LZB
La-Z-Boy Incorporated Consumer Cyclical - Furnishings, Fixtures & Appliances Investor Relations →
La-Z-Boy Incorporated (LZB) closed at $31.54 as of 2026-03-20, trading 3.8% below its 200-week moving average of $32.80. This places LZB in the below line zone. The stock is currently moving closer to the line, down from 3.2% last week. With a 14-week RSI of 27, LZB is in oversold territory.
Trading volume is running at 1.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.99 ratio) is neutral — neither side is clearly dominating.
Over the past 2721 weeks of data, LZB has crossed below its 200-week moving average 45 times. On average, these episodes lasted 17 weeks. Historically, investors who bought LZB at the start of these episodes saw an average one-year return of +32.6%.
With a market cap of $1301 million, LZB is a small-cap stock. The company generates a free cash flow yield of 15.0%, which is notably high. Return on equity stands at 8.1%. The stock trades at 1.2x book value.
Management has been repurchasing shares, with a 4.5% reduction over three years. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 33.2 years, a hypothetical investment of $100 in LZB would have grown to $646, compared to $2683 for the S&P 500. LZB has returned 5.8% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 259.9% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: LZB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LZB Crosses Below the Line?
Across 30 historical episodes, buying LZB when it crossed below its 200-week moving average produced an average return of +29.5% after 12 months (median +30.0%), compared to +15.3% for the S&P 500 over the same periods. 97% of those episodes were profitable after one year. After 24 months, the average return was +56.4% vs +30.0% for the index.
Each line shows $100 invested at the moment LZB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
LZB has crossed below its 200-week MA 45 times with an average 1-year return of +32.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Dec 1975 | 100 | 75.0% | -35.8% | +6104.8% |
| Apr 1977 | Apr 1977 | 1 | 0.3% | -8.5% | +5473.8% |
| Jun 1977 | Jun 1977 | 1 | 2.2% | +7.3% | +5879.1% |
| Aug 1977 | Aug 1977 | 3 | 9.7% | +5.8% | +6224.1% |
| Oct 1977 | Dec 1977 | 10 | 11.1% | +8.0% | +6477.1% |
| Jan 1978 | Jan 1978 | 1 | 1.4% | -21.2% | +6224.1% |
| Feb 1978 | Mar 1978 | 3 | 0.3% | -24.5% | +6104.8% |
| May 1978 | May 1978 | 1 | 3.4% | -21.2% | +6224.1% |
| Jul 1978 | Mar 1981 | 139 | 44.1% | -32.7% | +5879.1% |
| Feb 1982 | Mar 1982 | 1 | 0.7% | +131.8% | +7373.9% |
| Mar 1982 | Mar 1982 | 1 | 0.3% | +170.5% | +7373.9% |
| Jun 1982 | Jun 1982 | 1 | 1.1% | +281.4% | +7547.7% |
| May 1988 | May 1988 | 2 | 1.7% | +35.9% | +1317.4% |
| Aug 1990 | Jan 1991 | 24 | 25.9% | +34.7% | +1010.4% |
| May 1995 | Jul 1995 | 7 | 3.3% | +23.4% | +542.0% |
| Mar 1996 | Mar 1996 | 1 | 1.1% | +36.5% | +494.2% |
| Apr 1996 | Apr 1996 | 1 | 0.1% | +22.5% | +483.5% |
| Jul 1996 | Aug 1996 | 1 | 0.0% | +36.4% | +469.6% |
| Jan 2000 | Feb 2000 | 3 | 5.3% | +21.0% | +249.4% |
| May 2000 | May 2000 | 2 | 1.0% | +26.1% | +231.6% |
| Jun 2000 | Aug 2000 | 9 | 8.2% | +25.3% | +228.5% |
| Sep 2000 | Jan 2001 | 15 | 13.5% | +10.1% | +250.0% |
| Mar 2001 | Mar 2001 | 1 | 0.8% | +75.9% | +204.9% |
| Sep 2001 | Oct 2001 | 3 | 10.2% | +57.2% | +218.0% |
| Feb 2003 | Apr 2003 | 10 | 10.7% | +21.7% | +152.2% |
| May 2004 | Aug 2009 | 275 | 93.9% | -35.4% | +142.2% |
| Sep 2009 | Oct 2009 | 2 | 9.4% | -1.2% | +365.5% |
| Oct 2009 | Nov 2009 | 3 | 18.7% | +9.4% | +456.7% |
| Jun 2010 | Jul 2010 | 3 | 16.2% | +45.1% | +467.9% |
| Aug 2010 | Sep 2010 | 6 | 15.0% | +7.0% | +455.9% |
| Oct 2010 | Nov 2010 | 2 | 2.5% | +16.5% | +400.3% |
| Nov 2010 | Nov 2010 | 1 | 3.6% | +22.3% | +418.7% |
| Aug 2011 | Aug 2011 | 2 | 6.2% | +67.3% | +419.4% |
| Sep 2011 | Oct 2011 | 4 | 6.5% | +97.8% | +422.8% |
| Jan 2016 | Feb 2016 | 5 | 7.8% | +39.1% | +78.2% |
| Oct 2016 | Nov 2016 | 3 | 4.9% | +24.2% | +67.1% |
| Aug 2017 | Sep 2017 | 4 | 6.4% | +40.4% | +54.8% |
| Dec 2018 | Dec 2018 | 3 | 5.2% | +19.3% | +35.2% |
| Feb 2020 | Aug 2020 | 23 | 40.4% | +50.3% | +25.0% |
| Feb 2022 | Feb 2023 | 53 | 28.9% | +2.7% | +20.9% |
| Mar 2023 | Jul 2023 | 19 | 11.3% | +27.4% | +15.4% |
| Aug 2023 | Aug 2023 | 1 | 2.8% | +44.0% | +14.7% |
| Oct 2023 | Oct 2023 | 3 | 5.6% | +36.6% | +13.0% |
| Oct 2025 | Nov 2025 | 6 | 5.8% | N/A | +1.6% |
| Mar 2026 | Ongoing | 1+ | 3.8% | Ongoing | N/A |
| Average | 17 | — | +32.6% | — |
Frequently Asked Questions
Is LZB below its 200-week moving average?
Yes. As of 2026-03-20, La-Z-Boy Incorporated (LZB) is trading 3.8% below its 200-week moving average of $32.80. The current price is $31.54.
What is LZB's 200-week moving average price?
La-Z-Boy Incorporated's 200-week moving average is $32.80 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when LZB drops below its 200-week moving average?
LZB has crossed below its 200-week moving average 45 times in our data. On average, buying at that moment produced a one-year return of +32.6%. These dips have historically been decent entry points. These episodes lasted 17 weeks on average.
Is LZB a good value right now?
Here's what our data says about LZB as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 27 (oversold). Free cash flow yield is 15.0%. Return on equity is 8.1%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does LZB compare to the S&P 500?
Over the past 33.2 years, $100 invested in LZB would have grown to $646, compared to $2683 for the S&P 500. That's 5.8% annualized vs 10.4% for the index. LZB has underperformed the broader market over this period.
Does LZB pay a dividend?
Yes. La-Z-Boy Incorporated currently pays a dividend yield of 307.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20