NYSE:LEG Leggett & Platt - LEG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Leggett & Platt, Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. $35.72 +0.40 (+1.13%) (As of 01/27/2023 08:55 PM ET) Add Compare Share Share Today's Range$35.00▼$35.9050-Day Range$31.59▼$35.7752-Week Range$30.28▼$41.94Volume557,800 shsAverage Volume792,756 shsMarket Capitalization$4.74 billionP/E Ratio13.48Dividend Yield4.93%Price Target$37.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Leggett & Platt MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.3% Upside$37.25 Price TargetShort InterestBearish6.28% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.19Upright™ Environmental ScoreNews Sentiment0.63Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth-14.83%From $2.36 to $2.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.38 out of 5 starsConsumer Discretionary Sector261st out of 274 stocksHousehold Furniture Industry8th out of 8 stocks 1.0 Analyst's Opinion Consensus RatingLeggett & Platt has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.25, Leggett & Platt has a forecasted upside of 4.3% from its current price of $35.72.Amount of Analyst CoverageLeggett & Platt has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted6.28% of the float of Leggett & Platt has been sold short.Short Interest Ratio / Days to CoverLeggett & Platt has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.Change versus previous monthShort interest in Leggett & Platt has recently increased by 0.98%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend LeadershipLeggett & Platt is a leading dividend payer. It pays a dividend yield of 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLeggett & Platt has been increasing its dividend for 51 years.Dividend CoverageThe dividend payout ratio of Leggett & Platt is 66.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Leggett & Platt will have a dividend payout ratio of 87.56% in the coming year. This indicates that Leggett & Platt may not be able to sustain their current dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLeggett & Platt has received a -16.42% net impact score from Upright. The largest negative impact of Leggett & Platt in category "GHG emissions" seems to be driven mostly by its "Polyurethane foam", "Nickel tubes", "Car seats", "Aluminium wire", "Packaging coatings", and "Wood-based postal packages" products. See details.Environmental SustainabilityThe Environmental Impact score for Leggett & Platt is -3.19. Previous Next 2.0 News and Social Media Coverage News SentimentLeggett & Platt has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Leggett & Platt this week, compared to 5 articles on an average week.Search InterestOnly 19 people have searched for LEG on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Leggett & Platt to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Leggett & Platt insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.57% of the stock of Leggett & Platt is held by insiders.Percentage Held by Institutions69.42% of the stock of Leggett & Platt is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Leggett & Platt are expected to decrease by -14.83% in the coming year, from $2.36 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Leggett & Platt is 13.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Leggett & Platt is 13.48, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.42.Price to Book Value per Share RatioLeggett & Platt has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Leggett & Platt (NYSE:LEG) StockLeggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring, Furniture & Textile, and Specialized Products. The Bedding Products segment supplies products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Flooring, Furniture & Textile Products segment is a producer of an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The Specialized Products segment supplies titanium, nickel, and stainless-steel tubing for the aerospace industry, and serves the construction market with its hydraulic cylinders group. The company was founded by J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.Read More Receive LEG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Leggett & Platt and its competitors with MarketBeat's FREE daily newsletter. Email Address LEG Stock News HeadlinesJanuary 26, 2023 | finance.yahoo.comPositive earnings growth hasn't been enough to get Leggett & Platt (NYSE:LEG) shareholders a favorable return over the last three yearsJanuary 25, 2023 | marketwatch.comLeggett & Platt Inc. stock rises Wednesday, outperforms marketJanuary 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 25, 2023 | marketwatch.comGlobal Residential Furniture Market Size Growth Rate Analysis 2023 by Marketing Channel, Distributors, Market Restraints and Forecast to 2028January 24, 2023 | finance.yahoo.comLeggett & Platt Announces 4Q 2022 Earnings CallJanuary 23, 2023 | msn.comWeek 6 