TSE:LNF
22.25
0.13
(0.59%)
Leon's Furniture Ltd. Meubles Léon Limité in Ontario is a Canadian furniture retailer which first opened its store in 1909 in Welland, Ontario.
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Analysis and Opinions about LNF-T
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TOP PICK
TOP PICK
January 12, 2021
Has owned this since 2004. Tremendous upside. They really expanded their e-commerce and now makes up 10% of sales. When people can't travel, they buy furniture. Also, they hold $800 million in real estate that one day they can spin out. Also, they have no doubt. The family owns 75% of stock. Margins are rising. Targets $25-30. (Analysts’ price target is $22.25)
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Has owned this since 2004. Tremendous upside. They really expanded their e-commerce and now makes up 10% of sales. When people can't travel, they buy furniture. Also, they hold $800 million in real estate that one day they can spin out. Also, they have no doubt. The family owns 75% of stock. Margins are rising. Targets $25-30. (Analysts’ price target is $22.25)
PAST TOP PICK
PAST TOP PICK
December 15, 2020
(A Top Pick Dec 13/19, Up 27%) It surprisingly became a Covid stock as people bought a lot of home furnishings. Still likes it. They did e-commerce right.
Show full opinionHide full opinion(A Top Pick Dec 13/19, Up 27%) It surprisingly became a Covid stock as people bought a lot of home furnishings. Still likes it. They did e-commerce right.
TOP PICK
TOP PICK
December 15, 2020
A good business with a decent valuation. No debt. Net cash. Their real estate is worth a lot. He forecasts $250-300 million free cash flow in a year, if they're successful. This is making a ton of money. This should hit $25-30. (Analysts’ price target is $22.25)
Show full opinionHide full opinionA good business with a decent valuation. No debt. Net cash. Their real estate is worth a lot. He forecasts $250-300 million free cash flow in a year, if they're successful. This is making a ton of money. This should hit $25-30. (Analysts’ price target is $22.25)
BUY
BUY
December 31, 2019
vs. Canadian Tire Canadian Tire: A short report recently has pressured shares and are now under 10x earnings, cheap. Their problem is that they were slow getting e-commerce. If you don't have good e-commerce, a store is treading water. But the bad news is already priced into the stock price. He prefers Leon's Furniture for buying the Brick and paying off most of that debt. Good return on capital and huge insider ownership.
Show full opinionHide full opinionvs. Canadian Tire Canadian Tire: A short report recently has pressured shares and are now under 10x earnings, cheap. Their problem is that they were slow getting e-commerce. If you don't have good e-commerce, a store is treading water. But the bad news is already priced into the stock price. He prefers Leon's Furniture for buying the Brick and paying off most of that debt. Good return on capital and huge insider ownership.
TOP PICK
TOP PICK
December 13, 2019
Because of indexing, it's fantastic.. The incremental dollar goes into the biggest companies. No body is looking at it right now. Great valuation and dividend. Could get up to $20. (Analysts’ price target is $19.00)
Show full opinionHide full opinionBecause of indexing, it's fantastic.. The incremental dollar goes into the biggest companies. No body is looking at it right now. Great valuation and dividend. Could get up to $20. (Analysts’ price target is $19.00)
TOP PICK
TOP PICK
July 23, 2019
The best in a bad business. Sensitive to recession. They will eventually do something with their land holdings and this will bump up their value eventually. Yield 3.68% (Analysts’ price target is $18.50)
Show full opinionHide full opinionThe best in a bad business. Sensitive to recession. They will eventually do something with their land holdings and this will bump up their value eventually. Yield 3.68% (Analysts’ price target is $18.50)
TOP PICK
TOP PICK
June 19, 2019
They purchased the Brick a while ago. They are sitting on a nice cash flow position -- about 12% free cash flow yield. Payout ratio on the dividend is 38%. All they need to do to be successful going forward is buy back some shares and increase the dividend. Yield 3.68% (Analysts’ price target is $18.00)
Show full opinionHide full opinionThey purchased the Brick a while ago. They are sitting on a nice cash flow position -- about 12% free cash flow yield. Payout ratio on the dividend is 38%. All they need to do to be successful going forward is buy back some shares and increase the dividend. Yield 3.68% (Analysts’ price target is $18.00)
HOLD
HOLD
March 29, 2019
Don't need to rush in to this name. Hard to be excited about the growth potential in the housing market now. So he is not sure where their growth is going to come from. They are partnering with Shopify now which might help. They have a high market share in their market.
Show full opinionHide full opinionDon't need to rush in to this name. Hard to be excited about the growth potential in the housing market now. So he is not sure where their growth is going to come from. They are partnering with Shopify now which might help. They have a high market share in their market.
PAST TOP PICK
PAST TOP PICK
March 20, 2019
(A Top Pick Feb 07/18, Down 20%) They reported light on their earnings, but they have an underlying $800 million real estate value and they can trigger that. They have no debt and are integrating the Brick stores well. Very cheap, worth $5-6 more just on the real estate.
