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La-Z-Boy IncorporatedNYSE:LZB Stock Report

Market Cap US$1.4b
Share Price
US$35.73
US$44.5
19.7% undervalued intrinsic discount
1Y-15.9%
7D2.4%
Portfolio Value
View

La-Z-Boy Incorporated

NYSE:LZB Stock Report

Market Cap: US$1.4b

La-Z-Boy (LZB) Stock Overview

Manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States, Canada, and internationally. More details

LZB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance1/6
Financial Health6/6
Dividends4/6

LZB Community Fair Values

Create Narrative

See what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.

La-Z-Boy Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for La-Z-Boy
Historical stock prices
Current Share PriceUS$35.56
52 Week HighUS$44.49
52 Week LowUS$29.03
Beta1.26
1 Month Change12.78%
3 Month Change-8.35%
1 Year Change-15.87%
3 Year Change27.68%
5 Year Change-17.42%
Change since IPO987.18%

Recent News & Updates

Narrative Update May 05

LZB: Maintained Fair Value And Q4 2026 Guidance Could Support Upside

Analysts have maintained the La-Z-Boy fair value estimate at $44.50. The updated price target narrative reflects only minor adjustments to revenue growth, profit margin assumptions, and the future P/E outlook.
Narrative Update Apr 20

LZB: Steady Fair Value And Q4 2026 Guidance May Support Upside

Analysts left their La Z Boy fair value estimate unchanged at $44.50, with only small tweaks to the discount rate and future P/E assumptions reflecting fine tuned views on risk and long term earnings power rather than a shift in the headline target. Analyst Commentary Analysts covering La Z Boy are keeping valuation work largely intact, focusing more on how the company can execute within its existing earnings framework than on resetting price targets.

Recent updates

Narrative Update May 05

LZB: Maintained Fair Value And Q4 2026 Guidance Could Support Upside

Analysts have maintained the La-Z-Boy fair value estimate at $44.50. The updated price target narrative reflects only minor adjustments to revenue growth, profit margin assumptions, and the future P/E outlook.
Narrative Update Apr 20

LZB: Steady Fair Value And Q4 2026 Guidance May Support Upside

Analysts left their La Z Boy fair value estimate unchanged at $44.50, with only small tweaks to the discount rate and future P/E assumptions reflecting fine tuned views on risk and long term earnings power rather than a shift in the headline target. Analyst Commentary Analysts covering La Z Boy are keeping valuation work largely intact, focusing more on how the company can execute within its existing earnings framework than on resetting price targets.
Narrative Update Apr 06

LZB: Higher Margin Potential And Buybacks Will Shape Future Returns

Analysts lifted their fair value estimate for La-Z-Boy to $43.00 from $39.00, citing expectations for higher profit margins and a slightly richer future P/E multiple, even as modeled revenue growth and a modestly higher discount rate temper the overall upside. Analyst Commentary Analysts highlighting La-Z-Boy's revised fair value estimate are broadly constructive on margin potential but still flag a set of risks that could limit how much investors are willing to pay for the stock.
Narrative Update Mar 23

LZB: Steady Fair Value And Q4 2026 Outlook May Support Upside

Analysts kept La Z Boy's fair value estimate steady at $44.50 while nudging the assumed discount rate slightly higher and the forward P/E input from about 14.9x to 15.7x. This reflects updated views on risk and valuation in line with recent sector wide reassessments seen across other research coverage.
Narrative Update Mar 08

LZB: Higher Margin Outlook And Q4 2026 Guidance May Support Upside

Analysts maintained their La-Z-Boy fair value estimate at $44.50 and adjusted assumptions on discount rate, revenue growth, profit margin, and future P/E to reflect updated views on risk, earnings quality, and valuation in light of recent sector-wide price target resets seen in other names. Analyst Commentary Recent sector wide resets in software and internet names, including the series of LegalZoom target cuts, are influencing how analysts think about risk, required returns, and valuation multiples for La Z Boy.
Narrative Update Feb 21

LZB: Higher Margin Outlook And Q4 2026 Guidance Support Upside Potential

The analyst fair value estimate for La-Z-Boy has moved from $41.00 to $44.50, with analysts pointing to a revised mix of slightly lower revenue growth, a higher projected profit margin, a modestly higher discount rate, and a small adjustment to future P/E assumptions. Analyst Commentary Recent Street research around service based and subscription oriented business models provides some useful context for thinking about La Z Boy, even though the research itself is focused on a different company.
Seeking Alpha Feb 19

