Sidoti Csr Reduces Earnings Estimates for Hooker Furnishings

Hooker Furnishings Co. (NASDAQ:HOFT - Free Report) - Equities researchers at Sidoti Csr decreased their Q3 2025 earnings per share (EPS) estimates for shares of Hooker Furnishings in a research note issued to investors on Monday, October 28th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.02 per share for the quarter, down from their prior forecast of $0.09. The consensus estimate for Hooker Furnishings' current full-year earnings is ($0.25) per share. Sidoti Csr also issued estimates for Hooker Furnishings' FY2025 earnings at ($0.37) EPS.

Hooker Furnishings Stock Performance

NASDAQ HOFT traded down $0.05 during trading hours on Wednesday, reaching $16.84. 22,993 shares of the company's stock were exchanged, compared to its average volume of 34,071. The company has a market capitalization of $179.88 million, a price-to-earnings ratio of 43.18 and a beta of 1.18. The company's 50-day moving average is $16.54 and its two-hundred day moving average is $16.05. Hooker Furnishings has a one year low of $13.09 and a one year high of $27.15.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last released its earnings results on Thursday, September 5th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.06). Hooker Furnishings had a net margin of 0.40% and a return on equity of 0.72%. The company had revenue of $95.08 million during the quarter, compared to analyst estimates of $93.54 million. During the same period in the previous year, the company posted $0.07 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Foundry Partners LLC bought a new stake in Hooker Furnishings in the 1st quarter valued at approximately $869,000. American Century Companies Inc. boosted its holdings in Hooker Furnishings by 18.0% during the second quarter. American Century Companies Inc. now owns 204,614 shares of the company's stock worth $2,963,000 after purchasing an additional 31,261 shares during the last quarter. Azarias Capital Management L.P. grew its position in Hooker Furnishings by 23.8% in the second quarter. Azarias Capital Management L.P. now owns 624,415 shares of the company's stock valued at $9,042,000 after purchasing an additional 120,219 shares in the last quarter. Acadian Asset Management LLC bought a new position in Hooker Furnishings in the first quarter valued at $107,000. Finally, American National Bank & Trust Co. VA bought a new stake in Hooker Furnishings during the 1st quarter worth about $357,000. 73.63% of the stock is owned by institutional investors and hedge funds.

Hooker Furnishings Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 5.46%. The ex-dividend date of this dividend was Friday, September 13th. Hooker Furnishings's dividend payout ratio is 235.90%.

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.