boys basketball recap: Windsor Locks is undefeated, Platt’s Anthony Nimani has 44 points in win over MaloneyJanuary 23, 2023 | marketwatch.comFolding Furniture Market Size, Share, Trend, Growth and Forecast to 2028January 21, 2023 | seekingalpha.comLeggett & Platt: Sturdy Foundation But Underwhelming ProjectionsJanuary 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 20, 2023 | marketwatch.comResidential Furniture Market 2023 Expected to Reach Significant Rate by 2028January 19, 2023 | marketwatch.comWireless Power Transmission Market is Set to Grow in forecast period 2028January 19, 2023 | marketwatch.comAdjustable Bed Base and Bed Set Market: 2023 Complete Research on Prominent Player, Business Prospect, and Growth Rate By 2029January 16, 2023 | marketwatch.comAircraft and Aerospace Die Casting Components Market 2023 : SWOT Analysis by Players Continues Explosive Growth by 2028January 13, 2023 | marketwatch.comFolding Furniture Market Size, Gross Margin, Growth, 2023 Trend, Share, Future Demand, Analysis by Top Leading Player and Forecast Till 2030January 13, 2023 | marketwatch.comMattress Spring Wire Market Evolution Segmentation and Insight of Trends 2023 to 2028 with Top Countries DataJanuary 12, 2023 | marketwatch.comTextiles Home Decor Market 2023 : Regional Scope, Growth Statistics, Demand and Regional Outlook 2028January 12, 2023 | nypost.comBen Platt to lead ‘Parade’ revival on BroadwayJanuary 12, 2023 | marketwatch.comWindow Dressings Market (New Report) 2023 Is Flourishing Around the World by 2029 | 127 Pages ReportJanuary 11, 2023 | seekingalpha.comLeggett & Platt: Dividend Growth Could Be At Risk In 2023January 10, 2023 | msn.comThe Best Adjustable Beds for a Good Night's SleepJanuary 10, 2023 | marketwatch.comAdjustable Bed Base and Bed Set Market: Exponential Growth Expected with Complete SWOT Analysis by Forecast from 2023 to 2028January 7, 2023 | marketwatch.comAutomotive Seat Actuation System Market : Projections and Regional Outlook, Set for Rapid Growth and Trend by 2023 To 2028January 5, 2023 | marketwatch.comMultifunctional Furniture Market Growth, Opportunity, Trends, Service, Forecast To 2028January 4, 2023 | marketwatch.comResidential Furniture Market Size with Global Industry Analysis, Revenue, Future Growth, Business Prospects and Forecast 2023 to 2028December 27, 2022 | msn.comLeggett & Platt's Debt OverviewDecember 27, 2022 | finance.yahoo.comLeggett & Platt, Incorporated (NYSE:LEG) is favoured by institutional owners who hold 72% of the companyDecember 15, 2022 | marketwatch.comLeggett & Platt Inc. stock falls Thursday, still outperforms marketSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LEG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Leggett & Platt and its competitors with MarketBeat's FREE daily newsletter. Email Address LEG Company Calendar Last Earnings10/31/2021Ex-Dividend for 1/13 Dividend12/14/2022Dividend Payable1/13/2023Today1/30/2023Next Earnings (Confirmed)2/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Household furniture Sub-IndustryHome Furnishings SectorConsumer Discretionary Current SymbolNYSE:LEG CUSIP52466010 CIK58492 Webwww.leggett.com Phone(417) 358-8131Fax417-358-8449Employees20,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$37.25 High Stock Price Forecast$50.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+4.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.65 Trailing P/E Ratio13.48 Forward P/E Ratio15.14 P/E GrowthN/ANet Income$402.40 million Net Margins6.86% Pretax Margin8.86% Return on Equity22.32% Return on Assets6.89% Debt Debt-to-Equity Ratio1.37 Current Ratio2.07 Quick Ratio1.06 Sales & Book Value Annual Sales$5.07 billion Price / Sales0.93 Cash Flow$4.26 per share Price / Cash Flow8.38 Book Value$12.36 per share Price / Book2.89Miscellaneous Outstanding Shares132,580,000Free Float130,496,000Market Cap$4.74 billion OptionableOptionable Beta1.26 Key ExecutivesJ. Mitchell DolloffPresident, Chief Executive Officer & DirectorJeffrey L. TateChief Financial Officer & Executive Vice PresidentMichael W. BlinzlerChief Information Officer & Vice President-ITVincent LyonsVice President-Engineering & TechnologySteven K. HendersonExecutive VP & President-Specialized ProductsKey CompetitorsLa-Z-BoyNYSE:LZBPowerSchoolNYSE:PWSCiQIYINASDAQ:IQRed Rock ResortsNASDAQ:RRRCable OneNYSE:CABOView All CompetitorsInsiders & InstitutionsMonument Capital ManagementBought 1,872 shares on 1/27/2023Ownership: 0.048%State of Michigan Retirement SystemBought 300 shares on 1/27/2023Ownership: 0.025%Natixis Advisors L.P.Sold 54,068 shares on 1/27/2023Ownership: 0.014%Jeppson Wealth Management LLCBought 346 shares on 1/27/2023Ownership: 0.007%Oregon Public Employees Retirement FundBought 299 shares on 1/26/2023Ownership: 0.029%View All Insider TransactionsView All Institutional Transactions LEG Stock - Frequently Asked Questions Should I buy or sell Leggett & Platt stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LEG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LEG, but not buy additional shares or sell existing shares. View LEG analyst ratings or view top-rated stocks. What is Leggett & Platt's stock price forecast for 2023? 