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

Company Overview

Leggett & Platt, Inc. is a diversified manufacturer that designs and produces engineered components and products for the bedding, furniture, flooring, textile, automotive, and specialized industrial markets. Its offerings include mattress springs and components, adjustable bed mechanisms, furniture motion hardware, steel wire and tubing, carpet underlay, textile products, and various engineered products used in transportation and industrial applications.

The company operates through businesses commonly organized around bedding products, furniture products, flooring and textile products, and specialized products. Its customers include manufacturers, retailers, and other commercial and industrial businesses. Leggett & Platt serves markets in North America and internationally through manufacturing and distribution operations across multiple geographies.

Founded in 1883 by J.P. Leggett and C.B. Platt in Carthage, Missouri, the company began by producing a bedspring and expanded over time through product development and acquisitions. Leggett & Platt remains headquartered in Carthage and is listed on the New York Stock Exchange under the symbol LEG.

Key Stats

• Today's Range: $9.20 to $9.20
• 50-Day Range: $9.16 to $11.29
• 52-Week Range: $8.34 to $13.00
• Volume: N/A
• Average Volume: 2.48 million shs
• Market Capitalization: $1.26 billion
• P/E Ratio: 5.90
• Dividend Yield: 2.17%
• Price Target: $10.67
• Consensus Rating: Hold

Leggett & Platt Stock Analysis - MarketRank™

Leggett & Platt scored higher than 55% of companies evaluated by MarketBeat, and ranked 301st out of 476 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: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Leggett & Platt has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 1 strong buy rating, no buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Leggett & Platt has a consensus price target of $10.67, representing about 15.9% upside from its current price of $9.20.

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: 7.62%

Earnings Growth

Earnings for Leggett & Platt are expected to grow by 7.62% in the coming year, from $1.05 to $1.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Leggett & Platt is 5.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.03.

Price to Earnings Ratio vs. Sector

The P/E ratio of Leggett & Platt is 5.90, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 44.32.

Price to Book Value per Share Ratio

Leggett & Platt has a P/B Ratio of 1.16. 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

16.56% 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 12.68, which indicates bearish sentiment.

Change versus previous month

Short interest in Leggett & Platt has recently decreased by 1.94%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Leggett & Platt pays a meaningful dividend of 2.15%, 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 12.82%. 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 17.70% next year. This indicates that Leggett & Platt will be able to sustain or increase its dividend.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 3 people have searched for LEG on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Leggett & Platt to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 7/15 Dividend: 6/15/2026
• Ex-Dividend for 7/15 Dividend: 6/15/2026
• Dividend Payable: 7/15/2026
• Last Earnings: 8/06/2026
• Record date for 8/24 Dividend: 8/10/2026
• Ex-Dividend for 8/24 Dividend: 8/10/2026
• Dividend Payable: 8/24/2026
• Today: 9/21/2026
• Next Earnings (Estimated): 10/26/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Household Durables
• 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: $10.67
• High Price Target: $11.00
• Low Price Target: $10.00
• Potential Upside/Downside: +15.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.56
• Trailing P/E Ratio: 5.90
• Forward P/E Ratio: 8.76
• P/E Growth: N/A
• Net Income: $235.40 million
• Net Margins: 5.64%
• Pretax Margin: 7.02%
• Return on Equity: 13.31%
• Return on Assets: 3.86%

Debt

• Debt-to-Equity Ratio: 1.38
• Current Ratio: 2.35
• Quick Ratio: 1.53

Sales & Book Value

• Annual Sales: $3.89 billion
• Price / Sales: 0.32
• Cash Flow: $1.98 per share
• Price / Cash Flow: 4.64
• Book Value: $7.92 per share
• Price / Book: 1.16

Miscellaneous

• Outstanding Shares: 136,589,000
• Free Float: 133,256,000
• Market Cap: $1.26 billion
• Optionable: Optionable
• Beta: 0.73