Legacy Housing Corporation (LEGH) Stock Price & Analysis
Legacy Housing Corporation (LEGH) closed at USD 28.4 on Wednesday, October 28, 2026, down 0.49% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 28.54; the Oct 28, 2026 session ranged USD 27.9–28.59 on volume of 71,490 shares. Market capitalization is $675.44M, with a 52-week range of USD 18.29–31.34 (NMS). Source: Nexqual, retrieved October 29, 2026 at 06:41 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LEGH.md
Key facts (LEGH)
- Last four reported quarters (through Jun 30, 2026): revenue $179M, net income $51.2M (28.6% margin), free cash flow $38.6M (SEC filings).
- Valuation: P/E 13.2x (avg 10.9x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold LEGH (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Hold (mean 3.00 on a 1–5 scale) (1 analysts), mean target USD 24 (range 24–24).
- Total return with dividends: 1Y +27.9% vs S&P 500 +13.6%; 5Y +60.0% vs S&P 500 +79.8%.
- Next earnings: 2026-11-06, EPS estimate USD —, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LEGH)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $198M | $257M | $189M | $184M | $165M | $179M |
| Gross profit | $83.5M | $107M | $89.5M | $94.1M | $79.7M | — |
| Operating income | $58.9M | $78.0M | $64.6M | $63.6M | $48.4M | $58.8M |
| Net income | $49.9M | $67.8M | $54.5M | $61.6M | $41.8M | $51.2M |
| EPS (diluted) | $2.05 | $2.74 | $2.17 | $2.48 | $1.74 | — |
| Free cash flow | $54.3M | -$5.5M | -$21.2M | $26.8M | $28.2M | $38.6M |
| Gross margin | 42.3% | 41.6% | 47.3% | 51.1% | 48.5% | — |
| Operating margin | 29.8% | 30.4% | 34.1% | 34.5% | 29.4% | 32.8% |
| Net margin | 25.3% | 26.4% | 28.8% | 33.5% | 25.4% | 28.6% |
| Revenue growth | +11.8% | +30.1% | -26.4% | -2.6% | -10.7% | — |
| Cash + short-term investments | $1.0M | $2.8M | $748K | $1.1M | $8.5M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LEGH)
P/E 13.2x · P/S 3.8x · P/FCF 17.5x · P/B 1.2x · FCF yield 5.71% · Earnings yield 7.59% · Buyback yield (TTM) 0.26%
P/E at fiscal year-ends: Dec 2025 11.2x, Dec 2024 10.0x, Dec 2023 11.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (LEGH)
1 of 80 tracked investors hold LEGH. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Yacktman Asset Management | 0.24% | $19.8M | Added +6.8% |
Analysts (LEGH)
Consensus Hold (mean 3.00 on a 1–5 scale), 1 analysts; mean target USD 24 (low 24, high 24).
Total return (dividends reinvested) (LEGH)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +27.9% | +60.0% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +28.0% | +9.8% |
| Volatility (annualized) | 33.3% | 38.5% |
| Max drawdown | -20.3% (Nov 2025→Mar 2026) | -53.5% (Feb 2022→Jul 2022) |
LEGH earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| May 8, 2026 | Quarter ended Mar 31, 2026 | $0.46 | $0.45 | Beat +2.2% | +4.5% |
| Nov 7, 2025 | Quarter ended Sep 30, 2025 | $0.35 | $0.58 | Miss −39.7% | -7.7% |
| Nov 14, 2024 | — | — | — | — | -1.3% |
| Aug 13, 2024 | — | — | — | — | +1.8% |
| May 14, 2024 | — | — | — | — | +4.9% |
| Aug 11, 2023 | — | — | — | — | -3.0% |
| May 11, 2023 | — | — | — | — | -2.2% |
| Mar 20, 2023 | — | — | — | — | +0.2% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
LEGH recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Sep 18, 2026 | DEF 14A | Proxy statement (pay, board, votes) · period ended Oct 28, 2026 |
| Aug 18, 2026 | 8-K | Director or executive officer change, or pay arrangement “On August 13, 2026, the Board of Directors of the Company appointed Kenneth E. Shipley, age 67, as Chairman of the Board and Chief Executive Officer of the Company, effective August 13, 2026. Mr. Shipley co-founded the Company in 2005 and has been a member of the Board of Directors since January 2018. He served as the Company's Co-Chief Executive Officer from January 2018 to February 2019, as President and sole Chief Executive Officer from February 2019 to June 2022, as Chairman of the Board of Directors and…” |
