Haverty Furniture Companies (NYSE:HVT.A) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Haverty Furniture Companies, Inc. (NYSE:HVT.AGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $22.21 and traded as low as $21.93. Haverty Furniture Companies shares last traded at $22.58, with a volume of 434 shares changing hands.

Haverty Furniture Companies Price Performance

The stock has a market capitalization of $370.49 million, a price-to-earnings ratio of 14.20 and a beta of 1.24. The stock has a 50 day moving average price of $22.21 and a 200-day moving average price of $24.03.

Haverty Furniture Companies (NYSE:HVT.AGet Free Report) last announced its earnings results on Monday, February 24th. The company reported $0.47 earnings per share (EPS) for the quarter. The business had revenue of $184.35 million for the quarter.

Haverty Furniture Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 6th will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, March 6th. This represents a $1.20 annualized dividend and a yield of 5.31%. Haverty Furniture Companies’s dividend payout ratio is presently 102.56%.

About Haverty Furniture Companies

(Get Free Report)

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 Sealy, Tempur-Pedic, and Serta names, as well as private label Skye name.

See Also

Receive News & Ratings for Haverty Furniture Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Haverty Furniture Companies and related companies with MarketBeat.com's FREE daily email newsletter.