Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Sidoti Csr cut their Q4 2024 earnings per share (EPS) estimates for shares of Haverty Furniture Companies in a report issued on Tuesday, January 21st. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.30. The consensus estimate for Haverty Furniture Companies' current full-year earnings is $0.88 per share. Sidoti Csr also issued estimates for Haverty Furniture Companies' Q1 2025 earnings at $0.21 EPS, Q2 2025 earnings at $0.23 EPS and FY2025 earnings at $1.74 EPS.
Separately, StockNews.com cut Haverty Furniture Companies from a "buy" rating to a "hold" rating in a report on Friday, October 25th.
Read Our Latest Analysis on Haverty Furniture Companies
Haverty Furniture Companies Price Performance
Haverty Furniture Companies stock traded up $0.28 during midday trading on Thursday, reaching $22.91. 49,990 shares of the company traded hands, compared to its average volume of 96,704. Haverty Furniture Companies has a 12 month low of $21.05 and a 12 month high of $37.05. The business has a 50 day moving average of $22.65 and a two-hundred day moving average of $24.93. The firm has a market capitalization of $375.95 million, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 1.01 and a beta of 1.48.
Haverty Furniture Companies (NYSE:HVT - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.19). The business had revenue of $175.91 million for the quarter, compared to analysts' expectations of $192.85 million. Haverty Furniture Companies had a net margin of 3.57% and a return on equity of 8.69%. During the same period last year, the business earned $1.02 earnings per share.
Haverty Furniture Companies Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.28 annualized dividend and a yield of 5.59%. Haverty Furniture Companies's payout ratio is presently 80.50%.
Hedge Funds Weigh In On Haverty Furniture Companies
A number of institutional investors have recently bought and sold shares of HVT. Harbor Capital Advisors Inc. increased its stake in shares of Haverty Furniture Companies by 8.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company's stock worth $152,000 after purchasing an additional 548 shares in the last quarter. Koss Olinger Consulting LLC increased its stake in Haverty Furniture Companies by 7.0% in the 3rd quarter. Koss Olinger Consulting LLC now owns 15,244 shares of the company's stock worth $419,000 after buying an additional 991 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in Haverty Furniture Companies by 5.9% during the second quarter. Public Sector Pension Investment Board now owns 29,317 shares of the company's stock valued at $741,000 after acquiring an additional 1,638 shares during the period. AXA S.A. lifted its position in shares of Haverty Furniture Companies by 4.9% in the second quarter. AXA S.A. now owns 36,921 shares of the company's stock valued at $934,000 after acquiring an additional 1,721 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in shares of Haverty Furniture Companies by 22.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 13,349 shares of the company's stock worth $297,000 after acquiring an additional 2,426 shares during the period. 80.57% of the stock is owned by institutional investors.
Haverty Furniture Companies Company Profile
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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.
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