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DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
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NASDAQ:HOFT

Hooker Furnishings - HOFT Stock Forecast, Price & News

$16.77
+0.04 (+0.24%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.43
$16.86
50-Day Range
$15.07
$16.79
52-Week Range
$14.92
$34.05
Volume
94,787 shs
Average Volume
99,710 shs
Market Capitalization
$201.27 million
P/E Ratio
37.27
Dividend Yield
4.78%
Price Target
N/A

Hooker Furnishings MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of Hooker Furnishings in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$89,928 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.66 out of 5 stars

Consumer Discretionary Sector

59th out of 289 stocks

Household Furniture Industry

2nd out of 10 stocks

HOFT stock logo

About Hooker Furnishings (NASDAQ:HOFT) Stock

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, including 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.

Analysts Set New Price Targets

Separately, StockNews.com raised Hooker Furnishings from a "sell" rating to a "hold" rating in a report on Friday, August 12th.

Hooker Furnishings Price Performance

NASDAQ:HOFT traded down $0.17 during trading hours on Friday, reaching $16.56. The company had a trading volume of 641 shares, compared to its average volume of 86,219. Hooker Furnishings has a 1-year low of $14.92 and a 1-year high of $34.05. The firm has a market cap of $198.72 million, a PE ratio of 37.18 and a beta of 0.89. The business's 50 day moving average price is $16.20 and its 200-day moving average price is $17.98.

Hooker Furnishings (NASDAQ:HOFT - Get Rating) last announced its earnings results on Thursday, June 9th. The company reported $0.26 earnings per share for the quarter. The business had revenue of $147.31 million during the quarter. Hooker Furnishings had a return on equity of 2.06% and a net margin of 0.94%.

Hooker Furnishings Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Friday, June 17th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.83%. The ex-dividend date of this dividend was Thursday, June 16th. Hooker Furnishings's payout ratio is 177.78%.

Insider Transactions at Hooker Furnishings

In other Hooker Furnishings news, Director Henry G. Williamson, Jr. bought 4,225 shares of Hooker Furnishings stock in a transaction dated Friday, July 1st. The stock was acquired at an average cost of $15.70 per share, with a total value of $66,332.50. Following the purchase, the director now directly owns 60,014 shares in the company, valued at approximately $942,219.80. The acquisition was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.60% of the company's stock.

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HOFT Stock News Headlines

Hooker Furnishings Corp. Q1 Profit Falls
HOFT Hooker Furnishings Corporation
Hooker Furniture declares $0.20 dividend
Hooker Furnishings Declares Quarterly Dividend
See More Headlines
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HOFT Company Calendar

Last Earnings
6/09/2022
Ex-Dividend for 6/30 Dividend
6/16/2022
Dividend Payable
6/30/2022
Today
8/19/2022
Next Earnings (Estimated)
9/08/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Household furniture
Sub-Industry
Home Furnishings
Current Symbol
NASDAQ:HOFT
CUSIP
43903810
Employees
1,294
Year Founded
1924

Profitability

Net Income
$11.72 million
Pretax Margin
1.22%

Debt

Sales & Book Value

Annual Sales
$593.61 million
Cash Flow
$1.65 per share
Book Value
$21.90 per share

Miscellaneous

Free Float
11,810,000
Market Cap
$201.27 million
Optionable
Optionable
Beta
0.89

Social Links


Key Executives

  • Mr. Jeremy R. Hoff (Age 49)
    CEO & Director
    Comp: $460.67k
  • Mr. Paul A. Huckfeldt (Age 64)
    CFO and Sr. VP of Fin. & Accounting
    Comp: $306.39k
  • Mr. Tod R. Phelps (Age 53)
    Sr. VP of Operations & Chief Information Officer
    Comp: $335.82k
  • Ms. Anne M. Jacobsen Smith (Age 60)
    Chief Admin. Officer & Pres of Domestic Upholstery
    Comp: $306.39k
  • Mr. Johne Albanese
    Chief Marketing Officer
  • Mr. Michael H. Harris (Age 57)
    Pres of Hooker Casegoods & Upholstery
  • Mr. C. Earl Armstrong III
    Corp. Controller & Sec.













HOFT Stock - Frequently Asked Questions

How have HOFT shares performed in 2022?

Hooker Furnishings' stock was trading at $23.28 at the beginning of the year. Since then, HOFT stock has decreased by 28.0% and is now trading at $16.77.
View the best growth stocks for 2022 here
.

When is Hooker Furnishings' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 8th 2022.
View our HOFT earnings forecast
.

How were Hooker Furnishings' earnings last quarter?

Hooker Furnishings Co. (NASDAQ:HOFT) announced its quarterly earnings data on Thursday, June, 9th. The company reported $0.26 earnings per share (EPS) for the quarter. The company had revenue of $147.31 million for the quarter. Hooker Furnishings had a trailing twelve-month return on equity of 2.06% and a net margin of 0.94%.

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

Hooker Furnishings declared a quarterly dividend on Wednesday, June 1st. Shareholders of record on Friday, June 17th will be paid a dividend of $0.20 per share on Thursday, June 30th. This represents a $0.80 annualized dividend and a yield of 4.77%. The ex-dividend date is Thursday, June 16th.
Read our dividend analysis for HOFT
.

Is Hooker Furnishings a good dividend stock?

Hooker Furnishings (NASDAQ:HOFT) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.78%. 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 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 177.78%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HOFT.

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

9 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.

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).

What is Hooker Furnishings' stock symbol?

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

Who are Hooker Furnishings' major shareholders?

Hooker Furnishings' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (12.40%), Donald Smith & CO. Inc. (9.72%), Towle & Co (5.38%), Azarias Capital Management L.P. (3.01%), Goldman Sachs Group Inc. (1.92%) and Renaissance Technologies LLC (1.56%). Insiders that own company stock include Anne J Smith, Donald Lee Boone, Henry G Williamson Jr, Paul B Toms Jr, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Hooker Furnishings' stock price today?

One share of HOFT stock can currently be purchased for approximately $16.77.

How much money does Hooker Furnishings make?

Hooker Furnishings (NASDAQ:HOFT) has a market capitalization of $201.27 million and generates $593.61 million in revenue each year. The company earns $11.72 million in net income (profit) each year or $0.45 on an earnings per share basis.

How many employees does Hooker Furnishings have?

The company employs 1,294 workers across the globe.

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
When was Hooker Furnishings founded?

Hooker Furnishings was founded in 1924.

How can I contact Hooker Furnishings?

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.

This page (NASDAQ:HOFT) was last updated on 8/19/2022 by MarketBeat.com Staff

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