Legacy Housing Corp

LEGH · NASDAQ · Consumer Cyclical / Residential Construction

28.40USD+0.02 (+0.09%)

Price History

Full chart

Market Stats

Previous Close28.38

Open28.57

Day Range28.03 – 28.94

52-Week Range18.29 – 31.34

Volume65.40K

Market Cap692.56M

P/E (TTM)13.67

Forward P/E12.25

EPS2.13

Dividend Yield0.00%

Beta0.77

50-Day Avg27.90

200-Day Avg23.50

About

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 provides 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.

Company Details

SectorConsumer Cyclical
IndustryResidential Construction
CEOMr. Kenneth E. Shipley
Employees592
Headquarters1600 Airport Freeway, Bedford, TX, United States, 76022, USA
Websitehttps://www.legacyhousing.com

Leadership

Mr. Kenneth E. ShipleyFounder, CEO & Chairman · b. 1959
Mr. Curtis Drew Hodgson J.D.Co-Founder · b. 1955
Mr. Jon A. LangbertChief Financial Officer · b. 1966
Mr. Ronald Carter Arrington CPAPrincipal Financial & Accounting Officer · b. 1963
Mary SaenzDirector of HR & Regulatory Compliance
Mr. Ed SpaethSales Manager
Mr. Larry G. Badgley CPADirector of Corporate Development · b. 1956
Mr. Charles E. Mack IVChief Marketing Officer

Financials

Income Statement

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	110.55M	128.74M	161.88M	168.96M	176.72M	197.51M	257.01M	189.14M	184.19M	164.57M
Growth (%)	-	+16.46%	+25.74%	+4.37%	+4.60%	+11.76%	+30.13%	-26.41%	-2.62%	-10.65%
Cost of Revenue	77.33M	82.50M	107.23M	104.90M	109.72M	114.05M	150.11M	99.69M	90.07M	86.55M
Gross Profit	33.22M	46.24M	54.65M	64.05M	67.00M	83.46M	106.90M	89.45M	94.12M	78.02M
Gross Margin	30.05%	35.92%	33.76%	37.91%	37.91%	42.26%	41.59%	47.29%	51.10%	47.41%
Operating Expense	14.79M	18.14M	21.85M	26.21M	19.40M	24.54M	28.88M	24.86M	30.51M	29.61M
Operating Income	18.43M	28.09M	32.80M	37.84M	47.60M	58.92M	78.02M	64.59M	63.61M	48.41M
Operating Margin	16.67%	21.82%	20.26%	22.40%	26.93%	29.83%	30.36%	34.15%	34.53%	29.41%
EBITDA	19.32M	29.17M	33.99M	39.31M	51.09M	63.10M	84.30M	71.39M	78.63M	53.45M
EBITDA Margin	17.47%	22.66%	21.00%	23.26%	28.91%	31.95%	32.80%	37.74%	42.69%	32.48%
Net Income	17.34M	26.35M	21.51M	28.84M	37.99M	49.87M	67.77M	54.46M	61.64M	41.81M
Net Income Margin	15.69%	20.47%	13.29%	17.07%	21.50%	25.25%	26.37%	28.79%	33.47%	25.41%
Interest Expense	1.24M	2.04M	2.51M	702.00K	1.05M	887.00K	375.00K	930.00K	689.00K	28.00K
Interest Expense % of Total Revenue	1.13%	1.59%	1.55%	0.42%	0.60%	0.45%	0.15%	0.49%	0.37%	0.02%

Balance Sheet

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	179.98M	208.34M	235.04M	283.62M	338.62M	366.67M	366.67M	506.74M	534.19M	580.34M
Total Liabilities	64.39M	84.06M	45.76M	61.23M	79.42M	57.27M	57.27M	70.01M	40.24M	51.72M
Total Equity	115.59M	124.27M	189.28M	222.39M	259.19M	309.39M	309.39M	436.74M	493.96M	528.61M
Cash	1.01M	428.00K	2.60M	1.72M	768.00K	1.04M	1.04M	748.00K	1.15M	8.48M
Total Debt	45.48M	58.78M	17.64M	30.86M	51.03M	-	23.23M	25.57M	1.40M	2.54M
Net Debt	44.47M	58.35M	15.04M	29.14M	35.41M	6.95M	6.95M	24.82M	247.00K	-5.94M

