NASDAQ:LEGH Legacy Housing Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Legacy Housing Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.83 -0.14 (-1.08 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$12.56Now: $12.83▼$13.0950-Day Range$12.83MA: $14.75▼$16.6852-Week Range$8.50Now: $12.83▼$17.50Volume22,630 shsAverage Volume34,847 shsMarket Capitalization$310.38 millionP/E Ratio10.18Dividend YieldN/ABeta1.1 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingLegacy Housing has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.67, Legacy Housing has a forecasted upside of 22.1% from its current price of $12.83.Amount of Analyst CoverageLegacy Housing has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesLegacy Housing has received 78 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLegacy Housing has received 109 “underperform” votes. (Add your “underperform” vote.)Community SentimentLegacy Housing has received 58.29% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Legacy Housing and other stocks. Vote “Outperform” if you believe LEGH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LEGH will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldLegacy Housing does not currently pay a dividend.Dividend GrowthLegacy Housing does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Legacy Housing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $956,594.00 in company stock.Percentage Held by Insiders49.10% of the stock of Legacy Housing is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 16.95% of the stock of Legacy Housing is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Legacy Housing are expected to grow by 3.17% in the coming year, from $1.26 to $1.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Legacy Housing is 10.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Legacy Housing is 10.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.03.Price to Book Value per Share RatioLegacy Housing has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.46 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Mobile homes Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LEGH Previous Symbol CUSIPN/A CIKN/A Webwww.legacyhousingcorp.com Phone817-799-4900Debt Debt-to-Equity Ratio0.16 Current Ratio1.73 Quick Ratio0.81Price-To-Earnings Trailing P/E Ratio10.18 Forward P/E Ratio10.18 P/E GrowthN/A Sales & Book Value Annual Sales$168.96 million Price / Sales1.84 Cash Flow$1.04 per share Price / Cash Flow12.33 Book Value$9.00 per share Price / Book1.43Profitability EPS (Most Recent Fiscal Year)$1.18 Net Income$28.84 million Net Margins18.06% Return on Equity13.50% Return on Assets10.56%Miscellaneous Employees800 Outstanding Shares24,192,000Market Cap$310.38 million Next Earnings Date11/12/2020 (Estimated) OptionableNot Optionable $12.83 -0.14 (-1.08 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive LEGH News and Ratings via Email Sign-up to receive the latest news and ratings for LEGH and its competitors with MarketBeat's FREE daily newsletter. Legacy Housing (NASDAQ:LEGH) Frequently Asked Questions How has Legacy Housing's stock price been impacted by COVID-19? Legacy Housing's stock was trading at $11.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LEGH stock has increased by 10.1% and is now trading at $12.83. View which stocks have been most impacted by COVID-19. 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 Thursday, November 12th 2020. View our earnings forecast for Legacy Housing. How were Legacy Housing's earnings last quarter? Legacy Housing Corp (NASDAQ:LEGH) released its earnings results on Thursday, August, 13th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.02. The company had revenue of $46.01 million for the quarter, compared to analyst estimates of $43.32 million. Legacy Housing had a return on equity of 13.50% and a net margin of 18.06%. View Legacy Housing's earnings history. What price target have analysts set for LEGH? 3 analysts have issued 12 month price objectives for Legacy Housing's stock. Their forecasts range from $13.00 to $20.00. On average, they anticipate Legacy Housing's stock price to reach $15.67 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View analysts' price targets for Legacy Housing. Are investors shorting Legacy Housing? Legacy Housing saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 66,300 shares, a drop of 26.3% from the August 15th total of 90,000 shares. Based on an average trading volume of 37,200 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.3% of the company's shares are sold short. View Legacy Housing's Short Interest. Who are some of Legacy Housing's key competitors? Some companies that are related to Legacy Housing include Alexander's (ALX), Liberty All-Star Equity Fund (USA), Piper Sandler Companies (PIPR), Royce Value Trust (RVT), Chow Tai Fook Jewellery Group (LFSYY), Columbia Property Trust (CXP), First Merchants (FRME), First Midwest Bancorp (FMBI), Renasant (RNST), Encore Capital Group (ECPG), MFA FINL INC/SH (MFA), St. Joe (JOE), Bank of N.T. Butterfield & Son (NTB), Hospitality Properties Trust (SVC) and FBL Financial Group (FFG). View all 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 Walt Disney (DIS), Square (SQ), AT&T (T), Verizon Communications (VZ), Home Depot (HD), Visa (V), AbbVie (ABBV), Advanced Micro Devices (AMD), CVS Health (CVS) and Johnson & Johnson (JNJ). 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 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. 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 a variety of institutional and retail investors. Top institutional investors include FMR LLC (1.88%), FMR LLC (1.92%), GW&K Investment Management LLC (1.03%), Perritt Capital Management Inc. (0.44%), Yacktman Asset Management LP (0.28%) and Teton Advisors Inc. (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 major investors are selling Legacy Housing stock? LEGH stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, Perritt Capital Management Inc., and Bessemer Group Inc.. Company insiders that have sold Legacy Housing company stock in the last year include Curtis Drew Hodgson, Kenneth E Shipley, and William G Shipley. View insider buying and selling activity for Legacy Housing. Which major investors are buying Legacy Housing stock? LEGH stock was bought by a variety of institutional investors in the last quarter, including Yacktman Asset Management LP, Charles Schwab Investment Management Inc., Nuveen Asset Management LLC, GW&K Investment Management LLC, Advisor Group Holdings Inc., Gabelli Funds LLC, Teton Advisors Inc., and Patriot Financial Group Insurance Agency LLC. 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 $12.83. How big of a company is Legacy Housing? Legacy Housing has a market capitalization of $310.38 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 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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