La-Z-Boy Is Relaxed And Comfortable Despite Uncomfortable Market Conditions

Summary La-Z-Boy Incorporated demonstrates resilience, with Q3 2026 sales up 3.8% YoY and robust profitability despite inflation and tariffs. LZB's strategic store expansion, vertical integration, and strong pricing power support sustained demand and margin strength. Balance sheet remains exceptionally strong: over $300M in cash, zero borrowings, and Net Debt/EBITDA at 1.4x ensure liquidity and capital flexibility. I upgrade LZB from hold to buy, as fundamentals and valuation justify further upside, while technicals indicate emerging buying opportunities. Read the full article on Seeking Alpha
Narrative Update Feb 07

LZB: Dividend Growth And Buybacks Will Shape Returns At Current Pricing

Analysts have raised their price target on La-Z-Boy to $39 from $36, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that support a slightly higher fair value outlook. Analyst Commentary While the updated fair value work points to a US$39 price target, analysts still flag several watchpoints that could limit upside if they play out poorly.
Narrative Update Jan 22

LZB: Buyback Pace And Margin Assumptions Will Shape Forward Return Potential

Narrative Update Analysts have lifted their 12 month price target on La-Z-Boy to $39, a $3 increase, citing an upgrade to Buy supported by updated assumptions for revenue growth, profit margin, and future P/E. Analyst Commentary The latest research points to a more constructive view on La-Z-Boy, with a Buy rating and a revised 12 month price target of $39, up from $36.
Analysis Article Jan 10

Investors Met With Slowing Returns on Capital At La-Z-Boy (NYSE:LZB)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Narrative Update Jan 08

LZB: Dividend Policy And Margin Assumptions Will Guide Forward Return Potential

Narrative Update Analysts have nudged their La Z Boy price target to $39. This reflects small adjustments to discount rate, revenue growth, profit margin and forward P/E expectations following a recent upgrade to Buy with a higher target from $36 to $39.
Analysis Article Dec 23

La-Z-Boy Incorporated (NYSE:LZB) Shares Could Be 34% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, La-Z-Boy fair value estimate is US$57.73 La-Z-Boy's US$38.08...
Narrative Update Dec 14

LZB: Margin Outlook And Dividend Increases Will Shape Future Returns

Analysts have raised their La Z Boy price target to $39 from $36, citing improved margin expectations and a slightly higher future earnings multiple, despite moderating revenue growth assumptions. Analyst Commentary While the latest upgrade and higher price target underscore improving confidence in La Z Boy s earnings power, not all market participants are fully convinced that the current trajectory can be sustained.
Analysis Article Dec 02

Market Might Still Lack Some Conviction On La-Z-Boy Incorporated (NYSE:LZB) Even After 26% Share Price Boost

La-Z-Boy Incorporated ( NYSE:LZB ) shares have had a really impressive month, gaining 26% after a shaky period...
Narrative Update Aug 21

Retail Expansion And Centralized Distribution Will Drive Future Success

Despite a modest improvement in revenue growth forecasts, the consensus analyst price target for La-Z-Boy has been reduced from $46.00 to $41.00, primarily reflecting a lower future P/E multiple. What's in the News La-Z-Boy expects Q2 2025 sales between $510 million and $530 million.
Analysis Article Aug 20

We Think The Compensation For La-Z-Boy Incorporated's (NYSE:LZB) CEO Looks About Right

NYSE:LZB 1 Year Share Price vs Fair Value Explore La-Z-Boy's Fair Values from the Community and select yours Key...
Analysis Article Aug 04

What Does La-Z-Boy Incorporated's (NYSE:LZB) Share Price Indicate?

