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

23.73USD-0.09 (-0.38%)Delayed

Market Summary

USD23.73-0.09

Delayed

-0.38%

LEGH Alerts

Big fall in Revenue (Y/Y)

LEGH Stock Price

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LEGH RSI Chart

LEGH Valuation

Market Cap

577.0M

Price/Earnings (Trailing)

10.82

Price/Sales (Trailing)

3.21

EV/EBITDA

8.19

Price/Free Cashflow

-73.39

LEGH Price/Sales (Trailing)

LEGH Profitability

EBT Margin

37.62%

Return on Equity

11.84%

Return on Assets

10.46%

Free Cashflow Yield

-1.36%

LEGH Fundamentals

LEGH Revenue

Revenue (TTM)

179.5M

Rev. Growth (Yr)

-18.19%

Rev. Growth (Qtr)

28.26%

LEGH Earnings

Earnings (TTM)

53.3M

Earnings Growth (Yr)

-6.98%

Earnings Growth (Qtr)

113.96%

Breaking Down LEGH Revenue

Last 7 days

1.4%

Last 30 days

20.0%

Last 90 days

-5.3%

Trailing 12 Months

9.4%

How does LEGH drawdown profile look like?

LEGH Financial Health

Current Ratio

3.76

LEGH Investor Care

Buy Backs (1Y)

0.25%

Diluted EPS (TTM)

2.12

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	179.5M	0	0	0
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

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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
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-3.91	-51,705	235,450	-%
May 15, 2024	WELLINGTON MANAGEMENT GROUP LLP	sold off	-100	-1,151,040	-	-%
May 15, 2024	BARCLAYS PLC	reduced	-37.04	-187,000	216,000	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-1.47	-127,045	670,563	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	2.25	-252,299	1,726,610	0.04%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-19.91	-380,658	821,806	-%
May 15, 2024	PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	reduced	-1.82	-2,512,080	12,973,800	0.74%
May 15, 2024	PERRITT CAPITAL MANAGEMENT INC	reduced	-1.26	-339,483	1,815,940	0.98%
May 15, 2024	Polar Asset Management Partners Inc.	new	-	5,057,200	5,057,200	0.09%
May 15, 2024	Royal Bank of Canada	reduced	-64.07	-2,687,000	1,187,000	-%

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

Big fall in Revenue (Y/Y)

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
May 14, 2024	8-K	Current Report
May 09, 2024	10-Q	Quarterly Report
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

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	341.2B	152.7B	3.46%	16.66%	22.53	2.24	-3.01%	-11.47%
LOW	132.3B	86.4B	1.01%	10.52%	17.12	1.53	-11.01%	20.02%
DHI	49.9B	37.1B	3.98%	34.73%	10.05	1.35	10.12%	-4.19%
NVR	24.0B	9.7B	-0.05%	30.30%	14.63	2.48	-6.32%	-0.14%
FND	12.7B	4.4B	9.69%	30.59%	56.7	2.9	0.72%	-24.86%
MID-CAP
MHK	7.7B	11.0B	11.19%	22.24%	-18.54	0.7	-4.50%	-196.49%
IBP	6.0B	2.8B	-5.53%	84.92%	24.08	2.14	2.57%	4.80%
WHR	5.0B	19.3B	-12.01%	-31.63%	12.43	0.26	-0.81%	119.97%
CVCO	3.1B	1.9B	6.72%	27.83%	18.29	1.69	-14.77%	-30.65%
CCS	2.8B	3.9B	11.59%	28.62%	9.69	0.72	-8.36%	-30.22%
LEG	1.6B	4.6B	-30.17%	-63.36%	-10.2	0.35	-8.52%	-158.15%
SMALL-CAP
AMWD	1.5B	1.9B	5.06%	76.78%	12.72	0.81	-10.13%	53.07%
BZH	907.0M	2.1B	10.32%	32.24%	5.65	0.42	-8.40%	-19.84%
BSET	123.6M	369.0M	5.11%	0.21%	-21.28	0.33	-22.39%	-109.49%
CRWS	53.0M	86.7M	1.77%	-1.33%	11.24	0.61	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	28.3%	43,243	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
Costs and Expenses	-	26,493	-	-	-	34,503	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
S&GA Expenses	-18.6%	5,889	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
EBITDA Margin	3.8%	0.39*	0.38*	0.36*	0.34*	0.34*	0.33*	0.33*	0.32*	0.32*	0.32*	0.31*	0.30*	0.29*	-	-	-	-	-	-	-	-
Interest Expenses	-19.2%	276	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
Income Taxes	-23.2%	3,373	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
Earnings Before Taxes	61.4%	18,513	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
EBT Margin	3.5%	0.38*	0.36*	0.35*	0.33*	0.33*	0.32*	0.32*	0.31*	0.31*	0.31*	0.29*	0.29*	0.28*	-	-	-	-	-	-	-	-
Net Income	114.0%	15,140	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
Net Income Margin	3.2%	0.30*	0.29*	0.29*	0.28*	0.27*	0.26*	0.26*	0.26*	0.25*	0.25*	0.24*	0.23*	0.22*	-	-	-	-	-	-	-	-
Free Cashflow	187.2%	9,935	-11,393	-855	-5,549	-3,452	-3,013	2,984	-3,542	-1,920	8,529	52,920	-3,917	-3,188	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.6%	510	507	496	466	455	437	418	413	391	367	349	374	357	339	328	312	302	284	262	252	244
Current Assets	35.6%	146	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
Cash Equivalents	-17.0%	1.00	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
Inventory	3.2%	34.00	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
Net PPE	7.6%	41.00	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
Liabilities	-14.9%	60.00	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
Current Liabilities	4.2%	39.00	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
Shareholder's Equity	3.1%	450	437	429	413	398	382	362	347	329	309	296	283	270	259	249	240	231	222	215	209	203
Retained Earnings	5.8%	275	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
Additional Paid-In Capital	0.2%	182	181	181	181	181	181	180	180	180	176	176	175	175	175	175	175	175	175	175	175	175
Shares Outstanding	-0.3%	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	231.0%	10,806	-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
Share Based Compensation	40.4%	257	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	223.0%	2,721	-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
Cashflow From Financing	-228.0%	-13,654	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
Buy Backs	-	1,871	-	-	-	-	-	-	-	-	-	-	-	-	-	-	735	682	-	-	-	-

