Sidoti Csr Forecasts Lower Earnings for Hooker Furnishings

Hooker Furnishings Co. (NASDAQ:HOFT) – Equities research analysts at Sidoti Csr reduced their Q4 2025 earnings per share estimates for Hooker Furnishings in a research report issued on Monday, October 28th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.19 for the quarter, down from their prior estimate of $0.23. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.25) per share.

Hooker Furnishings (NASDAQ:HOFT) last announced its quarterly earnings data on Thursday, September 5th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.06). The business had revenue of $95.08 million during the quarter, compared to the consensus estimate of $93.54 million. Hooker Furnishings had a net margin of 0.40% and a return on equity of 0.72%. During the same quarter last year, the company earned $0.07 EPS.

Hooker Furnishings Stock Performance

NASDAQ HOFT opened at $16.84 on Tuesday. The company has a market capitalization of $179.88 million, a PE ratio of 43.18 and a beta of 1.18. Hooker Furnishings has a 52-week low of $13.09 and a 52-week high of $27.15. The company has a 50-day simple moving average of $16.54 and a 200 day simple moving average of $16.05.

Hooker Furnishings Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were paid a dividend of $0.23 per share. The ex-dividend date was Friday, September 13th. This represents a $0.92 annualized dividend and a dividend yield of 5.46%. Hooker Furnishings’s payout ratio is currently 235.90%.

Institutional Investors Weigh In On Hooker Furnishings

A number of hedge funds have recently modified their holdings of HOFT. Azarias Capital Management L.P. increased its position in Hooker Furnishings by 23.8% in the second quarter. Azarias Capital Management L.P. now owns 624,415 shares of the company’s stock worth $9,042,000 after buying an additional 120,219 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Hooker Furnishings by 18.0% during the 2nd quarter. American Century Companies Inc. now owns 204,614 shares of the company’s stock worth $2,963,000 after acquiring an additional 31,261 shares during the period. Acuitas Investments LLC bought a new position in shares of Hooker Furnishings during the 2nd quarter worth $1,180,000. Bank of New York Mellon Corp increased its holdings in Hooker Furnishings by 3.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 78,249 shares of the company’s stock worth $1,133,000 after acquiring an additional 2,452 shares during the last quarter. Finally, Foundry Partners LLC raised its stake in Hooker Furnishings by 95.1% in the 2nd quarter. Foundry Partners LLC now owns 70,605 shares of the company’s stock valued at $1,022,000 after acquiring an additional 34,410 shares during the period. Institutional investors own 73.63% of the company’s stock.

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.