While La-Z-Boy Incorporated ( NYSE:LZB ) might not have the largest market cap around , it received a lot of attention...
Analysis Article Jul 17

La-Z-Boy Incorporated (NYSE:LZB) Might Not Be As Mispriced As It Looks

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...
Analysis Article Jun 29

There May Be Reason For Hope In La-Z-Boy's (NYSE:LZB) Disappointing Earnings

The market for La-Z-Boy Incorporated's ( NYSE:LZB ) shares didn't move much after it posted weak earnings recently. We...
Analysis Article Jun 21

La-Z-Boy Incorporated Just Missed Earnings - But Analysts Have Updated Their Models

Last week saw the newest yearly earnings release from La-Z-Boy Incorporated ( NYSE:LZB ), an important milestone in the...
Seeking Alpha Apr 20

La-Z-Boy: Navigating The Economic Jungle In A Surprisingly Comfortable Chair

Summary La-Z-Boy's fiscal 3Q25 showed strong sales growth, especially in its Joybird D2C segment, despite broader industry challenges. Management's Century Vision strategy is driving expansion and digital innovation, with plans for 400+ stores and enhanced online capabilities. Economic uncertainties like commodity inflation and tariffs could impact margins, but LZB's solid financial base and management's track record justify a Buy rating. Despite potential headwinds, LZB's strategic initiatives and financial resilience position it well for long-term growth, reaffirming my confidence in their performance. Read the full article on Seeking Alpha
Analysis Article Apr 14

La-Z-Boy (NYSE:LZB) Has Some Way To Go To Become A Multi-Bagger

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Mar 10

Is There An Opportunity With La-Z-Boy Incorporated's (NYSE:LZB) 23% Undervaluation?

Key Insights The projected fair value for La-Z-Boy is US$53.82 based on 2 Stage Free Cash Flow to Equity La-Z-Boy's...
Seeking Alpha Feb 20

La-Z-Boy Is Still A Comfortable Fit For Value Investors

Summary La-Z-Boy's Q3 2025 results exceeded analyst expectations, with revenue up 4.3% to $521.8 million, driven by strong Retail segment performance. Despite recent gains, La-Z-Boy remains attractively priced, boasting robust cash flows and a net cash position of $314.6 million. Management plans to expand company-owned stores to 400 by 2027, targeting 50% revenue from Retail and 10% from Joybird. Continued growth initiatives and margin improvements suggest further upside, justifying a soft ‘buy’ rating on LZB stock. Read the full article on Seeking Alpha
Analysis Article Feb 09

Is Now An Opportune Moment To Examine La-Z-Boy Incorporated (NYSE:LZB)?

While La-Z-Boy Incorporated ( NYSE:LZB ) might not have the largest market cap around , it saw a double-digit share...
Analysis Article Dec 19

Market Cool On La-Z-Boy Incorporated's (NYSE:LZB) Earnings

La-Z-Boy Incorporated's ( NYSE:LZB ) price-to-earnings (or "P/E") ratio of 14.5x might make it look like a buy right...
Seeking Alpha Dec 17

La-Z-Boy Refuses To Recline In Tough Times

Summary La-Z-Boy's strong Q2 results and Century Vision strategy execution support a Buy rating despite industry challenges and macroeconomic pressures. Management's optimism about future Fed rate cuts and housing market recovery positions La-Z-Boy for potential growth. Key earnings drivers include strong holiday sales, retail segment growth, and effective cost control, despite higher SG&A expenses. Strategic initiatives like expanding the retail network and optimizing North American distribution enhance La-Z-Boy's competitive edge and future outlook. Read the full article on Seeking Alpha
Analysis Article Nov 23

La-Z-Boy (NYSE:LZB) Is Increasing Its Dividend To $0.22

The board of La-Z-Boy Incorporated ( NYSE:LZB ) has announced that the dividend on 16th of December will be increased...
Seeking Alpha Nov 17

La-Z-Boy: Still Comfortable With A Bullish View

Summary La-Z-Boy's stock is attractively priced despite mixed performance, with revenue growth and strong cash flows, warranting a soft 'buy' recommendation. The company faced revenue and profitability declines in 2023 due to supply chain issues and increased competition but remains financially robust with no debt. Management's focus on direct-to-consumer sales and strategic acquisitions aims to drive future growth, supported by significant cash reserves and investment in infrastructure. Despite recent challenges, La-Z-Boy's solid cash position and strategic initiatives make it a promising investment with potential for long-term growth. Read the full article on Seeking Alpha
Analysis Article Nov 11

La-Z-Boy Incorporated (NYSE:LZB) Shares Could Be 33% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for La-Z-Boy is US$61.55 based on 2 Stage Free Cash Flow to Equity La-Z-Boy's...
Analysis Article Oct 24

Here's What To Make Of La-Z-Boy's (NYSE:LZB) Decelerating Rates Of Return

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
User avatar
New Narrative Sep 13

Expanding Retail And Manufacturing Footprint Fuels Optimism In Furniture Industry Growth

La-Z-Boy's emphasis on expanding company-owned stores and the Furniture Galleries network aims to boost direct customer interactions and profitability through integrated operations.
Analysis Article Aug 20

When Should You Buy La-Z-Boy Incorporated (NYSE:LZB)?

