HomeLEGH • NASDAQ
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Legacy Housing Corp
Previous close
$23.12
Day range
$22.36 - $22.83
Year range
$19.42 - $29.31
Market cap
544.53M USD
Avg Volume
69.32K
P/E ratio
10.36
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 44.27M | -11.36% |
Operating expense | 5.59M | -8.41% |
Net income | 15.80M | -1.77% |
Net profit margin | 35.70 | 10.80% |
Earnings per share | 0.64 | 0.00% |
EBITDA | 15.83M | -18.60% |
Effective tax rate | 18.23% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 570.00K | 4.40% |
Total assets | 521.40M | 5.20% |
Total liabilities | 42.13M | -36.32% |
Total equity | 479.27M | — |
Shares outstanding | 24.16M | — |
Price to book | 1.17 | — |
Return on assets | 7.39% | — |
Return on capital | 7.98% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 15.80M | -1.77% |
Cash from operations | 13.84M | 534.63% |
Cash from investing | -3.65M | 68.22% |
Cash from financing | -9.67M | -216.14% |
Net change in cash | 510.00K | 151.78% |
Free cash flow | 33.29M | 195.23% |
About
Legacy Housing Corporation is a mobile home manufacturer based in Bedford, Texas. They have manufacturing facilities in Commerce, Texas, Fort Worth, Texas, and Eatonton, Georgia. Legacy also directly sells homes through 13 retail stores and funds loans for their homes.
Legacy Housing was founded in 2005 by Curtis Drew Hodgson and Kenneth E. Shipley as Legacy Housing, Ltd. It is traded on NASDAQ as LEGH, after an IPO on December 14, 2018. The company repurchased over $3 million in stock in April 2019. The company has approximately 800 employees. As of 9 December 2020, Legacy Housing Corporation had a market capitalization of over $361 million.
In 2019 the company's gross revenue was $169 million, versus $162 million in 2018. Approximately half of their sales are in Texas. Their consumer loan portfolio was worth $105 million at an average APR of 14%. They also had $92.3 million in manufactured home park loans at variable rates, typically 4% over prime.
In 2018–2019, Legacy acquired five plots of land to develop into manufactured home communities, including 400 acres near Austin, Texas for $4.4 million in April 2018. Wikipedia
Founded
May 2005
Headquarters
Website
Employees
572