Zacks Research Boosts Earnings Estimates for Leggett & Platt

Leggett & Platt, Incorporated (NYSE:LEG) – Equities researchers at Zacks Research lifted their Q1 2026 EPS estimates for Leggett & Platt in a research note issued to investors on Wednesday, February 25th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.26 per share for the quarter, up from their prior forecast of $0.25. 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 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.

Leggett & Platt (NYSE:LEG) last announced 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. The company had revenue of $938.60 million during the quarter, compared to analysts’ expectations of $938.74 million. Leggett & Platt had a net margin of 5.80% and a return on equity of 15.00%. The business’s revenue was down 11.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.21 EPS.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Leggett & Platt in a research note on Monday, December 29th. Piper Sandler raised their target price on Leggett & Platt from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, December 11th. Finally, Wall Street Zen lowered Leggett & Platt from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $11.67.

Leggett & Platt Price Performance

Shares of Leggett & Platt stock opened at $11.67 on Friday. The firm has a market cap of $1.58 billion, a P/E ratio of 6.91 and a beta of 0.72. The firm’s 50-day simple moving average is $11.86 and its 200-day simple moving average is $10.39. Leggett & Platt has a twelve month low of $6.47 and a twelve month 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.

Leggett & Platt Dividend Announcement

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

Institutional Investors Weigh In On Leggett & Platt

A number of large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. raised its position in Leggett & Platt by 32.0% in the 4th quarter. Hantz Financial Services Inc. now owns 3,231 shares of the company’s stock valued at $36,000 after purchasing an additional 783 shares during the last quarter. Optimize Financial Inc increased its stake in shares of Leggett & Platt by 1.5% in the fourth quarter. Optimize Financial Inc now owns 60,507 shares of the company’s stock valued at $666,000 after buying an additional 868 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Leggett & Platt by 8.4% in the first quarter. Jones Financial Companies Lllp now owns 14,661 shares of the company’s stock valued at $116,000 after buying an additional 1,132 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Leggett & Platt by 12.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 10,271 shares of the company’s stock worth $113,000 after buying an additional 1,152 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in Leggett & Platt by 1.8% during the 4th quarter. State of Alaska Department of Revenue now owns 76,948 shares of the company’s stock worth $845,000 after buying an additional 1,338 shares in the last quarter. 64.23% of the stock is currently owned by institutional investors.

About Leggett & Platt

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.