Hooker Furnishings Co. (NASDAQ:HOFT - Free Report) - Equities researchers at Sidoti Csr lowered their Q1 2026 earnings per share (EPS) estimates for Hooker Furnishings in a research report issued on Thursday, April 10th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.06 for the quarter, down from their prior forecast of $0.13. The consensus estimate for Hooker Furnishings' current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings' Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.39 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.19 EPS, Q3 2027 earnings at $0.48 EPS, Q4 2027 earnings at $0.51 EPS and FY2027 earnings at $1.45 EPS.
Separately, StockNews.com upgraded shares of Hooker Furnishings from a "sell" rating to a "hold" rating in a research note on Saturday.
Check Out Our Latest Research Report on Hooker Furnishings
Hooker Furnishings Stock Down 5.3 %
Shares of NASDAQ:HOFT traded down $0.42 during midday trading on Friday, hitting $7.44. The stock had a trading volume of 44,604 shares, compared to its average volume of 64,950. The company has a quick ratio of 1.76, a current ratio of 3.16 and a debt-to-equity ratio of 0.10. The business's 50-day simple moving average is $11.40 and its 200-day simple moving average is $14.26. Hooker Furnishings has a 12 month low of $7.44 and a 12 month high of $19.79. The company has a market cap of $79.68 million, a P/E ratio of -8.18, a PEG ratio of 0.85 and a beta of 1.23.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of HOFT. GAMMA Investing LLC boosted its holdings in shares of Hooker Furnishings by 9,630.8% during the first quarter. GAMMA Investing LLC now owns 5,060 shares of the company's stock worth $504,000 after acquiring an additional 5,008 shares during the period. Deutsche Bank AG increased its position in Hooker Furnishings by 97.5% during the fourth quarter. Deutsche Bank AG now owns 14,494 shares of the company's stock worth $203,000 after acquiring an additional 7,157 shares during the period. Bridgeway Capital Management LLC grew its position in shares of Hooker Furnishings by 1.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 129,987 shares of the company's stock worth $1,821,000 after purchasing an additional 1,535 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Hooker Furnishings by 13.3% during the fourth quarter. Bank of America Corp DE now owns 16,008 shares of the company's stock worth $224,000 after purchasing an additional 1,875 shares during the period. Finally, 4WEALTH Advisors Inc. bought a new stake in shares of Hooker Furnishings in the fourth quarter valued at approximately $222,000. Institutional investors and hedge funds own 73.63% of the company's stock.
Hooker Furnishings Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 12.37%. The ex-dividend date was Monday, March 17th. Hooker Furnishings's payout ratio is presently -101.10%.
Hooker Furnishings Company Profile
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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.
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