La-Z-Boy (LZB) Expected to Announce Earnings on Tuesday

La-Z-Boy (NYSE:LZB) will likely be releasing its earnings data 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. Investors that are interested in participating in the company’s conference call can do so using this link.

La-Z-Boy Stock Performance

Shares of NYSE LZB opened at $44.72 on Tuesday. The business’s 50 day moving average price is $44.66 and its 200-day moving average price is $42.65. La-Z-Boy has a fifty-two week low of $32.00 and a fifty-two week high of $48.31. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 15.47 and a beta of 1.35.

La-Z-Boy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Thursday, December 5th were paid a $0.22 dividend. This is a positive change from La-Z-Boy’s previous quarterly dividend of $0.20. The ex-dividend date was Thursday, December 5th. This represents a $0.88 dividend on an annualized basis and a yield of 1.97%. La-Z-Boy’s dividend payout ratio (DPR) is presently 30.45%.

About La-Z-Boy

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.