How have HOFT shares performed in 2024?

Hooker Furnishings' stock was trading at $26.08 on January 1st, 2024. Since then, HOFT stock has decreased by 29.3% and is now trading at $18.43. View the best growth stocks for 2024 here .

Are investors shorting Hooker Furnishings?

Hooker Furnishings saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 144,700 shares, a decrease of 18.2% from the March 15th total of 176,900 shares. Based on an average daily trading volume, of 33,800 shares, the short-interest ratio is presently 4.3 days. Currently, 1.4% of the shares of the stock are short sold. View Hooker Furnishings' Short Interest .

When is Hooker Furnishings' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024. View our HOFT earnings forecast .

How were Hooker Furnishings' earnings last quarter?

Hooker Furnishings Co. (NASDAQ:HOFT) released its quarterly earnings results on Friday, September, 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.19. The firm had revenue of $97.81 million for the quarter. Hooker Furnishings had a trailing twelve-month return on equity of 4.33% and a net margin of 2.28%.

How often does Hooker Furnishings pay dividends? What is the dividend yield for Hooker Furnishings?

Hooker Furnishings declared a quarterly dividend on Monday, March 4th. Stockholders of record on Monday, March 18th will be paid a dividend of $0.23 per share on Friday, March 29th. This represents a $0.92 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Friday, March 15th. Read our dividend analysis for HOFT .

Is Hooker Furnishings a good dividend stock?

Hooker Furnishings (NASDAQ:HOFT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.98%. HOFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 101.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HOFT will have a dividend payout ratio of 48.94% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HOFT .

What is Paul B. Toms Jr.'s approval rating as Hooker Furnishings' CEO?

12 employees have rated Hooker Furnishings Chief Executive Officer Paul B. Toms Jr. on Glassdoor.com . Paul B. Toms Jr. has an approval rating of 93% among the company's employees. This puts Paul B. Toms Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Hooker Furnishings to a friend.

What other stocks do shareholders of Hooker Furnishings own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hooker Furnishings investors own include Alibaba Group (BABA) , Boeing (BA) , Caterpillar (CAT) , AbbVie (ABBV) , The Goldman Sachs Group (GS) , Honda Motor (HMC) , AT&T (T) , Exxon Mobil (XOM) , Home Depot (HD) and International Business Machines (IBM) .

Who are Hooker Furnishings' major shareholders?

Hooker Furnishings' stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.83%). Insiders that own company stock include Anne J Smith, Henry G Williamson Jr , Maria C Duey, Paul A Huckfeldt, Tonya Harris Jackson and W Christopher Beeler Jr. View institutional ownership trends .

How do I buy shares of Hooker Furnishings?

Shares of HOFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Hooker Furnishings have any subsidiaries?

The following companies are subsidiares of Hooker Furnishings: Bradington-Young, Home Meridian International, Sam Moore Furniture, and Shenandoah Furniture. Read More

NASDAQ:HOFT

Hooker Furnishings (HOFT) Stock Price, News & Analysis

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Free HOFT Stock Alerts

$18.32

+0.26 (+1.44%)

(As of 04/19/2024 ET)

Compare

Today's Range: $17.91
▼
$18.54
50-Day Range: $18.06
▼
$25.70
52-Week Range: $14.73
▼
$27.15

Volume: 35,844 shs
Average Volume: 40,847 shs
Market Capitalization: $195.27 million

P/E Ratio: 20.13
Dividend Yield: 5.02%
Price Target: N/A

Get Hooker Furnishings alerts:

Hooker Furnishings MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.39% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.26
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 55.37%
From $1.21 to $1.88 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.89 out of 5 stars

Consumer Discretionary Sector

88th out of 262 stocks

Household Furniture Industry

3rd out of 8 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Hooker Furnishings.

4.0

Short Interest

Percentage of Shares Shorted
1.39% of the float of Hooker Furnishings has been sold short.
Short Interest Ratio / Days to Cover
Hooker Furnishings has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Hooker Furnishings has recently decreased by 18.20%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Hooker Furnishings is a leading dividend payer. It pays a dividend yield of 4.98%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Hooker Furnishings has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of Hooker Furnishings is 101.10%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Hooker Furnishings will have a dividend payout ratio of 48.94% next year. This indicates that Hooker Furnishings will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HOFT.

