Ethan Allen Interiors' (ETD) Market Perform Rating Reiterated at Telsey Advisory Group

Key Points

• Telsey Advisory Group has reiterated a "market perform" rating for Ethan Allen Interiors (ETD) and set a price target of $30.00, indicating a potential downside of 2.36% from the stock's previous close.
• The company's latest earnings report revealed an EPS of $0.49, surpassing estimates, although revenue decreased by 4.9% year-over-year.
• Insider CEO M. Farooq Kathwari sold 10,000 shares of stock, reducing their stake in the company by 0.62% to just over 1.6 million shares.

Telsey Advisory Group reiterated their market perform rating on shares of Ethan Allen Interiors (NYSE:ETD - Free Report) in a report issued on Thursday,Benzinga reports. Telsey Advisory Group currently has a $30.00 price objective on the stock. Telsey Advisory Group also issued estimates for Ethan Allen Interiors' Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.52 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.53 EPS, FY2026 earnings at $1.90 EPS, Q1 2027 earnings at $0.51 EPS, Q2 2027 earnings at $0.60 EPS, Q3 2027 earnings at $0.48 EPS, Q4 2027 earnings at $0.61 EPS, FY2027 earnings at $2.20 EPS and FY2027 earnings at $2.40 EPS.

Ethan Allen Interiors Trading Up 2.3%

Shares of Ethan Allen Interiors stock traded up $0.65 on Thursday, reaching $29.21. The stock had a trading volume of 264,924 shares, compared to its average volume of 293,124. The business's 50 day moving average is $28.15 and its two-hundred day moving average is $27.98. The company has a market cap of $742.78 million, a P/E ratio of 14.53 and a beta of 1.19. Ethan Allen Interiors has a 1 year low of $24.55 and a 1 year high of $33.77.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.04. Ethan Allen Interiors had a net margin of 8.39% and a return on equity of 10.92%. The business had revenue of $160.36 million for the quarter, compared to analysts' expectations of $152.20 million. During the same quarter in the prior year, the business earned $0.70 EPS. The business's revenue for the quarter was down 4.9% compared to the same quarter last year. On average, equities analysts anticipate that Ethan Allen Interiors will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Wednesday, August 13th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Wednesday, August 13th. Ethan Allen Interiors's payout ratio is currently 77.61%.

Insider Activity

In other news, CEO M Farooq Kathwari sold 10,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $26.85, for a total transaction of $268,500.00. Following the completion of the sale, the chief executive officer owned 1,611,905 shares in the company, valued at approximately $43,279,649.25. The trade was a 0.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders have sold 11,366 shares of company stock valued at $305,390. 10.48% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ETD. Gilman Hill Asset Management LLC bought a new stake in shares of Ethan Allen Interiors in the second quarter worth $6,202,000. Jacobs Levy Equity Management Inc. purchased a new position in Ethan Allen Interiors during the first quarter valued at approximately $3,254,000. JPMorgan Chase & Co. boosted its stake in shares of Ethan Allen Interiors by 177.1% during the 4th quarter. JPMorgan Chase & Co. now owns 147,525 shares of the company's stock worth $4,147,000 after acquiring an additional 94,287 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Ethan Allen Interiors by 31.2% in the first quarter. Jane Street Group LLC now owns 371,979 shares of the company's stock worth $10,304,000 after acquiring an additional 88,383 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Ethan Allen Interiors in the 4th quarter valued at $2,480,000. 83.80% of the stock is currently owned by hedge funds and other institutional investors.

Ethan Allen Interiors Company Profile

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.