Ethan Allen Interiors Inc. (NYSE:ETH) – Equities researchers at KeyCorp decreased their Q2 2020 earnings per share estimates for shares of Ethan Allen Interiors in a report released on Thursday, October 17th. KeyCorp analyst B. Thomas now expects that the company will earn $0.45 per share for the quarter, down from their previous forecast of $0.48. KeyCorp also issued estimates for Ethan Allen Interiors’ Q3 2020 earnings at $0.32 EPS, Q4 2020 earnings at $0.47 EPS, FY2020 earnings at $1.58 EPS and FY2021 earnings at $1.68 EPS.

Ethan Allen Interiors (NYSE:ETH) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.46 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.04). Ethan Allen Interiors had a return on equity of 11.13% and a net margin of 3.44%. The company had revenue of $183.90 million during the quarter, compared to analyst estimates of $200.20 million. During the same period last year, the firm earned $0.43 earnings per share. The business’s revenue was down 10.6% compared to the same quarter last year.

Separately, Zacks Investment Research raised Ethan Allen Interiors from a “sell” rating to a “hold” rating in a report on Tuesday, October 1st. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Ethan Allen Interiors currently has a consensus rating of “Hold” and a consensus target price of $20.82.

NYSE ETH opened at $18.97 on Monday. Ethan Allen Interiors has a fifty-two week low of $16.63 and a fifty-two week high of $23.11. The stock has a market cap of $509.14 million, a price-to-earnings ratio of 12.16 and a beta of 0.98. The business has a fifty day moving average of $18.45 and a 200-day moving average of $19.87.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, October 10th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.43%. This is a boost from Ethan Allen Interiors’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Wednesday, October 9th. Ethan Allen Interiors’s payout ratio is 53.85%.

In other news, SVP Daniel M. Grow sold 1,500 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $19.24, for a total value of $28,860.00. Following the completion of the transaction, the senior vice president now directly owns 4,214 shares of the company’s stock, valued at $81,077.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 10.40% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ETH. Parallel Advisors LLC increased its stake in Ethan Allen Interiors by 1,314.0% in the second quarter. Parallel Advisors LLC now owns 1,513 shares of the company’s stock valued at $32,000 after purchasing an additional 1,406 shares during the last quarter. Quantamental Technologies LLC increased its stake in Ethan Allen Interiors by 804.5% in the second quarter. Quantamental Technologies LLC now owns 3,582 shares of the company’s stock valued at $75,000 after purchasing an additional 3,186 shares during the last quarter. Financial Engines Advisors L.L.C. acquired a new position in Ethan Allen Interiors in the second quarter valued at $205,000. Pacer Advisors Inc. increased its stake in Ethan Allen Interiors by 53.0% in the third quarter. Pacer Advisors Inc. now owns 9,801 shares of the company’s stock valued at $187,000 after purchasing an additional 3,394 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in Ethan Allen Interiors by 24.9% in the second quarter. Bank of Montreal Can now owns 10,071 shares of the company’s stock valued at $212,000 after purchasing an additional 2,009 shares during the last quarter. 91.98% of the stock is owned by institutional investors.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.

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

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