Leon’s Furniture (TSE:LNF) shares cross 200-day moving average of $21.70

Shares of Leon’s Furniture Limited (TSE:LNF – Get Free Report) crossed above their 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$21.70 and was trading at a price of C$23.09. Leon’s Furniture shares last traded at C$22.95, with a volume of 4,381 shares traded.

Analyst Upgrades and Downgrades

Additionally, BMO Capital Markets raised their price target on Leon’s Furniture from C$23.00 to C$24.00 in a research report on Thursday, May 9.

Check out our latest analysis of Leon’s Furniture

Leon’s Furniture shares down 0.4%

The company’s 50-day moving average is C$22.50 and its 200-day moving average is C$21.70. The company has a market cap of C$1.56 billion, a price/earnings ratio of 10.93 and a beta of 0.75. The company has a quick ratio of 0.53, a current ratio of 1.41 and a debt-to-equity ratio of 44.31.

Leon’s Furniture (TSE:LNF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 8. The company reported C$0.24 earnings per share for the quarter. Leon’s Furniture had a net margin of 5.78% and a return on equity of 14.67%. The company had revenue of C$562.25 million for the quarter. As a group, equities analysts expect that Leon’s Furniture Limited will post C$2.0611111 EPS for the current fiscal year.

Leon’s Furniture announces dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 8th. Shareholders of record on Monday, June 10th were given a dividend of $0.18. The ex-dividend date for this dividend was Monday, June 10th. This represents an annualized dividend of $0.72 and a yield of 3.14%. Leon’s Furniture’s dividend payout ratio is currently 34.29%.

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. The company operates in two segments, Leon’s and The Brick. The company offers repair services for home furnishings, electronics and appliances; home office products; warranties; and credit insurance products, including life, disfigurement, disability, critical illness and involuntary unemployment.

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