Legacy Housing (LEGH) AI Stock Analysis

• Market Cap: $574.76M
• Dividend Yield: N/A
• Average Volume (3M): 94.05K
• Price to Earnings (P/E): 10.7
• Beta (1Y): 0.78
• Revenue Growth: 8.79%
• EPS Growth: 2.30%
• Country: US
• Employees: 594
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Residential Construction
• EPS (TTM): 0.61
• Shares Outstanding: 23,868,727
• 10 Day Avg. Volume: 91,109
• 30 Day Avg. Volume: 94,046
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 3.02
• Enterprise Value/Gross Profit: 6.40
• Enterprise Value/Ebitda: 7.90
• 1Y Price Target: $29.00
• Price Target Upside: 20.43% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 70 Outperform
• Price Target: $27.00 ▲(12.13% Upside)

Legacy Housing's overall stock score reflects strong financial health and positive earnings call highlights, such as increased product sales and improved gross margins. However, technical indicators suggest a bearish trend, and the lack of a dividend yield may deter some investors. The balanced outlook from the earnings call, with both strengths and challenges, contributes to the moderate score.

Legacy Housing Business Overview & Revenue Model

Company Description

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 offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. It also provides floor plan financing for independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy its products for use in their rental housing communities. In addition, it involved in financing and developing new manufactured home communities; and retail financing to consumers. The company markets its homes under the Legacy brand through a network of 176 independent and 13 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.

How the Company Makes Money

Legacy Housing generates revenue primarily through the sale of manufactured and modular homes. The company has several key revenue streams, including direct sales to consumers and sales through independent retailers. Additionally, Legacy Housing benefits from financing programs that allow customers to purchase homes through loans, which can also yield interest income. The company has established partnerships with various financial institutions to facilitate these financing options. Furthermore, it generates ancillary revenue from service and warranty contracts, as well as from selling parts and accessories related to home maintenance. These diverse revenue streams contribute to the company's overall financial performance.

Legacy Housing Financial Statement Overview

Summary

Legacy Housing demonstrates strong financial health with robust profitability and low leverage. While revenue growth is moderate, the company maintains efficient operations and a solid balance sheet. Cash flow management shows improvement, but there is room for enhancing cash flow efficiency.

Income Statement

Legacy Housing shows a solid performance with a strong net profit margin of 30% in TTM, indicating efficient cost management. However, the gross profit margin has slightly declined from previous years, and revenue growth is modest at 4.34% in TTM. The EBIT and EBITDA margins remain robust, reflecting operational efficiency.

Balance Sheet

The company maintains an excellent debt-to-equity ratio of 0.0025 in TTM, showcasing low leverage and financial stability. The return on equity is healthy at 11.11%, though slightly lower than previous years. The equity ratio is strong, indicating a solid capital structure.

Cash Flow

Cash flow analysis reveals a positive free cash flow growth of 9.59% in TTM, but the operating cash flow to net income ratio is just above 1, suggesting limited cash flow efficiency. The free cash flow to net income ratio is healthy, indicating good cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	184.28M	184.19M	189.14M	257.01M	197.51M	176.72M
Gross Profit	86.88M	94.12M	89.45M	106.90M	83.46M	67.00M
EBITDA	70.39M	78.63M	71.39M	84.30M	63.10M	51.09M
Net Income	55.28M	61.64M	54.46M	67.77M	49.87M	37.99M
Balance Sheet
Total Assets	551.99M	534.19M	506.74M	436.81M	366.67M	338.62M
Cash, Cash Equivalents and Short-Term Investments	2.63M	1.15M	748.00K	11.23M	1.04M	768.00K
Total Debt	1.30M	1.40M	25.57M	5.32M	7.99M	36.17M
Total Liabilities	39.20M	40.24M	70.01M	54.71M	57.27M	79.42M
Stockholders Equity	512.78M	493.96M	436.74M	382.10M	309.39M	259.19M
Cash Flow
Free Cash Flow	22.46M	26.78M	-21.25M	-5.49M	54.34M	-4.88M
Operating Cash Flow	32.70M	35.99M	-13.54M	-1.69M	60.30M	-2.04M
Investing Cash Flow	-11.99M	-6.71M	-9.77M	9.08M	-31.94M	-2.72M
Financing Cash Flow	-18.13M	-28.88M	21.23M	-5.61M	-28.08M	3.60M

