Sidoti Csr Issues Optimistic Forecast for HVT Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT) – Investment analysts at Sidoti Csr upped their Q4 2026 earnings per share estimates for shares of Haverty Furniture Companies in a research note issued on Tuesday, February 25th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $1.11 for the quarter, up from their previous estimate of $1.06. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $0.88 per share.

Haverty Furniture Companies (NYSE:HVT) last announced its quarterly earnings results on Monday, February 24th. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.30. The company had revenue of $184.35 million during the quarter, compared to analyst estimates of $179.84 million. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%.

Haverty Furniture Companies Trading Up 0.2 %

NYSE:HVT opened at $22.78 on Thursday. The company has a 50-day moving average price of $22.15 and a 200-day moving average price of $24.10. The stock has a market cap of $373.77 million, a price-to-earnings ratio of 14.33, a P/E/G ratio of 1.15 and a beta of 1.48. Haverty Furniture Companies has a 12 month low of $21.04 and a 12 month high of $34.98.

Haverty Furniture Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be given a dividend of $0.32 per share. The ex-dividend date is Thursday, March 6th. This represents a $1.28 annualized dividend and a yield of 5.62%. Haverty Furniture Companies’s payout ratio is 109.40%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC grew its stake in Haverty Furniture Companies by 149.2% in the third quarter. Nisa Investment Advisors LLC now owns 14,381 shares of the company’s stock worth $395,000 after purchasing an additional 8,611 shares during the period. US Bancorp DE bought a new stake in shares of Haverty Furniture Companies during the 3rd quarter valued at $109,000. CWA Asset Management Group LLC purchased a new stake in shares of Haverty Furniture Companies in the 3rd quarter worth about $3,956,000. Empowered Funds LLC increased its stake in shares of Haverty Furniture Companies by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 81,645 shares of the company’s stock worth $2,243,000 after acquiring an additional 4,154 shares in the last quarter. Finally, Quest Partners LLC purchased a new position in Haverty Furniture Companies during the 3rd quarter valued at about $185,000. Institutional investors own 80.57% of the company’s stock.

About Haverty Furniture Companies

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 and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.