Legacy Housing (LEGH) Expected to Announce Earnings on Friday

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

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

Legacy Housing Trading Up 2.7 %

Shares of Legacy Housing stock opened at $25.41 on Friday. The stock has a fifty day simple moving average of $25.33 and a 200 day simple moving average of $25.87. Legacy Housing has a 12-month low of $19.42 and a 12-month high of $29.31. The company has a market capitalization of $613.85 million, a P/E ratio of 11.71 and a beta of 1.16.

Insider Transactions at Legacy Housing

In related news, Director Curtis Drew Hodgson sold 10,468 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $23.65, for a total transaction of $247,568.20. Following the transaction, the director now directly owns 394,254 shares in the company, valued at approximately $9,324,107.10. The trade was a 2.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 54,252 shares of company stock worth $1,332,489 in the last quarter. 30.60% of the stock is currently owned by corporate insiders.

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.