Legacy Housing (LEGH) Stock Forecast, Price Target & Predictions
LEGH Stock Forecast
Legacy Housing stock forecast is as follows: an average price target of $29.50 (represents a 4.50% upside from LEGH’s last price of $28.23) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
LEGH Price Target
The average price target for Legacy Housing (LEGH) is $29.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $25.00. This represents a potential 4.50% upside from LEGH's last price of $28.23.
LEGH Analyst Ratings
According to 3 Wall Street analysts, Legacy Housing's rating consensus is 'Buy'. The analyst rating breakdown for LEGH stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Legacy Housing Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 14, 2024 | Alex Rygiel | B.Riley Financial | $25.00 | $23.03 | 8.55% | -11.44% |
| Sep 16, 2022 | - | Lake Street | $34.00 | $17.05 | 99.41% | 20.44% |
The latest Legacy Housing stock forecast, released on May 14, 2024 by Alex Rygiel from B.Riley Financial, set a price target of $25.00, which represents a 8.55% increase from the stock price at the time of the forecast ($23.03), and a -11.44% decrease from LEGH last price ($28.23).
Legacy Housing Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $25.00 |
| Last Closing Price | $28.23 | $28.23 | $28.23 |
| Upside/Downside | -100.00% | -100.00% | -11.44% |
In the current month, the average price target of Legacy Housing stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Legacy Housing's last price of $28.23. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 12, 2024 | B. Riley | Neutral | Neutral | Hold |
| Jun 07, 2024 | CJS Securities | - | Outperform | Initialise |
| May 14, 2024 | B. Riley | - | Buy | Upgrade |
| Sep 16, 2022 | Lake Street | Buy | Buy | Hold |
Legacy Housing's last stock rating was published by B. Riley on Aug 12, 2024. The company gave LEGH a "Neutral" rating, the same as its previous rate.
Legacy Housing Financial Forecast
Legacy Housing Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.94M | $52.64M | $52.86M | $75.55M | $57.33M | - | $59.93M | $52.51M | $56.47M | $48.59M | $39.94M | $48.70M | $43.74M | $46.01M | $38.27M | $43.30M | $41.94M |
| Avg Forecast | $74.70M | $63.90M | $49.10M | $48.10M | $56.08M | $51.66M | $46.15M | $45.10M | $50.41M | $48.02M | $46.35M | $38.18M | $60.66M | $50.98M | $55.19M | $62.83M | $60.63M | $61.63M | $61.19M | $47.05M | $54.26M | $48.19M | $47.81M | $39.27M | $45.32M | $43.22M | $42.58M | $37.80M | $40.19M | $44.03M |
| High Forecast | $85.56M | $73.19M | $56.24M | $55.09M | $64.23M | $59.17M | $52.86M | $51.66M | $57.74M | $51.65M | $53.09M | $43.73M | $65.00M | $58.39M | $63.21M | $71.96M | $69.45M | $70.59M | $61.19M | $48.06M | $55.43M | $49.22M | $48.84M | $40.11M | $46.29M | $44.15M | $43.49M | $38.61M | $41.05M | $44.98M |
| Low Forecast | $68.76M | $58.82M | $45.19M | $44.27M | $51.62M | $47.55M | $42.48M | $41.51M | $46.40M | $44.40M | $42.66M | $35.14M | $56.31M | $46.92M | $50.80M | $57.83M | $55.81M | $56.73M | $61.19M | $46.03M | $53.09M | $47.15M | $46.78M | $38.42M | $44.34M | $42.29M | $41.66M | $36.99M | $39.32M | $43.09M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.95% | 0.84% | 1.25% | 0.93% | - | 1.27% | 0.97% | 1.17% | 1.02% | 1.02% | 1.07% | 1.01% | 1.08% | 1.01% | 1.08% | 0.95% |
Legacy Housing's average Quarter revenue forecast for Dec 23 based on 2 analysts is $60.66M, with a low forecast of $56.31M, and a high forecast of $65.00M. LEGH's average Quarter revenue forecast represents a 21.47% increase compared to the company's last Quarter revenue of $49.94M (Sep 23).
