La-Z-Boy Incorporated Company Profile (NYSE:LZB)

About La-Z-Boy Incorporated

La-Z-Boy Incorporated logoLa-Z-Boy Incorporated manufactures, markets, imports, exports, distributes and retails upholstery furniture products. The Company also imports, distributes and retails accessories and casegoods (wood) furniture products. The Company's segments include the Upholstery segment, the Casegoods segment and the Retail segment. The Company is the producer of reclining chairs and manufacturer/distributor of residential furniture in the United States. The Company sells its products, primarily in the United States and Canada, as well as internationally, to furniture retailers and directly to consumers through stores that it owns and operates. The Company has a network of approximately 340 La-Z-Boy Furniture Galleries stores and over 560 Comfort Studio locations. The Company owns approximately 120 of the La-Z-Boy Furniture Galleries stores. The Company's other brands include England, Kincaid, American Drew and Hammary.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Home Furnishings & Fixtures
  • Sub-Industry: Home Furnishings
  • Exchange: NYSE
  • Symbol: LZB
  • CUSIP: 50533610
Key Metrics:
  • Previous Close: $26.70
  • 50 Day Moving Average: $29.06
  • 200 Day Moving Average: $27.71
  • 52-Week Range: $22.09 - $32.90
  • Trailing P/E Ratio: 16.87
  • Foreward P/E Ratio: 14.59
  • P/E Growth: 0.99
  • Market Cap: $1.31B
  • Outstanding Shares: 48,927,000
  • Beta: 0.89
  • Net Margins: 5.22%
  • Return on Equity: 14.79%
  • Return on Assets: 10.32%
  • Current Ratio: 2.97%
  • Quick Ratio: 1.83%
Additional Links:
Companies Related to La-Z-Boy Incorporated:

Analyst Ratings

Consensus Ratings for La-Z-Boy Incorporated (NYSE:LZB) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $30.00 (12.36% upside)

Analysts' Ratings History for La-Z-Boy Incorporated (NYSE:LZB)
DateFirmActionRatingPrice TargetDetails
2/22/2017Stifel NicolausDowngradeBuy -> Hold$33.00 -> $30.00View Rating Details
1/5/2017Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> Market PerformView Rating Details
10/10/2016KeyCorpReiterated RatingBuy$28.00View Rating Details
8/5/2016Longbow ResearchInitiated CoverageNeutralView Rating Details
3/2/2016SidotiInitiated CoverageBuy$32.00View Rating Details
1/27/2016BB&T CorporationDowngradeBuy -> HoldView Rating Details
8/20/2015Barrington ResearchBoost Price TargetOutperform$30.00 -> $32.00View Rating Details
(Data available from 2/24/2015 forward)


