La-Z-Boy (LZB) Projected to Post Quarterly Earnings on Tuesday

La-Z-Boy (NYSE:LZBGet Free Report) is expected to be issuing its Q3 2026 results after the market closes on Tuesday, February 17th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $535.4670 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, February 18, 2026 at 8:30 AM ET.

La-Z-Boy (NYSE:LZBGet Free Report) last announced its quarterly earnings results on Tuesday, November 18th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.54 by $0.17. La-Z-Boy had a net margin of 4.29% and a return on equity of 11.19%. The firm had revenue of $522.48 million for the quarter, compared to analyst estimates of $517.63 million. During the same period last year, the business earned $0.71 EPS. La-Z-Boy’s revenue for the quarter was up .3% compared to the same quarter last year. On average, analysts expect La-Z-Boy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

La-Z-Boy Price Performance

NYSE LZB opened at $38.32 on Tuesday. The company has a fifty day moving average of $38.42 and a two-hundred day moving average of $36.02. The company has a market capitalization of $1.58 billion, a PE ratio of 17.58 and a beta of 1.27. La-Z-Boy has a 1 year low of $29.03 and a 1 year high of $48.13.

La-Z-Boy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Thursday, December 4th were given a $0.242 dividend. This is a boost from La-Z-Boy’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $0.97 dividend on an annualized basis and a dividend yield of 2.5%. La-Z-Boy’s payout ratio is currently 44.50%.

Wall Street Analyst Weigh In

Several research firms have commented on LZB. Needham & Company LLC reaffirmed a “buy” rating on shares of La-Z-Boy in a research report on Wednesday, December 17th. Zacks Research cut shares of La-Z-Boy from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. KeyCorp reiterated an “overweight” rating on shares of La-Z-Boy in a research report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of La-Z-Boy in a research note on Monday, December 22nd. Finally, Sidoti raised shares of La-Z-Boy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $36.00 to $39.00 in a research report on Wednesday, November 19th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $42.50.

View Our Latest Stock Analysis on LZB

Hedge Funds Weigh In On La-Z-Boy

Several institutional investors have recently bought and sold shares of LZB. Osaic Holdings Inc. raised its position in La-Z-Boy by 3.5% during the 2nd quarter. Osaic Holdings Inc. now owns 9,258 shares of the company’s stock worth $344,000 after buying an additional 310 shares during the last quarter. Raymond James Financial Inc. raised its holdings in La-Z-Boy by 2.3% during 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. California State Teachers Retirement System lifted its position in La-Z-Boy by 1.4% in the second quarter. California State Teachers Retirement System now owns 38,634 shares of the company’s stock valued at $1,436,000 after purchasing an additional 528 shares during the period. Geneos Wealth Management Inc. boosted its holdings in La-Z-Boy by 99.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,140 shares of the company’s stock valued at $42,000 after purchasing an additional 567 shares in the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in La-Z-Boy by 2.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 26,635 shares of the company’s stock valued at $990,000 after purchasing an additional 646 shares in the last quarter. 99.62% of the stock is owned by institutional investors and hedge funds.

About La-Z-Boy

(Get Free Report)

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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Earnings History for La-Z-Boy (NYSE:LZB)

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