Interface Stock Price, News & Analysis (NASDAQ:TILE)

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 "moderate buy" TILE shares.
View TILE analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year price targets for Interface's stock. Their TILE share price targets 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 27.2% 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 on January 1st, 2023. Since then, TILE stock has increased by 11.6% and is now trading at $11.01.
View the best growth stocks for 2023 here.

Interface saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 645,000 shares, an increase of 42.5% from the October 31st total of 452,700 shares. Based on an average daily volume of 260,900 shares, the days-to-cover ratio is presently 2.5 days. Approximately 1.1% of the shares of the company are sold short.
View Interface's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our TILE earnings forecast.

Interface, Inc. (NASDAQ:TILE) announced its quarterly earnings data on Friday, November, 3rd. The textile maker reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.02. The textile maker had revenue of $311 million for the quarter, compared to analysts' expectations of $324.59 million. Interface had a net margin of 0.03% and a trailing twelve-month return on equity of 14.08%. The company's quarterly revenue was down 5.1% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS.

Interface declared a quarterly dividend on Tuesday, November 14th. Stockholders of record on Friday, December 1st will be given a dividend of $0.01 per share on Friday, December 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for TILE.

Interface (NASDAQ:TILE) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.38%. The dividend payout ratio is 400.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TILE will have a dividend payout ratio of 5.19% next year. This indicates that the company will be able to sustain or increase its dividend.
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) and Invesco Nasdaq Future Gen 200 ETF (QQQS).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

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

Interface's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (6.22%), Wellington Management Group LLP (4.30%), LSV Asset Management (1.99%), Charles Schwab Investment Management Inc. (1.86%), Matthew 25 Management Corp (1.76%) and Meros Investment Management LP (1.45%).
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.
Compare Top Brokerages Here.