Wall Street Zen Downgrades Haverty Furniture Companies (NYSE:HVT) to Buy

Haverty Furniture Companies (NYSE:HVT) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday.

Several other analysts also recently weighed in on HVT. Zacks Research downgraded Haverty Furniture Companies from a “hold” rating to a “strong sell” rating in a research note on Monday, December 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Haverty Furniture Companies in a report on Monday, December 29th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Haverty Furniture Companies Stock Down 0.7%

HVT opened at $23.75 on Friday. The firm’s 50 day moving average is $25.45 and its 200-day moving average is $23.56. Haverty Furniture Companies has a 52-week low of $17.01 and a 52-week high of $27.67. The firm has a market capitalization of $386.33 million, a P/E ratio of 20.30, a P/E/G ratio of 1.06 and a beta of 1.32.

Haverty Furniture Companies (NYSE:HVT) last announced its earnings results on Monday, February 23rd. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. Haverty Furniture Companies had a net margin of 2.60% and a return on equity of 6.45%. The business had revenue of $201.92 million during the quarter, compared to the consensus estimate of $197.47 million. Equities analysts expect that Haverty Furniture Companies will post 0.88 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Haverty Furniture Companies news, Director Rawson Haverty, Jr. sold 7,500 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $24.86, for a total transaction of $186,450.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 8.63% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Haverty Furniture Companies

Institutional investors and hedge funds have recently made changes to their positions in the company. Assenagon Asset Management S.A. acquired a new position in Haverty Furniture Companies in the third quarter worth $1,123,000. GSA Capital Partners LLP bought a new position in shares of Haverty Furniture Companies in the 3rd quarter worth about $1,118,000. Y Intercept Hong Kong Ltd bought a new position in shares of Haverty Furniture Companies in the 2nd quarter worth about $1,288,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Haverty Furniture Companies by 8.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 337,889 shares of the company’s stock valued at $6,876,000 after buying an additional 24,945 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in shares of Haverty Furniture Companies by 146.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,201 shares of the company’s stock valued at $187,000 after buying an additional 5,465 shares during the last quarter. 80.57% of the stock is owned by institutional investors and hedge funds.

Haverty Furniture Companies News Roundup

Here are the key news stories impacting Haverty Furniture Companies this week:

• Positive Sentiment: Haverty recently reported a modest Q4 beat (EPS $0.50 vs. $0.48 consensus) with revenue topping estimates, showing near-term demand resilience. MarketBeat HVT page
• Negative Sentiment: Sidoti cut its FY2026 EPS forecast to $1.95 from $2.32 — a meaningful downward revision that reduces near-term growth expectations and pressure on forward valuation. Sidoti cuts (MarketBeat)
• Negative Sentiment: Sidoti also trimmed a series of quarterly estimates across 2026 and 2027 (examples: Q1 2026 to $0.25 from $0.34; Q2 2026 to $0.34 from $0.47; Q3 2026 to $0.59 from $0.67; Q4 2026 to $0.77 from $0.85; and smaller downward revisions to 2027 quarters). These across-the-board reductions signal Sidoti sees slower margin or sales trends ahead. Sidoti quarterly cuts (MarketBeat)
• Negative Sentiment: Sidoti lowered FY2027 estimates to $3.00 from $3.19, trimming longer-term earnings power expectations and potentially tempering upside in the stock absent stronger execution or guidance. FY2027 revision (MarketBeat)

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.