Haverty Furniture Companies (NYSE:HVT – Get Rating) posted its quarterly earnings data on Monday. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.31, MarketWatch Earnings reports. Haverty Furniture Companies had a net margin of 8.94% and a return on equity of 32.53%. During the same quarter in the prior year, the business earned $1.04 EPS.
HVT traded down $1.23 on Thursday, reaching $26.55. 2,695 shares of the company’s stock were exchanged, compared to its average volume of 150,837. Haverty Furniture Companies has a twelve month low of $24.35 and a twelve month high of $52.84. The stock has a market cap of $450.55 million, a PE ratio of 5.26 and a beta of 1.35. The stock’s fifty day moving average price is $27.74 and its 200-day moving average price is $29.73.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 25th. Stockholders of record on Friday, March 11th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.77%. The ex-dividend date was Thursday, March 10th. Haverty Furniture Companies’s dividend payout ratio is currently 20.08%.
A number of research analysts recently weighed in on HVT shares. StockNews.com assumed coverage on shares of Haverty Furniture Companies in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Zacks Investment Research upgraded Haverty Furniture Companies from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Monday, February 21st.
About Haverty Furniture Companies (Get Rating)
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, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name.
- Get a free copy of the StockNews.com research report on Haverty Furniture Companies (HVT)
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