Added to YB: 2025-12-04
Pitch date: 2025-12-02
LEGH [bullish]
Legacy Housing Corporation
+3.55%
current return
Author Info
Company Info
Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States.
Market Cap
$467.1M
Pitch Price
$20.01
Price Target
60.00 (+190%)
Dividend
N/A
EV/EBITDA
8.14
P/E
10.03
EV/Sales
2.52
Sector
Household Durables
Category
turnaround
I have a solution to the housing affordability crisis, but Gen Z isn’t going to like it: Legacy Housing $LEGH
LEGH: 4th largest US manufactured home producer, debt-free w/ $410M loan book yielding 12.8% (2-4% defaults). Co-founders back as interim mgmt after shakeup. Manufacturing 16.5% 8yr CAGR, loan income 20.5% CAGR. Rate cuts + TX data center workforce housing demand = tailwinds. Trading 0.9x book vs historic 1.3x. Target $60 by 2028 (~3x upside) on $100M 2027 earnings at 15x P/E.
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