S&P 500   5,137.08
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QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
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Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
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In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
NYSE:LZB

La-Z-Boy (LZB) Stock Price, News & Analysis

$38.24
+0.25 (+0.66%)
(As of 03/1/2024 ET)
Today's Range
$37.52
$38.26
50-Day Range
$34.45
$38.92
52-Week Range
$25.12
$39.87
Volume
333,397 shs
Average Volume
383,659 shs
Market Capitalization
$1.63 billion
P/E Ratio
14.11
Dividend Yield
2.09%
Price Target
N/A

La-Z-Boy MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
6.19% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.18
Upright™ Environmental Score
News Sentiment
0.44mentions of La-Z-Boy in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.64%
From $2.86 to $3.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.33 out of 5 stars

Consumer Discretionary Sector

188th out of 270 stocks

Household Furniture Industry

7th out of 8 stocks


LZB stock logo

About La-Z-Boy Stock (NYSE:LZB)

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 Wholesale, Retail, Corporate and Other segments. The Wholesale segment manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. The company also produces reclining chairs; and manufactures and distributes residential furniture. Its Corporate and Other segment sells the products through its website. 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 headquartered in Monroe, Michigan.

LZB Stock Price History

LZB Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
MCCC ensembles to honor female composers
La-Z-Boy (NYSE:LZB) Stock Price Down 7.3% on Disappointing Earnings
Q3 2024 La-Z-Boy Inc Earnings Call
La-Z-Boy declares $0.20 dividend
La-Z-Boy Incorporated Reports Third Quarter Results
La-Z-Boy (NYSE:LZB) Misses Q3 Sales Targets
La-Z-Boy (LZB) Q3 Earnings and Revenues Miss Estimates
La-Z-Boy Incorporated Reports Third Quarter Results
How To Earn $500 A Month From La-Z-Boy Stock Ahead Of Q3 Earnings Results
Earnings Preview For La-Z-Boy
See More Headlines
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Company Calendar

Ex-Dividend for 12/18 Dividend
12/08/2023
Dividend Payable
12/18/2023
Last Earnings
2/21/2024
Today
3/02/2024
Ex-Dividend for 3/15 Dividend
3/04/2024
Dividend Payable
3/15/2024
Fiscal Year End
4/30/2024
Next Earnings (Estimated)
6/18/2024

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Home Furnishings
CUSIP
50533610
Employees
10,500
Year Founded
N/A

Profitability

Net Income
$150.66 million
Pretax Margin
7.67%

Debt

Sales & Book Value

Annual Sales
$2.35 billion
Cash Flow
$4.83 per share
Book Value
$23.17 per share

Miscellaneous

Free Float
41,915,000
Market Cap
$1.63 billion
Optionable
Optionable
Beta
1.17
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Key Executives

  • Ms. Melinda D. Whittington (Age 56)
    President, CEO & Director
    Comp: $2.45M
  • Mr. Robert Gerard Lucian (Age 61)
    Senior VP & CFO
    Comp: $1.03M
  • Mr. Robert Sundy II (Age 48)
    President of La-Z-Boy Brand & Chief Commercial Officer
    Comp: $786.33k
  • Mr. Michael A. Leggett (Age 51)
    Senior VP & Chief Supply Chain Officer
    Comp: $836.62k
  • Ms. Jennifer Lynn McCurry (Age 51)
    VP, Corporate Controller & Chief Accounting Officer
  • Ms. Carol Y. Lee (Age 52)
    VP & Chief Information Officer
  • Mr. Mark Alan Becks
    Director of Investor Relations & Corporate Development
  • Ms. Raphael Z. Richmond (Age 54)
    VP, Chief Compliance Officer, Chief legal Officer & General Counsel
    Comp: $730.91k
  • Ms. Katherine E. Vanderjagt (Age 43)
    VP & Chief Human Resources Officer
  • Mr. Terrence J. Linz (Age 42)
    President of Portfolio Brands














LZB Stock Analysis - Frequently Asked Questions

How have LZB shares performed in 2024?

La-Z-Boy's stock was trading at $36.92 on January 1st, 2024. Since then, LZB stock has increased by 3.6% and is now trading at $38.24.
View the best growth stocks for 2024 here
.

Are investors shorting La-Z-Boy?

La-Z-Boy saw a increase in short interest in January. As of January 31st, there was short interest totaling 2,830,000 shares, an increase of 6.4% from the January 15th total of 2,660,000 shares. Based on an average daily trading volume, of 377,500 shares, the short-interest ratio is presently 7.5 days. Approximately 6.7% of the shares of the company are short sold.
View La-Z-Boy's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 18th 2024.
View our LZB earnings forecast
.

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

La-Z-Boy Incorporated (NYSE:LZB) announced its quarterly earnings results on Wednesday, February, 21st. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by $0.08. The firm earned $500.40 million during the quarter, compared to analyst estimates of $523.09 million. La-Z-Boy had a trailing twelve-month return on equity of 13.55% and a net margin of 5.73%. La-Z-Boy's revenue for the quarter was down 12.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 EPS.

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 Tuesday, February 20th. Stockholders of record on Tuesday, March 5th will be given a dividend of $0.20 per share on Friday, March 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend is Monday, March 4th.
Read our dividend analysis for LZB
.

Is La-Z-Boy a good dividend stock?

La-Z-Boy (NYSE:LZB) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.11%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LZB will have a dividend payout ratio of 26.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LZB.

What guidance has La-Z-Boy issued on next quarter's earnings?

La-Z-Boy issued an update on its fourth quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $505.0 million-$535.0 million, compared to the consensus revenue estimate of $544.4 million.

What is Kurt L. Darrow's approval rating as La-Z-Boy's CEO?

218 employees have rated La-Z-Boy Chief Executive Officer Kurt L. Darrow on Glassdoor.com. Kurt L. Darrow has an approval rating of 77% among the company's employees.

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 Exxon Mobil (XOM), Chevron (CVX), NVIDIA (NVDA), Enterprise Products Partners (EPD), Home Depot (HD), International Business Machines (IBM), Intel (INTC), Kroger (KR), Lowe's Companies (LOW) and AT&T (T).

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

La-Z-Boy's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.96%), Dimensional Fund Advisors LP (7.44%), LSV Asset Management (4.30%), Pacer Advisors Inc. (2.59%), Brown Advisory Inc. (2.30%) and First Trust Advisors LP (1.85%). Insiders that own company stock include Janet Kerr, Kurt L Darrow and Otis S Sawyer.
View institutional ownership trends
.

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

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

This page (NYSE:LZB) was last updated on 3/2/2024 by MarketBeat.com Staff