Ethan Allen Interiors Inc. (NYSE:ETD – Free Report) – Research analysts at Telsey Advisory Group reduced their Q1 2025 earnings estimates for Ethan Allen Interiors in a research note issued to investors on Thursday, October 24th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will post earnings per share of $0.58 for the quarter, down from their prior forecast of $0.60. Telsey Advisory Group has a “Market Perform” rating and a $32.00 price objective on the stock. The consensus estimate for Ethan Allen Interiors’ current full-year earnings is $2.40 per share. Telsey Advisory Group also issued estimates for Ethan Allen Interiors’ FY2025 earnings at $2.35 EPS and FY2026 earnings at $2.65 EPS.
Ethan Allen Interiors (NYSE:ETD – Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.13. The business had revenue of $168.63 million for the quarter, compared to analysts’ expectations of $159.65 million. Ethan Allen Interiors had a return on equity of 13.45% and a net margin of 9.88%. The firm’s quarterly revenue was down 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 EPS.
Ethan Allen Interiors Trading Up 0.1 %
Hedge Funds Weigh In On Ethan Allen Interiors
Institutional investors have recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. grew its position in Ethan Allen Interiors by 52.3% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 59,708 shares of the company’s stock valued at $2,064,000 after acquiring an additional 20,511 shares during the last quarter. North Star Investment Management Corp. grew its stake in shares of Ethan Allen Interiors by 3.6% during the first quarter. North Star Investment Management Corp. now owns 174,850 shares of the company’s stock valued at $6,045,000 after buying an additional 6,000 shares during the last quarter. Prosperity Consulting Group LLC bought a new position in shares of Ethan Allen Interiors during the first quarter valued at about $569,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Ethan Allen Interiors by 32.1% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,987 shares of the company’s stock worth $622,000 after buying an additional 4,367 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in shares of Ethan Allen Interiors by 15.0% in the 1st quarter. BNP Paribas Financial Markets now owns 31,501 shares of the company’s stock valued at $1,089,000 after acquiring an additional 4,098 shares during the last quarter. 83.80% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, CEO M Farooq Kathwari sold 10,000 shares of the firm’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $30.87, for a total transaction of $308,700.00. Following the sale, the chief executive officer now owns 1,698,905 shares in the company, valued at approximately $52,445,197.35. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 30,000 shares of company stock valued at $929,700 in the last quarter. Corporate insiders own 10.48% of the company’s stock.
Ethan Allen Interiors Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Tuesday, August 13th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date of this dividend was Tuesday, August 13th. Ethan Allen Interiors’s dividend payout ratio is currently 62.90%.
About Ethan Allen Interiors
Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.
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