Sidoti Csr Issues Negative Forecast for HVT Earnings

Key Points

• Sidoti Csr has downgraded its earnings per share (EPS) forecast for Haverty Furniture Companies for Q3 2025 from $0.34 to $0.28, with a current full-year EPS estimate of $0.88.
• Haverty Furniture reported a Q2 EPS of $0.16, exceeding the consensus estimate of $0.15, alongside revenues of $181.03 million.
• The company has a current dividend yield of 6.3% with an annualized payout of $1.28, although its payout ratio is notably high at 111.30%.

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Research analysts at Sidoti Csr decreased their Q3 2025 earnings per share (EPS) estimates for shares of Haverty Furniture Companies in a research report issued on Friday, August 1st. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will earn $0.28 per share for the quarter, down from their prior forecast of $0.34. 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' Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $1.29 EPS and Q3 2026 earnings at $0.81 EPS.

Other equities research analysts also recently issued reports about the stock. Sidoti upgraded shares of Haverty Furniture Companies to a "hold" rating in a report on Tuesday, April 29th. Wall Street Zen cut shares of Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th.

Haverty Furniture Companies Price Performance

NYSE HVT opened at $20.37 on Monday. The company has a market cap of $328.98 million, a P/E ratio of 17.71, a P/E/G ratio of 1.42 and a beta of 1.42. Haverty Furniture Companies has a 12 month low of $17.01 and a 12 month high of $29.59. The company has a 50-day moving average of $20.85 and a 200-day moving average of $20.71.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.01. The firm had revenue of $181.03 million for the quarter, compared to the consensus estimate of $177.11 million. Haverty Furniture Companies had a return on equity of 6.39% and a net margin of 2.71%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Pzena Investment Management LLC increased its position in shares of Haverty Furniture Companies by 61.5% in the second quarter. Pzena Investment Management LLC now owns 1,560,557 shares of the company's stock worth $31,757,000 after acquiring an additional 594,476 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in Haverty Furniture Companies by 35.2% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 301,683 shares of the company's stock valued at $6,715,000 after purchasing an additional 78,553 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Haverty Furniture Companies during the fourth quarter worth about $1,659,000. Jane Street Group LLC lifted its stake in shares of Haverty Furniture Companies by 68.7% during the first quarter. Jane Street Group LLC now owns 172,099 shares of the company's stock worth $3,394,000 after purchasing an additional 70,060 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Haverty Furniture Companies in the second quarter worth about $1,288,000. 80.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Haverty Furniture Companies

In related news, Director Rawson Haverty, Jr. sold 1,500 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $20.67, for a total transaction of $31,005.00. Following the completion of the sale, the director owned 38,023 shares of the company's stock, valued at approximately $785,935.41. This represents a 3.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.63% of the stock is owned by corporate insiders.

Haverty Furniture Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 17th. Stockholders of record on Monday, June 2nd were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Monday, June 2nd. Haverty Furniture Companies's payout ratio is currently 111.30%.

About Haverty Furniture Companies

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.

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