Legacy Housing (LEGH) Projected to Post Quarterly Earnings on Friday

Legacy Housing (NASDAQ:LEGH) is expected to be announcing its earnings results after the market closes on Friday, March 21st. Analysts expect the company to announce earnings of $0.58 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Legacy Housing (NASDAQ:LEGH) last announced its quarterly earnings results on Wednesday, March 12th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.07. The firm had revenue of $54.19 million for the quarter, compared to analysts’ expectations of $44.59 million. Legacy Housing had a net margin of 33.11% and a return on equity of 11.85%.

Legacy Housing Stock Up 0.7 %

Shares of LEGH stock opened at $25.93 on Wednesday. The stock has a market cap of $626.42 million, a price-to-earnings ratio of 11.95 and a beta of 1.16. Legacy Housing has a fifty-two week low of $19.42 and a fifty-two week high of $29.31. The firm’s 50 day moving average price is $25.48 and its two-hundred day moving average price is $25.84.

Insider Buying and Selling at Legacy Housing

In other news, Director Curtis Drew Hodgson sold 17,300 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $24.49, for a total transaction of $423,677.00. Following the transaction, the director now directly owns 422,022 shares of the company’s stock, valued at approximately $10,335,318.78. The trade was a 3.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 36,952 shares of company stock valued at $896,529 over the last ninety days. Corporate insiders own 30.60% of the company’s stock.

Legacy Housing Company Profile

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.