La-Z-Boy (NYSE:LZB - Get Free Report) is projected to release its Q2 2027 results after the market closes on Tuesday, November 17th. Analysts expect the company to post earnings of $0.4767 per share and revenue of $506.65 million for the quarter. Parties may review the information on the company's upcoming Q2 2027 earnings overview page for the latest details on the call scheduled for Wednesday, November 18, 2026 at 8:30 AM ET.
La-Z-Boy (NYSE:LZB - Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.06). The company had revenue of $475.69 million for the quarter, compared to analysts' expectations of $501.44 million. La-Z-Boy had a return on equity of 11.79% and a net margin of 3.86%. The firm's revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 EPS. On average, analysts expect La-Z-Boy to post $2.53 EPS for the current fiscal year and $2.87 EPS for the next fiscal year.
La-Z-Boy Trading Up 3.1%
Shares of LZB stock opened at $32.72 on Tuesday. La-Z-Boy has a twelve month low of $28.39 and a twelve month high of $44.90. The company's 50-day moving average price is $30.41 and its 200-day moving average price is $35.14. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.19 and a beta of 1.25.
La-Z-Boy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Thursday, September 3rd were given a dividend of $0.2420 per share. This represents a $0.97 annualized dividend and a yield of 3.0%. The ex-dividend date was Thursday, September 3rd. La-Z-Boy's dividend payout ratio (DPR) is presently 49.24%.
Insiders Place Their Bets
In related news, insider Robert Sundy, II sold 5,000 shares of the business's stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $30.85, for a total value of $154,250.00. Following the sale, the insider directly owned 59,297 shares in the company, valued at approximately $1,829,312.45. The trade was a 7.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Janet Kerr sold 3,653 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $31.75, for a total transaction of $115,982.75. Following the completion of the transaction, the director directly owned 4,125 shares in the company, valued at $130,968.75. The trade was a 46.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.12% of the company's stock.
Analyst Ratings Changes
Several equities analysts have weighed in on LZB shares. KeyCorp decreased their target price on shares of La-Z-Boy from $46.00 to $40.00 and set an "overweight" rating on the stock in a report on Thursday, August 20th. Zacks Research raised shares of La-Z-Boy from a "strong sell" rating to a "hold" rating in a research note on Monday, October 19th. Wall Street Zen downgraded shares of La-Z-Boy from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Weiss Ratings lowered shares of La-Z-Boy from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $39.50.
Check Out Our Latest Stock Analysis on LZB
About La-Z-Boy
(
Get Free Report)
La-Z-Boy Incorporated designs, manufactures, markets and sells residential furniture, including recliners, sofas, chairs and other upholstered products, as well as selected casegoods such as bedroom and dining furniture. Its brands include La-Z-Boy, Joybird, England, Kincaid and American Drew.
Founded in 1927 by cousins Edwin Shoemaker and Edward Knabusch, the company grew from their development of an early reclining chair. La-Z-Boy is headquartered in Monroe, Michigan, and sells its products through company-operated stores, independent retailers and online channels, primarily serving customers in North America.
Melinda D.
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