Legacy Housing Corp · Mobile Homes

LEGH

Low riskNext report: Due any day

View price ↗

The short version

A high-quality, profitable business with growing sales.

Going well

Sales up 32% in the latest quarter vs a year ago
Profitable every year for 8 years
Brings in more cash than it spends

Watch out for

Revenue down 10.7% from the year before

Money moves

No insider buying or selling in the last 30 days
Institutions added 1.3% to their holdings in the quarter ending June 2026 (66 bought, 39 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$28.31+0.9% that day

Company value: $673M; Share price times all shares
Price vs profit (P/E): 13.0x; You pay about $13 for each $1 of yearly profit
Price vs sales: 3.8x; Company value is 3.8 times a year of sales
Cash vs value: 4%; Cash as a share of company value
Debt vs value: 0%; Debt as a share of company value

From LEGH's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$66.3M+32% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $179.4M, down 2.6% from the 12 months before. Over 5 years, sales shrank about 1.4% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of LEGH. Starting points are the company's recent numbers.

Sales growth-3% a yearRecently: -2.6% a yearProfit margin29%Last 12 months: 28.6%P/E at the end13xToday: 13.0x. Many steady companies trade at 12x to 25xShare count change-1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$154M

Profit in 5 years$45M

Price these guesses point to$25.69-9.3% vs $28.31 todayAbout -1.9% a year, before dividends

What today's price needs: with a 29% margin and a 13x P/E, sales could shrink about 1.1% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

5/6Strong

MissReturn on equity 15%+Earns a lot on the money owners have in the business.8.2%
PassDebt under half of equityNot relying on borrowed money.0.00x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.25.4%
PassProfitable every yearSteady profits, not one good year.8 of 8 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$28.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-3.1% in 3 years

Revenue: $164.6M; -10.7% vs prior year
5-year growth: -1.4%/yr; revenue, per year
Total debt: $1.2M; 0.00x equity
Current ratio: 3.51x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported May 8

Revenue: $66.3M; +32.3% YoY
EPS: $0.99; vs $0.60
Op. margin: 39.9%; +6.4 pts
Gross margin: 49.5%; +1.2 pts
Free cash flow: $12.3M
Share count: -3.2%; vs a year ago

Insider rating

Last 90 days

No open-market insider buys or sells in the last 90 days.

Weekly insider trend

No trades to chart yet.

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 0.6
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+1.3%

Institutions added 1.3% to their holdings. 66 bought, 39 sold.

Shares held by institutions9.7M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-0.8%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.0x · $899K debt

Shares outstandingLatest reported

24M

Why low risk

Revenue down 10.7% from the year before

Earnings reports

Last 12

Next reportDue any dayEstimated from the same quarter last year

Results filedMay 8
Results filedNov 7, 2025
Results filedNov 14, 2024
Results filedAug 13, 2024
Results filedMay 14, 2024

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

No offerings, red flags or new big holders. Clean record.

Insider trades

Open-market buys and sells, last 90 days

No open-market buys or sells in 90 days. Grants and option exercises are left out.

"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.

Latest filings

Straight from SEC EDGAR

Proxy statementSep 18 · Form DEF 14A ↗ARSSep 18 · Form ARS ↗

Stock awardSkyler Michelle HowtonDirector

479 shares

+123% of holdings
Now owns 869 shares
Filed 251 days after trade

Dec 18, 2025Form 4 ↗

Stock awardJeffrey Kyle StouderDirector

479 shares

+4% of holdings
Now owns 12,902 shares
Filed 251 days after trade

Dec 18, 2025Form 4 ↗

Stock awardBrian FergusonDirector

479 shares

+123% of holdings
Now owns 869 shares
Filed 251 days after trade

Dec 18, 2025Form 4 ↗

Leadership changeAug 18 · Form 8-K ↗Other company newsAug 14 · Form 8-K ↗Quarterly reportAug 5 · Form 10-Q ↗Leadership changeJul 22 · Form 8-K ↗Earnings resultsMay 8 · Form 8-K ↗Quarterly reportMay 7 · Form 10-Q ↗Annual reportMar 12 · Form 10-K ↗

Stock awardJon LangbertChief Financial Officer

25,189 shares

Now owns 25,189 shares
Exercise price $19.85
Employee Stock Option (right to buy)
Filed 81 days after trade

Dec 19, 2025Form 4 ↗

New insiderFeb 23 · Form 3 ↗Shareholder vote resultsDec 19, 2025 · Form 8-K ↗

Source: SEC EDGAR filings. For informational purposes. Not investment advice.

Report a problem with this page