Show full opinionHide full opinion(A Top Pick Feb 07/18, Down 20%) They reported light on their earnings, but they have an underlying $800 million real estate value and they can trigger that. They have no debt and are integrating the Brick stores well. Very cheap, worth $5-6 more just on the real estate.
PAST TOP PICK
PAST TOP PICK
July 31, 2018
(A Top Pick August 3/2017, Up 4%) A cult stock. Not that liquid. Great company, along with the Brick. A tough business, but they are the best. Own a ton of real estate under the business, which they will eventually do something with. Hard to buy furniture online, so they have some protection. Earnings next week, he’s assuming decent numbers.
(A Top Pick August 3/2017, Up 4%) A cult stock. Not that liquid. Great company, along with the Brick. A tough business, but they are the best. Own a ton of real estate under the business, which they will eventually do something with. Hard to buy furniture online, so they have some protection. Earnings next week, he’s assuming decent numbers.
WAIT
WAIT
May 8, 2018
Done right, furniture is a great business. Most of them are private because they generate so much cash that they don’t need to go public. Leon’s is one of the best furniture businesses in the country. However, the furniture business is cyclical with the housing market. To the extent that housing purchases or renovations might slow down, this company will suffer. At this time, investors should wait to buy it later. It is a great business, but the cycle is turning.
Done right, furniture is a great business. Most of them are private because they generate so much cash that they don’t need to go public. Leon’s is one of the best furniture businesses in the country. However, the furniture business is cyclical with the housing market. To the extent that housing purchases or renovations might slow down, this company will suffer. At this time, investors should wait to buy it later. It is a great business, but the cycle is turning.
TOP PICK
TOP PICK
February 7, 2018
He has owned this for a long time and thinks they are a survivor. Leon’s will service Sears appliance contracts and has great real estate holdings that may eventually be spun off. Yield 3%. (Analysts’ price target is $20.50).
He has owned this for a long time and thinks they are a survivor. Leon’s will service Sears appliance contracts and has great real estate holdings that may eventually be spun off. Yield 3%. (Analysts’ price target is $20.50).
PARTIAL BUY
PARTIAL BUY
October 31, 2017
Somebody bought this at the old high of 2015 want their money back. You have to get through those guys. Not everybody is going to sell, but there is a certain amount of selling pressure in and around the old high. It is probably trying to break through that old level. He would probably approach this somewhat optimistically, but wouldn't throw his full allotment into it. There is still a chance that the break out won't last. You need another week or 2.
Somebody bought this at the old high of 2015 want their money back. You have to get through those guys. Not everybody is going to sell, but there is a certain amount of selling pressure in and around the old high. It is probably trying to break through that old level. He would probably approach this somewhat optimistically, but wouldn't throw his full allotment into it. There is still a chance that the break out won't last. You need another week or 2.
TOP PICK
TOP PICK
August 3, 2017
They are in retai,l but will not be displaced by AMZN-Q because you have to go sit on the couch, etc. They have a tremendous amount of miss-valued real estate that they might someday spin out. You are now starting to see synergies from The Brick. (Analysts’ target: $19.00).
They are in retai,l but will not be displaced by AMZN-Q because you have to go sit on the couch, etc. They have a tremendous amount of miss-valued real estate that they might someday spin out. You are now starting to see synergies from The Brick. (Analysts’ target: $19.00).
COMMENT
COMMENT
June 22, 2017
The big box furniture business has a huge competitive advantage. They took over the Brick a while ago which is slowly working out. The Cdn$ hurt them a little. Very good operators. Also, owns a lot of the properties they are situated on. Every so often, they build up cash and pay a special dividend.
The big box furniture business has a huge competitive advantage. They took over the Brick a while ago which is slowly working out. The Cdn$ hurt them a little. Very good operators. Also, owns a lot of the properties they are situated on. Every so often, they build up cash and pay a special dividend.
Leon's Furniture(LNF-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Leon's Furniture(LNF-T) Frequently Asked Questions
What is Leon's Furniture stock symbol?
Leon's Furniture is a Canadian stock, trading under the symbol LNF-T on the Toronto Stock Exchange (LNF-CT). It is usually referred to as TSX:LNF or LNF-T
Is Leon's Furniture a buy or a sell?
In the last year, 1 stock analyst published opinions about LNF-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Leon's Furniture.
Is Leon's Furniture a good investment or a top pick?
Leon's Furniture was recommended as a Top Pick by Paul Gardner, CFA on 2021-01-12. Read the latest stock experts ratings for Leon's Furniture.
Why is Leon's Furniture stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Leon's Furniture worth watching?
1 stock analyst on Stockchase covered Leon's Furniture In the last year. It is a trending stock that is worth watching.
What is Leon's Furniture stock price?
On 2021-07-23, Leon's Furniture (LNF-T) stock closed at a price of $22.25.
