Equities Analysts Issue Forecasts for HVT Q2 Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Analysts at Sidoti Csr dropped their Q2 2025 earnings per share (EPS) estimates for shares of Haverty Furniture Companies in a research note issued to investors on Tuesday, April 29th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $0.07 per share for the quarter, down from their prior forecast of $0.17. The consensus estimate for Haverty Furniture Companies' current full-year earnings is $0.88 per share.

Haverty Furniture Companies (NYSE:HVT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.14 by $0.09. Haverty Furniture Companies had a net margin of 3.57% and a return on equity of 8.69%. The firm had revenue of $181.60 million during the quarter, compared to analysts' expectations of $178.36 million.

Several other research firms have also commented on HVT. Sidoti raised shares of Haverty Furniture Companies to a "hold" rating in a research note on Tuesday, April 29th. StockNews.com cut Haverty Furniture Companies from a "buy" rating to a "hold" rating in a research note on Wednesday.

Haverty Furniture Companies Price Performance

Shares of NYSE HVT traded up $0.51 during midday trading on Thursday, reaching $20.25. 161,677 shares of the company traded hands, compared to its average volume of 196,350. The company has a market cap of $327.93 million, a price-to-earnings ratio of 12.74, a PEG ratio of 1.15 and a beta of 1.36. The stock has a 50-day moving average price of $19.84 and a 200 day moving average price of $21.73. Haverty Furniture Companies has a 52 week low of $17.01 and a 52 week high of $30.13.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HVT. Harbor Capital Advisors Inc. boosted its position in shares of Haverty Furniture Companies by 8.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 6,813 shares of the company's stock worth $152,000 after purchasing an additional 548 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Haverty Furniture Companies by 30.9% in the 4th quarter. US Bancorp DE now owns 5,184 shares of the company's stock valued at $115,000 after buying an additional 1,224 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Haverty Furniture Companies by 20.9% in the 4th quarter. Wells Fargo & Company MN now owns 11,558 shares of the company's stock valued at $257,000 after purchasing an additional 1,997 shares during the period. Exchange Traded Concepts LLC raised its stake in Haverty Furniture Companies by 22.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 13,349 shares of the company's stock valued at $297,000 after buying an additional 2,426 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in Haverty Furniture Companies during the 4th quarter valued at $56,000. 80.57% of the stock is owned by institutional investors and hedge funds.

Haverty Furniture Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Thursday, March 6th were paid a $0.32 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.28 dividend on an annualized basis and a yield of 6.32%. Haverty Furniture Companies's payout ratio is currently 101.59%.

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.