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 18.95% upside from LEGH’s last price of $24.80) 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 18.95% upside from LEGH's last price of $24.80.
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% | 0.81% |
| Sep 16, 2022 | Lake Street | $34.00 | $17.05 | 99.41% | 37.10% |
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 0.81% increase from LEGH last price ($24.80).
Legacy Housing Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $25.00 |
| Last Closing Price | $24.80 | $24.80 | $24.80 |
| Upside/Downside | -100.00% | -100.00% | 0.81% |
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 $24.80. 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 | Jun 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 | $64.21M | $59.93M | $52.51M | $56.47M | $48.59M | $39.94M | $48.70M | $43.74M | $46.01M | $38.27M | $43.30M | $41.94M |
| Avg Forecast | $53.50M | $49.70M | $49.70M | $47.60M | $48.75M | $46.25M | $45.80M | $45.35M | $44.94M | $45.27M | $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 | $54.38M | $50.52M | $50.52M | $48.38M | $49.55M | $47.01M | $46.55M | $46.09M | $46.75M | $46.93M | $46.35M | $38.18M | $65.00M | $51.81M | $56.09M | $63.86M | $61.63M | $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 |
| Low Forecast | $52.89M | $49.14M | $49.14M | $47.06M | $48.20M | $45.73M | $45.28M | $44.84M | $43.13M | $43.61M | $46.35M | $38.18M | $56.31M | $50.40M | $54.56M | $62.11M | $59.95M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.95% | 0.84% | 1.25% | 0.93% | 1.05% | 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 | Jun 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 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.01M | $17.50M | $20.25M | $23.90M | $21.19M | $21.71M | $20.14M | $17.35M | $18.72M | $15.56M | $11.47M | $13.79M | $11.47M | $11.72M | $12.24M | $9.37M | $8.45M |
| Avg Forecast | $16.55M | $15.37M | $15.37M | $14.72M | $15.08M | $14.31M | $14.17M | $14.03M | $13.90M | $14.00M | $14.34M | $11.81M | $18.76M | $15.77M | $17.07M | $19.43M | $18.76M | $18.78M | $18.65M | $14.34M | $16.53M | $14.68M | $14.57M | $10.82M | $13.81M | $13.17M | $12.97M | $7.71M | $12.25M | $13.42M |
| High Forecast | $16.82M | $15.63M | $15.63M | $14.97M | $15.33M | $14.54M | $14.40M | $14.26M | $14.46M | $14.52M | $14.34M | $11.81M | $20.11M | $16.03M | $17.35M | $19.75M | $19.06M | $18.78M | $18.65M | $14.34M | $16.53M | $14.68M | $14.57M | $12.98M | $13.81M | $13.17M | $12.97M | $9.25M | $12.25M | $13.42M |
| Low Forecast | $16.36M | $15.20M | $15.20M | $14.56M | $14.91M | $14.14M | $14.01M | $13.87M | $13.34M | $13.49M | $14.34M | $11.81M | $17.42M | $15.59M | $16.88M | $19.21M | $18.54M | $18.78M | $18.65M | $14.34M | $16.53M | $14.68M | $14.57M | $8.65M | $13.81M | $13.17M | $12.97M | $6.17M | $12.25M | $13.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 1.03% | 1.04% | 1.27% | 1.13% | 1.16% | 1.40% | 1.05% | 1.27% | 1.07% | 1.06% | 1.00% | 0.87% | 0.90% | 1.59% | 0.77% | 0.63% |
2 analysts predict LEGH's average Quarter EBITDA for Dec 23 to be $18.76M, with a high of $20.11M and a low of $17.42M. This is -1.32% 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 | Jun 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 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.09M | $15.02M | $16.28M | $19.68M | $14.73M | $17.26M | $16.09M | $13.69M | $14.73M | $12.43M | $9.02M | $10.49M | $8.45M | $8.60M | $9.03M | $6.86M | $6.14M |
| Avg Forecast | $17.37M | $16.87M | $17.12M | $16.62M | $15.51M | $15.51M | $15.51M | $15.38M | $13.58M | $14.95M | $14.45M | $9.43M | $17.49M | $14.39M | $15.47M | $16.04M | $14.89M | $15.03M | $15.20M | $10.41M | $12.64M | $10.66M | $10.66M | $8.51M | $8.67M | $7.43M | $8.55M | $5.68M | $6.20M | $8.05M |
