Log in

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

$31.42
+0.14 (+0.45 %)
(As of 12/15/2019 04:00 PM ET)
Today's Range
$30.81
Now: $31.42
$31.56
50-Day Range
$30.80
MA: $33.97
$37.16
52-Week Range
$25.30
Now: $31.42
$37.48
Volume374,012 shs
Average Volume457,492 shs
Market Capitalization$1.46 billion
P/E Ratio14.68
Dividend Yield1.79%
Beta0.67
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. Read More…

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$1.75 billion
Cash Flow$2.85 per share
Book Value$15.32 per share

Profitability

Net Income$68.57 million

Miscellaneous

Employees9,700
Market Cap$1.46 billion
Next Earnings Date2/18/2020 (Estimated)
OptionableOptionable

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.


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, November 20th. Investors of record on Monday, December 2nd will be paid a dividend of $0.14 per share on Friday, December 13th. This represents a $0.56 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Friday, November 29th. This is a positive change from La-Z-Boy's previous quarterly dividend of $0.13. View La-Z-Boy's Dividend History.

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

La-Z-Boy Incorporated (NYSE:LZB) released its earnings results on Wednesday, November, 20th. The company reported $0.52 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.55 by $0.03. The firm had revenue of $447.21 million for the quarter, compared to analysts' expectations of $454.39 million. La-Z-Boy had a return on equity of 15.10% and a net margin of 3.98%. The company's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the business posted $0.48 earnings per share. 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, February 18th 2020. View Earnings Estimates for La-Z-Boy.

What price target have analysts set for LZB?

2 brokerages have issued 12 month price objectives for La-Z-Boy's shares. Their forecasts range from $35.00 to $36.00. On average, they expect La-Z-Boy's stock price to reach $35.50 in the next year. This suggests a possible upside of 13.0% 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 been trending somewhat negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. La-Z-Boy earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for La-Z-Boy.

Are investors shorting La-Z-Boy?

La-Z-Boy saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 2,240,000 shares, an increase of 9.3% from the November 14th total of 2,050,000 shares. Based on an average daily volume of 326,000 shares, the days-to-cover ratio is presently 6.9 days. Currently, 5.0% of the company's stock are short sold. View La-Z-Boy's Current Options Chain.

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 Home Depot (HD), NVIDIA (NVDA), PepsiCo (PEP), Intuitive Surgical (ISRG), Intel (INTC), Mondelez International (MDLZ), Starbucks (SBUX), Abbott Laboratories (ABT), GrubHub (GRUB) and Kroger (KR).

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 institutional and retail investors. Top institutional shareholders include State Street Corp (2.95%), Voya Investment Management LLC (1.25%), Systematic Financial Management LP (0.96%), Tributary Capital Management LLC (0.92%), Boston Partners (0.87%) and Gamco Investors INC. ET AL (0.76%). 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 Squarepoint Ops LLC, SG Americas Securities LLC, State Street Corp, Point72 Asset Management L.P., Smith Graham & Co. Investment Advisors LP, Gamco Investors INC. ET AL, Public Employees Retirement System of Ohio and Gabelli Funds LLC. Company insiders that have sold La-Z-Boy company stock in the last year include Darrell Dewain Edwards, John Douglas Collier and Kurt L Darrow. View Insider Buying and Selling for La-Z-Boy.

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

LZB stock was purchased by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., State of New Jersey Common Pension Fund D, First Merchants Corp, Voya Investment Management LLC, Alberta Investment Management Corp, State of Alaska Department of Revenue, Tributary Capital Management LLC and Russell Investments Group Ltd.. 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, Robinhood, Fidelity and Charles Schwab.

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

One share of LZB stock can currently be purchased for approximately $31.42.

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

La-Z-Boy has a market capitalization of $1.46 billion and generates $1.75 billion in revenue each year. The company earns $68.57 million in net income (profit) each year or $2.14 on an earnings per share basis. La-Z-Boy employs 9,700 workers across the globe.View Additional Information About La-Z-Boy.

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 https://lazboy.gcs-web.com.


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

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  284 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  619
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 12/15/2019 by MarketBeat.com Staff

Featured Article: Straddles

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