NYSE:LEG - Leggett & Platt Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$40.77 -1.59 (-3.75 %)
(As of 03/25/2019 06:35 AM ET)
Previous Close$42.36
Today's Range$40.73 - $42.19
52-Week Range$33.48 - $46.71
Volume1.22 million shs
Average Volume1.08 million shs
Market Capitalization$5.34 billion
P/E Ratio16.44
Dividend Yield3.73%
Beta1.1
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. It serves manufacturers of finished bedding, upholstered furniture, packaging, filtration, and draperies; retailers and distributors of carpet cushions; and contractors, landscapers, road construction companies, and government agencies using geo components. The Furniture Products segment offers molded plywood components; bases, columns, back rests, control devices, and casters and frames; private-label finished furniture; beds and bed frames; adjustable beds; and steel mechanisms and hardware, and springs and seat suspensions. It serves upholstered and office furniture manufacturers; department stores and big box retailers; e-commerce retailers; and mattress and furniture retailers. The Industrial Products segment offers drawn wires, bedding and furniture components, automotive seat suspension systems, and steel rods. It serves packaging and baling companies, mechanical spring manufacturers, and wire distributors. The Specialized Products segment offers mechanical and pneumatic lumbar support and massage systems, seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless steel tubing, formed tube, and tube assemblies; and engineered hydraulic cylinders. It serves automobile and mobile equipment OEMs, and aerospace suppliers. The company sells its products through sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is headquartered in Carthage, Missouri.

Receive LEG News and Ratings via Email

Sign-up to receive the latest news and ratings for LEG and its competitors with MarketBeat's FREE daily newsletter.

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$3.6598 per share
Book Value$8.88 per share

Profitability

Net Income$305.90 million

Miscellaneous

Employees22,000
Market Cap$5.34 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 Wednesday, February 27th. Shareholders of record on Friday, March 15th will be given a dividend of $0.38 per share on Monday, April 15th. This represents a $1.52 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date is Thursday, March 14th. View Leggett & Platt's Dividend History.

How were Leggett & Platt's earnings last quarter?

Leggett & Platt, Inc. (NYSE:LEG) issued its quarterly earnings results on Monday, February, 4th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.05. The company earned $1.05 billion during the quarter, compared to analysts' expectations of $1.02 billion. Leggett & Platt had a net margin of 7.16% and a return on equity of 28.99%. Leggett & Platt's revenue was up 6.7% on a year-over-year basis. During the same period last year, the company earned $0.59 EPS. 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, April 25th 2019. View Earnings Estimates for Leggett & Platt.

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

Leggett & Platt updated its FY19 earnings guidance on Monday, February, 4th. The company provided earnings per share (EPS) guidance of $2.45-$2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.65. The company issued revenue guidance of $4.95-$5.10 billion, compared to the consensus revenue estimate of $4.59 billion.

What price target have analysts set for LEG?

5 equities research analysts have issued 12 month price targets for Leggett & Platt's shares. Their forecasts range from $40.00 to $50.00. On average, they anticipate Leggett & Platt's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for Leggett & Platt.

What is the consensus analysts' recommendation for Leggett & Platt?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Leggett & Platt.

Has Leggett & Platt been receiving favorable news coverage?

News coverage about LEG stock has been trending neutral recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Leggett & Platt earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next few days.

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), Mcdonald's (MCD), Johnson & Johnson (JNJ), Verizon Communications (VZ), Walmart (WMT), Exxon Mobil (XOM), Procter & Gamble (PG), 3M (MMM), Home Depot (HD) and Cisco Systems (CSCO).

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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.72%), Bank of New York Mellon Corp (4.45%), Epoch Investment Partners Inc. (2.14%), Geode Capital Management LLC (1.62%), Geode Capital Management LLC (1.62%) and Raymond James & Associates (1.35%). Company insiders that own Leggett & Platt stock include David M Desonier, Joseph W Mcclanathan, Judy C Odom, Karl G Glassman, Matthew C Flanigan, Robert Ted Enloe III, Russell J Iorio, Scott S Douglas and Tammy M Trent. View Institutional Ownership Trends for Leggett & Platt.

Which institutional investors are selling Leggett & Platt stock?

LEG stock was sold by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Bank of Montreal Can, BOKF NA, Bank of America Corp DE, D.A. Davidson & CO., Villere ST Denis J & Co. LLC, United Services Automobile Association and Apertura Capital LLC. Company insiders that have sold Leggett & Platt company stock in the last year include Joseph W Mcclanathan, Matthew C Flanigan, Robert Ted Enloe III, Russell J Iorio and Scott S Douglas. View Insider Buying and Selling for Leggett & Platt.

Which institutional investors are buying Leggett & Platt stock?

LEG stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Norges Bank, Alps Advisors Inc., Oregon Public Employees Retirement Fund, BlackRock Inc., OLD Republic International Corp, Raymond James & Associates and First Trust Advisors LP. 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, Scottrade, Fidelity and Charles Schwab.

What is Leggett & Platt's stock price today?

One share of LEG stock can currently be purchased for approximately $40.77.

How big of a company is Leggett & Platt?

Leggett & Platt has a market capitalization of $5.34 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.

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:  2.3 out of 5 (star star)
Outperform Votes:  261 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  578
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 3/25/2019 by MarketBeat.com Staff

Featured Article: Stop Order

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel