NASDAQ:LEGH Legacy Housing (LEGH) Stock Price, News & Analysis $25.55 -0.13 (-0.51%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$25.51▼$26.1050-Day Range$22.27▼$28.4852-Week Range$17.67▼$29.31Volume25,739 shsAverage Volume67,608 shsMarket Capitalization$621.27 millionP/E Ratio12.05Dividend YieldN/APrice Target$30.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Legacy Housing alerts: Email Address Legacy Housing MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside18.7% Upside$30.33 Price TargetShort InterestBearish4.80% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$822,406 Sold Last QuarterProj. Earnings Growth6.27%From $2.55 to $2.71 Per ShareSee Full Details Hide Full Details 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.2.43 out of 5 starsFinance Sector541st out of 871 stocksMobile Homes Industry1st out of 3 stocks 2.3 Analyst's Opinion Consensus RatingLegacy Housing has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLegacy Housing has only been the subject of 2 research reports in the past 90 days.Read more about Legacy Housing's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.80% 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 7.7.Change versus previous monthShort interest in Legacy Housing has recently increased by 13.82%, 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 2.2 News and Social Media Coverage News SentimentLegacy Housing has a news sentiment score of 0.95. 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 higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Legacy Housing this week, compared to 1 article on an average week. Previous Next 4.2 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 $822,406.00 in company stock.Percentage Held by Insiders32.20% 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 Institutions89.35% of the stock of Legacy Housing is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Legacy Housing's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Legacy Housing are expected to grow by 6.27% in the coming year, from $2.55 to $2.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Legacy Housing is 12.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Legacy Housing is 12.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.21.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.Read more about Legacy Housing's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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.Read More LEGH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LEGH Stock News HeadlinesAugust 29, 2024 | insidertrades.comCurtis Drew Hodgson Sells 13,387 Shares of Legacy Housing Co. (NASDAQ:LEGH) StockAugust 21, 2024 | insidertrades.comLegacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 17,300 SharesSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 13, 2024 | finance.yahoo.comLegacy Housing Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagAugust 8, 2024 | markets.businessinsider.comHere's what Wall Street expects from Legacy Housing's earningsAugust 8, 2024 | globenewswire.comLegacy Housing Corporation Reports Second Quarter 2024 Financial ResultsJuly 16, 2024 | globenewswire.comLegacy Housing Corporation Announces Timing of Second Quarter 2024 Earnings Release and Conference CallJune 13, 2024 | seekingalpha.comLegacy Housing: An Affordable High-Quality Manufactured Home BuilderSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... May 13, 2024 | finance.yahoo.comLegacy Housing Corp (LEGH) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges ...May 12, 2024 | finance.yahoo.comLegacy Housing Corporation (NASDAQ:LEGH) Q1 2024 Earnings Call TranscriptMay 12, 2024 | finance.yahoo.comLegacy Housing Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearMay 11, 2024 | markets.businessinsider.comLegacy Housing Tops Q1 Earnings and Revenue EstimatesMay 10, 2024 | msn.comLEGH Stock Earnings: Legacy Housing Beats EPS, Beats Revenue for Q1 2024May 9, 2024 | sfgate.comLegacy Housing: Q1 Earnings SnapshotMay 9, 2024 | globenewswire.comLegacy Housing Corporation Reports First Quarter 2024 Financial ResultsMay 9, 2024 | markets.businessinsider.comHere's what to expect from Legacy Housing's earnings reportMay 8, 2024 | msn.comLegacy Housing Q1 2024 Earnings PreviewSee More Headlines 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 Company Calendar Last Earnings8/08/2024Today9/07/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Mobile homes Sub-IndustryConstruction Materials Current SymbolNASDAQ:LEGH CUSIPN/A CIK1436208 Webwww.legacyhousingcorp.com Phone(117) 799-4900FaxN/AEmployees880Year FoundedN/APrice Target and Rating Average Stock Price Target$30.33 High Stock Price Target$33.00 Low Stock Price Target$29.00 Potential Upside/Downside+18.