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Legacy Housing Corp (LEGH) Stock Fundamental Analysis & AI Rating 2026

LEGH Nasdaq Mobile Homes TX CIK: 0001436208
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2033-03-31
Combined AI Rating
BUY
64% Confidence
AGREEMENT
HOLD
65% Conf
BUY
62% Conf

📊 LEGH Key Takeaways

Revenue: $164.6M
Net Margin: 25.4%
Free Cash Flow: $28.2M
Current Ratio: 3.51x
Debt/Equity: 0.00x
EPS: $1.74
AI Rating: HOLD with 65% confidence
Legacy Housing Corp (LEGH) receives a BUY rating with 64% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $164.6M, net profit margin of 25.4%, and return on equity (ROE) of 7.9%, Legacy Housing Corp demonstrates strong fundamentals in the Market sector. Below is our complete LEGH stock analysis for 2026.

Is Legacy Housing Corp (LEGH) a Good Investment?

Claude

Legacy Housing exhibits impressive 40.7% revenue growth with exceptional net margins (25.4%), but concerning earnings quality with flat net income and 29.8% EPS decline signals margin compression or operational headwinds. Zero debt and strong liquidity provide financial stability, yet low ROE (7.9%) despite high margins indicates poor capital efficiency and execution challenges in scaling.

ChatGPT

Legacy Housing delivers robust operating and net margins with solid free cash flow and a debt‑free, highly liquid balance sheet. Rapid revenue growth contrasts with flat net income and a sharp EPS decline, suggesting margin pressure or dilution that warrants monitoring. If margins hold and per‑share metrics stabilize, fundamentals support continued compounding.

Why Buy Legacy Housing Corp Stock? LEGH Key Strengths

Claude
  • + Strong revenue growth of 40.7% YoY demonstrates robust demand in mobile home sector
  • + Exceptional profitability with 29.4% operating margin and 25.4% net margin showing strong pricing power
  • + Zero debt with 0.00x debt-to-equity ratio and minimal financial risk profile
  • + Solid liquidity metrics (3.51x current ratio) and positive free cash flow of 28.2M provide operational cushion
ChatGPT
  • + Debt-free balance sheet with strong liquidity and very high interest coverage
  • + High operating/net margins and solid FCF generation (17.1% FCF margin)
  • + Strong top-line growth (+40.7% YoY)

LEGH Stock Risks: Legacy Housing Corp Investment Risks

Claude
  • ! Critical earnings quality issue: Net income flat YoY while revenue surged 40.7%, indicating margin erosion or rising costs
  • ! EPS declined 29.8% despite stable net income, revealing significant shareholder dilution or share buyback activity
  • ! Weak capital returns with ROE 7.9% and ROA 7.2% despite elite margins suggest inefficient asset deployment
  • ! Minimal cash position of 8.5M relative to 580M asset base may constrain strategic opportunities or crisis response
ChatGPT
  • ! Diluted EPS down 29.8% YoY indicates potential dilution/earnings quality issues
  • ! Flat net income despite strong revenue growth suggests margin compression or rising costs
  • ! Cyclicality of manufactured housing demand and sensitivity to interest rates

Key Metrics to Watch

Claude
  • * Gross margin trend and input cost pressure in manufacturing segment
  • * Operating leverage realization as revenue scales
  • * Return on Equity progression to validate capital allocation decisions
  • * Working capital management and cash conversion cycle efficiency
ChatGPT
  • * Operating margin trend vs revenue growth
  • * Diluted shares outstanding/EPS dilution

Legacy Housing Corp (LEGH) Financial Metrics & Key Ratios

Revenue
$164.6M
Net Income
$41.8M
EPS (Diluted)
$1.74
Free Cash Flow
$28.2M
Total Assets
$580.3M
Cash Position
$8.5M

💡 AI Analyst Insight

Strong liquidity with a 3.51x current ratio provides a solid financial cushion.

