ETD FY2025 EPS Estimate Boosted by Telsey Advisory Group

Ethan Allen Interiors Inc. (NYSE:ETD) – Stock analysts at Telsey Advisory Group upped their FY2025 earnings estimates for Ethan Allen Interiors in a research report issued on Thursday, January 30th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will post earnings of $2.32 per share for the year, up from their prior forecast of $2.30. Telsey Advisory Group has a “Market Perform” rating and a $32.00 price target on the stock. The consensus estimate for Ethan Allen Interiors’ current full-year earnings is $2.32 per share.

Separately, Argus reiterated a “hold” rating on shares of Ethan Allen Interiors in a research note on Monday, January 13th.

Ethan Allen Interiors Trading Up 1.3 %

Ethan Allen Interiors stock opened at $30.57 on Monday. The firm has a market cap of $777.42 million, a PE ratio of 12.84 and a beta of 1.31. Ethan Allen Interiors has a 12 month low of $26.53 and a 12 month high of $35.62. The stock’s 50 day simple moving average is $29.17 and its two-hundred day simple moving average is $29.87.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC raised its holdings in shares of Ethan Allen Interiors by 679.5% during the third quarter. Jane Street Group LLC now owns 266,161 shares of the company’s stock valued at $8,488,000 after acquiring an additional 232,015 shares during the last quarter. Millennium Management LLC raised its stake in Ethan Allen Interiors by 2,127.1% in the 2nd quarter. Millennium Management LLC now owns 157,480 shares of the company’s stock valued at $4,392,000 after purchasing an additional 150,409 shares during the last quarter. Hodges Capital Management Inc. raised its stake in Ethan Allen Interiors by 17.9% in the 4th quarter. Hodges Capital Management Inc. now owns 646,084 shares of the company’s stock valued at $18,162,000 after purchasing an additional 98,227 shares during the last quarter. Denali Advisors LLC purchased a new position in Ethan Allen Interiors in the 4th quarter valued at $1,009,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Ethan Allen Interiors during the 3rd quarter worth $1,132,000. 83.80% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ethan Allen Interiors

In other news, CEO M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $28.67, for a total value of $286,700.00. Following the sale, the chief executive officer now owns 1,651,905 shares in the company, valued at $47,360,116.35. This trade represents a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 10.48% of the stock is owned by corporate insiders.

Ethan Allen Interiors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Tuesday, February 11th will be given a dividend of $0.39 per share. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a yield of 5.10%. Ethan Allen Interiors’s dividend payout ratio is currently 65.55%.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.