LEGH - Legacy Housing Corp Stock Price, Fair Value and News

20.33USD+0.25 (+1.25%)Delayed as of 26 Apr 2024, 10:00 am ET

Market Summary

USD20.33+0.25

Delayedas of 26 Apr 2024, 10:00 am

1.25%

LEGH Alerts

2 major insider buys recently.

LEGH Stock Price

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LEGH RSI Chart

LEGH Valuation

Market Cap

490.0M

Price/Earnings (Trailing)

Price/Sales (Trailing)

2.59

EV/EBITDA

6.85

Price/Free Cashflow

-23.06

LEGH Price/Sales (Trailing)

LEGH Profitability

EBT Margin

36.34%

Return on Equity

12.47%

Return on Assets

10.75%

Free Cashflow Yield

-4.34%

LEGH Fundamentals

LEGH Revenue

Revenue (TTM)

189.1M

Rev. Growth (Yr)

-55.38%

Rev. Growth (Qtr)

-32.49%

LEGH Earnings

Earnings (TTM)

54.5M

Earnings Growth (Yr)

-64.05%

Earnings Growth (Qtr)

-56.02%

Breaking Down LEGH Revenue

52 Week Range

18.6725.30

(Low)(High)

Last 7 days

2.7%

Last 30 days

1.6%

Last 90 days

-17.4%

Trailing 12 Months

-9.4%

How does LEGH drawdown profile look like?

LEGH Financial Health

Current Ratio

2.89

LEGH Investor Care

Shares Dilution (1Y)

0.09%

Diluted EPS (TTM)

2.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	249.9M	238.4M	231.0M	189.1M
2022	217.5M	233.1M	234.0M	257.0M
2021	178.4M	181.0M	193.7M	197.5M
2020	169.3M	169.5M	171.3M	176.7M
2019	157.1M	158.9M	160.3M	169.0M
2018	0	0	0	161.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Legacy Housing Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 26, 2024	stouder jeffrey kyle	bought	100,495	19.9	5,050	-
Mar 25, 2024	bates robert duncan	acquired	99,998	16.01	6,246	president and ceo
Mar 25, 2024	coll francisco javier	bought	33,033	20.02	1,650	-
Mar 21, 2024	stouder jeffrey kyle	bought	103,439	21.11	4,900	-
Mar 12, 2024	hodgson curtis drew	sold	-135,679	25.01	-5,425	-
Mar 11, 2024	hodgson curtis drew	sold	-300,572	25.1	-11,975	-
Mar 04, 2024	hodgson curtis drew	sold	-441,264	25.36	-17,400	-
Feb 26, 2024	hodgson curtis drew	sold	-437,784	25.16	-17,400	-
Feb 20, 2024	hodgson curtis drew	sold	-432,390	24.85	-17,400	-
Feb 16, 2024	shipley kenneth e	sold	-805,200	24.4	-33,000	executive vice president

Which funds bought or sold LEGH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Premier Path Wealth Partners, LLC	reduced	-3.47	-215,160	1,004,980	0.19%
Apr 24, 2024	RITHOLTZ WEALTH MANAGEMENT	sold off	-100	-210,461	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-64.6	-14,000	6,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	27,446	119,139	-%
Apr 19, 2024	DENALI ADVISORS LLC	unchanged	-	-37,740	219,504	0.06%
Apr 05, 2024	CWM, LLC	added	5.19	-1,000	7,000	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	reduced	-15.81	-481,581	1,228,510	-%
Apr 03, 2024	WealthCollab, LLC	new	-	10,467	10,467	0.01%
Mar 11, 2024	VANGUARD GROUP INC	added	5.24	2,842,280	10,577,000	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-228,980	-	-%

Are Funds Buying or Selling LEGH?

Are funds buying LEGH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LEGH

No. of Funds

LEGH Alerts

2 major insider buys recently.

