NYSE:HVTHaverty Furniture Companies Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Haverty Furniture Companies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $17.39 +0.41 (+2.41 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$16.87Now: $17.39▼$17.4550-Day Range$11.47MA: $14.29▼$17.4252-Week Range$9.81Now: $17.39▼$21.43Volume148,600 shsAverage Volume261,273 shsMarket Capitalization$326.93 millionP/E Ratio17.39Dividend Yield3.45%Beta1.44 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingHaverty Furniture Companies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, Haverty Furniture Companies has a potential downside of 31.0% from its current price of $17.39.Amount of Analyst CoverageHaverty Furniture Companies has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesHaverty Furniture Companies has received 364 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHaverty Furniture Companies has received 418 “underperform” votes. (Add your “underperform” vote.)Community SentimentHaverty Furniture Companies has received 53.45% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipHaverty Furniture Companies is a leading dividend payer. It pays a dividend yield of 3.45%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHaverty Furniture Companies has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Haverty Furniture Companies is 51.28 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Haverty Furniture Companies will have a dividend payout ratio of 78.95 % in the coming year. This indicates that Haverty Furniture Companies may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Haverty Furniture Companies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,240.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.99% of the stock of Haverty Furniture Companies is held by insiders.Percentage Held by Institutions85.96% of the stock of Haverty Furniture Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Haverty Furniture Companies are expected to grow by 38.18% in the coming year, from $0.55 to $0.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Haverty Furniture Companies is 17.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Haverty Furniture Companies is 17.39, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.28.Price to Book Value per Share RatioHaverty Furniture Companies has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.34 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Furniture stores Sub-IndustryHomefurnishing Retail SectorRetail/Wholesale Current SymbolNYSE:HVT Previous Symbol CUSIP41959610 CIK216085 Webwww.havertys.com Phone404-443-2900Debt Debt-to-Equity RatioN/A Current Ratio1.50 Quick Ratio0.75Price-To-Earnings Trailing P/E Ratio17.39 Forward P/E Ratio31.62 P/E GrowthN/A Sales & Book Value Annual Sales$802.29 million Price / Sales0.41 Cash Flow$2.32 per share Price / Cash Flow7.51 Book Value$13.63 per share Price / Book1.28Profitability EPS (Most Recent Fiscal Year)$1.17 Net Income$21.86 million Net Margins2.53% Return on Equity8.33% Return on Assets3.84%Miscellaneous Employees3,425 Outstanding Shares18,800,000Market Cap$326.93 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable HVT Rates by TradingView Receive HVT News and Ratings via Email Sign-up to receive the latest news and ratings for HVT and its competitors with MarketBeat's FREE daily newsletter. Haverty Furniture Companies (NYSE:HVT) Frequently Asked Questions How has Haverty Furniture Companies' stock been impacted by COVID-19 (Coronavirus)? Haverty Furniture Companies' stock was trading at $15.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HVT shares have increased by 15.7% and is now trading at $17.39. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Haverty Furniture Companies? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Haverty Furniture Companies in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Haverty Furniture Companies. When is Haverty Furniture Companies' next earnings date? Haverty Furniture Companies is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Haverty Furniture Companies. How were Haverty Furniture Companies' earnings last quarter? Haverty Furniture Companies, Inc. (NYSE:HVT) announced its quarterly earnings results on Wednesday, May, 20th. The company reported $0.09 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.32) by $0.41. The business had revenue of $179.43 million for the quarter, compared to the consensus estimate of $140.40 million. Haverty Furniture Companies had a net margin of 2.53% and a return on equity of 8.33%. View Haverty Furniture Companies' earnings history. 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 Tuesday, May 19th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.15 per share on Friday, June 19th. This represents a $0.60 annualized dividend and a yield of 3.45%. The ex-dividend date is Wednesday, June 3rd. View Haverty Furniture Companies' dividend history. How will Haverty Furniture Companies' stock buyback program work? Haverty Furniture Companies declared that its Board of Directors has authorized a stock buyback program on Friday, November 16th 2018, which permits the company to repurchase $15,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued. What price target have analysts set for HVT? 1 brokers have issued 12 month price targets for Haverty Furniture Companies' shares. Their forecasts range from $12.00 to $12.00. On average, they expect Haverty Furniture Companies' share price to reach $12.00 in the next year. This suggests that the stock has a possible downside of 31.0%. View analysts' price targets for Haverty Furniture Companies. Has Haverty Furniture Companies been receiving favorable news coverage? News articles about HVT stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Haverty Furniture Companies earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutHaverty Furniture Companies. Who are some of Haverty Furniture Companies' key competitors? 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). View all competitors. What other stocks do shareholders of Haverty Furniture Companies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Haverty Furniture Companies investors own include QUALCOMM (QCOM), AT&T (T), Verizon Communications (VZ), Advanced Micro Devices (AMD), Carnival (CCL), Walt Disney (DIS), Applied Materials (AMAT), Alibaba Group (BABA), CROWN CASTLE IN/SH SH (CCI) and Eastman Chemical (EMN). Who are Haverty Furniture Companies' key executives? Haverty Furniture Companies' management team includes the following 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)Mr. J. Rawson Haverty Jr., Sr. VP of Real Estate & Devel. and Director (Age 62) What is Haverty Furniture Companies' stock symbol? Haverty Furniture Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "HVT." Who are Haverty Furniture Companies' major shareholders? Haverty Furniture Companies' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.14%), State Street Corp (3.44%), Grantham Mayo Van Otterloo & Co. LLC (2.03%), Acadian Asset Management LLC (1.62%), Bank of New York Mellon Corp (1.62%) and Geode Capital Management LLC (1.50%). Company insiders that own Haverty Furniture Companies stock include Alfredo Trujillo, Allan J Deniro, Clarence H Smith, G Thomas Hough, Jenny H Parker, 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 Mutual of America Capital Management LLC, BlackRock Inc., Parametric Portfolio Associates LLC, Morgan Stanley, Geode Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, Bank of New York Mellon Corp, and AQR Capital Management LLC. View insider buying and selling activity for Haverty Furniture Companies. Which major investors are buying Haverty Furniture Companies stock? HVT stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., State Street Corp, Engineers Gate Manager LP, Rhumbline Advisers, Wedge Capital Management L L P NC, IndexIQ Advisors LLC, Invesco Ltd., and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have bought Haverty Furniture Companies stock in the last two years include Clarence H Smith, and G Thomas Hough. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Haverty Furniture Companies' stock price today? One share of HVT stock can currently be purchased for approximately $17.39. How big of a company is Haverty Furniture Companies? Haverty Furniture Companies has a market capitalization of $326.93 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. What is Haverty Furniture Companies' official website? The official website for Haverty Furniture Companies is www.havertys.com. 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. This page was last updated on 6/6/2020 by MarketBeat.com Staff