| Aug 14, 2026 | 8-K | Other material event “2026 Annual Meeting of Stockholders On August 13, 2026, the Board of Directors (the "Board") of Legacy Housing Corporation (the "Company") established Wednesday, October 28, 2026 as the date of the Company's 2026 Annual Meeting of Stockholders (the "2026 Annual Meeting"). The 2026 Annual Meeting will be held at 11:00 a.m. Central Time solely by means of remote communication in a virtual meeting format, and not at any physical location. The Board also established the close of business on September 14, 2026 as the…” |
| Aug 5, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Jul 22, 2026 | 8-K | Director or executive officer change, or pay arrangement “On July 17, 2026, Curtis D. Hodgson notified the Board of Directors (the "Board") of Legacy Housing Corporation (the "Company") of his decision to retire, effective July 21, 2026, from his positions as Executive Chairman of the Company and as a member of the Board. Mr. Hodgson did not serve on any committees of the Board. A copy of Mr. Hodgson's letter to the Board, dated July 17, 2026, is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
LEGH revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Workforce Housing Sales | $25.5M | 47.5% | +2304.3% |
| Commercial Sales | $13.2M | 24.5% | +12.5% |
| Retail Store Sales | $6.8M | 12.6% | -7.3% |
| Inventory Finance Sales | $3.6M | 6.7% | -73.6% |
| Product & Service Other | $3.4M | 6.3% | +39.1% |
| Direct Sales | $1.3M | 2.5% | -40.0% |
| Total revenue | $53.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
LEGH customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 41.6% of revenue, per the company's 10-Q filed Aug 5, 2026. The company does not name it.
LEGH analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter (ends Dec 2026) | — | — | — | $0 | — |
| Current fiscal year (ends Dec 2026) | $2.64 | $2.07 | +27.5% | $0 | 1 |
| Next fiscal year (ends Dec 2027) | $2.23 | $0.00 | +$2.23 | $0 | 1 |
LEGH options: expected move
Options price a move of about ±18.3% (±$5.20) by Jan 15, 2027, which includes earnings on Nov 6, 2026. Over the last 8 reports the stock moved ±3.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Jan 15, 2027 | 79 | 50.3% | ±18.3% |
| Apr 16, 2027 | 170 | 42.9% | ±23.0% |
30-day implied volatility 52.1% vs 24.3% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 06:41 UTC)
| Price | USD 28.4 |
|---|---|
| Change | ▼ 0.49% (down) |
| Previous Close | USD 28.54 |
| Open | USD 28.48 |
| Day Range | USD 27.9 – 28.59 |
| 52-Week Range | USD 18.29 – 31.34 |
| Volume | 71,490 shares |
| Market Cap | $675.44M |
| Exchange | NMS |
Technical Analysis (LEGH)
Nexqual's technical model rates LEGH "BUY" based on 4 bullish and 2 bearish signals across 127 daily candles, as of October 29, 2026 at 06:41 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 55.84 (neutral) |
| vs SMA50 | Above (USD 28.15) |
| MACD | -0.02 (negative) |
Analyst Ratings (LEGH)
Wall Street analysts rate LEGH "Hold" based on 1 analysts, with a mean price target of USD 24 (range USD 24–24), per Nexqual as of October 29, 2026 at 06:41 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 1 |
| Mean Target | USD 24 |
| High Target | USD 24 |
| Low Target | USD 24 |
| Buy / Hold / Sell | 0 / 1 / 0 |
Earnings (LEGH)
| Next Earnings Date | 2026-11-06 |
|---|
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.99 vs est 0.75 ▲ beat |
| 2026-03-31 | USD 0.46 vs est 0.45 ▲ beat |
| 2025-12-31 | USD 0.37 vs est 0.49 ▼ miss |
| 2025-09-30 | USD 0.35 vs est 0.58 ▼ miss |
Source: Nexqual, October 29, 2026 at 06:41 UTC.