2.1

News and Social Media Coverage

News Sentiment
Hooker Furnishings has a news sentiment score of -0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Hooker Furnishings this week, compared to 1 article on an average week.
Search Interest
6 people have searched for HOFT on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Hooker Furnishings to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hooker Furnishings insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Hooker Furnishings is held by insiders.
Percentage Held by Institutions
73.63% of the stock of Hooker Furnishings is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Hooker Furnishings are expected to grow by 55.37% in the coming year, from $1.21 to $1.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hooker Furnishings is 20.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hooker Furnishings is 20.25, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.77.
Price to Earnings Growth Ratio
Hooker Furnishings has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Hooker Furnishings has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Hooker Furnishings Stock (NASDAQ:HOFT)

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's 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. Its Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand. This segment also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name; and ready-to-assemble furniture under the HMidea brand. The company's Domestic Upholstery segment offers motion and stationary leather furniture under the Bradington-Young brand; occasional chairs, settees, sofas, and sectional seating under the Sam Moore Furniture brand; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. It also supplies upholstered seating and casegoods to upscale senior living and assisted living facilities through designers, design firms, industry dealers, and distributors under the H Contract brand; and interior designer products under the Lifestyle Brands name. The company sells home furnishing products through retailers, such as independent furniture stores, department stores, mass merchants, national chains, catalog merchants, interior designers, e-commerce retailers, and warehouse clubs primarily in North America. Hooker Furnishings Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia.

HOFT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HOFT Stock News Headlines

April 12, 2024 | marketbeat.com

2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding

Furniture stocks The Lovesac Company NASDAQ: LOVE and Hooker Furnishings NASDAQ: HOFT are lower following their Q4 reports opening a buy-the-dip opportunity. Near-term headwinds hamper these stocks, but they are rapidly improving their operational quality and building leverage for a rebound expected to begin soon.

April 12, 2024 | marketbeat.com

2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding (HOFT)

The furniture business is down due to weakness in housing, but long-term indicators are favorable, and the FOMC is on track to cut rates, so a rebound is ahead.

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April 16, 2024 | msn.com

Hooker Furnishings Corporation (NASDAQ:HOFT) Q4 2024 Earnings Call Transcript

April 16, 2024 | americanbankingnews.com

Hooker Furnishings (NASDAQ:HOFT) Stock Rating Lowered by StockNews.com

April 13, 2024 | seekingalpha.com

Hooker Furnishings Corporation (HOFT) Q4 2024 Earnings Call Transcript

April 12, 2024 | finance.yahoo.com

Hooker Furnishings Corp (HOFT) Q4 2024 Earnings Call Transcript Highlights: Navigating Market ...

April 11, 2024 | investorplace.com

HOFT Stock Earnings: Hooker Furnishings Misses EPS, Misses Revenue for Q4 2024

April 19, 2024 | Crypto 101 Media (Ad)

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April 11, 2024 | sfgate.com

Hooker Furniture: Fiscal Q4 Earnings Snapshot

April 11, 2024 | markets.businessinsider.com

Hooker Furnishings Turns To Q4 Profit, But Sales Decline

April 11, 2024 | globenewswire.com

Hooker Furnishings Reports Improved Profitability in 2024 Fiscal Year

April 9, 2024 | americanbankingnews.com

Hooker Furnishings (NASDAQ:HOFT) Upgraded at StockNews.com

April 7, 2024 | finance.yahoo.com

Should You Think About Buying Hooker Furnishings Corporation (NASDAQ:HOFT) Now?

March 27, 2024 | benzinga.com

Stonegate Updates Coverage on Hooker Furniture Corporation (NASDAQ: HOFT) Q3 2023 Update

March 25, 2024 | globenewswire.com

Hooker Furnishings to Host Fourth Quarter and Full Year Earnings Call April 11th

March 21, 2024 | finance.yahoo.com

Shareholders in Hooker Furnishings (NASDAQ:HOFT) are in the red if they invested three years ago

March 16, 2024 | finance.yahoo.com

HOFT Apr 2024 22.500 call

March 16, 2024 | finance.yahoo.com

HOFT Apr 2024 22.500 put

March 10, 2024 | seekingalpha.com

Hooker Furnishings: Facing Headwinds That Could Lead To Underperformance

March 5, 2024 | finance.yahoo.com

Are Investors Undervaluing Hooker Furnishings Corporation (NASDAQ:HOFT) By 32%?

March 5, 2024 | msn.com

Hooker Furniture declares $0.23 dividend

March 5, 2024 | globenewswire.com

Hooker Furnishings Declares Quarterly Dividend

February 22, 2024 | stocknews.com

Top 3 Home Improvement Stocks to Buy for Growth

February 7, 2024 | finance.yahoo.com

Richard Pzena Adjusts Position in Hooker Furnishings Corp

February 6, 2024 | nz.finance.yahoo.com

Donald Smith & Co Adjusts Position in Hooker Furnishings Corp

February 2, 2024 | finance.yahoo.com

HOFT vs. WSC: Which Stock Should Value Investors Buy Now?

