Leon's Furniture Limited (TSE:LNF - Free Report) - Stifel Canada issued their Q3 2024 EPS estimates for Leon's Furniture in a research report issued on Tuesday, October 22nd. Stifel Canada analyst M. Landry anticipates that the company will earn $0.55 per share for the quarter. Stifel Canada 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 $0.75 EPS, FY2024 earnings at $1.97 EPS and FY2025 earnings at $2.08 EPS.
Leon's Furniture (TSE:LNF - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$0.44 earnings per share for the quarter. The company had revenue of C$617.66 million during the quarter. Leon's Furniture had a net margin of 5.84% and a return on equity of 14.68%.
A number of other equities analysts have also weighed in on LNF. Stifel Nicolaus set a C$30.00 target price on shares of Leon's Furniture and gave the stock a "hold" rating in a research report on Wednesday. Acumen Capital set a C$34.00 target price on shares of Leon's Furniture and gave the stock a "buy" rating in a research report on Wednesday, August 21st.
View Our Latest Report on LNF
Leon's Furniture Stock Performance
TSE:LNF traded up C$0.14 on Friday, reaching C$27.96. 13,443 shares of the company's stock were exchanged, compared to its average volume of 18,535. 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 firm has a market cap of C$1.91 billion, a price-to-earnings ratio of 13.07 and a beta of 0.82. Leon's Furniture has a 52 week low of C$16.46 and a 52 week high of C$30.64. The stock has a fifty day simple moving average of C$29.22 and a 200-day simple moving average of C$25.18.
Insider Transactions at Leon's Furniture
In other 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 value of C$114,000.00. Insiders own 69.49% of the company's stock.
Leon's Furniture Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Monday, September 9th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.86%. This is an increase from Leon's Furniture's previous quarterly dividend of $0.18. The ex-dividend date was Monday, September 9th. Leon's Furniture's dividend payout ratio is presently 37.38%.
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.
Recommended Stories
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