Unveiling Legacy Housing Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	hodgson curtis drew	19.1%	4,665,629	SC 13G/A
Feb 14, 2024	shipley kenneth e	12.4%	3,026,610	SC 13G/A
Feb 14, 2024	shipley william g	11.9%	2,898,953	SC 13G/A
Feb 14, 2024	shipley douglas m	12.0%	2,919,978	SC 13G/A
Jan 19, 2024	dechomai asset trust	2.0%	5e+05	SC 13G/A
Aug 02, 2023	hodgson curtis drew	22.5%	5,492,642	SC 13G/A
Jul 21, 2022	shipley douglas m	13.4%	3,256,667	SC 13G/A
Jul 21, 2022	shipley kenneth e	13.7%	3,326,667	SC 13G/A
Jul 21, 2022	shipley kenneth e	13.3%	3,218,570	SC 13G/A
Jul 21, 2022	shipley kenneth e	13.1%	3,181,667	SC 13G/A

Recent SEC filings of Legacy Housing Corp

View All Filings

Date Filed	Form Type	Document
Mar 28, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading
Mar 15, 2024	10-K	Annual Report
Mar 12, 2024	144/A	144/A
Mar 12, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading

Peers (Alternatives to Legacy Housing Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	329.0B	152.7B	-12.63%	15.23%	21.72	2.15	-3.01%	-11.47%
LOW	131.6B	86.4B	-8.55%	14.51%	17.03	1.52	-11.01%	20.02%
DHI	47.0B	37.1B	-9.49%	35.91%	9.46	1.27	10.12%	-4.29%
NVR	24.6B	9.5B	-1.97%	35.70%	15.43	2.58	-9.58%	-7.76%
FND	11.5B	4.4B	-15.52%	15.10%	46.89	2.61	3.50%	-17.51%
MID-CAP
MHK	7.0B	11.1B	-11.85%	16.24%	-15.98	0.63	-5.13%	-1840.86%
IBP	6.7B	2.8B	-7.85%	98.78%	27.38	2.4	4.08%	9.09%
WHR	5.8B	19.3B	-15.39%	-26.40%	14.39	0.3	-0.81%	119.92%
CVCO	3.1B	1.9B	-4.67%	27.56%	17.86	1.65	-14.77%	-30.65%
CCS	2.5B	3.9B	-15.63%	21.77%	8.66	0.65	-8.36%	-30.22%
LEG	2.4B	4.7B	-0.61%	-42.05%	-17.56	0.51	-8.19%	-144.16%
SMALL-CAP
AMWD	1.5B	1.9B	-8.69%	91.28%	12.15	0.77	-10.13%	53.07%
BZH	866.5M	2.1B	-12.01%	63.71%	5.55	0.4	-6.89%	-25.76%
BSET	118.9M	369.0M	-10.53%	-5.42%	-20.47	0.32	-22.39%	-109.49%
CRWS	51.9M	86.7M	-3.80%	-9.30%	11	0.6	9.53%	-34.99%

