Legacy Housing (NASDAQ:LEGH) Posts Earnings Results, Misses Estimates By $0.16 EPS

Legacy Housing (NASDAQ:LEGH) released its quarterly earnings data on Monday. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.16), Zacks reports. Legacy Housing had a return on equity of 11.85% and a net margin of 33.11%.

Legacy Housing Price Performance

LEGH stock traded up $0.88 on Monday, hitting $25.73. 86,433 shares of the company were exchanged, compared to its average volume of 68,031. Legacy Housing has a twelve month low of $21.67 and a twelve month high of $29.31. The business’s fifty day moving average is $24.78 and its two-hundred day moving average is $25.24. The stock has a market capitalization of $620.84 million, a price-to-earnings ratio of 11.86 and a beta of 0.98.

About Legacy Housing

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.