Sidoti Equities Analysts Cut Earnings Estimates for HVT

Key Points

• Sidoti lowered Haverty Furniture’s Q3 2026 EPS estimate to $0.47 from $0.50, while forecasting $1.70 in FY2026 earnings and $3.00 in FY2027 earnings.
• Haverty Furniture’s latest quarterly results exceeded expectations, with EPS of $0.25 versus $0.23 expected and revenue of $194.94 million versus $189.19 million anticipated.
• The stock was trading near $27.43, with an average analyst rating of “Hold”; the company pays a $0.33 quarterly dividend, equivalent to a 4.8% annual yield.

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Equities researchers at Sidoti cut their Q3 2026 EPS estimates for shares of Haverty Furniture Companies in a report released on Thursday, October 1st. Sidoti analyst A. Lebiedzinski now forecasts that the company will post earnings per share of $0.47 for the quarter, down from their previous estimate of $0.50. The consensus estimate for Haverty Furniture Companies' current full-year earnings is $1.62 per share. Sidoti also issued estimates for Haverty Furniture Companies' Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $1.70 EPS, Q1 2027 earnings at $0.50 EPS, Q2 2027 earnings at $0.56 EPS and FY2027 earnings at $3.00 EPS.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. Haverty Furniture Companies had a return on equity of 7.15% and a net margin of 2.93%.The company had revenue of $194.94 million for the quarter, compared to the consensus estimate of $189.19 million.

A number of other brokerages also recently commented on HVT. Zacks Research raised Haverty Furniture Companies from a "strong sell" rating to a "hold" rating in a report on Monday, July 6th. Wall Street Zen raised Haverty Furniture Companies from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Finally, Weiss Ratings upgraded shares of Haverty Furniture Companies from a "hold (c-)" rating to a "hold (c+)" rating in a report on Tuesday, August 18th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Haverty Furniture Companies presently has an average rating of "Hold".

Haverty Furniture Companies Trading Down 0.9%

HVT stock opened at $27.43 on Friday. The company has a market capitalization of $427.56 million, a P/E ratio of 20.17, a PEG ratio of 1.42 and a beta of 1.22. The business has a 50 day simple moving average of $27.53 and a 200-day simple moving average of $24.59. Haverty Furniture Companies has a twelve month low of $19.89 and a twelve month high of $29.83.

Institutional Investors Weigh In On Haverty Furniture Companies

Institutional investors have recently bought and sold shares of the stock. Legal & General Group Plc purchased a new position in shares of Haverty Furniture Companies in the 2nd quarter worth $32,000. Fifth Third Bancorp purchased a new position in shares of Haverty Furniture Companies in the 1st quarter worth about $49,000. Ieq Capital LLC purchased a new stake in shares of Haverty Furniture Companies during the 2nd quarter worth about $205,000. Icon Advisers Inc. Co. acquired a new stake in Haverty Furniture Companies during the 1st quarter worth approximately $227,000. Finally, GSA Capital Partners LLP acquired a new position in Haverty Furniture Companies during the second quarter valued at approximately $235,000. 80.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Haverty Furniture Companies

In other Haverty Furniture Companies news, Chairman Clarence Smith sold 20,991 shares of the firm's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $28.16, for a total value of $591,106.56. Following the sale, the chairman directly owned 71,705 shares of the company's stock, valued at approximately $2,019,212.80. This trade represents a 22.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.40% of the stock is currently owned by corporate insiders.

Haverty Furniture Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a dividend of $0.33 per share. The ex-dividend date was Tuesday, August 25th. This represents a $1.32 annualized dividend and a dividend yield of 4.8%. Haverty Furniture Companies's dividend payout ratio (DPR) is 97.06%.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc is a specialty retailer of residential furniture and related home furnishings. The company sells products for living rooms, bedrooms, dining rooms, home offices and other areas of the home, including upholstered furniture, case goods, mattresses, rugs, lighting and home accessories.

Founded in Atlanta in 1885 by James J. Haverty, the company operates under the Havertys name and serves customers through a network of retail stores and its e-commerce platform.

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