Legacy Housing Corp News

Latest updates

Legacy Housing Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-32.5%	33,714	49,937	52,636	52,857	75,551	57,325	64,211	59,928	52,508	56,470	48,589	39,940	48,702	43,743	46,006	38,273	43,305	41,936	45,761	37,954	34,638
S&GA Expenses	18.4%	7,233	6,108	5,527	5,412	7,281	6,727	5,901	7,659	8,302	5,046	5,165	4,793	4,867	4,525	4,064	5,612	6,554	6,293	6,144	6,491	6,249
EBITDA Margin	4.3%	0.38*	0.36*	0.34*	0.34*	0.33*	0.33*	0.32*	0.32*	0.32*	0.31*	0.30*	0.29*	0.29*	-	-	-	-	-	-	-	-
Interest Expenses	12.7%	342	303	195	91.00	49.00	88.00	183	56.00	60.00	318	283	226	237	239	239	338	207	148	158	189	480
Income Taxes	29.9%	4,391	3,380	3,070	3,435	4,165	2,836	3,816	3,558	3,329	2,721	2,498	2,208	2,728	2,486	3,015	2,600	2,055	1,895	2,788	2,000	894
Earnings Before Taxes	-41.1%	11,467	19,468	18,090	19,711	23,850	17,571	21,077	19,650	16,858	15,714	15,147	12,909	13,216	10,932	13,055	11,621	8,915	8,033	11,421	9,221	3,672
EBT Margin	3.5%	0.36*	0.35*	0.33*	0.33*	0.32*	0.32*	0.31*	0.31*	0.31*	0.29*	0.29*	0.28*	0.28*	-	-	-	-	-	-	-	-
Net Income	-56.0%	7,076	16,088	15,020	16,276	19,685	14,735	17,261	16,092	13,530	12,993	12,649	10,700	10,487	8,446	10,040	9,023	6,860	6,138	8,633	7,213	2,779
Net Income Margin	-0.8%	0.29*	0.29*	0.28*	0.27*	0.26*	0.26*	0.26*	0.25*	0.25*	0.24*	0.23*	0.22*	0.22*	-	-	-	-	-	-	-	-
Free Cashflow	-1232.5%	-11,393	-855	-5,549	-3,452	-3,013	2,984	-3,542	-1,920	8,529	52,920	-3,917	-3,188	5,046	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.2%	507	496	466	455	437	418	413	391	367	349	374	357	339	328	312	302	284	262	252	244	235
Current Assets	13.4%	108	95.00	93.00	108	107	103	114	109	93.00	83.00	70.00	61.00	55.00	56.00	50.00	58.00	53.00	53.00	57.00	62.00	63.00
Cash Equivalents	37.0%	1.00	1.00	2.00	3.00	3.00	11.00	14.00	3.00	1.00	1.00	1.00	2.00	1.00	2.00	1.00	4.00	2.00	2.00	2.00	3.00	3.00
Inventory	-6.2%	33.00	35.00	34.00	33.00	32.00	49.00	47.00	48.00	42.00	37.00	40.00	32.00	27.00	28.00	26.00	32.00	27.00	28.00	34.00	38.00	42.00
Net PPE	11.8%	38.00	34.00	31.00	31.00	30.00	30.00	28.00	28.00	28.00	26.00	24.00	24.00	23.00	22.00	21.00	21.00	21.00	21.00	18.00	18.00	17.00
Liabilities	5.8%	70.00	66.00	53.00	57.00	55.00	56.00	66.00	61.00	57.00	53.00	93.00	89.00	79.00	80.00	72.00	71.00	61.00	47.00	43.00	40.00	46.00
Current Liabilities	-15.1%	37.00	44.00	43.00	47.00	41.00	45.00	43.00	46.00	42.00	39.00	37.00	36.00	36.00	28.00	27.00	24.00	52.00	34.00	29.00	22.00	20.00
Shareholder's Equity	1.7%	437	429	413	398	382	362	347	329	309	296	283	270	259	249	240	231	222	215	209	203	189
Retained Earnings	2.8%	260	253	237	222	206	186	172	154	138	125	110	97.00	88.00	78.00	69.00	59.00	50.00	43.00	37.00	29.00	22.00
Additional Paid-In Capital	0.1%	181	181	181	181	181	180	180	180	176	176	175	175	175	175	175	175	175	175	175	175	168
Shares Outstanding	0.0%	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	236	-	-	-	108	-	-	-	133	-	-	-	102	-	-	-	68.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-478.5%	-8,252	2,180	-4,773	-2,691	-2,481	4,746	-2,899	-1,057	9,838	55,233	-3,304	-1,471	5,735	-2,325	-701	-4,547	-7,269	-265	-50.00	3,391	2,977
Share Based Compensation	-8.0%	183	199	195	192	192	431	306	4,007	67.00	55.00	64.00	44.00	49.00	44.00	36.00	97.00	108	100	188	234	-
Cashflow From Investing	80.7%	-2,213	-11,493	6,123	-2,186	-8,514	7,523	7,318	2,754	-9,547	-13,913	-2,355	-6,127	1,036	-3,340	-37.00	-377	-8,227	-4,686	-215	-1,985	845
Cashflow From Financing	28.1%	10,667	8,328	-3,052	5,292	2,545	-15,268	7,320	-211	-102	-41,276	4,060	9,238	-7,646	6,284	-1,955	6,917	15,356	4,393	-411	-907	-1,672
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	735	682	-	-	-	-	-

