Leggett & Platt Q2 EPS Forecast Lifted by Zacks Research

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

Other analysts also recently issued reports about the stock. Piper Sandler increased their price objective on shares of Leggett & Platt from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Thursday, December 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Leggett & Platt in a report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of Leggett & Platt from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Five 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 price target of $11.67.

Leggett & Platt Price Performance

Shares of NYSE:LEG opened at $11.67 on Monday. The business has a fifty day moving average price of $11.86 and a 200-day moving average price of $10.40. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.25 and a quick ratio of 1.45. The company has a market capitalization of $1.58 billion, a PE ratio of 6.91 and a beta of 0.71. Leggett & Platt has a 1-year low of $6.47 and a 1-year high of $13.00.

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

Leggett & Platt Announces Dividend

The business also recently declared 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 currently 11.83%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LEG. Royal Bank of Canada raised its stake in Leggett & Platt by 59.5% during the 1st quarter. Royal Bank of Canada now owns 47,054 shares of the company’s stock valued at $372,000 after buying an additional 17,561 shares during the last quarter. Jones Financial Companies Lllp increased its position in Leggett & Platt by 8.4% during the first quarter. Jones Financial Companies Lllp now owns 14,661 shares of the company’s stock valued at $116,000 after acquiring an additional 1,132 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Leggett & Platt by 3.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 454,096 shares of the company’s stock valued at $3,592,000 after acquiring an additional 13,187 shares during the last quarter. Jane Street Group LLC lifted its holdings in Leggett & Platt by 36.3% in the first quarter. Jane Street Group LLC now owns 1,175,452 shares of the company’s stock valued at $9,298,000 after acquiring an additional 312,840 shares during the period. Finally, Acadian Asset Management LLC boosted its position in Leggett & Platt by 113.5% in the first quarter. Acadian Asset Management LLC now owns 109,638 shares of the company’s stock worth $866,000 after purchasing an additional 58,292 shares during the last quarter. Institutional investors own 64.23% of the company’s stock.

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.