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

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$28.51 +0.67 (+2.41 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$27.84
Today's Range$27.43 - $28.83
52-Week Range$25.90 - $39.15
Volume375,900 shs
Average Volume381,070 shs
Market Capitalization$1.28 billion
P/E Ratio15.76
Dividend Yield1.75%
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 Ratio2.76
Quick Ratio1.73

Price-To-Earnings

Trailing P/E Ratio15.76
Forward P/E Ratio14.11
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.58 billion
Price / Sales0.84
Cash Flow$2.6398 per share
Price / Cash10.80
Book Value$13.28 per share
Price / Book2.15

Profitability

EPS (Most Recent Fiscal Year)$1.81
Net Income$80.86 million
Net Margins5.43%
Return on Equity15.33%
Return on Assets10.54%

Miscellaneous

Employees9,000
Outstanding Shares46,690,000
Market Cap$1.28 billion
OptionableN/A

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 declared a quarterly dividend on Tuesday, August 28th. Stockholders of record on Friday, September 7th will be given a dividend of $0.12 per share on Friday, September 14th. This represents a $0.48 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, September 6th. 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 buyback 6,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

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

La-Z-Boy Incorporated (NYSE:LZB) issued its quarterly earnings results on Tuesday, August, 21st. The company reported $0.39 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.14. The company earned $384.70 million during the quarter, compared to the consensus estimate of $368.17 million. La-Z-Boy had a net margin of 5.43% and a return on equity of 15.33%. The company's revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the business earned $0.24 earnings per share. 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 Wednesday, December 5th 2018. View Earnings Estimates for La-Z-Boy.

What price target have analysts set for LZB?

2 Wall Street analysts have issued 1 year target prices for La-Z-Boy's stock. Their predictions range from $35.00 to $36.00. On average, they anticipate La-Z-Boy's stock price to reach $35.50 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price. View Analyst Price Targets for La-Z-Boy.

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

2 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 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for La-Z-Boy.

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 variety of of retail and institutional investors. Top institutional investors include NJ State Employees Deferred Compensation Plan (0.03%). 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 buying La-Z-Boy stock?

LZB stock was acquired by a variety of institutional investors in the last quarter, including NJ State Employees Deferred Compensation Plan. 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 $28.51.

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

La-Z-Boy has a market capitalization of $1.28 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:  2.4 out of 5 (star star)
Outperform Votes:  235 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  497
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 10/23/2018 by MarketBeat.com Staff

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