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: $29.10
  • 50 Day Moving Average: $29.67
  • 200 Day Moving Average: $27.81
  • 52-Week Range: $48,927,000.00 - $20.29
  • Trailing P/E Ratio: 18.38
  • Foreward P/E Ratio: 15.56
  • P/E Growth: 1.03
  • Market Cap: $1.42B
  • Outstanding Shares: 48,927,000
  • Beta: 0.89
Profitability:
  • Net Margins: 5.22%
  • Return on Equity: 14.79%
  • Return on Assets: 10.32%
Debt:
  • 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: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $30.00 (3.09% upside)

Analysts' Ratings History for La-Z-Boy Incorporated (NYSE:LZB)
Show:
DateFirmActionRatingPrice TargetDetails
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
2/19/2015Stifel NicolausBoost Price TargetBuy$28.00 -> $30.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for La-Z-Boy Incorporated (NYSE:LZB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017$0.45N/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)

Estimates

Earnings Estimates for La-Z-Boy Incorporated (NYSE:LZB)
Current Year EPS Consensus Estimate: $1.63 EPS
Next Year EPS Consensus Estimate: $1.87 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)

Dividends

Current Dividend Information for La-Z-Boy Incorporated (NYSE:LZB)
Annual Dividend:$0.44
Dividend Yield:1.51%
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)
23.53% (Based on Next Year Consensus EPS Estimate)

Dividend History for La-Z-Boy Incorporated (NYSE:LZB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/30/2016quarterly$0.111.57%12/7/201612/9/201612/15/2016
8/24/2016quarterly$0.101.45%8/31/20169/2/20169/9/2016
5/3/2016quarterly$0.101.55%5/23/20165/25/20166/10/2016
2/17/2016quarterly$0.101.63%2/25/20162/29/20163/10/2016
11/17/2015quarterly$0.101.54%11/25/201511/30/201512/10/2015
8/19/2015quarterly$0.081.13%8/27/20158/31/20159/10/2015
5/4/2015quarterly$0.081.22%5/26/20155/28/20156/10/2015
2/17/2015quarterly$0.081.23%2/25/20152/27/20153/10/2015
11/18/2014quarterly$0.081.33%11/25/201411/28/201412/10/2014
8/19/2014quarterly$0.061.09%8/27/20148/29/20149/10/2014
4/29/2014quarterly$0.060.99%5/27/20145/29/20146/10/2014
2/18/2014quarterly$0.060.91%2/26/20142/28/20143/10/2014
11/19/2013quarterly$0.060.89%11/26/201311/29/201312/10/2013
8/21/2013quarterly$0.040.72%8/28/20138/30/20139/10/2013
4/30/2013quarterly$0.040.91%5/28/20135/30/20136/10/2013
2/19/2013quarterly$0.040.93%2/27/20133/1/20133/8/2013
(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)

