Q4 EPS Estimate for Hooker Furnishings Decreased by Analyst

Hooker Furnishings Corp. (NASDAQ:HOFT) – Equities researchers at Sidoti cut their Q4 2026 earnings estimates for Hooker Furnishings in a report issued on Monday, April 6th. Sidoti analyst A. Lebiedzinski now forecasts that the company will earn $0.05 per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.44) per share. Sidoti also issued estimates for Hooker Furnishings’ Q2 2027 earnings at $0.05 EPS, Q3 2027 earnings at $0.37 EPS and FY2027 earnings at $0.76 EPS.

Several other research analysts also recently issued reports on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Hooker Furnishings in a report on Thursday, January 22nd. Zacks Research upgraded shares of Hooker Furnishings from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded shares of Hooker Furnishings from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Hooker Furnishings Stock Down 3.2%

Shares of NASDAQ:HOFT opened at $13.20 on Tuesday. The company has a fifty day moving average of $13.53 and a 200-day moving average of $11.62. The company has a market capitalization of $142.30 million, a PE ratio of -4.70, a price-to-earnings-growth ratio of 1.09 and a beta of 1.34. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.35 and a current ratio of 2.67. Hooker Furnishings has a 52-week low of $7.34 and a 52-week high of $15.99.

Hooker Furnishings Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Monday, March 16th. Hooker Furnishings’s dividend payout ratio is presently -16.37%.

Institutional Trading of Hooker Furnishings

A number of institutional investors and hedge funds have recently bought and sold shares of HOFT. Empowered Funds LLC increased its holdings in Hooker Furnishings by 7.2% in the first quarter. Empowered Funds LLC now owns 55,319 shares of the company’s stock valued at $555,000 after purchasing an additional 3,696 shares during the period. Jane Street Group LLC acquired a new stake in Hooker Furnishings in the first quarter valued at $146,000. Strs Ohio acquired a new stake in Hooker Furnishings in the first quarter valued at $124,000. Marshall Wace LLP acquired a new stake in Hooker Furnishings in the second quarter valued at $495,000. Finally, Jump Financial LLC acquired a new stake in Hooker Furnishings in the second quarter valued at $202,000. 73.60% of the stock is currently owned by institutional investors and hedge funds.

Hooker Furnishings Company Profile

Hooker Furnishings, formerly known as Hooker Furniture Corporation, is a designer, marketer and distributor of high-quality home furnishings. Headquartered in Martinsville, Virginia, the company offers a broad range of wood and upholstered furniture products across bedroom, dining, home office and accent categories. Its portfolio includes solid wood and engineered wood case goods, upholstered seating, accent tables and decorative accessories, reflecting styles that range from traditional to contemporary.

The company’s operations are organized into three reportable segments: Domestic Wholesale, Retail and Logistics, and International.