Ethan Allen Interiors Inc. (NYSE:ETH) – Research analysts at KeyCorp lifted their FY2018 earnings per share estimates for Ethan Allen Interiors in a report issued on Wednesday. KeyCorp analyst B. Thomas now expects that the company will earn $1.72 per share for the year, up from their prior forecast of $1.71. KeyCorp has a “Hold” rating on the stock.

Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, October 25th. The company reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The firm had revenue of $181.30 million for the quarter, compared to the consensus estimate of $181.30 million. During the same quarter in the previous year, the firm earned $0.41 earnings per share. The company’s quarterly revenue was down 6.2% compared to the same quarter last year.

ETH has been the topic of a number of other research reports. Zacks Investment Research raised shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Wednesday, December 20th. TheStreet downgraded shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Friday, October 27th. Dougherty & Co raised shares of Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Friday, October 13th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $27.00 price target (down previously from $33.00) on shares of Ethan Allen Interiors in a research note on Wednesday. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $27.00 price target on shares of Ethan Allen Interiors in a research note on Friday, October 13th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $32.20.

Ethan Allen Interiors (NYSE:ETH) traded up $0.70 during mid-day trading on Thursday, hitting $27.40. 400,231 shares of the stock traded hands, compared to its average volume of 372,087. Ethan Allen Interiors has a 1 year low of $25.40 and a 1 year high of $33.92. The stock has a market capitalization of $716.99, a P/E ratio of 23.83, a PEG ratio of 1.66 and a beta of 1.40.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Tuesday, January 9th. Ethan Allen Interiors’s payout ratio is 66.09%.

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Ethan Allen Interiors by 1.4% during the second quarter. Vanguard Group Inc. now owns 2,420,157 shares of the company’s stock valued at $78,171,000 after acquiring an additional 33,274 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its position in Ethan Allen Interiors by 0.3% during the second quarter. Disciplined Growth Investors Inc. MN now owns 2,266,066 shares of the company’s stock valued at $73,194,000 after acquiring an additional 7,231 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Ethan Allen Interiors by 1.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,913,194 shares of the company’s stock valued at $61,988,000 after acquiring an additional 31,263 shares during the last quarter. Northern Trust Corp increased its position in Ethan Allen Interiors by 24.3% during the second quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock valued at $32,171,000 after acquiring an additional 194,421 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in Ethan Allen Interiors by 8.1% during the second quarter. Alliancebernstein L.P. now owns 911,697 shares of the company’s stock valued at $29,448,000 after acquiring an additional 68,600 shares during the last quarter.

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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.

Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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