Zacks Research Upgrades Legacy Housing (NASDAQ:LEGH) to Strong-Buy

Posted by on Jul 2nd, 2026

Legacy Housing (NASDAQ:LEGH – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

LEGH has been the topic of a number of other reports. B. Riley Financial reaffirmed a “neutral” rating on shares of Legacy Housing in a research note on Thursday, May 14th. Weiss Ratings upgraded shares of Legacy Housing from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 18th. 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $21.00.

Read Our Latest Stock Analysis on LEGH

Legacy Housing Trading Down 0.6%

LEGH opened at $26.11 on Tuesday. The company’s 50 day moving average is $23.50 and its 200-day moving average is $21.73. Legacy Housing has a 1-year low of $18.28 and a 1-year high of $29.45. The company has a market cap of $620.90 million, a P/E ratio of 14.67 and a beta of 0.78.

Legacy Housing (NASDAQ:LEGH – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate 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. On average, equities analysts forecast that Legacy Housing will post 2.32 EPS for the current year.

Institutional Trading of Legacy Housing

Several institutional investors and hedge funds have recently modified their holdings of LEGH. Bank of America Corp DE increased its stake in 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 purchasing an additional 1,448 shares during the period. Gabelli Funds LLC boosted its stake in Legacy Housing by 11.2% in the 1st quarter. Gabelli Funds LLC now owns 159,440 shares of the company’s stock worth $3,257,000 after purchasing an additional 16,099 shares in the last quarter. Sei Investments Co. purchased a new stake in Legacy Housing during the 1st quarter valued at $229,000. Dimensional Fund Advisors LP grew its stake in shares of 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 period. Finally, North Star Investment Management Corp. lifted its holdings in shares of Legacy Housing by 239.3% during the 1st quarter. North Star Investment Management Corp. now owns 95,000 shares of the company’s stock valued at $1,941,000 after buying an additional 67,000 shares during the period. Hedge funds and other 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.

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