Legacy Housing Corp

Legacy Housing Corp. engages in the selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing. The company was founded by Curtis Drew Hodgson and Kenny E. Shipley in May 2005 and is headquartered in Dallas, TX.

Earnings data Q1 2024

LEGH reports Q1 2023 net income increase despite revenue decline

LEGH faced a decline in product revenue but saw growth in interest income and other revenue streams. The company's financial performance remained solid, with a healthy balance sheet and increased net income. Analyst inquiries highlighted areas of concern, while management emphasized gratitude to customers and discussed potential growth opportunities.

Legacy reports Q2 revenue decline, explores growth opportunities

Legacy faced a decline in product revenue and net income in Q2 2023, amidst a challenging housing market. However, the company saw growth in loan portfolios and interest income, while maintaining a strong return on equity. With a focus on strategic projects and inorganic growth opportunities, Legacy aims to navigate market challenges and drive future growth.

Legacy Housing Corporation reports Q3 resilience amidst industry challenges

Legacy Housing Corporation faced challenges in Q3 2023 due to industry-wide volume declines and lower net revenue per unit. However, the company demonstrated resilience with an increase in net income and record loan closures in its consumer finance business. The company is focused on strategic initiatives to drive growth and navigate industry challenges.

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Legacy Housing Corp. engages in selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing. The company was founded by Curtis Drew Hodgson and Kenny E. Shipley in May 2005 and is headquartered in Bedford, TX.

The business is very stable. Sales through its own stores will offer better margins and growth sustainability.

Legacy Housing Corporation: Don't Ignore This Mobile Home Gem

Legacy Housing (LEGH) delivered earnings and revenue surprises of 15.91% and 1.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Legacy Housing (LEGH) Surpasses Q2 Earnings and Revenue Estimates

BEDFORD, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the Second quarter ended June 30, 2021.

Legacy Housing Corporation Reports Second Quarter 2021 Financial Results

Legacy Housing (LEGH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Legacy Housing (LEGH) Earnings Expected to Grow: Should You Buy?

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Legacy Housing (LEGH) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Legacy Housing (LEGH) is Oversold: Can It Recover?

Legacy Housing (LEGH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Legacy Housing (LEGH) Gain on Rising Earnings Estimates?

BEDFORD, Texas, May 10, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the first quarter ended March 31, 2021.

Legacy Housing Corporation Reports First Quarter 2021 Financial Results

Manufactured housing is a good business. LEGH is an efficient builder with geographical focus.

Legacy Housing Corporation Could Be A Legendary Company

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As of late, it has definitely been a great time to be an investor in Legacy Housing Corporation (LEGH).

Legacy Housing's (LEGH) Shares March Higher, Can It Continue?

Legacy Housing (LEGH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Legacy Housing (LEGH) Hits 52-Week High, Can the Run Continue?

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The combination of a shortage of housing and increasing demand for housing is a powerful tailwind. While this tailwind helps both homebuilders and MH, strategic factors suggest MH will get more sustaining benefit.

Sell Homebuilders And Buy Manufactured Housing

BEDFORD, Texas, March 16, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the fourth quarter ended December 31, 2020.

Legacy Housing Corporation Reports Fourth Quarter 2020 Financial Results

Legacy Housing is an underappreciated operator in a niche industry that is in a prime position to cash in on strong secular tailwinds that will keep demand for affordable housing high. Scrappy founder-led management team has an excellent track record of capital allocation and compounding book value in the high-teens.

Legacy Housing: Underappreciated Value

Legacy Housing (LEGH) delivered earnings and revenue surprises of 29.63% and 3.51%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Legacy Housing (LEGH) Tops Q3 Earnings and Revenue Estimates

BEDFORD, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2020.

Legacy Housing Corporation Reports 2020 Third Quarter Results

BEDFORD, Texas, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) announces restated financial results for the second quarter ended June 30, 2020.  On November 6, 2020, Legacy Housing Corporation (the “Company”) filed an amended Quarterly Report on Form 10-Q/A restating its second quarter interim financial statements for fiscal year 2020. As a result of the restatement, investors should no longer rely upon the Company's previously issued financial statements for the period set forth above, earnings releases for this period, and other communications relating to these financial statements.

Legacy Housing Corporation Reports Amended 2020 Second Quarter Results

Legacy Housing pursuing a unique business strategy, which is masking its true value. Home sales remained high throughout the pandemic, while payment deferrals on its loans remained low.

Legacy Housing: Building A Legacy In Housing

Legacy Housing (LEGH) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Legacy Housing (LEGH) Jumps: Stock Rises 7%

As of late, it has definitely been a great time to be an investor in Legacy Housing.

Legacy Housing's Shares March Higher, Can It Continue?

BEDFORD, Texas, Aug.  13, 2020  (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the second quarter ended June 30, 2020.

Legacy Housing Corporation Reports 2020 Second Quarter Results

Legacy Housing Corporation is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Legacy Housing

Analysts Estimate Legacy Housing (LEGH) to Report a Decline in Earnings: What to Look Out for

As of late, it has definitely been a great time to be an investor of Legacy Housing

News for Legacy Housing Corp Stock (LEGH)