What is Sidoti Csr's Forecast for HVT FY2025 Earnings?

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Research analysts at Sidoti Csr increased their FY2025 earnings estimates for shares of Haverty Furniture Companies in a note issued to investors on Thursday, May 1st. Sidoti Csr analyst A. Lebiedzinski now expects that the company will earn $1.50 per share for the year, up from their prior estimate 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.

Several other research firms also recently commented on HVT. Sidoti raised shares of Haverty Furniture Companies to a "hold" rating in a report on Tuesday, April 29th. StockNews.com lowered Haverty Furniture Companies from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th.

Haverty Furniture Companies Stock Performance

NYSE HVT traded down $0.57 during trading on Monday, hitting $18.88. 117,328 shares of the company's stock traded hands, compared to its average volume of 195,914. The stock has a market capitalization of $305.74 million, a price-to-earnings ratio of 11.87, a PEG ratio of 1.15 and a beta of 1.41. Haverty Furniture Companies has a 12-month low of $17.01 and a 12-month high of $30.13. The business has a 50 day moving average of $19.70 and a 200-day moving average of $21.64.

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

Hedge Funds Weigh In On Haverty Furniture Companies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HVT. Pzena Investment Management LLC grew its holdings in shares of Haverty Furniture Companies by 0.4% during the first quarter. Pzena Investment Management LLC now owns 966,081 shares of the company's stock worth $19,051,000 after purchasing an additional 3,979 shares in the last quarter. American Century Companies Inc. grew its stake in Haverty Furniture Companies by 9.8% in the 4th quarter. American Century Companies Inc. now owns 404,318 shares of the company's stock worth $9,000,000 after buying an additional 36,086 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Haverty Furniture Companies by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 326,221 shares of the company's stock worth $7,263,000 after buying an additional 5,107 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Haverty Furniture Companies by 35.2% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 301,683 shares of the company's stock valued at $6,715,000 after buying an additional 78,553 shares in the last quarter. Finally, Kanen Wealth Management LLC lifted its holdings in shares of Haverty Furniture Companies by 266.8% during the 4th quarter. Kanen Wealth Management LLC now owns 213,477 shares of the company's stock worth $4,752,000 after acquiring an additional 155,273 shares during the last quarter. 80.57% of the stock is currently owned by hedge funds and other institutional investors.

Haverty Furniture Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Thursday, March 6th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 6.78%. The ex-dividend date of this dividend was Thursday, March 6th. Haverty Furniture Companies's payout ratio is 101.59%.

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.