Legacy Housing Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 24.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LEGH, the sentiment is Negative. The current price of 24.08 is below the 20-day moving average (MA) of 24.08, below the 50-day MA of 26.14, and below the 200-day MA of 24.70, indicating a bearish trend. The MACD of -0.65 indicates Negative momentum. The RSI at 45.62 is Neutral, neither overbought nor oversold. The STOCH value of 87.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LEGH.

Legacy Housing Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LEGH	―	$574.76M	10.71	11.33%	―	8.79%	2.30%
CCS	―	$1.86B	9.22	8.37%	1.79%	-6.28%	-31.55%
HOV	―	$827.42M	6.49	20.08%	―	7.97%	-35.64%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LGIH	―	$1.06B	6.95	7.84%	―	-7.89%	-19.53%
BZH	―	$717.28M	10.94	5.65%	―	9.97%	-52.57%
UHG	―	$103.49M	28.57	9.58%	―	7.51%	-97.77%

Legacy Housing Corporate Events

Legacy Housing Announces Major Company Realignment

On October 10, 2025, Legacy Housing Corporation announced a significant company realignment, introducing the Legacy 250 initiative and refreshing its management structure. The initiative includes the launch of the Legacy Ultimate Series, featuring innovative home designs and energy-efficient systems, aimed at enhancing homeownership experiences. The realignment also involves a leadership transition, with interim executives appointed as the company seeks to align its operations with a focus on manufacturing excellence and innovation. This strategic move is intended to strengthen Legacy’s market position and maximize asset value, while ensuring quality and efficiency in production.

The most recent analyst rating on (LEGH) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Legacy Housing stock, see the LEGH Stock Forecast page.

Legacy Housing Appoints Interim CFO Ronald Arrington

On October 6, 2025, Jeffrey M. Fiedelman, the Chief Financial Officer of Legacy Housing, resigned for personal reasons, effective October 10, 2025. His departure was not due to any disagreements with the company’s financial operations or policies. Subsequently, on October 7, 2025, the company’s Board of Directors appointed Ronald C. Arrington as the Interim Chief Financial Officer. Arrington, who has extensive experience in financial management and has previously served as the company’s CFO, will assume the role until a successor is appointed.

The most recent analyst rating on (LEGH) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Legacy Housing stock, see the LEGH Stock Forecast page.

Legacy Housing CEO Resignation and Interim Appointment

On September 27, 2025, Robert Duncan Bates, the President and CEO of Legacy Housing, resigned effective October 10, 2025, citing personal reasons unrelated to company disagreements. Kenneth E. Shipley, the Co-founder and Executive Vice President, assumed the role of interim CEO on October 1, 2025, until a permanent replacement is found, with no additional compensation for his interim duties.

The most recent analyst rating on (LEGH) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Legacy Housing stock, see the LEGH Stock Forecast page.

Legacy Housing Corp’s Mixed Q2 2025 Earnings Call

During Legacy Housing Corp’s recent earnings call, the sentiment was mixed. While the company reported significant improvements in product sales and gross margins, challenges such as a decrease in net income, increased expenses, and slower community sales contributed to a more balanced overall outlook.

Legacy Housing Corp Reports Steady Revenue Growth

Legacy Housing Corporation is a Texas-based company specializing in the manufacturing and financing of mobile homes, catering to both individual consumers and mobile home parks. The company operates within the housing and financial services sector, offering unique financing solutions for its products.