Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney Sells 7,000 Shares

Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney sold 7,000 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of C$26.15, for a total value of C$183,043.70.

Leon’s Furniture Trading Down 1.1 %

LNF opened at C$26.05 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 1.42 and a debt-to-equity ratio of 41.88. Leon’s Furniture Limited has a 52 week low of C$18.12 and a 52 week high of C$30.64. The business’s 50 day moving average is C$27.48 and its two-hundred day moving average is C$26.44. The firm has a market cap of C$1.78 billion, a price-to-earnings ratio of 12.17 and a beta of 0.82.

Leon’s Furniture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Monday, December 9th will be issued a $0.20 dividend. The ex-dividend date is Monday, December 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.07%. Leon’s Furniture’s payout ratio is 37.38%.

Analysts Set New Price Targets

A number of research analysts have recently commented on LNF shares. Acumen Capital set a C$34.00 price objective on Leon’s Furniture and gave the company a “buy” rating in a report on Wednesday, August 21st. Stifel Nicolaus set a C$30.00 price target on shares of Leon’s Furniture and gave the company a “hold” rating in a research note on Wednesday, October 23rd. Stifel Canada upgraded shares of Leon’s Furniture to a “hold” rating in a research report on Tuesday, October 22nd. Finally, CIBC set a C$29.00 target price on shares of Leon’s Furniture and gave the company a “neutral” rating in a research report on Tuesday.

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.