image
Consumer Cyclical - Furnishings, Fixtures & Appliances - NYSE - US
$ 10.64
-1.21 %
$ 1.43 B
Market Cap
-1.77
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one LEG stock under the worst case scenario is HIDDEN Compared to the current market price of 10.6 USD, Leggett & Platt, Incorporated is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one LEG stock under the base case scenario is HIDDEN Compared to the current market price of 10.6 USD, Leggett & Platt, Incorporated is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one LEG stock under the best case scenario is HIDDEN Compared to the current market price of 10.6 USD, Leggett & Platt, Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
4.73 B REVENUE
-8.19%
321 M OPERATING INCOME
-33.90%
-137 M NET INCOME
-44.14%
497 M OPERATING CASH FLOW
12.64%
-91.3 M INVESTING CASH FLOW
49.11%
-359 M FINANCING CASH FLOW
-26.12%
1.1 B REVENUE
-2.44%
66.4 M OPERATING INCOME
14.68%
44.9 M NET INCOME
107.46%
95.5 M OPERATING CASH FLOW
1.60%
-200 K INVESTING CASH FLOW
97.56%
-130 M FINANCING CASH FLOW
4.22%
Balance Sheet Leggett & Platt, Incorporated
image
Current Assets 1.88 B
Cash & Short-Term Investments 366 M
Receivables 637 M
Other Current Assets 879 M
Non-Current Assets 2.75 B
Long-Term Investments 46.8 M
PP&E 978 M
Other Non-Current Assets 1.73 B
Current Liabilities 1.26 B
Accounts Payable 536 M
Short-Term Debt 364 M
Other Current Liabilities 362 M
Non-Current Liabilities 2.04 B
Long-Term Debt 1.83 B
Other Non-Current Liabilities 208 M
EFFICIENCY
Earnings Waterfall Leggett & Platt, Incorporated
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Revenue 4.73 B
Cost Of Revenue 3.87 B
Gross Profit 854 M
Operating Expenses 465 M
Operating Income 321 M
Other Expenses 457 M
Net Income -137 M
RATIOS
18.07% GROSS MARGIN
18.07%
6.78% OPERATING MARGIN
6.78%
-2.90% NET MARGIN
-2.90%
-10.26% ROE
-10.26%
-2.95% ROA
-2.95%
7.62% ROIC
7.62%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Leggett & Platt, Incorporated
image
Net Income -137 M
Depreciation & Amortization 178 M
Capital Expenditures -114 M
Stock-Based Compensation 27.6 M
Change in Working Capital 116 M
Others 409 M
Free Cash Flow 383 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Leggett & Platt, Incorporated
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Wall Street analysts predict an average 1-year price target for LEG of $13.3 , with forecasts ranging from a low of $11 to a high of $16 .
LEG Lowest Price Target Wall Street Target
11 USD 3.38%
LEG Average Price Target Wall Street Target
13.3 USD 25.31%
LEG Highest Price Target Wall Street Target
16 USD 50.38%
4. DIVIDEND ANALYSIS
0.36% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Leggett & Platt, Incorporated
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
773 K USD 6
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7 months ago
Jun 06, 2024
Bought 47 K USD
BURNS BENJAMIN MICHAEL
Executive Vice President - CFO
+ 3850
12.1965 USD
7 months ago
Jun 05, 2024
Bought 121 K USD
Padmanabhan Srikanth
Director
+ 10000
12.0649 USD
7 months ago
Jun 04, 2024
Bought 24.8 K USD
DAVIS JENNIFER JOY
EVP - GENERAL COUNSEL
+ 1985
12.4996 USD
7 months ago
May 31, 2024
Bought 273 K USD
GLASSMAN KARL G
President and CEO
+ 23800
11.4768 USD
7 months ago
May 30, 2024
Bought 109 K USD
KLEIBOEKER RYAN MICHAEL
EVP-Chief Strategic Plan. Off.
+ 10000
10.9499 USD
7 months ago
May 23, 2024
Bought 64.4 K USD
BLINN MARK A
Director
+ 6000
10.7399 USD
8 months ago
May 02, 2024
Bought 134 K USD
KLEIBOEKER RYAN MICHAEL
EVP-Chief Strategic Plan. Off.
