NASDAQ:TILE

Interface (TILE) Stock Forecast, Price & News

$10.00

+0.25 (+2.56%)

(As of 09/21/2023 ET)

Compare

Today's Range: $9.65
▼
$10.03
50-Day Range: $9.10
▼
$10.63
52-Week Range: $6.51
▼
$12.29

Volume: 629,677 shs
Average Volume: 310,675 shs
Market Capitalization: $581.10 million

P/E Ratio: 125.00
Dividend Yield: 0.40%
Price Target: $14.00

Interface MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 40.0% Upside
$14.00 Price Target
Short Interest: Healthy
2.02% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.73
Upright™ Environmental Score
News Sentiment: 0.11
Based on 7 Articles This Week
Insider Trading: Selling Shares
$90,357 Sold Last Quarter
Proj. Earnings Growth: 10.59%
From $0.85 to $0.94 Per Share

Overall MarketRank^™

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

2.60 out of 5 stars

Consumer Discretionary Sector

104th out of 260 stocks

Carpets & Rugs Industry

1st out of 2 stocks

3.3

Analyst's Opinion

Consensus Rating
Interface has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.00, Interface has a forecasted upside of 40.0% from its current price of $10.00.
Amount of Analyst Coverage
Interface has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.02% of the float of Interface has been sold short.
Short Interest Ratio / Days to Cover
Interface has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Interface has recently decreased by 0.87%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Interface has a dividend yield of 0.41%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Interface does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Interface is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Interface will have a dividend payout ratio of 4.26% next year. This indicates that Interface will be able to sustain or increase its dividend.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Interface has received a 1.59% net impact score from Upright. Interface seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Wall-to-wall carpets", "Plastic floors", and "Wall-to-wall carpets made using recycled nylon" products. See details.
Environmental Sustainability
The Environmental Impact score for Interface is -2.73.

2.3

News and Social Media Coverage

News Sentiment
Interface has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Interface this week, compared to 3 articles on an average week.
Search Interest
2 people have searched for TILE on MarketBeat in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Interface insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $90,357.00 in company stock.
Percentage Held by Insiders
Only 2.30% of the stock of Interface is held by insiders.
Percentage Held by Institutions
90.29% of the stock of Interface is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Interface are expected to grow by 10.59% in the coming year, from $0.85 to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Interface is 125.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Interface is 125.00, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.15.
Price to Book Value per Share Ratio
Interface has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Interface (NASDAQ:TILE) Stock

Interface, Inc. designs, produces, and sells modular carpet products primarily in the United States and internationally. The company operates in two segments, Americas (AMS), and Europe, Africa, Asia and Australia (EAAA). The company offers modular carpets under the Interface and FLOR brand names; luxury vinyl tiles and vinyl sheet under the Interface brand; carpet tiles under the CQuestGB name for use in commercial interiors, include offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; and modular resilient flooring products. It also provides carpet replacement, installation, and maintenance services; and rubber flooring under the norament and noraplan brand names. The company produces and sells an adapted version of its carpet tile for the healthcare facilities market. In addition, it sells a proprietary antimicrobial chemical compound under the Intersept name; sells TacTiles, a carpet tile installation system, as well as various adhesives and products; and provides turnkey project management services for global accounts and other customers through its InterfaceSERVICES business. The company sells its products directly to end-users, as well as indirectly through independent contractors, installers, or distributors. Interface, Inc. was incorporated in 1973 and is headquartered in Atlanta, Georgia.

TILE Price History

30 days | 90 days | 365 days | Advanced Chart

TILE Stock News Headlines

September 22, 2023 | msn.com

Eight things we learned from Intel’s Innovation keynote

September 22, 2023 | seekingalpha.com

Interface: Cheap On Paper, But Debt And Lack Of Growth Catalysts Keep Me Away

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 21, 2023 | finance.yahoo.com

Interface Introduces New Flooring Collections and Expands Carbon Negative Product Offerings

September 21, 2023 | msn.com

The Handy Feature You'll Activate If You Hold Your Amazon Fire TV Stick's Home Button

September 19, 2023 | msn.com

Free Streaming Platform LG Channels Launches Version 3.0 with New User Interface; Coming to US in October

September 19, 2023 | msn.com

YouTube’s NFL Sunday Ticket multiview mode needs the option to be customized

September 17, 2023 | msn.com

The Annoying Amazon Fire TV Stick Feature You Might Want To Turn Off

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.

