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Legacy Housing Corp - LEGH STOCK NEWS

Welcome to our dedicated news page for Legacy Housing (Ticker: LEGH), a resource for investors and traders seeking the latest updates and insights on Legacy Housing.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Legacy Housing's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Legacy Housing's position in the market.

Rhea-AI Summary
Legacy Housing (NASDAQ: LEGH) reports financial results for 2023, showing a decrease in net revenue, income from operations, net income, and basic earnings per share compared to 2022. However, there was an increase in book value and book value per share. The company's President and CEO, Duncan Bates, is optimistic about the future despite the challenges faced in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.6%
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Rhea-AI Summary
Legacy Housing Corporation to release financial results for the full year ended December 31, 2023, and host a conference call on March 18, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
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-
Rhea-AI Summary
Legacy Housing Corporation (NASDAQ: LEGH) announced a decrease in net revenue for Q3 2023 by 12.9% to $49.9 million, but saw an increase in income from operations by 12.8% to $19.0 million. Net income also rose by 9.2% to $16.1 million. Basic earnings per share increased by 10.0% to $0.66, and book value grew by 18.6% to $429.5 million. President and CEO Duncan Bates highlighted the need for affordable housing in the US and indicated positive industry indicators, such as a successful Fall Show and plans for strategic initiatives and capital allocation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.6%
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Rhea-AI Summary
Legacy Housing Corporation will release its third quarter earnings on November 9, 2023, followed by a conference call on November 10, 2023. Registrants can access the call and webcast through provided links. A replay of the webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
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Rhea-AI Summary
Legacy Housing Corporation announces the appointment of Jeff Fiedelman as CFO, replacing Ronald Arrington. Fiedelman brings extensive experience in finance, accounting, and operations to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.18%
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Legacy Housing Corp

Nasdaq:LEGH

LEGH Rankings

LEGH Stock Data

496.08M
11.13M
56.59%
33.35%
1.63%
Manufactured Home (Mobile Home) Manufacturing
Manufacturing
Link
US
Bedford

About LEGH

legacy housing is the brand of choice for thousands of homeowners across america. visit with one of our dealers who can help you select and customize your brand new legacy dream home. looking for the industry's best value in an attractive, comfortable and well-built manufactured home? while others claim to be the best and often come standard with an over inflated sticker price, legacy homes use quality materials and american hand built pride.