+ 10000
13.39 USD
1 year ago
May 23, 2023
Sell 196 K USD
WOOD PHOEBE A
Director
- 6000
32.6131 USD
1 year ago
Feb 28, 2023
Sell 937 K USD
Douglas Scott S
SVP-Gen. Counsel and Secretary
- 27000
34.6951 USD
1 year ago
Feb 28, 2023
Sell 56.3 K USD
MCCOY SUSAN R
SVP - Investor Relations
- 1622
34.719 USD
1 year ago
Mar 01, 2023
Sell 47.6 K USD
MCCOY SUSAN R
SVP - Investor Relations
- 1378
34.51 USD
2 years ago
Aug 05, 2022
Sell 1.07 M USD
GLASSMAN KARL G
Executive Chairman
- 26401
40.53 USD
2 years ago
Jun 01, 2022
Sell 95.9 K USD
WOOD PHOEBE A
director:
- 2500
38.348 USD
2 years ago
Feb 17, 2022
Sell 236 K USD
Brunner Robert E
Director
- 6076
38.893 USD
2 years ago
Feb 17, 2022
Sell 347 K USD
Brunner Robert E
Director
- 8924
38.893 USD
3 years ago
May 18, 2021
Sell 83.4 K USD
MCCLANATHAN JOSEPH W
Director
- 1500
55.607 USD
3 years ago
May 14, 2021
Sell 282 K USD
MCCLANATHAN JOSEPH W
Director
- 5000
56.4663 USD
3 years ago
May 11, 2021
Sell 860 K USD
ODOM JUDY C
Director
- 15177
56.653 USD
3 years ago
May 07, 2021
Sell 56.8 K USD
MCCOY SUSAN R
SVP - Investor Relations
- 1000
56.7591 USD
3 years ago
Feb 18, 2021
Sell 429 K USD
WOOD PHOEBE A
Director
- 10346
41.418 USD
4 years ago
Dec 03, 2020
Sell 393 K USD
Douglas Scott S
SVP-Gen. Counsel and Secretary
- 9000
43.6709 USD
5 years ago
Nov 27, 2019
Sell 370 K USD
Iorio Russell J
SVP - Corporate Development
- 6962
53.09 USD
5 years ago
Nov 27, 2019
Sell 360 K USD
ENLOE ROBERT TED III
Director
- 6849
52.5782 USD
5 years ago
Nov 06, 2019
Sell 1.27 M USD
WOOD PHOEBE A
Director
- 23260
54.4973 USD
5 years ago
Oct 31, 2019
Sell 582 K USD
GLASSMAN KARL G
President and CEO
- 11210
51.88 USD
5 years ago
Oct 31, 2019
Sell 508 K USD
ODOM JUDY C
Director
- 10000
50.8438 USD
5 years ago
Oct 30, 2019
Sell 1.37 M USD
Iorio Russell J
SVP - Corporate Development
- 26475
51.8582 USD
5 years ago
Oct 30, 2019
Sell 515 K USD
Douglas Scott S
SVP-Gen. Counsel and Secretary
- 10000
51.4552 USD
5 years ago
Sep 16, 2019
Sell 450 K USD
GLASSMAN KARL G
President and CEO
- 10683
42.13 USD
5 years ago
Aug 08, 2019
Sell 13.4 K USD
MCCOY SUSAN R
SVP - Investor Relations
- 338
39.54 USD
5 years ago
Feb 27, 2019
Sell 734 K USD
Iorio Russell J
SVP - Corporate Development
- 16042
45.73 USD
5 years ago
Feb 20, 2019
Sell 834 K USD
Douglas Scott S
SVP-Gen. Counsel and Secretary
- 18450
45.2196 USD
6 years ago
Jun 01, 2018
Sell 221 K USD
ENLOE ROBERT TED III
Director
- 5328
41.4728 USD
6 years ago
Mar 15, 2018
Sell 474 K USD
GLASSMAN KARL G
President and CEO
- 10000
47.41 USD
6 years ago
Feb 16, 2018
Sell 453 K USD
DeSonier David M
SVP - Strategy and IR
- 10000
45.275 USD
6 years ago
Feb 15, 2018
Sell 265 K USD
ENLOE ROBERT TED III
Director
- 5871
45.1498 USD
6 years ago
Feb 07, 2018
Sell 470 K USD
Douglas Scott S
SVP-Gen. Counsel and Secretary
- 10000
47.0129 USD
7 years ago
Nov 20, 2017
Sell 139 K USD
Douglas Scott S
SVP - General Counsel
- 3000
46.45 USD
7 years ago
May 08, 2017
Sell 536 K USD
ODOM JUDY C
Director
- 10000
53.5514 USD
7 years ago
May 08, 2017
Sell 714 K USD
GLASSMAN KARL G
President and CEO
- 13277
53.79 USD
7 years ago
May 03, 2017
Sell 266 K USD
Douglas Scott S
SVP - General Counsel
- 5000
53.26 USD
7 years ago
Feb 08, 2017
Sell 3.66 M USD
GLASSMAN KARL G
President and CEO
- 75388
48.61 USD
7 years ago
Feb 06, 2017
Sell 170 K USD
DeSonier David M
SVP - Strategy and IR
- 3500
48.541 USD
7 years ago
Feb 07, 2017
Sell 146 K USD
DeSonier David M
SVP - Strategy and IR
- 2990
48.8412 USD
7 years ago
Feb 06, 2017
Sell 3.89 M USD
GLASSMAN KARL G
President and CEO
- 79772
