Haverty Furniture Companies (HVT) to Release Earnings on Wednesday

Haverty Furniture Companies (NYSE:HVT - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Haverty Furniture Companies to post earnings of $0.49 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.09. The business had revenue of $178.60 million for the quarter, compared to analysts' expectations of $182.37 million. Haverty Furniture Companies had a return on equity of 12.58% and a net margin of 4.91%. On average, analysts expect Haverty Furniture Companies to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Haverty Furniture Companies Stock Down 0.5 %

HVT traded down $0.13 during trading on Friday, hitting $23.74. 145,668 shares of the stock were exchanged, compared to its average volume of 182,705. The stock has a fifty day moving average price of $26.48 and a two-hundred day moving average price of $27.41. Haverty Furniture Companies has a 1-year low of $23.09 and a 1-year high of $37.05. The firm has a market capitalization of $385.44 million, a P/E ratio of 8.63, a PEG ratio of 1.46 and a beta of 1.45.

Haverty Furniture Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Monday, August 26th were paid a $0.32 dividend. The ex-dividend date was Monday, August 26th. This represents a $1.28 dividend on an annualized basis and a yield of 5.39%. Haverty Furniture Companies's dividend payout ratio is presently 46.55%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Haverty Furniture Companies from a "hold" rating to a "buy" rating in a report on Thursday, October 17th.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.