Sidoti Csr Reduces Earnings Estimates for Hooker Furnishings

Key Points

• Sidoti Csr has revised down its Q2 2026 earnings estimate for Hooker Furnishings from ($0.15) to ($0.16) per share.
• The company reported a loss of ($0.29) per share in its last quarter, significantly missing the consensus estimate of ($0.16).
• Despite the earnings revisions, Hooker Furnishings has recently received a "hold" rating from Zacks Research, indicating a cautious outlook from analysts.

Hooker Furnishings Corp. (NASDAQ:HOFT - Free Report) - Analysts at Sidoti Csr lowered their Q2 2026 earnings estimates for Hooker Furnishings in a research report issued to clients and investors on Tuesday, September 2nd. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of ($0.16) for the quarter, down from their prior forecast of ($0.15). The consensus estimate for Hooker Furnishings' current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings' Q4 2026 earnings at $0.31 EPS.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last issued its earnings results on Thursday, June 12th. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.13). The company had revenue of $85.32 million during the quarter, compared to analyst estimates of $88.87 million. Hooker Furnishings had a negative net margin of 2.95% and a negative return on equity of 3.41%.

Separately, Zacks Research upgraded shares of Hooker Furnishings to a "hold" rating in a report on Tuesday, August 12th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of "Hold".

Hooker Furnishings Trading Up 1.6%

HOFT opened at $10.18 on Thursday. Hooker Furnishings has a 1-year low of $7.34 and a 1-year high of $19.79. The company has a current ratio of 3.94, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11. The company has a market cap of $108.93 million, a P/E ratio of -9.34, a price-to-earnings-growth ratio of 5.49 and a beta of 1.32. The company has a fifty day moving average price of $10.40 and a two-hundred day moving average price of $10.40.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Northern Trust Corp increased its holdings in Hooker Furnishings by 0.5% during the fourth quarter. Northern Trust Corp now owns 170,582 shares of the company's stock valued at $2,390,000 after buying an additional 889 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Hooker Furnishings by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 6,227 shares of the company's stock worth $87,000 after acquiring an additional 1,356 shares during the last quarter. Bridgeway Capital Management LLC lifted its holdings in Hooker Furnishings by 1.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 129,987 shares of the company's stock valued at $1,821,000 after buying an additional 1,535 shares in the last quarter. Bank of America Corp DE lifted its holdings in Hooker Furnishings by 13.3% during the 4th quarter. Bank of America Corp DE now owns 16,008 shares of the company's stock valued at $224,000 after buying an additional 1,875 shares in the last quarter. Finally, Barclays PLC increased its position in Hooker Furnishings by 13.0% during the 4th quarter. Barclays PLC now owns 17,478 shares of the company's stock valued at $244,000 after purchasing an additional 2,015 shares during the period. 73.60% of the stock is owned by hedge funds and other institutional investors.

Hooker Furnishings Company Profile

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.

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