Ethan Allen Interiors (ETD) Expected to Announce Earnings on Wednesday

Ethan Allen Interiors (NYSE:ETD) will likely be releasing its earnings data after the market closes on Wednesday, January 29th. Analysts expect Ethan Allen Interiors to post earnings of $0.60 per share and revenue of $160,600.00 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Ethan Allen Interiors Stock Performance

Ethan Allen Interiors stock opened at $28.92 on Wednesday. The company has a 50 day moving average price of $29.15 and a 200 day moving average price of $29.81. Ethan Allen Interiors has a 52 week low of $26.53 and a 52 week high of $35.62. The firm has a market capitalization of $735.36 million, a price-to-earnings ratio of 11.71 and a beta of 1.31.

Ethan Allen Interiors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.39%. Ethan Allen Interiors’s dividend payout ratio is currently 63.16%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Telsey Advisory Group restated a “market perform” rating and set a $32.00 price target on shares of Ethan Allen Interiors in a report on Thursday, October 31st. Argus restated a “hold” rating on shares of Ethan Allen Interiors in a report on Monday, January 13th.

Insider Activity

In related news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction on Friday, January 17th. The shares were sold at an average price of $28.67, for a total value of $286,700.00. Following the transaction, the chief executive officer now owns 1,651,905 shares in the company, valued at $47,360,116.35. This trade represents a 0.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 10.48% of the stock is owned by insiders.

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.