Legacy Housing EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.01M | $17.50M | $20.25M | $23.90M | $21.19M | - | $20.14M | $17.35M | $18.72M | $15.56M | $11.47M | $13.79M | $11.47M | $11.72M | $12.24M | $9.37M | $8.45M |
| Avg Forecast | $22.76M | $19.47M | $14.96M | $14.66M | $17.09M | $15.74M | $14.06M | $13.74M | $15.36M | $14.63M | $14.12M | $11.63M | $18.48M | $15.53M | $16.82M | $19.14M | $18.48M | $18.78M | $18.65M | $14.34M | $16.53M | $11.49M | $13.08M | $10.82M | $13.81M | $10.40M | $11.03M | $7.71M | $12.25M | $10.50M |
| High Forecast | $26.07M | $22.30M | $17.14M | $16.79M | $19.57M | $18.03M | $16.11M | $15.74M | $17.59M | $15.74M | $16.18M | $13.33M | $19.81M | $17.79M | $19.26M | $21.93M | $21.16M | $21.51M | $18.65M | $14.65M | $16.89M | $13.78M | $15.70M | $12.98M | $14.11M | $12.48M | $13.23M | $9.25M | $12.51M | $12.60M |
| Low Forecast | $20.95M | $17.92M | $13.77M | $13.49M | $15.73M | $14.49M | $12.94M | $12.65M | $14.14M | $13.53M | $13.00M | $10.71M | $17.16M | $14.30M | $15.48M | $17.62M | $17.01M | $17.29M | $18.65M | $14.03M | $16.18M | $9.19M | $10.47M | $8.65M | $13.51M | $8.32M | $8.82M | $6.17M | $11.98M | $8.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 1.04% | 1.06% | 1.29% | 1.13% | - | 1.40% | 1.05% | 1.63% | 1.19% | 1.06% | 1.00% | 1.10% | 1.06% | 1.59% | 0.77% | 0.80% |
2 analysts predict LEGH's average Quarter EBITDA for Dec 23 to be $18.48M, with a high of $19.81M and a low of $17.16M. This is -2.79% lower than Legacy Housing's previous annual EBITDA (Sep 23) of $19.01M.
Legacy Housing Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.09M | $15.02M | $16.28M | $19.68M | $14.73M | - | $16.09M | $13.69M | $14.73M | $12.43M | $9.02M | $10.49M | $8.45M | $8.60M | $9.03M | $6.86M | $6.14M |
| Avg Forecast | $21.06M | $19.82M | $17.35M | $17.10M | $17.22M | $16.97M | $15.61M | $15.49M | $14.74M | $14.93M | $14.43M | $9.42M | $17.47M | $14.37M | $15.45M | $16.03M | $14.87M | $15.03M | $15.41M | $10.25M | $12.44M | $9.04M | $10.45M | $8.51M | $8.54M | $7.65M | $8.09M | $5.68M | $6.10M | $7.63M |
| High Forecast | $25.04M | $23.57M | $20.62M | $20.33M | $20.48M | $20.18M | $18.56M | $18.41M | $17.53M | $16.54M | $17.16M | $11.20M | $18.95M | $17.09M | $18.37M | $19.05M | $17.68M | $17.87M | $15.41M | $10.53M | $12.79M | $10.85M | $12.54M | $10.21M | $8.78M | $9.19M | $9.71M | $6.82M | $6.27M | $9.15M |
| Low Forecast | $18.89M | $17.77M | $15.55M | $15.33M | $15.44M | $15.22M | $14.00M | $13.89M | $13.22M | $13.32M | $12.94M | $8.44M | $15.75M | $12.89M | $13.85M | $14.37M | $13.33M | $13.48M | $15.41M | $9.96M | $12.09M | $7.23M | $8.36M | $6.81M | $8.30M | $6.12M | $6.47M | $4.55M | $5.93M | $6.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 0.97% | 1.02% | 1.32% | 0.98% | - | 1.57% | 1.10% | 1.63% | 1.19% | 1.06% | 1.23% | 1.10% | 1.06% | 1.59% | 1.12% | 0.80% |
Legacy Housing's average Quarter net income forecast for Dec 23 is $17.47M, with a range of $15.75M to $18.95M. LEGH's average Quarter net income forecast represents a 8.59% increase compared to the company's last Quarter net income of $16.09M (Sep 23).
