La-Z-Boy (NYSE:LZB - Get Free Report) is projected to announce its Q1 2027 results after the market closes on Tuesday, August 18th. Analysts expect the company to post earnings of $0.4933 per share and revenue of $501.44 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2027 earning report for the latest details on the call scheduled for Wednesday, August 19, 2026 at 8:30 AM ET.
La-Z-Boy (NYSE:LZB - Get Free Report) last announced its quarterly earnings data on Tuesday, June 16th. The company reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.44. La-Z-Boy had a net margin of 4.80% and a return on equity of 11.97%. The company had revenue of $570.34 million during the quarter, compared to analysts' expectations of $569.23 million. During the same quarter in the prior year, the company earned $0.36 EPS. The firm's revenue was down .1% on a year-over-year basis. On average, analysts expect La-Z-Boy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
La-Z-Boy Price Performance
LZB stock opened at $41.46 on Tuesday. La-Z-Boy has a 1 year low of $29.03 and a 1 year high of $44.90. The company has a market cap of $1.66 billion, a P/E ratio of 16.79, a PEG ratio of 1.29 and a beta of 1.27. The firm has a 50-day moving average of $39.41 and a 200 day moving average of $36.78.
Insider Buying and Selling
In other La-Z-Boy news, VP Raphaell Z. Richmond sold 13,671 shares of La-Z-Boy stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $39.83, for a total value of $544,515.93. Following the transaction, the vice president directly owned 51,695 shares in the company, valued at approximately $2,059,011.85. This trade represents a 20.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Terrence James Linz sold 2,500 shares of the company's stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $40.23, for a total transaction of $100,575.00. Following the transaction, the insider owned 64,383 shares of the company's stock, valued at approximately $2,590,128.09. The trade was a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 66,299 shares of company stock worth $2,677,491 over the last 90 days. 3.12% of the stock is owned by insiders.
Institutional Trading of La-Z-Boy
Several institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP increased its position in La-Z-Boy by 4,785.7% during the fourth quarter. Quarry LP now owns 684 shares of the company's stock worth $25,000 after purchasing an additional 670 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of La-Z-Boy by 290.0% in the second quarter. EverSource Wealth Advisors LLC now owns 901 shares of the company's stock valued at $33,000 after purchasing an additional 670 shares during the period. Geneos Wealth Management Inc. boosted its position in La-Z-Boy by 99.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,140 shares of the company's stock valued at $42,000 after buying an additional 567 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in La-Z-Boy by 3,130.8% in the third quarter. CIBC Private Wealth Group LLC now owns 1,260 shares of the company's stock valued at $43,000 after purchasing an additional 1,221 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of La-Z-Boy during the fourth quarter worth approximately $54,000. Hedge funds and other institutional investors own 99.62% of the company's stock.
Wall Street Analysts Forecast Growth
LZB has been the subject of several research analyst reports. Weiss Ratings upgraded La-Z-Boy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 1st. Wall Street Zen lowered La-Z-Boy from a "buy" rating to a "hold" rating in a research note on Saturday. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $39.00.
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La-Z-Boy Company Profile
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La-Z-Boy Incorporated NYSE: LZB is a leading U.S. manufacturer and marketer of residential furniture, best known for its upholstered recliners, sofas, stationary chairs and sleeper sofas. The company offers a broad range of products in both fabric and leather, complemented by occasional tables, desks, lamps and other home furnishings through its branded retail network.
Founded in 1927 by cousins Edward Knabusch and Edwin Shoemaker in Monroe, Michigan, La-Z-Boy pioneered the modern reclining chair.
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