Leggett & Platt, Incorporated (LEG)
| Market Cap | 900.14M |
| Revenue (ttm) | 4.38B |
| Net Income (ttm) | -511.50M |
| Shares Out | 134.95M |
| EPS (ttm) | -3.73 |
| PE Ratio | n/a |
| Forward PE | 6.26 |
| Dividend | $0.20 (3.00%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 1,791,056 |
| Open | 6.76 |
| Previous Close | 6.82 |
| Day's Range | 6.63 - 6.87 |
| 52-Week Range | 6.54 - 18.49 |
| Beta | 1.00 |
| Analysts | Hold |
| Price Target | 11.25 (+68.67%) |
| Earnings Date | Apr 28, 2025 |
About LEG
Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. The company offers steel rod, drawn wire, innersprings, specialty foam chemicals and additives, for use in bedding and furniture, semi-finished mattresses, private label finished mattresses, pillows and toppers, static foundations, adjustable beds, machines to produce innersprings, industrial sewing and quilting machines, and mattress-packaging and glue-drying equipment to in... [Read more]
Financial Performance
In 2024, Leggett & Platt's revenue was $4.38 billion, a decrease of -7.23% compared to the previous year's $4.73 billion. Losses were -$511.50 million, 273.9% more than in 2023.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for LEG stock is "Hold." The 12-month stock price forecast is $11.25, which is an increase of 68.67% from the latest price.
News
Leggett & Platt Announces 1Q 2025 Results
Carthage, MO, April 15, 2025 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release first quarter earnings result...
Leggett & Platt Signs Agreement to Sell its Aerospace Products Group
CARTHAGE, Mo. , April 2, 2025 /PRNewswire/ -- Leggett & Platt has signed an agreement to sell its Aerospace Products Group to affiliated funds managed by Tinicum Incorporated for a cash purchase price...
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group a...
Leggett & Platt Announces Quarterly Dividend of $.05
CARTHAGE, Mo. , Feb. 26, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the first quarter 2025.
Why Dividends Matter, Even The Little Ones
Dividends provide a reliable income stream, especially during tough economic times, alleviating financial pressure without the need to sell shares. Persistent inflation makes dividend income increasin...
Leggett & Platt: Financial Improvements, New Cash Coming, And Quite Cheap
Leggett & Platt appears undervalued, trading at 9.8x GAAP FWD earnings and 6.7x 2029 EPS, making it a potential buy. Significant reorganization efforts, including Hydraulic Cylinders and G&A initiativ...
Leggett & Platt, Incorporated (LEG) Q4 2024 Earnings Call Transcript
Leggett & Platt, Incorporated (NYSE:LEG) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Cassie Branscum - VP, IR Karl Glassman - CEO Ben Burns - CFO Tyson Hagale -...
Leggett & Platt Reports 4Q and Full Year 2024 Results and Announces Leadership Update for the Specialized Products Segment
CARTHAGE, Mo. , Feb. 13, 2025 /PRNewswire/ -- 4Q sales of $1.1 billion, a 5% decrease vs 4Q23 4Q EPS of $.10, 4Q adjusted1 EPS of $.21, a $.05 decrease vs adjusted1 4Q23 EPS 2024 sales of $4.4 billion...
LEGGETT & PLATT ANNOUNCES 4Q AND FULL YEAR 2024 EARNINGS CALL
Carthage, MO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release fourth quarter and full year e...
Collect Dividends Like Clockwork From These 2 Dividend Kings
Procter & Gamble and Coca-Cola, despite recent pullbacks, remain strong long-term dividend investments due to their resilient business models and consistent dividend histories. Both companies face sho...
Leggett: A Long-Term Player That's Also Relatively Inexpensive
Leggett & Platt's vertical integration and restructuring plans are expected to enhance operating margins and free cash flow growth, making the stock undervalued at $9-$10. The company's stock repurcha...
LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05
CARTHAGE, Mo. , Nov. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter 2024.
Leggett & Platt: A Fair Company At A Wonderful Price
Leggett & Platt, a former Dividend King, was forced to cut their dividend by 89% earlier this year due to headwinds. The company now expects to use freed-up capital to pay down debt and deleverage tow...
Leggett & Platt, Incorporated (LEG) Q3 2024 Earnings Call Transcript
Leggett & Platt, Incorporated (NYSE:LEG) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Cassie Branscum - Vice President, Investor Relations Karl Glassman - Chief E...
LEGGETT & PLATT REPORTS 3Q RESULTS
CARTHAGE, Mo. , Oct. 28, 2024 /PRNewswire/ -- 3Q sales of $1.1 billion, a 6% decrease vs 3Q23 3Q EPS of $.33; 3Q adjusted1 EPS of $.32, a $.04 decrease vs adjusted1 3Q23 EPS 2024 EPS guidance is ($3.5...
Buy 7 September Dividend Kings, Watch 9 More
"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sect...
2 Fallen Former Dividend Kings For A Small Cap Recovery Trade
Small caps that were once large are optimal in this environment for a small cap trade in my opinion. Despite challenges, some companies like Leggett & Platt and VF Corporation are working on turnaroun...
20 stocks the bears can't easily short — and that's why you shouldn't buy them
Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.
53 August Dividend Kings: Buy 7, Watch 9 More
“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. B...
Dividend Income: Lanny's July 2024 Summary
In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high l...
Leggett & Platt: True Earning Power Could Have Been Overestimated
Leggett & Platt's gross profit margin has been shrinking for the past eight years, which has offset any growth in sales during that time frame. The true earning power of LEG may have been overestimate...
Leggett & Platt, Incorporated (LEG) Q2 2024 Earnings Call Transcript
Leggett & Platt, Incorporated (NYSE:LEG) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Cassie Branscum - Vice President, Investor Relations Karl Glassman - President...
LEGGETT & PLATT REPORTS 2Q RESULTS
CARTHAGE, Mo. , Aug. 1, 2024 /PRNewswire/ -- 2Q sales of $1.1 billion, an 8% decrease vs 2Q23 2Q EPS of ($4.39), primarily due to a non-cash goodwill impairment charge 2Q adjusted1 EPS of $.29, a $.09...
Leggett & Platt: A Cash Generation Machine Priced At A Discount
Leggett & Platt's share price has declined by more than 80% over the past 3 years, culminating in a drop of over 25% after the recent dividend cut. Recent weakness in the industry and low-cost competi...
KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...