Leggett & Platt, Incorporated (LEG)

NYSE: LEG · IEX Real-Time Price · USD
25.41
+0.07 (0.28%)
At close: Sep 29, 2023, 4:00 PM
25.80
+0.39 (1.53%)
After-hours: Sep 29, 2023, 7:58 PM EDT
0.28%
Market Cap 3.38B
Revenue (ttm) 4.93B
Net Income (ttm) 231.90M
Shares Out 133.19M
EPS (ttm) 1.70
PE Ratio 14.95
Forward PE 15.75
Dividend $1.84 (7.24%)
Ex-Dividend Date Sep 14, 2023
Volume 1,012,063
Open 25.64
Previous Close 25.34
Day's Range 25.29 - 25.69
52-Week Range 24.37 - 38.55
Beta 1.30
Analysts Hold
Price Target 28.67 (+12.83%)
Earnings Date Oct 30, 2023

About LEG

Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, private label finished mattresses, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for ind... [Read more]

Founded 1883
Employees 19,900
Stock Exchange NYSE
Ticker Symbol LEG
Full Company Profile

Financial Performance

In 2022, LEG's revenue was $5.15 billion, an increase of 1.46% compared to the previous year's $5.07 billion. Earnings were $309.80 million, a decrease of -23.01%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for LEG stock is "Hold." The 12-month stock price forecast is $28.67, which is an increase of 12.83% from the latest price.

Price Target
$28.67
(12.83% upside)
Analyst Consensus: Hold
Stock Forecasts

News

These 20 dividend-paying stocks get a double boost from declining interest rates

Bonds will do well if U.S. interest rates decline in coming months. What you may not appreciate is that dividend-paying stocks are likely to do even better.

5 weeks ago - Market Watch

LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.46

CARTHAGE, Mo. , Aug. 8, 2023 /PRNewswire/ -- Third quarter dividend is $.46 per share, an increase of 4.5% versus 3Q 2022 Indicated dividend yield is 6.2% Annual dividends have increased for 52 consec...

7 weeks ago - PRNewsWire

2 Attractively Valued Dividend Aristocrats

The allure of Dividend Aristocrats is perennially enticing for investors seeking a reliable income stream. In the fluctuating landscape of the stock market, they stand as reliable beacons, resilient e...

Other symbols: AMCR
2 months ago - GuruFocus

LEGGETT & PLATT REPORTS 2Q RESULTS

CARTHAGE, Mo. , July 31, 2023 /PRNewswire/ -- 2Q sales of $1.22 billion, an 8% decrease vs 2Q22 2Q EPS of $.40, a decrease of $.30 vs 2Q22; 2Q adjusted1 EPS of $.38, down $.32 vs 2Q22 2Q cash from ope...

2 months ago - PRNewsWire

Leggett & Platt Announces 2Q 2023 Earnings Call

Carthage, MO, July 17, 2023 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release second quarter earnings result...

2 months ago - GlobeNewsWire

Leggett & Platt names Benjamin Burns new CFO

Leggett & Platt Inc. LEG, -1.59% said late Thursday that Benjamin Burns was appointed chief financial officer on Wednesday. Burns succeeds Jeffrey Tate, who “departed from his position.

3 months ago - Market Watch

LEGGETT & PLATT ANNOUNCES NEW CHIEF FINANCIAL OFFICER

CARTHAGE, Mo. , June 22, 2023 /PRNewswire/ -- Diversified manufacturer Leggett & Platt announced that its Board of Directors appointed Benjamin M.

3 months ago - PRNewsWire

LEGGETT & PLATT ANNOUNCES ANNUAL MEETING RESULTS AND CHANGES TO BOARD OF DIRECTORS

CARTHAGE, Mo. , May 4, 2023 /PRNewswire/ -- Annual meeting addressed four items of business; voting aligned with Board recommendations Karl Glassman retired as an executive officer of the Company and ...

5 months ago - PRNewsWire

LEGGETT & PLATT ANNOUNCES 4.5% DIVIDEND INCREASE

CARTHAGE, Mo. , May 4, 2023 /PRNewswire/ -- Increased second quarter dividend by $.02, or 4.5%, to $.46 per share Indicated dividend yield is 5.7% Annual dividends have increased for 52 consecutive ye...

5 months ago - PRNewsWire

Leggett & Platt stock up as much as 5% as company's Q1 profit tops views

Shares of Leggett & Platt Inc. LEG rose by as much as 5% in the extended session Monday after the maker of mattresses, seating components and other home and industrial products reported first-quarter ...

