Q4 EPS Forecast for Hooker Furnishings Lifted by Analyst

Hooker Furnishings Co. (NASDAQ:HOFT - Free Report) - Sidoti Csr raised their Q4 2026 earnings per share estimates for shares of Hooker Furnishings in a note issued to investors on Friday, June 13th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will earn $0.32 per share for the quarter, up from their previous estimate of $0.30. 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 $0.10 EPS, Q2 2027 earnings at $0.22 EPS, Q3 2027 earnings at $0.51 EPS, Q4 2027 earnings at $0.56 EPS and FY2027 earnings at $1.38 EPS.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.13). Hooker Furnishings had a negative return on equity of 3.51% and a negative net margin of 2.46%. The firm had revenue of $85.32 million during the quarter, compared to analysts' expectations of $88.87 million.

Separately, Wall Street Zen downgraded shares of Hooker Furnishings from a "hold" rating to a "sell" rating in a research note on Sunday, April 20th.

Hooker Furnishings Stock Up 0.4%

Shares of HOFT opened at $10.18 on Monday. The firm has a fifty day moving average price of $9.45 and a 200-day moving average price of $11.95. The company has a current ratio of 3.16, a quick ratio of 1.76 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $108.96 million, a P/E ratio of -11.19, a P/E/G ratio of 0.85 and a beta of 1.37. Hooker Furnishings has a 12-month low of $7.34 and a 12-month high of $19.79.

Institutional Investors Weigh In On Hooker Furnishings

Several hedge funds have recently modified their holdings of the business. Pzena Investment Management LLC increased its holdings in shares of Hooker Furnishings by 3.8% in the 4th quarter. Pzena Investment Management LLC now owns 1,335,593 shares of the company's stock valued at $18,712,000 after acquiring an additional 49,212 shares during the period. Northern Trust Corp grew its stake in Hooker Furnishings by 0.5% in the fourth quarter. Northern Trust Corp now owns 170,582 shares of the company's stock valued at $2,390,000 after purchasing an additional 889 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in Hooker Furnishings by 1.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 129,987 shares of the company's stock worth $1,821,000 after purchasing an additional 1,535 shares in the last quarter. First Eagle Investment Management LLC raised 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 worth $1,596,000 after purchasing an additional 55,629 shares in the last quarter. Finally, Foundry Partners LLC lifted its position in shares of Hooker Furnishings by 11.9% during the first quarter. Foundry Partners LLC now owns 112,380 shares of the company's stock valued at $1,128,000 after buying an additional 11,925 shares during the last quarter. Hedge funds and other institutional investors own 73.63% of the company's stock.

Hooker Furnishings Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 9.04%. The ex-dividend date is Monday, June 16th. Hooker Furnishings's dividend payout ratio (DPR) is -84.40%.

About Hooker Furnishings

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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