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Legacy Housing CEO Resignation and Interim Appointment

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Legacy Housing CEO Resignation and Interim Appointment

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An update from Legacy Housing ( (LEGH) ) is now available.

On September 27, 2025, Robert Duncan Bates, the President and CEO of Legacy Housing, resigned effective October 10, 2025, citing personal reasons unrelated to company disagreements. Kenneth E. Shipley, the Co-founder and Executive Vice President, assumed the role of interim CEO on October 1, 2025, until a permanent replacement is found, with no additional compensation for his interim duties.

The most recent analyst rating on (LEGH) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Legacy Housing stock, see the LEGH Stock Forecast page.

Spark’s Take on LEGH Stock

According to Spark, TipRanks’ AI Analyst, LEGH is a Outperform.

Legacy Housing’s overall stock score is driven by its strong financial performance and attractive valuation. The technical analysis indicates potential overbought conditions, which could lead to short-term volatility. The earnings call provided a balanced view with both positive growth indicators and challenges. The absence of corporate events does not impact the score.

To see Spark’s full report on LEGH stock, click here.

More about Legacy Housing

Average Trading Volume: 68,217

Technical Sentiment Signal: Strong Buy

Current Market Cap: $654.5M

See more data about LEGH stock on TipRanks’ Stock Analysis page.

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