Ethan Allen Interiors Inc. (NYSE:ETH) VP John S. Bedford II sold 406 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $30.48, for a total transaction of $12,374.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Ethan Allen Interiors Inc. (NYSE ETH) traded up 0.99% on Tuesday, reaching $30.50. 244,005 shares of the company’s stock traded hands. The stock has a market cap of $837.13 million, a price-to-earnings ratio of 23.64 and a beta of 1.17. The stock has a 50 day moving average price of $30.48 and a 200 day moving average price of $29.88. Ethan Allen Interiors Inc. has a 12-month low of $26.75 and a 12-month high of $38.80.

Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.42. Ethan Allen Interiors had a net margin of 4.74% and a return on equity of 10.17%. The business had revenue of $194.90 million for the quarter, compared to analyst estimates of $194.94 million. During the same quarter in the prior year, the business posted $0.57 EPS. Ethan Allen Interiors’s revenue for the quarter was down 5.3% compared to the same quarter last year. Analysts forecast that Ethan Allen Interiors Inc. will post $1.75 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Tuesday, October 10th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.49%. The ex-dividend date is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio (DPR) is currently 58.92%.

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Several research analysts have weighed in on the stock. BidaskClub downgraded shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. TheStreet upgraded shares of Ethan Allen Interiors from a “c+” rating to a “b-” rating in a research report on Thursday, June 29th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Ethan Allen Interiors has a consensus rating of “Buy” and a consensus price target of $33.25.

Hedge funds have recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of Ethan Allen Interiors by 40.7% in the 2nd quarter. Fisher Asset Management LLC now owns 81,365 shares of the company’s stock valued at $2,628,000 after acquiring an additional 23,542 shares during the last quarter. Royce & Associates LP boosted its holdings in shares of Ethan Allen Interiors by 2.5% in the 1st quarter. Royce & Associates LP now owns 2,281,636 shares of the company’s stock valued at $69,932,000 after acquiring an additional 55,800 shares during the last quarter. Teachers Advisors LLC boosted its holdings in shares of Ethan Allen Interiors by 2.8% in the 4th quarter. Teachers Advisors LLC now owns 40,651 shares of the company’s stock valued at $1,498,000 after acquiring an additional 1,117 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Ethan Allen Interiors by 122,313.2% in the 1st quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock valued at $105,279,000 after acquiring an additional 3,432,107 shares during the last quarter. Finally, Comerica Bank boosted its holdings in shares of Ethan Allen Interiors by 4.0% in the 1st quarter. Comerica Bank now owns 28,258 shares of the company’s stock valued at $819,000 after acquiring an additional 1,099 shares during the last quarter. 99.41% of the stock is currently owned by institutional investors and hedge funds.

About Ethan Allen Interiors

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

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