Leggett & Platt (LEG) Stock Price, News & Analysis

Company Overview

Leggett & Platt, Inc. is a diversified manufacturer that designs, produces and markets a broad array of engineered components and products for a wide range of industries. The company’s offerings include coil springs and wire forms, bedding components, foam and fiber cushioning, adjustable bed mechanisms, automotive seating systems, and specialty metal and plastic products. These products serve customers in the bedding, furniture, automotive, aviation, military, industrial and retail markets around the world.

Founded in 1883 by J.P. Leggett and C.B. Platt in Carthage, Missouri, Leggett & Platt has grown from a regional spring maker into a global enterprise. Over more than a century, the company has expanded its product portfolio through innovation and strategic acquisitions, pioneering new technologies in bedding ergonomics and automotive seating comfort. Its long history of continuous operation reflects a commitment to adaptability, quality and customer-focused engineering solutions.

Today, Leggett & Platt operates manufacturing facilities and sales offices across North America, Europe, Asia and Latin America. The company’s organizational structure is organized into operating segments that align with its core markets—bedding components, home furniture, automotive, building products and specialized products. Through these segments, Leggett & Platt delivers custom-engineered solutions, leveraging in-house tooling, research and development capabilities, and advanced manufacturing processes to meet diverse customer requirements.

Headquartered in Carthage, Missouri, the company is led by an experienced executive team that emphasizes operational excellence, cost discipline and sustainable growth. Leggett & Platt invests in ongoing product development, digital manufacturing technologies and environmentally responsible practices. With a focus on long-term partnerships and continuous improvement, the company seeks to maintain its reputation for reliability and innovation in the global components industry.

Key Stats

• Today's Range: $9.56 to $9.86
• 50-Day Range: $7.27 to $9.91
• 52-Week Range: $6.48 to $14.24
• Volume: 2.00 million shs
• Average Volume: 2.20 million shs
• Market Capitalization: $1.29 billion
• P/E Ratio: N/A
• Dividend Yield: 2.09%
• Price Target: $9.67
• Consensus Rating: Hold

Leggett & Platt Stock Analysis - MarketRank™

Leggett & Platt scored higher than 54% of companies evaluated by MarketBeat, and ranked 167th out of 286 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Leggett & Platt has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Leggett & Platt has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 8.77%

Earnings Growth

Earnings for Leggett & Platt are expected to grow by 8.77% in the coming year, from $1.14 to $1.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Leggett & Platt is -2.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Leggett & Platt is -2.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Leggett & Platt has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.66% of the float of Leggett & Platt has been sold short.

Short Interest Ratio / Days to Cover

Leggett & Platt has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Leggett & Platt has recently increased by 10.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Leggett & Platt pays a meaningful dividend of 2.02%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Leggett & Platt does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Leggett & Platt will have a dividend payout ratio of 16.13% next year. This indicates that Leggett & Platt will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.7 / 5
• Environmental Score: -3.04

Percentage of Shares Shorted

6.66% of the float of Leggett & Platt has been sold short.

Short Interest Ratio / Days to Cover

Leggett & Platt has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Leggett & Platt has recently increased by 10.47%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.88

News Sentiment

Leggett & Platt has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Leggett & Platt this week, compared to 7 articles on an average week.

Search Interest

Only 8 people have searched for LEG on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Leggett & Platt to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Leggett & Platt insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.14% of the stock of Leggett & Platt is held by insiders.

Percentage Held by Institutions

64.23% of the stock of Leggett & Platt is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LEG Stock Analysis - Frequently Asked Questions

How have LEG shares performed this year?

Leggett & Platt's stock was trading at $9.60 at the start of the year. Since then, LEG stock has decreased by 0.2% and is now trading at $9.58.

How were Leggett & Platt's earnings last quarter?

Leggett & Platt, Incorporated (NYSE:LEG) issued its quarterly earnings data on Monday, April, 28th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. Leggett & Platt's revenue was down 6.8% on a year-over-year basis.
Read the conference call transcript.

How do I buy shares of Leggett & Platt?

Shares of LEG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Leggett & Platt own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Leggett & Platt investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AU Optronics (AUOTY) and Humana (HUM).

Company Calendar

• Record date for 4/15 Dividend: 3/14/2025
• Ex-Dividend for 4/15 Dividend: 3/14/2025
• Dividend Payable: 4/15/2025
• Last Earnings: 4/28/2025
• Record date for 7/15 Dividend: 6/13/2025
• Ex-Dividend for 7/15 Dividend: 6/13/2025
• Today: 7/07/2025
• Dividend Payable: 7/15/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: FURNITURE
• Sub-Industry: Home Furnishings
• Current Symbol: NYSE:LEG
• CIK: 58492
• Web: www.leggett.com
• Phone: (417) 358-8131
• Fax: 417-358-8449
• Employees: 17,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.67
• High Stock Price Target: $11.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +0.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($3.74)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 8.40
• P/E Growth: N/A
• Net Income: -$511.50 million
• Net Margins: -11.89%
• Pretax Margin: -11.76%
• Return on Equity: 20.46%
• Return on Assets: 3.88%

Debt

• Debt-to-Equity Ratio: 2.59
• Current Ratio: 2.20
• Quick Ratio: 1.36

Sales & Book Value

• Annual Sales: $4.38 billion
• Price / Sales: 0.30
• Cash Flow: $6.89 per share
• Price / Cash Flow: 1.39
• Book Value: $5.14 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 135,150,000
• Free Float: 132,253,000
• Market Cap: $1.29 billion
• Optionable: Optionable
• Beta: 0.74