Arhaus, Inc. (NASDAQ:ARHS) Short Interest Update

Arhaus, Inc. (NASDAQ:ARHSGet Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 3,277,990 shares, a decline of 17.5% from the February 26th total of 3,971,219 shares. Currently, 2.4% of the shares of the company are short sold. Based on an average trading volume of 1,550,673 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. State of Alaska Department of Revenue purchased a new position in shares of Arhaus during the third quarter worth about $28,000. Larson Financial Group LLC raised its stake in Arhaus by 89.8% in the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock valued at $30,000 after purchasing an additional 1,315 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Arhaus during the third quarter valued at approximately $30,000. Global Retirement Partners LLC purchased a new position in Arhaus in the 4th quarter worth approximately $39,000. Finally, Johnson Investment Counsel Inc. purchased a new position in Arhaus in the 3rd quarter worth approximately $49,000. Hedge funds and other institutional investors own 27.88% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group restated a “hold” rating and set a $9.50 price target on shares of Arhaus in a research note on Thursday, February 26th. Telsey Advisory Group increased their price objective on Arhaus from $12.00 to $13.00 and gave the company a “market perform” rating in a report on Thursday, February 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Stifel Nicolaus set a $12.00 target price on Arhaus in a research note on Monday, March 2nd. Finally, Morgan Stanley upped their price target on Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $11.00.

Get Our Latest Stock Analysis on ARHS

Arhaus Price Performance

ARHS opened at $6.50 on Monday. The company has a fifty day moving average price of $8.80 and a 200-day moving average price of $9.94. The firm has a market capitalization of $917.28 million, a P/E ratio of 13.54, a price-to-earnings-growth ratio of 1.35 and a beta of 2.54. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.37 and a quick ratio of 0.62. Arhaus has a one year low of $6.43 and a one year high of $12.98.

Arhaus (NASDAQ:ARHSGet Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $364.85 million for the quarter, compared to the consensus estimate of $351.53 million. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 earnings per share. Equities research analysts expect that Arhaus will post 0.46 earnings per share for the current fiscal year.

Arhaus Announces Dividend

The firm also recently declared a special dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 18th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, March 18th.

Arhaus Company Profile

(Get Free Report)

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.

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