Haverty Furniture Companies (NYSE:HVT.A) Stock Price Up 0.6% - Still a Buy?

Key Points

• Haverty Furniture Companies' stock rose by 0.6% to a last trading price of $20.99, with a notable volume of 100 shares traded, which is down 5% from the average session volume.
• The company reported an earnings per share (EPS) of $0.16 for the last quarter, with revenue of $181.02 million.
• Haverty declared a quarterly dividend of $0.30 per share, culminating in an annualized yield of 5.7% and a high dividend payout ratio of 104.35%.

Haverty Furniture Companies, Inc. (NYSE:HVT.A - Get Free Report)'s stock price traded up 0.6% on Monday . The company traded as high as $21.18 and last traded at $20.99. 100 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 105 shares. The stock had previously closed at $20.86.

Haverty Furniture Companies Stock Performance

The firm has a market capitalization of $351.00 million, a price-to-earnings ratio of 18.90 and a beta of 1.17. The business's 50-day moving average is $20.53 and its two-hundred day moving average is $20.60.

Haverty Furniture Companies (NYSE:HVT.A - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.16 earnings per share for the quarter. The business had revenue of $181.02 million for the quarter.

Haverty Furniture Companies Dividend Announcement

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 $0.30 dividend. The ex-dividend date was Monday, June 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 5.5%. Haverty Furniture Companies's dividend payout ratio (DPR) is currently 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.