Hooker Furnishings (HOFT) Stock Price, News & Analysis

-0.45 (-2.44%)
(As of 04/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
33,359 shs
Average Volume
47,192 shs
Market Capitalization
$191.88 million
P/E Ratio
Dividend Yield
Price Target

Hooker Furnishings MarketRank™ Stock Analysis

Analyst Rating
Short Interest
1.39% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
Insider Trading
Proj. Earnings Growth
From $1.21 to $1.88 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Consumer Discretionary Sector

91st out of 268 stocks

Household Furniture Industry

3rd out of 8 stocks

HOFT stock logo

About Hooker Furnishings Stock (NASDAQ:HOFT)

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's 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. Its Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and imported leather motion upholstery under the Prime Resources International brand. This segment also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name; and ready-to-assemble furniture under the HMidea brand. The company's Domestic Upholstery segment offers motion and stationary leather furniture under the Bradington-Young brand; occasional chairs, settees, sofas, and sectional seating under the Sam Moore Furniture brand; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. It also supplies upholstered seating and casegoods to upscale senior living and assisted living facilities through designers, design firms, industry dealers, and distributors under the H Contract brand; and interior designer products under the Lifestyle Brands name. The company sells home furnishing products through retailers, such as independent furniture stores, department stores, mass merchants, national chains, catalog merchants, interior designers, e-commerce retailers, and warehouse clubs primarily in North America. Hooker Furnishings Corporation was incorporated in 1924 and is headquartered in Martinsville, Virginia.

HOFT Stock Price History

HOFT Stock News Headlines

2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Furniture stocks The Lovesac Company NASDAQ: LOVE and Hooker Furnishings NASDAQ: HOFT are lower following their Q4 reports opening a buy-the-dip opportunity. Near-term headwinds hamper these stocks, but they are rapidly improving their operational quality and building leverage for a rebound expected to begin soon.
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding (HOFT)
The furniture business is down due to weakness in housing, but long-term indicators are favorable, and the FOMC is on track to cut rates, so a rebound is ahead.
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Hooker Furnishings Turns To Q4 Profit, But Sales Decline
HOFT Apr 2024 22.500 call
HOFT Apr 2024 22.500 put
Hooker Furnishings Declares Quarterly Dividend
Top 3 Home Improvement Stocks to Buy for Growth
Richard Pzena Adjusts Position in Hooker Furnishings Corp
Donald Smith & Co Adjusts Position in Hooker Furnishings Corp
HOFT vs. WSC: Which Stock Should Value Investors Buy Now?
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 3/29 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Household furniture
Home Furnishings
Current Symbol
Year Founded


Net Income
$9.86 million
Pretax Margin


Sales & Book Value

Annual Sales
$433.23 million
Cash Flow
$1.72 per share
Book Value
$21.17 per share


Free Float
Market Cap
$191.88 million

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Key Executives

  • Mr. Jeremy R. Hoff (Age 51)
    CEO & Director
    Comp: $586.99k
  • Mr. Paul A. Huckfeldt (Age 66)
    CFO and Senior VP of Finance & Accounting
    Comp: $374.06k
  • Mr. Tod R. Phelps (Age 55)
    Senior VP of Operations & Chief Information Officer
    Comp: $302.46k
  • Ms. Anne M. Jacobsen Smith (Age 62)
    Chief Administration Officer & President of Domestic Upholstery
    Comp: $336.41k
  • Mr. Johne Albanese
    Chief Marketing Officer
  • Mr. Michael H. Harris (Age 59)
    President of Hooker Casegoods & Upholstery
  • Mr. C. Earl Armstrong III
    Corporate Controller & Secretary

HOFT Stock Analysis - Frequently Asked Questions

How have HOFT shares performed in 2024?

Hooker Furnishings' stock was trading at $26.08 on January 1st, 2024. Since then, HOFT shares have decreased by 31.0% and is now trading at $18.00.
View the best growth stocks for 2024 here

Are investors shorting Hooker Furnishings?

Hooker Furnishings saw a decrease in short interest in March. As of March 31st, there was short interest totaling 144,700 shares, a decrease of 18.2% from the March 15th total of 176,900 shares. Based on an average trading volume of 33,800 shares, the short-interest ratio is presently 4.3 days. Approximately 1.4% of the shares of the company are short sold.
View Hooker Furnishings' Short Interest

When is Hooker Furnishings' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our HOFT earnings forecast

How were Hooker Furnishings' earnings last quarter?

Hooker Furnishings Co. (NASDAQ:HOFT) announced its quarterly earnings results on Friday, September, 8th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.19. The business earned $97.81 million during the quarter. Hooker Furnishings had a net margin of 2.28% and a trailing twelve-month return on equity of 4.33%.

How often does Hooker Furnishings pay dividends? What is the dividend yield for Hooker Furnishings?

Hooker Furnishings declared a quarterly dividend on Monday, March 4th. Stockholders of record on Monday, March 18th will be given a dividend of $0.23 per share on Friday, March 29th. This represents a $0.92 annualized dividend and a yield of 5.11%. The ex-dividend date of this dividend is Friday, March 15th.
Read our dividend analysis for HOFT

Is Hooker Furnishings a good dividend stock?

Hooker Furnishings (NASDAQ:HOFT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.99%. HOFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 101.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HOFT will have a dividend payout ratio of 48.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HOFT.

What is Paul B. Toms Jr.'s approval rating as Hooker Furnishings' CEO?

12 employees have rated Hooker Furnishings Chief Executive Officer Paul B. Toms Jr. on Paul B. Toms Jr. has an approval rating of 93% among the company's employees. This puts Paul B. Toms Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Hooker Furnishings to a friend.

What other stocks do shareholders of Hooker Furnishings own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hooker Furnishings investors own include Alibaba Group (BABA), Boeing (BA), Caterpillar (CAT), AbbVie (ABBV), The Goldman Sachs Group (GS), Honda Motor (HMC), AT&T (T), Exxon Mobil (XOM), Home Depot (HD) and International Business Machines (IBM).

Who are Hooker Furnishings' major shareholders?

Hooker Furnishings' stock is owned by many different retail and institutional investors. Top institutional shareholders include Azarias Capital Management L.P. (4.73%), Los Angeles Capital Management LLC (0.83%) and American National Bank & Trust Co. VA (0.14%). Insiders that own company stock include Anne J Smith, Henry G Williamson Jr, Maria C Duey, Paul A Huckfeldt, Tonya Harris Jackson and W Christopher Beeler Jr.
View institutional ownership trends

How do I buy shares of Hooker Furnishings?

Shares of HOFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Hooker Furnishings have any subsidiaries?
The following companies are subsidiares of Hooker Furnishings: Bradington-Young, Home Meridian International, Sam Moore Furniture, and Shenandoah Furniture.
Read More
This page (NASDAQ:HOFT) was last updated on 4/25/2024 by Staff

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