Leon's Furniture Limited (TSE:LNF - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$23.56 and traded as high as C$28.16. Leon's Furniture shares last traded at C$27.98, with a volume of 16,619 shares trading hands.
Analyst Ratings Changes
Separately, Acumen Capital set a C$34.00 price objective on Leon's Furniture and gave the stock a "buy" rating in a research note on Wednesday, August 21st.
View Our Latest Analysis on Leon's Furniture
Leon's Furniture Price Performance
The stock has a market cap of C$1.95 billion, a P/E ratio of 13.42 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 company's 50 day simple moving average is C$26.25 and its 200 day simple moving average is C$23.61.
Leon's Furniture (TSE:LNF - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported C$0.44 earnings per share for the quarter. Leon's Furniture had a return on equity of 14.68% and a net margin of 5.84%. The firm had revenue of C$617.66 million for the quarter. As a group, equities analysts forecast that Leon's Furniture Limited will post 2.208238 earnings per share for the current year.
Leon's Furniture Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, October 7th. Shareholders of record on Monday, September 9th will be paid a $0.20 dividend. This is an increase from Leon's Furniture's previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a yield of 2.80%. The ex-dividend date is Monday, September 9th. Leon's Furniture's payout ratio is 37.38%.
Insider Transactions at Leon's Furniture
In other Leon's Furniture news, Senior Officer John Andrew Cooney sold 3,800 shares of the company's 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. Company insiders own 69.49% of the company's stock.
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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