Leon's Furniture Limited (TSE:LNF - Get Free Report) Senior Officer John Andrew Cooney sold 7,000 shares of Leon's Furniture stock in a transaction dated Friday, December 13th. The stock was sold at an average price of C$26.15, for a total value of C$183,043.70.
Leon's Furniture Trading Up 0.4 %
Shares of Leon's Furniture stock traded up C$0.10 during trading hours on Monday, hitting C$26.34. The company's stock had a trading volume of 10,775 shares, compared to its average volume of 19,052. Leon's Furniture Limited has a twelve month low of C$18.12 and a twelve month high of C$30.64. The firm has a fifty day moving average of C$27.48 and a 200-day moving average of C$26.44. The stock has a market cap of C$1.80 billion, a price-to-earnings ratio of 12.31 and a beta of 0.82. The company has a debt-to-equity ratio of 41.88, a quick ratio of 0.53 and a current ratio of 1.42.
Leon's Furniture Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 9th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend is Monday, December 9th. Leon's Furniture's payout ratio is 37.38%.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on LNF. Acumen Capital set a C$34.00 price target on Leon's Furniture and gave the company a "buy" rating in a report on Wednesday, August 21st. Stifel Canada raised Leon's Furniture to a "hold" rating in a report on Tuesday, October 22nd. Finally, Stifel Nicolaus set a C$30.00 price objective on Leon's Furniture and gave the company a "hold" rating in a research report on Wednesday, October 23rd.
Check Out Our Latest Analysis on LNF
About Leon's Furniture
(
Get Free Report)
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.
Featured Articles
Before you consider Leon's Furniture, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Leon's Furniture wasn't on the list.
While Leon's Furniture currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
