NYSE:LEGLeggett & Platt Stock Price, Forecast & News

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. Since then, LEG shares have decreased by 1.1% and is now trading at $33.92. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 5 hold ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Leggett & Platt.

Leggett & Platt is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Leggett & Platt.

Leggett & Platt, Inc. (NYSE:LEG) posted its earnings results on Monday, May, 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. The business had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.09 billion. Leggett & Platt had a net margin of 6.86% and a return on equity of 26.61%. The business's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 EPS. View Leggett & Platt's earnings history.

Leggett & Platt announced a quarterly dividend on Friday, May 15th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.40 per share on Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 4.72%. The ex-dividend date is Friday, June 12th. View Leggett & Platt's dividend history.

6 equities research analysts have issued 12 month price objectives for Leggett & Platt's shares. Their forecasts range from $20.00 to $54.00. On average, they anticipate Leggett & Platt's share price to reach $36.40 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for Leggett & Platt.

News articles about LEG stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Leggett & Platt earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave media stories 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 company's share price in the near term. View the latest news about Leggett & Platt.

Leggett & Platt saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 5,500,000 shares, a drop of 13.9% from the June 15th total of 6,390,000 shares. Based on an average daily volume of 1,780,000 shares, the days-to-cover ratio is presently 3.1 days. Currently, 4.2% of the shares of the company 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). View all competitors.

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

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

Leggett & Platt's stock is owned by a number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.12%), Richard P Slaughter Associates Inc (0.02%), Municipal Employees Retirement System of Michigan (0.01%) and Woodstock Corp (0.01%). 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 Envestnet Asset Management Inc.. 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, and Susan R Mccoy. View insider buying and selling activity for Leggett & Platt.

LEG stock was acquired by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, Richard P Slaughter Associates Inc, and Woodstock Corp. View insider buying and selling activity 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 $33.92.

Leggett & Platt has a market capitalization of $4.49 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.

The official website for Leggett & Platt is 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]