3 Wall Street research analysts have issued twelve-month target prices for Leggett & Platt's stock. Their LEG share price forecasts range from $24.00 to $50.00. On average, they expect the company's stock price to reach $37.25 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View analysts price targets for LEG or view top-rated stocks among Wall Street analysts. How have LEG shares performed in 2023? Leggett & Platt's stock was trading at $32.23 at the start of the year. Since then, LEG stock has increased by 10.8% and is now trading at $35.72. View the best growth stocks for 2023 here. Are investors shorting Leggett & Platt? Leggett & Platt saw a increase in short interest in December. As of December 15th, there was short interest totaling 8,520,000 shares, an increase of 12.0% from the November 30th total of 7,610,000 shares. Based on an average daily trading volume, of 873,100 shares, the short-interest ratio is presently 9.8 days. Currently, 6.5% of the company's shares are sold short. View Leggett & Platt's Short Interest. When is Leggett & Platt's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023. View our LEG earnings forecast. How can I listen to Leggett & Platt's earnings call? Leggett & Platt will be holding an earnings conference call on Tuesday, February 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Leggett & Platt's earnings last quarter? Leggett & Platt, Incorporated (NYSE:LEG) posted its quarterly earnings data on Sunday, October, 31st. The company reported $0.71 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by $0.06. The business earned $1.32 billion during the quarter, compared to the consensus estimate of $1.31 billion. Leggett & Platt had a trailing twelve-month return on equity of 22.32% and a net margin of 6.86%. The business's revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.80 earnings per share. Read the conference call transcript. How often does Leggett & Platt pay dividends? What is the dividend yield for Leggett & Platt? Leggett & Platt announced a quarterly dividend on Friday, November 18th. Shareholders of record on Thursday, December 15th will be given a dividend of $0.44 per share on Friday, January 13th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date of this dividend is Wednesday, December 14th. Read our dividend analysis for LEG. Is Leggett & Platt a good dividend stock? Leggett & Platt (NYSE:LEG) pays an annual dividend of $1.76 per share and currently has a dividend yield of 4.98%. LEG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 66.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, LEG will have a dividend payout ratio of 87.56% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for LEG. What guidance has Leggett & Platt issued on next quarter's earnings? Leggett & Platt updated its fourth quarter 2022 earnings guidance on Monday, November, 7th. The company provided EPS guidance of $0.42-$0.57 for the period, compared to the consensus estimate of $0.52. The company issued revenue guidance of $1.15 billion-$1.25 billion, compared to the consensus revenue estimate of $1.26 billion. What is Karl G. Glassman's approval rating as Leggett & Platt's CEO? 59 employees have rated Leggett & Platt Chief Executive Officer Karl G. Glassman on Glassdoor.com. Karl G. Glassman has an approval rating of 82% among the company's employees. 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 Capital Advisors Inc. OK (0.36%), Villere ST Denis J & Co. LLC (0.27%), UMB Bank n.a. (0.20%), First National Corp MA ADV (0.14%), Crossmark Global Holdings Inc. (0.10%) and Richard P Slaughter Associates Inc (0.08%). Insiders that own company stock include Joseph W Mcclanathan, Judy C Odom, Karl G Glassman, Kimberly Rutledge, Phoebe A Wood, Robert E Brunner, Scott S Douglas and Susan R Mccoy. View institutional ownership trends. How do I buy shares of Leggett & Platt? Shares of LEG stock 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 $35.72. How much money does Leggett & Platt make? Leggett & Platt (NYSE:LEG) has a market capitalization of $4.74 billion and generates $5.28 billion in revenue each year. The company earns $402.40 million in net income (profit) each year or $2.65 on an earnings per share basis. How many employees does Leggett & Platt have? The company employs 20,300 workers across the globe. How can I contact Leggett & Platt? Leggett & Platt's mailing address is NO. 1 LEGGETT ROAD, CARTHAGE MO, 64836. The official website for the company is www.leggett.com. The company can be reached via phone at (417) 358-8131, via email at invest@leggett.com, or via fax at 417-358-8449. This page (NYSE:LEG) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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