NYSE:HVT - Haverty Furniture Companies Stock Price, Forecast & News

Haverty Furniture Companies' stock was trading at $15.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HVT shares have decreased by 28.3% and is now trading at $10.78. View which stocks have been mosted impacted by Coronavirus.

Haverty Furniture Companies is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Haverty Furniture Companies.

Haverty Furniture Companies, Inc. (NYSE:HVT) announced its quarterly earnings results on Tuesday, February, 18th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.07. The firm earned $213.84 million during the quarter, compared to analysts' expectations of $210.91 million. Haverty Furniture Companies had a net margin of 2.73% and a return on equity of 8.77%. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 earnings per share. View Haverty Furniture Companies' earnings history.

Haverty Furniture Companies declared a quarterly dividend on Wednesday, February 26th. Stockholders of record on Thursday, March 12th will be paid a dividend of $0.20 per share on Friday, March 27th. This represents a $0.80 annualized dividend and a yield of 7.42%. The ex-dividend date of this dividend is Wednesday, March 11th. View Haverty Furniture Companies' dividend history.

Haverty Furniture Companies announced that its board has authorized a stock repurchase program on Friday, November 16th 2018, which permits the company to buyback $15,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 3.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

News headlines about HVT stock have been trending very negative on Friday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Haverty Furniture Companies earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutHaverty Furniture Companies.

Haverty Furniture Companies saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 2,290,000 shares, a decline of 6.5% from the February 13th total of 2,450,000 shares. Based on an average trading volume of 116,500 shares, the days-to-cover ratio is presently 19.7 days. Currently, 14.4% of the shares of the stock are sold short. View Haverty Furniture Companies' Current Options Chain.

Some companies that are related to Haverty Furniture Companies include Williams-Sonoma (WSM), Restoration Hardware (RH), Aaron's (AAN), Bed Bath & Beyond (BBBY), Kirkland's (KIRK) and Pier 1 Imports (PIRRQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Haverty Furniture Companies investors own include AT&T (T), Verizon Communications (VZ), FireEye (FEYE), QUALCOMM (QCOM), Eastman Chemical (EMN), Helmerich & Payne (HP), Applied Materials (AMAT), Advanced Micro Devices (AMD), Cypress Semiconductor (CY) and Pattern Energy Group (PEGI).

Haverty Furniture Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "HVT."

Shares of HVT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HVT stock can currently be purchased for approximately $10.78.

Haverty Furniture Companies has a market capitalization of $204.71 million and generates $802.29 million in revenue each year. The company earns $21.86 million in net income (profit) each year or $1.17 on an earnings per share basis. Haverty Furniture Companies employs 3,425 workers across the globe. View additional information about Haverty Furniture Companies.

The official website for Haverty Furniture Companies is http://www.havertys.com/.

Haverty Furniture Companies' mailing address is 780 JOHNSON FERRY ROAD SUITE 800, ATLANTA GA, 30342. The company can be reached via phone at 404-443-2900.