Legacy Housing Corp (LEGH) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Legacy Housing Corp Do?
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. It also provides floor plan or wholesale financing for independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy its products for use in their rental housing communities. The company markets its homes under the Legacy brand through a network of 100 independent and 13 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas. Legacy Housing Corp (LEGH) is classified as a small-cap stock in the Materials sector, specifically within the Construction Materials industry. The company is led by CEO Robert D. Bates and employs approximately 880 people. With a market capitalization of $489M, LEGH is one of the notable companies in the Materials sector.
Legacy Housing Corp (LEGH) Stock Rating — Reduce (April 2026)
As of April 2026, Legacy Housing Corp receives a Reduce rating with a composite score of 44.8/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.LEGH ranks #2,377 out of 4,446 stocks in our coverage universe. Within the Materials sector, Legacy Housing Corp ranks #166 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
LEGH Stock Price and 52-Week Range
Legacy Housing Corp (LEGH) currently trades at $21.10. The stock lost $0.47 (2.2%) in the most recent trading session. The 52-week high for LEGH is $29.45, which means the stock is currently trading -28.4% from its annual peak. The 52-week low is $18.29, putting the stock 15.4% above its annual trough. Recent trading volume was 62K shares, suggesting relatively thin trading activity.
Is LEGH Overvalued or Undervalued? — Valuation Analysis
Legacy Housing Corp (LEGH) carries a value factor score of 72/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 9.61x, compared to the Materials sector average of 26.50x — a discount of 64%. The price-to-book ratio stands at 0.90x, versus the sector average of 2.83x. The price-to-sales ratio is 2.78x, compared to 0.74x for the average Materials stock. On an enterprise value basis, LEGH trades at 8.88x EV/EBITDA, versus 6.01x for the sector.
Based on these multiples, Legacy Housing Corp appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
Legacy Housing Corp Profitability — ROE, Margins, and Quality Score
Legacy Housing Corp (LEGH) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 9.3%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 8.5% versus the sector average of 0.6%.
On a margin basis, Legacy Housing Corp reports gross margins of 48.8%, compared to 29.8% for the sector. The operating margin is 31.2% (sector: 6.0%). Net profit margin stands at 28.8%, versus 3.0% for the average Materials stock. Revenue growth is running at -4.8% on a trailing basis, compared to 1.8% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
LEGH Debt, Balance Sheet, and Financial Health
Legacy Housing Corp has a debt-to-equity ratio of 10.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 3.51x, indicating strong short-term liquidity. Total debt on the balance sheet is $570,000. Cash and equivalents stand at $14M.
LEGH has a beta of 0.53, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Legacy Housing Corp is 68/100, reflecting average volatility within the normal range for its sector.
Legacy Housing Corp Revenue and Earnings History — Quarterly Trend
In TTM 2026, Legacy Housing Corp reported revenue of $171M and earnings per share (EPS) of $1.74. Net income for the quarter was $49M. Gross margin was 48.8%. Operating income came in at $53M.
In FY 2025, Legacy Housing Corp reported revenue of $165M and earnings per share (EPS) of $1.74. Net income for the quarter was $42M. Gross margin was 48.4%. Revenue grew -10.7% year-over-year compared to FY 2024. Operating income came in at $48M.
In Q3 2025, Legacy Housing Corp reported revenue of $40M and earnings per share (EPS) of $0.36. Net income for the quarter was $9M. Gross margin was 43.3%. Revenue grew -8.6% year-over-year compared to Q3 2024. Operating income came in at $10M.
In Q2 2025, Legacy Housing Corp reported revenue of $50M and earnings per share (EPS) of $0.61. Net income for the quarter was $15M. Gross margin was 48.3%. Revenue grew 18.0% year-over-year compared to Q2 2024. Operating income came in at $17M.
Over the past 8 quarters, Legacy Housing Corp has demonstrated a growth trajectory, with revenue expanding from $42M to $171M. Investors analyzing LEGH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
LEGH Dividend Yield and Income Analysis
Legacy Housing Corp (LEGH) does not currently pay a dividend. This is common among smaller companies in the Construction Materials industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.
LEGH Momentum and Technical Analysis Profile
Legacy Housing Corp (LEGH) has a momentum factor score of 33/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 35/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 4/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
LEGH vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, Legacy Housing Corp (LEGH) ranks #166 out of 284 stocks based on the Blank Capital composite score. This places LEGH in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing LEGH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full LEGH vs S&P 500 (SPY) comparison to assess how Legacy Housing Corp stacks up against the broader market across all factor dimensions.
LEGH Next Earnings Date
No upcoming earnings date has been announced for Legacy Housing Corp (LEGH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy LEGH? — Investment Thesis Summary
The quantitative profile for Legacy Housing Corp suggests caution. The value score of 72/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 33/100, a headwind for near-term performance. Low volatility (stability score 68/100) reduces downside risk.
In summary, Legacy Housing Corp (LEGH) earns a Reduce rating with a composite score of 44.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on LEGH stock.
Related Resources for LEGH Investors
Explore more research and tools: LEGH vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare LEGH head-to-head with peers: LEGH vs CF, LEGH vs NTR, LEGH vs UAN.