Ethan Allen Interiors Inc. (NYSE:ETD - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $25.35 and last traded at $26.03, with a volume of 241325 shares. The stock had previously closed at $28.04.
Analyst Ratings Changes
Several equities analysts have weighed in on the stock. Telsey Advisory Group reaffirmed a "market perform" rating and set a $32.00 price target on shares of Ethan Allen Interiors in a report on Thursday, January 30th. Argus restated a "hold" rating on shares of Ethan Allen Interiors in a research note on Monday, January 13th.
Read Our Latest Stock Report on ETD
Ethan Allen Interiors Price Performance
The firm has a 50-day moving average of $28.39 and a 200-day moving average of $29.12. The stock has a market cap of $670.72 million, a PE ratio of 11.12 and a beta of 1.18.
Ethan Allen Interiors (NYSE:ETD - Get Free Report) last released its earnings results on Wednesday, January 29th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. Equities analysts forecast that Ethan Allen Interiors Inc. will post 2.32 EPS for the current fiscal year.
Ethan Allen Interiors Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.91%. Ethan Allen Interiors's payout ratio is 65.55%.
Insider Transactions at Ethan Allen Interiors
In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $28.67, for a total transaction of $286,700.00. Following the completion of the transaction, the chief executive officer now owns 1,651,905 shares in the company, valued at $47,360,116.35. This trade represents a 0.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders have sold 30,000 shares of company stock valued at $846,400. 10.48% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC raised its stake in Ethan Allen Interiors by 5,743.0% during the first quarter. GAMMA Investing LLC now owns 22,437 shares of the company's stock valued at $622,000 after purchasing an additional 22,053 shares in the last quarter. Total Wealth Planning & Management Inc. purchased a new stake in shares of Ethan Allen Interiors during the 4th quarter valued at about $401,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Ethan Allen Interiors in the 4th quarter valued at about $2,480,000. PharVision Advisers LLC purchased a new position in Ethan Allen Interiors in the fourth quarter worth about $310,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Ethan Allen Interiors by 6.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 39,241 shares of the company's stock worth $1,103,000 after acquiring an additional 2,389 shares in the last quarter. 83.80% of the stock is owned by hedge funds and other institutional investors.
Ethan Allen Interiors Company Profile
(
Get Free Report)
Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.
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