Leggett & Platt, Incorporated (LEG) Dividends

LEG Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Leggett & Platt Inc, the DDM model, as implemented by StockNews, implies a positive return of 55.85% relative to its current price. Digging deeper, the aspects of Leggett & Platt Inc's dividend discount model that we found most interesting were:

• In comparison to stocks we observe that provide shareholders with a dividend, LEG offers a dividend yield in the top 15.54% of stocks in our set.
• If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Consumer Cyclical sector, Leggett & Platt Inc's expected return of 55.85% is higher than 87.72% of its fellow sector mates.
• Compared to all dividend issuing stocks in our set, LEG has a discount rate lower than 87.72% of them (a lower discount rate is associated with lower risk).
• A stock's beta generally indicates its volatility relative to the broader equity market; for Leggett & Platt Inc, its beta is lower than 32.17% of dividend issuing stocks we observed.

LEG Dividends vs. Peers