NYSE:LEG - Leggett & Platt Stock Price, News, & Analysis

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$39.09 -0.52 (-1.31 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$39.61
Today's Range$38.80 - $39.47
52-Week Range$33.48 - $48.37
Volume951,957 shs
Average Volume966,826 shs
Market Capitalization$5.10 billion
P/E Ratio15.89
Dividend Yield3.91%
Beta1.01
Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. It operates through four segments: Residential Products, Furniture Products, Industrial Products, and Specialized Products. The Residential Products segment offers innersprings, wire forms, and machines to shape wire into various types of springs; industrial sewing/finishing machines, conveyor lines, mattress packaging, and glue-drying equipment, as well as quilting machines; and structural fabrics, carpet cushions, and geo components. It serves manufacturers of finished bedding, upholstered furniture, packaging, filtration, and draperies; retailers and distributors of carpet cushions; and contractors, landscapers, road construction companies, and government agencies using geo components. The Furniture Products segment offers molded plywood components; bases, columns, back rests, control devices, and casters and frames; private-label finished furniture; beds and bed frames; adjustable beds; and steel mechanisms and hardware, and springs and seat suspensions. It serves upholstered and office furniture manufacturers; department stores and big box retailers; e-commerce retailers; and mattress and furniture retailers. The Industrial Products segment offers drawn wires, bedding and furniture components, automotive seat suspension systems, and steel rods. It serves packaging and baling companies, mechanical spring manufacturers, and wire distributors. The Specialized Products segment offers mechanical and pneumatic lumbar support and massage systems, seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless steel tubing, formed tube, and tube assemblies; and engineered hydraulic cylinders. It serves automobile and mobile equipment OEMs, and aerospace suppliers. The company sells its products through sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is headquartered in Carthage, Missouri.

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Industry, Sector and Symbol

Industry Household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
CUSIP52466010
Phone417-358-8131

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.94 billion
Cash Flow$3.4562 per share
Book Value$9.03 per share

Profitability

Net Income$292.60 million

Miscellaneous

Employees22,200
Market Cap$5.10 billion
OptionableOptionable

Leggett & Platt (NYSE:LEG) Frequently Asked Questions

What is Leggett & Platt's stock symbol?

Leggett & Platt trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEG."

How often does Leggett & Platt pay dividends? What is the dividend yield for Leggett & Platt?

Leggett & Platt declared a quarterly dividend on Tuesday, November 6th. Shareholders of record on Friday, December 14th will be given a dividend of $0.38 per share on Tuesday, January 15th. This represents a $1.52 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date is Thursday, December 13th. View Leggett & Platt's Dividend History.

How were Leggett & Platt's earnings last quarter?

Leggett & Platt, Inc. (NYSE:LEG) issued its earnings results on Thursday, October, 25th. The company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.72 by $0.05. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. Leggett & Platt had a net margin of 6.87% and a return on equity of 28.37%. View Leggett & Platt's Earnings History.

When is Leggett & Platt's next earnings date?

Leggett & Platt is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Leggett & Platt.

What guidance has Leggett & Platt issued on next quarter's earnings?

Leggett & Platt issued an update on its fourth quarter 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $0.53-0.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.70. The company issued revenue guidance of $1.03-1.03 billion, compared to the consensus revenue estimate of $1.07 billion.Leggett & Platt also updated its FY 2018 guidance to $2.40-2.50 EPS.

What price target have analysts set for LEG?

6 analysts have issued twelve-month target prices for Leggett & Platt's stock. Their forecasts range from $40.00 to $50.00. On average, they anticipate Leggett & Platt's share price to reach $45.60 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Price Targets for Leggett & Platt.

What is the consensus analysts' recommendation for Leggett & Platt?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Leggett & Platt.

Has Leggett & Platt been receiving favorable news coverage?

News coverage about LEG stock has been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Leggett & Platt earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are some of Leggett & Platt's key competitors?

Who are Leggett & Platt's key executives?

Leggett & Platt's management team includes the folowing people:
  • Mr. Karl G. Glassman, CEO, Pres & Director (Age 61)
  • Mr. Matthew C. Flanigan, Exec. VP, CFO & Director (Age 57)
  • Mr. J. Mitchell Dolloff, COO and Pres of Specialized Products & Furniture Products (Age 53)
  • Mr. Scott S. Douglas, Sr. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Perry E. Davis, Exec. VP and Pres of Residential Products & Industrial products (Age 60)

Who are Leggett & Platt's major shareholders?

Leggett & Platt's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (1.15%), Welch Group LLC (0.41%), Bank of Montreal Can (0.27%), First Citizens Bank & Trust Co. (0.10%), Union Bankshares Corp (0.05%) and Palisade Asset Management LLC (0.05%). Company insiders that own Leggett & Platt stock include David M Desonier, J Mitchell Dolloff, Joseph W Mcclanathan, Judy C Odom, Karl G Glassman, Matthew C Flanigan, Robert Ted Enloe III, Scott S Douglas and Tammy M Trent. View Institutional Ownership Trends for Leggett & Platt.

Which institutional investors are selling Leggett & Platt stock?

LEG stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Villere ST Denis J & Co. LLC, First Citizens Bank & Trust Co., Nisa Investment Advisors LLC, Verity & Verity LLC, DNB Asset Management AS, Welch Group LLC and CENTRAL TRUST Co. Company insiders that have sold Leggett & Platt company stock in the last year include David M Desonier, Karl G Glassman, Matthew C Flanigan, Robert Ted Enloe III and Scott S Douglas. View Insider Buying and Selling for Leggett & Platt.

Which institutional investors are buying Leggett & Platt stock?

LEG stock was purchased by a variety of institutional investors in the last quarter, including Union Bankshares Corp, Winthrop Advisory Group LLC, State of Alaska Department of Revenue, First American Bank, NewSquare Capital LLC, Palisade Asset Management LLC and Capital Investment Advisors LLC. View Insider Buying and Selling for Leggett & Platt.

How do I buy shares of Leggett & Platt?

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

What is Leggett & Platt's stock price today?

One share of LEG stock can currently be purchased for approximately $39.09.

How big of a company is Leggett & Platt?

Leggett & Platt has a market capitalization of $5.10 billion and generates $3.94 billion in revenue each year. The company earns $292.60 million in net income (profit) each year or $2.46 on an earnings per share basis. Leggett & Platt employs 22,200 workers across the globe.

What is Leggett & Platt's official website?

The official website for Leggett & Platt is http://www.leggett.com.

How can I contact Leggett & Platt?

Leggett & Platt's mailing address is NO. 1 LEGGETT ROAD, CARTHAGE MO, 64836. The company can be reached via phone at 417-358-8131 or via email at [email protected]


MarketBeat Community Rating for Leggett & Platt (NYSE LEG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  559
MarketBeat's community ratings are surveys of what our community members think about Leggett & Platt and other stocks. Vote "Outperform" if you believe LEG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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