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NYSE:LZB

La-Z-Boy (LZB) Stock Price, News & Analysis

$40.45
-1.42 (-3.39%)
(As of 08/21/2024 ET)
Today's Range
$39.50
$41.45
50-Day Range
$33.72
$44.14
52-Week Range
$27.92
$45.23
Volume
1.25 million shs
Average Volume
435,113 shs
Market Capitalization
$1.70 billion
P/E Ratio
14.29
Dividend Yield
1.98%
Price Target
$43.00

La-Z-Boy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.3% Upside
$43.00 Price Target
Short Interest
Bearish
6.32% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.99
Upright™ Environmental Score
News Sentiment
0.30mentions of La-Z-Boy in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.67%
From $3.13 to $3.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.94 out of 5 stars

Consumer Discretionary Sector

146th out of 263 stocks

Household Furniture Industry

7th out of 9 stocks

LZB stock logo

About La-Z-Boy Stock (NYSE:LZB)

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Wholesale, Retail, Corporate and Other segments. The Wholesale segment manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. The company also produces reclining chairs; and manufactures and distributes residential furniture. Its Corporate and Other segment sells the products through its website. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is headquartered in Monroe, Michigan.

LZB Stock Price History

LZB Stock News Headlines

Q1 2025 La-Z-Boy Inc Earnings Call
La-Z-Boy Incorporated (LZB) Q1 2025 Earnings Call Transcript
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
La-Z-Boy’s (NYSE:LZB) Q2: Beats On Revenue
Secure this "AI Fuel" Stock Before the Billionaires Buy It All
According to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.
La-Z-Boy Q1 2025 Earnings Preview
See More Headlines
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Company Calendar

Ex-Dividend for 6/14 Dividend
6/04/2024
Dividend Payable
6/14/2024
Last Earnings
8/20/2024
Today
8/21/2024
Ex-Dividend for 9/16 Dividend
9/05/2024
Dividend Payable
9/16/2024
Next Earnings (Estimated)
12/04/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Home Furnishings
CUSIP
50533610
Employees
12,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.00
High Stock Price Target
$43.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+6.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$122.63 million
Pretax Margin
8.10%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$5.56 per share
Book Value
$23.77 per share

Miscellaneous

Free Float
41,237,000
Market Cap
$1.70 billion
Optionable
Optionable
Beta
1.29
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Key Executives

  • Ms. Melinda D. Whittington (Age 56)
    President, CEO & Director
    Comp: $2.45M
  • Mr. Robert Gerard Lucian (Age 61)
    Senior VP & CFO
    Comp: $1.03M
  • Mr. Robert Sundy II (Age 48)
    President of La-Z-Boy Brand & Chief Commercial Officer
    Comp: $786.33k
  • Mr. Michael A. Leggett (Age 51)
    Senior VP & Chief Supply Chain Officer
    Comp: $836.62k
  • Ms. Jennifer Lynn McCurry (Age 51)
    VP, Corporate Controller & Chief Accounting Officer
  • Ms. Carol Y. Lee (Age 52)
    VP & Chief Information Officer
  • Mr. Mark Alan Becks
    Director of Investor Relations & Corporate Development
  • Ms. Raphael Z. Richmond (Age 54)
    VP, Chief Compliance Officer, Chief legal Officer & General Counsel
    Comp: $730.91k
  • Ms. Katherine E. Vanderjagt (Age 43)
    VP & Chief Human Resources Officer
  • Mr. Terrence J. Linz (Age 42)
    President of Portfolio Brands

LZB Stock Analysis - Frequently Asked Questions

How have LZB shares performed this year?

La-Z-Boy's stock was trading at $36.92 at the start of the year. Since then, LZB stock has increased by 9.6% and is now trading at $40.45.
View the best growth stocks for 2024 here
.

How were La-Z-Boy's earnings last quarter?

La-Z-Boy Incorporated (NYSE:LZB) issued its quarterly earnings results on Tuesday, August, 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.02. The company's quarterly revenue was up 2.9% compared to the same quarter last year.

What is Kurt L. Darrow's approval rating as La-Z-Boy's CEO?

218 employees have rated La-Z-Boy Chief Executive Officer Kurt L. Darrow on Glassdoor.com. Kurt L. Darrow has an approval rating of 77% among the company's employees.

Who are La-Z-Boy's major shareholders?

Top institutional investors of La-Z-Boy include Dimensional Fund Advisors LP (7.47%), LSV Asset Management (4.20%), Pacer Advisors Inc. (3.32%) and William Blair Investment Management LLC (2.39%). Insiders that own company stock include Michael Adam Leggett, Janet Kerr, Kurt L Darrow and Otis S Sawyer.
View institutional ownership trends
.

How do I buy shares of La-Z-Boy?

Shares of LZB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of La-Z-Boy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that La-Z-Boy investors own include Exxon Mobil (XOM), Chevron (CVX), NVIDIA (NVDA), Enterprise Products Partners (EPD), Home Depot (HD), International Business Machines (IBM) and Intel (INTC).

This page (NYSE:LZB) was last updated on 8/22/2024 by MarketBeat.com Staff

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