Legacy Housing (NASDAQ:LEGH) Stock Price Up 1.5% – Should You Buy?

Posted by Brenda Bartman on Jul 25th, 2026

Legacy Housing Corporation (NASDAQ:LEGH – Get Free Report) was up 1.5% on Friday . The company traded as high as $26.53 and last traded at $26.49. 124,451 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 93,789 shares. The stock had previously closed at $26.10.

Wall Street Analysts Forecast Growth

LEGH has been the subject of several recent research reports. Weiss Ratings raised shares of Legacy Housing from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Zacks Research upgraded shares of Legacy Housing from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Finally, B. Riley Financial reaffirmed a “neutral” rating on shares of Legacy Housing in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Legacy Housing has a consensus rating of “Moderate Buy” and an average price target of $21.00.

View Our Latest Stock Analysis on Legacy Housing

Legacy Housing Trading Up 1.5%

The business has a 50 day simple moving average of $25.01 and a two-hundred day simple moving average of $22.46. The stock has a market cap of $629.99 million, a price-to-earnings ratio of 14.88 and a beta of 0.79.

Legacy Housing (NASDAQ:LEGH – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The company had revenue of $34.37 million for the quarter, compared to analyst estimates of $38.82 million. Legacy Housing had a return on equity of 8.08% and a net margin of 26.01%. Research analysts anticipate that Legacy Housing Corporation will post 2.32 EPS for the current fiscal year.

Institutional Investors Weigh In On Legacy Housing

Several institutional investors and hedge funds have recently made changes to their positions in LEGH. Bank of America Corp DE lifted its position in shares of Legacy Housing by 16.4% in the 1st quarter. Bank of America Corp DE now owns 10,289 shares of the company’s stock worth $210,000 after buying an additional 1,448 shares during the last quarter. Gabelli Funds LLC grew its position in shares of Legacy Housing by 11.2% during the 1st quarter. Gabelli Funds LLC now owns 159,440 shares of the company’s stock valued at $3,257,000 after buying an additional 16,099 shares during the last quarter. Sei Investments Co. acquired a new stake in Legacy Housing during the first quarter worth about $229,000. Dimensional Fund Advisors LP lifted its holdings in Legacy Housing by 7.0% in the first quarter. Dimensional Fund Advisors LP now owns 955,771 shares of the company’s stock worth $19,526,000 after acquiring an additional 62,224 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its holdings in Legacy Housing by 239.3% in the first quarter. North Star Investment Management Corp. now owns 95,000 shares of the company’s stock worth $1,941,000 after acquiring an additional 67,000 shares during the last quarter. 89.35% of the stock is owned by institutional investors and hedge funds.

About Legacy Housing

(Get Free Report)

Legacy Housing Corp. designs, builds and markets factory-built homes, focusing on both single-section and multi-section manufactured housing products. The company offers a range of floor plans and customization options, including energy-efficient features and accessible design elements. Its core business activities encompass in-house design, procurement of building materials, plant-based construction and nationwide distribution through an independent network of retail partners.

Founded in 2009 and headquartered in Dallas, Texas, Legacy Housing operates in key regions across the southeastern and southwestern United States.