Leon’s Furniture (TSE:LNF) had its price objective boosted by Desjardins from C$20.00 to C$21.00 in a report published on Thursday morning, BayStreet.CA reports.
Leon’s Furniture stock opened at C$15.24 on Thursday. The company has a 50-day simple moving average of C$15.20 and a 200-day simple moving average of C$14.94. The firm has a market capitalization of $1.20 billion and a P/E ratio of 11.80. The company has a debt-to-equity ratio of 70.68, a quick ratio of 0.37 and a current ratio of 0.99. Leon’s Furniture has a one year low of C$14.01 and a one year high of C$18.37.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 7th. Stockholders of record on Friday, September 6th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.56 annualized dividend and a dividend yield of 3.67%. Leon’s Furniture’s dividend payout ratio is currently 41.83%.
Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. The company also operates as a commercial retailer of appliances to builders, developers, hotels, and property management companies. It also offers household furniture, electronics, and appliance repair services; and insurance products.
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