ETD FY2025 EPS Forecast Lifted by Telsey Advisory Group

Ethan Allen Interiors Inc. (NYSE:ETD) – Research analysts at Telsey Advisory Group raised their FY2025 EPS estimates for Ethan Allen Interiors in a report issued on Thursday, January 30th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will post earnings of $2.32 per share for the year, up from their previous estimate of $2.30. Telsey Advisory Group has a “Market Perform” rating and a $32.00 price target on the stock. The consensus estimate for Ethan Allen Interiors’ current full-year earnings is $2.30 per share.

Ethan Allen Interiors (NYSE:ETD) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%.

Separately, Argus reiterated a “hold” rating on shares of Ethan Allen Interiors in a report on Monday, January 13th.

Ethan Allen Interiors Stock Down 2.2 %

NYSE ETD opened at $31.01 on Monday. The company has a 50-day simple moving average of $29.18 and a two-hundred day simple moving average of $29.88. Ethan Allen Interiors has a 12-month low of $26.53 and a 12-month high of $35.62. The firm has a market cap of $788.58 million, a price-to-earnings ratio of 13.03 and a beta of 1.31.

Ethan Allen Interiors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Tuesday, February 11th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.03%. Ethan Allen Interiors’s dividend payout ratio is currently 65.55%.

Insider Transactions at Ethan Allen Interiors

In related news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $28.67, for a total value of $286,700.00. Following the completion of the transaction, the chief executive officer now directly owns 1,651,905 shares of the company’s stock, valued at $47,360,116.35. This represents a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 10.48% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ethan Allen Interiors

A number of institutional investors have recently bought and sold shares of ETD. Jane Street Group LLC raised its stake in Ethan Allen Interiors by 679.5% in the third quarter. Jane Street Group LLC now owns 266,161 shares of the company’s stock worth $8,488,000 after buying an additional 232,015 shares in the last quarter. Millennium Management LLC raised its stake in Ethan Allen Interiors by 2,127.1% in the second quarter. Millennium Management LLC now owns 157,480 shares of the company’s stock worth $4,392,000 after buying an additional 150,409 shares in the last quarter. Hodges Capital Management Inc. raised its stake in Ethan Allen Interiors by 17.9% in the fourth quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company’s stock worth $18,162,000 after buying an additional 98,227 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Ethan Allen Interiors in the third quarter worth about $1,132,000. Finally, Kovitz Investment Group Partners LLC increased its stake in shares of Ethan Allen Interiors by 401.3% during the third quarter. Kovitz Investment Group Partners LLC now owns 39,760 shares of the company’s stock valued at $1,258,000 after purchasing an additional 31,828 shares in the last quarter. 83.80% of the stock is owned by institutional investors.

Ethan Allen Interiors Company Profile

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.