Leon's Furniture (LNF) Stock Price, News & Analysis

Company Overview

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. It also operates as a commercial retailer of appliances to builders, developers, renovators, property management companies, hotels, extended care industries, landlords, government bodies, and insurance companies; and engages in the franchise operations. The company sells its products through a network of retail stores under the Leon's, The Brick, The Brick Outlet, and The Brick Mattress Store banners; and the Brick's Midnorthern Appliance and Appliance Canada banners, as well as through its websites, including leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservices.com, and applicancecanada.com. The company was formerly known as Ablan Leon Distributors Limited and changed its name to Leon's Furniture Limited in June 1969. Leon's Furniture Limited was founded in 1909 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$25.85 to C$26.53
• 50-Day Range: C$26.20 to C$29.74
• 52-Week Range: C$18.12 to C$30.64
• Volume: 12,282 shs
• Average Volume: 19,025 shs
• Market Capitalization: C$1.78 billion
• P/E Ratio: 12.17
• Dividend Yield: 3.07%
• Price Target: C$29.25
• Consensus Rating: Hold

Leon's Furniture Stock Analysis - MarketRank™

Leon's Furniture scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Leon's Furniture has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Leon's Furniture has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Leon's Furniture is 12.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Leon's Furniture is 12.17, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 384.55.

Price to Book Value per Share Ratio

Leon's Furniture has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LNF.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Leon's Furniture pays a meaningful dividend of 2.74%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Leon's Furniture does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Leon's Furniture is 37.38%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LNF.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.14

News Sentiment

Leon's Furniture has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Leon's Furniture this week, compared to 2 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Leon's Furniture insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$183,044.00 in company stock.

Percentage Held by Insiders

69.49% of the stock of Leon's Furniture is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.65% of the stock of Leon's Furniture is held by institutions.

LNF Stock Analysis - Frequently Asked Questions

How have LNF shares performed this year?

Leon's Furniture's stock was trading at C$18.16 at the start of the year. Since then, LNF stock has increased by 43.4% and is now trading at C$26.05.
View the best growth stocks for 2024 here.

How do I buy shares of Leon's Furniture?

Shares of LNF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Leon's Furniture own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Leon's Furniture investors own include Enbridge (ENB), TELUS (T), Algonquin Power & Utilities (AQN), Bank of Nova Scotia (BNS), NVIDIA (NVDA), Toronto-Dominion Bank (TD) and Canadian Natural Resources (CNQ).

Company Calendar

• Ex-Dividend for 10/7 Dividend: 9/09/2024
• Dividend Payable: 10/07/2024
• Ex-Dividend for 1/6 Dividend: 12/09/2024
• Today: 12/17/2024
• Dividend Payable: 1/06/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Specialty Retail
• Sub-Industry: N/A
• Current Symbol: TSE:LNF
• CUSIP: N/A
• CIK: N/A
• Web: www.leons.ca
• Phone: +1-416-2437880
• Fax: N/A
• Employees: 8,468
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$29.25
• High Stock Price Target: C$34.00
• Low Stock Price Target: C$24.00
• Potential Upside/Downside: +12.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.14
• Trailing P/E Ratio: 12.17
• Forward P/E Ratio: 11.78
• P/E Growth: N/A
• Net Income: C$147.50 million
• Net Margins: 5.84%
• Pretax Margin: N/A
• Return on Equity: 14.68%
• Return on Assets: 5.53%

Debt

• Debt-to-Equity Ratio: 41.88
• Current Ratio: 1.42
• Quick Ratio: 0.53

Sales & Book Value

• Annual Sales: C$2.53 billion
• Price / Sales: 0.70
• Cash Flow: C$4.45 per share
• Price / Cash Flow: 5.85
• Book Value: C$15.53 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 68,170,000
• Free Float: N/A
• Market Cap: C$1.78 billion
• Optionable: Not Optionable
• Beta: 0.82