Legacy Housing (LEGH) Expected to Announce Quarterly Earnings on Wednesday

Legacy Housing (NASDAQ:LEGH) is expected to announce its earnings results after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $44.59 million for the quarter.

Legacy Housing Stock Performance

Shares of Legacy Housing stock opened at $25.00 on Thursday. The firm has a market capitalization of $603.95 million, a price-to-earnings ratio of 11.52 and a beta of 1.16. Legacy Housing has a fifty-two week low of $19.42 and a fifty-two week high of $29.31. The stock has a 50 day moving average of $25.28 and a 200 day moving average of $25.93.

Insider Buying and Selling

In other news, Chairman Curtis Drew Hodgson sold 17,300 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $25.42, for a total transaction of $439,766.00. Following the completion of the transaction, the chairman now directly owns 456,622 shares in the company, valued at $11,607,331.24. This trade represents a 3.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders sold 71,552 shares of company stock worth $1,772,255. Company insiders own 30.60% of the company’s stock.

Legacy Housing Company Profile

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.