Earnings History for La-Z-Boy Incorporated (NYSE:LZB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017Q3 2017$0.45$0.47$392.84 million$390.00 millionViewN/AView Earnings Details
11/30/2016Q2 2017$0.38$0.42$376.29 million$376.60 millionViewN/AView Earnings Details
8/23/2016Q117$0.29$0.28$358.79 million$340.80 millionViewN/AView Earnings Details
6/21/2016Q416$0.48$0.45$417.07 millionViewN/AView Earnings Details
2/17/2016Q316$0.40$0.43$376.54 million$384.00 millionViewListenView Earnings Details
11/17/2015Q216$0.41$0.41$388.11 million$382.89 millionViewListenView Earnings Details
8/18/2015Q116$0.21$0.27$340.75 million$341.40 millionViewListenView Earnings Details
6/16/2015Q415$0.38$0.38$374.94 millionViewN/AView Earnings Details
2/17/2015Q315$0.38$0.33$367.90 million$357.90 millionViewN/AView Earnings Details
11/18/2014Q215$0.34$0.36$375.70 million$365.60 millionViewN/AView Earnings Details
8/19/2014Q115$0.21$0.25$321.28 million$327.00 millionViewN/AView Earnings Details
6/17/2014Q414$0.33$0.33$369.20 million$353.00 millionViewN/AView Earnings Details
2/18/2014Q314$0.35$0.32$378.74 million$350.38 millionViewN/AView Earnings Details
11/19/2013Q2$0.26$0.31$349.40 million$366.40 millionViewN/AView Earnings Details
8/20/2013Q1 2014$0.15$0.18$323.02 million$318.90 millionViewN/AView Earnings Details
6/18/2013Q4 2013$0.28$0.30$357.67 million$359.50 millionViewN/AView Earnings Details
2/19/2013Q3 2013$0.23$0.28$337.80 million$349.10 millionViewN/AView Earnings Details
11/28/20120.12$0.12$322.30 millionViewListenView Earnings Details
8/21/2012$0.08$0.08ViewN/AView Earnings Details
6/19/2012$0.26$0.37ViewN/AView Earnings Details
2/21/2012$0.18$0.19ViewN/AView Earnings Details
11/30/2011$0.14$0.15ViewN/AView Earnings Details
8/23/2011$0.06$0.04ViewN/AView Earnings Details
6/21/2011$0.20$0.24ViewN/AView Earnings Details
2/15/2011$0.11$0.12ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for La-Z-Boy Incorporated (NYSE:LZB)
Current Year EPS Consensus Estimate: $1.63 EPS
Next Year EPS Consensus Estimate: $1.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.40$0.40$0.40
Q2 20163$0.44$0.49$0.46
Q3 20161$0.30$0.30$0.30
Q4 20162$0.47$0.49$0.48
Q1 20173$0.28$0.47$0.35
Q2 20173$0.39$0.52$0.46
Q3 20172$0.47$0.48$0.48
Q4 20172$0.47$0.51$0.49
(Data provided by Zacks Investment Research)


Current Dividend Information for La-Z-Boy Incorporated (NYSE:LZB)
Annual Dividend:$0.44
Dividend Yield:1.65%
Dividend Growth:19.90% (3 Year Average)
Payout Ratio:27.85% (Based on Trailing 12 Months of Earnings)
26.99% (Based on Current Year Consensus EPS Estimate)
24.04% (Based on Next Year Consensus EPS Estimate)

