Legacy Housing Corp (LEGH)
NASDAQ:LEGH
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Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.44Last Year’s EPS
0.43Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced mix of positive balance-sheet strength, loan-portfolio growth, strong operating cash flow, credit quality and strategic opportunities (workforce/data center demand, share buybacks), against meaningful near-term operating challenges including lower revenue and unit volumes (~20% decline), compressed margins, higher SG&A driven by increased loan loss provisions and transaction costs, significant one-time/recurring comparables that reduced nonoperating income, tariff-driven cost increases, and capacity and labor headwinds. Management emphasized conservative capitalization and opportunistic repurchases while signaling that many cost pressures and reserves that weighed on 2025 are largely recognized and should moderate in 2026.Company Guidance
Strong cash position and low leverage
Ended 2025 with $8.5 million in cash (up from $1.1 million in 2024) and essentially zero draw on a $50 million revolving credit facility (only $1.2 million drawn). Management highlighted this as a strong position to fund growth.
Book value and return on equity
Stockholders' equity was $528.6 million and book value per share rose to $22.20, up about 8.6% year-over-year. Legacy delivered an 8.2% return on shareholders' equity for 2025.
Higher net revenue per unit sold
Net revenue per unit sold increased 13% to $68,700 (from $60,800 in 2024) as the company implemented price increases to offset rising raw material costs and tariffs.
Loan portfolio growth and interest income
Consumer loan portfolio grew 14% to $203.6 million, contributing to a 6.1% increase in consumer/mobile home park/dealer loan interest income to $43.7 million for the year. Q4 loan interest income was about $11.3 million, up year-over-year.
Operating cash flow and profitability history
Operating cash flow was strong at $37.2 million for the year. Management emphasized the company has never had a quarterly loss in its history and remains consistently profitable.
Improved Q4 production and backlog from trade show
Q4 production strengthened due to the fall Fort Worth show, generating strong dealer and park orders that drove materially higher production in Q4 relative to Q3 and backlog extending into 1Q/2Q 2026.
High credit quality across portfolios
At year-end, 98.4% of mobile home park notes and 97.4% of consumer loans were current or fewer than 30 days past due, reflecting strong credit performance despite a modest uptick in charge-offs.
Strategic initiatives and new demand channels
Company initiated a $10 million share repurchase program, completed the small tuck-in AmeriCasa acquisition (added consumer loan portfolio, retail location, technology), and reported orders for 500+ workforce housing units tied to data center and workforce housing opportunities.
LEGH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LEGH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $19.41 | $18.79 | -3.19% |
Nov 07, 2025 | $22.22 | $20.88 | -6.03% |
Aug 07, 2025 | $23.59 | $24.49 | +3.82% |
May 12, 2025 | $25.73 | $23.54 | -8.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Legacy Housing Corp (LEGH) report earnings?
Legacy Housing Corp (LEGH) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Legacy Housing Corp (LEGH) earnings time?
Legacy Housing Corp (LEGH) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LEGH EPS forecast?
LEGH EPS forecast for the fiscal quarter 2026 (Q1) is 0.44.