Legacy Housing (LEGH) Expected to Announce Quarterly Earnings on Friday

Legacy Housing (NASDAQ:LEGH) is anticipated to release its earnings data after the market closes on Friday, March 21st. Analysts expect Legacy Housing to post earnings of $0.58 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Legacy Housing (NASDAQ:LEGH) last issued its quarterly earnings results on Wednesday, March 12th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.52 by $0.07. The firm had revenue of $54.19 million during the quarter, compared to analyst estimates 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 2.4 %

Shares of LEGH opened at $26.55 on Thursday. Legacy Housing has a fifty-two week low of $19.42 and a fifty-two week high of $29.31. The company’s fifty day moving average is $25.55 and its two-hundred day moving average is $25.84. The firm has a market cap of $640.62 million, a PE ratio of 12.24 and a beta of 1.16.

Insider Activity at Legacy Housing

In other Legacy Housing news, Director Curtis Drew Hodgson sold 10,468 shares of Legacy Housing stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $23.65, for a total transaction of $247,568.20. Following the transaction, the director now directly owns 394,254 shares of the company’s stock, valued at $9,324,107.10. The trade was a 2.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 36,952 shares of company stock worth $896,529. 30.60% of the stock is owned by insiders.

About Legacy Housing

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.