Financials & Fundamentals (LEGH)
| Total Revenue | $179.45M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +32.30% |
| Gross Margin | +49.16% |
| Operating Margin | +39.88% |
| Profit Margin | +28.56% |
| ROE | +9.53% |
| Debt / Equity | 0 |
| Current Ratio | 3.56 |
| Total Cash | $28.96M |
| Total Debt | $1.11M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $38.58M (21.5% of revenue) |
Source: Nexqual, October 29, 2026 at 06:41 UTC.
Financial Health Score (LEGH)
Nexqual rates Legacy Housing Corporation's overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 06:41 UTC.
| Growth | Critical — Revenue -11% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 50%, operating 33% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $29M cash vs $1M debt, net cash position |
| Cash Flow | Strong — FCF $39M (last 4 quarters to Jun 2026, SEC), 21% margin |
| Efficiency | Mixed — ROE 9%, ROA 8.3% (last 4 quarters, SEC) |
Ownership (LEGH)
| Insider Ownership | +63.57% |
|---|---|
| Institutional Ownership | +41.80% |
| Shares Outstanding | 23.78M |
| Float | 10.82M |
| Short % of Float | +4.94% |
Source: Nexqual, October 29, 2026 at 06:41 UTC.
Leadership (LEGH)
Legacy Housing Corporation is led by Kenneth E. Shipley, Founder, CEO & Chairman, per Nexqual as of October 29, 2026 at 06:41 UTC.
| Founder, CEO & Chairman | Kenneth E. Shipley |
|---|---|
| Chief Financial Officer | Jon A. Langbert |
| Director of HR & Regulatory Compliance | Mary Saenz |
| Director of Corporate Development | Larry G. Badgley |
| Chief Marketing Officer | Charles E. Mack |
Major Backers & Investors (LEGH)
Notable institutional backers of Legacy Housing Corporation include Advisory Research, Inc., Yacktman Asset Management Lp, Voss Capital, LP, according to Nexqual as of October 29, 2026 at 06:41 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Advisory Research, Inc. | 3.87% |
| Yacktman Asset Management Lp | 3.17% |
| Voss Capital, LP | 2.51% |
| AMG Funds-AMG Yacktman Focused Fund | 2.11% |
| Ameriprise Financial, Inc. | 2.06% |
| Philadelphia Financial Management Of San Francisco, Llc | 1.91% |
| GW&K Investment Management, LLC | 1.86% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 1.83% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Dimensional Fund Advisors | 4.25% |
| BlackRock | 2.68% |
Source: Nexqual, October 29, 2026 at 06:41 UTC.
From Legacy Housing Corporation's Latest SEC 10-K Filing (filed 2026-03-12)
Key Strengths & Strategy (as disclosed to the SEC)
- The aggregate purchase price consisted of $19.9 million, for substantially all of the assets of AmeriCasa Solutions, LLC, the assumption of certain liabilities totaling approximately $1.3 million, and the extinguishment of approximately $500,000 in dealer liability.
- We believe our company is one of the most vertically integrated in the manufactured housing industry, allowing us to offer a complete solution to our customers.
- We rely on a combination of copyright and trade secret laws in the United States and other jurisdictions, as well as confidentiality procedures and contractual provisions, to protect our proprietary information, technology and brands.
- We completed our initial public offering in December 2018 and our common stock trades on The Nasdaq Global Select Market under the symbol "LEGH." We are one of the largest producers of manufactured homes in the United States.
Partnerships
- Under these arrangements, once a customer executes a home purchase agreement with Legacy financing, we pay to the retailer a majority of the retailer's gross margin, and we retain the remainder.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BXBL | BOXABL, Inc. | USD 2.59 | ▼ 4.78% |
| HOV | Hovnanian Enterprises, Inc. | USD 101.54 | ▼ 0.45% |
| DFH | Dream Finders Homes, Inc. | USD 9.72 | ▼ 5.36% |
| LGIH | LGI Homes, Inc. | USD 41.61 | ▼ 2.71% |
| GRBK | Green Brick Partners, Inc. | USD 62.92 | ▼ 1.81% |
| KBH | KB Home | USD 46.17 | ▼ 1.28% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 06:41 UTC. This page is informational and not investment advice.
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