| High Forecast | $17.74M | $17.23M | $17.48M | $16.98M | $15.84M | $15.84M | $15.84M | $15.71M | $14.99M | $15.10M | $14.46M | $9.63M | $18.97M | $14.70M | $15.80M | $16.39M | $15.20M | $15.03M | $15.20M | $10.41M | $12.64M | $10.66M | $10.66M | $10.21M | $8.67M | $7.43M | $8.55M | $6.82M | $6.20M | $8.05M |
| Low Forecast | $17.11M | $16.62M | $16.87M | $16.38M | $15.28M | $15.28M | $15.28M | $15.16M | $11.94M | $14.79M | $14.45M | $9.29M | $15.77M | $14.18M | $15.24M | $15.81M | $14.67M | $15.03M | $15.20M | $10.41M | $12.64M | $10.66M | $10.66M | $6.81M | $8.67M | $7.43M | $8.55M | $4.55M | $6.20M | $8.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 0.97% | 1.01% | 1.32% | 0.98% | 1.14% | 1.55% | 1.08% | 1.38% | 1.17% | 1.06% | 1.21% | 1.14% | 1.01% | 1.59% | 1.11% | 0.76% |
Legacy Housing's average Quarter net income forecast for Dec 23 is $17.49M, with a range of $15.77M to $18.97M. LEGH's average Quarter net income forecast represents a 8.72% 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 | Jun 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 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.11M | $5.53M | $5.54M | $7.66M | $6.95M | $6.34M | $7.93M | $7.30M | $5.47M | $5.28M | $5.26M | $4.27M | $5.08M | $4.25M | $5.81M | $6.75M | $6.38M |
| Avg Forecast | $6.77M | $6.29M | $6.29M | $6.03M | $6.17M | $5.86M | $5.80M | $5.74M | $5.69M | $5.73M | $5.87M | $4.83M | $7.68M | $6.45M | $6.99M | $7.95M | $7.68M | $7.69M | $7.63M | $5.87M | $6.77M | $6.01M | $5.96M | $4.96M | $5.65M | $5.39M | $5.31M | $3.66M | $5.01M | $5.49M |
| High Forecast | $6.88M | $6.40M | $6.40M | $6.13M | $6.27M | $5.95M | $5.89M | $5.84M | $5.92M | $5.94M | $5.87M | $4.83M | $8.23M | $6.56M | $7.10M | $8.08M | $7.80M | $7.69M | $7.63M | $5.87M | $6.77M | $6.01M | $5.96M | $5.95M | $5.65M | $5.39M | $5.31M | $4.39M | $5.01M | $5.49M |
| Low Forecast | $6.70M | $6.22M | $6.22M | $5.96M | $6.10M | $5.79M | $5.73M | $5.68M | $5.46M | $5.52M | $5.87M | $4.83M | $7.13M | $6.38M | $6.91M | $7.86M | $7.59M | $7.69M | $7.63M | $5.87M | $6.77M | $6.01M | $5.96M | $3.96M | $5.65M | $5.39M | $5.31M | $2.92M | $5.01M | $5.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.79% | 0.70% | 1.00% | 0.90% | 0.83% | 1.35% | 1.08% | 0.91% | 0.89% | 1.06% | 0.76% | 0.94% | 0.80% | 1.59% | 1.35% | 1.16% |
Legacy Housing's average Quarter SG&A projection for Dec 23 is $7.68M, based on 2 Wall Street analysts, with a range of $7.13M to $8.23M. The forecast indicates a 25.73% 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 | Jun 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 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.66 | $0.62 | $0.67 | $2.18 | $0.60 | $0.71 | $0.66 | $0.57 | $0.61 | $0.51 | $0.37 | $0.43 | $0.35 | $0.36 | $0.37 | $0.28 | $0.25 |
| Avg Forecast | $0.70 | $0.68 | $0.69 | $0.67 | $0.63 | $0.63 | $0.63 | $0.62 | $0.55 | $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 | $0.71 | $0.69 | $0.70 | $0.68 | $0.64 | $0.64 | $0.64 | $0.63 | $0.60 | $0.61 | $0.58 | $0.39 | $0.76 | $0.59 | $0.64 | $0.66 | $0.61 | $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 |
| Low Forecast | $0.69 | $0.67 | $0.68 | $0.66 | $0.62 | $0.62 | $0.62 | $0.61 | $0.48 | $0.60 | $0.58 | $0.37 | $0.64 | $0.57 | $0.61 | $0.64 | $0.59 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.99% | 1.04% | 3.63% | 0.99% | 1.16% | 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 | $28.32 | $45.00 | 58.90% | Buy |
| MHO | M/I Homes | $136.11 | $197.50 | 45.10% | Strong Buy |
| LGIH | LGI Homes | $90.37 | $125.00 | 38.32% | Hold |
| TPH | Tri Pointe Homes | $37.16 | $51.00 | 37.24% | Hold |
| IBP | Installed Building Products | $177.24 | $239.50 | 35.13% | Buy |
| MTH | Meritage Homes | $156.10 | $206.80 | 32.48% | Buy |
| TMHC | Taylor Morrison Home | $61.16 | $77.20 | 26.23% | Buy |
| LEGH | Legacy Housing | $24.91 | $29.50 | 18.43% | Buy |
| CVCO | Cavco Industries | $450.62 | $475.00 | 5.41% | Buy |
| SKY | Skyline Champion | $91.89 | $89.00 | -3.15% | Hold |
| CCS | Century Communities | $75.54 | $60.67 | -19.68% | Buy |