Leon’s Furniture (TSE:LNF) Sets New 12-Month High at $27.95

Leon’s Furniture Limited (TSE:LNF)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$27.95 and last traded at C$27.51, with a volume of 3653 shares trading hands. The stock had previously closed at C$27.42.

Analyst Upgrades and Downgrades

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

Leon’s Furniture Trading Up 1.5 %

The company has a 50 day moving average price of C$24.03 and a two-hundred day moving average price of C$22.65. The firm has a market capitalization of C$1.90 billion, a price-to-earnings ratio of 12.81 and a beta of 0.75. The company has a debt-to-equity ratio of 41.88, a quick ratio of 0.53 and a current ratio of 1.42.

Leon’s Furniture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, September 9th will be given a $0.20 dividend. This is a positive change from Leon’s Furniture’s previous quarterly dividend of $0.18. The ex-dividend date is Monday, September 9th. This represents a $0.80 annualized dividend and a dividend yield of 2.87%. Leon’s Furniture’s dividend payout ratio (DPR) is 37.38%.

About Leon’s Furniture

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.