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.12 Trailing P/E Ratio12.05 Forward P/E Ratio10.02 P/E GrowthN/ANet Income$54.46 million Net Margins32.17% Pretax Margin40.88% Return on Equity12.25% Return on Assets10.75% Debt Debt-to-Equity Ratio0.03 Current Ratio4.39 Quick Ratio3.41 Sales & Book Value Annual Sales$169.39 million Price / Sales3.67 Cash Flow$2.13 per share Price / Cash Flow11.99 Book Value$19.05 per share Price / Book1.34Miscellaneous Outstanding Shares24,316,000Free Float16,486,000Market Cap$621.27 million OptionableOptionable Beta1.08 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Curtis Drew Hodgson (Age 69)Co-Founder & Executive Chairman of the Board Comp: $200kMr. Robert Duncan Bates (Age 36)President & CEO Comp: $400kMr. Kenneth E. Shipley (Age 65)Founder, Executive VP & Director Comp: $50kMr. Jeffrey M. Fiedelman (Age 55)Chief Financial Officer Comp: $251.54kMary SaenzDirector of HR & Regulatory ComplianceMr. Max M. Africk (Age 34)Corporate Secretary & General Counsel Mr. Ed SpaethSales ManagerMr. Larry G. Badgley (Age 68)Director of Corporate Development Comp: $150kMr. Charles E. Mack IVChief Marketing OfficerMore ExecutivesKey CompetitorsJanus International GroupNYSE:JBIHelios TechnologiesNASDAQ:HLIOJELD-WENNYSE:JELDLoma Negra Compañía Industrial Argentina Sociedad AnónimaNYSE:LOMACementos Pacasmayo S.A.A.NYSE:CPACView All CompetitorsInsiders & InstitutionsCurtis Drew HodgsonSold 13,387 sharesTotal: $371,221.51 ($27.73/share)Curtis Drew HodgsonSold 17,300 sharesTotal: $451,184.00 ($26.08/share)Progeny 3 Inc.Bought 44,420 shares on 8/14/2024Ownership: 0.183%Squarepoint Ops LLCBought 17,312 shares on 8/14/2024Ownership: 0.071%Marshall Wace LLPBought 16,362 shares on 8/14/2024Ownership: 0.067%View All Insider TransactionsView All Institutional Transactions LEGH Stock Analysis - Frequently Asked Questions How have LEGH shares performed this year? Legacy Housing's stock was trading at $25.22 on January 1st, 2024. Since then, LEGH stock has increased by 1.3% and is now trading at $25.55. View the best growth stocks for 2024 here. How were Legacy Housing's earnings last quarter? Legacy Housing Co. (NASDAQ:LEGH) issued its quarterly earnings results on Thursday, August, 8th. The company reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.07. The company had revenue of $42.50 million for the quarter, compared to analysts' expectations of $46.35 million. Legacy Housing had a trailing twelve-month return on equity of 12.25% and a net margin of 32.17%. 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. 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 a price of $10.75-$12.75 per share. B. Riley FBR and Oak Ridge Financial served as the underwriters for the IPO. Who are Legacy Housing's major shareholders? Legacy Housing's top institutional investors include Dimensional Fund Advisors LP (2.51%), American Century Companies Inc. (0.74%), Yacktman Asset Management LP (0.53%) and Meixler Investment Management Ltd. (0.48%). Insiders that own company stock include William G Shipley, Kenneth E Shipley, Douglas M Shipley, Curtis Drew Hodgson, Jeffrey V Burt, Robert Duncan Bates and Jeffrey Kyle Stouder. 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. What other stocks do shareholders of Legacy Housing own? Based on aggregate information from My MarketBeat watchlists, some other companies that Legacy Housing investors own include Walt Disney (DIS), Block (SQ), AT&T (T), Verizon Communications (VZ), Home Depot (HD), Visa (V) and AbbVie (ABBV). This page (NASDAQ:LEGH) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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