Stifel Canada upgraded shares of Leon’s Furniture (TSE:LNF – Free Report) to a hold rating in a research report released on Tuesday, Zacks.com reports.
Other equities analysts have also recently issued research reports about the company. Stifel Nicolaus set a C$30.00 price objective on Leon’s Furniture and gave the company a “hold” rating in a report on Wednesday. Acumen Capital set a C$34.00 target price on shares of Leon’s Furniture and gave the stock a “buy” rating in a research report on Wednesday, August 21st.
View Our Latest Report on Leon’s Furniture
Leon’s Furniture Price Performance
Leon’s Furniture (TSE:LNF – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported C$0.44 earnings per share (EPS) for the quarter. Leon’s Furniture had a return on equity of 14.68% and a net margin of 5.84%. The firm had revenue of C$617.66 million during the quarter. On average, equities analysts anticipate that Leon’s Furniture will post 2.2104466 EPS for the current year.
Leon’s Furniture Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Monday, September 9th were given a dividend of $0.20 per share. This is a positive change from Leon’s Furniture’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend was Monday, September 9th. Leon’s Furniture’s dividend payout ratio (DPR) is currently 37.38%.
Insider Buying and Selling at Leon’s Furniture
In other Leon’s Furniture news, Senior Officer John Andrew Cooney sold 3,800 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$30.00, for a total transaction of C$114,000.00. 69.49% of the stock is owned by corporate insiders.
Leon’s Furniture Company Profile
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon's and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.
Read More
- Five stocks we like better than Leon’s Furniture
- Are Penny Stocks a Good Fit for Your Portfolio?
- Monster and Celsius Energized: Which Stock Offers More Upside?
- Are Penny Stocks a Good Fit for Your Portfolio?
- Sherwin-Williams Plunges Into Buying Opportunity: Time to Buy?
- The 3 Best Fintech Stocks to Buy Now
- Wolverine World Wide Breaks Out – Will the 92% Rally Continue?
Receive News & Ratings for Leon's Furniture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leon's Furniture and related companies with MarketBeat.com's FREE daily email newsletter.