Legacy Retained Earnings from 2010 to 2024

LEGH Stock  USD 25.95  0.23  0.88%   
Legacy Housing's Retained Earnings are increasing with slightly volatile movements from year to year. Retained Earnings are estimated to finish at about 272.7 M this year. Retained Earnings is the cumulative amount of net income that Legacy Housing Corp retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2017-12-31
Previous Quarter
291.1 M
Current Value
306.9 M
Quarterly Volatility
98.8 M
 
Covid
Check Legacy Housing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy Housing's main balance sheet or income statement drivers, such as Tax Provision of 9.4 M, Net Interest Income of 2.3 M or Interest Income of 3 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0359 or PTB Ratio of 1.87. Legacy financial statements analysis is a perfect complement when working with Legacy Housing Valuation or Volatility modules.
  
Check out the analysis of Legacy Housing Correlation against competitors.

Latest Legacy Housing's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Legacy Housing Corp over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Legacy Housing's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Legacy Housing's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 259.76 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Legacy Retained Earnings Regression Statistics

Arithmetic Mean47,446,927
Geometric Mean55,188,920
Coefficient Of Variation229.27
Mean Deviation88,396,979
Median(29,975,000)
Standard Deviation108,782,761
Sample Variance11833.7T
Range320.4M
R-Value0.87
Mean Square Error3056T
R-Squared0.76
Significance0.000023
Slope21,208,426
Total Sum of Squares165671.6T

Legacy Retained Earnings History

2024272.7 M
2023259.8 M
2021138.2 M
202088.4 M
201950.4 M
201821.5 M
2017-47.6 M

Other Fundumenentals of Legacy Housing Corp

Legacy Housing Retained Earnings component correlations

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1.00.980.76-0.750.920.05-0.710.71-0.85-0.120.890.930.41-0.860.970.980.520.910.860.31-0.820.890.85
0.980.980.81-0.780.880.04-0.740.69-0.84-0.130.870.930.46-0.840.980.980.560.860.870.47-0.830.90.81
0.750.760.81-0.780.670.05-0.670.37-0.68-0.150.720.850.56-0.690.860.760.570.550.540.6-0.870.790.53
-0.7-0.75-0.78-0.78-0.710.270.92-0.390.90.65-0.66-0.76-0.490.87-0.81-0.71-0.45-0.54-0.51-0.480.7-0.7-0.51
0.920.920.880.67-0.71-0.02-0.660.85-0.84-0.260.90.860.24-0.810.870.930.50.940.860.23-0.810.860.9
0.120.050.040.050.27-0.020.22-0.070.240.730.26-0.170.31-0.1-0.030.04-0.46-0.06-0.13-0.1-0.31-0.24-0.21
-0.67-0.71-0.74-0.670.92-0.660.22-0.380.950.58-0.73-0.66-0.70.88-0.75-0.67-0.19-0.51-0.48-0.460.57-0.6-0.44
0.730.710.690.37-0.390.85-0.07-0.38-0.6-0.120.680.68-0.07-0.530.620.790.510.870.910.29-0.550.70.86
-0.81-0.85-0.84-0.680.9-0.840.240.95-0.60.53-0.83-0.8-0.540.9-0.85-0.81-0.34-0.74-0.68-0.350.65-0.76-0.68
-0.04-0.12-0.13-0.150.65-0.260.730.58-0.120.53-0.06-0.19-0.010.37-0.17-0.09-0.22-0.07-0.07-0.190.05-0.2-0.13
0.90.890.870.72-0.660.90.26-0.730.68-0.83-0.060.760.61-0.850.860.890.20.810.720.29-0.850.740.7
0.920.930.930.85-0.760.86-0.17-0.660.68-0.8-0.190.760.29-0.730.960.920.740.860.850.41-0.770.970.87
0.40.410.460.56-0.490.240.31-0.7-0.07-0.54-0.010.610.29-0.560.480.37-0.270.120.080.4-0.450.22-0.02
-0.83-0.86-0.84-0.690.87-0.81-0.10.88-0.530.90.37-0.85-0.73-0.56-0.82-0.79-0.2-0.66-0.58-0.290.74-0.62-0.56
0.960.970.980.86-0.810.87-0.03-0.750.62-0.85-0.170.860.960.48-0.820.960.590.850.820.44-0.840.930.81
0.980.980.980.76-0.710.930.04-0.670.79-0.81-0.090.890.920.37-0.790.960.580.930.920.42-0.830.920.88
0.50.520.560.57-0.450.5-0.46-0.190.51-0.34-0.220.20.74-0.27-0.20.590.580.560.670.45-0.440.780.7
0.920.910.860.55-0.540.94-0.06-0.510.87-0.74-0.070.810.860.12-0.660.850.930.560.940.14-0.680.890.98
0.870.860.870.54-0.510.86-0.13-0.480.91-0.68-0.070.720.850.08-0.580.820.920.670.940.39-0.620.880.94
0.290.310.470.6-0.480.23-0.1-0.460.29-0.35-0.190.290.410.4-0.290.440.420.450.140.39-0.430.410.16
-0.83-0.82-0.83-0.870.7-0.81-0.310.57-0.550.650.05-0.85-0.77-0.450.74-0.84-0.83-0.44-0.68-0.62-0.43-0.75-0.62
0.880.890.90.79-0.70.86-0.24-0.60.7-0.76-0.20.740.970.22-0.620.930.920.780.890.880.41-0.750.92
0.860.850.810.53-0.510.9-0.21-0.440.86-0.68-0.130.70.87-0.02-0.560.810.880.70.980.940.16-0.620.92
Click cells to compare fundamentals

About Legacy Housing Financial Statements

Investors use fundamental indicators, such as Legacy Housing's Retained Earnings, to determine how well the company is positioned to perform in the future. Although Legacy Housing's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Retained Earnings259.8 M272.7 M
Retained Earnings Total Equity236.9 M161.9 M

Currently Active Assets on Macroaxis

When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out the analysis of Legacy Housing Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legacy Housing. If investors know Legacy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.18
Revenue Per Share
6.744
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0711
Return On Equity
0.1193
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.