Legacy Housing SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.11M | $5.53M | $5.54M | $7.66M | $6.95M | - | $7.93M | $7.30M | $5.47M | $5.28M | $5.26M | $4.27M | $5.08M | $4.25M | $5.81M | $6.75M | $6.38M |
| Avg Forecast | $9.32M | $7.97M | $6.12M | $6.00M | $6.99M | $6.44M | $5.76M | $5.63M | $6.29M | $5.99M | $5.78M | $4.76M | $7.57M | $6.36M | $6.88M | $7.84M | $7.56M | $7.69M | $7.63M | $5.87M | $6.77M | $3.35M | $4.44M | $4.96M | $5.65M | $4.60M | $4.00M | $3.66M | $5.01M | $7.92M |
| High Forecast | $10.67M | $9.13M | $7.01M | $6.87M | $8.01M | $7.38M | $6.59M | $6.44M | $7.20M | $6.44M | $6.62M | $5.45M | $8.11M | $7.28M | $7.88M | $8.97M | $8.66M | $8.80M | $7.63M | $5.99M | $6.91M | $4.02M | $5.33M | $5.95M | $5.77M | $5.52M | $4.80M | $4.39M | $5.12M | $9.51M |
| Low Forecast | $8.58M | $7.34M | $5.64M | $5.52M | $6.44M | $5.93M | $5.30M | $5.18M | $5.79M | $5.54M | $5.32M | $4.38M | $7.02M | $5.85M | $6.34M | $7.21M | $6.96M | $7.08M | $7.63M | $5.74M | $6.62M | $2.68M | $3.55M | $3.96M | $5.53M | $3.68M | $3.20M | $2.92M | $4.90M | $6.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.80% | 0.71% | 1.01% | 0.90% | - | 1.35% | 1.08% | 1.63% | 1.19% | 1.06% | 0.76% | 1.10% | 1.06% | 1.59% | 1.35% | 0.80% |
Legacy Housing's average Quarter SG&A projection for Dec 23 is $7.57M, based on 2 Wall Street analysts, with a range of $7.02M to $8.11M. The forecast indicates a 23.86% rise compared to LEGH last annual SG&A of $6.11M (Sep 23).
Legacy Housing EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.66 | $0.62 | $0.67 | $2.18 | $0.60 | - | $0.66 | $0.57 | $0.61 | $0.51 | $0.37 | $0.43 | $0.35 | $0.36 | $0.37 | $0.28 | $0.25 |
| Avg Forecast | $0.85 | $0.80 | $0.70 | $0.69 | $0.69 | $0.69 | $0.63 | $0.63 | $0.59 | $0.60 | $0.58 | $0.38 | $0.70 | $0.58 | $0.62 | $0.65 | $0.60 | $0.61 | $0.61 | $0.42 | $0.51 | $0.43 | $0.43 | $0.34 | $0.35 | $0.30 | $0.34 | $0.27 | $0.25 | $0.33 |
| High Forecast | $1.01 | $0.95 | $0.83 | $0.82 | $0.83 | $0.81 | $0.75 | $0.74 | $0.71 | $0.67 | $0.69 | $0.45 | $0.76 | $0.69 | $0.74 | $0.77 | $0.71 | $0.72 | $0.61 | $0.43 | $0.52 | $0.44 | $0.44 | $0.35 | $0.36 | $0.31 | $0.35 | $0.27 | $0.26 | $0.33 |
| Low Forecast | $0.76 | $0.72 | $0.63 | $0.62 | $0.62 | $0.61 | $0.56 | $0.56 | $0.53 | $0.54 | $0.52 | $0.34 | $0.64 | $0.52 | $0.56 | $0.58 | $0.54 | $0.54 | $0.61 | $0.41 | $0.50 | $0.42 | $0.42 | $0.34 | $0.34 | $0.29 | $0.34 | $0.26 | $0.24 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.99% | 1.04% | 3.63% | 0.99% | - | 1.57% | 1.12% | 1.42% | 1.19% | 1.07% | 1.24% | 1.17% | 1.04% | 1.40% | 1.13% | 0.77% |
According to 2 Wall Street analysts, Legacy Housing's projected average Quarter EPS for Dec 23 is $0.70, with a low estimate of $0.64 and a high estimate of $0.76. This represents a 6.82% increase compared to LEGH previous annual EPS of $0.66 (Sep 23).
