Legacy Housing (LEGH) Expected to Announce Earnings on Friday

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

Legacy Housing (NASDAQ:LEGH) last released its quarterly earnings results on Wednesday, March 12th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.07. The firm had revenue of $54.19 million during the quarter, compared to analysts’ expectations of $44.59 million. Legacy Housing had a return on equity of 11.85% and a net margin of 33.11%.

Legacy Housing Stock Up 2.4 %

LEGH opened at $26.55 on Thursday. The firm’s 50 day moving average is $25.55 and its 200-day moving average is $25.84. Legacy Housing has a 52-week low of $19.42 and a 52-week high of $29.31. The firm has a market capitalization of $640.62 million, a P/E ratio of 12.24 and a beta of 1.16.

Insider Buying and Selling

In other Legacy Housing news, Director Curtis Drew Hodgson sold 9,184 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $24.53, for a total value of $225,283.52. Following the transaction, the director now directly owns 412,838 shares of the company’s stock, valued at $10,126,916.14. This represents a 2.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold 36,952 shares of company stock valued at $896,529 in the last quarter. Company insiders own 30.60% of the company’s stock.

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.