September 15, 2023 | msn.com

Puzzle Games You Have To Be A Genius To Complete

September 13, 2023 | msn.com

Google's Find My Device icon gets a makeover ahead of big feature launch

September 13, 2023 | finance.yahoo.com

Celebrating 20 Years of Smart, Beautiful and Responsible Design with the Heritage Collection by FLOR

September 11, 2023 | uk.news.yahoo.com

45 Cool Car Accessories You Didn't Know You Needed

September 6, 2023 | msn.com

Roku is going all Google TV with its bigger and better smart TV menu

September 4, 2023 | msn.com

Forget 4K Blu-ray, this pricey media server is the ultimate movie player

August 31, 2023 | benzinga.com

Global Carpet Tiles Market Size Envisions $20.6 Billion by 2030, CAGR of 6.5% | Beneath Your Feet, Flooring Evolution

August 30, 2023 | msn.com

The Nothing Phone 1 is finally picking up the update we've all been waiting for

August 29, 2023 | finance.yahoo.com

At US$9.97, Is It Time To Put Interface, Inc. (NASDAQ:TILE) On Your Watch List?

August 29, 2023 | bitcoinist.com

Ripple Labs’ UBRI Connect To Debut XRPL Banking Interface Prototype

August 28, 2023 | businesswire.com

Home Connectivity Alliance Member Companies Set to Adopt HCA Interface Specification 1.0

August 23, 2023 | msn.com

O&O SafeErase 18 review: Utterly delete your data

August 22, 2023 | msn.com

YouTube TV app Channel Guide cleans things up with a redesign

August 21, 2023 | benzinga.com

Tech Giants 3M, Dow, and Henkel Propel Global Thermal Interface Material (TIM) Market to 2028

August 13, 2023 | finance.yahoo.com

Calculating The Fair Value Of Interface, Inc. (NASDAQ:TILE)

August 9, 2023 | msn.com

Slack's latest redesign has a dedicated DM tab and a Discord-style Activity view

August 8, 2023 | finance.yahoo.com

New Area Rug Collection from FLOR Adds Depth and Dimension to Fall Season Trends

August 5, 2023 | 9to5mac.com

The ‘next-generation’ of CarPlay is launching this year; here’s everything we know

See More Headlines

Receive TILE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Interface and its competitors with MarketBeat's FREE daily newsletter.

TILE Company Calendar

Last Earnings: 8/04/2023
Ex-Dividend for 9/15 Dividend: 8/31/2023
Dividend Payable: 9/15/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/03/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Carpets & rugs
Sub-Industry: Office Services & Supplies
Sector: Consumer Discretionary
Current Symbol: NASDAQ:TILE
Previous Symbol: NASDAQ:IFSIA
CUSIP: 45866530
CIK: 715787
Web: www.interface.com
Phone: (770) 437-6800
Fax: 770-319-0070
Employees: 3,671
Year Founded: 1973

Price Target and Rating

Average Stock Price Forecast: $14.00
High Stock Price Forecast: $18.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +40.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.08
Trailing P/E Ratio: 125.00
Forward P/E Ratio: 11.76
P/E Growth: N/A
Net Income: $19.56 million
Net Margins: 0.35%
Pretax Margin: 1.25%
Return on Equity: 15.03%
Return on Assets: 4.33%

Debt

Debt-to-Equity Ratio: 1.21
Current Ratio: 2.99
Quick Ratio: 1.51

Sales & Book Value

Annual Sales: $1.30 billion
Price / Sales: 0.45
Cash Flow: $2.24 per share
Price / Cash Flow: 4.46
Book Value: $6.22 per share
Price / Book: 1.61

Miscellaneous

Outstanding Shares: 58,110,000
Free Float: 56,771,000
Market Cap: $581.10 million
Optionable: Optionable
Beta: 1.96

Social Links

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Ms. Laurel M. Hurd (Age 53)
Pres, CEO & Director
Comp: $1.8M

Mr. Bruce A. Hausmann (Age 53)
VP & CFO
Comp: $953.6k

Mr. David B. Foshee (Age 52)
VP, Gen. Counsel & Sec.
Comp: $720.25k

Mr. Nigel Stansfield (Age 55)
VP and Chief Innovation & Sustainability Officer
Comp: $680.04k

Mr. James L. Poppens (Age 58)
Chief Commercial Officer & VP
Comp: $895.27k

Mr. Robert Pridgen (Age 46)
VP & Chief Accounting Officer

Mr. Jake Elson
VP & Chief Information Officer

Christine Needles
Global Head of Corp. Communications

Ms. Anna Webb
VP of Global Marketing

Mr. Greg Minano
VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TILE Stock - Frequently Asked Questions

