Legacy Housing Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Legacy Housing in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Legacy Housing stock.
View analyst ratings for Legacy Housing or view top-rated stocks.

Wall Street analysts have given Legacy Housing a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Legacy Housing wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Legacy Housing saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 108,100 shares, a decrease of 12.3% from the June 30th total of 123,200 shares. Based on an average trading volume of 43,500 shares, the short-interest ratio is presently 2.5 days. Approximately 1.3% of the shares of the company are sold short.
View Legacy Housing's Short Interest.

Legacy Housing is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021.
View our earnings forecast for Legacy Housing.

Legacy Housing Co. (NASDAQ:LEGH) issued its earnings results on Sunday, May, 9th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.02. The firm earned $39.94 million during the quarter, compared to the consensus estimate of $37.25 million. Legacy Housing had a trailing twelve-month return on equity of 14.39% and a net margin of 20.50%.
View Legacy Housing's earnings history.

Legacy Housing's stock was trading at $11.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LEGH stock has increased by 55.5% and is now trading at $18.11.
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2 Wall Street analysts have issued 12-month price objectives for Legacy Housing's stock. Their forecasts range from $20.00 to $24.00. On average, they expect Legacy Housing's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price.
View analysts' price targets for Legacy Housing or view top-rated stocks among Wall Street analysts.

32 employees have rated Legacy Housing CEO Curt Hodgson and Kenny Shipley on Glassdoor.com. Curt Hodgson and Kenny Shipley has an approval rating of 79% among Legacy Housing's employees.

Some companies that are related to Legacy Housing include BR Malls Participações (BRMSY), Global Net Lease (GNL), Two Harbors Investment (TWO), Great Western Bancorp (GWB), Genworth Financial (GNW), Tanger Factory Outlet Centers (SKT), Lakeland Financial (LKFN), Provident Financial Services (PFS), Sixth Street Specialty Lending (TSLX), Bridge Investment Group (BRDG), Cielo (CIOXY), Northwest Bancshares (NWBI), Seacoast Banking Co. of Florida (SBCF), Kite Realty Group Trust (KRG) and Hope Bancorp (HOPE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Legacy Housing investors own include The Walt Disney (DIS), Square (SQ), AT&T (T), Verizon Communications (VZ), The Home Depot (HD), Visa (V), AbbVie (ABBV), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ) and Netflix (NFLX).

(LEGH) raised $41 million in an initial public offering (IPO) on Friday, December 14th 2018. The company issued 3,500,000 shares at $10.75-$12.75 per share. B. Riley FBR and Oak Ridge Financial served 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 investors include Yacktman Asset Management LP (0.75%) and Victory Capital Management Inc. (0.27%). Company insiders that own Legacy Housing stock include Curtis Drew Hodgson, David Taylor Lauber, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, 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 Victory Capital Management Inc.. Company insiders that have sold Legacy Housing company stock in the last year include Curtis Drew Hodgson, David Taylor Lauber, Douglas M Shipley, Kenneth E Shipley, and William G Shipley.
View insider buying and selling activity for Legacy Housing or view top insider-selling stocks.

LEGH stock was purchased by a variety of institutional investors in the last quarter, including Yacktman Asset Management LP.
View insider buying and selling activity for Legacy Housing or or view top insider-buying stocks.

Shares of LEGH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LEGH stock can currently be purchased for approximately $18.11.

Legacy Housing has a market capitalization of $438.32 million and generates $176.72 million in revenue each year. The company earns $37.99 million in net income (profit) each year or $1.48 on an earnings per share basis.

Legacy Housing employs 870 workers across the globe.

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

Legacy Housing is headquartered at 1600 AIRPORT FREEWAY #100, BEDFORD TX, 76022.

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]