Zacks Investment Research·Jul 1, 2026
New Strong Buy Stocks for July 1stLIEN, DK, ALH, CVE and LEGH have been added to the Zacks Rank #1 (Strong Buy) List on July 1, 2026.
Legacy Housing Corporation(LEGH)Earnings, Financials & Key Ratios
LEGH•NASDAQ
$25.93
14.9× P/E·Price updated Jul 7, 2026
AboutLegacy 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.Show more
- Revenue$165M-10.7%
- EBITDA$50M-23.3%
- Net Income$42M-32.2%
- EPS (Diluted)1.74-29.8%
- Gross Margin47.41%-7.2%
- EBITDA Margin30.54%-14.1%
- Operating Margin29.41%-14.8%
- Net Margin25.41%-24.1%
- ROE8.18%-38.3%
LEGH Price & Volume
Legacy Housing Corporation (LEGH) stock price & volume — 10-year historical chart
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Captive Financing Drives High Margin Resilience
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Captive Loan Portfolio Concentration
Key Thesis Takeaways
- Legacy Housing Corporation leverages a unique, vertically integrated model where high-margin interest income from its captive financing arm buffers the inherent cyclicality of manufactured housing production.
- While the company maintains a fortress balance sheet with a 0.00 debt-to-equity ratio, investors should monitor the potential for credit deterioration within its loan portfolio, which could impair future earnings quality.
- The firm's ability to sustain its 31.8% net margin depends heavily on managing these credit risks while navigating volatile revenue cycles that saw a 3.7% year-over-year decline in 2026Q1.
Verdict Logic
while the company boasts a strong 36.1% operating margin, the 0.64 cash conversion ratio and lack of transparency regarding loan portfolio credit quality warrant a cautious approach.
LEGH Growth Metrics
Legacy Housing Corporation (LEGH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-1.42%
3 Years-13.81%
TTM-7.56%
Profit CAGR
10 Years-
5 Years1.93%
3 Years-14.87%
TTM-25.22%
EPS CAGR
10 Years-
5 Years2.08%
3 Years-14.05%
TTM-23.91%
Return on Capital
10 Years15.61%
5 Years15.55%
3 Years12.46%
Last Year9.35%
LEGH Recent Earnings
Legacy Housing Corporation (LEGH) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.46+9.5%
$0.42
Rev
$34M-11.4%
$39M
Q2 2026
Mar 12, 2026Metric
Actual
Est
EPS
$0.37-17.8%
$0.45
Rev
$38M-13.0%
$44M
Q4 2025
Nov 7, 2025Metric
Actual
Est
EPS
$0.35-38.6%
$0.57
Rev
$40M-9.2%
$45M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.60+9.1%
$0.55
Rev
$50M+10.2%
$46M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.46vs $0.42+9.5% | $34Mvs $39M-11.4% |
| Q2 2026 | Mar 12, 2026 | $0.37vs $0.45-17.8% | $38Mvs $44M-13.0% |
| Q4 2025 | Nov 7, 2025 | $0.35vs $0.57-38.6% | $40Mvs $45M-9.2% |
| Q3 2025 | Aug 7, 2025 | $0.60vs $0.55+9.1% | $50Mvs $46M+10.2% |
Based on last 12 quarters of dataView full earnings history →
Latest LEGH News
Recent stock market news and headlines for Legacy Housing Corporation (LEGH)
Seeking Alpha·Jun 18, 2026
Legacy Housing Continues To Stand Out, Cheap Enough To BuyLegacy Housing Corporation remains a soft "Buy" as its affordable homes gain appeal amid persistent housing affordability gaps. LEGH's Q1 2026 saw revenue dip to $34.4 million, but net income rose to $10.9 million and EBITDA to $13.1 million, reflecting improved profitability. Management's channel shift toward direct sales and strong nontraditional demand (e.g., data centers, oilfields) supports optimism despite weak traditional housing markets.
Peers Comparison
Key metrics vs top competitors for Legacy Housing Corporation (LEGH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $25.93 | $616.66M | 14.90 | -10.65% | 25.41% | 8.18% | — | |
| $82.95 | $4.55B | 22.73 | 7.26% | 7.77% | 13.1% | — | |
| $578.92 | $4.45B | 24.14 | 11.36% | 8.49% | 17.55% | — | |
| $129.92 | $24.96B | 11.68 | -3.54% | 12.14% | 15.92% | — | |
| $155.72 | $44.16B | 13.46 | -6.93% | 9.51% | 12.94% | — | |
| $86.74 | $21.54B | 10.87 | -3.54% | 5.39% | 7.98% | — |
Compare LEGH vs Peers
Legacy Housing Corporation (LEGH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LEGH SEC Filings & Documents
Legacy Housing Corporation (LEGH) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 8, 2026·SEC
Material company update
Dec 19, 2025·SEC
Material company update
Dec 19, 2025·SEC
10-K Annual Reports
310-Q Quarterly Reports
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LEGH Frequently Asked Questions
Legacy Housing Corporation (LEGH) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Legacy Housing Corporation's revenue?
Legacy Housing Corporation (LEGH) reported $163.3M in revenue for fiscal year 2025. This represents a 48% increase from $110.5M in 2016.
How fast is Legacy Housing Corporation growing?
Legacy Housing Corporation (LEGH) saw revenue decline by 10.7% over the past year.
Is LEGH profitable?
Yes, Legacy Housing Corporation (LEGH) is profitable, generating $42.5M in net income for fiscal year 2025 (25.4% net margin).
Dividend & Returns
What is LEGH's return on equity?
Legacy Housing Corporation (LEGH) has a return on equity (ROE) of 8.2%. This is below average, suggesting room for improvement.
What is Legacy Housing Corporation's free cash flow?
Legacy Housing Corporation (LEGH) generated $29.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.