Legacy Housing (NASDAQ:LEGH) Lowered to “Hold” Rating by Zacks Research

Posted by Stanley Muller on Jul 31st, 2026

Zacks Research cut shares of Legacy Housing (NASDAQ:LEGH – Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.

A number of other research analysts have also recently weighed in on the company. Weiss Ratings raised Legacy Housing from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. B. Riley Financial restated a “neutral” rating on shares of Legacy Housing in a research report on Thursday, May 14th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $21.00.

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Legacy Housing Price Performance

Shares of Legacy Housing stock opened at $26.39 on Wednesday. Legacy Housing has a 1-year low of $18.28 and a 1-year high of $29.45. The company’s fifty day simple moving average is $25.31 and its 200-day simple moving average is $22.65. The stock has a market capitalization of $627.61 million, a PE ratio of 14.83 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 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. Legacy Housing had a return on equity of 8.08% and a net margin of 26.01%.The company had revenue of $34.37 million for the quarter, compared to analysts’ expectations of $38.82 million. As a group, research analysts anticipate that Legacy Housing will post 2.32 EPS for the current year.

Hedge Funds Weigh In On Legacy Housing

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Rock Creek Group LP grew its stake in Legacy Housing by 620.6% during the fourth quarter. Rock Creek Group LP now owns 250,000 shares of the company’s stock valued at $4,880,000 after acquiring an additional 215,307 shares in the last quarter. Yacktman Asset Management LP lifted its position in shares of Legacy Housing by 192.8% in the fourth quarter. Yacktman Asset Management LP now owns 175,675 shares of the company’s stock worth $3,429,000 after buying an additional 115,675 shares in the last quarter. Gabelli Funds LLC raised its holdings in shares of Legacy Housing by 192.6% during the 4th quarter. Gabelli Funds LLC now owns 143,341 shares of the company’s stock worth $2,798,000 after acquiring an additional 94,344 shares in the last quarter. Advisory Research Inc. boosted its position in shares of Legacy Housing by 11.0% during the 4th quarter. Advisory Research Inc. now owns 730,944 shares of the company’s stock valued at $14,268,000 after acquiring an additional 72,573 shares during the last quarter. Finally, Rothschild Wealth LLC bought a new position in shares of Legacy Housing during the 4th quarter valued at approximately $1,399,000. Institutional investors own 89.35% of the company’s stock.

Legacy Housing Company Profile

(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.