Leon's Furniture Limited (TSE:LNF - Get Free Report) 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 transaction of C$114,000.00.
Leon's Furniture Stock Up 1.1 %
Shares of TSE:LNF traded up C$0.31 during midday trading on Friday, reaching C$29.54. The company's stock had a trading volume of 25,537 shares, compared to its average volume of 16,443. 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 firm has a market capitalization of C$2.01 billion, a P/E ratio of 13.80 and a beta of 0.82. The firm has a 50 day moving average of C$25.32 and a 200-day moving average of C$23.18. Leon's Furniture Limited has a 12-month low of C$16.46 and a 12-month high of C$30.64.
Leon's Furniture (TSE:LNF - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$0.44 EPS for the quarter. Leon's Furniture had a return on equity of 14.68% and a net margin of 5.84%. The company had revenue of C$617.66 million during the quarter. On average, research analysts anticipate that Leon's Furniture Limited will post 2.0291921 earnings per share for the current year.
Leon's Furniture Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 7th. Investors of record on Monday, September 9th will be issued a $0.20 dividend. This is an increase from Leon's Furniture's previous quarterly dividend of $0.18. The ex-dividend date is Monday, September 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.71%. Leon's Furniture's dividend payout ratio (DPR) is presently 37.38%.
Wall Street Analysts Forecast Growth
LNF has been the topic of a number of research reports. Acumen Capital set a C$34.00 price objective on Leon's Furniture and gave the stock a "buy" rating in a research report on Wednesday, August 21st. BMO Capital Markets boosted their target price on Leon's Furniture from C$23.00 to C$24.00 in a research note on Thursday, May 9th.
Read Our Latest Research Report on LNF
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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