Haverty Furniture Companies (HVT) to Release Earnings on Wednesday

Haverty Furniture Companies (NYSE:HVT) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 30th. Analysts expect Haverty Furniture Companies to post earnings of $0.49 per share for the quarter.

Haverty Furniture Companies (NYSE:HVT) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. The business had revenue of $178.60 million during the quarter, compared to analyst estimates of $182.37 million. Haverty Furniture Companies had a net margin of 4.91% and a return on equity of 12.58%. On average, analysts expect Haverty Furniture Companies to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Haverty Furniture Companies Stock Down 2.5 %

Shares of HVT opened at $23.83 on Friday. The company’s fifty day moving average is $26.48 and its two-hundred day moving average is $27.41. Haverty Furniture Companies has a fifty-two week low of $23.09 and a fifty-two week high of $37.05. The firm has a market cap of $386.82 million, a PE ratio of 8.66, a price-to-earnings-growth ratio of 1.46 and a beta of 1.45.

Haverty Furniture Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Monday, August 26th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.37%. The ex-dividend date was Monday, August 26th. Haverty Furniture Companies’s dividend payout ratio (DPR) is 46.55%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Haverty Furniture Companies from a “hold” rating to a “buy” rating in a research note on Thursday, October 17th.

Haverty Furniture Companies Company Profile

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.