La-Z-Boy Incorporated (NYSE:LZB – Free Report) – Equities researchers at Sidoti issued their FY2026 earnings estimates for La-Z-Boy in a research note issued to investors on Friday, June 5th. Sidoti analyst A. Lebiedzinski expects that the company will earn $2.59 per share for the year. The consensus estimate for La-Z-Boy’s current full-year earnings is $2.61 per share. Sidoti also issued estimates for La-Z-Boy’s Q4 2026 earnings at $0.80 EPS, Q1 2027 earnings at $0.48 EPS, Q2 2027 earnings at $0.72 EPS, Q3 2027 earnings at $0.63 EPS, Q4 2027 earnings at $1.08 EPS, FY2027 earnings at $2.91 EPS, Q1 2028 earnings at $0.51 EPS, Q2 2028 earnings at $0.85 EPS, Q3 2028 earnings at $0.73 EPS, Q4 2028 earnings at $1.18 EPS and FY2028 earnings at $3.27 EPS.
Several other research analysts have also recently weighed in on the stock. Wall Street Zen cut shares of La-Z-Boy from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of La-Z-Boy in a research report on Monday, May 18th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $39.00.
La-Z-Boy Trading Down 0.1%
LZB stock opened at $36.28 on Tuesday. The company’s 50 day moving average is $34.97 and its 200 day moving average is $36.39. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 17.96 and a beta of 1.26. La-Z-Boy has a 1-year low of $29.03 and a 1-year high of $41.71.
Institutional Trading of La-Z-Boy
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Access Investment Management LLC boosted its stake in La-Z-Boy by 103.2% in the first quarter. Access Investment Management LLC now owns 184,375 shares of the company’s stock worth $5,926,000 after buying an additional 93,630 shares in the last quarter. Bank of America Corp DE boosted its stake in La-Z-Boy by 2.7% in the first quarter. Bank of America Corp DE now owns 430,129 shares of the company’s stock worth $13,824,000 after buying an additional 11,422 shares in the last quarter. Amundi purchased a new stake in La-Z-Boy in the first quarter worth approximately $350,000. Empowered Funds LLC purchased a new stake in La-Z-Boy in the first quarter worth approximately $4,884,000. Finally, Quantinno Capital Management LP boosted its stake in La-Z-Boy by 47.7% in the first quarter. Quantinno Capital Management LP now owns 10,902 shares of the company’s stock worth $350,000 after buying an additional 3,519 shares in the last quarter. Hedge funds and other institutional investors own 99.62% of the company’s stock.
La-Z-Boy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Tuesday, June 2nd will be paid a $0.242 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $0.97 annualized dividend and a yield of 2.7%. La-Z-Boy’s dividend payout ratio is currently 48.02%.
More La-Z-Boy News
Here are the key news stories impacting La-Z-Boy this week:
- Positive Sentiment: Sidoti’s forecasts point to improving profitability over the next few years, including FY2027 EPS above consensus and further growth in FY2028, which can be viewed as supportive for La-Z-Boy’s valuation. La-Z-Boy (LZB) to Release Quarterly Earnings on Tuesday
- Neutral Sentiment: Sidoti also published detailed quarterly EPS estimates for FY2026 through FY2028, but these were largely a reiteration of forward guidance rather than a major new company-specific catalyst. La-Z-Boy (LZB) to Release Quarterly Earnings on Tuesday
- Negative Sentiment: The near-term FY2026 EPS estimate of $2.59 is slightly below the current consensus of $2.61, suggesting some modest pressure on this year’s earnings outlook. La-Z-Boy (LZB) to Release Quarterly Earnings on Tuesday
About La-Z-Boy
La-Z-Boy Incorporated (NYSE: LZB) is a leading U.S. manufacturer and marketer of residential furniture, best known for its upholstered recliners, sofas, stationary chairs and sleeper sofas. The company offers a broad range of products in both fabric and leather, complemented by occasional tables, desks, lamps and other home furnishings through its branded retail network.
Founded in 1927 by cousins Edward Knabusch and Edwin Shoemaker in Monroe, Michigan, La-Z-Boy pioneered the modern reclining chair.
See Also
- Five stocks we like better than La-Z-Boy
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Receive News & Ratings for La-Z-Boy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for La-Z-Boy and related companies with MarketBeat.com's FREE daily email newsletter.
