Leon's Furniture (TSE:LNF - Free Report ) had its price target hoisted by BMO Capital Markets from C$23.00 to C$24.00 in a report issued on Thursday morning, BayStreet.CA reports.
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Leon's Furniture Trading Up 0.4 % Shares of TSE:LNF traded up C$0.09 during midday trading on Thursday, hitting C$22.59. 10,859 shares of the stock were exchanged, compared to its average volume of 12,123. The stock has a market capitalization of C$1.54 billion, a price-to-earnings ratio of 11.11 and a beta of 0.76. The company has a debt-to-equity ratio of 44.13, a quick ratio of 0.53 and a current ratio of 1.34. The business's 50-day moving average price is C$22.13 and its 200 day moving average price is C$20.15. Leon's Furniture has a 12 month low of C$16.46 and a 12 month high of C$23.34.
Leon's Furniture (TSE:LNF - Get Free Report ) last released its quarterly earnings results on Wednesday, February 21st. The company reported C$0.72 earnings per share for the quarter. The company had revenue of C$686.90 million for the quarter. Leon's Furniture had a return on equity of 14.19% and a net margin of 5.66%. Analysts predict that Leon's Furniture will post 2.0611111 earnings per share for the current year.
Leon's Furniture Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, April 8th. Investors of record on Friday, March 8th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend was Thursday, March 7th. Leon's Furniture's payout ratio is presently 35.64%.
Insider Activity at Leon's Furniture In related news, Senior Officer John Andrew Cooney sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$22.64, for a total value of C$226,399.00. 69.62% of the stock is currently owned by company insiders.
Leon's Furniture Company Profile (
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Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon's and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.
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