LEGH trades 18.0% below Wall Street's consensus target of $29.50.
Last 12 months price action with 12-month analyst target path
The base valuation assumes LEGH achieves its forward estimates and maintains a stable P/E multiple of 11.7x. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Legacy Housing Corporation (LEGH) has a Wall Street consensus price target of $29.50, based on estimates from 6 covering analysts. With the stock currently trading at $25.00, this represents a potential upside of +18.0%. The company has a market capitalization of $595M.
Analyst price targets range from a low of $25.00 to a high of $34.00, representing a 31% spread in expectations. The median target of $29.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 4 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, LEGH trades at a trailing P/E of 14.4x and forward P/E of 11.7x. The forward PEG ratio of 5.65 reflects a premium valuation. Analysts expect EPS to grow +19.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $28.10, with bear and bull scenarios of $17.70 and $37.02 respectively. Model confidence stands at 44/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
SKYChampion Homes, Inc. | $4.6B | $83.34 | $93.00 | +11.6% | Buy | 22.1x | 8 |
CVCOCavco Industries, Inc. | $4.6B | $601.51 | $700.00 | +16.4% | Buy | 25.2x | 2 |
PHMPulteGroup, Inc. | $24.4B | $126.96 | $144.50 | +13.8% | Hold | 12.7x | 44 |
DHID.R. Horton, Inc. | $45.7B | $157.81 | $163.86 | +3.8% | Hold | 14.9x | 52 |
LENLennar Corporation | $22.3B | $89.73 | $89.17 | -0.6% | Buy | 15.8x | 50 |
TMHCTaylor Morrison Home Corporation | $6.7B | $71.58 | $72.75 | +1.6% | Buy | 13.5x | 31 |
SUISun Communities, Inc. | $14.6B | $118.46 | $141.57 | +19.5% | Buy | 50.8x | 20 |
ELSEquity LifeStyle Properties, Inc. | $12.1B | $62.19 | $70.83 | +13.9% | Buy | 30.7x | 21 |
UMHUMH Properties, Inc. | $1.3B | $15.06 | $16.00 | +6.2% | Buy | 107.6x | 15 |
IBPInstalled Building Products, Inc. | $5.9B | $218.25 | $252.60 | +15.7% | Hold | 21.5x | 27 |
Quick answers to the most common questions about buying LEGH stock.
Legacy Housing Corporation (LEGH) has a consensus 12-month price target of $29.5, implying 18.0% upside from $25. The 6 analysts covering LEGH see moderate appreciation potential.
LEGH has a consensus rating of "Buy" based on 6 Wall Street analysts. The rating breakdown is predominantly bullish, with 4 Buy/Strong Buy ratings. The consensus 12-month price target of $29.5 implies 18.0% upside from current levels.
With a forward P/E of 11.7371x, LEGH trades at a relatively low valuation. The consensus target of $29.5 implies 18.0% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $34 for LEGH, while the most conservative target is $25. The consensus of $29.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $37 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
LEGH is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month LEGH stock forecast based on 6 Wall Street analysts shows a consensus price target of $29.5, with estimates ranging from $25 (bear case) to $34 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $28, with bear/bull scenarios of $18/$37.
Our quantitative valuation model calculates LEGH's fair value at $28 (base case), with a bear case of $18 and bull case of $37. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.
LEGH trades at a forward P/E ratio of 11.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on LEGH, with a "Buy" consensus rating and $29.5 price target (18.0% upside). 4 of 6 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
LEGH analyst price targets range from $25 to $34, a 31% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $29.5 consensus represents the middle ground. Our model's $18-$37 range provides an independent fundamental perspective.
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