Legacy Housing Stock Price, News & Analysis

Legacy Housing (NASDAQ: LEGH) agreed to acquire substantially all assets of AmeriCasa Solutions, LLC, including the FutureHomeX® sales management platform, in an all-cash transaction announced Nov 7, 2025.

The deal includes a high-performing Houston retail dealership, a chattel mortgage loan portfolio, an insurance agency and a services center in Bogotá, Colombia. Closing is to occur on or before Nov 28, 2025. Legacy also named AmeriCasa CEO Norman Newton as Chief Revenue Officer under a five-year employment agreement.

Legacy said the acquisition and new CRO will support a strategy to expand company-owned stores, increase sales via company-owned stores and affiliates, and deploy FutureHomeX® to automate and scale the homebuying experience across its network of over 100 independent retailers and 12 company-owned stores.

Legacy Housing (NASDAQ: LEGH) completed a company realignment and introduced the Legacy 250 initiative and Legacy Ultimate Series ahead of 2026. New product features include taller roof pitches, wider floors, vaulted ceilings, an optional 8x12 shed storage module, and an under-home 21 SEER concealed-duct mini-split heat pump. The company emphasized modern floorplans with integrated dining bars, media-focused family rooms and hotel-quality walk-in showers.

The Board completed a year-long strategic review; the CEO, CFO and General Counsel resigned and Kenny Shipley and Ron Arrington are serving as interim CEO and interim CFO while the Board evaluates candidates for a refreshed management team focused on manufacturing and operational efficiency.

Legacy Housing Corporation (NASDAQ: LEGH) reported its Q2 2025 financial results, showing mixed performance. Net revenue increased 18.0% to $50.2 million compared to Q2 2024, driven by higher average selling prices and increased unit volumes. Income from operations grew 4.9% to $16.8 million, while net income decreased 9.2% to $14.7 million.

The company demonstrated confidence in its long-term value by repurchasing 260,635 shares for $5.8 million during Q2 2025. Book value per share improved by 11.2% to $21.32, while basic EPS declined 9.0% to $0.61. Management highlighted progress in retail footprint and land development projects, while acknowledging ongoing market uncertainty and tariff-related risks.

Legacy Housing Corporation (NASDAQ: LEGH) has scheduled its second quarter 2025 financial results announcement. The company will release its Q2 2025 results after market close on Thursday, August 7, 2025.

A conference call to discuss the results will be held on Friday, August 8, 2025, at 10:00 a.m. Central Time. Interested participants must pre-register through the provided link to receive dial-in details. A replay of the webcast will be available on the company's investor relations website approximately two hours after the call and will remain accessible for one year.

Legacy Housing Corporation (NASDAQ: LEGH) reported its Q1 2025 financial results, showing significant declines across key metrics. Net revenue decreased 17.5% to $35.7 million, while income from operations fell 30.8% to $11.6 million compared to Q1 2024. Net income dropped 32.1% to $10.3 million, and basic earnings per share decreased 30.6% to $0.43. However, the company's book value per share increased 13.1% to $20.87, with total book value exceeding $500 million for the first time. CEO Duncan Bates noted that while inventory finance sales exceeded expectations, community shipments underperformed. The company has implemented strategic changes, including simplified product offerings, new financing solutions for community owners, and key personnel additions in manufacturing and retail positions.

Legacy Housing Corporation (NASDAQ: LEGH) has scheduled the release of its first quarter 2025 financial results. The earnings announcement will take place after market hours on Monday, May 12, 2025.

The company will follow up with a conference call on Tuesday, May 13, 2025, at 10:00 a.m. Central Time. Interested participants must pre-register through the provided link to receive dial-in details.

For those unable to attend the live call, a replay of the webcast will be made available on the company's investor relations website at investors.legacyhousingcorp.com. The recording will be accessible approximately two hours after the call concludes and will remain archived on the site for one year.

Legacy Housing (NASDAQ: LEGH) has released its full-year 2024 financial results, showing mixed performance. Net revenue decreased 2.6% to $184.2 million, while income from operations declined 1.5% to $63.6 million compared to 2023.

However, the company reported positive metrics with net income increasing 13.2% to $61.6 million and basic earnings per share rising 14.3% to $2.55. The company's book value grew 13.1% to $494.0 million, with book value per share increasing 13.9% to $20.40.

CEO Duncan Bates highlighted strong demand for affordable housing and expressed confidence in Legacy's positioning for 2025, noting the company's integrated business model and successful capital deployment strategy, which has led to a nearly 60% increase in book value over the past three years.

Legacy Housing (NASDAQ: LEGH) has scheduled its full year 2024 financial results release for Wednesday, March 12, 2025, after market close. The company will host a conference call to discuss the results on Thursday, March 13, 2025, at 10:00 a.m. Central Time. Interested participants must pre-register for the call through a provided link to receive dial-in details. A webcast replay will be available on the company's investor relations website approximately two hours after the call and will remain accessible for one year.

Legacy Housing (LEGH) reported its Q3 2024 financial results, showing mixed performance. Net revenue decreased 11.4% to $44.3 million, while income from operations fell 19.4% to $15.3 million compared to Q3 2023. Net income saw a slight decrease of 1.8% to $15.8 million, with basic EPS at $0.65. However, book value increased 11.6% to $479.3 million, with book value per share up 12.7% to $19.84. The company reported strong customer attendance at their 2024 Fall Show, with orders extending their backlog into Q1 2025.