48.74 USD
7 years ago
Feb 01, 2017
Sell 316 K USD
Douglas Scott S
SVP - General Counsel
- 6500
48.6226 USD
8 years ago
Nov 15, 2016
Sell 49.5 K USD
Douglas Scott S
SVP - General Counsel
- 1000
49.5 USD
8 years ago
Sep 01, 2016
Sell 157 K USD
PARK DENNIS S
Senior Vice President
- 3000
52.48 USD
8 years ago
Aug 26, 2016
Sell 1.05 M USD
GLASSMAN KARL G
President and CEO
- 20000
52.49 USD
8 years ago
Aug 24, 2016
Sell 104 K USD
Douglas Scott S
SVP - General Counsel
- 2000
51.9501 USD
8 years ago
Aug 23, 2016
Sell 263 K USD
ODOM JUDY C
Director
- 5000
52.5054 USD
8 years ago
Jun 17, 2016
Sell 1.13 M USD
GLASSMAN KARL G
President & CEO
- 22580
50.07 USD
8 years ago
May 26, 2016
Sell 99 K USD
PARK DENNIS S
Senior Vice President
- 2000
49.51 USD
8 years ago
May 24, 2016
Sell 201 K USD
ENLOE ROBERT TED III
Director
- 4103
49.0001 USD
8 years ago
May 02, 2016
Sell 99.1 K USD
Douglas Scott S
SVP - General Counsel
- 2000
49.5335 USD
8 years ago
Mar 18, 2016
Sell 722 K USD
GLASSMAN KARL G
President & CEO
- 15000
48.13 USD
8 years ago
Mar 18, 2016
Sell 482 K USD
CRUSA JACK D
Senior Vice President
- 10000
48.1562 USD
8 years ago
Mar 17, 2016
Sell 366 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 7648
47.8957 USD
8 years ago
Mar 07, 2016
Sell 47 K USD
Douglas Scott S
SVP - General Counsel
- 1000
47 USD
9 years ago
Dec 23, 2015
Sell 669 K USD
ENLOE ROBERT TED III
Director
- 15636
42.8073 USD
9 years ago
Nov 20, 2015
Sell 182 K USD
Douglas Scott S
SVP - General Counsel
- 4000
45.62 USD
9 years ago
Nov 04, 2015
Sell 46.1 K USD
Douglas Scott S
SVP - General Counsel
- 1000
46.1015 USD
9 years ago
Jun 26, 2015
Sell 4.62 K USD
ENLOE ROBERT TED III
Director
- 93
49.6728 USD
9 years ago
Jun 12, 2015
Sell 492 K USD
CRUSA JACK D
Senior Vice President
- 10000
49.25 USD
9 years ago
Jun 12, 2015
Sell 490 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 10000
49.0131 USD
9 years ago
May 15, 2015
Sell 46.1 K USD
WOOD PHOEBE A
Director
- 976
47.2482 USD
9 years ago
May 06, 2015
Sell 455 K USD
ODOM JUDY C
Director
- 10000
45.4809 USD
9 years ago
May 05, 2015
Sell 91.7 K USD
Douglas Scott S
SVP - General Counsel
- 2000
45.8322 USD
9 years ago
Mar 03, 2015
Sell 229 K USD
PARK DENNIS S
Senior Vice President
- 5000
45.82 USD
9 years ago
Feb 17, 2015
Sell 359 K USD
CRUSA JACK D
Senior Vice President
- 8000
44.9 USD
9 years ago
Feb 05, 2015
Sell 946 K USD
GLASSMAN KARL G
President & COO
- 21600
43.8 USD
9 years ago
Feb 03, 2015
Sell 205 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 4714
43.5493 USD
9 years ago
Feb 02, 2015
Sell 215 K USD
Douglas Scott S
SVP - General Counsel
- 5000
42.9054 USD
10 years ago
Dec 04, 2014
Sell 487 K USD
ENLOE ROBERT TED III
Director
- 11612
41.9002 USD
10 years ago
Nov 11, 2014
Sell 51.8 K USD
Douglas Scott S
SVP - General Counsel
- 1258
41.1835 USD
10 years ago
Nov 06, 2014
Sell 286 K USD
GLASSMAN KARL G
President & COO
- 7207
39.73 USD
10 years ago
Sep 02, 2014
Sell 215 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 6088
35.3042 USD
10 years ago
Aug 21, 2014
Sell 34.9 K USD
Douglas Scott S
SVP - General Counsel
- 1000
34.8717 USD
10 years ago
Jul 28, 2014
Sell 739 K USD
GLASSMAN KARL G
President & COO
- 22009
33.59 USD
10 years ago
May 28, 2014
Sell 41.8 K USD
Douglas Scott S
SVP - General Counsel
- 1232
33.8919 USD
10 years ago
May 15, 2014
Sell 124 K USD
ENLOE ROBERT TED III
Director
- 3771
32.8153 USD
10 years ago
May 05, 2014
Sell 419 K USD
GLASSMAN KARL G
President & COO
- 12562
33.39 USD
10 years ago
Apr 29, 2014
Sell 71.2 K USD
ENLOE ROBERT TED III
Director
