Hooker Furnishings (HOFT) Projected to Post Earnings on Thursday

Hooker Furnishings (NASDAQ:HOFT) is projected to announce its earnings results before the market opens on Thursday, April 10th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $101.25 million for the quarter.

Hooker Furnishings Price Performance

Hooker Furnishings stock opened at $10.39 on Thursday. The company has a market cap of $111.28 million, a price-to-earnings ratio of -11.42, a PEG ratio of 0.85 and a beta of 1.16. The company has a quick ratio of 1.76, a current ratio of 3.16 and a debt-to-equity ratio of 0.10. The firm’s fifty day moving average is $12.40 and its 200 day moving average is $14.95. Hooker Furnishings has a 52-week low of $9.86 and a 52-week high of $23.85.

Hooker Furnishings Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.23 dividend. The ex-dividend date was Monday, March 17th. This represents a $0.92 annualized dividend and a yield of 8.85%. Hooker Furnishings’s dividend payout ratio (DPR) is currently -101.10%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Hooker Furnishings from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

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.