Wall Street brokerages expect that Tile Shop Hldgs, Inc. (NASDAQ:TTS) will post earnings per share of $0.05 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Tile Shop Hldgs’ earnings. The highest EPS estimate is $0.06 and the lowest is $0.04. Tile Shop Hldgs reported earnings per share of $0.07 in the same quarter last year, which suggests a negative year over year growth rate of 28.6%. The business is expected to issue its next quarterly earnings results on Tuesday, February 13th.

On average, analysts expect that Tile Shop Hldgs will report full-year earnings of $0.40 per share for the current year, with EPS estimates ranging from $0.40 to $0.41. For the next year, analysts forecast that the company will report earnings of $0.37 per share, with EPS estimates ranging from $0.35 to $0.40. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Tile Shop Hldgs.

Tile Shop Hldgs (NASDAQ:TTS) last issued its earnings results on Tuesday, October 17th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. Tile Shop Hldgs had a net margin of 5.38% and a return on equity of 15.40%. The company had revenue of $84.40 million for the quarter, compared to the consensus estimate of $84.05 million. During the same period in the previous year, the firm earned $0.10 earnings per share. Tile Shop Hldgs’s quarterly revenue was up 7.4% compared to the same quarter last year.

Several equities research analysts have issued reports on the stock. Citigroup Inc. decreased their price target on shares of Tile Shop Hldgs from $11.00 to $9.00 and set a “neutral” rating on the stock in a research note on Wednesday. BidaskClub raised shares of Tile Shop Hldgs from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. TheStreet cut shares of Tile Shop Hldgs from a “b-” rating to a “c” rating in a research note on Wednesday, October 11th. Zacks Investment Research raised shares of Tile Shop Hldgs from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Finally, Piper Jaffray Companies reaffirmed a “neutral” rating and set a $8.50 price target (down from $14.00) on shares of Tile Shop Hldgs in a research note on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $8.92.

Shares of Tile Shop Hldgs (NASDAQ TTS) traded down 3.672% during trading on Thursday, reaching $8.525. 1,165,075 shares of the company’s stock were exchanged. Tile Shop Hldgs has a 52 week low of $8.25 and a 52 week high of $22.40. The stock has a market capitalization of $442.64 million, a price-to-earnings ratio of 21.312 and a beta of 1.79. The stock has a 50 day moving average price of $12.64 and a 200-day moving average price of $17.12.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 14th. Stockholders of record on Tuesday, October 31st will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, October 30th. This represents a $0.20 annualized dividend and a dividend yield of 2.26%. Tile Shop Hldgs’s payout ratio is currently 55.56%.

In other Tile Shop Hldgs news, Director Peter J. Jacullo III purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, July 24th. The shares were purchased at an average price of $13.90 per share, for a total transaction of $139,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Chris Homeister purchased 9,000 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The stock was acquired at an average price of $13.98 per share, for a total transaction of $125,820.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 62,672 shares of company stock worth $867,906. Insiders own 24.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of TTS. Bank of Montreal Can raised its holdings in Tile Shop Hldgs by 7.7% in the second quarter. Bank of Montreal Can now owns 5,814 shares of the company’s stock valued at $120,000 after buying an additional 416 shares during the period. BNP Paribas Arbitrage SA raised its holdings in Tile Shop Hldgs by 13.2% in the first quarter. BNP Paribas Arbitrage SA now owns 6,867 shares of the company’s stock valued at $132,000 after buying an additional 802 shares during the period. State of Alaska Department of Revenue raised its holdings in Tile Shop Hldgs by 79.3% in the second quarter. State of Alaska Department of Revenue now owns 6,525 shares of the company’s stock valued at $134,000 after buying an additional 2,885 shares during the period. Mason Street Advisors LLC raised its holdings in Tile Shop Hldgs by 6.8% in the first quarter. Mason Street Advisors LLC now owns 7,710 shares of the company’s stock valued at $148,000 after buying an additional 494 shares during the period. Finally, Victory Capital Management Inc. raised its holdings in Tile Shop Hldgs by 14.7% in the first quarter. Victory Capital Management Inc. now owns 8,171 shares of the company’s stock valued at $157,000 after buying an additional 1,046 shares during the period. Hedge funds and other institutional investors own 68.33% of the company’s stock.

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Tile Shop Hldgs Company Profile

Tile Shop Holdings, Inc operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 4,000 products, including ceramic, porcelain, glass, cement, wood look, and metal tiles; and marble, granite, quartz, sandstone, travertine, slate, and onyx tiles primarily under the Rush River and Fired Earth brand names.

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