La-Z-Boy Incorporated (LZB)

NYSE: LZB · Delayed Price · USD
24.59
1.53 (6.63%)
At close: May 25, 2022 4:00 PM
24.71
0.12 (0.49%)
After-hours:May 25, 2022 7:28 PM EDT
Market Cap1.06B
Revenue (ttm)2.19B
Net Income (ttm)130.05M
Shares Out43.22M
EPS (ttm)2.88
PE Ratio8.53
Forward PEn/a
Dividend$0.65 (2.62%)
Ex-Dividend DateJun 1, 2022
Volume511,731
Open22.99
Previous Close23.06
Day's Range22.89 - 24.62
52-Week Range22.54 - 43.92
Beta1.00
AnalystsBuy
Price Target44.88 (+82.5%)
Earnings DateJun 21, 2022

About 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 and Retail 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, b...

IndustryHousehold Durables
Founded1927
CEOKurt Darrow
Employees11,500
Stock ExchangeNYSE
Ticker SymbolLZB
Full Company Profile

Financial Performance

In 2021, La-Z-Boy's revenue was $1.73 billion, an increase of 1.78% compared to the previous year's $1.70 billion. Earnings were $106.46 million, an increase of 37.42%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for LZB stock is "Buy." The 12-month stock price forecast is 44.88, which is an increase of 82.51% from the latest price.

Price Target
$44.88
(82.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

La-Z-Boy Declares Quarterly Dividend

MONROE, Mich., May 03, 2022 (GLOBE NEWSWIRE) -- Directors of La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, declared a quarterly cash dividend on the company's common stock...

3 weeks ago - GlobeNewsWire

Three Stocks To Buy Before They Report Q1 Earnings

We expect the Q1 earnings reporting season to be rocky. Inflation and supply chain headwinds are mounting in the wake of the Ukrainian invasion and threaten both the top and bottom lines of many busines...

Other symbols:BSETHVTLOVE
1 month ago - MarketBeat

La-Z-Boy Announces Planned Retirement of Darrell Edwards, COO; Names Mike Leggett SVP and Chief Supply Chain Officer

MONROE, Mich., March 02, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced the planned retirement of Darrell Edwards, SVP and Chief Op...

2 months ago - GlobeNewsWire

La-Z-Boy to Present at Raymond James 43rd Annual Institutional Investors Conference

MONROE, Mich., Feb. 28, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Melinda D. Whittington, President and Chief Executive O...

2 months ago - GlobeNewsWire

La-Z-Boy (LZB) Lags Q3 Earnings Estimates

La-Z-Boy (LZB) delivered earnings and revenue surprises of -29.35% and 1.40%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

La-Z-Boy stock drops after furniture maker reveals multiple supply-chain snags

Shares of La-Z-Boy Inc. LZB, +2.71% dropped more than 8% in the extended session Tuesday after the furniture maker reported mixed fiscal third-quarter results and detailed multiple COVID-19 snags that h...

3 months ago - Market Watch

La-Z-Boy Reports 22% Sales Increase for the Fiscal 2022 Third Quarter

Demand Trends Remain Strong Demand Trends Remain Strong

3 months ago - GlobeNewsWire

La-Z-Boy (LZB) Earnings Expected to Grow: Should You Buy?

La-Z-Boy (LZB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

La-Z-Boy Announces Fiscal 2022 Third-Quarter Conference Call

MONROE, Mich., Feb. 03, 2022 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2022 third-quarter results after the close of trading on the New York Stock Exchange on Tuesday,...

3 months ago - GlobeNewsWire

3 Furniture Stocks for Higher Returns Amid Supply-Chain Woes

Although rising inflation and supply-chain disruptions pose risks, positive momentum in the housing market along with a focus on digitization and product innovation raise hopes for WSC, LZB, and AMWD.

Other symbols:AMWDWSC
3 months ago - Zacks Investment Research

La-Z-Boy (LZB) Moves 5.7% Higher: Will This Strength Last?

La-Z-Boy (LZB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

3 months ago - Zacks Investment Research

La-Z-Boy: An Undervalued Predictable Opportunity

To claim a place on the Undervalued Predictable list, one of GuruFocus' most stringent screeners, a company must meet two criteria: have a business predictability rating of at least four out of five sta...

3 months ago - GuruFocus

Best Value Stocks to Buy for January 7th

AN, USAK, and LZB made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 7, 2022

Other symbols:ANUSAK
4 months ago - Zacks Investment Research

What Makes La-Z-Boy (LZB) a New Strong Buy Stock

La-Z-Boy (LZB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 months ago - Zacks Investment Research

Best Income Stocks to Buy for January 3rd

EMR, LZB, and GIC made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 3, 2022

Other symbols:EMRGIC
4 months ago - Zacks Investment Research

Best Value Stocks to Buy for January 3rd

LPX, AMCX, and LZB made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 3, 2022

Other symbols:AMCXLPX
4 months ago - Zacks Investment Research

New Strong Buy Stocks for January 3rd

EMR, MSGS, SYNA, LZB, and AZO have been added to the Zacks Rank #1 (Strong Buy) List on January 3, 2022.

Other symbols:AZOEMRMSGSSYNA
4 months ago - Zacks Investment Research

Should Value Investors Buy LaZBoy (LZB) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

4 months ago - Zacks Investment Research

3 Stocks for the Millennial Shift

A generational shift is like a pig being swallowed by a python.

Other symbols:DHISNBR
5 months ago - GuruFocus

Why La-Z-Boy (LZB) is Such a Great Value Stock Pick Right Now

La-Z-Boy (LZB) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

5 months ago - Zacks Investment Research

5 Stocks With Rising P/E Are Good Buys

Bet on top-ranked stocks STKL, LZB, ONCY, TPR and TRVI that have rising P/E to realize outsized gains.

Other symbols:ONCYSTKLTPRTRVI
5 months ago - Zacks Investment Research

Should Value Investors Consider La-Z-Boy (LZB) Stock Now?

Let's see if La-Z-Boy Incorporated (LZB) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

5 months ago - Zacks Investment Research

4 Hot High Earnings Yield Picks to Pep Up Your Portfolio

Consider investing in high earnings yield stocks like LAKK, PRTY, LZB and TPX to reap handsome rewards.

Other symbols:JAKKPRTYTPX
6 months ago - Zacks Investment Research

La-Z-Boy (LZB) Beats Q2 Earnings and Revenue Estimates

La-Z-Boy (LZB) delivered earnings and revenue surprises of 10.39% and 5.31%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

La-Z-Boy stock rallies more than 6% after 'record' sales, increased capacity

Shares of La-Z-Boy Inc. LZB, +0.94% jumped more than 6% in the extended session Tuesday after the furniture maker said its fiscal second-quarter sales hit a record, with the company able to increase its...

6 months ago - Market Watch