Legacy Housing Corporation Common Stock
LEGHLegacy Housing Corporation (LEGH) is a builder and retailer of manufactured and modular homes, serving primarily the affordable housing market in the United States. Founded in 2003, the company focuses on providing quality, affordable housing options through its manufacturing facilities, retail outlets, and land-lease communities. Legacy Housing emphasizes cost-effective construction and innovative designs to meet the needs of value-conscious consumers.
Company News
Legacy Housing reported Q3 2025 product sales of $28.8 million, a 4.6% decrease from last year, with 420 floor sections delivered. Despite challenges, book value per share rose 10.2% and the company experienced significant executive transitions, with founders returning to refocus on cost discipline and sales opportunities.
Legacy Housing Corporation has agreed to purchase the assets of AmeriCasa Solutions, including its FutureHomeX® Platform, in an all-cash transaction. Norman Newton, AmeriCasa's CEO, will join Legacy Housing as Chief Revenue Officer to help accelerate sales growth and technology integration.
Legacy Housing Corporation reported a 2.6% decrease in net revenue and a 1.5% decrease in income from operations for the year ended 2024, but a 13.2% increase in net income and a 14.3% increase in basic earnings per share.
Legacy Housing Corporation, a manufacturer of manufactured homes and tiny houses, will release its Q3 2024 financial results on November 12, 2024, and host a conference call on November 13, 2024.
The study finds that Canada lags significantly behind the U.S. in terms of the share of business investment going towards the Information and Communications Technologies (ICT) and Intellectual Property Products (IPP) asset categories, which contribute most to increased productivity and higher living standards. Conversely, a greater share of inves...
