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.
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Industry, Sector and Symbol
Industry Household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
Phone734-242-1444
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.75 billion
Profitability
Miscellaneous
Employees9,700
Next Earnings Date6/16/2020 (Estimated)
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 20th. Stockholders 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 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Friday, November 29th. This is a boost 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) announced its quarterly earnings results on Tuesday, February, 18th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.09. The firm had revenue of $475.86 million for the quarter, compared to analyst estimates of $481.05 million. La-Z-Boy had a net margin of 4.28% and a return on equity of 15.32%. La-Z-Boy's revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. View La-Z-Boy's Earnings History.
When is La-Z-Boy's next earnings date?
What price target have analysts set for LZB?
3 brokers have issued 12 month price targets for La-Z-Boy's stock. Their forecasts range from $35.00 to $40.00. On average, they expect La-Z-Boy's stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for La-Z-Boy.
What is the consensus analysts' recommendation for La-Z-Boy?
3 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 2 buy ratings 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?
News coverage about LZB stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. La-Z-Boy earned a daily sentiment score of -2.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for La-Z-Boy.
Are investors shorting La-Z-Boy?
La-Z-Boy saw a drop in short interest in January. As of January 31st, there was short interest totalling 2,010,000 shares, a drop of 8.6% from the January 15th total of 2,200,000 shares. Based on an average daily trading volume, of 332,400 shares, the days-to-cover ratio is presently 6.0 days. Approximately 4.5% of the shares of the stock are sold short. 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?
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 retail and institutional investors. Top institutional shareholders include State Street Corp (3.01%), Bank of New York Mellon Corp (1.52%), Geode Capital Management LLC (1.48%), Charles Schwab Investment Management Inc. (1.22%), Royce & Associates LP (1.14%) and Venture Visionary Partners LLC (1.13%). 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 Renaissance Technologies LLC, Bank of America Corp DE, Bank of New York Mellon Corp, Goldman Sachs Group Inc., First Merchants Corp, Arizona State Retirement System, Royce & Associates LP and Pinebridge Investments L.P.. 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 acquired by a variety of institutional investors in the last quarter, including Venture Visionary Partners LLC, Man Group plc, Hotchkis & Wiley Capital Management LLC, Acadian Asset Management LLC, Panagora Asset Management Inc., UBS Group AG, Great West Life Assurance Co. Can and Maverick Capital 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 $33.39.
How big of a company is La-Z-Boy?
La-Z-Boy has a market capitalization of $1.54 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?
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)
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.
