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

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

Leggett & Platt announced a quarterly dividend on Wednesday, February 19th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.40 per share on Wednesday, April 15th. This represents a $1.60 annualized dividend and a yield of 3.58%. The ex-dividend date is Thursday, March 12th. View Leggett & Platt's Dividend History.

Leggett & Platt, Inc. (NYSE:LEG) issued its earnings results on Monday, February, 3rd. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.02. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.16 billion. Leggett & Platt had a net margin of 7.02% and a return on equity of 27.79%. The firm's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.62 EPS. View Leggett & Platt's Earnings History.

Leggett & Platt is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Leggett & Platt.

Leggett & Platt issued an update on its FY20 earnings guidance on Monday, February, 3rd. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.74. The company issued revenue guidance of $4.7-4.9 billion, compared to the consensus revenue estimate of $4.95 billion.

5 Wall Street analysts have issued 1-year price objectives for Leggett & Platt's shares. Their forecasts range from $54.00 to $55.00. On average, they expect Leggett & Platt's stock price to reach $54.50 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for Leggett & Platt.

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

News headlines about LEG stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. 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 news sentiment score of -2.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Leggett & Platt.

Leggett & Platt saw a increase in short interest in January. As of January 31st, there was short interest totalling 9,130,000 shares, an increase of 10.3% from the January 15th total of 8,280,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is currently 7.0 days. Approximately 7.0% 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).

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

Leggett & Platt's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (10.99%), Charles Schwab Investment Advisory Inc. (2.71%), ProShare Advisors LLC (1.89%), Geode Capital Management LLC (1.66%), US Bancorp DE (1.51%) and Bank of New York Mellon Corp (1.32%). 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 Bank of New York Mellon Corp, State Street Corp, First Trust Advisors LP, Villere ST Denis J & Co. LLC, Citigroup Inc., Capital Advisors Inc. OK, Becker Capital Management Inc. and US Bancorp DE. 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 for Leggett & Platt.

LEG stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Renaissance Technologies LLC, Cipher Capital LP, Geode Capital Management LLC, Schroder Investment Management Group, Man Group plc, AQR Capital Management LLC and Charles Schwab Investment Advisory Inc.. View Insider Buying and Selling 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 $44.71.

Leggett & Platt has a market capitalization of $5.88 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.View Additional Information About Leggett & Platt.

The official website for Leggett & Platt is http://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]