See More Headlines

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Company Calendar

Last Earnings: 9/08/2023
Ex-Dividend for 3/29 Dividend: 3/15/2024
Dividend Payable: 3/29/2024
Today: 4/19/2024
Next Earnings (Estimated): 6/13/2024
Fiscal Year End: 1/31/2025

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Household furniture
Sub-Industry: Home Furnishings
Current Symbol: NASDAQ:HOFT
CUSIP: 43903810
CIK: 1077688
Web: www.hookerfurniture.com
Phone: (276) 632-2133
Fax: 276-632-0026
Employees: 1,259
Year Founded: 1924

Profitability

EPS (Most Recent Fiscal Year): $0.91
Trailing P/E Ratio: 20.13
Forward P/E Ratio: 15.14
P/E Growth: 1.07
Net Income: $9.86 million
Net Margins: 2.28%
Pretax Margin: 2.87%
Return on Equity: 4.33%
Return on Assets: 2.79%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 3.98
Quick Ratio: 2.31

Sales & Book Value

Annual Sales: $433.23 million
Price / Sales: 0.45
Cash Flow: $1.78 per share
Price / Cash Flow: 10.31
Book Value: $20.83 per share
Price / Book: 0.88

Miscellaneous

Outstanding Shares: 10,659,000
Free Float: 10,456,000
Market Cap: $195.27 million
Optionable: Optionable
Beta: 1.06

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Key Executives

Mr. Jeremy R. Hoff (Age 51)
CEO & Director
Comp: $586.99k
Mr. Paul A. Huckfeldt (Age 66)
CFO and Senior VP of Finance & Accounting
Comp: $374.06k
Mr. Tod R. Phelps (Age 55)
Senior VP of Operations & Chief Information Officer
Comp: $302.46k
Ms. Anne M. Jacobsen Smith (Age 62)
Chief Administration Officer & President of Domestic Upholstery
Comp: $336.41k
Mr. Johne Albanese
Chief Marketing Officer
Mr. Michael H. Harris (Age 59)
President of Hooker Casegoods & Upholstery
Mr. C. Earl Armstrong III
Corporate Controller & Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HOFT Stock Analysis - Frequently Asked Questions

How have HOFT shares performed in 2024?: Hooker Furnishings' stock was trading at $26.08 on January 1st, 2024. Since then, HOFT stock has decreased by 29.3% and is now trading at $18.43.
View the best growth stocks for 2024 here.
Are investors shorting Hooker Furnishings?: Hooker Furnishings saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 144,700 shares, a decrease of 18.2% from the March 15th total of 176,900 shares. Based on an average daily trading volume, of 33,800 shares, the short-interest ratio is presently 4.3 days. Currently, 1.4% of the shares of the stock are short sold.
View Hooker Furnishings' Short Interest.
When is Hooker Furnishings' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our HOFT earnings forecast.
How were Hooker Furnishings' earnings last quarter?: Hooker Furnishings Co. (NASDAQ:HOFT) released its quarterly earnings results on Friday, September, 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.19. The firm had revenue of $97.81 million for the quarter. Hooker Furnishings had a trailing twelve-month return on equity of 4.33% and a net margin of 2.28%.
How often does Hooker Furnishings pay dividends? What is the dividend yield for Hooker Furnishings?: Hooker Furnishings declared a quarterly dividend on Monday, March 4th. Stockholders of record on Monday, March 18th will be paid a dividend of $0.23 per share on Friday, March 29th. This represents a $0.92 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Friday, March 15th.
Read our dividend analysis for HOFT.
Is Hooker Furnishings a good dividend stock?: Hooker Furnishings (NASDAQ:HOFT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.98%. HOFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 101.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HOFT will have a dividend payout ratio of 48.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HOFT.

What is Paul B. Toms Jr.'s approval rating as Hooker Furnishings' CEO?: 12 employees have rated Hooker Furnishings Chief Executive Officer Paul B. Toms Jr. on Glassdoor.com. Paul B. Toms Jr. has an approval rating of 93% among the company's employees. This puts Paul B. Toms Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Hooker Furnishings to a friend.
What other stocks do shareholders of Hooker Furnishings own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hooker Furnishings investors own include Alibaba Group (BABA), Boeing (BA), Caterpillar (CAT), AbbVie (ABBV), The Goldman Sachs Group (GS), Honda Motor (HMC), AT&T (T), Exxon Mobil (XOM), Home Depot (HD) and International Business Machines (IBM).
Who are Hooker Furnishings' major shareholders?: Hooker Furnishings' stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.83%). Insiders that own company stock include Anne J Smith, Henry G Williamson Jr, Maria C Duey, Paul A Huckfeldt, Tonya Harris Jackson and W Christopher Beeler Jr.
View institutional ownership trends.
How do I buy shares of Hooker Furnishings?: Shares of HOFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Hooker Furnishings have any subsidiaries?: The following companies are subsidiares of Hooker Furnishings: Bradington-Young, Home Meridian International, Sam Moore Furniture, and Shenandoah Furniture.
Read More

This page (NASDAQ:HOFT) was last updated on 4/19/2024 by MarketBeat.com Staff

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