La-Z-Boy (LZB) to Release Earnings on Tuesday

La-Z-Boy (NYSE:LZB) is projected to post its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect La-Z-Boy to post earnings of $0.67 per share and revenue of $516.47 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

La-Z-Boy Price Performance

Shares of La-Z-Boy stock opened at $45.40 on Friday. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 15.71 and a beta of 1.35. The firm’s 50-day moving average is $44.67 and its 200 day moving average is $42.71. La-Z-Boy has a 1 year low of $32.00 and a 1 year high of $48.31.

La-Z-Boy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Thursday, December 5th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.88 annualized dividend and a yield of 1.94%. This is a boost from La-Z-Boy’s previous quarterly dividend of $0.20. La-Z-Boy’s dividend payout ratio is currently 30.45%.

La-Z-Boy Company Profile

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.