Headlines

Latest Headlines for La-Z-Boy Incorporated (NYSE:LZB)
DateHeadline
finance.yahoo.com logoLa-Z-Boy Announces Fiscal 2017 Third-Quarter Conference Call (NYSE:LZB)
finance.yahoo.com - February 13 at 7:32 PM
News IconLa-Z-Boy lift chairs might shock you (NYSE:LZB)
www.thestate.com - February 11 at 11:27 PM
News IconLa-Z-Boy is recalling 2,500 chairs (NYSE:LZB)
www.kwwl.com - February 8 at 7:14 PM
News IconLa-Z-Boy recalls lift chair power supply (NYSE:LZB)
www.furnituretoday.com - February 8 at 7:14 PM
marketwatch.com logoLa-Z-Boy recalls about 2,500 power supplies sold with lift chairs due to shock hazard (NYSE:LZB)
www.marketwatch.com - February 8 at 7:14 PM
cnbc.com logoRead this now: No ruling yet on Trump's immigration ban | La-Z-Boy recliners recalled (NYSE:LZB)
www.cnbc.com - February 8 at 4:53 PM
News IconLa-Z-Boy expansion to create 115 new jobs (NYSE:LZB)
www.rheaheraldnews.com - February 7 at 7:43 PM
News IconLa-Z-Boy to invest millions (NYSE:LZB)
www.monroenews.com - February 7 at 7:43 PM
News IconLa-Z-Boy investing $26M, adding 115 jobs at Tennessee plant (NYSE:LZB)
www.wmcactionnews5.com - February 3 at 5:18 AM
reuters.com logoBRIEF-La-Z-Boy to invest in Dayton, TN Manufacturing Campus (NYSE:LZB)
www.reuters.com - February 3 at 12:16 AM
News IconLa-Z-Boy expansion in Dayton to create more than 100 new jobs (NYSE:LZB)
www.wrcbtv.com - February 3 at 12:16 AM
4-traders.com logoLa Z Boy Incorporated : Z-Boy to add 115 jobs in expansion of Dayton pnt (NYSE:LZB)
www.4-traders.com - February 3 at 12:16 AM
News IconLa-Z-Boy to Bring New Jobs to Dayton (NYSE:LZB)
www.wdef.com - February 3 at 12:16 AM
News IconLa-Z-Boy To Expand Rhea Co. Plant; Add 115 Jobs (NYSE:LZB)
www.newschannel5.com - February 3 at 12:16 AM
finance.yahoo.com logoLa-Z-Boy to Invest in Dayton, TN Manufacturing Campus (NYSE:LZB)
finance.yahoo.com - February 2 at 7:15 PM
finance.yahoo.com 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)
finance.yahoo.com - February 2 at 7:15 PM
capitalcube.com logoLa-Z-Boy, Inc. : LZB-US: Dividend Analysis : December 09th, 2016 (record date) : By the numbers : January 30, 2017 (NYSE:LZB)
us.rd.yahoo.com - February 1 at 12:18 AM
capitalcube.com logoLa-Z-Boy, Inc. breached its 50 day moving average in a Bearish Manner : LZB-US : January 27, 2017 (NYSE:LZB)
www.capitalcube.com - January 27 at 11:23 PM
capitalcube.com logoLa-Z-Boy, Inc. – Value Analysis (NYSE:LZB) : January 18, 2017 (NYSE:LZB)
www.capitalcube.com - January 18 at 6:56 PM
capitalcube.com logoETFs with exposure to La-Z-Boy, Inc. : January 17, 2017 (NYSE:LZB)
www.capitalcube.com - January 17 at 6:44 PM
capitalcube.com logoLa-Z-Boy, Inc. breached its 50 day moving average in a Bullish Manner : LZB-US : January 16, 2017 (NYSE:LZB)
www.capitalcube.com - January 16 at 8:15 AM
realistinvestor.com logoQuarterly Deferred Tax Assets Of La-Z-Boy Incorporated (NYSE:LZB) At $9.853 Millions (NYSE:LZB)
www.realistinvestor.com - January 12 at 6:58 PM
law360.com logoLa-Z-Boy Can't Duck $5.8M Royalty Verdict, Fla. Court Says (NYSE:LZB)
www.law360.com - January 6 at 7:05 PM
finance.yahoo.com logoRobins Kaplan LLP’s $5.7 Million Trial Victory for Inventor Over La-Z-Boy Validated by Court Ruling (NYSE:LZB)
finance.yahoo.com - January 5 at 7:51 PM
marketexclusive.com logoAnalyst Activity – Raymond James Financial, Inc. Reiterates Strong-Buy on La-Z-Boy Incorporated (NYSE:LZB) (NYSE:LZB)
marketexclusive.com - January 5 at 7:51 PM
finance.yahoo.com logoLa-Z-Boy downgraded by Raymond James (NYSE:LZB)
finance.yahoo.com - January 5 at 7:51 PM
4-traders.com logoLa Z Boy Incorporated : After decades of dads leaned back, a classic chair moves forward (NYSE:LZB)
www.4-traders.com - January 1 at 11:36 PM
capitalcube.com logoETFs with exposure to La-Z-Boy, Inc. : December 30, 2016 (NYSE:LZB)
www.capitalcube.com - 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)
www.whatsonthorold.com - December 22 at 5:19 AM
