Sidoti Csr Brokers Reduce Earnings Estimates for HVT

Key Points

• Sidoti Csr has cut its Q3 2025 earnings per share estimate for Haverty Furniture Companies from $0.47 to $0.34, indicating a pessimistic outlook for the company.
• The recent earnings report showed Haverty Furniture Companies beat expectations with an EPS of $0.23 compared to the consensus estimate of $0.14.
• Haverty Furniture Companies announced a quarterly dividend of $0.32, resulting in an annualized dividend yield of 5.99%, despite a payout ratio exceeding 100%.

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Investment analysts at Sidoti Csr lowered their Q3 2025 earnings per share estimates for shares of Haverty Furniture Companies in a research report issued on Thursday, July 24th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.34 for the quarter, down from their previous estimate of $0.47. 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 $0.57 EPS, Q2 2026 earnings at $0.62 EPS and Q3 2026 earnings at $0.83 EPS.

Other analysts also recently issued research reports about the company. Wall Street Zen downgraded Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Sidoti raised Haverty Furniture Companies to a "hold" rating in a research note on Tuesday, April 29th.

Haverty Furniture Companies Price Performance

Shares of NYSE HVT traded up $0.44 during mid-day trading on Friday, hitting $21.85. The company had a trading volume of 15,236 shares, compared to its average volume of 132,527. The stock has a market cap of $352.89 million, a price-to-earnings ratio of 17.34, a PEG ratio of 1.55 and a beta of 1.36. Haverty Furniture Companies has a 12 month low of $17.01 and a 12 month high of $29.85. The firm's 50 day simple moving average is $20.81 and its two-hundred day simple moving average is $20.74.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.09. The business had revenue of $181.60 million for the quarter, compared to the consensus estimate of $178.36 million. Haverty Furniture Companies had a return on equity of 6.94% and a net margin of 2.96%.

Haverty Furniture Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 17th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.86%. The ex-dividend date was Monday, June 2nd. Haverty Furniture Companies's payout ratio is currently 101.59%.

Insiders Place Their Bets

In other Haverty Furniture Companies news, Director Rawson Haverty, Jr. sold 1,500 shares of Haverty Furniture Companies stock in a transaction on Wednesday, June 11th. The stock was 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 $785,935.41. The trade was a 3.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.63% of the stock is owned by insiders.

Institutional Trading of Haverty Furniture Companies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Pzena Investment Management LLC raised its stake in shares of Haverty Furniture Companies by 61.5% in the 2nd quarter. Pzena Investment Management LLC now owns 1,560,557 shares of the company's stock worth $31,757,000 after buying an additional 594,476 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Haverty Furniture Companies by 6.9% in the 1st quarter. American Century Companies Inc. now owns 432,216 shares of the company's stock worth $8,523,000 after buying an additional 27,898 shares in the last quarter. Geode Capital Management LLC raised its stake 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 in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of 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 buying an additional 78,553 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Haverty Furniture Companies by 6.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 180,417 shares of the company's stock valued at $3,558,000 after buying an additional 10,944 shares in the last quarter. Institutional investors own 80.57% of the company's stock.

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.