Legacy Housing Corporation: Future Growth Prospects Are Compelling
Legacy Housing Corporation remains a "Buy" despite recent revenue and profit declines, supported by a strong balance sheet and attractive valuation. LEGH's Q3 results showed unit sales dropping from 475 to 420, but average revenue per unit rose to $68,500, reflecting pricing power amid industry headwinds. Growth prospects are underpinned by recent acquisitions (AmeriCasa, FutureHomeX, Houston lot), expected to boost retail unit sales by 50%–60% next year.
Legacy Housing Corporation (LEGH) Q3 2025 Earnings Call Transcript
Legacy Housing Corporation ( LEGH ) Q3 2025 Earnings Call November 10, 2025 11:30 AM EST Company Participants Curtis Hodgson - Co-Founder & Executive Chairman Ronald Arrington - Interim CFO, Principal Financial & Accounting Officer Conference Call Participants Dan Moore - CJS Securities, Inc. Alexander Rygiel - Texas Capital Securities, Research Division Mark Smith - Lake Street Capital Markets, LLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Legacy Housing Corporation Third Quarter 2025 Earnings Conference Call.
Legacy Housing (LEGH) Lags Q3 Earnings and Revenue Estimates
Legacy Housing (LEGH) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.64 per share a year ago.
Legacy Housing: More Upside Is Warranted
Legacy Housing remains a soft 'buy' due to strong revenue growth, driven by higher unit sales and increased average pricing. Texas is a key market, with expansion at Falcon Ranch promising further revenue upside as additional lots are developed. Despite a dip in net income, cash flow and EBITDA improved, and the company's net cash position provides resilience in a tough housing market.
Legacy Housing Corporation (LEGH) Q2 2025 Earnings Call Transcript
Legacy Housing Corporation (NASDAQ:LEGH ) Q2 2025 Earnings Conference Call August 8, 2025 11:00 AM ET Company Participants Jeffrey M. Fiedelman - Chief Financial Officer Max M.
Legacy Housing Corporation: Patience Should Pay Off
Legacy Housing operates in a niche market, offering affordable tiny and manufactured homes, with a strong value proposition and low debt profile. Recent financial performance has been weak due to economic headwinds, with declining revenues and unit sales, but profitability remains solid thanks to land sales. Despite near-term challenges and a higher forward valuation, I see long-term upside as the company is well-positioned for an eventual economic recovery.
Legacy Housing Corporation (LEGH) Q1 2025 Earnings Call Transcript
Legacy Housing Corporation (NASDAQ:LEGH ) Q1 2025 Earnings Conference Call May 13, 2025 11:00 AM ET Company Participants Duncan Bates – President and Chief Executive Officer Max Africk – General Counsel Jeff Fiedelman – Chief Financial Officer Conference Call Participants Mark Smith – Lake Street Stefano Latapy – Cannell Capital LLC Operator Good day and thank you for standing by. Welcome to the Legacy Housing Corporation Q1 2025 Earnings Conference Call.
Legacy Housing: Moving On Up
Legacy Housing Corp. shares gained 2.8%, outperforming the S&P 500's -7.4% decline, driven by unlocking 'hidden' assets and improved financial performance. Despite a 2.6% revenue decline in 2024, Q4 revenue surged 60.7% Y/Y, breaking a seven-quarter negative growth streak, with EPS beating estimates. The lending business expanded significantly, contributing over 20% to revenue, while net income margins rose to 33.5%, far above the sector median.
Legacy Housing Corporation (LEGH) Q4 2024 Earnings Call Transcript
Legacy Housing Corporation (NASDAQ:LEGH ) Q4 2024 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Duncan Bates - President & CEO Max Africk - General Counsel Jeffrey Fiedelman - CFO Conference Call Participants Mark Smith - Lake Street Daniel Moore - CJS Securities Operator Hello, everyone, and welcome to the Legacy Housing Corporation Full Year 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Legacy Housing: Unlocking The Value Of Hidden Assets
Legacy Housing shares have outperformed the market, with a 27.7% return, despite a housing downturn, confirming limited downside risk. Q3 2024 results showed a revenue decline but beat EPS expectations; company-owned store sales and lending business are key growth areas. Legacy Housing is unlocking hidden asset value, including mobile home parks and land sales, aiming for significant future growth and improved occupancy rates.
Legacy Housing Corporation (LEGH) Q3 2024 Earnings Call Transcript
Legacy Housing Corporation (NASDAQ:LEGH ) Q3 2024 Earnings Conference Call November 13, 2024 11:00 AM ET Company Participants Duncan Bates - President & CEO Max Africk - General Counsel Jeffrey Fiedelman - CFO Conference Call Participants Daniel Moore - CJS Securities. Mark Smith - Lake Street Alex Rygiel - B.
Compared to Estimates, Legacy Housing (LEGH) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Legacy Housing (LEGH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
