Hooker Furnishings (HOFT) Stock Forecast, Price & News

Hooker Furnishings' stock was trading at $18.70 at the beginning of the year. Since then, HOFT stock has increased by 7.6% and is now trading at $20.12.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our HOFT earnings forecast.

Hooker Furnishings Co. (NASDAQ:HOFT) released its quarterly earnings results on Friday, September, 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.19. The company earned $97.81 million during the quarter. Hooker Furnishings had a positive trailing twelve-month return on equity of 3.56% and a negative net margin of 2.15%.

Hooker Furnishings announced a quarterly dividend on Tuesday, September 5th. Shareholders of record on Monday, September 18th will be given a dividend of $0.22 per share on Friday, September 29th. This represents a $0.88 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date is Friday, September 15th.
Read our dividend analysis for HOFT.

Cultivar ETF holds 10,095 shares of HOFT stock, representing 0.84% of its portfolio.

Hooker Furnishings (NASDAQ:HOFT) pays an annual dividend of $0.88 per share and currently has a dividend yield of 4.40%. HOFT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for HOFT.

12 employees have rated Hooker Furnishings Chief Executive Officer Paul B. Toms Jr. on Glassdoor.com. 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.

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).

Hooker Furnishings trades on the NASDAQ under the ticker symbol "HOFT."

Hooker Furnishings' stock is owned by a number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (13.73%), Donald Smith & CO. Inc. (10.58%), Dimensional Fund Advisors LP (8.31%), BlackRock Inc. (7.24%), Hotchkis & Wiley Capital Management LLC (3.33%) and Azarias Capital Management L.P. (3.03%). Insiders that own company stock include Anne J Smith, Henry G Williamson Jr, Maria C Duey, Paul A Huckfeldt, Paul B Toms Jr, Tonya Harris Jackson and W Christopher Beeler Jr.
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Shares of HOFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HOFT stock can currently be purchased for approximately $20.12.

Hooker Furnishings (NASDAQ:HOFT) has a market capitalization of $216.09 million and generates $583.10 million in revenue each year. The company earns $-4,310,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis.

The company employs 1,259 workers across the globe.

Hooker Furnishings' mailing address is 440 East Commonwealth Boulevard, Martinsville VA, 24112. The official website for the company is www.hookerfurniture.com. The company can be reached via phone at (276) 632-2133, via email at investor@hookerfurniture.com, or via fax at 276-632-0026.