Sidoti Csr Issues Positive Estimate for HVT Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT) – Equities researchers at Sidoti Csr upped their Q4 2026 earnings per share (EPS) estimates for shares of Haverty Furniture Companies in a research note issued to investors on Tuesday, February 25th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings of $1.11 per share for the quarter, up from their previous forecast of $1.06. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $0.88 per share.

Haverty Furniture Companies (NYSE:HVT) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.17 by $0.30. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%. The business had revenue of $184.35 million for the quarter, compared to analyst estimates of $179.84 million.

Haverty Furniture Companies Stock Down 2.1 %

NYSE HVT opened at $22.52 on Thursday. Haverty Furniture Companies has a 52 week low of $21.04 and a 52 week high of $34.98. The business’s fifty day simple moving average is $22.12 and its 200-day simple moving average is $24.11. The firm has a market cap of $369.51 million, a PE ratio of 14.16, a P/E/G ratio of 1.15 and a beta of 1.48.

Institutional Trading of Haverty Furniture Companies

Several institutional investors and hedge funds have recently bought and sold shares of HVT. Pzena Investment Management LLC purchased a new stake in Haverty Furniture Companies in the 3rd quarter valued at about $19,768,000. Jane Street Group LLC raised its holdings in Haverty Furniture Companies by 1,258.1% in the 3rd quarter. Jane Street Group LLC now owns 363,894 shares of the company’s stock valued at $9,996,000 after buying an additional 337,099 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in Haverty Furniture Companies in the 3rd quarter valued at about $6,129,000. Kanen Wealth Management LLC raised its holdings in Haverty Furniture Companies by 266.8% in the 4th quarter. Kanen Wealth Management LLC now owns 213,477 shares of the company’s stock valued at $4,752,000 after buying an additional 155,273 shares during the period. Finally, CWA Asset Management Group LLC purchased a new stake in Haverty Furniture Companies in the 3rd quarter valued at about $3,956,000. 80.57% of the stock is currently owned by hedge funds and other institutional investors.

Haverty Furniture Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 6th will be issued a $0.32 dividend. The ex-dividend date is Thursday, March 6th. This represents a $1.28 annualized dividend and a yield of 5.68%. Haverty Furniture Companies’s dividend payout ratio (DPR) is currently 109.40%.

About Haverty Furniture Companies

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.