Legacy Housing (NASDAQ:LEGH) Rating Increased to Strong-Buy at Wall Street Zen

Posted by Stanley Muller on Aug 9th, 2026

Wall Street Zen upgraded shares of Legacy Housing (NASDAQ:LEGH – Free Report) from a hold rating to a strong-buy rating in a research note published on Saturday.

Several other brokerages also recently commented on LEGH. Weiss Ratings upgraded Legacy Housing from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 10th. Zacks Research downgraded Legacy Housing from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, B. Riley Financial reaffirmed 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, According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $21.00.

Get Our Latest Analysis on Legacy Housing

Legacy Housing Stock Performance

Shares of NASDAQ:LEGH opened at $29.20 on Friday. Legacy Housing has a 52-week low of $18.28 and a 52-week high of $31.34. The company has a market capitalization of $694.43 million, a P/E ratio of 13.46 and a beta of 0.78. The company has a 50-day simple moving average of $25.78 and a 200 day simple moving average of $22.88.

Legacy Housing (NASDAQ:LEGH – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.27. The firm had revenue of $66.35 million for the quarter, compared to the consensus estimate of $64.08 million. Legacy Housing had a return on equity of 9.53% and a net margin of 28.56%. As a group, equities analysts forecast that Legacy Housing will post 2.32 earnings per share for the current year.

Institutional Investors Weigh In On Legacy Housing

A number of institutional investors have recently made changes to their positions in LEGH. BlackRock Inc. bought a new stake in Legacy Housing in the 2nd quarter valued at $16,714,000. Rock Creek Group LP increased its position in Legacy Housing by 620.6% during the 4th quarter. Rock Creek Group LP now owns 250,000 shares of the company’s stock worth $4,880,000 after buying an additional 215,307 shares during the period. Yacktman Asset Management LP lifted its holdings in shares of Legacy Housing by 192.8% during 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 lifted its holdings in shares of Legacy Housing by 192.6% during the fourth quarter. Gabelli Funds LLC now owns 143,341 shares of the company’s stock worth $2,798,000 after buying an additional 94,344 shares in the last quarter. Finally, Advisory Research Inc. boosted its position in shares of Legacy Housing by 11.0% in the fourth 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 period. Institutional investors own 89.35% of the company’s stock.

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.