Cash Flow

Currency: USD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-1.90M	4.69M	2.82M	-4.19M	-2.04M	60.30M	-1.69M	-13.54M	35.99M	37.15M
Investing Cash Flow	-3.47M	-2.26M	-4.45M	-15.11M	-2.72M	-31.94M	9.08M	-9.77M	-6.71M	-22.08M
Financing Cash Flow	6.08M	-3.02M	3.80M	18.43M	3.80M	-28.08M	-5.61M	21.23M	-28.88M	-7.75M
Capital Expenditure	2.17M	1.43M	6.14M	4.21M	2.85M	5.95M	3.80M	7.71M	9.21M	9.00M
Free Cash Flow	-4.07M	3.26M	-3.32M	-8.40M	-4.88M	54.34M	-5.49M	-21.25M	26.78M	28.15M
Dividends Paid	6.91M	17.67M	0	65.69M	-	-	-	-	-	-
FCF to OCF	213.87%	69.56%	-117.62%	200.31%	239.67%	90.13%	324.72%	156.98%	74.41%	75.77%
Dividend Paid to FCF	-169.66%	541.46%	0.00%	-782.07%	-	-	-	-	-	-

Earnings

Report Date	Dec 14, 2018	Dec 31, 2018	May 13, 2019	Aug 13, 2019	Nov 14, 2019	Mar 30, 2020	May 15, 2020	Aug 13, 2020	Nov 16, 2020	Mar 16, 2021	May 10, 2021	Aug 9, 2021	Nov 9, 2021	Dec 31, 2021	Apr 11, 2022	Sep 12, 2022	Nov 8, 2022	Mar 15, 2023	May 9, 2023	Aug 9, 2023	Nov 9, 2023	Mar 15, 2024	May 9, 2024	Aug 8, 2024	Nov 12, 2024	Mar 12, 2025	May 12, 2025	Aug 7, 2025	Nov 7, 2025	Mar 12, 2026	May 13, 2026	Aug 5, 2026	Nov 6, 2026
EPS Estimate	0.00	0.24	0.22	0.31	0.32	0.24	0.27	0.34	0.30	0.35	0.31	0.43	0.43	0.50	0.51	0.57	0.60	0.60	0.65	0.62	0.58	0.71	0.38	0.58	0.60	0.52	0.57	0.55	0.58	0.49	0.51	0.75	0.55
EPS Actual	0.41	0.14	0.29	0.35	0.25	0.28	0.33	0.36	0.35	0.44	0.37	0.51	0.61	0.56	0.51	0.65	0.58	0.82	0.65	0.60	0.64	0.28	0.60	0.65	0.64	0.59	0.41	0.60	0.35	0.37	0.46	0.99	-
Surprise	-	-41.67%	31.82%	12.90%	-21.88%	16.67%	22.22%	5.88%	16.67%	25.71%	19.35%	18.60%	41.86%	12.00%	0.00%	14.04%	-3.33%	36.67%	0.00%	-3.23%	10.34%	-60.56%	57.89%	12.07%	6.67%	13.46%	-28.07%	9.09%	-39.66%	-24.49%	-9.80%	32.00%	-
Timing	After-hours	-	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours

Key Statistics & Ratios

Market Cap692.56M

Enterprise Value660.66M

Trailing P/E13.67

Forward P/E12.25

PEG Ratio0.61

Price / Sales3.86

Price / Book1.23

EPS2.13

Book Value23.64

Revenue (TTM)179.45M

Gross Profit (TTM)88.22M

EBITDA61.20M

Profit Margin28.56%

Operating Margin39.88%

Return on Equity9.53%

Return on Assets6.30%

Shares Outstanding23.78M

Shares Float10.82M

Beta0.77

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Buy

Based on 3 analystsTarget 24.00

Strong Buy
1
Buy
1
Hold
1

Ownership Breakdown

Institutions: 42.26%
Insiders: 63.57%
Retail / Other: 0.00%

Top Institutional Holders

Dimensional Fund Advisors, Inc.
1.01M4.25%
Advisory Research Inc
920.29K3.87%
Yacktman Asset Management Co
754.01K3.17%
Voss Capital LLC
597.12K2.51%
BlackRock Inc
592.75K2.49%
GW&K Investment Management, LLC
459.78K1.93%
Philadelphia Financial Mgmt Of San Franc
454.43K1.91%
Ameriprise Financial Inc
434.77K1.83%
Punch & Associates Inv Mgmt Inc
427.67K1.80%
Vanguard Capital Management, LLC
369.61K1.55%
Royce & Associates, LP
328.30K1.38%
Geode Capital Management, LLC
232.59K0.98%
State Street Corp
201.86K0.85%
Gabelli Funds LLC
185.64K0.78%

Top Fund Holders

AMG Yacktman Focused N
502.31K2.11%
Columbia Small Cap Value Discv A
333.19K1.40%
DFA US Small Cap Value I
309.41K1.30%
Vanguard MStar Total Stk Mkt Idx Invest
262.22K1.10%
Royce Micro-Cap Trust
203.26K0.85%
iShares Russell 2000 ETF
194.85K0.82%