Equities Analysts Offer Predictions for HOFT FY2025 Earnings

Hooker Furnishings Co. (NASDAQ:HOFT - Free Report) - Investment analysts at Sidoti Csr dropped their FY2025 earnings estimates for Hooker Furnishings in a report released on Thursday, April 10th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings of ($0.45) per share for the year, down from their prior forecast of ($0.44). The consensus estimate for Hooker Furnishings' current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings' Q2 2026 earnings at $0.06 EPS and FY2026 earnings at $0.85 EPS.

Separately, StockNews.com upgraded Hooker Furnishings from a "sell" rating to a "hold" rating in a research note on Saturday, April 12th.

Hooker Furnishings Trading Up 14.8 %

NASDAQ:HOFT traded up $1.12 on Monday, hitting $8.69. 257,217 shares of the stock were exchanged, compared to its average volume of 42,214. Hooker Furnishings has a fifty-two week low of $7.34 and a fifty-two week high of $19.79. The stock has a fifty day moving average of $11.20 and a 200-day moving average of $14.15. The company has a current ratio of 3.16, a quick ratio of 1.76 and a debt-to-equity ratio of 0.10. The stock has a market cap of $93.07 million, a PE ratio of -9.55, a PEG ratio of 0.85 and a beta of 1.23.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last released its earnings results on Thursday, April 17th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.15). Hooker Furnishings had a negative return on equity of 3.51% and a negative net margin of 2.46%. The company had revenue of $104.46 million during the quarter, compared to analyst estimates of $101.25 million. During the same period in the prior year, the business posted $0.06 earnings per share.

Hooker Furnishings Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.23 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 10.59%. Hooker Furnishings's dividend payout ratio (DPR) is presently -101.10%.

Hedge Funds Weigh In On Hooker Furnishings

Several large investors have recently modified their holdings of HOFT. Pzena Investment Management LLC lifted its position in shares of Hooker Furnishings by 3.8% in the 4th quarter. Pzena Investment Management LLC now owns 1,335,593 shares of the company's stock worth $18,712,000 after buying an additional 49,212 shares during the last quarter. Azarias Capital Management L.P. boosted its stake in Hooker Furnishings by 10.3% during the 4th quarter. Azarias Capital Management L.P. now owns 754,328 shares of the company's stock valued at $10,568,000 after purchasing an additional 70,281 shares in the last quarter. Geode Capital Management LLC grew its holdings in Hooker Furnishings by 1.0% during the third quarter. Geode Capital Management LLC now owns 241,310 shares of the company's stock worth $4,364,000 after acquiring an additional 2,493 shares during the period. State Street Corp increased its holdings in shares of Hooker Furnishings by 4.9% in the third quarter. State Street Corp now owns 172,370 shares of the company's stock valued at $3,116,000 after buying an additional 8,117 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Hooker Furnishings by 0.5% during the fourth quarter. Northern Trust Corp now owns 170,582 shares of the company's stock valued at $2,390,000 after purchasing an additional 889 shares during the last quarter. Institutional investors own 73.63% of the company's stock.

Hooker Furnishings Company Profile

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.