Sidoti Csr Has Positive Outlook for HVT FY2025 Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Research analysts at Sidoti Csr upped their FY2025 EPS estimates for Haverty Furniture Companies in a research note issued to investors on Thursday, May 1st. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $1.50 per share for the year, up from their prior forecast of $1.45. The consensus estimate for Haverty Furniture Companies' current full-year earnings is $0.88 per share. Sidoti Csr also issued estimates for Haverty Furniture Companies' Q3 2026 earnings at $0.85 EPS and Q4 2026 earnings at $1.10 EPS.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.14 by $0.09. The firm had revenue of $181.60 million for the quarter, compared to analysts' expectations of $178.36 million. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%.

HVT has been the subject of a number of other reports. StockNews.com raised shares of Haverty Furniture Companies from a "hold" rating to a "buy" rating in a report on Thursday. Sidoti raised shares of Haverty Furniture Companies to a "hold" rating in a research note on Tuesday, April 29th.

Haverty Furniture Companies Price Performance

Shares of Haverty Furniture Companies stock traded up $0.07 during trading on Monday, hitting $19.45. The stock had a trading volume of 13,296 shares, compared to its average volume of 145,171. The business has a fifty day moving average of $19.56 and a two-hundred day moving average of $21.58. Haverty Furniture Companies has a fifty-two week low of $17.01 and a fifty-two week high of $30.13. The firm has a market cap of $314.97 million, a P/E ratio of 12.23, a PEG ratio of 1.15 and a beta of 1.41.

Haverty Furniture Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Thursday, March 6th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 6.58%. The ex-dividend date was Thursday, March 6th. Haverty Furniture Companies's dividend payout ratio is 101.59%.

Hedge Funds Weigh In On Haverty Furniture Companies

A number of institutional investors have recently bought and sold shares of HVT. Harbor Capital Advisors Inc. boosted its holdings in shares of Haverty Furniture Companies by 8.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company's stock worth $152,000 after buying an additional 548 shares during the period. US Bancorp DE boosted its stake in Haverty Furniture Companies by 30.9% in the 4th quarter. US Bancorp DE now owns 5,184 shares of the company's stock worth $115,000 after purchasing an additional 1,224 shares during the period. PNC Financial Services Group Inc. boosted its stake in Haverty Furniture Companies by 1,929.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,522 shares of the company's stock worth $30,000 after purchasing an additional 1,447 shares during the period. Wells Fargo & Company MN grew its position in Haverty Furniture Companies by 20.9% during the 4th quarter. Wells Fargo & Company MN now owns 11,558 shares of the company's stock worth $257,000 after purchasing an additional 1,997 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in Haverty Furniture Companies by 22.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 13,349 shares of the company's stock valued at $297,000 after purchasing an additional 2,426 shares during the period. Hedge funds and other institutional investors own 80.57% of the company's stock.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.