Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products, as well as mattress product lines under the Sealy, Tempur-Pedic, Serta, Stearns & Foster, and Beautyrest Black names. The company sells home furnishings through its retail stores, as well as through its Website. As of December 31, 2018 it operated 120 showrooms in 16 states in the Southern and Midwestern regions. Haverty Furniture Companies, Inc. was founded in 1885 and is based in Atlanta, Georgia.
Industry, Sector and Symbol
Industry Furniture stores
Sub-IndustryHomefurnishing Retail
SectorRetail/Wholesale
Phone404-443-2900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$817.73 million
Profitability
Miscellaneous
Employees3,418
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable
Haverty Furniture Companies (NYSE:HVT) Frequently Asked Questions
What is Haverty Furniture Companies' stock symbol?
Haverty Furniture Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "HVT."
How often does Haverty Furniture Companies pay dividends? What is the dividend yield for Haverty Furniture Companies?
Haverty Furniture Companies announced a quarterly dividend on Wednesday, February 27th. Stockholders of record on Wednesday, March 13th will be paid a dividend of $0.18 per share on Thursday, March 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Tuesday, March 12th. View Haverty Furniture Companies' Dividend History.
How will Haverty Furniture Companies' stock buyback program work?
Haverty Furniture Companies announced that its Board of Directors has authorized a share repurchase program on Friday, November 16th 2018, which allows the company to buyback $15,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.
How were Haverty Furniture Companies' earnings last quarter?
Haverty Furniture Companies, Inc. (NYSE:HVT) released its quarterly earnings results on Tuesday, February, 19th. The company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.09. The firm earned $208.97 million during the quarter, compared to analysts' expectations of $199.91 million. Haverty Furniture Companies had a return on equity of 10.51% and a net margin of 3.71%. The company's quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 earnings per share. View Haverty Furniture Companies' Earnings History.
When is Haverty Furniture Companies' next earnings date?
Has Haverty Furniture Companies been receiving favorable news coverage?
Media coverage about HVT stock has trended neutral this week, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Haverty Furniture Companies earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the near term.
Who are some of Haverty Furniture Companies' key competitors?
Some companies that are related to Haverty Furniture Companies include PriceSmart (PSMT), Bloomin' Brands (BLMN), Michaels Companies (MIK), Arcos Dorados (ARCO), Designer Brands (DSW), Abercrombie & Fitch (ANF), Brinker International (EAT), Biglari (BH.A), Papa John's Int'l (PZZA), Sonic (SONC), Dine Brands Global (DIN), Stamps.com (STMP), Cars.com (CARS), Rush Enterprises (RUSHA) and Rush Enterprises (RUSHB).
What other stocks do shareholders of Haverty Furniture Companies own?
Who are Haverty Furniture Companies' key executives?
Haverty Furniture Companies' management team includes the folowing people:
- Mr. Clarence H. Smith, Chairman, Pres & CEO (Age 68)
- Mr. Richard B. Hare, Exec. VP & CFO (Age 52)
- Mr. Steven G. Burdette, Exec. VP of Operations (Age 57)
- Mr. J. Edward Clary, Exec. VP & Chief Information Officer (Age 58)
- Ms. Janet E. Taylor, Sr. VP & Gen. Counsel (Age 57)
Who are Haverty Furniture Companies' major shareholders?
Haverty Furniture Companies' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.59%), Royce & Associates LP (7.19%), LSV Asset Management (5.07%), Northern Trust Corp (3.15%), Bank of New York Mellon Corp (1.78%) and Investment Counselors of Maryland LLC (1.62%). Company insiders that own Haverty Furniture Companies stock include Alfredo Trujillo, Allan J Deniro, Clarence H Smith, Fred L Schuermann, G Thomas Hough, Jenny H Parker, Pine Hill Associates, Llc, Rawson Haverty Jr, Rawson Haverty, Jr, Richard Dewey Gallagher and Steven G Burdette. View Institutional Ownership Trends for Haverty Furniture Companies.
Which major investors are selling Haverty Furniture Companies stock?
HVT stock was sold by a variety of institutional investors in the last quarter, including Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Investment Counselors of Maryland LLC, Barclays PLC, TD Asset Management Inc., Two Sigma Advisers LP, Northern Trust Corp, MetLife Investment Advisors LLC and Strs Ohio. Company insiders that have sold Haverty Furniture Companies company stock in the last year include Alfredo Trujillo, Allan J Deniro, Clarence H Smith, Jenny H Parker, Rawson Haverty, Jr, Richard Dewey Gallagher and Steven G Burdette. View Insider Buying and Selling for Haverty Furniture Companies.
Which major investors are buying Haverty Furniture Companies stock?
HVT stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Millennium Management LLC, Martingale Asset Management L P, BlackRock Inc., Bessemer Group Inc., Municipal Employees Retirement System of Michigan, Assenagon Asset Management S.A. and Acadian Asset Management LLC. View Insider Buying and Selling for Haverty Furniture Companies.
How do I buy shares of Haverty Furniture Companies?
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, Scottrade, Fidelity and Charles Schwab.
What is Haverty Furniture Companies' stock price today?
One share of HVT stock can currently be purchased for approximately $22.06.
How big of a company is Haverty Furniture Companies?
Haverty Furniture Companies has a market capitalization of $453.77 million and generates $817.73 million in revenue each year. The company earns $30.31 million in net income (profit) each year or $1.42 on an earnings per share basis. Haverty Furniture Companies employs 3,418 workers across the globe.
What is Haverty Furniture Companies' official website?
How can I contact Haverty Furniture Companies?
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.
MarketBeat Community Rating for Haverty Furniture Companies (NYSE HVT)
MarketBeat's community ratings are surveys of what our community members think about Haverty Furniture Companies and other stocks. Vote "Outperform" if you believe HVT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HVT will underperform the S&P 500 over the long term. You may vote once every thirty days.
