La-Z-Boy Stock Forecast, Price & News

-0.07 (-0.21 %)
(As of 07/28/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume249,200 shs
Average Volume421,414 shs
Market Capitalization$1.51 billion
P/E Ratio14.65
Dividend Yield1.79%
30 days | 90 days | 365 days | Advanced Chart
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La-Z-Boy logo

About La-Z-Boy

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 and Retail 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, and entertainment centers. 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. This segment operates a network of 159 company-owned La-Z-Boy Furniture Galleries stores. 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

Sales & Book Value






Overall MarketRank

2.65 out of 5 stars

Consumer Discretionary Sector

19th out of 615 stocks

Household Furniture Industry

1st out of 14 stocks

Analyst Opinion: 3.5Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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La-Z-Boy (NYSE:LZB) Frequently Asked Questions

Is La-Z-Boy a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for La-Z-Boy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" La-Z-Boy stock.
View analyst ratings for La-Z-Boy
or view top-rated stocks.

What stocks does MarketBeat like better than La-Z-Boy?

Wall Street analysts have given La-Z-Boy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but La-Z-Boy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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

La-Z-Boy is scheduled to release its next quarterly earnings announcement on Tuesday, August 17th 2021.
View our earnings forecast for La-Z-Boy

How can I listen to La-Z-Boy's earnings call?

La-Z-Boy will be holding an earnings conference call on Wednesday, August 18th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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

La-Z-Boy Incorporated (NYSE:LZB) released its earnings results on Monday, June, 14th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.13. The company earned $519.50 million during the quarter, compared to analyst estimates of $498.53 million. La-Z-Boy had a net margin of 6.14% and a trailing twelve-month return on equity of 16.01%. The firm's revenue for the quarter was up 41.4% on a year-over-year basis. During the same period last year, the business posted $0.49 earnings per share.
View La-Z-Boy's earnings history

How has La-Z-Boy's stock been impacted by COVID-19 (Coronavirus)?

La-Z-Boy's stock was trading at $24.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LZB shares have increased by 39.1% and is now trading at $33.40.
View which stocks have been most impacted by COVID-19

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, May 4th. Shareholders of record on Tuesday, June 1st will be given a dividend of $0.15 per share on Tuesday, June 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Friday, May 28th.
View La-Z-Boy's dividend history

Is La-Z-Boy a good dividend stock?

La-Z-Boy pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.79%. La-Z-Boy does not yet have a strong track record of dividend growth. The dividend payout ratio of La-Z-Boy is 22.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, La-Z-Boy will have a dividend payout ratio of 18.58% next year. This indicates that La-Z-Boy will be able to sustain or increase its dividend.
View La-Z-Boy's dividend history.

What price target have analysts set for LZB?

2 brokerages have issued 12 month target prices for La-Z-Boy's shares. Their forecasts range from $45.00 to $46.00. On average, they anticipate La-Z-Boy's share price to reach $45.50 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price.
View analysts' price targets for La-Z-Boy
or view top-rated stocks among Wall Street analysts.

Who are La-Z-Boy's key executives?

La-Z-Boy's management team includes the following people:
  • Ms. Melinda D. Whittington, Pres, CEO & Director (Age 53, Pay $1.05M)
  • Mr. Darrell Dewain Edwards, Sr. VP & COO (Age 57, Pay $1.01M)
  • Mr. Otis S. Sawyer, Sr. VP & Pres of La-Z-Boy Portfolio Brands (Age 63, Pay $818.76k)
  • Mr. Robert Gerard Lucian, Chief Financial Officer
  • Ms. Jennifer Lynn McCurry, VP, Corp. Controller & Chief Accounting Officer (Age 48)
  • Mr. David B. Behen, Chief Information Officer & VP
  • Ms. Kathy Liebmann, Director of Investor Relations & Corp. Communications
  • Ms. Raphael Z. Richmond, VP, Chief Compliance Officer, Chief legal Officer & Gen. Counsel (Age 51)
  • Ms. Katie Vanderjagt, VP & Chief HR Officer
  • Mr. Bob Ireland, Head of Strategic Initiatives

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

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

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 Exxon Mobil (XOM), Chevron (CVX), NVIDIA (NVDA), Enterprise Products Partners (EPD), The Home Depot (HD), International Business Machines (IBM), Intel (INTC), The 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 investors include State of Alaska Department of Revenue (0.07%) and Bruderman Asset Management LLC (0.01%). Company insiders that own La-Z-Boy stock include Darrell Dewain Edwards, James P Hackett, Kurt L Darrow, Lindsay A Barnes and Otis S Sawyer.
View institutional ownership trends for La-Z-Boy

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

LZB stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Bruderman Asset Management LLC.
View insider buying and selling activity for La-Z-Boy
or or view top insider-buying stocks.

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 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 $33.40.

How much money does La-Z-Boy make?

La-Z-Boy has a market capitalization of $1.51 billion and generates $1.73 billion in revenue each year. The company earns $106.46 million in net income (profit) each year or $2.62 on an earnings per share basis.

How many employees does La-Z-Boy have?

La-Z-Boy employs 11,500 workers across the globe.

What is La-Z-Boy's official website?

The official website for La-Z-Boy is www.la-z-boy.com.

Where are La-Z-Boy's headquarters?

La-Z-Boy is headquartered at ONE LA-Z-BOY DRIVE, MONROE MI, 48162.

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]

This page was last updated on 7/28/2021 by MarketBeat.com Staff
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