Leon’s Furniture (TSE:LNF) Sets New 1-Year High at $23.40

Leon’s Furniture Limited (TSE:LNFGet Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as C$23.40 and last traded at C$22.93, with a volume of 15614 shares. The stock had previously closed at C$21.52.

Analyst Ratings Changes

Separately, BMO Capital Markets lifted their target price on Leon’s Furniture from C$23.00 to C$24.00 in a research report on Thursday, May 9th.

Read Our Latest Research Report on LNF

Leon’s Furniture Price Performance

The stock has a 50-day moving average price of C$22.08 and a 200 day moving average price of C$21.09. The company has a debt-to-equity ratio of 44.31, a current ratio of 1.41 and a quick ratio of 0.53. The firm has a market cap of C$1.51 billion, a price-to-earnings ratio of 10.84 and a beta of 0.75.

Leon’s Furniture (TSE:LNFGet Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C$0.24 earnings per share (EPS) for the quarter. The firm had revenue of C$562.25 million for the quarter. Leon’s Furniture had a return on equity of 14.67% and a net margin of 5.78%. As a group, equities research analysts forecast that Leon’s Furniture Limited will post 2.0611111 earnings per share for the current fiscal year.

Leon’s Furniture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 8th. Stockholders of record on Monday, June 10th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Monday, June 10th. Leon’s Furniture’s dividend payout ratio (DPR) is 34.29%.

Insider Transactions at Leon’s Furniture

In related news, Senior Officer John Andrew Cooney sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$22.64, for a total value of C$226,399.00. Company insiders own 69.53% of the company’s stock.

Leon’s Furniture Company Profile

(Get Free Report)

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.

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