NASDAQ:LEGH Legacy Housing - LEGH Stock Forecast, Price & News Adding Choose a watchlist: 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 Co. Please log in to your account or sign up in order to add this asset to your watchlist. $21.00 -0.50 (-2.33%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$20.92▼$21.8950-Day Range$18.95▼$22.3352-Week Range$11.96▼$24.97Volume31,889 shsAverage Volume43,676 shsMarket Capitalization$511.98 millionP/E Ratio7.66Dividend YieldN/APrice Target$28.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Legacy Housing MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside33.3% Upside$28.00 Price TargetShort InterestBearish3.42% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.33Based on 21 Articles This WeekInsider TradingSelling Shares$5.88 M Sold Last QuarterProj. Earnings Growth43.50%From $2.00 to $2.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsFinance Sector405th out of 876 stocksMobile Homes Industry1st out of 3 stocks 3.3 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 $28.00, Legacy Housing has a forecasted upside of 33.3% from its current price of $21.00.Amount of Analyst CoverageLegacy Housing has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.42% of the float of Legacy Housing has been sold short.Short Interest Ratio / Days to CoverLegacy Housing has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Legacy Housing has recently increased by 19.19%, indicating that investor sentiment is decreasing significantly. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LEGH. Previous Next 2.4 News and Social Media Coverage News SentimentLegacy Housing has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Legacy Housing this week, compared to 1 article on an average week.Search Interest3 people have searched for LEGH on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Legacy Housing to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 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 $5,880,094.00 in company stock.Percentage Held by Insiders38.40% 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 21.57% of the stock of Legacy Housing is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Legacy Housing are expected to grow by 43.50% in the coming year, from $2.00 to $2.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Legacy Housing is 7.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Legacy Housing is 7.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.38.Price to Book Value per Share RatioLegacy Housing has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Legacy Housing (NASDAQ:LEGH) StockLegacy Housing Corp. engages in the selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing. The company was founded by Curtis Drew Hodgson and Kenny E. Shipley in May 2005 and is headquartered in Dallas, TX.Read More Receive LEGH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Legacy Housing and its competitors with MarketBeat's FREE daily newsletter. Email Address LEGH Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comWall Street Analysts See a 31.4% Upside in Legacy Housing (LEGH): Can the Stock Really Move This High?March 22, 2023 | americanbankingnews.comLegacy Housing Co. (NASDAQ:LEGH) to Post FY2023 Earnings of $2.70 Per Share, B. Riley ForecastsMarch 22, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 22, 2023 | americanbankingnews.comInsider Selling: Legacy Housing Co. (NASDAQ:LEGH) Major Shareholder Sells 9,198 Shares of StockMarch 22, 2023 | americanbankingnews.comLegacy Housing (NASDAQ:LEGH) PT Raised to $23.00 at B. RileyMarch 22, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Legacy Housing Co. (NASDAQ:LEGH) Issued By B. RileyMarch 19, 2023 | americanbankingnews.comLegacy Housing Co. (NASDAQ:LEGH) Major Shareholder Douglas M. Shipley Sells 686 SharesMarch 18, 2023 | seekingalpha.comLegacy Housing Corporation (LEGH) Q4 2022 Earnings Call TranscriptMarch 22, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 18, 2023 | finance.yahoo.comLegacy Housing Corporation (NASDAQ:LEGH) Q4 2022 Earnings Call TranscriptMarch 17, 2023 | finance.yahoo.comQ4 2022 Legacy Housing Corp Earnings CallMarch 16, 2023 | msn.comLegacy Housing's Return On Capital Employed OverviewMarch 16, 2023 | finance.yahoo.comLegacy Housing (NASDAQ:LEGH) Might Have The Makings Of A Multi-BaggerMarch 15, 2023 | msn.comLegacy Housing GAAP EPS of $2.78 beats by $0.26, revenue of $257MMarch 15, 2023 | finance.yahoo.comLegacy Housing Corporation Reports Full Year 2022 Financial ResultsMarch 14, 2023 | msn.comLegacy Housing Earnings PreviewMarch 14, 2023 | americanbankingnews.comLegacy Housing (LEGH) Scheduled to Post Quarterly Earnings on WednesdayMarch 13, 2023 | finance.yahoo.comLegacy Housing Corporation Names Max Africk as General CounselMarch 13, 2023 | americanbankingnews.comLegacy Housing Co. (NASDAQ:LEGH) Chairman Sells $167,703.92 in StockMarch 9, 2023 | finance.yahoo.comLegacy Housing Corporation Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference CallFebruary 18, 2023 | msn.comPreventing the Next Legacy Crossing: Omaha Organizations Look for Sustainable Solutions to Housing CrisesFebruary 16, 2023 | finance.yahoo.comIs Legacy Housing Corporation's (NASDAQ:LEGH) Recent Stock Performance Tethered To Its Strong Fundamentals?February 7, 2023 | technews.tmcnet.comGuild Mortgage Acquires Legacy MortgageFebruary 3, 2023 | bizjournals.comLegacy Residential plans 2nd apartment complex near Miami airportFebruary 2, 2023 | finance.yahoo.comLegacy Housing Corporation (NASDAQ:LEGH) insiders seem bullish, own 60% and have been buying more recentlyDecember 9, 2022 | finance.yahoo.comLegacy Housing (LEGH)'s Technical Outlook is Bright After Key Golden CrossNovember 12, 2022 | seekingalpha.comLegacy Housing Corporation (LEGH) Q3 2022 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LEGH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Legacy Housing and its competitors with MarketBeat's FREE daily newsletter. Email Address LEGH Company Calendar Last Earnings11/09/2021Today3/22/2023Next Earnings (Estimated)9/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Mobile homes Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:LEGH CUSIPN/A CIK1436208 Webwww.legacyhousingcorp.com Phone(117) 799-4900FaxN/AEmployees870Year FoundedN/APrice Target and Rating Average Stock Price Forecast$28.00 High Stock Price Forecast$36.