Hooker Furnishings (HOFT) to Post Quarterly Earnings on Friday

Key Points

• Hooker Furnishings is expected to report Q2 2027 results before the market opens on September 11. Analysts project a loss of $0.02 per share on revenue of $63.76 million, compared with the prior quarter’s $0.10 EPS and $69.45 million in revenue.
• Shares opened at $12.66, with a market capitalization of approximately $136 million and a one-year trading range of $8.61 to $18.09. The company recently paid a quarterly dividend of $0.115, equivalent to a $0.46 annualized payout and a 3.6% yield.
• Wall Street sentiment is cautious: the stock carries an average “Reduce” rating, with one analyst rating it Hold and another rating it Sell. Institutional investors and hedge funds own approximately 73.6% of the outstanding shares.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) is anticipated to release its Q2 2027 results before the market opens on Friday, September 11th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $63.76 million for the quarter. Interested persons can find conference call details on the company's upcoming Q2 2027 earning results page for the latest details on the call scheduled for Friday, September 11, 2026 at 9:00 AM ET.

Hooker Furnishings (NASDAQ:HOFT - Get Free Report) last issued its earnings results on Thursday, June 11th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.17. The firm had revenue of $69.45 million for the quarter, compared to analyst estimates of $66.31 million. Hooker Furnishings had a positive return on equity of 1.61% and a negative net margin of 7.90%. On average, analysts expect Hooker Furnishings to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hooker Furnishings Stock Performance

Hooker Furnishings stock opened at $12.66 on Friday. The company has a 50-day simple moving average of $14.67 and a 200-day simple moving average of $13.86. The firm has a market capitalization of $135.97 million, a P/E ratio of -5.89, a P/E/G ratio of 1.19 and a beta of 1.14. Hooker Furnishings has a one year low of $8.61 and a one year high of $18.09.

Hooker Furnishings Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 19th were given a $0.115 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.46 annualized dividend and a yield of 3.6%. Hooker Furnishings's dividend payout ratio (DPR) is currently -21.40%.

Hedge Funds Weigh In On Hooker Furnishings

Several hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC increased its holdings in Hooker Furnishings by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 120,645 shares of the company's stock worth $1,363,000 after buying an additional 1,100 shares during the last quarter. LPL Financial LLC grew its position in Hooker Furnishings by 16.6% in the fourth quarter. LPL Financial LLC now owns 11,684 shares of the company's stock worth $132,000 after acquiring an additional 1,660 shares in the last quarter. Empowered Funds LLC grew its position in Hooker Furnishings by 7.2% in the first quarter. Empowered Funds LLC now owns 55,319 shares of the company's stock worth $555,000 after acquiring an additional 3,696 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Hooker Furnishings by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 595,587 shares of the company's stock worth $6,045,000 after purchasing an additional 4,138 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Hooker Furnishings by 61.2% during the 3rd quarter. Bank of America Corp DE now owns 15,126 shares of the company's stock worth $154,000 after purchasing an additional 5,740 shares during the last quarter. Institutional investors and hedge funds own 73.60% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Zacks Research cut shares of Hooker Furnishings from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 14th. Wall Street Zen downgraded Hooker Furnishings from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Weiss Ratings downgraded Hooker Furnishings from a "sell (d)" rating to a "sell (d-)" rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Hooker Furnishings presently has an average rating of "Reduce".

About Hooker Furnishings

Hooker Furnishings, formerly known as Hooker Furniture Corporation, is a designer, marketer and distributor of high-quality home furnishings. Headquartered in Martinsville, Virginia, the company offers a broad range of wood and upholstered furniture products across bedroom, dining, home office and accent categories. Its portfolio includes solid wood and engineered wood case goods, upholstered seating, accent tables and decorative accessories, reflecting styles that range from traditional to contemporary.

The company's operations are organized into three reportable segments: Domestic Wholesale, Retail and Logistics, and International.

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