Zacks Research Estimates Leggett & Platt FY2026 Earnings

Leggett & Platt, Incorporated (NYSE:LEG) – Equities research analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for Leggett & Platt in a research note issued to investors on Thursday, October 9th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.06 per share for the year, up from their prior forecast of $1.05. 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 Q1 2027 earnings at $0.27 EPS and FY2027 earnings at $1.15 EPS.

Leggett & Platt (NYSE:LEG) last released its earnings results on Thursday, July 31st. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. Leggett & Platt had a return on equity of 19.42% and a net margin of 3.36%.Leggett & Platt’s revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.29 earnings per share. Leggett & Platt has set its FY 2025 guidance at 1.000-1.200 EPS.

A number of other research analysts have also issued reports on LEG. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Leggett & Platt in a report on Wednesday, October 8th. Piper Sandler reaffirmed a “neutral” rating and set a $9.00 target price (down from $10.00) on shares of Leggett & Platt in a report on Monday, August 4th. Finally, Wall Street Zen cut Leggett & Platt from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $9.67.

Leggett & Platt Price Performance

NYSE:LEG opened at $8.48 on Monday. The business’s 50-day moving average price is $9.24 and its 200 day moving average price is $9.01. The firm has a market cap of $1.15 billion, a P/E ratio of 8.23 and a beta of 0.72. Leggett & Platt has a 52-week low of $6.47 and a 52-week high of $13.62. The company has a quick ratio of 1.36, a current ratio of 2.17 and a debt-to-equity ratio of 2.09.

Hedge Funds Weigh In On Leggett & Platt

Several institutional investors and hedge funds have recently bought and sold shares of LEG. Nisa Investment Advisors LLC purchased a new position in Leggett & Platt during the 2nd quarter valued at about $76,000. State of Wyoming purchased a new position in Leggett & Platt during the 1st quarter valued at about $89,000. SeaCrest Wealth Management LLC purchased a new position in Leggett & Platt during the 2nd quarter valued at about $89,000. Captrust Financial Advisors purchased a new position in Leggett & Platt during the 2nd quarter valued at about $91,000. Finally, Aaron Wealth Advisors LLC purchased a new position in Leggett & Platt during the 3rd quarter valued at about $92,000. Hedge funds and other institutional investors own 64.23% of the company’s stock.

Leggett & Platt Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.20 dividend on an annualized basis and a yield of 2.4%. Leggett & Platt’s dividend payout ratio (DPR) is currently 19.42%.

Leggett & Platt Company Profile

Leggett & Platt, Inc engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products.