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NASDAQ:LEGH

Legacy Housing (LEGH) Stock Price, News & Analysis

$23.42
-0.21 (-0.89%)
(As of 06/13/2024 ET)
Today's Range
$23.30
$23.66
50-Day Range
$19.59
$24.24
52-Week Range
$17.67
$26.50
Volume
32,699 shs
Average Volume
71,905 shs
Market Capitalization
$569.48 million
P/E Ratio
11.05
Dividend Yield
N/A
Price Target
$29.00

Legacy Housing MarketRank™ Stock Analysis

Analyst Rating
Buy
3.33 Rating Score
Upside/​Downside
23.8% Upside
$29.00 Price Target
Short Interest
Healthy
5.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.27mentions of Legacy Housing in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$203,934 Bought Last Quarter
Proj. Earnings Growth
6.41%
From $2.34 to $2.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.37 out of 5 stars

Finance Sector

434th out of 868 stocks

Mobile Homes Industry

1st out of 3 stocks

LEGH stock logo

About Legacy Housing Stock (NASDAQ:LEGH)

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. The company also offers inventory financing for its independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy or lease its products for use in their rental housing communities. In addition, it involved in financing and developing new manufactured home communities. The company markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.

LEGH Stock Price History

LEGH Stock News Headlines

Legacy Housing Tops Q1 Earnings and Revenue Estimates
Legacy Housing: Q1 Earnings Snapshot
Here's what to expect from Legacy Housing's earnings report
Legacy Housing Corp (LEGH)
Legacy Housing Corporation (LEGH)
Q4 2023 Legacy Housing Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/14/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Mobile homes
Sub-Industry
N/A
Current Symbol
NASDAQ:LEGH
Fax
N/A
Employees
572
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.00
High Stock Price Target
$33.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+23.8%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
$54.46 million
Pretax Margin
37.62%

Debt

Sales & Book Value

Annual Sales
$179.53 million
Cash Flow
$2.28 per share
Book Value
$17.91 per share

Miscellaneous

Free Float
16,486,000
Market Cap
$569.48 million
Optionable
Optionable
Beta
1.02
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LEGH Stock Analysis - Frequently Asked Questions

Should I buy or sell Legacy Housing stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Legacy Housing in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 target for 2024?

3 equities research analysts have issued twelve-month target prices for Legacy Housing's shares. Their LEGH share price targets range from $25.00 to $33.00. On average, they expect the company's share price to reach $29.00 in the next year. This suggests a possible upside of 23.8% 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 2024?

Legacy Housing's stock was trading at $25.22 at the beginning of the year. Since then, LEGH stock has decreased by 7.1% and is now trading at $23.42.
View the best growth stocks for 2024 here
.

Are investors shorting Legacy Housing?

Legacy Housing saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 544,600 shares, a decline of 26.8% from the May 15th total of 743,800 shares. Based on an average trading volume of 89,100 shares, the short-interest ratio is presently 6.1 days. Currently, 5.4% of the shares of the stock are sold short.
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 Wednesday, August 14th 2024.
View our LEGH earnings forecast
.

How were Legacy Housing's earnings last quarter?

Legacy Housing Co. (NASDAQ:LEGH) issued its quarterly earnings data on Thursday, May, 9th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.36 by $0.24. The business had revenue of $43.24 million for the quarter, compared to analyst estimates of $38.07 million. Legacy Housing had a trailing twelve-month return on equity of 12.33% and a net margin of 29.70%. During the same quarter in the prior year, the firm posted $0.65 EPS.

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?

Legacy Housing (LEGH) raised $41 million in an initial public offering 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 acted as the underwriters for the IPO.

Who are Legacy Housing's major shareholders?

Legacy Housing's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.81%), Robotti Robert (0.53%), Meixler Investment Management Ltd. (0.49%), Redmond Asset Management LLC (0.39%), Perritt Capital Management Inc. (0.35%) and Teton Advisors Inc. (0.30%). Insiders that own company stock include Curtis Drew Hodgson, David Taylor Lauber, Douglas M Shipley, Jeffrey Kyle Stouder, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LEGH) was last updated on 6/14/2024 by MarketBeat.com Staff

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