Ethan Allen Interiors Inc. (NYSE:ETD) Short Interest Update

Key Points

• Short interest fell 14.6% in April to 1,807,154 shares, implying a short-interest ratio of about 4.4 days and roughly 7.9% of the company's shares sold short.
• The board declared a quarterly dividend of $0.39 (annualized $1.56), yielding about 7.5% with an ex-dividend date of May 13, though the dividend payout ratio is high at ~90.7%.
• Q3 results were mixed: EPS beat at $0.24 vs. $0.21 consensus but revenue was down ~4.8% YoY and profitability slid, even as operating cash flow strengthened ~48%; management also warned of $15–$20M annual tariff exposure and analysts' consensus target is $24 (mostly "Hold").

Ethan Allen Interiors Inc. (NYSE:ETD - Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 1,807,154 shares, a drop of 14.6% from the March 31st total of 2,116,642 shares. Based on an average trading volume of 411,747 shares, the short-interest ratio is presently 4.4 days. Currently, 7.9% of the shares of the company are short sold.

Institutional Investors Weigh In On Ethan Allen Interiors

A number of institutional investors have recently added to or reduced their stakes in the stock. Dakota Wealth Management increased its position in Ethan Allen Interiors by 2.5% during the fourth quarter. Dakota Wealth Management now owns 17,535 shares of the company's stock worth $400,000 after buying an additional 430 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its position in Ethan Allen Interiors by 6.2% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 8,590 shares of the company's stock worth $253,000 after buying an additional 500 shares during the period. Unison Advisors LLC increased its position in Ethan Allen Interiors by 1.6% during the first quarter. Unison Advisors LLC now owns 32,603 shares of the company's stock worth $726,000 after buying an additional 517 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Ethan Allen Interiors by 4.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,544 shares of the company's stock worth $375,000 after buying an additional 538 shares during the period. Finally, Federated Hermes Inc. increased its holdings in shares of Ethan Allen Interiors by 2.2% in the third quarter. Federated Hermes Inc. now owns 24,543 shares of the company's stock valued at $723,000 after purchasing an additional 539 shares during the period. 83.80% of the stock is owned by hedge funds and other institutional investors.

Ethan Allen Interiors Stock Performance

ETD traded down $0.49 during trading on Friday, reaching $20.85. 613,190 shares of the company traded hands, compared to its average volume of 384,067. Ethan Allen Interiors has a 12-month low of $20.74 and a 12-month high of $31.41. The firm has a fifty day simple moving average of $22.37 and a 200 day simple moving average of $23.59. The company has a market cap of $530.71 million, a P/E ratio of 13.20 and a beta of 1.16.

Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.03. Ethan Allen Interiors had a net margin of 6.81% and a return on equity of 8.52%. The business had revenue of $135.84 million during the quarter, compared to analyst estimates of $134.85 million. During the same period last year, the firm posted $0.38 EPS. The company's revenue was down 4.8% on a year-over-year basis. As a group, sell-side analysts expect that Ethan Allen Interiors will post 1.54 earnings per share for the current fiscal year.

Ethan Allen Interiors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Wednesday, May 13th. Ethan Allen Interiors's dividend payout ratio (DPR) is 90.70%.

Key Stories Impacting Ethan Allen Interiors

Here are the key news stories impacting Ethan Allen Interiors this week:

• Positive Sentiment: Company declared a sizable quarterly dividend of $0.39 per share (annualized yield ~7.3%), supporting income-focused demand for the shares ahead of the May ex-dividend date. Read More.
• Positive Sentiment: Operating cash flow strengthened significantly (reported up ~48% YoY) and the company held roughly $66.6M in cash, which helps liquidity and supports the dividend and capital spending. Read More.
• Positive Sentiment: Management said April retail written orders turned positive, indicating demand may be stabilizing after recent weakness. Read More.
• Neutral Sentiment: Q3 results were mixed: EPS beat Street expectations ($0.24 vs $0.21 consensus) but revenue and profitability declined YoY (revenue down ~4.8%, operating profit and net income down sharply). The quarter shows cost control but softer top-line momentum. Read More.
• Negative Sentiment: Telsey Advisory Group cut its price target to $24 from $27 and moved the rating to "market perform," reducing near-term analyst enthusiasm and likely weighing on sentiment. Read More.
• Negative Sentiment: Management disclosed an annual tariff exposure of roughly $15M–$20M, which is a meaningful headwind to margins if tariffs persist or rise. Read More.
• Negative Sentiment: Insider activity shows sustained insider selling (no purchases reported in recent months), which can signal limited insider conviction and pressure investor sentiment. Read More.

Analysts Set New Price Targets

A number of equities research analysts have commented on ETD shares. Zacks Research upgraded shares of Ethan Allen Interiors from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 15th. Wall Street Zen upgraded shares of Ethan Allen Interiors from a "sell" rating to a "hold" rating in a research note on Sunday, March 1st. Weiss Ratings raised shares of Ethan Allen Interiors from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, February 10th. Finally, Telsey Advisory Group cut their price objective on shares of Ethan Allen Interiors from $27.00 to $24.00 and set a "market perform" rating for the company in a report on Thursday. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $24.00.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc NYSE: ETD is a vertically integrated manufacturer and retailer of home furnishings, offering a broad range of furniture, upholstery, case goods and decorative accessories. The company designs and produces the majority of its products in its own North American manufacturing facilities, maintaining close control over quality, craftsmanship and production schedules. Through its network of company-operated and franchised Design Centers and galleries, Ethan Allen delivers a full-service offering that includes on-site interior design consultations and project management.

Founded in 1932 as a small Colonial-Revival furniture maker in northern Vermont, Ethan Allen has grown into a global brand known for its timeless styles and customization options.

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