Legacy Housing (NASDAQ:LEGH) released its earnings results on Tuesday. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.32 by $0.03, MarketWatch Earnings reports. Legacy Housing had a net margin of 18.06% and a return on equity of 13.50%.
Legacy Housing stock opened at $15.00 on Friday. The firm has a market cap of $362.88 million, a PE ratio of 11.90 and a beta of 1.13. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.81 and a current ratio of 1.73. The firm’s 50 day moving average price is $14.40 and its two-hundred day moving average price is $13.71. Legacy Housing has a twelve month low of $8.50 and a twelve month high of $17.50.
In other news, Chairman Curtis Drew Hodgson sold 10,000 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $16.18, for a total transaction of $161,800.00. Following the transaction, the chairman now owns 2,690,734 shares in the company, valued at approximately $43,536,076.12. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Kenneth E. Shipley sold 6,020 shares of the stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $15.92, for a total transaction of $95,838.40. Following the transaction, the chief executive officer now owns 3,145,181 shares in the company, valued at approximately $50,071,281.52. The disclosure for this sale can be found here. In the last quarter, insiders sold 75,385 shares of company stock worth $1,157,138. Company insiders own 49.10% of the company’s stock.
Legacy Housing Company Profile
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms.
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