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LEGH Income Statement

2024-03-31

CONDENSED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
CONDENSED STATEMENTS OF INCOME - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Net revenue:
Product sales	$ 30,833	$ 43,318
Consumer, MHP and dealer loans interest	10,633	7,705
Other	1,777	1,834
Total net revenue	43,243	52,857
Operating expenses:
Cost of product sales	20,466	28,960
Selling, general and administrative expenses	5,889	5,412
Dealer incentive	138	131
Total operating expenses	26,493	34,503
Income from operations	16,750	18,354
Other income (expense):
Nonoperating interest income	1,302	695
Miscellaneous, net	737	753
Interest expense	(276)	(91)
Total other income	1,763	1,357
Income before income tax expense	18,513	19,711
Income tax expense	(3,373)	(3,435)
Net income	$ 15,140	$ 16,276
Weighted average shares outstanding:
Basic (in shares)	24,393,003	24,374,677
Diluted (in shares)	25,125,016	25,177,502
Net income per share:
Basic (in dollars per share)	$ 0.62	$ 0.67
Diluted (in dollars per share)	$ 0.60	$ 0.65

LEGH Balance Sheet

2024-03-31

CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 621	$ 748
Accounts receivable, net	4,314	4,656
Current portion of contracts - dealer financed	34,041	32,538
Current portion of consumer loans receivable	7,903	7,682
Current portion of notes receivable from mobile home parks ("MHP")	45,178	18,156
Current portion of other notes receivable	14,669	6,013
Inventories	34,250	33,176
Prepaid expenses and other current assets	5,310	4,915
Total current assets	146,286	107,884
Consumer loans receivable, net	151,282	148,818
Notes receivable from mobile home parks ("MHP"), net	137,384	163,824
Other notes receivable, net	15,526	28,577
Inventories, net	8,727	7,793
Other assets - leased mobile homes	5,049	7,601
ROU assets - operating leases	1,661	1,794
Other assets	3,296	2,571
Property, plant and equipment, net	40,760	37,880
Total assets	509,971	506,742
Current liabilities:
Accounts payable	3,604	4,090
Accrued liabilities	19,761	18,504
Customer deposits	4,109	4,146
Escrow liability	10,953	10,104
Operating lease obligation	474	489
Total current liabilities	38,901	37,333
Longterm liabilities:
Operating lease obligation, less current portion	1,274	1,396
Lines of credit	11,797	23,680
Deferred income taxes, net	2,338	2,338
Dealer incentive liability	5,300	5,260
Total liabilities	59,610	70,007
Commitments and contingencies (Note 15)
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; 24,852,740 and 24,843,494 issued and 24,316,488 and 24,398,429 outstanding at March 31, 2024 and December 31, 2023, respectively	31	30
Treasury stock at cost, 536,252 and 445,065 shares at March 31, 2024 and December 31, 2023, respectively	(6,348)	(4,477)
Additional paid-in-capital	181,780	181,424
Retained earnings	274,898	259,758
Total stockholders' equity	450,361	436,735
Total liabilities and stockholders' equity	$ 509,971	$ 506,742

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 Fri May 17 2024, market cap of Legacy Housing Corp is 577.03 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 Fri May 17 2024, LEGH's PE ratio (Price to Earnings) is 10.82 and Price to Sales (PS) ratio is 3.21. 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.