Sidoti Csr Lifts Earnings Estimates for Hooker Furnishings

Hooker Furnishings Corp. (NASDAQ:HOFT - Free Report) - Analysts at Sidoti Csr increased their Q4 2026 earnings per share (EPS) estimates for Hooker Furnishings in a report issued on Friday, June 13th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.32 for the quarter, up from their previous forecast 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 released its quarterly earnings results 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). The business had revenue of $85.32 million for the quarter, compared to analysts' expectations of $88.87 million. Hooker Furnishings had a negative return on equity of 3.41% and a negative net margin of 2.95%.

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

Hooker Furnishings Trading Down 1.0%

NASDAQ HOFT traded down $0.10 during trading hours on Monday, reaching $10.06. The company had a trading volume of 62,097 shares, compared to its average volume of 49,016. The company has a current ratio of 3.94, a quick ratio of 1.76 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $107.64 million, a P/E ratio of -9.23, a price-to-earnings-growth ratio of 5.59 and a beta of 1.37. The stock has a 50-day moving average of $9.55 and a 200 day moving average of $11.86. Hooker Furnishings has a 1-year low of $7.34 and a 1-year high of $19.79.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC lifted its holdings in Hooker Furnishings by 225.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,074 shares of the company's stock worth $43,000 after buying an additional 2,130 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Hooker Furnishings by 9,630.8% during the first quarter. GAMMA Investing LLC now owns 5,060 shares of the company's stock worth $504,000 after acquiring an additional 5,008 shares during the period. Wells Fargo & Company MN raised its stake in shares of Hooker Furnishings by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 6,227 shares of the company's stock valued at $87,000 after acquiring an additional 1,356 shares in the last quarter. Oak Hill Wealth Advisors LLC acquired a new stake in shares of Hooker Furnishings in the fourth quarter valued at $145,000. Finally, Strs Ohio purchased a new position in Hooker Furnishings in the first quarter valued at $124,000. Institutional investors and hedge funds own 73.63% of the company's stock.

Hooker Furnishings Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.92 annualized dividend and a dividend yield of 9.15%. Hooker Furnishings's dividend payout ratio is presently -84.40%.

Hooker Furnishings Company Profile

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.