Brokers Offer Predictions for Leggett & Platt Q2 Earnings

Leggett & Platt, Incorporated (NYSE:LEG) – Equities research analysts at Zacks Research lowered their Q2 2025 EPS estimates for Leggett & Platt in a report released on Monday, May 12th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.29 per share for the quarter, down from their prior forecast of $0.30. 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 2025 earnings at $0.33 EPS, FY2025 earnings at $1.13 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.35 EPS, Q4 2026 earnings at $0.31 EPS, FY2026 earnings at $1.23 EPS, Q1 2027 earnings at $0.31 EPS and FY2027 earnings at $1.33 EPS.

A number of other research firms have also recently commented on LEG. Piper Sandler reaffirmed a “neutral” rating and set a $9.00 target price (down previously from $12.00) on shares of Leggett & Platt in a research note on Friday, April 11th. The Goldman Sachs Group boosted their price objective on Leggett & Platt from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Wednesday, April 30th. Finally, Truist Financial reduced their target price on Leggett & Platt from $13.00 to $11.00 and set a “hold” rating on the stock in a research note on Wednesday, January 29th.

Leggett & Platt Stock Performance

Leggett & Platt stock opened at $9.46 on Thursday. The company has a debt-to-equity ratio of 2.70, a current ratio of 2.00 and a quick ratio of 1.14. The firm has a market capitalization of $1.28 billion, a P/E ratio of -2.54 and a beta of 0.75. Leggett & Platt has a 1-year low of $6.48 and a 1-year high of $14.24. The company’s 50-day moving average is $8.02 and its 200 day moving average is $9.80.

Leggett & Platt (NYSE:LEG) last announced its earnings results on Monday, April 28th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. Leggett & Platt had a negative net margin of 11.67% and a positive return on equity of 17.09%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm posted $0.23 earnings per share. The business’s revenue for the quarter was down 6.8% on a year-over-year basis.

Leggett & Platt Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, June 13th. Leggett & Platt’s dividend payout ratio is presently -5.35%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of LEG. SRS Capital Advisors Inc. raised its position in Leggett & Platt by 555.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 3,102 shares of the company’s stock valued at $30,000 after purchasing an additional 2,629 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Leggett & Platt during the fourth quarter valued at $50,000. KBC Group NV raised its holdings in shares of Leggett & Platt by 74.5% in the fourth quarter. KBC Group NV now owns 7,028 shares of the company’s stock valued at $67,000 after acquiring an additional 3,000 shares in the last quarter. Sterling Capital Management LLC raised its holdings in shares of Leggett & Platt by 17.1% in the fourth quarter. Sterling Capital Management LLC now owns 7,972 shares of the company’s stock valued at $77,000 after acquiring an additional 1,163 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in Leggett & Platt by 461.6% in the fourth quarter. Blue Trust Inc. now owns 9,688 shares of the company’s stock worth $93,000 after acquiring an additional 7,963 shares during the period. Institutional investors own 64.23% of the company’s stock.

About Leggett & Platt

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.