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

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$25.73 -0.52 (-1.98 %)
(As of 12/16/2018 04:00 PM ET)
Previous Close$25.73
Today's Range$25.57 - $26.60
52-Week Range$25.57 - $39.15
Volume337,469 shs
Average Volume532,576 shs
Market Capitalization$1.21 billion
P/E Ratio14.22
Dividend Yield2.02%
Beta1.01
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
Current SymbolNYSE:LZB
Previous Symbol
CUSIP50533610
Phone734-242-1444

Debt

Debt-to-Equity RatioN/A
Current Ratio1.88
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio14.22
Forward P/E Ratio12.19
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.58 billion
Price / Sales0.76
Cash Flow$2.5350 per share
Price / Cash Flow10.15
Book Value$13.86 per share
Price / Book1.86

Profitability

EPS (Most Recent Fiscal Year)$1.81
Net Income$80.86 million
Net Margins5.11%
Return on Equity15.07%
Return on Assets10.07%

Miscellaneous

Employees9,000
Outstanding Shares46,830,000
Market Cap$1.21 billion
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 announced a quarterly dividend on Wednesday, November 28th. Stockholders of record on Monday, December 10th will be paid a dividend of $0.13 per share on Thursday, December 20th. This represents a $0.52 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Friday, December 7th. This is an increase from La-Z-Boy's previous quarterly dividend of $0.12. View La-Z-Boy's Dividend History.

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

La-Z-Boy declared that its board has initiated a stock buyback program on Wednesday, June 21st 2017, which authorizes the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

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

La-Z-Boy Incorporated (NYSE:LZB) released its earnings results on Wednesday, November, 28th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.05. The firm earned $439.30 million during the quarter, compared to the consensus estimate of $434.04 million. La-Z-Boy had a net margin of 5.11% and a return on equity of 15.07%. The company's revenue for the quarter was up 11.7% on a year-over-year basis. During the same period last year, the company posted $0.47 EPS. 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 19th 2019. View Earnings Estimates for La-Z-Boy.

What price target have analysts set for LZB?

1 analysts have issued 1-year target prices for La-Z-Boy's shares. Their predictions range from $35.00 to $35.00. On average, they expect La-Z-Boy's share price to reach $35.00 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for La-Z-Boy.

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

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

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

Media stories about LZB stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. 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 daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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

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 63)
  • Mr. Otis S. Sawyer, Sr. VP & Pres of La-Z-Boy Portfolio Brands (Age 60)
  • Mr. J. Douglas Collier, Sr. VP, Chief Commercial Officer & Pres of International (Age 51)
  • Mr. Darrell Dewain Edwards, Chief Supply Chain Officer and Sr. VP (Age 54)
  • Ms. Melinda D. Whittington, Sr. VP & CFO (Age 50)

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

La-Z-Boy's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.59%), Vanguard Group Inc. (10.00%), Vanguard Group Inc (9.97%), Dimensional Fund Advisors LP (6.50%), Royce & Associates LP (2.18%) and Bank of New York Mellon Corp (1.56%). Company insiders that own La-Z-Boy stock include Janet Kerr, John Douglas Collier, Kurt L Darrow, Louis M Riccio Jr and Otis S Sawyer. View Institutional Ownership Trends for La-Z-Boy.

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

LZB stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., AQR Capital Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Morgan Stanley, Allianz Asset Management GmbH, TIAA CREF Investment Management LLC and Thrivent Financial for Lutherans. Company insiders that have sold La-Z-Boy company stock in the last year include John Douglas Collier, Kurt L Darrow, Louis M Riccio Jr and Otis S Sawyer. View Insider Buying and Selling for La-Z-Boy.

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

LZB stock was acquired by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, BlackRock Inc., Deutsche Bank AG, Renaissance Technologies LLC, Vanguard Group Inc, Vanguard Group Inc., James Investment Research Inc. and Botty Investors LLC. 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 $25.73.

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

La-Z-Boy has a market capitalization of $1.21 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:  240 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  518
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 12/16/2018 by MarketBeat.com Staff

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