NYSE:LZB - La-Z-Boy Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$32.42 -0.27 (-0.83 %)
(As of 03/22/2019 10:38 AM ET)
Previous Close$32.69
Today's Range$32.35 - $32.72
52-Week Range$25.30 - $39.15
Volume2,468 shs
Average Volume355,930 shs
Market Capitalization$1.51 billion
P/E Ratio17.87
Dividend Yield1.59%
Beta0.95
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Upholstery, Casegoods, and Retail segments. The Upholstery segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of Comfort Studios and England custom comfort center locations, dealers, and other independent retailers. The Casegoods segment imports, markets, and distributes casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces, as well as manufactures upholstered furniture. This segment sells its products to dealers, La-Z-Boy Furniture Galleries stores, and other independent retailers under the American Drew, Hammary, and Kincaid brands. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. This segment operates a network of 350 La-Z-Boy Furniture Galleries stores and 535 Comfort Studio locations, as well as in-store programs with 542 outlets in Kincaid and England. La-Z-Boy Incorporated also produces reclining chairs; and manufactures and distributes residential furniture. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan.

Receive LZB News and Ratings via Email

Sign-up to receive the latest news and ratings for LZB and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
CUSIP50533610
Phone734-242-1444

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.58 billion
Cash Flow$2.5171 per share
Book Value$14.40 per share

Profitability

Net Income$80.86 million

Miscellaneous

Employees9,000
Market Cap$1.51 billion
Next Earnings Date6/18/2019 (Estimated)
OptionableOptionable

La-Z-Boy (NYSE:LZB) Frequently Asked Questions

What is La-Z-Boy's stock symbol?

La-Z-Boy trades on the New York Stock Exchange (NYSE) under the ticker symbol "LZB."

How often does La-Z-Boy pay dividends? What is the dividend yield for La-Z-Boy?

La-Z-Boy declared a quarterly dividend on Wednesday, February 27th. Investors of record on Monday, March 11th will be given a dividend of $0.13 per share on Wednesday, March 20th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Friday, March 8th. View La-Z-Boy's Dividend History.

How will La-Z-Boy's stock buyback program work?

La-Z-Boy announced that its Board of Directors has approved a stock buyback plan on Wednesday, June 21st 2017, which permits the company to repurchase 6,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

How were La-Z-Boy's earnings last quarter?

La-Z-Boy Incorporated (NYSE:LZB) announced its quarterly earnings data on Tuesday, February, 19th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.08. The company earned $467.58 million during the quarter, compared to the consensus estimate of $457.17 million. La-Z-Boy had a net margin of 5.92% and a return on equity of 15.94%. View La-Z-Boy's Earnings History.

When is La-Z-Boy's next earnings date?

La-Z-Boy is scheduled to release their next quarterly earnings announcement on Tuesday, June 18th 2019. View Earnings Estimates for La-Z-Boy.

What price target have analysts set for LZB?

2 brokers have issued 1 year target prices for La-Z-Boy's stock. Their predictions range from $35.00 to $38.00. On average, they anticipate La-Z-Boy's stock price to reach $36.50 in the next year. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for La-Z-Boy.

What is the consensus analysts' recommendation for La-Z-Boy?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for La-Z-Boy in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for La-Z-Boy.

Has La-Z-Boy been receiving favorable news coverage?

Media coverage about LZB stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. La-Z-Boy earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the near term.

Who are some of La-Z-Boy's key competitors?

What other stocks do shareholders of La-Z-Boy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other La-Z-Boy investors own include Intuitive Surgical (ISRG), Home Depot (HD), Skechers USA (SKX), Tiffany & Co. (TIF), Restoration Hardware (RH), Kroger (KR), Lowe's Companies (LOW), Foot Locker (FL), Globus Medical (GMED) and Horizon Pharma (HZNP).

Who are La-Z-Boy's key executives?

La-Z-Boy's management team includes the folowing people:
  • Mr. Kurt L. Darrow, Chairman, Pres & CEO (Age 64)
  • Mr. Otis S. Sawyer, Sr. VP & Pres of La-Z-Boy Portfolio Brands (Age 61)
  • Mr. J. Douglas Collier, Sr. VP, Chief Commercial Officer & Pres of International (Age 52)
  • Mr. Darrell Dewain Edwards, Chief Supply Chain Officer & Sr. VP (Age 55)
  • Ms. Melinda D. Whittington, Sr. VP & CFO (Age 51)

Who are La-Z-Boy's major shareholders?

La-Z-Boy's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.97%), Dimensional Fund Advisors LP (6.51%), Nuveen Asset Management LLC (2.78%), Northern Trust Corp (2.65%), Norges Bank (2.31%) and Boston Partners (2.10%). Company insiders that own La-Z-Boy stock include Darrell Dewain Edwards, John Douglas Collier, Kurt L Darrow, Louis M Riccio Jr and Otis S Sawyer. View Institutional Ownership Trends for La-Z-Boy.

Which major investors are selling La-Z-Boy stock?

LZB stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Millennium Management LLC, Prudential Financial Inc., Barclays PLC, Squarepoint Ops LLC, Barrow Hanley Mewhinney & Strauss LLC, D. E. Shaw & Co. Inc. and Nuveen Asset Management LLC. Company insiders that have sold La-Z-Boy company stock in the last year include Darrell Dewain Edwards, John Douglas Collier, Kurt L Darrow and Otis S Sawyer. View Insider Buying and Selling for La-Z-Boy.

Which major investors are buying La-Z-Boy stock?

LZB stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Tributary Capital Management LLC, BlackRock Inc., Regal Investment Advisors LLC, LSV Asset Management, Boston Partners, Los Angeles Capital Management & Equity Research Inc. and GAM Holding AG. View Insider Buying and Selling for La-Z-Boy.

How do I buy shares of La-Z-Boy?

Shares of LZB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is La-Z-Boy's stock price today?

One share of LZB stock can currently be purchased for approximately $32.59.

How big of a company is La-Z-Boy?

La-Z-Boy has a market capitalization of $1.52 billion and generates $1.58 billion in revenue each year. The company earns $80.86 million in net income (profit) each year or $1.81 on an earnings per share basis. La-Z-Boy employs 9,000 workers across the globe.

What is La-Z-Boy's official website?

The official website for La-Z-Boy is http://www.la-z-boy.com.

How can I contact La-Z-Boy?

La-Z-Boy's mailing address is ONE LA-Z-BOY DRIVE, MONROE MI, 48162. The company can be reached via phone at 734-242-1444 or via email at [email protected]


MarketBeat Community Rating for La-Z-Boy (NYSE LZB)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  249 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  532
MarketBeat's community ratings are surveys of what our community members think about La-Z-Boy and other stocks. Vote "Outperform" if you believe LZB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LZB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel