Haverty Furniture Companies (NYSE:HVT.A) Releases Earnings Results

Key Points

• Haverty Furniture Companies reported earnings of $0.16 per share for the quarter, as stated by Zacks.
• During trading, the company's stock decreased by $0.54 to reach $20.64, with a trading volume of 13 shares.
• The company declared a quarterly dividend of $0.30 per share, resulting in an annualized dividend of $1.20 and a yield of 5.81%.

Haverty Furniture Companies (NYSE:HVT.A - Get Free Report) posted its earnings results on Wednesday. The company reported $0.16 earnings per share for the quarter, Zacks reports. The company had revenue of $181.02 million during the quarter.

Haverty Furniture Companies Stock Performance

HVT.A traded down $0.74 during trading on Friday, reaching $20.44. The company's stock had a trading volume of 13 shares, compared to its average volume of 105. The company's fifty day moving average price is $20.48 and its 200-day moving average price is $20.62. The company has a market capitalization of $330.09 million, a price-to-earnings ratio of 17.77 and a beta of 1.24. Haverty Furniture Companies has a 52-week low of $16.94 and a 52-week high of $28.69.

Haverty Furniture Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, June 2nd. Haverty Furniture Companies's payout ratio is 104.35%.

Haverty Furniture Companies Company Profile

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 Sealy, Tempur-Pedic, and Serta names, as well as private label Skye name.