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NASDAQ:LEGHLegacy Housing Stock Price, Forecast & News

$12.75
-0.26 (-2.00 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$12.75
Now: $12.75
$13.28
50-Day Range
$8.74
MA: $10.55
$13.01
52-Week Range
$8.50
Now: $12.75
$17.50
Volume38,500 shs
Average Volume34,405 shs
Market Capitalization$315.74 million
P/E Ratio10.20
Dividend YieldN/A
Beta1.12
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms. It also provides floor plan or wholesale financing for independent retailers; consumer financing for its products sold to end-users; and financing to community owners that buy its products for use in their rental housing communities. The company markets its homes under the Legacy brand through a network of 114 independent and 12 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.28 out of 5 stars


Industry, Sector and Symbol

Industry Mobile homes
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:LEGH
CUSIPN/A
CIKN/A
Phone817-799-4900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$168.96 million
Cash Flow$1.18 per share
Book Value$9.00 per share

Profitability

Net Income$28.84 million

Miscellaneous

Employees800
Market Cap$315.74 million
Next Earnings Date8/11/2020 (Estimated)
OptionableNot Optionable

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Legacy Housing (NASDAQ:LEGH) Frequently Asked Questions

How has Legacy Housing's stock been impacted by COVID-19 (Coronavirus)?

Legacy Housing's stock was trading at $11.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LEGH stock has increased by 9.4% and is now trading at $12.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Legacy Housing?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Legacy Housing in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Legacy Housing.

When is Legacy Housing's next earnings date?

Legacy Housing is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for Legacy Housing.

How were Legacy Housing's earnings last quarter?

Legacy Housing Corp (NASDAQ:LEGH) announced its earnings results on Friday, May, 15th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.10. The firm earned $38.27 million during the quarter, compared to analysts' expectations of $38.01 million. Legacy Housing had a net margin of 18.11% and a return on equity of 13.97%. View Legacy Housing's earnings history.

What price target have analysts set for LEGH?

3 brokerages have issued 1-year price objectives for Legacy Housing's shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate Legacy Housing's stock price to reach $12.00 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. View analysts' price targets for Legacy Housing.

Has Legacy Housing been receiving favorable news coverage?

News coverage about LEGH stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Legacy Housing earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutLegacy Housing.

Are investors shorting Legacy Housing?

Legacy Housing saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 149,400 shares, a drop of 15.6% from the April 30th total of 177,100 shares. Based on an average daily trading volume, of 40,500 shares, the short-interest ratio is currently 3.7 days. Approximately 2.6% of the shares of the company are short sold. View Legacy Housing's Current Options Chain.

Who are some of Legacy Housing's key competitors?

What other stocks do shareholders of Legacy Housing own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Legacy Housing investors own include Carnival (CCL), Dominion Energy (D), AT&T (T), Verizon Communications (VZ), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Franklin Resources (BEN), Canadian Natural Resources (CNQ), Walt Disney (DIS) and DexCom (DXCM).

Who are Legacy Housing's key executives?

Legacy Housing's management team includes the following people:
  • Mr. Curtis D. Hodgson, Exec. Chairman (Age 64)
  • Mr. Kenneth E. Shipley, Pres, CEO & Director (Age 60)
  • Mr. Jeffrey V. Burt, CFO & Treasurer (Age 57)
  • Mr. Neal J. Suit, Exec. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Larry G. Badgley, Director of Corp. Devel. (Age 63)

When did Legacy Housing IPO?

(LEGH) raised $41 million in an IPO on Friday, December 14th 2018. The company issued 3,500,000 shares at a price of $10.75-$12.75 per share. B. Riley FBR and Oak Ridge Financial acted as the underwriters for the IPO.

What is Legacy Housing's stock symbol?

Legacy Housing trades on the NASDAQ under the ticker symbol "LEGH."

Who are Legacy Housing's major shareholders?

Legacy Housing's stock is owned by many different retail and institutional investors. Top institutional shareholders include Voss Capital LLC (1.63%), BlackRock Inc. (1.33%), GW&K Investment Management LLC (1.00%), Russell Investments Group Ltd. (0.61%), State Street Corp (0.39%) and Geode Capital Management LLC (0.27%). Company insiders that own Legacy Housing stock include Curtis Drew Hodgson, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, Mark E Bennett, Neal J Suit and William G Shipley. View institutional ownership trends for Legacy Housing.

Which institutional investors are selling Legacy Housing stock?

LEGH stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., GW&K Investment Management LLC, UBS Group AG, Bank of New York Mellon Corp, and First Trust Advisors LP. Company insiders that have sold Legacy Housing company stock in the last year include Curtis Drew Hodgson, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, Neal J Suit, and William G Shipley. View insider buying and selling activity for Legacy Housing.

Which institutional investors are buying Legacy Housing stock?

LEGH stock was acquired by a variety of institutional investors in the last quarter, including Voss Capital LLC, Private Advisors LLC, Redmond Asset Management LLC, Martingale Asset Management L P, Teton Advisors Inc., Bessemer Group Inc., Geode Capital Management LLC, and BlackRock Inc.. View insider buying and selling activity for Legacy Housing.

How do I buy shares of Legacy Housing?

Shares of LEGH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Legacy Housing's stock price today?

One share of LEGH stock can currently be purchased for approximately $12.75.

How big of a company is Legacy Housing?

Legacy Housing has a market capitalization of $315.74 million and generates $168.96 million in revenue each year. The company earns $28.84 million in net income (profit) each year or $1.18 on an earnings per share basis. Legacy Housing employs 800 workers across the globe.

What is Legacy Housing's official website?

The official website for Legacy Housing is www.legacyhousingcorp.com.

How can I contact Legacy Housing?

Legacy Housing's mailing address is 1600 AIRPORT FREEWAY #100, BEDFORD TX, 76022. The company can be reached via phone at 817-799-4900 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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