LEGH Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 29.4%
Net Margin 25.4%
ROE 7.9%
ROA 7.2%
FCF Margin 17.1%

LEGH vs Market Sector: How Legacy Housing Corp Compares

How Legacy Housing Corp compares to Market sector averages

Net Margin
LEGH 25.4%
vs
Sector Avg 12.0%
LEGH Sector
ROE
LEGH 7.9%
vs
Sector Avg 15.0%
LEGH Sector
Current Ratio
LEGH 3.5x
vs
Sector Avg 1.8x
LEGH Sector
Debt/Equity
LEGH 0.0x
vs
Sector Avg 0.7x
LEGH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Legacy Housing Corp Stock Overvalued? LEGH Valuation Analysis 2026

Based on fundamental analysis, Legacy Housing Corp has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
7.9%
Sector avg: 15%
Net Profit Margin
25.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Legacy Housing Corp Balance Sheet: LEGH Debt, Cash & Liquidity

Current Ratio
3.51x
Quick Ratio
2.66x
Debt/Equity
0.00x
Debt/Assets
8.9%
Interest Coverage
175.39x
Long-term Debt
N/A

LEGH Revenue & Earnings Growth: 5-Year Financial Trend

LEGH 5-year financial data: Year 2021: Revenue $166.0M, Net Income $38.0M, EPS $1.57. Year 2022: Revenue $222.1M, Net Income $49.9M, EPS $2.05. Year 2023: Revenue $222.1M, Net Income $67.8M, EPS $2.74. Year 2024: Revenue $145.1M, Net Income $54.5M, EPS $2.17. Year 2025: Revenue $129.3M, Net Income $61.6M, EPS $2.48.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Legacy Housing Corp's revenue has declined by 22% over the 5-year period, indicating business contraction. The most recent EPS of $2.48 reflects profitable operations.

LEGH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
17.1%
Free cash flow / Revenue

LEGH Quarterly Earnings & Performance

Quarterly financial performance data for Legacy Housing Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $28.8M $8.6M $0.35
Q2 2025 $31.7M $10.3M $0.60
Q1 2025 $24.3M $10.3M $0.41
Q3 2024 $30.2M $15.0M $0.64
Q2 2024 $31.7M $15.0M $0.60
Q1 2024 $30.8M $15.1M $0.60
Q3 2023 $37.0M $14.7M $0.58
Q2 2023 $42.3M $15.0M $0.60

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Legacy Housing Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$37.2M
Cash generated from operations
Stock Buybacks
$7.6M
Shares repurchased (TTM)
Capital Expenditures
$9.0M
Investment in assets
Dividends
None
No dividend program

LEGH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Legacy Housing Corp (CIK: 0001436208)

📋 Recent SEC Filings

Date Form Document Action
Mar 12, 2026 10-K legh-20251231x10k.htm View →
Mar 10, 2026 4 xslF345X05/tm268458-1_4seq1.xml View →
Dec 19, 2025 8-K tm2533915d2_8k.htm View →
Dec 19, 2025 8-K tm2533915d1_8k.htm View →
Nov 12, 2025 DEF 14A tm2530513-1_def14a.htm View →

Frequently Asked Questions about LEGH

What is the AI rating for LEGH?

Legacy Housing Corp (LEGH) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 64% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LEGH's key strengths?

Claude: Strong revenue growth of 40.7% YoY demonstrates robust demand in mobile home sector. Exceptional profitability with 29.4% operating margin and 25.4% net margin showing strong pricing power. ChatGPT: Debt-free balance sheet with strong liquidity and very high interest coverage. High operating/net margins and solid FCF generation (17.1% FCF margin).

What are the risks of investing in LEGH?

Claude: Critical earnings quality issue: Net income flat YoY while revenue surged 40.7%, indicating margin erosion or rising costs. EPS declined 29.8% despite stable net income, revealing significant shareholder dilution or share buyback activity. ChatGPT: Diluted EPS down 29.8% YoY indicates potential dilution/earnings quality issues. Flat net income despite strong revenue growth suggests margin compression or rising costs.

What is LEGH's revenue and growth?

Legacy Housing Corp reported revenue of $164.6M.

Does LEGH pay dividends?

Legacy Housing Corp does not currently pay dividends.

Where can I find LEGH SEC filings?

Official SEC filings for Legacy Housing Corp (CIK: 0001436208) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LEGH's EPS?

Legacy Housing Corp has a diluted EPS of $1.74.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is LEGH a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Legacy Housing Corp has a BUY rating with 64% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is LEGH stock overvalued or undervalued?

Valuation metrics for LEGH: ROE of 7.9% (sector avg: 15%), net margin of 25.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy LEGH stock in 2026?

Our dual AI analysis gives Legacy Housing Corp a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is LEGH's free cash flow?

Legacy Housing Corp's operating cash flow is $37.2M, with capital expenditures of $9.0M. FCF margin is 17.1%.

How does LEGH compare to other Market stocks?

Vs Default sector averages: Net margin 25.4% (avg: 12%), ROE 7.9% (avg: 15%), current ratio 3.51 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2033-03-31 | Powered by Claude AI