Q3 2024 EPS Estimates for Haverty Furniture Companies, Inc. (NYSE:HVT) Cut by Sidoti Csr

Haverty Furniture Companies, Inc. (NYSE:HVT) – Research analysts at Sidoti Csr decreased their Q3 2024 earnings per share (EPS) estimates for shares of Haverty Furniture Companies in a note issued to investors on Thursday, September 26th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.52 per share for the quarter, down from their previous forecast of $0.59. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $1.51 per share. Sidoti Csr also issued estimates for Haverty Furniture Companies’ Q4 2024 earnings at $0.67 EPS, Q1 2025 earnings at $0.53 EPS, Q3 2025 earnings at $0.97 EPS and Q4 2025 earnings at $1.08 EPS.

Separately, StockNews.com upgraded Haverty Furniture Companies from a “hold” rating to a “buy” rating in a report on Thursday, August 22nd.

Haverty Furniture Companies Price Performance

HVT stock opened at $27.21 on Monday. The firm has a market capitalization of $441.78 million, a P/E ratio of 9.89, a P/E/G ratio of 1.51 and a beta of 1.45. The business’s 50-day moving average is $27.40 and its two-hundred day moving average is $28.21. Haverty Furniture Companies has a 1 year low of $23.09 and a 1 year high of $37.05.

Haverty Furniture Companies (NYSE:HVT) last posted its earnings results on Wednesday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.09. Haverty Furniture Companies had a return on equity of 12.58% and a net margin of 4.91%. The firm had revenue of $178.60 million for the quarter, compared to analyst estimates of $182.37 million.

Haverty Furniture Companies Dividend Announcement

The business also recently announced 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 of this dividend was Monday, August 26th. This represents a $1.28 annualized dividend and a dividend yield of 4.70%. Haverty Furniture Companies’s dividend payout ratio (DPR) is currently 46.55%.

Institutional Trading of Haverty Furniture Companies

Several hedge funds have recently modified their holdings of HVT. Acadian Asset Management LLC raised its holdings in shares of Haverty Furniture Companies by 1.3% in the second quarter. Acadian Asset Management LLC now owns 31,855 shares of the company’s stock worth $804,000 after acquiring an additional 395 shares during the last quarter. Wulff Hansen & CO. grew its position in Haverty Furniture Companies by 2.9% during the second quarter. Wulff Hansen & CO. now owns 22,662 shares of the company’s stock valued at $573,000 after acquiring an additional 648 shares during the period. Texas Permanent School Fund Corp lifted its stake in shares of Haverty Furniture Companies by 6.1% during the second quarter. Texas Permanent School Fund Corp now owns 12,388 shares of the company’s stock worth $313,000 after purchasing an additional 714 shares in the last quarter. EMC Capital Management lifted its stake in shares of Haverty Furniture Companies by 10.3% during the first quarter. EMC Capital Management now owns 8,064 shares of the company’s stock worth $275,000 after purchasing an additional 750 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in shares of Haverty Furniture Companies by 1.5% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 60,706 shares of the company’s stock worth $2,071,000 after acquiring an additional 907 shares in the last quarter. 80.57% of the stock is owned by institutional investors and hedge funds.

Haverty Furniture Companies Company Profile

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.