- 2184
32.6071 USD
10 years ago
Mar 18, 2014
Sell 38.7 K USD
Douglas Scott S
SVP - General Counsel
- 1200
32.2632 USD
10 years ago
Feb 18, 2014
Sell 311 K USD
PARK DENNIS S
Senior Vice President
- 10000
31.09 USD
10 years ago
Jan 27, 2014
Sell 44.5 K USD
Douglas Scott S
SVP - General Counsel
- 1500
29.641 USD
11 years ago
Jun 18, 2013
Sell 1.58 M USD
GLASSMAN KARL G
President & COO
- 48547
32.54 USD
11 years ago
May 10, 2013
Sell 79.2 K USD
ENLOE ROBERT TED III
Director
- 2369
33.4221 USD
11 years ago
Feb 14, 2013
Sell 302 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 10000
30.1754 USD
11 years ago
Feb 06, 2013
Sell 1.9 M USD
GLASSMAN KARL G
COO & Executive Vice President
- 64344
29.6 USD
11 years ago
Feb 06, 2013
Sell 118 K USD
Douglas Scott S
SVP - General Counsel
- 4000
29.4812 USD
12 years ago
Nov 19, 2012
Sell 69.5 K USD
ENLOE ROBERT TED III
Director
- 2589
26.8583 USD
12 years ago
Nov 02, 2012
Sell 596 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 21721
27.44 USD
12 years ago
Nov 05, 2012
Sell 136 K USD
CRUSA JACK D
Senior Vice President
- 5000
27.19 USD
12 years ago
Nov 01, 2012
Sell 45.1 K USD
Douglas Scott S
SVP - General Counsel
- 1653
27.3117 USD
12 years ago
Sep 28, 2012
Sell 164 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 6618
24.7987 USD
12 years ago
Aug 13, 2012
Sell 25.5 K USD
ENLOE ROBERT TED III
Director
- 1097
23.2418 USD
12 years ago
Aug 09, 2012
Sell 973 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 41800
23.27 USD
12 years ago
Aug 09, 2012
Sell 50.5 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 2170
23.27 USD
12 years ago
Feb 24, 2012
Sell 112 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 5000
22.4706 USD
12 years ago
Feb 08, 2012
Sell 88.1 K USD
Douglas Scott S
SVP - General Counsel
- 4000
22.031 USD
13 years ago
Dec 30, 2011
Sell 74.6 K USD
ENLOE ROBERT TED III
Director
- 3182
23.4319 USD
13 years ago
Dec 30, 2011
Sell 44.7 K USD
Douglas Scott S
SVP - General Counsel
- 1893
23.6315 USD
13 years ago
Nov 28, 2011
Sell 296 K USD
ENLOE ROBERT TED III
Director
- 13917
21.24 USD
13 years ago
Nov 11, 2011
Sell 279 K USD
WOOD PHOEBE A
Director
- 12344
22.6096 USD
13 years ago
Nov 01, 2011
Sell 53.2 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 2500
21.27 USD
13 years ago
Nov 02, 2011
Sell 55.6 K USD
DeSonier David M
SVP-Strategy&InvestorRelations
- 2571
21.61 USD
13 years ago
May 02, 2011
Sell 467 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 17782
26.29 USD
13 years ago
May 02, 2011
Sell 32.9 K USD
ENLOE ROBERT TED III
Director
- 1256
26.233 USD
13 years ago
May 02, 2011
Sell 158 K USD
CRUSA JACK D
Senior Vice President
- 6000
26.29 USD
13 years ago
Feb 14, 2011
Sell 118 K USD
PARK DENNIS S
Senior Vice President
- 5000
23.63 USD
13 years ago
Feb 14, 2011
Sell 142 K USD
CRUSA JACK D
Senior Vice President
- 6000
23.63 USD
13 years ago
Feb 09, 2011
Sell 161 K USD
DeSonier David M
VP-Strategy&Investor Relations
- 7000
23.0025 USD
13 years ago
Feb 03, 2011
Sell 181 K USD
Douglas Scott S
VP - Law & General Counsel
- 8000
22.6766 USD
14 years ago
Dec 06, 2010
Sell 69.9 K USD
DeSonier David M
VP-Strategy&Investor Relations
- 3208
21.79 USD
14 years ago
Apr 30, 2010
Sell 440 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 17751
24.77 USD
14 years ago
Mar 22, 2010
Sell 107 K USD
PARK DENNIS S
Senior Vice President
- 5000
21.47 USD
14 years ago
Mar 02, 2010
Sell 120 K USD
CRUSA JACK D
Senior Vice President
- 6156
19.5415 USD
14 years ago
Feb 03, 2010
Sell 120 K USD
DeSonier David M
VP-Strategy&Investor Relations
