La-Z-Boy Incorporated (NYSE:LZB – Free Report) – Equities research analysts at Sidoti issued their FY2026 earnings per share (EPS) estimates for La-Z-Boy in a research report issued to clients and investors on Friday, June 5th. Sidoti analyst A. Lebiedzinski forecasts that the company will earn $2.59 per share for the year. The consensus estimate for La-Z-Boy’s current full-year earnings is $2.61 per share. Sidoti also issued estimates for La-Z-Boy’s Q4 2026 earnings at $0.80 EPS, Q1 2027 earnings at $0.48 EPS, Q2 2027 earnings at $0.72 EPS, Q3 2027 earnings at $0.63 EPS, Q4 2027 earnings at $1.08 EPS, FY2027 earnings at $2.91 EPS, Q1 2028 earnings at $0.51 EPS, Q2 2028 earnings at $0.85 EPS, Q3 2028 earnings at $0.73 EPS, Q4 2028 earnings at $1.18 EPS and FY2028 earnings at $3.27 EPS.
A number of other analysts have also weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of La-Z-Boy in a research note on Monday, May 18th. Wall Street Zen lowered La-Z-Boy from a “buy” rating to a “hold” rating in a research note on Saturday. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.
La-Z-Boy Stock Performance
NYSE:LZB opened at $36.28 on Tuesday. The firm has a market cap of $1.48 billion, a PE ratio of 17.96 and a beta of 1.26. La-Z-Boy has a fifty-two week low of $29.03 and a fifty-two week high of $41.71. The business has a 50 day moving average price of $34.97 and a 200-day moving average price of $36.39.
Institutional Trading of La-Z-Boy
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. raised its holdings in La-Z-Boy by 3.5% in the second quarter. Osaic Holdings Inc. now owns 9,258 shares of the company’s stock worth $344,000 after purchasing an additional 310 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in La-Z-Boy by 75.2% in the third quarter. Smartleaf Asset Management LLC now owns 755 shares of the company’s stock worth $26,000 after purchasing an additional 324 shares in the last quarter. Raymond James Financial Inc. raised its holdings in La-Z-Boy by 2.3% in the third quarter. Raymond James Financial Inc. now owns 14,703 shares of the company’s stock worth $505,000 after purchasing an additional 336 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in La-Z-Boy by 0.3% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 110,619 shares of the company’s stock worth $4,126,000 after purchasing an additional 363 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC raised its holdings in La-Z-Boy by 1.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 20,666 shares of the company’s stock worth $770,000 after purchasing an additional 374 shares in the last quarter. Hedge funds and other institutional investors own 99.62% of the company’s stock.
La-Z-Boy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Tuesday, June 2nd will be paid a $0.242 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $0.97 dividend on an annualized basis and a yield of 2.7%. La-Z-Boy’s dividend payout ratio (DPR) is presently 48.02%.
Key Headlines Impacting La-Z-Boy
Here are the key news stories impacting La-Z-Boy this week:
- Positive Sentiment: Sidoti’s forecasts point to improving profitability over the next few years, including FY2027 EPS above consensus and further growth in FY2028, which can be viewed as supportive for La-Z-Boy’s valuation. La-Z-Boy (LZB) to Release Quarterly Earnings on Tuesday
- Neutral Sentiment: Sidoti also published detailed quarterly EPS estimates for FY2026 through FY2028, but these were largely a reiteration of forward guidance rather than a major new company-specific catalyst. La-Z-Boy (LZB) to Release Quarterly Earnings on Tuesday
- Negative Sentiment: The near-term FY2026 EPS estimate of $2.59 is slightly below the current consensus of $2.61, suggesting some modest pressure on this year’s earnings outlook. La-Z-Boy (LZB) to Release Quarterly Earnings on Tuesday
La-Z-Boy Company Profile
La-Z-Boy Incorporated (NYSE: LZB) is a leading U.S. manufacturer and marketer of residential furniture, best known for its upholstered recliners, sofas, stationary chairs and sleeper sofas. The company offers a broad range of products in both fabric and leather, complemented by occasional tables, desks, lamps and other home furnishings through its branded retail network.
Founded in 1927 by cousins Edward Knabusch and Edwin Shoemaker in Monroe, Michigan, La-Z-Boy pioneered the modern reclining chair.
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