Haverty Furniture Companies (HVT) to Release Quarterly Earnings on Wednesday

Haverty Furniture Companies (NYSE:HVT - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $177.11 million for the quarter.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.09. Haverty Furniture Companies had a return on equity of 6.94% and a net margin of 2.96%. The company had revenue of $181.60 million during the quarter, compared to analyst estimates of $178.36 million. On average, analysts expect Haverty Furniture Companies to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Haverty Furniture Companies Price Performance

HVT stock traded up $0.14 during mid-day trading on Friday, hitting $21.39. 108,699 shares of the stock were exchanged, compared to its average volume of 92,998. The business has a fifty day moving average price of $20.81 and a 200 day moving average price of $20.75. Haverty Furniture Companies has a 12 month low of $17.01 and a 12 month high of $29.85. The stock has a market capitalization of $345.37 million, a price-to-earnings ratio of 16.97, a PEG ratio of 1.37 and a beta of 1.36.

Haverty Furniture Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.99%. The ex-dividend date of this dividend was Monday, June 2nd. Haverty Furniture Companies's dividend payout ratio (DPR) is currently 101.59%.

Analysts Set New Price Targets

Several brokerages have issued reports on HVT. Wall Street Zen lowered Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Sidoti raised Haverty Furniture Companies to a "hold" rating in a research note on Tuesday, April 29th.

Insider Activity at Haverty Furniture Companies

In other news, Director Rawson Haverty, Jr. sold 1,500 shares of Haverty Furniture Companies stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $20.67, for a total value of $31,005.00. Following the transaction, the director owned 38,023 shares in the company, valued at approximately $785,935.41. The trade was a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 8.63% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of HVT. Jane Street Group LLC increased its holdings in shares of Haverty Furniture Companies by 68.7% in the first quarter. Jane Street Group LLC now owns 172,099 shares of the company's stock worth $3,394,000 after buying an additional 70,060 shares during the period. AQR Capital Management LLC increased its holdings in shares of Haverty Furniture Companies by 30.5% in the first quarter. AQR Capital Management LLC now owns 162,821 shares of the company's stock worth $3,211,000 after buying an additional 38,074 shares during the period. Empowered Funds LLC increased its holdings in shares of Haverty Furniture Companies by 7.4% in the first quarter. Empowered Funds LLC now owns 92,185 shares of the company's stock worth $1,818,000 after buying an additional 6,387 shares during the period. Royal Bank of Canada increased its holdings in shares of Haverty Furniture Companies by 13.8% in the first quarter. Royal Bank of Canada now owns 27,073 shares of the company's stock worth $534,000 after buying an additional 3,293 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Haverty Furniture Companies by 7.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,898 shares of the company's stock worth $175,000 after buying an additional 651 shares during the period. Hedge funds and other institutional investors own 80.57% of the company's stock.

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.