Ethan Allen Interiors (ETD) Scheduled to Post Earnings on Wednesday

Ethan Allen Interiors (NYSE:ETD) is set to release its earnings data after the market closes on Wednesday, April 24th. Analysts expect Ethan Allen Interiors to post earnings of $0.66 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings results on Wednesday, January 24th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.09). Ethan Allen Interiors had a return on equity of 17.19% and a net margin of 11.37%. The firm had revenue of $167.28 million for the quarter, compared to the consensus estimate of $179.20 million. During the same period last year, the firm earned $1.10 EPS. The company’s revenue for the quarter was down 17.7% on a year-over-year basis. On average, analysts expect Ethan Allen Interiors to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Ethan Allen Interiors Trading Down 0.6 %

NYSE ETD opened at $30.92 on Wednesday. Ethan Allen Interiors has a 1-year low of $24.76 and a 1-year high of $36.19. The stock has a 50-day moving average of $32.40 and a 200-day moving average of $30.23. The firm has a market cap of $785.37 million, a PE ratio of 9.91 and a beta of 1.22.

Ethan Allen Interiors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Tuesday, February 6th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date was Monday, February 5th. Ethan Allen Interiors’s payout ratio is 46.15%.

Institutional Trading of Ethan Allen Interiors

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Wyoming purchased a new stake in Ethan Allen Interiors during the 4th quarter valued at $30,000. Tower Research Capital LLC TRC boosted its stake in shares of Ethan Allen Interiors by 234.8% in the 1st quarter. Tower Research Capital LLC TRC now owns 1,212 shares of the company’s stock worth $34,000 after buying an additional 850 shares during the last quarter. Metropolitan Life Insurance Co NY purchased a new position in shares of Ethan Allen Interiors in the 1st quarter worth $39,000. PNC Financial Services Group Inc. purchased a new position in Ethan Allen Interiors during the first quarter valued at $41,000. Finally, Ameritas Investment Partners Inc. purchased a new position in Ethan Allen Interiors during the first quarter valued at $50,000. Hedge funds and other institutional investors own 83.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group reiterated a “market perform” rating and set a $30.00 target price on shares of Ethan Allen Interiors in a report on Thursday, January 25th.

About Ethan Allen Interiors

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.