Q1 EPS Estimates for Leggett & Platt Boosted by Analyst

Leggett & Platt, Incorporated (NYSE:LEG) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of Leggett & Platt in a research report issued on Wednesday, February 25th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.26 for the quarter, up from their previous estimate of $0.25. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Leggett & Platt’s current full-year earnings is $1.14 per share. Zacks Research also issued estimates for Leggett & Platt’s Q3 2026 earnings at $0.29 EPS, Q4 2026 earnings at $0.20 EPS, Q1 2027 earnings at $0.28 EPS and FY2028 earnings at $1.29 EPS.

Several other analysts also recently weighed in on LEG. Weiss Ratings reiterated a “hold (c-)” rating on shares of Leggett & Platt in a research report on Monday, December 29th. Wall Street Zen lowered shares of Leggett & Platt from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Piper Sandler lifted their price target on Leggett & Platt from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Thursday, December 11th. Five equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $11.67.

Leggett & Platt Stock Performance

Shares of LEG opened at $11.83 on Friday. The firm has a fifty day moving average of $11.85 and a 200-day moving average of $10.36. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 7.00 and a beta of 0.72. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.45 and a current ratio of 2.25. Leggett & Platt has a 1 year low of $6.47 and a 1 year high of $13.00.

Leggett & Platt (NYSE:LEG) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, hitting analysts’ consensus estimates of $0.22. Leggett & Platt had a return on equity of 15.00% and a net margin of 5.80%.The firm had revenue of $938.60 million during the quarter, compared to the consensus estimate of $938.74 million. During the same period in the prior year, the business earned $0.21 EPS. The firm’s revenue was down 11.2% on a year-over-year basis.

Leggett & Platt Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, March 13th. Leggett & Platt’s payout ratio is 11.83%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LEG. Kera Capital Partners Inc. acquired a new position in shares of Leggett & Platt during the fourth quarter valued at approximately $203,000. Dean Capital Management boosted its stake in Leggett & Platt by 131.9% during the 4th quarter. Dean Capital Management now owns 110,585 shares of the company’s stock valued at $1,216,000 after purchasing an additional 62,894 shares in the last quarter. Invesco Ltd. increased its position in shares of Leggett & Platt by 33.8% during the 4th quarter. Invesco Ltd. now owns 1,122,330 shares of the company’s stock valued at $12,346,000 after purchasing an additional 283,342 shares during the period. Corient Private Wealth LLC raised its stake in shares of Leggett & Platt by 299.2% in the 4th quarter. Corient Private Wealth LLC now owns 282,267 shares of the company’s stock worth $3,105,000 after buying an additional 211,555 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Leggett & Platt by 72.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 53,704 shares of the company’s stock worth $591,000 after buying an additional 22,582 shares in the last quarter. 64.23% of the stock is currently owned by institutional investors.

Leggett & Platt Company Profile

Leggett & Platt, Inc is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.

The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products.