Dividend History for La-Z-Boy Incorporated (NYSE:LZB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for La-Z-Boy Incorporated (NYSE:LZB)
Insider Ownership Percentage: 3.57%
Institutional Ownership Percentage: 87.94%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/19/2016Janet KerrDirectorSell2,350$32.38$76,093.00View SEC Filing  
12/19/2016John Douglas CollierSVPSell12,000$32.53$390,360.00View SEC Filing  
12/15/2016Louis M Riccio JrVPSell20,000$32.12$642,400.00View SEC Filing  
9/22/2016John Douglas CollierInsiderSell26,874$26.17$703,292.58View SEC Filing  
8/25/2016Otis S SawyerInsiderSell5,935$27.46$162,975.10View SEC Filing  
7/1/2016Kurt L DarrowCEOSell110,729$27.79$3,077,158.91View SEC Filing  
6/30/2016Mark BaconSVPSell24,504$27.34$669,939.36View SEC Filing  
6/27/2016John Douglas CollierSVPSell15,000$26.86$402,900.00View SEC Filing  
6/23/2016Louis M Riccio JrCFOSell8,000$28.17$225,360.00View SEC Filing  
3/22/2016Louis M Riccio JrCFOSell11,761$25.91$304,727.51View SEC Filing  
3/11/2016John Douglas CollierSVPSell7,908$25.42$201,021.36View SEC Filing  
9/11/2015Steven M KincaidSVPSell15,000$26.95$404,250.00View SEC Filing  
6/24/2015Mark BaconSVPSell29,309$26.96$790,170.64View SEC Filing  
6/23/2015Steven M KincaidSVPSell24,001$27.04$648,987.04View SEC Filing  
6/22/2015Steven M KincaidSVPSell21,490$27.03$580,874.70View SEC Filing  
9/15/2014Margaret L MuellerCAOSell3,369$21.32$71,827.08View SEC Filing  
6/27/2014Otis S SawyerSVPSell46,087$23.30$1,073,827.10View SEC Filing  
6/25/2014Mark BaconSVPSell8,000$23.61$188,880.00View SEC Filing  
6/20/2014Janet KerrDirectorBuy1,000$23.21$23,210.00View SEC Filing  
3/18/2014Margaret MuellerCAOSell3,750$27.88$104,550.00View SEC Filing  
9/17/2013Kurt DarrowCEOSell42,509$22.82$970,055.38View SEC Filing  
9/13/2013Kurt DarrowCEOSell59,816$22.52$1,347,056.32View SEC Filing  
9/9/2013Louis M Riccio JrCFOSell26,013$22.36$581,650.68View SEC Filing  
8/26/2013Margaret MuellerCAOSell10,918$22.25$242,925.50View SEC Filing  
8/26/2013Otis SawyerSVPSell15,500$22.23$344,565.00View SEC Filing  
8/22/2013Mark BaconSVPSell31,013$22.23$689,418.99View SEC Filing  
6/27/2013Steven M KincaidSVPSell5,000$19.50$97,500.00View SEC Filing  
6/25/2013Louis M Riccio JrCFOSell5,000$18.83$94,150.00View SEC Filing  
6/24/2013Otis S SawyerSVPSell11,025$18.41$202,970.25View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for La-Z-Boy Incorporated (NYSE:LZB)
DateHeadline logoEdited Transcript of LZB earnings conference call or presentation 22-Feb-17 1:30pm GMT (NYSE:LZB) - February 22 at 11:36 PM logo4:20 pm La-Z-Boy beats by $0.02, reports revs in-line; provides outlook (NYSE:LZB) - February 22 at 6:33 PM logoBRIEF-La-Z-Boy reports Q3 earnings per share $0.47 (NYSE:LZB) - February 22 at 8:11 AM logoLa-Z-Boy Inc Announces 6% Rise In Q3 Bottom Line (NYSE:LZB) - February 22 at 8:11 AM
News IconWill La-Z-Boy Incorporated’s (LZB) Earnings Grow Over The Next Year? (NYSE:LZB) - February 22 at 8:11 AM logoLa Z Boy Incorporated : Z-Boy has $23.3M profit in 3rd quarter (NYSE:LZB) - February 22 at 8:11 AM logoLA-Z-BOY INCORPORATED (NYSE:LZB) Files An 8-K Results of Operations and Financial Condition (NYSE:LZB) - February 22 at 8:11 AM logoQ3 2017 La-Z-Boy Inc Earnings Release - After Market Close (NYSE:LZB) - February 21 at 6:30 PM logoLa-Z-Boy to Host Fiscal 2017 Third Quarter Earnings Results Conference Call and Webcast Live on Wednesday, February 22, 2017 (NYSE:LZB) - February 21 at 6:30 PM logoLa-Z-Boy Reports Fiscal 2017 Third-Quarter Results (NYSE:LZB) - February 21 at 6:30 PM logoLA-Z-BOY INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:LZB) - February 21 at 6:30 PM logoLa-Z-Boy beats 3Q profit forecasts (NYSE:LZB) - February 21 at 6:30 PM logoLa-Z-Boy Announces Fiscal 2017 Third-Quarter Conference Call (NYSE:LZB) - February 13 at 7:32 PM
News IconLa-Z-Boy lift chairs might shock you (NYSE:LZB) - February 11 at 11:27 PM
