Leon's Furniture Limited (TSE:LNF - Get Free Report) shares traded down 0.2% on Wednesday . The stock traded as low as C$26.47 and last traded at C$26.50. 13,068 shares changed hands during trading, a decline of 32% from the average session volume of 19,154 shares. The stock had previously closed at C$26.55.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on LNF. Stifel Canada upgraded Leon's Furniture to a "hold" rating in a report on Tuesday, October 22nd. Acumen Capital set a C$34.00 price target on shares of Leon's Furniture and gave the stock a "buy" rating in a report on Wednesday, August 21st. Finally, Stifel Nicolaus set a C$30.00 price objective on shares of Leon's Furniture and gave the company a "hold" rating in a research note on Wednesday, October 23rd.
Check Out Our Latest Stock Report on LNF
Leon's Furniture Price Performance
The company has a quick ratio of 0.53, a current ratio of 1.42 and a debt-to-equity ratio of 41.88. The stock's 50-day moving average price is C$27.59 and its 200-day moving average price is C$26.38. The company has a market capitalization of C$1.80 billion, a price-to-earnings ratio of 12.36 and a beta of 0.82.
Leon's Furniture Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 9th will be issued a $0.20 dividend. The ex-dividend date is Monday, December 9th. This represents a $0.80 annualized dividend and a yield of 3.02%. Leon's Furniture's dividend payout ratio is currently 37.38%.
Leon's Furniture Company Profile
(
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.
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