How to Buy La Z Boy Stock
La Z Boy Inc
La Z Boy is a furnishings fixture & appliance company located in Michigan, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker LZB on the NYSE exchange.
La Z Boy stock last closed at $39.50, down 1.1% from the previous day, and has increased 20.28% in one year. It has overperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.3 percentage points. La Z Boy stock is currently +21.46% from its 52-week low of $32.52, and -18.23% from its 52-week high of $48.31.
There are currently 41.29M shares of LZB outstanding. The market value of LZB is $1.63B. In the last 24 hours, 423,829 LZB shares were traded.
How to Buy La Z Boy Stock
Wondering how to invest in La Z Boy stock? Here's how.
- Choose where to buy La Z Boy stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy La Z Boy stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your details.
- Evaluate La Z Boy stock: The La Z Boy ticker symbol is LZB. Is La Z Boy stock a good investment? Should you buy shares of LZB? How do LZB's underlying business fundamentals look? Do top analysts think La Z Boy is a good buy? Why has LZB's stock price moved recently? (Hint: Our stock research tools can help you decide if LZB is a good stock to buy).
- Place your LZB purchase: Decide if you will purchase LZB shares at the current market price or use a limit order to purchase LZB shares at a given price.
- Get notifications regarding your LZB investment: Create a watchlist to track your investment in La Z Boy shares.
Step 1: Choose where to buy La Z Boy stock
You will need an online brokerage account in order to access the NYSE market and buy LZB stock.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal information so you can invest in LZB today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on the best stock app for beginners, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate La Z Boy stock
Once you have chosen the best place to buy La Z Boy stock, it's crucial to research their stock prior to buying, so you actually wrap your head around the risk and opportunity.
La Z Boy shares data
La Z Boy Fundamentals
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LZB's stock page.
Is LZB stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge LZB's true value.
Using relative valuations methods:
- LZB could be undervalued based on its P/E ratio of 13.39x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 76.39x
- LZB may be undervalued based on its P/B ratio of 1.6x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.23x
- LZB may be overvalued based on its PEG ratio of 1.54x
You can access additional valuation research on LZB's stock here.
LZB Financial Overview
Positive Financial Indicators:
- LZB earnings of $167.79M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the LZB balance sheet.
- Total LZB debt is lower than 5 years ago, relative to shareholder equity.
- LZB's operating cash flow of $178.04M allows it to safely service it's debt of $488.20M.
- There are more short-term assets than long-term liabilities on the LZB balance sheet.
- LZB profit margin has gone up from 5.7% to 5.9% in the past year.
Negative Financial Indicators:
- LZB has a relatively high debt to equity ratio of 0.91.
Is it a good time to buy La Z Boy stock, according to Wall Street analysts?
Out of 1 sell side analysts who give forecasts on LZB, the consensus analyst rating on La Z Boy is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the La Z Boy stock forecast page.
LZB Technicals
LZB Performance Numbers
Last year, LZB earnings were $123.93M. During the last 5 year, LZB's earnings have grown by 12.32% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 2.76%.
Last year, LZB revenue was $2.09B. Over the past five year, LZB's revenue has increased by 3.16% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 8.02%.
You can analyze LZB's earnings and revenue performance here.
Are LZB executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at LZB have sold more shares than they have bought.
Taylor Edward Luebke, SVP and CFO of LZB, was the latest LZB insider to sell. They sold $11,569.69 worth of LZB shares on Jan 28, 2025.
Dig into more about who owns LZB stock here.
Does LZB stock generate passive income?
La Z Boy pays a dividend of 1.62%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 4.08%. If you owned $1,000 worth of LZB stock, you would have received $16.20 in the past 12 months.
La Z Boy dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about La Z Boy dividend yield and history here.
What do other investors have to say about LZB?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your LZB purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will execute the order.
If you want more help investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your LZB investment
Now that you own some LZB shares, you'll want to stay up-to-date on your new investment.
Add LZB to a watchlist to track the latest developments regarding your LZB stock.
LZB Feed
How to Buy Stock in La Z Boy
To summarize, here are the 6 steps to buy La Z Boy stock:
- Choose where to buy La Z Boy stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate La Z Boy stock
- Place your LZB purchase
- Get notifications regarding your LZB investment
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in La Z Boy, hit the button below to create your watchlist.
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