Legacy Housing Corp Expected to Post Q1 2019 Earnings of $0.22 Per Share (LEGH)
Legacy Housing Corp (NASDAQ:LEGH) – Investment analysts at B. Riley issued their Q1 2019 earnings per share estimates for Legacy Housing in a research report issued to clients and investors on Wednesday, April 10th. B. Riley analyst A. Rygiel forecasts that the company will post earnings per share of $0.22 for the quarter. B. Riley has a “Buy” rating and a $14.00 price objective on the stock. B. Riley also issued estimates for Legacy Housing’s Q4 2019 earnings at $0.25 EPS.
A number of other equities research analysts have also recently issued reports on the company. Zacks Investment Research cut Legacy Housing from a “hold” rating to a “sell” rating in a research note on Saturday. Oak Ridge Finl. restated a “buy” rating on shares of Legacy Housing in a research note on Tuesday, January 8th.
A number of hedge funds have recently bought and sold shares of the business. B. Riley Financial Inc. purchased a new position in Legacy Housing during the 4th quarter valued at about $8,767,000. Philadelphia Financial Management of San Francisco LLC purchased a new position in Legacy Housing during the 4th quarter valued at about $1,850,000. Perritt Capital Management Inc. purchased a new position in Legacy Housing during the 4th quarter valued at about $1,813,000. Victory Capital Management Inc. purchased a new position in Legacy Housing during the 4th quarter valued at about $1,750,000. Finally, Boston Partners purchased a new position in Legacy Housing during the 4th quarter valued at about $1,095,000. 14.11% of the stock is owned by institutional investors and hedge funds.
Legacy Housing Company Profile
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides services for the transport of mobile homes; offers wholesale financing services to dealers and mobile home parks; and provides retail financing services to consumers.
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