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+33.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.74 Trailing P/E Ratio7.66 Forward P/E Ratio10.50 P/E GrowthN/ANet Income$67.77 million Net Margins26.37% Pretax Margin31.96% Return on Equity19.08% Return on Assets16.34% Debt Debt-to-Equity Ratio0.01 Current Ratio2.58 Quick Ratio1.81 Sales & Book Value Annual Sales$257.02 million Price / Sales1.99 Cash Flow$2.75 per share Price / Cash Flow7.65 Book Value$15.66 per share Price / Book1.34Miscellaneous Outstanding Shares24,380,000Free Float15,018,000Market Cap$511.98 million OptionableNot Optionable Beta0.78 Key ExecutivesRobert D. BatesPresident & Chief Executive OfficerRonald C. ArringtonChief Financial OfficerKenneth E. ShipleyDirector & Executive Vice PresidentCharles E. MackChief Marketing OfficerJeffrey V. BurtChief Accounting OfficerKey CompetitorsHCI GroupNYSE:HCITejon RanchNYSE:TRCDiamond Hill Investment GroupNASDAQ:DHILFarmers National BancNASDAQ:FMNBOne Liberty PropertiesNYSE:OLPView All CompetitorsInsiders & InstitutionsCurtis Drew HodgsonSold 13,125 sharesTotal: $278,775.00 ($21.24/share)Douglas M ShipleySold 9,198 sharesTotal: $200,332.44 ($21.78/share)Douglas M ShipleySold 686 sharesTotal: $13,720.00 ($20.00/share)Curtis Drew HodgsonSold 20,000 sharesTotal: $375,200.00 ($18.76/share)William G ShipleySold 1,909 sharesTotal: $38,370.90 ($20.10/share)View All Insider TransactionsView All Institutional Transactions LEGH Stock - Frequently Asked Questions Should I buy or sell Legacy Housing stock right now? 3 Wall Street research 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. The consensus among Wall Street research analysts is that investors should "buy" LEGH shares. View LEGH analyst ratings or view top-rated stocks. What is Legacy Housing's stock price forecast for 2023? 3 equities research analysts have issued 1-year price targets for Legacy Housing's stock. Their LEGH share price forecasts range from $23.00 to $36.00. On average, they expect the company's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price. View analysts price targets for LEGH or view top-rated stocks among Wall Street analysts. How have LEGH shares performed in 2023? Legacy Housing's stock was trading at $18.96 at the beginning of 2023. Since then, LEGH shares have increased by 12.3% and is now trading at $21.29. View the best growth stocks for 2023 here. Are investors shorting Legacy Housing? Legacy Housing saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 340,400 shares, an increase of 19.2% from the February 13th total of 285,600 shares. Based on an average trading volume of 39,800 shares, the days-to-cover ratio is presently 8.6 days. Currently, 3.4% of the company's shares are short sold. View Legacy Housing's Short Interest. When is Legacy Housing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, September 11th 2023. View our LEGH earnings forecast. How were Legacy Housing's earnings last quarter? Legacy Housing Co. (NASDAQ:LEGH) posted its quarterly earnings data on Tuesday, November, 9th. The company reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.18. The company earned $56.47 million during the quarter, compared to the consensus estimate of $47.33 million. Legacy Housing had a net margin of 26.37% and a trailing twelve-month return on equity of 19.08%. What is Curt Hodgson and Kenny Shipley's approval rating as Legacy Housing's CEO? 32 employees have rated Legacy Housing Chief Executive Officer Curt Hodgson and Kenny Shipley on Glassdoor.com. Curt Hodgson and Kenny Shipley has an approval rating of 79% among the company's employees. 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), Block (SQ), AT&T (T), Verizon Communications (VZ), Home Depot (HD), Visa (V), AbbVie (ABBV), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ) and Netflix (NFLX). When did Legacy Housing IPO? (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. 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 shareholders include GW&K Investment Management LLC (1.76%), Voss Capital LLC (1.23%), Dimensional Fund Advisors LP (0.89%), Bard Associates Inc. (0.81%), Yacktman Asset Management LP (0.76%) and Robotti Robert (0.74%). Insiders that own company stock include Curtis Drew Hodgson, David Taylor Lauber, Douglas M Shipley, Jeffrey V Burt, Kenneth E Shipley, Robert Duncan Bates, William G Shipley and William G Shipley. View institutional ownership trends. How do I buy shares of Legacy Housing? Shares of LEGH stock 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. Compare Top Brokerages Here. What is Legacy Housing's stock price today? One share of LEGH stock can currently be purchased for approximately $21.29. How much money does Legacy Housing make? Legacy Housing (NASDAQ:LEGH) has a market capitalization of $519.05 million and generates $257.02 million in revenue each year. The company earns $67.77 million in net income (profit) each year or $2.74 on an earnings per share basis. How many employees does Legacy Housing have? The company employs 870 workers across the globe. How can I contact Legacy Housing? Legacy Housing's mailing address is 1600 AIRPORT FREEWAY #100, BEDFORD TX, 76022. The official website for the company is www.legacyhousingcorp.com. The company can be reached via phone at (117) 799-4900 or via email at investors@legacyhousingcorp.com. This page (NASDAQ:LEGH) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. Export data to Excel for your own analysis. 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