News IconLa-Z-Boy is recalling 2,500 chairs (NYSE:LZB) - February 8 at 7:14 PM
News IconLa-Z-Boy recalls lift chair power supply (NYSE:LZB) - February 8 at 7:14 PM logoLa-Z-Boy recalls about 2,500 power supplies sold with lift chairs due to shock hazard (NYSE:LZB) - February 8 at 7:14 PM logoRead this now: No ruling yet on Trump's immigration ban | La-Z-Boy recliners recalled (NYSE:LZB) - February 8 at 4:53 PM
News IconLa-Z-Boy expansion to create 115 new jobs (NYSE:LZB) - February 7 at 7:43 PM
News IconLa-Z-Boy to invest millions (NYSE:LZB) - February 7 at 7:43 PM
News IconLa-Z-Boy investing $26M, adding 115 jobs at Tennessee plant (NYSE:LZB) - February 3 at 5:18 AM logoBRIEF-La-Z-Boy to invest in Dayton, TN Manufacturing Campus (NYSE:LZB) - February 3 at 12:16 AM
News IconLa-Z-Boy expansion in Dayton to create more than 100 new jobs (NYSE:LZB) - February 3 at 12:16 AM logoLa Z Boy Incorporated : Z-Boy to add 115 jobs in expansion of Dayton pnt (NYSE:LZB) - February 3 at 12:16 AM
News IconLa-Z-Boy to Bring New Jobs to Dayton (NYSE:LZB) - February 3 at 12:16 AM
News IconLa-Z-Boy To Expand Rhea Co. Plant; Add 115 Jobs (NYSE:LZB) - February 3 at 12:16 AM logoLa-Z-Boy to Invest in Dayton, TN Manufacturing Campus (NYSE:LZB) - February 2 at 7:15 PM logo4:25 pm La-Z-Boy plans to invest approx. $26 mln over a three-year period in its largest U.S. manufacturing facility, located in Dayton, TN (NYSE:LZB) - February 2 at 7:15 PM logoLa-Z-Boy, Inc. : LZB-US: Dividend Analysis : December 09th, 2016 (record date) : By the numbers : January 30, 2017 (NYSE:LZB) - February 1 at 12:18 AM logoLa-Z-Boy, Inc. breached its 50 day moving average in a Bearish Manner : LZB-US : January 27, 2017 (NYSE:LZB) - January 27 at 11:23 PM logoLa-Z-Boy, Inc. – Value Analysis (NYSE:LZB) : January 18, 2017 (NYSE:LZB) - January 18 at 6:56 PM logoETFs with exposure to La-Z-Boy, Inc. : January 17, 2017 (NYSE:LZB) - January 17 at 6:44 PM logoLa-Z-Boy, Inc. breached its 50 day moving average in a Bullish Manner : LZB-US : January 16, 2017 (NYSE:LZB) - January 16 at 8:15 AM logoQuarterly Deferred Tax Assets Of La-Z-Boy Incorporated (NYSE:LZB) At $9.853 Millions (NYSE:LZB) - January 12 at 6:58 PM logoLa-Z-Boy Can't Duck $5.8M Royalty Verdict, Fla. Court Says (NYSE:LZB) - January 6 at 7:05 PM logoRobins Kaplan LLP’s $5.7 Million Trial Victory for Inventor Over La-Z-Boy Validated by Court Ruling (NYSE:LZB) - January 5 at 7:51 PM logoAnalyst Activity – Raymond James Financial, Inc. Reiterates Strong-Buy on La-Z-Boy Incorporated (NYSE:LZB) (NYSE:LZB) - January 5 at 7:51 PM logoLa-Z-Boy downgraded by Raymond James (NYSE:LZB) - January 5 at 7:51 PM logoLa Z Boy Incorporated : After decades of dads leaned back, a classic chair moves forward (NYSE:LZB) - January 1 at 11:36 PM logoETFs with exposure to La-Z-Boy, Inc. : December 30, 2016 (NYSE:LZB) - December 30 at 6:47 PM
News IconInsider Sale: La-Z-Boy Incorporated (NYSE:LZB)’s director Janet Kerr Unloaded 2,350 shares (NYSE:LZB) - December 22 at 5:19 AM logoETFs with exposure to La-Z-Boy, Inc. : December 16, 2016 (NYSE:LZB) - December 16 at 7:02 PM
News IconInsiders Worth Watching: Margaret Mueller Sold 8,354 Shares of La-Z-Boy Incorporated (NYSE:LZB) (NYSE:LZB) - December 15 at 7:02 PM logoWhat Hedge Funds Think about Euronav NV Ordinary Shares (EURN)? (NYSE:LZB) - December 10 at 5:52 PM logoLA-Z-BOY INC Financials (NYSE:LZB) - December 7 at 6:23 PM
News IconLa-Z-Boy Q2 sales, income dip slightly for 2017 (NYSE:LZB) - December 7 at 10:01 AM logoPost Earnings Coverage as La-Z-Boy Outperformed Market Expectations (NYSE:LZB) - December 6 at 10:03 AM logoETFs with exposure to La-Z-Boy, Inc. : December 5, 2016 (NYSE:LZB) - December 5 at 6:34 PM logoEdited Transcript of LZB earnings conference call or presentation 1-Dec-16 1:30pm GMT (NYSE:LZB) - December 3 at 5:45 PM logoIs La-Z-Boy Incorporated (LZB) A Good Stock To Buy? (NYSE:LZB) - December 2 at 6:08 PM


