S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
NYSE:LEG

Leggett & Platt Stock Forecast, Price & News

$47.39
-0.15 (-0.32 %)
(As of 10/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$47.37
$48.37
50-Day Range
$44.48
$49.75
52-Week Range
$39.25
$59.16
Volume622,088 shs
Average Volume817,520 shs
Market Capitalization$6.32 billion
P/E Ratio15.85
Dividend Yield3.67%
Beta1.48
30 days | 90 days | 365 days | Advanced Chart
Receive LEG 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.


Leggett & Platt logo

About Leggett & Platt

Leggett & 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 of 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 serve the construction market with hydraulic cylinders group. The company was founded J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Home Furnishings
CUSIP
52466010
Employees
20,400
Year Founded
N/A

Sales & Book Value

Annual Sales
$4.28 billion
Cash Flow
$3.86 per share
Book Value
$10.49 per share

Profitability

Net Income
$247.60 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$6.32 billion
Next Earnings Date
11/1/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.63 out of 5 stars

Consumer Discretionary Sector

54th out of 385 stocks

Household Furniture Industry

3rd out of 12 stocks

Analyst Opinion: 1.3Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Leggett & Platt (NYSE:LEG) Frequently Asked Questions

Is Leggett & Platt a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Leggett & Platt stock.
View analyst ratings for Leggett & Platt
or view top-rated stocks.

What stocks does MarketBeat like better than Leggett & Platt?

Wall Street analysts have given Leggett & Platt a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Leggett & Platt wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Leggett & Platt's next earnings date?

Leggett & Platt is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Leggett & Platt
.

How can I listen to Leggett & Platt's earnings call?

Leggett & Platt will be holding an earnings conference call on Tuesday, November 2nd 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) released its quarterly earnings data on Sunday, August, 1st. The company reported $0.66 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.12. The business earned $1.27 billion during the quarter, compared to analysts' expectations of $1.23 billion. Leggett & Platt had a trailing twelve-month return on equity of 27.49% and a net margin of 8.48%. The company's quarterly revenue was up 50.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 earnings per share.
View Leggett & Platt's earnings history
.

How has Leggett & Platt's stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, LEG stock has increased by 38.2% and is now trading at $47.39.
View which stocks have been most impacted by COVID-19
.

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

Leggett & Platt announced a quarterly dividend on Wednesday, August 11th. Investors of record on Wednesday, September 15th will be paid a dividend of $0.42 per share on Friday, October 15th. This represents a $1.68 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Tuesday, September 14th.
View Leggett & Platt's dividend history
.

Is Leggett & Platt a good dividend stock?

Leggett & Platt pays an annual dividend of $1.68 per share and currently has a dividend yield of 3.67%. Leggett & Platt has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Leggett & Platt is 78.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Leggett & Platt will have a dividend payout ratio of 54.02% next year. This indicates that Leggett & Platt will be able to sustain or increase its dividend.
View Leggett & Platt's dividend history.

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

Leggett & Platt issued an update on its FY 2021 earnings guidance on Monday, August, 9th. The company provided earnings per share (EPS) guidance of $2.700-$2.900 for the period, compared to the Thomson Reuters consensus estimate of $2.720. The company issued revenue guidance of $4.90 billion-$5.10 billion, compared to the consensus revenue estimate of $4.91 billion.

What price target have analysts set for LEG?

3 brokerages have issued 12 month price targets for Leggett & Platt's stock. Their forecasts range from $42.00 to $60.00. On average, they anticipate Leggett & Platt's share price to reach $51.33 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price.
View analysts' price targets for Leggett & Platt
or view top-rated stocks among Wall Street analysts.

Who are Leggett & Platt's key executives?

Leggett & Platt's management team includes the following people:
  • Karl G. Glassman, Chairman & Chief Executive Officer
  • J. Mitchell Dolloff, President, Chief Operating Officer & Director
  • Jeffrey L. Tate, Chief Financial Officer & Executive Vice President
  • Michael W. Blinzler, Chief Information Officer & Vice President-IT
  • Vincent Lyons, Vice President-Engineering & Technology

What is Karl G. Glassman's approval rating as Leggett & Platt's CEO?

59 employees have rated Leggett & Platt CEO Karl G. Glassman on Glassdoor.com. Karl G. Glassman has an approval rating of 82% among Leggett & Platt's employees.

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), 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 shareholders include Hamlin Capital Management LLC (1.53%), Ferguson Wellman Capital Management Inc. (0.41%), Villere ST Denis J & Co. LLC (0.29%), UMB Bank N A MO (0.21%), Crossmark Global Holdings Inc. (0.09%) and Becker Capital Management Inc. (0.08%). Company insiders that own Leggett & Platt stock include Joseph W Mcclanathan, Judy C Odom, Karl G Glassman, Kimberly Rutledge, Phoebe A Wood, Robert Ted Enloe III, Russell J Iorio, Scott S Douglas and Susan R Mccoy.
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 Chevy Chase Trust Holdings Inc., Becker Capital Management Inc., Lawson Kroeker Investment Management Inc. NE, UMB Bank N A MO, Strs Ohio, Monument Capital Management, Woodstock Corp, and State of Alaska Department of Revenue. Company insiders that have sold Leggett & Platt company stock in the last year include Joseph W Mcclanathan, Judy C Odom, Kimberly Rutledge, Phoebe A Wood, Scott S Douglas, and Susan R Mccoy.
View insider buying and selling activity for Leggett & Platt
or view top insider-selling stocks.

Which institutional investors are buying Leggett & Platt stock?

LEG stock was acquired by a variety of institutional investors in the last quarter, including Richard P Slaughter Associates Inc, Hamlin Capital Management LLC, Private Advisor Group LLC, Ferguson Wellman Capital Management Inc., New England Research & Management Inc., Nisa Investment Advisors LLC, Kinloch Capital LLC, and CENTRAL TRUST Co.
View insider buying and selling activity for Leggett & Platt
or or view top insider-buying stocks.

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 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 $47.39.

How much money does Leggett & Platt make?

Leggett & Platt has a market capitalization of $6.32 billion and generates $4.28 billion in revenue each year. The company earns $247.60 million in net income (profit) each year or $2.13 on an earnings per share basis.

How many employees does Leggett & Platt have?

Leggett & Platt employs 20,400 workers across the globe.

What is Leggett & Platt's official website?

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

Where are Leggett & Platt's headquarters?

Leggett & Platt is headquartered at NO. 1 LEGGETT ROAD, CARTHAGE MO, 64836.

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].


This page was last updated on 10/24/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.