Sidoti Has Positive Estimate for HVT FY2026 Earnings

Key Points

• Sidoti raised Haverty Furniture Companies’ FY2026 EPS forecast to $1.76 from $1.73, above the current consensus estimate of $1.64.
• Haverty’s latest quarterly results exceeded expectations, with EPS of $0.25 versus the $0.23 consensus and revenue of $194.94 million compared with estimates of $189.19 million.
• The company declared a quarterly dividend of $0.33 per share, equivalent to a $1.32 annualized payout and a 4.6% yield; analysts maintain an overall “Hold” rating.

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Equities research analysts at Sidoti increased their FY2026 earnings per share (EPS) estimates for Haverty Furniture Companies in a research report issued to clients and investors on Wednesday, August 5th. Sidoti analyst A. Lebiedzinski now forecasts that the company will earn $1.76 per share for the year, up from their prior forecast of $1.73. The consensus estimate for Haverty Furniture Companies' current full-year earnings is $1.64 per share.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.02. The firm had revenue of $194.94 million for the quarter, compared to the consensus estimate of $189.19 million. Haverty Furniture Companies had a return on equity of 7.15% and a net margin of 2.93%.

Several other research analysts have also recently weighed in on 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, May 2nd. Zacks Research upgraded shares of Haverty Furniture Companies from a "strong sell" rating to a "hold" rating in a research report on Monday, July 6th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Haverty Furniture Companies in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold".

Haverty Furniture Companies Stock Down 0.7%

Shares of NYSE:HVT opened at $28.88 on Tuesday. Haverty Furniture Companies has a 52-week low of $19.89 and a 52-week high of $29.83. The stock has a market cap of $464.68 million, a P/E ratio of 21.24, a PEG ratio of 1.48 and a beta of 1.20. The business has a fifty day moving average of $25.08 and a two-hundred day moving average of $23.86.

Haverty Furniture Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, August 25th. Haverty Furniture Companies's dividend payout ratio is presently 97.06%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HVT. Raymond James Financial Inc. purchased a new position in shares of Haverty Furniture Companies in the 2nd quarter valued at about $31,000. CANADA LIFE ASSURANCE Co raised its holdings in shares of Haverty Furniture Companies by 57.0% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,721 shares of the company's stock valued at $40,000 after purchasing an additional 625 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Haverty Furniture Companies during the fourth quarter worth $45,000. Fifth Third Bancorp purchased a new position in Haverty Furniture Companies in the first quarter valued at $49,000. Finally, State of Wyoming acquired a new stake in Haverty Furniture Companies in the second quarter valued at $58,000. 80.57% of the stock is owned by institutional investors and hedge funds.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.

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