While La-Z-Boy Incorporated ( NYSE:LZB ) might not have the largest market cap around , it saw a significant share...
Seeking Alpha Aug 01

La-Z-Boy: Reclining Comfortably Amidst Industry Headwinds, Reiterating Our Buy Rating

Summary La-Z-Boy outperformed the furniture sector in Q4 results, showcasing strong revenue growth and profitability enhancements. LZB faces challenges from industry headwinds but maintains a competitive edge through brand strength, product quality, and customer loyalty. Despite economic uncertainties, LZB's strategic initiatives, including the Century Vision strategy, position the company for sustainable growth and profitability, warranting a Buy rating. Read the full article on Seeking Alpha
Analysis Article Jul 29

La-Z-Boy Incorporated (NYSE:LZB) Shares Could Be 22% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for La-Z-Boy is US$56.15 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Jul 11

Improved Earnings Required Before La-Z-Boy Incorporated (NYSE:LZB) Shares Find Their Feet

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 17x, you may...
Seeking Alpha Jul 08

La-Z-Boy's Accretive Expansion Strategy Is Undervalued

Summary La-Z-Boy sells furniture through retail and wholesale channels, known for its reclining chairs. The company has a great expansion strategy, built on accretive store acquisitions from independently-run La-Z-Boy retail store owners. The furnishings industry has had major headwinds, which La-Z-Boy has managed to navigate resiliently. The stock valuation undermines La-Z-Boy's growth strategy's potential. Read the full article on Seeking Alpha
Analysis Article Jun 19

La-Z-Boy (NYSE:LZB) Will Be Hoping To Turn Its Returns On Capital Around

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Apr 24

Is There An Opportunity With La-Z-Boy Incorporated's (NYSE:LZB) 23% Undervaluation?

Key Insights The projected fair value for La-Z-Boy is US$44.50 based on 2 Stage Free Cash Flow to Equity Current share...

Shareholder Returns

LZBUS Consumer DurablesUS Market
7D2.4%-2.7%2.1%
1Y-15.9%8.7%30.6%

Return vs Industry: LZB underperformed the US Consumer Durables industry which returned 14.3% over the past year.

Return vs Market: LZB underperformed the US Market which returned 31% over the past year.

Price Volatility

Is LZB's price volatile compared to industry and market?
LZB volatility
LZB Average Weekly Movement4.6%
Consumer Durables Industry Average Movement7.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: LZB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: LZB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192710,600Melinda Whittingtonwww.la-z-boy.com

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States, Canada, and internationally. It operates through Wholesale and Retail segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces.

La-Z-Boy Incorporated Fundamentals Summary

How do La-Z-Boy's earnings and revenue compare to its market cap?
LZB fundamental statistics
Market capUS$1.45b
Earnings (TTM)US$83.64m
Revenue (TTM)US$2.13b
17.4x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LZB income statement (TTM)
RevenueUS$2.13b
Cost of RevenueUS$1.20b
Gross ProfitUS$928.31m
Other ExpensesUS$844.67m
EarningsUS$83.64m

Last Reported Earnings

Jan 24, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.04
Gross Margin43.64%
Net Profit Margin3.93%
Debt/Equity Ratio0%

How did LZB perform over the long term?

See historical performance and comparison

Dividends

2.7%
Current Dividend Yield
44%
Payout Ratio

Does LZB pay a reliable dividends?

See LZB dividend history and benchmarks
When do you need to buy LZB by to receive an upcoming dividend?
La-Z-Boy dividend dates
Ex Dividend DateJun 02 2026
Dividend Pay DateJun 15 2026
Days until Ex dividend23 days
Days until Dividend pay date36 days

Does LZB pay a reliable dividends?

See LZB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 07:53
End of Day Share Price 2026/05/07 00:00
Earnings2026/01/24
Annual Earnings2025/04/26

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

La-Z-Boy Incorporated is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristine KoerberBarrington Research Associates, Inc.
Bradley ThomasKeyBanc Capital Markets Inc.
Mark RupeLongbow Research LLC