News headlines about Hooker Furniture Corporation (NASDAQ:HOFT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hooker Furniture Corporation earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news stories about the company an impact score of 43.5946731086013 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Separately, BidaskClub downgraded Hooker Furniture Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 18th.

Shares of Hooker Furniture Corporation (NASDAQ:HOFT) remained flat at $48.50 during midday trading on Friday. 32,323 shares of the company’s stock traded hands. The company has a market cap of $561.19 million, a price-to-earnings ratio of 18.81 and a beta of 0.62. Hooker Furniture Corporation has a 1-year low of $24.93 and a 1-year high of $50.53. The company has a 50 day moving average price of $43.77 and a 200-day moving average price of $41.49.

Hooker Furniture Corporation (NASDAQ:HOFT) last posted its earnings results on Thursday, September 7th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Hooker Furniture Corporation had a return on equity of 15.28% and a net margin of 4.94%. The firm had revenue of $156.31 million during the quarter, compared to analysts’ expectations of $148.56 million. During the same period in the previous year, the firm earned $0.46 earnings per share. The company’s revenue was up 14.8% on a year-over-year basis. On average, equities research analysts expect that Hooker Furniture Corporation will post $2.78 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were paid a $0.12 dividend. The ex-dividend date was Thursday, September 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.99%. Hooker Furniture Corporation’s payout ratio is 18.53%.

In other Hooker Furniture Corporation news, Director E Larry Ryder sold 1,758 shares of the business’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $46.67, for a total value of $82,045.86. Following the completion of the transaction, the director now directly owns 15,922 shares of the company’s stock, valued at $743,079.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Anne Jacobsen sold 2,350 shares of the business’s stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $45.62, for a total value of $107,207.00. Following the completion of the transaction, the insider now directly owns 5,283 shares of the company’s stock, valued at $241,010.46. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,607 shares of company stock valued at $2,506,409. Insiders own 2.90% of the company’s stock.

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About Hooker Furniture Corporation

Hooker Furniture Corporation is a home furnishings marketing, design and logistics company offering sourcing of residential casegoods and upholstery, as well as domestically-produced leather and fabric-upholstered furniture. The Company operates through three segments: casegoods furniture, upholstered furniture and all other.

Insider Buying and Selling by Quarter for Hooker Furniture Corporation (NASDAQ:HOFT)

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