Sidoti Csr Forecasts Reduced Earnings for Hooker Furnishings

Hooker Furnishings Co. (NASDAQ:HOFT - Free Report) - Analysts at Sidoti Csr decreased their Q1 2026 earnings per share (EPS) estimates for Hooker Furnishings in a research report issued on Tuesday, April 29th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of ($0.15) per share for the quarter, down from their previous estimate of ($0.02). The consensus estimate for Hooker Furnishings' current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings' Q2 2026 earnings at ($0.07) EPS, FY2026 earnings at $0.33 EPS, Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.49 EPS and Q4 2027 earnings at $0.52 EPS.

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

Hooker Furnishings Trading Down 5.2 %

NASDAQ:HOFT traded down $0.48 during midday trading on Thursday, reaching $8.70. 37,959 shares of the stock traded hands, compared to its average volume of 43,888. The stock has a market capitalization of $93.12 million, a P/E ratio of -9.58, a PEG ratio of 0.85 and a beta of 1.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.76 and a current ratio of 3.16. The company has a fifty day moving average of $10.26 and a 200 day moving average of $13.49. Hooker Furnishings has a 12 month low of $7.34 and a 12 month high of $19.79.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.15). Hooker Furnishings had a negative return on equity of 3.51% and a negative net margin of 2.46%. The company had revenue of $104.46 million during the quarter, compared to analysts' expectations of $101.25 million. During the same period last year, the firm earned $0.06 earnings per share.

Hedge Funds Weigh In On Hooker Furnishings

Several hedge funds have recently made changes to their positions in the business. Peapod Lane Capital LLC bought a new stake in shares of Hooker Furnishings during the 4th quarter valued at about $1,893,000. Azarias Capital Management L.P. boosted its position in Hooker Furnishings by 10.3% during the 4th quarter. Azarias Capital Management L.P. now owns 754,328 shares of the company's stock valued at $10,568,000 after acquiring an additional 70,281 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in shares of Hooker Furnishings by 95.5% during the 4th quarter. First Eagle Investment Management LLC now owns 113,909 shares of the company's stock worth $1,596,000 after acquiring an additional 55,629 shares during the period. Pzena Investment Management LLC lifted its stake 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 purchasing an additional 49,212 shares during the period. Finally, Waterfront Wealth Inc. boosted its position in shares of Hooker Furnishings by 151.6% during the first quarter. Waterfront Wealth Inc. now owns 77,462 shares of the company's stock valued at $778,000 after purchasing an additional 46,678 shares in the last quarter. 73.63% of the stock is owned by hedge funds and other institutional investors.

Hooker Furnishings Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 10.57%. The ex-dividend date was Monday, March 17th. Hooker Furnishings's dividend payout ratio (DPR) is currently -77.31%.

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.