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

Company Overview

Leggett & Platt, Inc. is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.

The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products. Additional product areas encompass acoustic and thermal management solutions for automotive and industrial applications, automotive seating frames and mechanisms, vibration control systems and tubular spring units. Leggett & Platt’s diverse portfolio allows it to leverage its engineering expertise across multiple industries and end markets.

Leggett & Platt was founded in Carthage, Missouri in 1883 by J.P. Leggett and C.B. Platt as a manufacturer of bedsprings. Over more than a century of expansion and strategic acquisitions, the company has grown to operate more than 120 facilities across North America, Europe, Asia and Australia. Its global footprint enables Leggett & Platt to meet the needs of customers in over 100 countries, supporting both regional manufacturing and international supply chains.

Headquartered in Carthage, Missouri, Leggett & Platt is led by an experienced management team under the oversight of Chief Executive Officer Andrew H. Rees. The company is committed to innovation, operational excellence and sustainability, investing in advanced manufacturing technologies and continuous improvement initiatives. Leggett & Platt’s common stock is listed on the New York Stock Exchange under the symbol LEG.

Key Stats

• Today's Range: $9.98 to $10.14
• 50-Day Range: $9.17 to $12.07
• 52-Week Range: $7.86 to $13.00
• Volume: 1.70 million shs
• Average Volume: 3.05 million shs
• Market Capitalization: $1.36 billion
• P/E Ratio: 6.21
• Dividend Yield: 2.00%
• Price Target: $11.33
• Consensus Rating: Reduce

Leggett & Platt Stock Analysis - MarketRank™

Leggett & Platt scored higher than 57% of companies evaluated by MarketBeat, and ranked 135th out of 270 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: 2.6 / 5
• Analyst Rating: Reduce

Consensus Rating

Leggett & Platt has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no strong buy ratings, no buy ratings, 4 hold ratings, and 1 sell rating.

Upside Potential

Leggett & Platt has a consensus price target of $11.33, representing about 13.3% upside from its current price of $10.01.

Amount of Analyst Coverage

Leggett & Platt has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.44%

Earnings Growth

Earnings for Leggett & Platt are expected to grow by 14.44% in the coming year, from $0.90 to $1.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Leggett & Platt is 6.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Leggett & Platt is 6.21, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.66.

Price to Book Value per Share Ratio

Leggett & Platt has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.69% 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 4.48.

Change versus previous month

Short interest in Leggett & Platt has recently increased by 25.10%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Leggett & Platt pays a meaningful dividend of 2.00%, 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 Coverage

The dividend payout ratio of Leggett & Platt is 12.42%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Leggett & Platt will have a dividend payout ratio of 19.42% next year. This indicates that Leggett & Platt will be able to sustain or increase its dividend.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.36

News Sentiment

Leggett & Platt has a news sentiment score of -0.36. 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 lower news sentiment than the 0.49 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Leggett & Platt this week, compared to 5 articles on an average week.

Search Interest

Only 5 people have searched for LEG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

2 people have added Leggett & Platt to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 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

2.44% 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.

Company Calendar

• Record date for 4/15 Dividend: 3/13/2026
• Ex-Dividend for 4/15 Dividend: 3/13/2026
• Dividend Payable: 4/15/2026
• Last Earnings: 5/07/2026
• Today: 5/24/2026
• Record date for 7/15 Dividend: 6/15/2026
• Ex-Dividend for 7/15 Dividend: 6/15/2026
• Dividend Payable: 7/15/2026
• Next Earnings (Estimated): 7/30/2026
• Fiscal Year End: 12/31/2026

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: 15,900
• Year Founded: 1883

Price Target and Rating

• Average Price Target for Leggett & Platt: $11.33
• High Price Target: $12.00
• Low Price Target: $11.00
• Potential Upside/Downside: +13.3%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.61
• Trailing P/E Ratio: 6.21
• Forward P/E Ratio: 11.12
• P/E Growth: N/A
• Net Income: $235.40 million
• Net Margins: 5.69%
• Pretax Margin: 7.00%
• Return on Equity: 12.62%
• Return on Assets: 3.44%

Debt

• Debt-to-Equity Ratio: 1.44
• Current Ratio: 2.33
• Quick Ratio: 1.45

Sales & Book Value

• Annual Sales: $4.06 billion
• Price / Sales: 0.34
• Cash Flow: $1.99 per share
• Price / Cash Flow: 5.04
• Book Value: $7.62 per share
• Price / Book: 1.31

Miscellaneous

• Outstanding Shares: 136,430,000
• Free Float: 133,103,000
• Market Cap: $1.36 billion
• Optionable: Optionable
• Beta: 0.75