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

$40.81
-0.47 (-1.14 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$40.69
Now: $40.81
$41.45
50-Day Range
$36.05
MA: $38.87
$42.40
52-Week Range
$33.48
Now: $40.81
$46.50
Volume2.09 million shs
Average Volume952,532 shs
Market Capitalization$5.37 billion
P/E Ratio16.46
Dividend Yield3.88%
Beta1.08
Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. It operates through four segments: Residential Products, Furniture Products, Industrial Products, and Specialized Products. The Residential Products segment offers innersprings, wire forms, and machines to shape wire into various types of springs; industrial sewing/finishing machines, conveyor lines, mattress packaging, and glue-drying equipment, as well as quilting machines; and structural fabrics, carpet cushions, and geo components. Read More…

Industry, Sector and Symbol

Industry Household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
CUSIP52466010
Phone417-358-8131

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.27 billion
Cash Flow$3.6179 per share
Book Value$8.88 per share

Profitability

Net Income$305.90 million

Miscellaneous

Employees22,000
Market Cap$5.37 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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Leggett & Platt (NYSE:LEG) Frequently Asked Questions

What is Leggett & Platt's stock symbol?

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

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

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

How were Leggett & Platt's earnings last quarter?

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

When is Leggett & Platt's next earnings date?

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

What guidance has Leggett & Platt issued on next quarter's earnings?

Leggett & Platt updated its FY 2019 earnings guidance on Monday, July, 29th. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus 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.

What price target have analysts set for LEG?

3 equities research analysts have issued twelve-month price targets for Leggett & Platt's shares. Their predictions range from $40.00 to $44.00. On average, they expect Leggett & Platt's stock 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.

What is the consensus analysts' recommendation 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.

Has Leggett & Platt been receiving favorable news coverage?

News coverage about LEG stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Leggett & Platt earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Leggett & Platt.

Are investors shorting 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 trading volume of 1,240,000 shares, the short-interest ratio is presently 12.2 days. Currently, 11.7% of the company's shares are short sold. View Leggett & Platt's Current Options Chain.

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), PepsiCo (PEP), Verizon Communications (VZ), 3M (MMM), Mcdonald's (MCD), Cardinal Health (CAH), Johnson & Johnson (JNJ), Procter & Gamble (PG) and AbbVie (ABBV).

Who are Leggett & Platt's key executives?

Leggett & Platt's management team includes the folowing people:
  • Mr. Karl G. Glassman, CEO, Pres & Director (Age 61)
  • Mr. Matthew C. Flanigan, Exec. VP, CFO & Director (Age 57)
  • Mr. J. Mitchell Dolloff, Exec. VP, COO and Pres of Specialized Products & Furniture Products (Age 53)
  • Mr. Scott S. Douglas, Sr. VP, Gen. Counsel & Sec. (Age 59)
  • Mr. Perry E. Davis, Exec. VP and Pres of Residential Products & Industrial products (Age 60)

Who are Leggett & Platt's major shareholders?

Leggett & Platt's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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.

Which major investors are selling Leggett & Platt stock?

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.

Which major investors are buying Leggett & Platt stock?

LEG stock was bought 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Leggett & Platt's stock price today?

One share of LEG stock can currently be purchased for approximately $40.81.

How big of a company is Leggett & Platt?

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.

What is Leggett & Platt's official website?

The official website for Leggett & Platt is http://www.leggett.com/.

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]


MarketBeat Community Rating for Leggett & Platt (NYSE LEG)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  286 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  640
MarketBeat's community ratings are surveys of what our community members think about Leggett & Platt and other stocks. Vote "Outperform" if you believe LEG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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