- 6285
19.1 USD
15 years ago
Oct 28, 2009
Sell 9 K USD
CRUSA JACK D
Senior Vice President
- 448
20.0823 USD
15 years ago
Aug 20, 2009
Sell 54.7 K USD
CRUSA JACK D
Senior Vice President
- 3000
18.23 USD
15 years ago
Aug 10, 2009
Sell 11 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 615
17.93 USD
15 years ago
Mar 26, 2009
Sell 89.4 K USD
DeSonier David M
VP-Strategy&Investor Relations
- 6422
13.9159 USD
15 years ago
Mar 25, 2009
Sell 66.8 K USD
DeSonier David M
VP-Strategy&Investor Relations
- 5000
13.3661 USD
15 years ago
Feb 18, 2009
Bought 49.8 K USD
CRUSA JACK D
Senior Vice President
+ 4000
12.45 USD
16 years ago
Aug 11, 2008
Sell 10.9 K USD
PARK DENNIS S
Senior Vice President
- 499
21.88 USD
16 years ago
Aug 01, 2008
Sell 111 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 5618
19.7193 USD
16 years ago
Aug 04, 2008
Sell 23.8 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 1200
19.84 USD
16 years ago
Mar 04, 2008
Sell 29.7 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 1775
16.73 USD
17 years ago
May 30, 2007
Sell 23.7 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 970
24.42 USD
17 years ago
Feb 16, 2007
Sell 245 K USD
CRUSA JACK D
Senior Vice President
- 10000
24.47 USD
18 years ago
Sep 15, 2006
Sell 230 K USD
PARK DENNIS S
Senior Vice President
- 9195
25 USD
18 years ago
Aug 21, 2006
Sell 22.9 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 970
23.59 USD
18 years ago
Jun 19, 2006
Sell 331 K USD
GLASSMAN KARL G
COO & Executive Vice President
- 13219
25.01 USD
19 years ago
Jul 25, 2005
Sell 350 K USD
GLASSMAN KARL G
Executive Vice President
- 13387
26.13 USD
20 years ago
Nov 05, 2004
Sell 145 K USD
CRUSA JACK D
Senior Vice President
- 5000
28.94 USD
20 years ago
Sep 02, 2004
Sell 217 USD
CRUSA JACK D
Senior Vice President
- 8
27.08 USD
20 years ago
Aug 19, 2004
Sell 157 K USD
GLASSMAN KARL G
Executive Vice President
- 5727
27.41 USD
20 years ago
Jan 30, 2004
Sell 127 K USD
CRUSA JACK D
Senior Vice President
- 5000
25.45 USD
20 years ago
Jan 30, 2004
Sell 94.9 K USD
GLASSMAN KARL G
Executive Vice President
- 3727
25.45 USD
21 years ago
Aug 15, 2003
Sell 51.1 K USD
CRUSA JACK D
Senior Vice President
- 2300
22.23 USD
7. News
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 repurchase program at $20 per share indicates confidence in its valuation, suggesting significant upside potential from the current price. Potential sale of the Aerospace segment could inject cash, reduce net debt, and improve overall valuation, further supporting the bullish outlook. seekingalpha.com - 3 weeks ago
Why Is Legget & Platt (LEG) Down 1.3% Since Last Earnings Report? Legget & Platt (LEG) reported earnings 30 days ago. What's next for the stock? zacks.com - 1 month ago
LEG Immobilien: An Interesting Value Play In The European Real Estate Sector LEG Immobilien is a compelling value play in the German residential real estate market, benefiting from improved investor sentiment and declining interest rates. The company's resilient operational performance and strategic shift from balance sheet management to growth mode have driven a 43% share price increase in 2024. The recent acquisition of Black Capital Partners at a significant discount is expected to enhance earnings growth and provide revenue and cost synergies. seekingalpha.com - 1 month ago
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. prnewswire.com - 2 months ago
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 towards their long-term target of 2.0x. With the dividend reset, LEG is expected to cover the dividend with free cash flow by the end of 2024. seekingalpha.com - 2 months ago
