La-Z-Boy's stock has risen 31% in the last three years despite a 11% decline in earnings per share and a 6.8% drop in revenue. The company's TSR over the last three years was 40%, largely driven by its dividend payments.

La-Z-Boy Incorporated's (NYSE:LZB) stock has fallen 11% in the last quarter despite a three-year earnings decline. The company's revenue has dropped 6.8%, and its earnings per share have declined 11% annually. However, the TSR over the last 3 years was 40%, largely due to its dividend payments. The market's optimism has grown, with a $102m increase in market cap in the past week.

La-Z-Boy Incorporated (NYSE:LZB) has experienced a significant drop in its stock price, declining by 11% in the last quarter despite a three-year earnings decline. The company's revenue has dropped by 6.8%, and its earnings per share have declined by 11% annually. However, the total shareholder return (TSR) over the last three years was 40%, primarily driven by dividend payments. The market's optimism has grown, with a $102 million increase in market cap in the past week.

Analysts have provided mixed opinions on the company. While some analysts have a Moderate Buy consensus rating with an average price target of $45.00, others have a Strong Buy consensus rating with an average price target of $66.11 [2]. The recent CPI report showing inflation holding steady at 2.7% has bolstered investor optimism for a potential interest rate cut by the Federal Reserve, which could stimulate economic growth and benefit companies like La-Z-Boy.

La-Z-Boy's stock performance over the past three years has been underwhelming, with a gain of only 31% compared to an index fund's gain of 31%. However, the company's revenue and earnings data suggest that the market's perception of the company's value may not be solely based on these metrics. The company's revenue drop of 6.8% and earnings per share decline of 11% annually indicate a challenging period for the company. Nevertheless, the company's dividend payments have contributed significantly to its total shareholder return.

Investors should closely monitor La-Z-Boy's stock for potential opportunities. The recent market cap increase and mixed analyst ratings suggest that the company's fundamentals may be improving, but further research is required to determine the long-term growth trend. Additionally, investors should be aware of the company's insider buying activity, as it could provide further insights into the company's prospects.

References:
[1] https://finance.yahoo.com/news/optimism-la-z-boy-nyse-124908213.html
[2] https://www.ainvest.com/news/consumer-cyclical-stocks-analysts-mixed-opinions-dorman-products-la-boy-incorporated-holding-ag-2508/