Research Analysts Set Expectations for HVT Q2 Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT - Free Report) - Analysts at Sidoti Csr dropped their Q2 2025 earnings per share 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 previous estimate 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 issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.09. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%. The firm had revenue of $181.60 million for the quarter, compared to analyst estimates of $178.36 million.

Several other research analysts have also recently commented on the stock. StockNews.com cut shares of Haverty Furniture Companies from a "buy" rating to a "hold" rating in a report on Wednesday, April 30th. Sidoti raised Haverty Furniture Companies to a "hold" rating in a report on Tuesday, April 29th.

Haverty Furniture Companies Stock Performance

NYSE:HVT traded down $0.57 during mid-day trading on Thursday, reaching $18.89. 36,240 shares of the company's stock were exchanged, compared to its average volume of 146,727. Haverty Furniture Companies has a one year low of $17.01 and a one year high of $30.13. The business's fifty day simple moving average is $19.78 and its two-hundred day simple moving average is $21.66. The firm has a market capitalization of $305.82 million, a PE ratio of 11.90, a price-to-earnings-growth ratio of 1.15 and a beta of 1.41.

Institutional Trading of Haverty Furniture Companies

Large investors have recently bought and sold shares of the business. KLP Kapitalforvaltning AS acquired a new stake in shares of Haverty Furniture Companies during the fourth quarter valued at about $56,000. Nisa Investment Advisors LLC grew its holdings in Haverty Furniture Companies by 509.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 3,736 shares of the company's stock worth $74,000 after acquiring an additional 3,123 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Haverty Furniture Companies in the 3rd quarter valued at approximately $88,000. CWM LLC raised its stake in shares of Haverty Furniture Companies by 163.0% during the first quarter. CWM LLC now owns 4,645 shares of the company's stock valued at $92,000 after acquiring an additional 2,879 shares during the last quarter. Finally, US Bancorp DE raised its position in Haverty Furniture Companies by 30.9% during the 4th quarter. US Bancorp DE now owns 5,184 shares of the company's stock worth $115,000 after purchasing an additional 1,224 shares during the last quarter. 80.57% of the stock is owned by institutional investors and hedge funds.

Haverty Furniture Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Thursday, March 6th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $1.28 annualized dividend and a yield of 6.78%. Haverty Furniture Companies's dividend payout ratio is currently 101.59%.

Haverty Furniture Companies Company Profile

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.