Leon’s Furniture Limited (TSE:LNF – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$20.14 and traded as high as C$22.42. Leon’s Furniture shares last traded at C$22.21, with a volume of 10,021 shares.
Analyst Ratings Changes
Separately, BMO Capital Markets upped their target price on Leon’s Furniture from C$21.00 to C$23.00 in a research report on Monday, February 26th.
Get Our Latest Stock Report on Leon’s Furniture
Leon’s Furniture Stock Performance
Leon’s Furniture (TSE:LNF – Get Free Report) last posted its earnings results on Wednesday, February 21st. The company reported C$0.72 earnings per share for the quarter. The company had revenue of C$686.90 million for the quarter. Leon’s Furniture had a net margin of 5.66% and a return on equity of 14.19%. On average, analysts forecast that Leon’s Furniture Limited will post 2.0611111 earnings per share for the current year.
Leon’s Furniture Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, April 8th. Investors of record on Friday, March 8th were given a dividend of $0.18 per share. The ex-dividend date was Thursday, March 7th. This represents a $0.72 annualized dividend and a dividend yield of 3.24%. Leon’s Furniture’s payout ratio is 35.64%.
Insider Buying and Selling
In other Leon’s Furniture news, Senior Officer John Andrew Cooney sold 10,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$22.64, for a total transaction of C$226,399.00. 69.62% of the stock is currently owned by corporate insiders.
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.
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