NYSE:LEG

Leggett & Platt Stock Forecast, Price & News

$48.38
+0.43 (+0.90 %)
(As of 04/15/2021 12:00 AM ET)
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Today's Range
$47.89
Now: $48.38
$48.52
50-Day Range
$42.90
MA: $46.58
$49.32
52-Week Range
$24.01
Now: $48.38
$50.00
Volume757,256 shs
Average Volume1.01 million shs
Market Capitalization$6.44 billion
P/E Ratio28.46
Dividend Yield3.34%
Beta1.42
Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to shape wires into innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.
Leggett & Platt logo

Industry, Sector and Symbol

Industry Household furniture
Sub-IndustryHome Furnishings
CUSIP52466010
Phone417-358-8131
Employees20,400
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.75 billion
Cash Flow$4.52 per share
Book Value$9.97 per share

Profitability

Net Income$333.80 million

Miscellaneous

Market Cap$6.44 billion
Next Earnings Date5/3/2021 (Confirmed)
OptionableOptionable

Headlines

LEG May 21st Options Begin Trading
March 18, 2021 |  nasdaq.com
Leggett & Platt Announces Webcast Of March 3rd Presentation
February 24, 2021 |  finance.yahoo.com
Leggett & Platt: A Soon To Be Dividend King
February 24, 2021 |  seekingalpha.com
3.7%-Yielding Leggett & Platt Is Still On Sale
February 22, 2021 |  seekingalpha.com
Leggett & Platt Inc. Outperform
February 12, 2021 |  markets.businessinsider.com
Leggett & Platt Q4 2020 Earnings Preview
February 9, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

2.36 out of 5 stars

Consumer Discretionary Sector

6th out of 572 stocks

Household Furniture Industry

1st out of 14 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$48.38
+0.43 (+0.90 %)
(As of 04/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Leggett & Platt (NYSE:LEG) Frequently Asked Questions

Is Leggett & Platt a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 2 hold ratings and 2 buy ratings 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.

What stocks does MarketBeat like better than Leggett & Platt?

Wall Street analysts have given Leggett & Platt a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Leggett & Platt wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Leggett & Platt's next earnings date?

Leggett & Platt is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Leggett & Platt
.

How can I listen to Leggett & Platt's earnings call?

Leggett & Platt will be holding an earnings conference call on Monday, May 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Leggett & Platt's earnings last quarter?

Leggett & Platt, Incorporated (NYSE:LEG) issued its quarterly earnings results on Sunday, February, 7th. The company reported $0.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.06. The company had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.15 billion. Leggett & Platt had a net margin of 5.45% and a trailing twelve-month return on equity of 21.93%. The firm's quarterly revenue was up 3.2% on a year-over-year basis. During the same period last year, the company posted $0.27 EPS.
View Leggett & Platt's earnings history
.

How has Leggett & Platt's stock been impacted by COVID-19 (Coronavirus)?

Leggett & Platt's stock was trading at $34.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LEG shares have increased by 41.0% and is now trading at $48.38.
View which stocks have been most impacted by COVID-19
.

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

Leggett & Platt announced a quarterly dividend on Monday, February 8th. Investors of record on Monday, March 15th will be given a dividend of $0.40 per share on Thursday, April 15th. This represents a $1.60 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Friday, March 12th.
View Leggett & Platt's dividend history
.

Is Leggett & Platt a good dividend stock?

Leggett & Platt pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.34%. 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 62.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Leggett & Platt will have a dividend payout ratio of 62.26% 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 issued an update on its FY21 earnings guidance on Monday, February, 8th. The company provided earnings per share guidance of $2.30-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.62. The company issued revenue guidance of $4.6-4.9 billion, compared to the consensus revenue estimate of $4.67 billion.

What price target have analysts set for LEG?

4 analysts have issued twelve-month price targets for Leggett & Platt's stock. Their forecasts range from $35.00 to $52.00. On average, they expect Leggett & Platt's share price to reach $44.25 in the next twelve months. This suggests that the stock has a possible downside of 8.5%.
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:
  • Mr. Karl G. Glassman, Chairman & CEO (Age 63, Pay $3.91M)
  • Mr. J. Mitchell Dolloff, Pres, COO, Pres of Bedding Products Segment & Director (Age 55, Pay $1.75M)
  • Mr. Jeffrey L. Tate, Exec. VP & CFO (Age 51, Pay $642.2k)
  • Mr. Scott S. Douglas, Sr. VP, Gen. Counsel & Sec. (Age 61, Pay $876.57k)
  • Ms. Tammy M. Trent, Sr. VP & Chief Accounting Officer (Age 55)
  • Ms. Susan R. McCoy, Sr. VP of Investor Relations (Age 56)
  • Mr. Charles P. Hutchins, VP & Chief Tax Officer
  • Mr. Steven K. Henderson, EVP and Pres of Specialized Products Segment, Furniture, Flooring & Textile Products Segment (Age 60)
  • Mr. Darrel E. Wild, VP & Chief Credit Officer
  • Mr. Benjamin M. Burns, VP of Bus. Support Services & Treasurer

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?

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 Hamlin Capital Management LLC (1.43%), UMB Bank N A MO (0.21%), Crossmark Global Holdings Inc. (0.09%), Calamos Advisors LLC (0.07%), Monument Capital Management (0.04%) and Retirement Systems of Alabama (0.04%). Company insiders that own Leggett & Platt stock 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 institutional ownership trends for Leggett & Platt
.

Which major investors are selling Leggett & Platt stock?

LEG stock was sold by a variety of institutional investors in the last quarter, including UMB Bank N A MO, Crossmark Global Holdings Inc., Retirement Systems of Alabama, State of Alaska Department of Revenue, Veracity Capital LLC, Richard P Slaughter Associates Inc, Huntington National Bank, and Woodstock Corp. Company insiders that have sold Leggett & Platt company stock in the last year include Phoebe A Wood, and Scott S Douglas.
View insider buying and selling activity for Leggett & Platt
or view top insider-selling stocks.

Which major investors are buying Leggett & Platt stock?

LEG stock was acquired by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Signature Wealth Management Group, Monument Capital Management, First Hawaiian Bank, Carroll Financial Associates Inc., Arvest Bank Trust Division, and Calamos Advisors LLC.
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.
Compare Top Brokerages Here.

What is Leggett & Platt's stock price today?

One share of LEG stock can currently be purchased for approximately $48.38.

How much money does Leggett & Platt make?

Leggett & Platt has a market capitalization of $6.44 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.

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 or via email at [email protected]


This page was last updated on 4/16/2021 by MarketBeat.com Staff
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