FY2024 Earnings Estimate for HVT Issued By Sidoti Csr

Haverty Furniture Companies, Inc. (NYSE:HVT) – Analysts at Sidoti Csr dropped their FY2024 earnings per share estimates for shares of Haverty Furniture Companies in a research note issued to investors on Tuesday, January 21st. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.89 per share for the year, down from their prior estimate of $1.00. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $0.93 per share. Sidoti Csr also issued estimates for Haverty Furniture Companies’ Q3 2025 earnings at $0.57 EPS, Q4 2025 earnings at $0.74 EPS, Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.85 EPS and Q4 2026 earnings at $1.06 EPS.

Separately, StockNews.com lowered shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report on Friday, October 25th.

Haverty Furniture Companies Stock Performance

Shares of Haverty Furniture Companies stock opened at $22.60 on Wednesday. Haverty Furniture Companies has a 52-week low of $21.05 and a 52-week high of $37.05. The company has a fifty day moving average of $22.65 and a 200-day moving average of $24.93. The stock has a market capitalization of $370.92 million, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48.

Haverty Furniture Companies (NYSE:HVT) last issued its earnings results on Wednesday, October 30th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.19). The firm had revenue of $175.91 million during the quarter, compared to analysts’ expectations of $192.85 million. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%. During the same period in the prior year, the company earned $1.02 EPS.

Haverty Furniture Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.28 annualized dividend and a yield of 5.66%. Haverty Furniture Companies’s payout ratio is currently 80.50%.

Institutional Trading of Haverty Furniture Companies

A number of institutional investors have recently made changes to their positions in the stock. Point72 DIFC Ltd bought a new stake in Haverty Furniture Companies during the 3rd quarter valued at $70,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Haverty Furniture Companies in the third quarter valued at about $88,000. US Bancorp DE bought a new position in shares of Haverty Furniture Companies during the third quarter valued at about $109,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Haverty Furniture Companies by 8.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company’s stock worth $152,000 after purchasing an additional 548 shares during the period. Finally, Quest Partners LLC bought a new stake in shares of Haverty Furniture Companies in the third quarter worth about $185,000. Hedge funds and other institutional investors own 80.57% of the company’s stock.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.