5 months ago - Market Watch

LEGGETT & PLATT REPORTS 1Q RESULTS

CARTHAGE, Mo. , May 1, 2023 /PRNewswire/ --  1Q sales of $1.21 billion, an 8% decrease vs 1Q22 1Q EBIT of $89 million, down $48 million vs 1Q22 1Q EPS of $.39, a decrease of $.27 vs 1Q22 2023 guidance...

5 months ago - PRNewsWire

Leggett & Platt Announces 1Q 2023 Earnings Call

Carthage, MO, April 18, 2023 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release first quarter earnings result...

5 months ago - GlobeNewsWire

LEGGETT & PLATT ANNOUNCES WEBCAST OF MARCH 7th PRESENTATION

CARTHAGE, Mo. , Feb. 28, 2023 /PRNewswire/ -- Diversified manufacturer Leggett & Platt announced that Mitch Dolloff, Chief Executive Officer, will speak to the investment community at the Raymond Jame...

7 months ago - PRNewsWire

LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.44

CARTHAGE, Mo. , Feb. 23, 2023 /PRNewswire/ -- First quarter dividend is $.44 per share, an increase of 4.8% versus 1Q 2022 Indicated dividend yield is 5.2% Annual dividends have increased for 51 conse...

7 months ago - PRNewsWire

LEGGETT & PLATT REPORTS FOURTH QUARTER AND FULL YEAR RESULTS

CARTHAGE, Mo. , Feb. 6, 2023 /PRNewswire/ --  4Q sales were $1.2 billion, a 10% decrease vs 4Q21 4Q EPS was $.39, a decrease of $.38 vs 4Q21 2022 sales were a record1 $5.15 billion, a 1% increase vs 2...

8 months ago - PRNewsWire

Leggett & Platt Announces 4Q 2022 Earnings Call

Carthage, MO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release fourth quarter earnings result...

8 months ago - GlobeNewsWire

3 Dividend Juggernauts Trading at Bargain Prices

When investors think of dividend stocks, oftentimes our minds go straight to the gold standard of dividend payers: the Dividend Aristocrats, which are S&P 500 stocks that have not only paid but grown ...

Other symbols: UGIUHT
10 months ago - GuruFocus

LEGGETT & PLATT REPORTS 3Q RESULTS

CARTHAGE, Mo. , Oct. 31, 2022 /PRNewswire/ --  3Q sales were $1.29 billion, a 2% decrease vs 3Q21 3Q EBIT of $113 million, down $31 million vs 3Q21 3Q EPS of $.52, a decrease of $.19 vs 3Q21 2022 guid...

11 months ago - PRNewsWire

Leggett & Platt Announces 3Q 2022 Earnings Call

Carthage, MO, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release third quarter earnings results...

1 year ago - GlobeNewsWire

LEGGETT & PLATT LOWERS FULL-YEAR GUIDANCE AND ANNOUNCES RECENT ACQUISITIONS

CARTHAGE, Mo. , Oct. 10, 2022 /PRNewswire/ -- Full year 2022 sales guidance lowered to $5.1–$5.2 billion Full year 2022 EPS guidance reduced to $2.30–$2.45 Acquired a Hydraulic Cylinders business and ...

1 year ago - PRNewsWire

Kings & Aristocrats: 5 Retirement Favorites

With the average dividend of the S&P 500 at 1.6%, investors in retirement may feel that there are few places to find safe income in the stock market, observes asserts Ben Reynolds; here, the editor of...

Other symbols: BENMMMVFCWBA
1 year ago - Forbes

LEGGETT & PLATT REPORTS RECORD 2Q SALES

CARTHAGE, Mo. , Aug. 1, 2022 /PRNewswire/ -- 2Q sales1 were a quarterly record $1.33 billion, a 5% increase vs 2Q21 2Q EBIT of $143 million, down $29 million vs 2Q21 and down $1 million vs 2Q21 adjust...

1 year ago - PRNewsWire

Leggett & Platt Announces 2Q 2022 Earnings Call

Carthage, MO, July 20, 2022 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release second quarter earnings result...

1 year ago - GlobeNewsWire

LEGGETT & PLATT ANNOUNCES DIVIDEND INCREASE AND ANNUAL MEETING RESULTS

CARTHAGE, Mo. , May 17, 2022 /PRNewswire/ -- Increased second quarter dividend by $.02, or 4.8%, to $.44 per share Indicated dividend yield is 4.7% Annual meeting addressed three items of business; vo...

1 year ago - PRNewsWire

LEGGETT & PLATT REPORTS RECORD 1Q RESULTS

CARTHAGE, Mo. , May 2, 2022 /PRNewswire/ --  Record 1Q sales1 of $1.32 billion, a 15% increase vs 1Q21 Record 1Q EBIT of $138 million, up $10 million vs 1Q21 Record 1Q EPS of $.66, an increase of $.02...

1 year ago - PRNewsWire