Legacy Housing Corp

Legacy Housing Corp. engages in the selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing. The company was founded by Curtis Drew Hodgson and Kenny E. Shipley in May 2005 and is headquartered in Dallas, TX.

Earnings data Q4 2020

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Legacy Housing Corp achieves record revenue in 2022, eyes efficiency

Legacy Housing Corp's 2022 performance reflects robust growth and financial stability, underpinned by strategic pricing and revenue strategies. Challenges persist in labor availability and project timelines, but the company is actively addressing these issues. Opportunities for enhanced efficiency through automation and partnerships present avenues for future growth and operational excellence.

Legacy Housing Corp reports stable Q1 earnings amidst revenue challenges

Legacy Housing Corp's Q1 2023 performance reflects stability, modest growth, and efficient use of shareholder equity, despite revenue challenges.
The company's focus on cost management, sales, and margin improvement positions it well for sustained performance and operational resilience.
While facing market demand challenges and cost pressures, Legacy Housing Corp has opportunities to diversify revenue streams, enhance margins, and drive growth.

Legacy Housing Corp reports Q2 revenue decline but eyes growth

Legacy Housing Corp faced revenue and income declines in Q2 2023 amidst broader industry challenges.
Despite these setbacks, Legacy maintains a strong balance sheet and is actively pursuing strategic projects.
The company is leveraging loan application surges and new credit facilities to navigate challenges and explore growth avenues.

Legacy Housing Corp reports resilient Q3 performance amidst industry challenges

Legacy Housing Corp navigated challenges in product sales decline with a focus on financial management and market-driven strategies.
The company's strong performance in consumer finance and successful fall show underscore its resilience and growth potential.
While facing industry-wide factors, Legacy is strategically positioned to capitalize on opportunities in sales acceleration, workforce housing, and land development.

Legacy Housing Corp reports decline in sales but eyes growth

Legacy Housing Corp faced challenges in product sales and net income in 2023 but maintained a strong return on equity.
The company is strategically focusing on expanding retail presence, evaluating land projects, and optimizing shareholder returns.
Despite facing headwinds, Legacy is actively seeking growth opportunities and enhancing its financial performance.
Investors should monitor Legacy's efforts to address challenges and capitalize on emerging opportunities.

Legacy Housing Corp reports Q1 revenue decline, eyes loan growth

Legacy Housing Corp faced a decline in product sales and net income in Q1 2024 compared to the previous year.
Despite challenges, the company showed strength in growing consumer MHP and dealer loans interest income.
To improve performance, Legacy should focus on addressing sales volume declines and optimizing product mix for better revenue generation.

Legacy Housing Corp boosts net income amidst sales decline

Legacy Housing Corp demonstrated resilience by increasing net income despite a decline in product sales, driven by improved profit margins and interest income.
While facing challenges in revenue diversification and cost management, the company's strengths in financial performance and stakeholder relations position it well for growth.
Opportunities lie in share repurchases, production volume expansion, and sales growth, indicating a positive outlook for Legacy Housing Corp's future.

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Legacy Housing Corp. engages in selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing. The company was founded by Curtis Drew Hodgson and Kenny E. Shipley in May 2005 and is headquartered in Bedford, TX.

BEDFORD, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) today announced its financial results for the third quarter that ended September 30, 2022.

Legacy Housing Corporation Reports Third Quarter 2022 Financial Results and Announces $10,000,000 Stock Repurchase Program

BEDFORD, Texas, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) will release earnings for the third quarter ended September 30, 2022, after markets close on Tuesday, November 8, 2022. The Company will host a conference call to discuss the results at 11:00 AM Central Time on Wednesday, November 9, 2022.

Legacy Housing Corporation Announces Timing of Third Quarter 2022 Earnings Release and Conference Call

Legacy Housing (LEGH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Legacy Housing (LEGH) Upgraded to Strong Buy: Here's What You Should Know

BEDFORD, Texas, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) today announced its financial results for the Second quarter ended June 30, 2022.

