LEGH logo LEGH
Upturn stock rating
LEGH logo

Legacy Housing Corp (LEGH)

Upturn stock rating
$22.19
Last Close (24-hour delay)
upturn advisory
PASS
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Upturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

11/03/2025: LEGH (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $30.67

1 Year Target Price $30.67

Analysts Price Target For last 52 week
$30.67 Target price
52w Low $20.85
Current$22.19
52w High $29.45

Analysis of Past Performance

Type Stock
Historic Profit -32.09%
Avg. Invested days 32
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 11/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 535.97M USD
Price to earnings Ratio 10.07
1Y Target Price 30.67
Price to earnings Ratio 10.07
1Y Target Price 30.67
Volume (30-day avg) 3
Beta 0.81
52 Weeks Range 20.85 - 29.45
Updated Date 11/2/2025
52 Weeks Range 20.85 - 29.45
Updated Date 11/2/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.23

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When -
Estimate 0.5825
Actual -

Profitability

Profit Margin 30%
Operating Margin (TTM) 33.53%

Management Effectiveness

Return on Assets (TTM) 6.94%
Return on Equity (TTM) 11.33%

Valuation

Trailing PE 10.07
Forward PE -
Enterprise Value 647897374
Price to Sales(TTM) 2.91
Enterprise Value 647897374
Price to Sales(TTM) 2.91
Enterprise Value to Revenue 3.52
Enterprise Value to EBITDA 9.21
Shares Outstanding 23868727
Shares Floating 10825900
Shares Outstanding 23868727
Shares Floating 10825900
Percent Insiders 65.39
Percent Institutions 40.96

ai summary icon Upturn AI SWOT

Legacy Housing Corp

stock logo

Company Overview

overview logo History and Background

Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas. It is a vertically integrated manufactured housing company involved in the design, construction, distribution, and financing of manufactured homes and tiny houses. Legacy has grown through organic expansion and strategic acquisitions.

business area logo Core Business Areas

  • Manufacturing and Sales: Designs, manufactures, and sells manufactured homes and tiny houses directly to consumers and through a network of independent retailers.
  • Wholesale Lending: Provides financing to independent retailers to purchase Legacy homes for resale.
  • Consumer Lending: Offers financing options to consumers purchasing Legacy homes, securing these loans with the homes themselves.

leadership logo Leadership and Structure

Curtis D. Hodgson serves as the Chairman and CEO. Duncan J. Gage is the President. The company operates with a relatively lean management structure.

Top Products and Market Share

overview logo Key Offerings

  • Manufactured Homes: Single-section and multi-section manufactured homes designed for affordable housing. Market share is estimated at approximately 4% nationally based on production volumes. Competitors include Cavco Industries, Skyline Champion, and Clayton Homes.
  • Tiny Houses: Smaller, more mobile housing units designed for niche markets and alternative living. Market share information is not readily available, but it is a growth area. Competitors include several smaller custom tiny house builders.
  • Wholesale and Consumer Financing: Provides loans for Legacy Housing products. It is a niche service within the larger housing finance market. Competitors are traditional banks, credit unions, and other specialized lenders.

Market Dynamics

industry overview logo Industry Overview

The manufactured housing industry is experiencing growth due to increasing demand for affordable housing, particularly in rural areas. Rising material costs and labor shortages pose challenges. Regulations vary significantly by state, impacting production and sales.

Positioning

Legacy Housing is positioned as a value-oriented provider of affordable housing. Its vertically integrated model provides competitive advantages in terms of cost control and distribution. They focus primarily on serving customers underserved by larger players, especially those requiring smaller loans.

Total Addressable Market (TAM)

The US manufactured housing market is estimated at $10-15 billion annually. Legacy's current market share places them in a position to grow but also makes them vulnerable to the bigger competitors in the space.

Upturn SWOT Analysis

Strengths

  • Vertically integrated operations
  • Strong focus on affordable housing
  • In-house financing capabilities
  • Growing sales network
  • High insider ownership

Weaknesses

  • Smaller scale compared to major competitors
  • Dependence on manufactured housing market cycles
  • Limited brand recognition outside core markets
  • Higher risk in lending segment
  • Geographic concentration

Opportunities

  • Expanding into new geographic markets
  • Increasing demand for affordable housing
  • Strategic acquisitions of smaller competitors
  • Developing innovative housing designs
  • Growth in the tiny house market

Threats

  • Rising interest rates
  • Economic downturn affecting housing demand
  • Increased competition from larger players
  • Changes in government regulations
  • Fluctuations in material costs

Competitors and Market Share

competitor logo Key Competitors

  • CVCO
  • SKY
  • BRK.A

Competitive Landscape

Legacy is a smaller player compared to Cavco and Skyline Champion. However, Legacy has a focused approach to the value end of the market and has been growing faster than those companies.

Major Acquisitions

Crane Materials International (CMI)

  • Year: 2023
  • Acquisition Price (USD millions): 28
  • Strategic Rationale: CMI provides siding materials that improve Legacy Housing's vertically integrated structure.

Growth Trajectory and Initiatives

Historical Growth: Legacy Housing has demonstrated consistent revenue growth in recent years, driven by increased sales volume and strategic acquisitions.

Future Projections: Future growth is expected to continue, driven by demand for affordable housing. Analyst estimates suggest continued revenue growth and profitability. This depends heavily on macroeconomic factors, specifically interest rates.

Recent Initiatives: Recent initiatives include expanding the sales network, introducing new housing models, and increasing production capacity.

Summary

Legacy Housing is a growing manufactured housing company focused on affordable housing. Its vertically integrated model and in-house financing provide competitive advantages. The company faces challenges from larger competitors and fluctuating macroeconomic conditions. Growth through strategic acquisitions can create more stability moving forward.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Financial data may be subject to change. Market share data is estimated.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Legacy Housing Corp

Exchange NASDAQ
Headquaters Bedford, TX, United States
IPO Launch date 2018-12-14
Founder, Interim CEO, Chairman & EVP Mr. Kenneth E. Shipley
Sector Consumer Cyclical
Industry Residential Construction
Full time employees 594
Full time employees 594

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. The company 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. It also offers inventory financing for its independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy or lease its products for use in their rental housing communities. The company is involved in financing and developing new manufactured home communities. It markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. The company was founded in 2005 and is headquartered in Bedford, Texas.