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

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

Leggett & Platt announced a quarterly dividend on Wednesday, February 19th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.40 per share on Wednesday, April 15th. This represents a $1.60 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Thursday, March 12th. View Leggett & Platt's Dividend History.

Leggett & Platt, Inc. (NYSE:LEG) posted its earnings results on Monday, February, 3rd. The company reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.02. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.16 billion. Leggett & Platt had a net margin of 7.02% and a return on equity of 27.79%. The firm's quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.62 EPS. View Leggett & Platt's Earnings History.

Leggett & Platt is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Leggett & Platt.

Leggett & Platt updated its FY20 earnings guidance on Monday, February, 3rd. The company provided EPS guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.74. The company issued revenue guidance of $4.7-4.9 billion, compared to the consensus revenue estimate of $4.95 billion.

5 brokerages have issued 1-year target prices for Leggett & Platt's stock. Their forecasts range from $54.00 to $55.00. On average, they anticipate Leggett & Platt's stock price to reach $54.50 in the next twelve months. This suggests a possible upside of 35.3% from the stock's current price. View Analyst Price Targets for Leggett & Platt.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Leggett & Platt.

Media coverage about LEG stock has been trending negative recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Leggett & Platt earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Leggett & Platt.

Leggett & Platt saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 9,130,000 shares, an increase of 10.3% from the January 15th total of 8,280,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 7.0 days. Approximately 7.0% of the company's stock are short sold. View Leggett & Platt's Current Options Chain.

Some companies that are related to Leggett & Platt include Mohawk Industries (MHK), Tempur Sealy International (TPX), La-Z-Boy (LZB), Ethan Allen Interiors (ETH), Hooker Furniture (HOFT), Flexsteel Industries (FLXS) and Bassett Furniture Industries (BSET).

Based on aggregate information from My MarketBeat watchlists, some companies that other Leggett & Platt investors own include Exxon Mobil (XOM), 3M (MMM), AT&T (T), Verizon Communications (VZ), PepsiCo (PEP), AbbVie (ABBV), Mcdonald's (MCD), Altria Group (MO), Pfizer (PFE) and Walgreens Boots Alliance (WBA).

Leggett & Platt's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (10.99%), Charles Schwab Investment Advisory Inc. (2.71%), ProShare Advisors LLC (1.89%), Geode Capital Management LLC (1.66%), US Bancorp DE (1.51%) and Bank of New York Mellon Corp (1.32%). Company insiders that own Leggett & Platt stock include Joseph W Mcclanathan, Judy C Odom, Karl G Glassman, Matthew C Flanigan, Phoebe A Wood, Robert Ted Enloe III, Russell J Iorio, Scott S Douglas and Susan R Mccoy. View Institutional Ownership Trends for Leggett & Platt.

LEG stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, State Street Corp, First Trust Advisors LP, Villere ST Denis J & Co. LLC, Citigroup Inc., Capital Advisors Inc. OK, Becker Capital Management Inc. and US Bancorp DE. Company insiders that have sold Leggett & Platt company stock in the last year include Joseph W Mcclanathan, Judy C Odom, Karl G Glassman, Phoebe A Wood, Robert Ted Enloe III, Russell J Iorio and Susan R Mccoy. View Insider Buying and Selling for Leggett & Platt.

LEG stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Renaissance Technologies LLC, Cipher Capital LP, Geode Capital Management LLC, Schroder Investment Management Group, Man Group plc, AQR Capital Management LLC and Charles Schwab Investment Advisory Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of LEG stock can currently be purchased for approximately $40.29.

Leggett & Platt has a market capitalization of $5.32 billion and generates $4.75 billion in revenue each year. The company earns $333.80 million in net income (profit) each year or $2.57 on an earnings per share basis. Leggett & Platt employs 22,000 workers across the globe.View Additional Information About Leggett & Platt.

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

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]