Interface (TILE) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Interface in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TILE shares.
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2 brokers have issued 1-year target prices for Interface's shares. Their TILE share price forecasts range from $9.00 to $18.00. On average, they anticipate the company's share price to reach $13.50 in the next year. This suggests a possible upside of 92.3% from the stock's current price.
View analysts price targets for TILE or view top-rated stocks among Wall Street analysts.

Interface's stock was trading at $9.87 at the beginning of 2023. Since then, TILE stock has decreased by 28.9% and is now trading at $7.02.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our TILE earnings forecast.

Interface, Inc. (NASDAQ:TILE) issued its earnings results on Friday, May, 5th. The textile maker reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.04. The textile maker earned $295.80 million during the quarter, compared to analysts' expectations of $297.35 million. Interface had a trailing twelve-month return on equity of 17.33% and a net margin of 0.43%. The company's revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $0.28 EPS.

Interface announced a quarterly dividend on Tuesday, May 16th. Investors of record on Friday, June 2nd will be paid a dividend of $0.01 per share on Friday, June 16th. This represents a $0.04 annualized dividend and a yield of 0.57%. The ex-dividend date is Thursday, June 1st.
Read our dividend analysis for TILE.

ETFs with the largest weight of Interface (NASDAQ:TILE) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco Nasdaq Future Gen 200 ETF (QQQS), AXS Green Alpha ETF (NXTE), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap 600 Pure Value ETF (RZV),

Interface (NASDAQ:TILE) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.57%. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TILE will have a dividend payout ratio of 4.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TILE.

Interface updated its FY 2023 earnings guidance on Sunday, May, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.30 billion-$1.34 billion, compared to the consensus revenue estimate of $1.30 billion.

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.

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), Raytheon Technologies (RTX), Enterprise Products Partners (EPD), Gilead Sciences (GILD), General Motors (GM) and Tapestry (TPR).

Interface trades on the NASDAQ under the ticker symbol "TILE."

Interface's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.84%), Frontier Capital Management Co. LLC (5.68%), Barrow Hanley Mewhinney & Strauss LLC (5.07%), Dimensional Fund Advisors LP (4.28%), State Street Corp (3.81%) and Wellington Management Group LLP (3.25%).
View institutional ownership trends.

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.
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One share of TILE stock can currently be purchased for approximately $7.02.

Interface (NASDAQ:TILE) has a market capitalization of $407.23 million and generates $1.30 billion in revenue each year. The textile maker earns $19.56 million in net income (profit) each year or $0.09 on an earnings per share basis.

The company employs 3,671 workers across the globe.

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.