Sidoti Csr Has Pessimistic Outlook of HVT Q3 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) - Sidoti Csr lowered their Q3 2025 earnings per share estimates for Haverty Furniture Companies in a research report issued on Friday, August 1st. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.28 for the quarter, down from their prior estimate 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 analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. Sidoti raised shares of Haverty Furniture Companies to a "hold" rating in a research note on Tuesday, April 29th.

Haverty Furniture Companies Stock Performance

Shares of Haverty Furniture Companies stock traded down $0.13 during trading on Monday, reaching $21.09. The company's stock had a trading volume of 18,752 shares, compared to its average volume of 130,044. Haverty Furniture Companies has a one year low of $17.01 and a one year high of $29.54. The firm has a market cap of $340.52 million, a price-to-earnings ratio of 18.33, a price-to-earnings-growth ratio of 1.56 and a beta of 1.42. The business's fifty day moving average price is $20.87 and its 200-day moving average price is $20.70.

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

Haverty Furniture Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 17th. Stockholders of record on Monday, June 2nd were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 6.1%. The ex-dividend date was Monday, June 2nd. Haverty Furniture Companies's dividend payout ratio (DPR) is 111.30%.

Insider Buying and Selling at Haverty Furniture Companies

In other Haverty Furniture Companies news, Director Rawson Haverty, Jr. sold 1,500 shares of the business's 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 sale, the director owned 38,023 shares of the company's stock, valued at approximately $785,935.41. The trade was a 3.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 8.63% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of HVT. KLP Kapitalforvaltning AS acquired a new position in shares of Haverty Furniture Companies in the 4th quarter valued at $56,000. Prudential Financial Inc. grew its position in shares of Haverty Furniture Companies by 32.0% during the fourth quarter. Prudential Financial Inc. now owns 49,552 shares of the company's stock worth $1,103,000 after acquiring an additional 12,000 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Haverty Furniture Companies by 15.3% in the fourth quarter. Franklin Resources Inc. now owns 147,064 shares of the company's stock valued at $3,274,000 after acquiring an additional 19,546 shares in the last quarter. Geode Capital Management LLC boosted its position 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 valued at $7,263,000 after purchasing an additional 5,107 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of 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. 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.