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

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

Leggett & Platt declared a quarterly dividend on Tuesday, August 6th. Stockholders of record on Friday, September 13th will be given a dividend of $0.40 per share on Tuesday, October 15th. This represents a $1.60 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Thursday, September 12th. View Leggett & Platt's Dividend History.

Leggett & Platt, Inc. (NYSE:LEG) released its quarterly earnings results on Monday, July, 29th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.01. The company had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.28 billion. Leggett & Platt had a net margin of 6.44% and a return on equity of 27.47%. During the same quarter last year, the business earned $0.63 earnings per share. View Leggett & Platt's Earnings History.

Leggett & Platt is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Leggett & Platt.

Leggett & Platt issued an update on its FY 2019 earnings guidance on Monday, July, 29th. The company provided EPS guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.47. The company issued revenue guidance of $4.7-4.85 billion, compared to the consensus revenue estimate of $4.94 billion.

3 equities research analysts have issued twelve-month target prices for Leggett & Platt's stock. Their forecasts range from $40.00 to $44.00. On average, they expect Leggett & Platt's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Leggett & Platt.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Leggett & Platt.

Headlines about LEG stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Leggett & Platt earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Leggett & Platt.

Leggett & Platt saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 15,163,300 shares, an increase of 13.6% from the July 15th total of 13,351,600 shares. Based on an average daily volume of 1,240,000 shares, the short-interest ratio is currently 12.2 days. Currently, 11.7% of the company's stock are sold short. View Leggett & Platt's Current Options Chain.

Some companies that are related to Leggett & Platt include Tempur Sealy International (TPX), La-Z-Boy (LZB), Sleep Number (SNBR), Compass Diversified (CODI), Kimball International (KBAL), Purple Innovation (PRPL), Hooker Furniture (HOFT), Flexsteel Industries (FLXS), Nova Lifestyle (NVFY), Natuzzi, S.p.A (NTZ) and Luvu Brands (LUVU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Leggett & Platt investors own include AT&T (T), Exxon Mobil (XOM), PepsiCo (PEP), Verizon Communications (VZ), 3M (MMM), Mcdonald's (MCD), Cardinal Health (CAH), Johnson & Johnson (JNJ), Procter & Gamble (PG) and AbbVie (ABBV).

Leggett & Platt's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.02%), BlackRock Inc. (9.45%), BlackRock Inc. (9.45%), Bank of New York Mellon Corp (3.21%), Invesco Ltd. (2.61%) and Charles Schwab Investment Advisory Inc. (2.51%). Company insiders that own Leggett & Platt stock include David M Desonier, Joseph W Mcclanathan, Karl G Glassman, Matthew C Flanigan, Robert Ted Enloe III, Russell J Iorio, Scott S Douglas, Susan R Mccoy and Tammy M Trent. View Institutional Ownership Trends for Leggett & Platt.

LEG stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Prudential Financial Inc., BNP Paribas Arbitrage SA, Royal Bank of Canada, Great Lakes Advisors LLC, Pictet Asset Management Ltd., Pictet Asset Management Ltd. and JPMorgan Chase & Co.. Company insiders that have sold Leggett & Platt company stock in the last year include Joseph W Mcclanathan, Karl G Glassman, Russell J Iorio, Scott S Douglas and Susan R Mccoy. View Insider Buying and Selling for Leggett & Platt.

LEG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Capital Advisors Inc. OK, Charles Schwab Investment Advisory Inc., First Trust Advisors LP, US Bancorp DE, Becker Capital Management Inc. and Morgan Stanley. 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 $40.81.

Leggett & Platt has a market capitalization of $5.37 billion and generates $4.27 billion in revenue each year. The company earns $305.90 million in net income (profit) each year or $2.48 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]