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

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

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

La-Z-Boy Incorporated announced a quarterly dividend on Tuesday, February 21st. Investors of record on Monday, March 6th will be given a dividend of $0.11 per share on Wednesday, March 15th. This represents a $0.44 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date is Thursday, March 2nd.

Where is La-Z-Boy Incorporated's stock going? Where will La-Z-Boy Incorporated's stock price be in 2017?

5 equities research analysts have issued 12-month price targets for La-Z-Boy Incorporated's shares. Their forecasts range from $28.00 to $32.00. On average, they expect La-Z-Boy Incorporated's share price to reach $30.00 in the next twelve months.

When will La-Z-Boy Incorporated announce their earnings?

La-Z-Boy Incorporated is scheduled to release their next quarterly earnings announcement on Tuesday, February, 21st 2017.

What are analysts saying about La-Z-Boy Incorporated stock?

Here are some recent quotes from research analysts about La-Z-Boy Incorporated stock:

  • Stifel Nicolaus analysts commented, "We are lowering our rating from Buy to Hold following 3Q17 results. While the quarter was not a disaster by any means, the overall furniture business remains challenged and growth is hard to find. We are lowering our FY18 EBITDA estimate by roughly 5% and using a combination of the average forward EV/EBITDA and P/E multiple of the past five years, we arrive at a target price of $30-31, which only represents 5-7% potential upside to the current share price. We do point out we estimate investors earn a mid-single digit return from dividends and share buybacks which is attractive but we do not think the current environment is likely to warrant a multiple expansion relative to a longer term average." (2/22/2017)
  • According to Zacks Investment Research, "La-Z-Boy is the third largest furniture maker in the U.S., the largest reclining-chair manufacturer in the world and America's largest manufacturer of upholstered furniture. " (2/2/2017)

Who owns La-Z-Boy Incorporated stock?

La-Z-Boy Incorporated's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.02%), Silvercrest Asset Management Group LLC (4.85%), State Street Corp (2.38%), Franklin Resources Inc. (2.11%), Skyline Asset Management LP (1.72%) and NWQ Investment Management Company LLC (1.09%). Company insiders that own La-Z-Boy Incorporated stock include Janet Kerr, John Douglas Collier, Kurt L Darrow, Louis M Riccio Jr, Mark Bacon, Otis S Sawyer and Steven M Kincaid.

Who sold La-Z-Boy Incorporated stock? Who is selling La-Z-Boy Incorporated stock?

La-Z-Boy Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, NWQ Investment Management Company LLC, Systematic Financial Management LP, Guggenheim Capital LLC, Two Sigma Investments LP, Fiera Capital Corp, Skyline Asset Management LP and Marshall Wace LLP. Company insiders that have sold La-Z-Boy Incorporated stock in the last year include Janet Kerr, John Douglas Collier, Kurt L Darrow, Louis M Riccio Jr, Mark Bacon and Otis S Sawyer.

Who bought La-Z-Boy Incorporated stock? Who is buying La-Z-Boy Incorporated stock?

La-Z-Boy Incorporated's stock was acquired by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Numeric Investors LLC, State Street Corp, Dimensional Fund Advisors LP, Zebra Capital Management LLC, Russell Investments Group Ltd., Bayesian Capital Management LP and A.R.T. Advisors LLC.

How do I buy La-Z-Boy Incorporated stock?

Shares of La-Z-Boy Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of La-Z-Boy Incorporated stock cost?

One share of La-Z-Boy Incorporated stock can currently be purchased for approximately $26.70.

La-Z-Boy Incorporated (NYSE:LZB) Chart for Friday, February, 24, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for La-Z-Boy Incorporated (NYSE:LZB)

Earnings History Chart

Earnings by Quarter for La-Z-Boy Incorporated (NYSE:LZB)

Dividend History Chart

Dividend Payments by Quarter for La-Z-Boy Incorporated (NYSE:LZB)

Last Updated on 2/24/2017 by Staff