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

La-Z-Boy (NYSE:LZB) is projected to release 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. Parties interested in participating in the company’s conference call can do so using this link.

La-Z-Boy Stock Down 0.0 %

Shares of NYSE:LZB opened at $44.72 on Tuesday. The business’s 50 day moving average is $44.66 and its 200 day moving average is $42.65. The stock has a market cap of $1.85 billion, a P/E ratio of 15.47 and a beta of 1.35. La-Z-Boy has a 52-week low of $32.00 and a 52-week high of $48.31.

La-Z-Boy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Thursday, December 5th were given a dividend of $0.22 per share. This is an increase 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 dividend yield of 1.97%. La-Z-Boy’s dividend payout ratio is presently 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.