FY2025 EPS Estimates for Legacy Housing Reduced by B. Riley

Legacy Housing Corporation (NASDAQ:LEGH) – B. Riley reduced their FY2025 earnings per share (EPS) estimates for shares of Legacy Housing in a note issued to investors on Tuesday, November 11th. B. Riley analyst R. Seth now anticipates that the company will post earnings of $1.82 per share for the year, down from their previous forecast of $2.25. B. Riley currently has a “Neutral” rating and a $21.00 target price on the stock. B. Riley also issued estimates for Legacy Housing’s Q4 2025 earnings at $0.45 EPS and FY2026 earnings at $1.98 EPS.

Legacy Housing (NASDAQ:LEGH) last issued its quarterly earnings data on Friday, November 7th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.22). The company had revenue of $40.48 million for the quarter, compared to the consensus estimate of $45.53 million. Legacy Housing had a return on equity of 9.47% and a net margin of 26.66%.

LEGH has been the subject of several other reports. CJS Securities cut Legacy Housing from a “market outperform” rating to a “market perform” rating in a report on Tuesday. Weiss Ratings downgraded shares of Legacy Housing from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $21.00.

Legacy Housing Stock Performance

Shares of LEGH opened at $20.02 on Friday. The business’s fifty day moving average price is $24.60 and its two-hundred day moving average price is $24.16. The firm has a market capitalization of $477.88 million, a price-to-earnings ratio of 10.27 and a beta of 0.80. Legacy Housing has a 52 week low of $19.69 and a 52 week high of $29.45.

Institutional Investors Weigh In On Legacy Housing

Several institutional investors have recently bought and sold shares of the company. Voss Capital LP raised its holdings in shares of Legacy Housing by 23.4% in the second quarter. Voss Capital LP now owns 1,050,000 shares of the company’s stock valued at $23,793,000 after purchasing an additional 198,789 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Legacy Housing by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 864,834 shares of the company’s stock valued at $23,791,000 after buying an additional 20,350 shares during the last quarter. GW&K Investment Management LLC increased its stake in Legacy Housing by 2.0% in the 1st quarter. GW&K Investment Management LLC now owns 686,414 shares of the company’s stock valued at $17,311,000 after buying an additional 13,720 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Legacy Housing by 93.7% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 247,770 shares of the company’s stock worth $6,249,000 after buying an additional 119,870 shares in the last quarter. Finally, Robotti Robert boosted its stake in shares of Legacy Housing by 0.7% during the 2nd quarter. Robotti Robert now owns 222,867 shares of the company’s stock worth $5,050,000 after buying an additional 1,563 shares during the last quarter. Institutional investors own 89.35% 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.