Legacy Housing Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BZH | Beazer Homes USA | $33.59 | $41.00 | 22.06% | Buy |
| LEGH | Legacy Housing | $28.23 | $29.50 | 4.50% | Buy |
| CVCO | Cavco Industries | $427.53 | $401.00 | -6.21% | Buy |
| LGIH | LGI Homes | $114.47 | $107.25 | -6.31% | Hold |
| TMHC | Taylor Morrison Home | $68.66 | $64.20 | -6.50% | Buy |
| TPH | Tri Pointe Homes | $44.56 | $40.33 | -9.49% | Buy |
| SKY | Skyline Champion | $95.57 | $81.33 | -14.90% | Hold |
| MHO | M/I Homes | $166.49 | $141.50 | -15.01% | Strong Buy |
| IBP | Installed Building Products | $223.26 | $183.75 | -17.70% | Buy |
| MTH | Meritage Homes | $203.56 | $162.60 | -20.12% | Buy |
| CCS | Century Communities | $103.41 | $60.67 | -41.33% | Buy |
LEGH Forecast FAQ
Is Legacy Housing a good buy?
Yes, according to 3 Wall Street analysts, Legacy Housing (LEGH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of LEGH's total ratings.
What is LEGH's price target?
Legacy Housing (LEGH) average price target is $29.5 with a range of $25 to $34, implying a 4.50% from its last price of $28.23. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Legacy Housing stock go up soon?
According to Wall Street analysts' prediction for LEGH stock, the company can go up by 4.50% (from the last price of $28.23 to the average price target of $29.5), up by 20.44% based on the highest stock price target, and down by -11.44% based on the lowest stock price target.
Can Legacy Housing stock reach $40?
LEGH's average twelve months analyst stock price target of $29.5 does not support the claim that Legacy Housing can reach $40 in the near future.
What are Legacy Housing's analysts' financial forecasts?
Legacy Housing's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $198.99M (high $227.92M, low $183.16M), average EBITDA is $60.64M (high $69.45M, low $55.82M), average net income is $65.3M (high $77.64M, low $58.55M), average SG&A $24.82M (high $28.43M, low $22.84M), and average EPS is $2.63 (high $3.13, low $2.36). LEGH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $235.8M (high $270.07M, low $217.04M), average EBITDA is $71.86M (high $82.3M, low $66.14M), average net income is $75.33M (high $89.57M, low $67.54M), average SG&A $29.41M (high $33.68M, low $27.07M), and average EPS is $3.04 (high $3.61, low $2.73).
Did the LEGH's actual financial results beat the analysts' financial forecasts?
Based on Legacy Housing's last annual report (Dec 2023), the company's revenue was $189.14M, which missed the average analysts forecast of $229.64M by -17.64%. Apple's EBITDA was $64.59M, missing the average prediction of $69.98M by -7.71%. The company's net income was $54.46M, missing the average estimation of $63.32M by -13.99%. Apple's SG&A was $24.28M, missing the average forecast of $28.64M by -15.23%. Lastly, the company's EPS was $2.17, missing the average prediction of $2.55 by -15.07%. In terms of the last quarterly report (Sep 2023), Legacy Housing's revenue was $49.94M, missing the average analysts' forecast of $50.98M by -2.04%. The company's EBITDA was $19.01M, beating the average prediction of $15.53M by 22.40%. Legacy Housing's net income was $16.09M, beating the average estimation of $14.37M by 11.93%. The company's SG&A was $6.11M, missing the average forecast of $6.36M by -3.93%. Lastly, the company's EPS was $0.66, beating the average prediction of $0.58 by 13.79%