Legacy Housing Corporation Reports Second Quarter 2022 Financial Results and Regains Compliance with SEC Filings

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BEDFORD, Texas, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) is committed to regaining compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. As part of that commitment, Legacy provides the following updates:

Legacy Housing Corporation Provides Update on Delayed SEC Filings and Guidance for the First Half of 2022

BEDFORD, Texas, Aug. 12, 2022 (GLOBE NEWSWIRE) -- On August 11, 2022, Legacy Housing Corporation (the "Company," NASDAQ: LEGH) received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2022 (the "Form 10-Q2") the Company remains in non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. As announced on May 17, 2022, the Company had previously received a notice from Nasdaq indicating that as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022 (the "Form 10-Q1"), it was not in compliance with Nasdaq Listing Rule 5250(c)(1). On May 31, 2022, the Company submitted to Nasdaq a plan to regain compliance with the Listing Rule 5250(c)(1) with respect to the Form 10-Q1 (the “Plan”).

Legacy Housing Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

BEDFORD, Texas, June 08, 2022 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company," NASDAQ: LEGH) today announced that Duncan Bates, a member of the Company's Board of Directors and Senior Vice President, Mergers & Acquisitions of Arcosa, Inc. (NYSE: ACA), has been appointed President and Chief Executive Officer, effective June 7, 2022.

Legacy Housing Corporation Announces Appointment of Duncan Bates as President and Chief Executive Officer

BEDFORD, Texas, April 06, 2022 (GLOBE NEWSWIRE) -- On April 1, 2022, Legacy Housing Corporation (the "Company," NASDAQ: LEGH) received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Annual Report on Form 10-K for the period ended December 31, 2021 (the "Form 10-K"), the Company is not in compliance with the continued listing requirements of Nasdaq Listing Rule 5250(c)(1). Nasdaq Listing Rule 5250(c)(1), in pertinent part, requires the Company to timely file all required periodic reports with the Securities and Exchange Commission. The Company previously reported that it anticipated a delay in filing the Form 10-K, as disclosed in the Company's Current Report on Form 8-K filed on March 31, 2022.

Legacy Housing Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

Legacy Housing (LEGH) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in Legacy Housing (LEGH) Should Keep going

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ABG, CPRI, INLX, LEGH, and MATX have been added to the Zacks Rank #1 (Strong Buy) List on December 3rd.

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Legacy Housing (LEGH) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Here's Why "Trend" Investors Would Love Betting on Legacy Housing (LEGH)

Legacy Housing (LEGH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Legacy Housing (LEGH) Surges 15.6%: Is This an Indication of Further Gains?

BEDFORD, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2021.

Legacy Housing Corporation Reports Third Quarter 2021 Financial Results

Legacy Housing (LEGH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Legacy Housing (LEGH) to Report Q3 Results: Wall Street Expects Earnings Growth

Legacy Housing (LEGH) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's What Could Help Legacy Housing (LEGH) Maintain Its Recent Price Strength

The business is very stable. Sales through its own stores will offer better margins and growth sustainability.

Legacy Housing Corporation: Don't Ignore This Mobile Home Gem

Legacy Housing (LEGH) delivered earnings and revenue surprises of 15.91% and 1.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Legacy Housing (LEGH) Surpasses Q2 Earnings and Revenue Estimates

BEDFORD, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the Second quarter ended June 30, 2021.

Legacy Housing Corporation Reports Second Quarter 2021 Financial Results

Legacy Housing (LEGH) Earnings Expected to Grow: Should You Buy?

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Legacy Housing (LEGH) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Legacy Housing (LEGH) is Oversold: Can It Recover?

Legacy Housing (LEGH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Legacy Housing (LEGH) Gain on Rising Earnings Estimates?

BEDFORD, Texas, May 10, 2021 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the first quarter ended March 31, 2021.

Legacy Housing Corporation Reports First Quarter 2021 Financial Results

Manufactured housing is a good business. LEGH is an efficient builder with geographical focus.

News for Legacy Housing Corp Stock (LEGH)