Leon's Furniture Limited (TSE:LNF - Free Report) - Equities researchers at Stifel Canada dropped their FY2024 earnings estimates for Leon's Furniture in a note issued to investors on Thursday, November 7th. Stifel Canada analyst M. Landry now anticipates that the company will earn $1.95 per share for the year, down from their previous estimate of $1.97. Stifel Canada currently has a "Hold" rating on the stock. The consensus estimate for Leon's Furniture's current full-year earnings is $2.21 per share. Stifel Canada also issued estimates for Leon's Furniture's Q4 2024 earnings at $0.73 EPS, FY2025 earnings at $2.06 EPS and FY2026 earnings at $2.19 EPS.
Several other brokerages also recently weighed in on LNF. Acumen Capital set a C$34.00 target price on shares of Leon's Furniture and gave the company a "buy" rating in a research note on Wednesday, August 21st. Stifel Nicolaus set a C$30.00 price target on shares of Leon's Furniture and gave the stock a "hold" rating in a research note on Wednesday, October 23rd.
Get Our Latest Stock Report on Leon's Furniture
Leon's Furniture Trading Down 0.1 %
Shares of LNF traded down C$0.02 during midday trading on Monday, hitting C$26.95. The stock had a trading volume of 9,085 shares, compared to its average volume of 18,917. Leon's Furniture has a 1 year low of C$17.33 and a 1 year high of C$30.64. The firm has a market cap of C$1.84 billion, a PE ratio of 12.60 and a beta of 0.82. The company has a debt-to-equity ratio of 41.88, a current ratio of 1.42 and a quick ratio of 0.53. The stock's 50 day moving average is C$28.84 and its 200 day moving average is C$25.65.
Leon's Furniture (TSE:LNF - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported C$0.44 earnings per share for the quarter. Leon's Furniture had a net margin of 5.84% and a return on equity of 14.68%. The business had revenue of C$617.66 million for the quarter.
Leon's Furniture Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 9th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend is Monday, December 9th. Leon's Furniture's dividend payout ratio is presently 37.38%.
Insiders Place Their Bets
In other Leon's Furniture news, Senior Officer John Andrew Cooney sold 3,800 shares of the stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$30.00, for a total transaction of C$114,000.00. 69.49% of the stock is owned by company insiders.
About Leon's Furniture
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Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon's and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.
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