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NYSE:LZB

La-Z-Boy (LZB) Stock Price, News & Analysis

$36.77
-0.51 (-1.37%)
(As of 07/1/2024 ET)
Today's Range
$36.49
$37.61
50-Day Range
$32.71
$40.70
52-Week Range
$26.95
$41.08
Volume
527,199 shs
Average Volume
423,990 shs
Market Capitalization
$1.54 billion
P/E Ratio
12.99
Dividend Yield
2.18%
Price Target
N/A

La-Z-Boy MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
5.41% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.99
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
7.67%
From $3.13 to $3.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.58 out of 5 stars

Consumer Discretionary Sector

170th out of 266 stocks

Household Furniture Industry

7th out of 8 stocks

LZB stock logo

About La-Z-Boy Stock (NYSE:LZB)

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 Wholesale, Retail, Corporate and Other segments. The Wholesale segment manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. The company also produces reclining chairs; and manufactures and distributes residential furniture. Its Corporate and Other segment sells the products through its website. 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 headquartered in Monroe, Michigan.

LZB Stock Price History

LZB Stock News Headlines

Biden Nomination CANCELED?
And I believe when they do take the oath of office, their fingers will be crossed… and America will descend into chaos.
La-Z-Boy Q4 2024 Earnings Preview
Biden Nomination CANCELED?
And I believe when they do take the oath of office, their fingers will be crossed… and America will descend into chaos.
La-Z-Boy Incorporated Declares Quarterly Dividend
Book Drive for Kids
See More Headlines
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Company Calendar

Ex-Dividend for 6/14 Dividend
6/04/2024
Dividend Payable
6/14/2024
Last Earnings
6/18/2024
Today
7/01/2024
Next Earnings (Estimated)
8/27/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Home Furnishings
CUSIP
50533610
Employees
10,200
Year Founded
N/A

Profitability

Net Income
$122.63 million
Pretax Margin
8.10%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$5.84 per share
Book Value
$23.77 per share

Miscellaneous

Free Float
41,237,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
1.29
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Key Executives

  • Ms. Melinda D. Whittington (Age 56)
    President, CEO & Director
    Comp: $2.45M
  • Mr. Robert Gerard Lucian (Age 61)
    Senior VP & CFO
    Comp: $1.03M
  • Mr. Robert Sundy II (Age 48)
    President of La-Z-Boy Brand & Chief Commercial Officer
    Comp: $786.33k
  • Mr. Michael A. Leggett (Age 51)
    Senior VP & Chief Supply Chain Officer
    Comp: $836.62k
  • Ms. Jennifer Lynn McCurry (Age 51)
    VP, Corporate Controller & Chief Accounting Officer
  • Ms. Carol Y. Lee (Age 52)
    VP & Chief Information Officer
  • Mr. Mark Alan Becks
    Director of Investor Relations & Corporate Development
  • Ms. Raphael Z. Richmond (Age 54)
    VP, Chief Compliance Officer, Chief legal Officer & General Counsel
    Comp: $730.91k
  • Ms. Katherine E. Vanderjagt (Age 43)
    VP & Chief Human Resources Officer
  • Mr. Terrence J. Linz (Age 42)
    President of Portfolio Brands

LZB Stock Analysis - Frequently Asked Questions

How have LZB shares performed in 2024?

La-Z-Boy's stock was trading at $36.92 at the beginning of 2024. Since then, LZB stock has decreased by 0.4% and is now trading at $36.77.
View the best growth stocks for 2024 here
.

When is La-Z-Boy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 27th 2024.
View our LZB earnings forecast
.

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

La-Z-Boy Incorporated (NYSE:LZB) announced its quarterly earnings data on Tuesday, June, 18th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.25. The company earned $553.54 million during the quarter, compared to analyst estimates of $516.44 million. La-Z-Boy had a net margin of 5.99% and a trailing twelve-month return on equity of 13.10%. La-Z-Boy's quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.99 EPS.

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, May 1st. Stockholders of record on Tuesday, June 4th will be given a dividend of $0.20 per share on Friday, June 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend is Tuesday, June 4th.
Read our dividend analysis for LZB
.

Is La-Z-Boy a good dividend stock?

La-Z-Boy (NYSE:LZB) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.15%. The dividend payout ratio is 28.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LZB will have a dividend payout ratio of 23.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LZB.

What guidance has La-Z-Boy issued on next quarter's earnings?

La-Z-Boy updated its first quarter 2025 earnings guidance on Tuesday, June, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $475.0 million-$495.0 million, compared to the consensus revenue estimate of $475.7 million.

What is Kurt L. Darrow's approval rating as La-Z-Boy's CEO?

218 employees have rated La-Z-Boy Chief Executive Officer Kurt L. Darrow on Glassdoor.com. Kurt L. Darrow has an approval rating of 77% among the company's employees.

What other stocks do shareholders of La-Z-Boy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other La-Z-Boy investors own include Exxon Mobil (XOM), Chevron (CVX), NVIDIA (NVDA), Enterprise Products Partners (EPD), Home Depot (HD), International Business Machines (IBM), Intel (INTC), Kroger (KR), Lowe's Companies (LOW) and AT&T (T).

How do I buy shares of La-Z-Boy?

Shares of LZB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LZB) was last updated on 7/1/2024 by MarketBeat.com Staff

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