Sidoti Csr Has Optimistic Outlook of HVT FY2025 Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT) – Sidoti Csr upped their FY2025 earnings per share (EPS) estimates for Haverty Furniture Companies in a research report issued on Thursday, May 1st. Sidoti Csr analyst A. Lebiedzinski now expects that the company will earn $1.50 per share for the year, up from their previous forecast of $1.45. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $0.88 per share. Sidoti Csr also issued estimates for Haverty Furniture Companies’ Q3 2026 earnings at $0.85 EPS and Q4 2026 earnings at $1.10 EPS.

Haverty Furniture Companies (NYSE:HVT) last announced its earnings results on Wednesday, April 30th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.14 by $0.09. Haverty Furniture Companies had a net margin of 3.57% and a return on equity of 8.69%. The company had revenue of $181.60 million during the quarter, compared to analysts’ expectations of $178.36 million.

Other research analysts have also issued reports about the company. StockNews.com lowered Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, April 30th. Sidoti raised shares of Haverty Furniture Companies to a “hold” rating in a research report on Tuesday, April 29th.

Haverty Furniture Companies Stock Performance

NYSE HVT opened at $20.25 on Monday. The firm’s 50 day moving average price is $19.84 and its two-hundred day moving average price is $21.70. Haverty Furniture Companies has a twelve month low of $17.01 and a twelve month high of $30.13. The stock has a market cap of $327.93 million, a price-to-earnings ratio of 12.74, a PEG ratio of 1.15 and a beta of 1.36.

Haverty Furniture Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Thursday, March 6th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.28 dividend on an annualized basis and a yield of 6.32%. Haverty Furniture Companies’s payout ratio is 101.59%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Barclays PLC increased its holdings in Haverty Furniture Companies by 96.3% in the third quarter. Barclays PLC now owns 37,047 shares of the company’s stock worth $1,018,000 after buying an additional 18,174 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Haverty Furniture Companies during the 3rd quarter worth $88,000. Franklin Resources Inc. raised its holdings in shares of Haverty Furniture Companies by 3.6% during the 3rd quarter. Franklin Resources Inc. now owns 127,518 shares of the company’s stock valued at $3,259,000 after purchasing an additional 4,449 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of Haverty Furniture Companies by 8.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company’s stock valued at $152,000 after purchasing an additional 548 shares during the last quarter. Finally, Kanen Wealth Management LLC boosted its holdings in Haverty Furniture Companies by 266.8% in the fourth quarter. Kanen Wealth Management LLC now owns 213,477 shares of the company’s stock worth $4,752,000 after purchasing an additional 155,273 shares in the last quarter. 80.57% of the stock is owned by institutional investors and hedge funds.

About Haverty Furniture Companies

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.