KeyCorp Weighs in on Ethan Allen Interiors Inc.’s FY2022 Earnings (NYSE:ETD)

Ethan Allen Interiors Inc. (NYSE:ETDGet Rating) – Stock analysts at KeyCorp lifted their FY2022 earnings estimates for Ethan Allen Interiors in a research report issued on Thursday, April 28th. KeyCorp analyst B. Thomas now forecasts that the company will post earnings per share of $3.50 for the year, up from their previous forecast of $3.35. KeyCorp also issued estimates for Ethan Allen Interiors’ Q4 2022 earnings at $0.81 EPS.

Other equities analysts also recently issued research reports about the stock. StockNews.com began coverage on shares of Ethan Allen Interiors in a report on Thursday, March 31st. They set a “buy” rating for the company. Zacks Investment Research downgraded shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th.

Shares of ETD opened at $23.74 on Monday. Ethan Allen Interiors has a 1 year low of $22.02 and a 1 year high of $32.15. The company has a market cap of $600.65 million, a price-to-earnings ratio of 6.74 and a beta of 1.11. The firm has a fifty day moving average of $25.90 and a 200-day moving average of $25.24.

Ethan Allen Interiors (NYSE:ETDGet Rating) last released its quarterly earnings data on Thursday, April 28th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.17. The firm had revenue of $197.66 million during the quarter, compared to the consensus estimate of $197.10 million. Ethan Allen Interiors had a net margin of 11.73% and a return on equity of 24.66%. The firm’s revenue was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.58 earnings per share.

A number of hedge funds have recently bought and sold shares of ETD. First Citizens Bank & Trust Co. acquired a new stake in Ethan Allen Interiors in the fourth quarter worth about $215,000. Pacer Advisors Inc. acquired a new stake in Ethan Allen Interiors in the first quarter worth about $4,156,000. Everence Capital Management Inc. acquired a new stake in Ethan Allen Interiors in the first quarter worth about $429,000. Maryland State Retirement & Pension System acquired a new stake in Ethan Allen Interiors in the first quarter worth about $232,000. Finally, Cim LLC acquired a new stake in Ethan Allen Interiors in the first quarter worth about $356,000. 86.63% of the stock is owned by institutional investors and hedge funds.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 25th. Investors of record on Tuesday, May 10th will be issued a $0.32 dividend. The ex-dividend date is Monday, May 9th. This represents a $1.28 annualized dividend and a yield of 5.39%. This is an increase from Ethan Allen Interiors’s previous quarterly dividend of $0.29. Ethan Allen Interiors’s dividend payout ratio is presently 32.95%.

About Ethan Allen Interiors (Get Rating)

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 items comprising 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.

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Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETD)

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