Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Legacy Housing Corp. (LEGH)
NASDAQConsumer DiscretionaryResidential ConstructionSnapshot 2026-11-04
$30.11-5.25%
Close 2026-11-05 · 1-day change
NASDAQConsumer DiscretionaryResidential ConstructionSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
2.26 → 2.26 EPS · FY ending Dec 31, 2027 · 1 analyst
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 1 to 1; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for LEGH yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Maintain positive operating income and net income | Operating income hit $16.8M in 2025-Q2. | Intact | operating or net income turns negative in any quarter | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 1 of 1 supplied quarters. Management reported: “● Income from operations for the first quarter of 2026 was $12.4 million, an increase of 6.9% from the first quarter of 2025.” “● Net income for the first quarter of 2026 was $10.9 million, an increase of 6.3% from the first quarter of 2025.” |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a smaller-cap housing business with a cyclical sector backdrop, rather than a proven durable compounder. Its long-term thesis is intact: recent financial performance is strong, though earnings quality remains fragile and confidence in the evidence is medium.
The evidence labels LEGH as stretched, despite a model indication that it is cheap versus peers. These signals point to a meaningful expectations gap, but the evidence does not define exactly what the market assumes. Fragility is rated low because weak execution quality is not combined with a full set of expensive valuation and turbulent-regime risks.
Near term, recent results show progress: revenue, operating income, and net income increased from the first to the second quarter of 2026, and management says deliveries are advancing. Its priorities remain on track, while the risk rating has eased to moderate. Earnings quality is still fragile, and the May 2026 earnings miss plus recent leadership transitions are reasons to watch execution.
The near-term risk is a guidance cut, which would be a meaningful negative. Over the multi-year view, delivery progress and sustained profitability matter; the evidence also points to operating cash flow progress, though the comparison provided is between 2025-Q1 and 2026-Q1. Housing-sector signals matter too: continued strong results and guidance from DHI, PHM, and LEN would support sector momentum, while misses or lower guidance could weaken it.
For the next one to three years, the thesis rests on continued delivery growth and profitability, with fragile earnings quality and sector conditions as key uncertainties. Recent performance supports an intact view, but stretched expectations make guidance and execution important to monitor. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Increase sales momentum and deliveries in 2026 | The company aims to improve sales momentum with deliveries starting in 2026-Q2. | Intact | quarterly revenue falls below $34M in any quarter after 2026-Q2 | Revenue: $69.705M FY2026-Q3; GAAP. Published target: >= $50M quarterly revenue by 2026-Q4. The stored target says 2026-Q4; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Nov 4, 202669,705,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Generate positive cash flow from operations | Legacy Housing keeps positive profits and cash flow. | Intact | operating cash flow falls below $5M in any quarter | Cash from operations: $17.448M FY2026-Q2; GAAP. Published target: Operating cash flow >= $5M per quarter. Target period is not explicitly aligned with this observation. Aug 5, 202617,448,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$2.13 → $2.26 · observed estimates
$0.18B → $0.20B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-07-25 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-07-26 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-07-27 | $2.15 | $189,584,000 | 1 / 1 |
| 2026-07-28 | $2.15 | $189,584,000 | 1 / 1 |
| 2026-07-29 | $2.15 | $189,584,000 | 1 / 1 |
| 2026-07-30 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-07-31 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-08-01 | $2.15 | $189,584,000 | 1 / 1 |
| 2026-08-02 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-08-03 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-08-04 | $2.13 | $180,526,000 | 2 / 2 |
| 2026-08-05 | $2.09 | $185,618,000 | 1 / 1 |
| 2026-08-06 | $2.15 | $189,584,000 | 1 / 1 |
| 2026-08-07 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-08 | $2.09 | $185,618,000 | 1 / 1 |
| 2026-08-09 | $2.09 | $185,618,000 | 1 / 1 |
| 2026-08-10 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-12 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-13 | $2.23 | Unavailable | 1 / 0 |
| 2026-08-14 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-15 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-16 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-17 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-18 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-19 | $2.15 | $196,659,000 | 1 / 1 |
| 2026-08-20 | $2.17 | $193,649,500 | 1 / 1 |
| 2026-08-21 | $2.17 | $193,649,500 | 1 / 1 |
| 2026-08-22 | $2.17 | $193,649,500 | 1 / 1 |
| 2026-08-23 | $2.17 | $193,649,500 | 1 / 1 |
| 2026-08-24 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-08-25 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-08-26 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-08-27 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-08-28 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-08-29 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-08-30 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-08-31 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-01 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-02 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-03 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-04 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-05 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-06 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-07 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-08 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-09 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-10 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-11 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-12 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-13 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-14 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-15 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-16 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-17 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-18 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-19 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-20 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-21 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-22 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-23 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-24 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-25 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-26 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-27 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-28 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-29 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-09-30 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-01 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-02 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-03 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-04 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-05 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-06 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-07 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-08 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-09 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-10 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-11 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-12 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-13 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-14 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-15 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-16 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-17 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-18 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-19 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-20 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-21 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-22 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-23 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-24 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-25 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-26 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-27 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-28 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-29 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-30 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-10-31 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-11-01 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-11-02 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-11-03 | $2.26 | $201,681,000 | 1 / 1 |
| 2026-11-04 | $2.26 | $201,681,000 | 1 / 1 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 0 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.