Why Leggett & Platt Stock Zoomed 4% Higher Today We might see a slimmed-down company in the near future. fool.com - 2 months ago
Leggett Misses Q3 Earnings & Sales Estimates, Lowers '24 Guidance LEG's third-quarter 2024 results reflect soft demand trends in residential end markets and headwinds due to ongoing economic challenges. zacks.com - 2 months ago
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 Executive Officer Ben Burns - Chief Financial Officer Tyson Hagale - President, Bedding Products Sam Smith - President, Furniture, Flooring & Textile Products Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Peter Keith - Piper Sandler Judy Merrick - Truist Securities Operator Greetings and welcome to the Leggett & Platt Third Quarter 2024 Webcast and Earnings Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 2 months ago
Legget & Platt (LEG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Legget & Platt (LEG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 2 months ago
Legget & Platt (LEG) Lags Q3 Earnings and Revenue Estimates Legget & Platt (LEG) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.36 per share a year ago. zacks.com - 2 months ago
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 ($3.56)–($3.71), including impact of non-cash goodwill impairment charge, restructuring charges, real estate gains, and certain other costs 2024 guidance lowered: adjusted1 EPS of $1.00–$1.10, sales of $4.3–$4.4 billion President and CEO Karl Glassman commented, "We continued to make solid progress on our restructuring and operating efficiency improvement initiatives, although demand headwinds were more challenging than anticipated in the third quarter. prnewswire.com - 2 months ago
Dip Buying Opportunity: 2 Dividend Growth Stocks For Potential Long-Term Upside Visa and Pepsi are facing headwinds, creating attractive buying opportunities for long-term investors due to their recent price declines. Visa's strong fundamentals include double-digit revenue growth, low payout ratio, and robust cash flow supporting continued buybacks. Pepsi, a Dividend King, has a solid dividend track record, and I expect growth to pick up as interest rates should provide tailwinds. seekingalpha.com - 3 months ago
8. Profile Summary

Leggett & Platt, Incorporated LEG

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COUNTRY US
INDUSTRY Furnishings, Fixtures & Appliances
MARKET CAP $ 1.43 B
Dividend Yield 0.36%
Description 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, specialty foams, private label finished mattresses, mattress foundations, 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 industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.
Contact No. 1 Leggett Road, Carthage, MO, 64836 https://www.leggett.com
IPO Date March 17, 1980
Employees 19300
Officers Mr. J. Mitchell Dolloff Executive Officer Ms. Jennifer Joy Davis Executive Vice President & General Counsel Ms. Cassie J. Branscum Vice President of Investor Relations Mr. Charles P. Hutchins Vice President & Chief Tax Officer Mr. Darrel E. Wild Vice President & Chief Credit Officer Mr. J. Tyson Hagale Executive Vice President & President of Bedding Products Mr. Karl G. Glassman President, Chief Executive Officer & Chairman Mr. Benjamin M. Burns Executive Vice President & Chief Financial Officer Ms. Tammy M. Trent Senior Vice President & Chief Accounting Officer Ms. Christina A. Ptasinski Executive Vice President & Chief HR Officer