Hooker Furnishings Co. (NASDAQ:HOFT - Free Report) - Equities research analysts at Sidoti Csr lowered their Q3 2026 earnings per share estimates for Hooker Furnishings in a report released on Tuesday, April 29th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.24 for the quarter, down from their prior estimate of $0.26. The consensus estimate for Hooker Furnishings' current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings' Q1 2027 earnings at $0.15 EPS.
Separately, StockNews.com lowered Hooker Furnishings from a "hold" rating to a "sell" rating in a research report on Sunday, April 20th.
View Our Latest Stock Report on Hooker Furnishings
Hooker Furnishings Price Performance
Shares of NASDAQ HOFT traded down $0.43 during midday trading on Wednesday, reaching $9.14. 30,047 shares of the company were exchanged, compared to its average volume of 43,804. Hooker Furnishings has a one year low of $7.34 and a one year high of $19.79. The stock has a market cap of $97.77 million, a P/E ratio of -10.04, a PEG ratio of 0.85 and a beta of 1.23. The company has a quick ratio of 1.76, a current ratio of 3.16 and a debt-to-equity ratio of 0.10. The stock's 50-day moving average price is $10.34 and its 200-day moving average price is $13.54.
Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.15). Hooker Furnishings had a negative net margin of 2.46% and a negative return on equity of 3.51%. The company had revenue of $104.46 million for the quarter, compared to the consensus estimate of $101.25 million. During the same period last year, the firm posted $0.06 earnings per share.
Hedge Funds Weigh In On Hooker Furnishings
A number of hedge funds have recently modified their holdings of HOFT. JPMorgan Chase & Co. raised its position in Hooker Furnishings by 107.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,688 shares of the company's stock worth $790,000 after purchasing an additional 22,635 shares during the last quarter. Pzena Investment Management LLC raised its position in shares of Hooker Furnishings by 3.8% during the fourth quarter. Pzena Investment Management LLC now owns 1,335,593 shares of the company's stock worth $18,712,000 after acquiring an additional 49,212 shares during the last quarter. Barclays PLC lifted its stake in shares of Hooker Furnishings by 270.4% in the third quarter. Barclays PLC now owns 15,463 shares of the company's stock worth $279,000 after acquiring an additional 11,288 shares during the period. First Eagle Investment Management LLC boosted its holdings in Hooker Furnishings by 95.5% in the fourth quarter. First Eagle Investment Management LLC now owns 113,909 shares of the company's stock valued at $1,596,000 after acquiring an additional 55,629 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Hooker Furnishings by 1.0% in the third quarter. Geode Capital Management LLC now owns 241,310 shares of the company's stock valued at $4,364,000 after acquiring an additional 2,493 shares during the last quarter. Institutional investors and hedge funds own 73.63% of the company's stock.
Hooker Furnishings Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 10.07%. The ex-dividend date was Monday, March 17th. Hooker Furnishings's payout ratio is currently -77.31%.
About Hooker Furnishings
(
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Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.
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