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.
Jones Lang LaSalle, Kennedy-Wilson and Legacy Housing have been highlighted in this Industry Outlook article.
Smaller-company stocks have suffered as the Fed reduces stimulus. But the reopening of the economy will change that.
Manufactured housing is a good business. Legacy Housing Corporation is a efficient builder with geographical focus. Read more to see why this company is too cheap to ignore.
