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Legacy Housing operates in a niche market, offering affordable tiny and manufactured homes, with a strong value proposition and low debt profile. Recent financial performance has been weak due to economic headwinds, with declining revenues and unit sales, but profitability remains solid thanks to land sales. Despite near-term challenges and a higher forward valuation, I see long-term upside as the company is well-positioned for an eventual economic recovery.
Legacy Housing Corporation (NASDAQ:LEGH ) Q1 2025 Earnings Conference Call May 13, 2025 11:00 AM ET Company Participants Duncan Bates – President and Chief Executive Officer Max Africk – General Counsel Jeff Fiedelman – Chief Financial Officer Conference Call Participants Mark Smith – Lake Street Stefano Latapy – Cannell Capital LLC Operator Good day and thank you for standing by. Welcome to the Legacy Housing Corporation Q1 2025 Earnings Conference Call.
BEDFORD, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) today announced its financial results for the first quarter ended March 31, 2025.
BEDFORD, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the first quarter ended March 31, 2025, after markets close on Monday, May 12, 2025. The Company will then host a conference call at 10:00 a.m. Central Time on Tuesday, May 13, 2025.
Legacy Housing Corp. shares gained 2.8%, outperforming the S&P 500's -7.4% decline, driven by unlocking 'hidden' assets and improved financial performance. Despite a 2.6% revenue decline in 2024, Q4 revenue surged 60.7% Y/Y, breaking a seven-quarter negative growth streak, with EPS beating estimates. The lending business expanded significantly, contributing over 20% to revenue, while net income margins rose to 33.5%, far above the sector median.
Legacy Housing Corporation (NASDAQ:LEGH ) Q4 2024 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Duncan Bates - President & CEO Max Africk - General Counsel Jeffrey Fiedelman - CFO Conference Call Participants Mark Smith - Lake Street Daniel Moore - CJS Securities Operator Hello, everyone, and welcome to the Legacy Housing Corporation Full Year 2024 Earnings Call. At this time, all participants are in a listen-only mode.
BEDFORD, Texas, March 12, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) today announced its financial results for the full year end December 31, 2024.
BEDFORD, Texas, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the full year ended December 31, 2024, after markets close on Wednesday, March 12, 2025. The Company will then host a conference call at 10:00 a.m. Central Time on Thursday, March 13, 2025.
Legacy Housing Corporation, a top manufacturer of tiny homes, faces fluctuating financial performance but remains attractive due to low debt and strong profit margins. Despite recent revenue and unit sales declines, the company's homes are significantly cheaper, appealing to buyers with annual incomes under $75,000. With interest in tiny homes remaining elevated and potential benefits from future interest rate declines, Legacy Housing is rated a soft 'buy'.
Legacy Housing Corporation (NASDAQ:LEGH ) Q2 2024 Earnings Conference Call August 9, 2024 11:00 AM ET Company Participants Duncan Bates - President & Chief Executive Officer Max Africk - General Counsel Jeffrey Fiedelman - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities. Mark Smith - Lake Street Jay McCanless - Wedbush George Melas-Kyriazi - MKH Management Alex Rygiel - B.