Leggett & Platt Q2 EPS Estimate Raised by Zacks Research

Leggett & Platt, Incorporated (NYSE:LEG) – Stock analysts at Zacks Research lifted their Q2 2026 EPS estimates for Leggett & Platt in a report released on Wednesday, February 25th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.32 for the quarter, up from their previous estimate of $0.29. Zacks Research 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 FY2026 earnings at $1.07 EPS, Q2 2027 earnings at $0.31 EPS and FY2027 earnings at $1.18 EPS.

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

Leggett & Platt Price Performance

NYSE LEG opened at $11.67 on Monday. The business’s fifty day moving average is $11.86 and its 200 day moving average is $10.40. Leggett & Platt has a fifty-two week low of $6.47 and a fifty-two week high of $13.00. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.45 and a current ratio of 2.25. The company has a market capitalization of $1.58 billion, a PE ratio of 6.91 and a beta of 0.71.

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

Leggett & Platt Announces Dividend

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

Institutional Trading of Leggett & Platt

Institutional investors and hedge funds have recently bought and sold shares of the stock. Palisade Asset Management LLC bought a new position in shares of Leggett & Platt during the 3rd quarter valued at about $29,000. Quent Capital LLC purchased a new stake in shares of Leggett & Platt in the third quarter worth about $34,000. Motiv8 Investments LLC purchased a new stake in shares of Leggett & Platt in the fourth quarter worth about $34,000. Hantz Financial Services Inc. boosted its stake in Leggett & Platt by 32.0% during the fourth quarter. Hantz Financial Services Inc. now owns 3,231 shares of the company’s stock valued at $36,000 after buying an additional 783 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in Leggett & Platt during the 3rd quarter valued at approximately $51,000. 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.