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. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Thursday, December 12th. View Leggett & Platt's Dividend History.

Leggett & Platt, Inc. (NYSE:LEG) posted its quarterly earnings data on Monday, February, 3rd. The company reported $0.68 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.02. The firm earned $1.15 billion during 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 company's revenue was up 9.4% on a year-over-year basis. During the same period last year, the firm posted $0.62 earnings per share. 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 EPS 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 brokers have issued twelve-month target prices for Leggett & Platt's stock. Their forecasts range from $54.00 to $55.00. On average, they expect Leggett & Platt's share price to reach $54.50 in the next twelve months. This suggests a possible upside of 19.5% 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 trended very negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news 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 -3.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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 short-interest ratio is presently 7.0 days. Currently, 7.0% of the company's shares are sold short. 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 a number of of institutional and retail investors. Top institutional investors include State Street Corp (10.99%), Charles Schwab Investment Advisory Inc. (2.71%), ProShare Advisors LLC (1.89%), US Bancorp DE (1.51%), Bank of New York Mellon Corp (1.32%) and Charles Schwab Investment Management Inc. (1.04%). 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, 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, Renaissance Technologies LLC, Cipher Capital LP, Schroder Investment Management Group, AQR Capital Management LLC, Charles Schwab Investment Advisory Inc., Mitsubishi UFJ Kokusai Asset Management Co. Ltd. and Eaton Vance Management. 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 $45.60.

Leggett & Platt has a market capitalization of $6.00 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]