Legacy Housing (LEGH) Stock Forecast, Price Target & Predictions

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LEGH Stock Forecast

Legacy Housing stock forecast is as follows: an average price target of $29.50 (represents a 12.42% upside from LEGH’s last price of $26.24) 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 12.42% upside from LEGH's last price of $26.24.

LEGH Analyst Ratings

Buy

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%	-4.73%
Sep 16, 2022	-	Lake Street	$34.00	$17.05	99.41%	29.57%

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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 -4.73% decrease from LEGH last price ($26.24).

Legacy Housing Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$25.00
Last Closing Price	$26.24	$26.24	$26.24
Upside/Downside	-100.00%	-100.00%	-4.73%

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 $26.24. 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

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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	$74.67M	$63.87M	$49.12M	$48.10M	$56.08M	$51.65M	$46.14M	$45.11M	$50.40M	$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	$74.67M	$63.87M	$49.12M	$48.10M	$56.08M	$51.65M	$46.14M	$45.11M	$50.40M	$48.69M	$46.35M	$38.18M	$65.00M	$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
Low Forecast	$74.67M	$63.87M	$49.12M	$48.10M	$56.08M	$51.65M	$46.14M	$45.11M	$50.40M	$41.85M	$46.35M	$38.18M	$56.31M	$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
# Analysts	1	1	1	1	1	1	1	1	1	3	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	1	3	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	$22.76M	$19.46M	$14.97M	$14.66M	$17.09M	$15.74M	$14.06M	$13.75M	$15.36M	$13.80M	$14.12M	$11.63M	$18.48M	$15.53M	$16.82M	$19.14M	$18.48M	$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	$22.76M	$19.46M	$14.97M	$14.66M	$17.09M	$15.74M	$14.06M	$13.75M	$15.36M	$14.84M	$14.12M	$11.63M	$19.81M	$15.53M	$16.82M	$19.14M	$18.48M	$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	$22.76M	$19.46M	$14.97M	$14.66M	$17.09M	$15.74M	$14.06M	$13.75M	$15.36M	$12.75M	$14.12M	$11.63M	$17.16M	$15.53M	$16.82M	$19.14M	$18.48M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.22%	1.04%	1.06%	1.29%	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 $18.48M, 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	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	1	3	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	$21.08M	$19.90M	$17.45M	$17.14M	$17.22M	$16.93M	$15.59M	$15.46M	$14.75M	$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	$21.08M	$19.90M	$17.45M	$17.14M	$17.22M	$16.93M	$15.59M	$15.46M	$14.75M	$16.56M	$14.46M	$9.43M	$18.97M	$14.39M	$15.47M	$16.04M	$14.89M	$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	$21.08M	$19.90M	$17.45M	$17.14M	$17.22M	$16.93M	$15.59M	$15.46M	$14.75M	$13.34M	$14.45M	$9.43M	$15.77M	$14.39M	$15.47M	$16.04M	$14.89M	$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	1	3	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	$9.31M	$7.97M	$6.13M	$6.00M	$6.99M	$6.44M	$5.75M	$5.63M	$6.29M	$5.65M	$5.78M	$4.76M	$7.57M	$6.36M	$6.88M	$7.84M	$7.56M	$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	$9.31M	$7.97M	$6.13M	$6.00M	$6.99M	$6.44M	$5.75M	$5.63M	$6.29M	$6.07M	$5.78M	$4.76M	$8.11M	$6.36M	$6.88M	$7.84M	$7.56M	$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	$9.31M	$7.97M	$6.13M	$6.00M	$6.99M	$6.44M	$5.75M	$5.63M	$6.29M	$5.22M	$5.78M	$4.76M	$7.02M	$6.36M	$6.88M	$7.84M	$7.56M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	0.80%	0.71%	1.01%	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 $7.57M, 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	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	1	3	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	$0.85	$0.80	$0.70	$0.69	$0.69	$0.68	$0.63	$0.62	$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	$0.85	$0.80	$0.70	$0.69	$0.69	$0.68	$0.63	$0.62	$0.59	$0.67	$0.58	$0.38	$0.76	$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
Low Forecast	$0.85	$0.80	$0.70	$0.69	$0.69	$0.68	$0.63	$0.62	$0.59	$0.54	$0.58	$0.38	$0.64	$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
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
MHO	M/I Homes	$153.61	$197.50	28.57%	Strong Buy
BZH	Beazer Homes USA	$31.96	$41.00	28.29%	Buy
LEGH	Legacy Housing	$26.24	$29.50	12.42%	Buy
MTH	Meritage Homes	$177.92	$190.00	6.79%	Buy
TMHC	Taylor Morrison Home	$69.79	$73.83	5.79%	Buy
LGIH	LGI Homes	$103.93	$107.25	3.19%	Hold
CVCO	Cavco Industries	$466.18	$475.00	1.89%	Buy
TPH	Tri Pointe Homes	$41.38	$40.33	-2.54%	Hold
SKY	Skyline Champion	$96.52	$86.25	-10.64%	Hold
IBP	Installed Building Products	$207.73	$178.00	-14.31%	Buy
CCS	Century Communities	$85.64	$60.67	-29.16%	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 12.42% from its last price of $26.24. 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 12.42% (from the last price of $26.24 to the average price target of $29.5), up by 29.57% based on the highest stock price target, and down by -4.73% 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 $198.99M, low $198.99M), average EBITDA is $60.64M (high $60.64M, low $60.64M), average net income is $65.2M (high $65.2M, low $65.2M), average SG&A $24.82M (high $24.82M, low $24.82M), and average EPS is $2.63 (high $2.63, low $2.63). LEGH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $235.76M (high $235.76M, low $235.76M), average EBITDA is $71.84M (high $71.84M, low $71.84M), average net income is $75.57M (high $75.57M, low $75.57M), average SG&A $29.4M (high $29.4M, low $29.4M), and average EPS is $3.05 (high $3.05, low $3.05).

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 $63.39M by -14.09%. 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 $14.39M by 11.80%. 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%