Leon's Furniture Limited (TSE:LNF - Get Free Report) Senior Officer John Andrew Cooney sold 3,800 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$30.00, for a total transaction of C$114,000.00.
Leon's Furniture Stock Performance
Shares of Leon's Furniture stock opened at C$29.54 on Friday. The business has a 50-day simple moving average of C$25.32 and a 200 day simple moving average of C$23.18. Leon's Furniture Limited has a one year low of C$16.46 and a one year high of C$30.64. The company has a debt-to-equity ratio of 41.88, a current ratio of 1.42 and a quick ratio of 0.53. The firm has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 13.80 and a beta of 0.82.
Leon's Furniture (TSE:LNF - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported C$0.44 earnings per share for the quarter. The company had revenue of C$617.66 million for the quarter. Leon's Furniture had a return on equity of 14.68% and a net margin of 5.84%. On average, research analysts anticipate that Leon's Furniture Limited will post 2.0291921 earnings per share for the current fiscal year.
Leon's Furniture Increases Dividend
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The business also recently declared a quarterly dividend, which will be paid on Monday, October 7th. Investors of record on Monday, September 9th will be given a dividend of $0.20 per share. The ex-dividend date is Monday, September 9th. This represents a $0.80 annualized dividend and a yield of 2.71%. This is a positive change from Leon's Furniture's previous quarterly dividend of $0.18. Leon's Furniture's dividend payout ratio is presently 37.38%.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. BMO Capital Markets upped their price target on shares of Leon's Furniture from C$23.00 to C$24.00 in a research report on Thursday, May 9th. Acumen Capital set a C$34.00 price target on Leon's Furniture and gave the company a "buy" rating in a research note on Wednesday, August 21st.
Read Our Latest Analysis on LNF
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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