NASDAQ:LEGHLegacy Housing Stock Price, Forecast & News

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 decreased by 1.3% and is now trading at $11.50. View which stocks have been most impacted by Coronavirus.

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.

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

Legacy Housing Corp (NASDAQ:LEGH) posted its quarterly earnings data on Friday, May, 15th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.10. The company earned $38.27 million during the quarter, compared to analyst estimates 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.

3 equities research analysts have issued 1-year price objectives for Legacy Housing's stock. Their forecasts range from $10.00 to $14.00. On average, they expect Legacy Housing's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View analysts' price targets for Legacy Housing.

News stories about LEGH stock have trended very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Legacy Housing earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutLegacy 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 volume of 40,500 shares, the short-interest ratio is presently 3.7 days. Approximately 2.6% of the company's shares are sold short. View Legacy Housing's Current Options Chain.

Some companies that are related to Legacy Housing include DiamondRock Hospitality (DRH), Gabelli Equity Trust (GAB), Retail Properties of America (RPAI), St. Joe (JOE), HOPEWELL HWY IN/ADR (HHILY), Getty Realty (GTY), Hope Bancorp (HOPE), James River Group (JRVR), Liberty All-Star Equity Fund (USA), Urban Edge Properties (UE), PennyMac Mortgage Investment Trust (PMT), Trupanion (TRUP), Heartland Financial USA (HTLF), Gazit Globe (GZTGF) and CYRELA BRAZIL R/S (CYRBY). View all competitors.

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).

(LEGH) raised $41 million in an initial public offering (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.

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

Legacy Housing's stock is owned by a variety of 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.

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.

LEGH stock was bought 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.

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.

One share of LEGH stock can currently be purchased for approximately $11.50.

Legacy Housing has a market capitalization of $284.79 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.

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

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]