Leon's Furniture (TSX:LNF) Shares Outstanding (Basic Average): 69 Mil (As of Mar. 2026)


TSX:LNF Leon's Furniture Ltd TSX:LNF
78 GF Score
Price C$23.85
GF Value C$25.35
Valuation Fairly Valued
! 3 Warning Signs
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What is Leon's Furniture Shares Outstanding (Basic Average)?

Leon's Furniture TSX:LNF -0.96% 78 Shares Outstanding (Basic Average) is 69 Mil as of Mar. 2026. GuruFocus rates TSX:LNF with a GF Score™ of 78/100 and a GF Value™ of C$25.35 (Fairly Valued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Leon's Furniture's average basic shares outstanding for the quarter that ended in Mar. 2026 was 69 Mil.

Leon's Furniture  (TSX:LNF) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Leon's Furniture Shares Outstanding (Basic Average) Related Terms

Leon's Furniture Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Leon's Furniture's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Leon's Furniture Shares Outstanding (Basic Average) Chart

Leon's Furniture Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.62 67.51 67.96 68.14 68.41

Leon's Furniture Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.21 68.25 68.42 68.77 68.84
TSX:LNF
78GF Score
Leon's Furniture Ltd TSX:LNF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Leon's Furniture Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 69 Mil mean?
Leon's Furniture (TSX:LNF) has a Shares Outstanding (Basic Average) of 69 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Leon's Furniture and its competitors.
Is Leon's Furniture's Shares Outstanding (Basic Average) too high?
Leon's Furniture's current Shares Outstanding (Basic Average) is 69 Mil. Overall, Leon's Furniture has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leon's Furniture's Shares Outstanding (Basic Average) compare to CASY and WSM?
Leon's Furniture's Shares Outstanding (Basic Average) of 69 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Retail - Cyclical company?
A good Shares Outstanding (Basic Average) depends on the Retail - Cyclical industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Leon's Furniture and its competitors. Leon's Furniture's current Shares Outstanding (Basic Average) is 69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leon's Furniture stock overvalued right now?
Based on GuruFocus' analysis, Leon's Furniture (TSX:LNF) is currently considered Fairly Valued. The stock's GF Value™ is C$25.35, compared to a current price of C$23.85 — trading 5.9% below its estimated fair value. The current Shares Outstanding (Basic Average) is 69 Mil. Leon's Furniture's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Leon's Furniture (TSX:LNF), the current Shares Outstanding (Basic Average) is 69 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Leon's Furniture (TSX:LNF) Overvalued in 2026?

Based on GuruFocus' analysis, Leon's Furniture stock appears to be undervalued. The current stock price of C$23.85 is trading 5.9% below its estimated GF Value™ of C$25.35. GuruFocus considers Leon's Furniture to be Fairly Valued.

Key valuation signals for TSX:LNF:

  • Shares Outstanding (Basic Average): 69 Mil
  • GF Value™: C$25.35 vs. price of C$23.85 (5.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSX:LNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Leon's Furniture Business Description

Other Exchanges LEFUF:USA74W:Germany
Address 45 Gordon Mackay Road, Toronto, ON, CAN, M9N 3X3
Leon's Furniture Ltd operates a network of home furniture, appliances, electronics, and mattress stores in Canada. Its retail banners include: Leon's; The Brick; Brick Outlet and The Brick Mattress Store, The Brick's Midnorthern Appliance, and Appliance Canada. The group's customers mainly include retail consumers, builders, developers, hotels, and property management companies. Additionally, it operates six e-commerce sites: leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservices.com, and applicancecanada.com. The group has two operating segments, Leon's and The Brick, which are aggregated into a single reportable segment. It generates maximum revenue from the sale of goods at stores, followed by income from franchise operations, the sale of extended warranties, etc.
78GF Score

Get the complete analysis for TSX:LNF

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$23.85
Price
C$25.35
GF Value