Haverty Furniture Companies (NYSE:HVT) Stock Price Breaks Below 200 Day Moving Average - Here's Why

Key Points

• Haverty Furniture shares slipped below their 200-day moving average, touching $25.08 against a $25.15 average, and were down 3.5% in the reported trading period.
• The company missed quarterly estimates, reporting EPS of $0.25 versus $0.42 expected and revenue of $203.15 million versus $206.87 million. Sidoti also cut its EPS estimates for Q4 2026 and each quarter of 2027.
• The board declared a quarterly dividend of $0.33 per common share and $0.31 per Class A share; analysts’ consensus rating remains Hold.

Haverty Furniture Companies, Inc. (NYSE:HVT - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $25.15 and traded as low as $25.08. Haverty Furniture Companies shares last traded at $25.1460, with a volume of 227,147 shares.

Key Haverty Furniture Companies News

Here are the key news stories impacting Haverty Furniture Companies this week:

• Positive Sentiment: The board declared a quarterly cash dividend of $0.33 per common share and $0.31 per Class A share, payable December 9 to shareholders of record November 23. Havertys Furniture Fourth Quarter 2026 Cash Dividend
• Positive Sentiment: Sidoti projects $3.31 in earnings per share for FY2028, suggesting a substantial longer-term earnings increase versus the current-year consensus of $1.61; this is an analyst forecast, not company guidance. MarketBeat analyst estimates
• Negative Sentiment: Sidoti lowered its estimates for Q4 2026 and each quarter of 2027: Q4 EPS to $0.57 from $0.73, Q1 to $0.38 from $0.50, Q2 to $0.43 from $0.56, and Q3 to $0.75 from $0.87. These cuts signal weaker near-term earnings expectations. MarketBeat analyst estimates
• Negative Sentiment: The latest reported quarter also missed expectations: HVT posted EPS of $0.25 versus $0.42 expected, while revenue of $203.15 million came in below the $206.87 million estimate. Q3 2026 earnings call highlights

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Wall Street Zen cut Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research report on Saturday. Weiss Ratings raised shares of Haverty Furniture Companies from a "hold (c-)" rating to a "hold (c+)" rating in a research report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, Haverty Furniture Companies has a consensus rating of "Hold".

Haverty Furniture Companies Stock Down 3.5%

The company has a market cap of $392.03 million, a PE ratio of 17.11, a P/E/G ratio of 1.58 and a beta of 1.33. The stock has a 50-day simple moving average of $27.95 and a 200 day simple moving average of $25.15.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.17). The firm had revenue of $203.15 million for the quarter, compared to analyst estimates of $206.87 million. Haverty Furniture Companies had a return on equity of 7.15% and a net margin of 2.93%. During the same period in the previous year, the firm posted $0.28 earnings per share. As a group, research analysts anticipate that Haverty Furniture Companies, Inc. will post 1.61 earnings per share for the current fiscal year.

Insider Activity at Haverty Furniture Companies

In other Haverty Furniture Companies news, Chairman Clarence Smith sold 20,991 shares of the business's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $28.16, for a total value of $591,106.56. Following the completion of the sale, the chairman directly owned 71,705 shares of the company's stock, valued at $2,019,212.80. The trade was a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 8.40% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HVT. Legal & General Group Plc purchased a new stake in Haverty Furniture Companies in the second quarter valued at approximately $32,000. Farther Finance Advisors LLC raised its position in Haverty Furniture Companies by 84.4% in the third quarter. Farther Finance Advisors LLC now owns 1,252 shares of the company's stock worth $35,000 after purchasing an additional 573 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Haverty Furniture Companies during the first quarter worth $49,000. State of Alaska Department of Revenue lifted its position in shares of Haverty Furniture Companies by 41.5% in the third quarter. State of Alaska Department of Revenue now owns 2,759 shares of the company's stock valued at $75,000 after buying an additional 809 shares during the last quarter. Finally, Ieq Capital LLC acquired a new stake in shares of Haverty Furniture Companies in the 2nd quarter valued at approximately $205,000. 80.57% of the stock is owned by institutional investors and hedge funds.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc is a specialty home-furnishings retailer that sells furniture and related products for living rooms, bedrooms, dining rooms, home offices and other areas of the home. Its merchandise includes sofas, chairs, tables, beds, mattresses, case goods, rugs, lighting and home accessories, with products offered through its retail stores and website.

Founded in Atlanta in 1885 by James Joseph Haverty, the company has grown from a regional furniture business into a multi-state retailer.

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