Leon's Furniture (TSE:LNF - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of C$0.55 per share for the quarter.
Leon's Furniture (TSE:LNF - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.44 EPS for the quarter. The company had revenue of C$617.66 million for the quarter. Leon's Furniture had a return on equity of 14.68% and a net margin of 5.84%.
Leon's Furniture Trading Down 0.1 %
LNF stock traded down C$0.02 during mid-day trading on Thursday, reaching C$26.83. The company's stock had a trading volume of 15,693 shares, compared to its average volume of 18,577. The company has a market cap of C$1.83 billion, a price-to-earnings ratio of 12.49 and a beta of 0.82. The business's 50 day moving average price is C$29.20 and its 200 day moving average price is C$25.36. The company has a current ratio of 1.42, a quick ratio of 0.53 and a debt-to-equity ratio of 41.88. Leon's Furniture has a 12 month low of C$16.46 and a 12 month high of C$30.64.
Leon's Furniture Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, October 7th. Shareholders of record on Monday, September 9th were issued a $0.20 dividend. This is an increase from Leon's Furniture's previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend was Monday, September 9th. Leon's Furniture's payout ratio is presently 37.38%.
Insider Activity
In other news, Senior Officer John Andrew Cooney sold 3,800 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$30.00, for a total transaction of C$114,000.00. Corporate insiders own 69.49% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. Stifel Canada upgraded Leon's Furniture to a "hold" rating in a report on Tuesday, October 22nd. Acumen Capital set a C$34.00 target price on 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 target price on Leon's Furniture and gave the stock a "hold" rating in a report on Wednesday, October 23rd.
View Our Latest Research Report on LNF
Leon's Furniture Company Profile
(
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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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