NASDAQ:LEGHLegacy Housing Stock Price, Forecast & News

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 (WHO). Since then, LEGH shares have increased by 23.1% and is now trading at $14.34.
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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."
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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) issued its quarterly earnings data on Friday, May, 15th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.10. The business had revenue of $38.27 million for the quarter, compared to analysts' expectations of $38.01 million. Legacy Housing had a return on equity of 13.97% and a net margin of 18.11%.
View Legacy Housing's earnings history.

3 brokers have issued 1-year price objectives for Legacy Housing's shares. Their forecasts range from $13.00 to $14.00. On average, they expect Legacy Housing's stock price to reach $13.50 in the next year. This suggests that the stock has a possible downside of 5.9%.
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Press coverage about LEGH stock has been trending very positive this week, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. 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 daily sentiment score of 3.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days.
View the latest news about Legacy Housing.

Legacy Housing saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 105,900 shares, a decrease of 10.5% from the June 15th total of 118,300 shares. Based on an average daily volume of 32,600 shares, the short-interest ratio is currently 3.2 days. Approximately 1.8% of the company's shares are short sold.
View Legacy Housing's Current Options Chain.

Some companies that are related to Legacy Housing include BancFirst (BANF), Apollo Commercial Real Est. Finance (ARI), Encore Capital Group (ECPG), James River Group (JRVR), Fortress Transprtn and Infr Investrs (FTAI), RLJ Lodging Trust (RLJ), Capitol Federal Financial (CFFN), Tri-Continental (TY), WesBanco (WSBC), Retail Properties of America (RPAI), Axos Financial (AX), Bank of N.T. Butterfield & Son (NTB), Interrent Real Estate Investment Trust (IIPZF), Hercules Capital (HTGC) and Columbia Financial (CLBK).
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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 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 number of retail and institutional investors. Top institutional shareholders include GW&K Investment Management LLC (1.03%), Yacktman Asset Management LP (0.28%), First Trust Advisors LP (0.05%), Strs Ohio (0.04%), Bessemer Group Inc. (0.02%) and Patriot Financial Group Insurance Agency LLC (0.01%). 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 Bessemer Group Inc.. Company insiders that have sold Legacy Housing company stock in the last year include Curtis Drew Hodgson, 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 purchased by a variety of institutional investors in the last quarter, including Yacktman Asset Management LP, GW&K Investment Management LLC, Patriot Financial Group Insurance Agency LLC, Strs Ohio, and First Trust Advisors LP.
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 $14.34.

Legacy Housing has a market capitalization of $355.12 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]