Leggett & Platt Stock Forecast, Price & News

Leggett & Platt (NYSE:LEG) Frequently Asked Questions

Is Leggett & Platt a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Leggett & Platt stock.
View analyst ratings for Leggett & Platt or view top-rated stocks.

How has Leggett & Platt's stock been impacted by Coronavirus?

Leggett & Platt's stock was trading at $34.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LEG stock has increased by 19.9% and is now trading at $41.11.
View which stocks have been most impacted by COVID-19.

When is Leggett & Platt's next earnings date?

Leggett & Platt is scheduled to release its next quarterly earnings announcement on Monday, February 14th 2022.
View our earnings forecast for Leggett & Platt.

How were Leggett & Platt's earnings last quarter?

Leggett & Platt, Incorporated (NYSE:LEG) announced its quarterly earnings data on Sunday, October, 31st. The company reported $0.71 EPS for the quarter, missing the Zacks' consensus estimate of $0.77 by $0.06. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.31 billion. Leggett & Platt had a net margin of 8.13% and a trailing twelve-month return on equity of 25.42%. Leggett & Platt's revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 earnings per share.
View Leggett & Platt's earnings history.

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

Leggett & Platt announced a quarterly dividend on Tuesday, November 9th. Shareholders of record on Wednesday, December 15th will be given a dividend of $0.42 per share on Friday, January 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend is Tuesday, December 14th.
View Leggett & Platt's dividend history.

Is Leggett & Platt a good dividend stock?

Leggett & Platt pays an annual dividend of $1.68 per share and currently has a dividend yield of 3.97%. LEG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Leggett & Platt has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Leggett & Platt is 57.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Leggett & Platt will have a dividend payout ratio of 55.45% next year. This indicates that Leggett & Platt will be able to sustain or increase its dividend.
View Leggett & Platt's dividend history.

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

Leggett & Platt updated its FY 2021 earnings guidance on Monday, November, 8th. The company provided EPS guidance of $2.700-$2.800 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.850. The company issued revenue guidance of $5 billion-$5.10 billion, compared to the consensus revenue estimate of $5.02 billion.

What price target have analysts set for LEG?

1 Wall Street analysts have issued 1 year target prices for Leggett & Platt's shares. Their forecasts range from $55.00 to $55.00. On average, they anticipate Leggett & Platt's share price to reach $55.00 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price.
View analysts' price targets for Leggett & Platt or view top-rated stocks among Wall Street analysts.

Who are Leggett & Platt's key executives?

Leggett & Platt's management team includes the following people:

• Karl G. Glassman, Chairman & Chief Executive Officer
• J. Mitchell Dolloff, President, Chief Operating Officer & Director
• Jeffrey L. Tate, Chief Financial Officer & Executive Vice President
• Michael W. Blinzler, Chief Information Officer & Vice President-IT
• Vincent Lyons, Vice President-Engineering & Technology

What is Karl G. Glassman's approval rating as Leggett & Platt's CEO?

59 employees have rated Leggett & Platt CEO Karl G. Glassman on Glassdoor.com. Karl G. Glassman has an approval rating of 82% among Leggett & Platt's employees.

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

Some companies that are related to Leggett & Platt include Mohawk Industries (MHK), Tempur Sealy International (TPX), La-Z-Boy (LZB), Hooker Furniture (HOFT), Flexsteel Industries (FLXS) and Bassett Furniture Industries (BSET).
View all of LEG's competitors.

What other stocks do shareholders of Leggett & Platt own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Leggett & Platt investors own include AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), AbbVie (ABBV), Chevron (CVX), McDonald's (MCD), 3M (MMM), PepsiCo (PEP), Pfizer (PFE) and Walmart (WMT).

What is Leggett & Platt's stock symbol?

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

Who are Leggett & Platt's major shareholders?

Leggett & Platt's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.18%), Invesco Ltd. (2.54%), Geode Capital Management LLC (1.96%), Bank of New York Mellon Corp (1.72%), Hamlin Capital Management LLC (1.53%) and US Bancorp DE (1.45%). Company insiders that own Leggett & Platt stock include Joseph W Mcclanathan, Judy C Odom, Kimberly Rutledge, Phoebe A Wood, Robert Ted Enloe III, Russell J Iorio, Scott S Douglas and Susan R Mccoy.
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 Janus Henderson Group PLC, Lord Abbett & CO. LLC, Millennium Management LLC, Russell Investments Group Ltd., Schroder Investment Management Group, Marshall Wace LLP, Deutsche Bank AG, and BlackRock Inc.. Company insiders that have sold Leggett & Platt company stock in the last year include Joseph W Mcclanathan, Judy C Odom, Kimberly Rutledge, Phoebe A Wood, Scott S Douglas, and Susan R Mccoy.
View insider buying and selling activity for Leggett & Platt or view top insider-selling stocks.

Which institutional investors are buying Leggett & Platt stock?

LEG stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Balyasny Asset Management LLC, EP Wealth Advisors LLC, First Horizon Advisors Inc., Crawford Investment Counsel Inc., Goldman Sachs Group Inc., Morgan Stanley, and Moors & Cabot Inc..
View insider buying and selling activity for Leggett & Platt or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Leggett & Platt's stock price today?

One share of LEG stock can currently be purchased for approximately $41.11.

How much money does Leggett & Platt make?

Leggett & Platt has a market capitalization of $5.48 billion and generates $4.28 billion in revenue each year. The company earns $247.60 million in net income (profit) each year or $2.93 on an earnings per share basis.

How many employees does Leggett & Platt have?

Leggett & Platt employs 20,400 workers across the globe.

What is Leggett & Platt's official website?

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

Where are Leggett & Platt's headquarters?

Leggett & Platt is headquartered at NO. 1 LEGGETT ROAD, CARTHAGE MO, 64836.

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, via email at [email protected], or via fax at 417-358-8449.