Sidoti Csr Predicts Lower Earnings for Hooker Furnishings

Hooker Furnishings Co. (NASDAQ:HOFT) – Research analysts at Sidoti Csr lowered their Q3 2025 EPS estimates for shares of Hooker Furnishings in a report released on Monday, October 28th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.02 for the quarter, down from their prior forecast of $0.09. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.25) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ FY2025 earnings at ($0.37) EPS.

Hooker Furnishings Stock Down 4.8 %

HOFT opened at $16.03 on Wednesday. The firm has a market cap of $171.75 million, a price-to-earnings ratio of 123.31 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 business’s 50 day moving average is $16.54 and its two-hundred day moving average is $16.05.

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

Hooker Furnishings Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a $0.23 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.92 annualized dividend and a yield of 5.74%. Hooker Furnishings’s dividend payout ratio (DPR) is 707.69%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Azarias Capital Management L.P. boosted its stake in shares of Hooker Furnishings by 23.8% during 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 period. American Century Companies Inc. grew its stake in shares of Hooker Furnishings by 18.0% in the 2nd quarter. American Century Companies Inc. now owns 204,614 shares of the company’s stock valued at $2,963,000 after purchasing an additional 31,261 shares during the last quarter. Acuitas Investments LLC purchased a new position in shares of Hooker Furnishings in the 2nd quarter valued at approximately $1,180,000. Bank of New York Mellon Corp increased its holdings in shares of Hooker Furnishings by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 78,249 shares of the company’s stock valued at $1,133,000 after purchasing an additional 2,452 shares during the period. Finally, Foundry Partners LLC raised its stake in shares of Hooker Furnishings by 95.1% during the second quarter. Foundry Partners LLC now owns 70,605 shares of the company’s stock worth $1,022,000 after purchasing an additional 34,410 shares during the last quarter. 73.63% of the stock is owned by hedge funds and other institutional investors.

About Hooker Furnishings

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.