Sidoti Csr Expects Weaker Earnings for Hooker Furnishings

Hooker Furnishings Co. (NASDAQ:HOFT - Free Report) - Investment analysts at Sidoti Csr reduced their Q1 2026 earnings per share estimates for shares of Hooker Furnishings in a research note issued on Friday, December 6th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.19 for the quarter, down from their previous estimate of $0.20. The consensus estimate for Hooker Furnishings' current full-year earnings is ($0.37) per share. Sidoti Csr also issued estimates for Hooker Furnishings' Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.51 EPS, FY2026 earnings at $1.29 EPS, Q1 2027 earnings at $0.35 EPS, Q2 2027 earnings at $0.25 EPS, Q3 2027 earnings at $0.50 EPS and FY2027 earnings at $1.65 EPS.

Hooker Furnishings Stock Up 2.3 %

Shares of NASDAQ:HOFT traded up $0.38 during trading on Monday, hitting $16.97. The stock had a trading volume of 20,009 shares, compared to its average volume of 32,752. Hooker Furnishings has a 12 month low of $13.09 and a 12 month high of $27.15. The company has a market capitalization of $181.75 million, a PE ratio of -18.65 and a beta of 1.22. The firm's fifty day moving average is $17.34 and its 200 day moving average is $16.04.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last released its quarterly earnings data 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 negative return on equity of 3.46% and a negative net margin of 2.46%. The business had revenue of $95.08 million during the quarter, compared to analysts' expectations of $93.54 million. During the same quarter last year, the business posted $0.07 EPS.

Hooker Furnishings Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date of this dividend is Friday, December 13th. Hooker Furnishings's dividend payout ratio (DPR) is presently -101.10%.

Institutional Trading of Hooker Furnishings

Institutional investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC lifted its position in Hooker Furnishings by 15.7% during the second quarter. Acadian Asset Management LLC now owns 5,179 shares of the company's stock valued at $74,000 after purchasing an additional 703 shares in the last quarter. Copeland Capital Management LLC purchased a new position in Hooker Furnishings during the third quarter valued at $37,000. Empowered Funds LLC lifted its position in Hooker Furnishings by 5.2% during the third quarter. Empowered Funds LLC now owns 49,188 shares of the company's stock valued at $889,000 after purchasing an additional 2,412 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Hooker Furnishings by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 78,249 shares of the company's stock valued at $1,133,000 after purchasing an additional 2,452 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Hooker Furnishings by 1.0% during the third quarter. Geode Capital Management LLC now owns 241,310 shares of the company's stock valued at $4,364,000 after purchasing an additional 2,493 shares in the last quarter. 73.63% of the stock is currently owned by hedge funds and other institutional investors.

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.