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Hooker Furnishings (HOFT) to Release Earnings on Thursday

Hooker Furnishings logo with Consumer Discretionary background
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Hooker Furnishings (NASDAQ:HOFT - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $101.25 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Hooker Furnishings Trading Down 0.7 %

NASDAQ:HOFT traded down $0.06 on Monday, reaching $9.10. 104,226 shares of the stock traded hands, compared to its average volume of 41,353. The company has a current ratio of 3.16, a quick ratio of 1.76 and a debt-to-equity ratio of 0.10. Hooker Furnishings has a 1-year low of $8.03 and a 1-year high of $23.32. The company's 50 day moving average is $12.13 and its 200-day moving average is $14.74. The firm has a market capitalization of $97.46 million, a price-to-earnings ratio of -10.00, a price-to-earnings-growth ratio of 0.85 and a beta of 1.23.

Hooker Furnishings Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 10.11%. The ex-dividend date was Monday, March 17th. Hooker Furnishings's dividend payout ratio (DPR) is presently -101.10%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Hooker Furnishings from a "hold" rating to a "sell" rating in a research report on Friday.

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View Our Latest Analysis on Hooker Furnishings

About Hooker Furnishings

(Get Free Report)

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.

See Also

Earnings History for Hooker Furnishings (NASDAQ:HOFT)

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