Should I buy or sell Interface stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Interface in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TILE shares.
View TILE analyst ratings or view top-rated stocks.
What is Interface's stock price forecast for 2023?: 2 brokers have issued 1 year target prices for Interface's stock. Their TILE share price forecasts range from $10.00 to $18.00. On average, they expect the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 40.0% from the stock's current price.
View analysts price targets for TILE or view top-rated stocks among Wall Street analysts.
How have TILE shares performed in 2023?: Interface's stock was trading at $9.87 at the beginning of 2023. Since then, TILE shares have increased by 1.3% and is now trading at $10.00.
View the best growth stocks for 2023 here.
When is Interface's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our TILE earnings forecast.
How were Interface's earnings last quarter?: Interface, Inc. (NASDAQ:TILE) released its quarterly earnings results on Friday, August, 4th. The textile maker reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07. The textile maker earned $329.60 million during the quarter, compared to analyst estimates of $334.88 million. Interface had a trailing twelve-month return on equity of 15.03% and a net margin of 0.35%. The firm's revenue was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.36 earnings per share.
How often does Interface pay dividends? What is the dividend yield for Interface?: Interface announced a quarterly dividend on Tuesday, August 15th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.01 per share on Friday, September 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for TILE.
What ETFs hold Interface's stock?: ETFs with the largest weight of Interface (NASDAQ:TILE) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP) and Invesco NASDAQ Future Gen 200 ETF (QQQS).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).
Is Interface a good dividend stock?: Interface (NASDAQ:TILE) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.41%. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TILE will have a dividend payout ratio of 4.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TILE.
What guidance has Interface issued on next quarter's earnings?: Interface updated its third quarter 2023 earnings guidance on Friday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $320.00 million-$330.00 million, compared to the consensus revenue estimate of $326.00 million.

What is Dan Hendrix's approval rating as Interface's CEO?: 10 employees have rated Interface Chief Executive Officer Dan Hendrix on Glassdoor.com. Dan Hendrix has an approval rating of 66% among the company's employees.
What other stocks do shareholders of Interface own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Interface investors own include Ford Motor (F), Pfizer (PFE), Bank of America (BAC), First Solar (FSLR), General Electric (GE), RTX (RTX), Enterprise Products Partners (EPD), Gilead Sciences (GILD), General Motors (GM) and Tapestry (TPR).
What is Interface's stock symbol?: Interface trades on the NASDAQ under the ticker symbol "TILE."
Who are Interface's major shareholders?: Interface's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (17.06%), Frontier Capital Management Co. LLC (5.32%), Pzena Investment Management LLC (3.77%), State Street Corp (3.73%), Dimensional Fund Advisors LP (3.65%) and LSV Asset Management (2.00%).
View institutional ownership trends.
How do I buy shares of Interface?: Shares of TILE 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 Interface's stock price today?: One share of TILE stock can currently be purchased for approximately $10.00.
How much money does Interface make?: Interface (NASDAQ:TILE) has a market capitalization of $581.10 million and generates $1.30 billion in revenue each year. The textile maker earns $19.56 million in net income (profit) each year or $0.08 on an earnings per share basis.
How many employees does Interface have?: The company employs 3,671 workers across the globe.
Does Interface have any subsidiaries?: The following companies are subsidiares of Interface: Amphenol (Changzhou) Electronics Co. Ltd., FLOR Inc., Interface Americas Holdings LLC, Interface Americas Inc., Interface Asia-Pacific (HK) Ltd., Interface Aust. Holdings Pty Limited, Interface Aust. Pty Limited, Interface Eurasia Enterprises S.à r.l., Interface Eurasia Holdings S.à r.l., Interface Europe B.V., Interface Europe Holding B.V., Interface Europe Investment B.V., Interface Europe Ltd., Interface Hong Kong Ltd., Interface International B.V., Interface Leasing Inc., Interface Massachusetts Holdings Inc., Interface Modular Carpet (China) Co. Ltd., Interface North Carolina Holdings Inc., Interface Overseas Holdings Inc., Interface Real Estate Holdings LLC, Interface Singapore Pte. Ltd., Interface Yarns Inc., InterfaceFLOR (Thailand) Co. Ltd., InterfaceFLOR Canada Inc., InterfaceFLOR LLC, InterfaceSERVICES Inc., Nora Systems Inc., Nora systems, Re:Source Americas Enterprises Inc., nora Holding GmbH, and nora systems GmbH.
Read More
How can I contact Interface?: Interface's mailing address is 1280 WEST PEACHTREE STREET, ATLANTA GA, 30309. The official website for the company is www.interface.com. The textile maker can be reached via phone at (770) 437-6800, via email at investor@interface.com, or via fax at 770-319-0070.

This page (NASDAQ:TILE) was last updated on 9/22/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial