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 Tuesday, November 5th. Investors of record on Friday, December 13th will be given a dividend of $0.40 per share on Wednesday, January 15th. This represents a $1.60 annualized dividend and a yield of 3.13%. The ex-dividend date is Thursday, December 12th. View Leggett & Platt's Dividend History.

Leggett & Platt, Inc. (NYSE:LEG) posted its earnings results on Monday, October, 28th. The company reported $0.76 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.09. The firm had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.21 billion. Leggett & Platt had a return on equity of 28.04% and a net margin of 6.45%. The firm's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.66 earnings per share. View Leggett & Platt's Earnings History.

Leggett & Platt is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Leggett & Platt.

Leggett & Platt issued an update on its FY19 earnings guidance on Monday, October, 28th. The company provided earnings per share (EPS) guidance of $2.48-$2.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.45. The company issued revenue guidance of $4.7-$4.8 billion, compared to the consensus revenue estimate of $4.75 billion.

6 analysts have issued 1 year price objectives for Leggett & Platt's stock. Their forecasts range from $54.00 to $55.00. On average, they expect Leggett & Platt's stock price to reach $54.50 in the next year. This suggests a possible upside of 6.5% from the stock's current price. View Analyst Price Targets for Leggett & Platt.

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

Headlines about LEG stock have trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Leggett & Platt earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Leggett & Platt.

Leggett & Platt saw a decrease in short interest in December. As of December 31st, there was short interest totalling 8,280,000 shares, a decrease of 10.6% from the December 15th total of 9,260,000 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is currently 6.4 days. Approximately 6.4% 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), Bassett Furniture Industries (BSET) and Flexsteel Industries (FLXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Leggett & Platt investors own include AT&T (T), Exxon Mobil (XOM), 3M (MMM), PepsiCo (PEP), Verizon Communications (VZ), AbbVie (ABBV), Mcdonald's (MCD), Altria Group (MO), Johnson & Johnson (JNJ) and The Coca-Cola (KO).

Leggett & Platt's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.49%), Calamos Advisors LLC (0.09%), Palisade Asset Management LLC (0.05%), United Services Automobile Association (0.04%), B & T Capital Management DBA Alpha Capital Management (0.04%) and Verity & Verity LLC (0.04%). Company insiders that own Leggett & Platt stock include David M Desonier, 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 Sciencast Management LP, United Services Automobile Association, Meag Munich Ergo Kapitalanlagegesellschaft MBH, B & T Capital Management DBA Alpha Capital Management, Nisa Investment Advisors LLC, Verity & Verity LLC, Calamos Advisors LLC and State of Alaska Department of Revenue. 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, Scott S Douglas and Susan R Mccoy. View Insider Buying and Selling for Leggett & Platt.

LEG stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Tuttle Tactical Management, Alpha Windward LLC, AE Wealth Management LLC, Zeke Capital Advisors LLC, Thomasville National Bank, Commerzbank Aktiengesellschaft FI and NewSquare Capital LLC. 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 $51.19.

Leggett & Platt has a market capitalization of $6.74 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]