LEGH Income Statement

2023-12-31

STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Net revenue:
Product sales	$ 145,100	$ 222,052
Consumer, MHP and dealer loans interest	37,420	28,564
Other	6,624	6,399
Total net revenue	189,144	257,015
Operating expenses:
Cost of product sales	99,692	150,114
Selling, general and administrative expenses	24,279	27,568
Dealer incentive	586	1,315
Total operating expenses	124,557	178,997
Income from operations	64,587	78,018
Other income (expense):
Nonoperating interest income	3,019	2,942
Miscellaneous, net	2,060	1,563
Interest expense	(930)	(375)
Total other	4,149	4,130
Income before income tax expense	68,736	82,148
Income tax expense	(14,276)	(14,375)
Net income	$ 54,460	$ 67,773
Weighted average shares outstanding:
Basic (in shares)	24,385,190	24,357,785
Diluted (in shares)	25,070,626	24,742,419
Net income per share:
Basic (in dollars per share)	$ 2.23	$ 2.78
Diluted (in dollars per share)	$ 2.17	$ 2.74

LEGH Balance Sheet

2023-12-31

BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 748	$ 2,818
Held to maturity securities	0	8,412
Accounts receivable, net	4,656	4,873
Current portion of contracts - dealer financed	32,538	29,441
Current portion of consumer loans receivable	7,682	6,801
Current portion of notes receivable from mobile home parks ("MHP")	18,156	9,670
Current portion of other notes receivable	6,013	8,927
Inventories	33,176	32,075
Prepaid expenses and other current assets	4,915	4,064
Total current assets	107,884	107,081
Contracts - dealer financed		595
Consumer loans receivable, net	148,818	132,208
Notes receivable from mobile home parks ("MHP"), net	163,824	133,072
Other notes receivable, net	28,577	13,795
Inventories, net	7,793	6,987
Other assets - leased mobile homes	7,601	8,824
ROU assets - operating leases	1,794	2,663
Other assets	2,571	1,482
Property, plant and equipment, net	37,880	30,106
Total assets	506,742	436,813
Current liabilities:
Accounts payable	4,090	4,549
Accrued liabilities	18,504	16,895
Customer deposits	4,146	9,715
Escrow liability	10,104	9,653
Operating lease obligation	489	650
Total current liabilities	37,333	41,462
Longterm liabilities:
Operating lease obligation, less current portion	1,396	2,121
Lines of credit	23,680	2,545
Deferred income taxes, net	2,338	3,065
Dealer incentive liability	5,260	5,516
Total liabilities	70,007	54,709
Commitments and contingencies (Note 17)
Stockholders' equity:
Preferred stock, $.001 par value, 10,000,000 shares authorized: no shares issued or outstanding
Common stock, $.001 par value, 90,000,000 shares authorized; 24,843,494 and 24,814,695 issued and 24,398,429 and 24,369,630 outstanding at December 31, 2023 and 2022, respectively	30	30
Treasury stock at cost, 445,065 shares at December 31, 2023 and 2022, respectively	(4,477)	(4,477)
Additional paid-in-capital	181,424	180,555
Retained earnings	259,758	205,996
Total stockholders' equity	436,735	382,104
Total liabilities and stockholders' equity	$ 506,742	$ 436,813

About Legacy Housing Corp

Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. It also offers floor plan financing for independent retailers; consumer financing for its products; financing to manufactured housing community owners that buy its products for use in their rental housing communities; and a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. 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.

CEO	Mr. Robert Duncan Bates
WEBSITE	legacyhousingcorp.com
INDUSTRY	Home Improvement Retail
EMPLOYEES	870

Legacy Housing Corp Frequently Asked Questions

What is the ticker symbol for Legacy Housing Corp? What does LEGH stand for in stocks?

LEGH is the stock ticker symbol of Legacy Housing Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Legacy Housing Corp (LEGH)?

As of Thu Apr 25 2024, market cap of Legacy Housing Corp is 489.98 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LEGH stock?

You can check LEGH's fair value in chart for subscribers.

What is the fair value of LEGH stock?

You can check LEGH's fair value in chart for subscribers. The fair value of Legacy Housing Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Legacy Housing Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LEGH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Legacy Housing Corp a good stock to buy?

The fair value guage provides a quick view whether LEGH is over valued or under valued. Whether Legacy Housing Corp is cheap or expensive depends on the assumptions which impact Legacy Housing Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LEGH.

What is Legacy Housing Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, LEGH's PE ratio (Price to Earnings) is 9 and Price to Sales (PS) ratio is 2.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LEGH PE ratio will change depending on the future growth rate expectations of investors.