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66,000% upside on tiny biotech? (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
66,000% upside on tiny biotech? (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
66,000% upside on tiny biotech? (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
NYSE:LZB

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

$31.02
-0.40 (-1.27%)
(As of 09/22/2023 ET)
Compare
Today's Range
$30.95
▼
$31.64
50-Day Range
$29.18
▼
$33.41
52-Week Range
$21.92
▼
$33.92
Volume
286,888 shs
Average Volume
535,063 shs
Market Capitalization
$1.34 billion
P/E Ratio
9.60
Dividend Yield
2.35%
Price Target
N/A
ProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

La-Z-Boy MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
5.66% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.29
Upright™ Environmental Score
News Sentiment
0.64mentions of La-Z-Boy in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.64%
From $2.86 to $3.05 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Consumer Discretionary Sector

177th out of 273 stocks

Household Furniture Industry

8th out of 9 stocks

See Top Rated MarketRank™ Stocks Here

LZB stock logo

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

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 Price History

LZB Stock News Headlines

September 24, 2023 | thestreet.com
La-Z-Boy Close to Reaching Its '4-4-5' Target in Just Two Years
September 22, 2023 | finance.yahoo.com
Beyond Market Price: Uncovering La-Z-Boy Inc's Intrinsic Value
September 24, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
September 19, 2023 | americanbankingnews.com
La-Z-Boy (NYSE:LZB) Rating Lowered to Hold at StockNews.com
September 18, 2023 | msn.com
Volleyball, soccer stars seek votes for girls athlete of the Week in the Nashville area
September 7, 2023 | msn.com
La-Z-Boy: Underlying Strength Despite Messy Q1 Earnings
September 3, 2023 | seekingalpha.com
La-Z-Boy goes ex dividend Tuesday
August 31, 2023 | benzinga.com
La-Z-Boy's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
September 24, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
August 28, 2023 | msn.com
Wilmington woman will prop feet up in La-Z-Boy after $200,000 win
August 28, 2023 | news.yahoo.com
Lottery winner has simple plans after NC jackpot — lounging in a new La-Z-Boy chair
August 24, 2023 | finance.yahoo.com
La-Z-Boy Incorporated (NYSE:LZB) Q1 2024 Earnings Call Transcript
August 23, 2023 | finance.yahoo.com
Q1 2024 La-Z-Boy Inc Earnings Call
August 23, 2023 | msn.com
The consumer has gone back to normal seasonality, says La-Z-Boy CEO
August 23, 2023 | finance.yahoo.com
U.S. stocks are rising as investors await Nvidia's earnings report
August 23, 2023 | finance.yahoo.com
Midday movers: Kohl's, Foot Locker, Peloton and more
August 23, 2023 | finanznachrichten.de
La-Z-Boy Incorporated: La-Z-Boy Reports First Quarter Fiscal 2024 Results
August 22, 2023 | markets.businessinsider.com
La-Z-Boy Reports First Quarter Fiscal 2024 Results
August 22, 2023 | proactiveinvestors.com
La-Z-Boy stock sags despite fiscal 1Q earnings surprise
August 22, 2023 | tmcnet.com
La-Z-Boy Selects InMoment to Integrate Its Omnichannel Customer Experience Insights to Drive Customer Loyalty and Satisfaction
August 21, 2023 | markets.businessinsider.com
Here's what Wall Street expects from La-Z-Boy's earnings report
August 21, 2023 | benzinga.com
Earnings Outlook For La-Z-Boy
August 18, 2023 | cbsnews.com
Jumpstart with Jackie: La-Z-Boy A.I. recliner, 7th Jordan/Pippen ring
August 17, 2023 | news.yahoo.com
Sawyer Seitz named 2023 Miss Monroe County Outstanding Teen
August 14, 2023 | finance.yahoo.com
One legacy furniture company is embracing laziness in a clever new way
August 11, 2023 | msn.com
La-Z-Boy Gets A Handle On Your Social Life With Its AI-Powered Excuse Generator, 'The Decliner'
August 11, 2023 | msn.com
Feeling lazy? La-Z-Boy's giving away 'The Decliner,' a chair with AI to cancel your plans
See More Headlines
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LZB Company Calendar

Last Earnings
8/23/2023
Ex-Dividend for 9/15 Dividend
9/05/2023
Dividend Payable
9/15/2023
Today
9/24/2023
Next Earnings (Estimated)
11/29/2023
Fiscal Year End
4/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Household furniture
Sub-Industry
Home Furnishings
Sector
Consumer Discretionary
Current Symbol
NYSE:LZB
CUSIP
50533610
CIK
57131
Web
www.la-z-boy.com
Phone
(734) 242-1444
Fax
734-457-2005
Employees
10,500
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
$3.23
Trailing P/E Ratio
9.60
Forward P/E Ratio
10.85
P/E Growth
N/A
Net Income
$150.66 million
Net Margins
6.27%
Pretax Margin
8.57%
Return on Equity
16.64%
Return on Assets
8.34%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.89
Quick Ratio
1.28