capitalcube.com logoETFs with exposure to La-Z-Boy, Inc. : December 16, 2016 (NYSE:LZB)
www.capitalcube.com - 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)
www.whatsonthorold.com - December 15 at 7:02 PM
insidermonkey.com logoWhat Hedge Funds Think about Euronav NV Ordinary Shares (EURN)? (NYSE:LZB)
www.insidermonkey.com - December 10 at 5:52 PM
finance.yahoo.com logoLA-Z-BOY INC Financials (NYSE:LZB)
finance.yahoo.com - December 7 at 6:23 PM
News IconLa-Z-Boy Q2 sales, income dip slightly for 2017 (NYSE:LZB)
www.furnituretoday.com - December 7 at 10:01 AM
finance.yahoo.com logoPost Earnings Coverage as La-Z-Boy Outperformed Market Expectations (NYSE:LZB)
finance.yahoo.com - December 6 at 10:03 AM
capitalcube.com logoETFs with exposure to La-Z-Boy, Inc. : December 5, 2016 (NYSE:LZB)
www.capitalcube.com - December 5 at 6:34 PM
us.rd.yahoo.com logoEdited Transcript of LZB earnings conference call or presentation 1-Dec-16 1:30pm GMT (NYSE:LZB)
us.rd.yahoo.com - December 3 at 5:45 PM
insidermonkey.com logoIs La-Z-Boy Incorporated (LZB) A Good Stock To Buy? (NYSE:LZB)
www.insidermonkey.com - December 2 at 6:08 PM
capitalcube.com logoLa-Z-Boy, Inc. :LZB-US: Earnings Analysis: Q2, 2017 By the Numbers : December 2, 2016 (NYSE:LZB)
www.capitalcube.com - December 2 at 6:08 PM
fool.com logoWhy Pandora Media, La-Z-Boy, and Ascena Retail Group Jumped Today (NYSE:LZB)
www.fool.com - December 2 at 6:08 PM
seekingalpha.com logoLa-Z-Boy rallies after earnings (NYSE:LZB)
seekingalpha.com - December 2 at 1:38 PM
rttnews.com logoEARNINGS SUMMARY: Details of La-Z-Boy Inc Q2 Earnings Report (NYSE:LZB)
www.rttnews.com - December 2 at 8:23 AM
investopedia.com logoLa-Z-Boy Lifts Its Dividend 10% Higher (NYSE:LZB)
www.investopedia.com - December 1 at 6:21 PM
4-traders.com logoLA-Z-BOY INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:LZB)
www.4-traders.com - November 30 at 11:33 PM
thestreet.com logoFutures Higher as Trump and Santa Collide; Asia Stronger on Oil (NYSE:LZB)
www.thestreet.com - November 30 at 11:33 PM
us.rd.yahoo.com logoLa-Z-Boy to Host Fiscal 2017 Second Quarter Earnings Results Conference Call and Webcast Live on Thursday, December 1, 2016 (NYSE:LZB)
us.rd.yahoo.com - November 30 at 6:33 PM
us.rd.yahoo.com logoLa-Z-Boy Reports Fiscal 2017 Second-Quarter Results (NYSE:LZB)
us.rd.yahoo.com - November 30 at 6:33 PM
us.rd.yahoo.com logo4:20 pm La-Z-Boy beats by $0.04, reports revs in-line; also increases quarterly dividend by 10% to $0.11 per share (NYSE:LZB)
us.rd.yahoo.com - November 30 at 6:33 PM
sg.finance.yahoo.com logoLa-Z-Boy tops Street 2Q forecasts (NYSE:LZB)
sg.finance.yahoo.com - November 30 at 6:33 PM
marketwatch.com logoLa-Z-Boy turns in better-than-expected earnings, hikes dividend (NYSE:LZB)
www.marketwatch.com - November 30 at 6:33 PM

Social

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 Wednesday, November 30th. Stockholders of record on Friday, December 9th will be paid a dividend of $0.11 per share on Thursday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Wednesday, December 7th. This is a boost from La-Z-Boy Incorporated's previous quarterly dividend of $0.10.

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

4 brokers 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 anticipate La-Z-Boy Incorporated's stock price to reach $30.00 in the next year.

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.

Who owns La-Z-Boy Incorporated stock?

La-Z-Boy Incorporated's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 purchased by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, State Street Corp, Dimensional Fund Advisors LP, Zebra Capital Management LLC, Russell Investments Group Ltd., Bayesian Capital Management LP, A.R.T. Advisors LLC and Dynamic Technology Lab Private Ltd.

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 $29.10.

La-Z-Boy Incorporated (NYSE:LZB) Chart for Sunday, February, 19, 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 2/19/2017 by MarketBeat.com Staff