Sidoti Brokers Lower Earnings Estimates for HVT

Haverty Furniture Companies, Inc. (NYSE:HVT) – Analysts at Sidoti decreased their Q3 2026 earnings per share estimates for shares of Haverty Furniture Companies in a research report issued on Thursday, October 1st. Sidoti analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.47 for the quarter, down from their previous forecast of $0.50. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $1.59 per share. Sidoti also issued estimates for Haverty Furniture Companies’ Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $1.70 EPS, Q1 2027 earnings at $0.50 EPS, Q2 2027 earnings at $0.56 EPS and FY2027 earnings at $3.00 EPS.

A number of other analysts also recently commented on HVT. Weiss Ratings raised Haverty Furniture Companies from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 18th. Zacks Research upgraded shares of Haverty Furniture Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Wall Street Zen raised Haverty Furniture Companies from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Haverty Furniture Companies Trading Up 0.1%

HVT stock opened at $27.45 on Friday. Haverty Furniture Companies has a 52 week low of $19.89 and a 52 week high of $29.83. The company has a market capitalization of $427.87 million, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 1.44 and a beta of 1.22. The firm’s 50-day moving average is $27.58 and its two-hundred day moving average is $24.61.

Haverty Furniture Companies (NYSE:HVT) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Haverty Furniture Companies had a return on equity of 7.15% and a net margin of 2.93%.The company had revenue of $194.94 million during the quarter, compared to analyst estimates of $189.19 million.

Hedge Funds Weigh In On Haverty Furniture Companies

Institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC bought a new stake in Haverty Furniture Companies during the 2nd quarter valued at approximately $1,042,000. Sei Investments Co. boosted its position in shares of Haverty Furniture Companies by 65.5% in the first quarter. Sei Investments Co. now owns 164,994 shares of the company’s stock valued at $3,495,000 after acquiring an additional 65,292 shares during the period. Pzena Investment Management LLC acquired a new stake in shares of Haverty Furniture Companies in the second quarter worth $39,915,000. BlackRock Inc. bought a new position in Haverty Furniture Companies during the second quarter worth $39,128,000. Finally, Bank of New York Mellon Corp bought a new position in Haverty Furniture Companies during the second quarter worth $4,123,000. 80.57% of the stock is currently owned by institutional investors.

Insider Transactions at Haverty Furniture Companies

In related news, Chairman Clarence Smith sold 20,991 shares of Haverty Furniture Companies stock in a transaction on Monday, August 17th. The shares were sold at an average price of $28.16, for a total value of $591,106.56. Following the transaction, the chairman owned 71,705 shares in the company, valued at $2,019,212.80. This trade represents a 22.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 8.40% of the company’s stock.

Haverty Furniture Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Tuesday, August 25th. Haverty Furniture Companies’s dividend payout ratio is currently 97.06%.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc is a specialty retailer of residential furniture and related home furnishings. The company sells furniture for living rooms, bedrooms, dining rooms, home offices and other areas of the home, along with mattresses, rugs, lighting, accent pieces and home accessories. Havertys offers its products through retail stores and its e-commerce platform.

The company also provides services intended to support the furniture-buying process, including interior design assistance, in-home delivery and furniture financing options.