Sales & Book Value

Annual Sales
$2.35 billion
Price / Sales
0.57
Cash Flow
$4.80 per share
Price / Cash Flow
6.46
Book Value
$22.39 per share
Price / Book
1.39

Miscellaneous

Outstanding Shares
43,050,000
Free Float
42,320,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.12
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Key Executives

  • Ms. Melinda D. Whittington (Age 55)
    Pres, CEO & Director
    Comp: $2.45M
  • Mr. Robert Gerard Lucian (Age 60)
    Sr. VP & CFO
    Comp: $1.03M
  • Mr. Robert Sundy II (Age 47)
    Pres of La-Z-Boy Brand & Chief Commercial Officer
    Comp: $786.33k
  • Mr. Michael A. Leggett (Age 50)
    Sr. VP & Chief Supply Chain Officer
    Comp: $836.62k
  • Ms. Jennifer Lynn McCurry (Age 50)
    VP, Corp. Controller & Chief Accounting Officer
  • Ms. Carol Y. Lee (Age 51)
    VP & Chief Information Officer
  • Ms. Raphael Z. Richmond (Age 53)
    VP, Chief Compliance Officer, Chief legal Officer & Gen. Counsel
  • Ms. Katherine E. Vanderjagt (Age 42)
    VP & Chief HR Officer
  • Mr. Terrence J. Linz (Age 41)
    Pres of Portfolio Brands
  • Ms. Rebecca M. Reeder (Age 54)
    Pres of Retail Furniture Galleries

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













LZB Stock - Frequently Asked Questions

How have LZB shares performed in 2023?

La-Z-Boy's stock was trading at $22.82 on January 1st, 2023. Since then, LZB shares have increased by 35.9% and is now trading at $31.02.
View the best growth stocks for 2023 here.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 29th 2023.
View our LZB earnings forecast.

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

La-Z-Boy Incorporated (NYSE:LZB) issued its earnings results on Wednesday, August, 23rd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.55 by $0.07. The company earned $481.65 million during the quarter, compared to analyst estimates of $474.58 million. La-Z-Boy had a net margin of 6.27% and a trailing twelve-month return on equity of 16.64%. La-Z-Boy's revenue for the quarter was down 20.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 earnings per share.

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 Tuesday, August 22nd. Shareholders of record on Wednesday, September 6th will be paid a dividend of $0.1815 per share on Friday, September 15th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date is Tuesday, September 5th.
Read our dividend analysis for LZB.

What ETFs hold La-Z-Boy's stock?

ETFs with the largest weight of La-Z-Boy (NYSE:LZB) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Small Cap Value AlphaDEX Fund (FYT) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).First Trust Small Cap Core AlphaDEX Fund (FYX).

Is La-Z-Boy a good dividend stock?

La-Z-Boy (NYSE:LZB) pays an annual dividend of $0.73 per share and currently has a dividend yield of 2.34%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LZB will have a dividend payout ratio of 23.93% 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 updated its second quarter 2024 earnings guidance on Tuesday, August, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $490.00 million-$510.00 million, compared to the consensus revenue estimate of $507.08 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).

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

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

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

La-Z-Boy's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.33%), Dimensional Fund Advisors LP (7.21%), Silvercrest Asset Management Group LLC (4.59%), LSV Asset Management (4.36%), William Blair Investment Management LLC (3.08%) and Brown Advisory Inc. (2.29%). Insiders that own company stock include Darrell Dewain Edwards, James P Hackett, Janet Kerr, Kurt L Darrow, Lindsay A Barnes 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of LZB stock can currently be purchased for approximately $31.02.

How much money does La-Z-Boy make?

La-Z-Boy (NYSE:LZB) has a market capitalization of $1.34 billion and generates $2.35 billion in revenue each year. The company earns $150.66 million in net income (profit) each year or $3.23 on an earnings per share basis.

How many employees does La-Z-Boy have?

The company employs 10,500 workers across the globe.

How can I contact La-Z-Boy?

La-Z-Boy's mailing address is ONE LA-Z-BOY DRIVE, MONROE MI, 48162. The official website for the company is www.la-z-boy.com. The company can be reached via phone at (734) 242-1444, via email at investorrelations@la-z-boy.com, or via fax at 734-457-2005.

This page (NYSE:LZB) was last updated on 9/24/2023 by MarketBeat.com Staff

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