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 reaffirmed their market perform rating on shares of Ethan Allen Interiors (NYSE:ETD - Free Report) in a research report sent to investors on Thursday,Benzinga reports. Telsey Advisory Group currently has a $30.00 price target 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 Stock Performance

Shares of NYSE ETD traded down $1.27 during midday trading on Thursday, hitting $28.50. 426,044 shares of the stock traded hands, compared to its average volume of 223,625. The firm has a market capitalization of $724.76 million, a P/E ratio of 14.18 and a beta of 1.19. Ethan Allen Interiors has a one year low of $24.55 and a one year high of $33.77. The firm has a 50-day moving average of $28.15 and a two-hundred day moving average of $27.99.

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 for the quarter, beating analysts' consensus estimates of $0.45 by $0.04. Ethan Allen Interiors had a return on equity of 10.92% and a net margin of 8.39%. The company had revenue of $160.36 million for the quarter, compared to the consensus estimate of $152.20 million. During the same quarter in the prior year, the company earned $0.70 earnings per share. Ethan Allen Interiors's revenue was down 4.9% on a year-over-year basis. Equities analysts forecast that Ethan Allen Interiors will post 2.32 earnings per share for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Wednesday, August 13th will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, August 13th. This represents a $1.56 dividend on an annualized basis and a yield of 5.5%. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 77.61%.

Insiders Place Their Bets

In other news, CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction on Monday, May 19th. The shares were sold at an average price of $26.85, for a total value of $268,500.00. Following the completion of the sale, the chief executive officer directly owned 1,611,905 shares of the company's stock, valued at $43,279,649.25. This represents a 0.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 11,366 shares of company stock worth $305,390 over the last quarter. 10.48% of the stock is owned by insiders.

Hedge Funds Weigh In On Ethan Allen Interiors

Hedge funds have recently made changes to their positions in the business. Allianz Asset Management GmbH grew its holdings in Ethan Allen Interiors by 5.1% during the 2nd quarter. Allianz Asset Management GmbH now owns 7,783 shares of the company's stock valued at $217,000 after purchasing an additional 377 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Ethan Allen Interiors by 44.0% during the second quarter. IFP Advisors Inc now owns 1,306 shares of the company's stock valued at $36,000 after acquiring an additional 399 shares in the last quarter. Unison Advisors LLC boosted its holdings in shares of Ethan Allen Interiors by 1.4% in the first quarter. Unison Advisors LLC now owns 30,872 shares of the company's stock valued at $855,000 after purchasing an additional 414 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Ethan Allen Interiors by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,006 shares of the company's stock worth $366,000 after purchasing an additional 448 shares in the last quarter. Finally, SummerHaven Investment Management LLC increased its holdings in Ethan Allen Interiors by 1.6% during the 1st quarter. SummerHaven Investment Management LLC now owns 28,914 shares of the company's stock worth $801,000 after purchasing an additional 463 shares during the period. Institutional investors own 83.80% of the company's stock.

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.