Shares of Interface, Inc. (NASDAQ:TILE – Get Free Report) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $32.30 and traded as low as $29.00. Interface shares last traded at $30.74, with a volume of 1,862,459 shares trading hands.
Key Interface News
Here are the key news stories impacting Interface this week:
- Positive Sentiment: Adjusted earnings per share were $0.68, beating the $0.61 consensus estimate and rising 11.5% year over year. Interface Q3 Earnings Top Estimates
- Neutral Sentiment: Revenue edged up 0.6% year over year to $366.7 million, while GAAP diluted EPS was $0.67, down 14.1%. Interface Reports Third Quarter 2026 Results
- Negative Sentiment: Quarterly sales missed analysts’ $377.6 million estimate. Interface’s FY 2026 revenue guidance of $1.4 billion–$1.5 billion also falls short of the roughly $1.5 billion consensus at the midpoint, raising concerns about near-term growth. Interface Q3 Revenue Flash
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Weiss Ratings downgraded Interface from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, October 27th. Barrington Research lifted their target price on shares of Interface from $36.00 to $45.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Zacks Research downgraded shares of Interface from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Finally, Wall Street Zen lowered shares of Interface from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Interface currently has an average rating of “Moderate Buy” and an average target price of $40.50.
Read Our Latest Report on Interface
Interface Stock Down 18.7%
The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 13.03, a P/E/G ratio of 0.87 and a beta of 2.08. The stock has a fifty day moving average of $35.64 and a two-hundred day moving average of $32.30. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.53 and a quick ratio of 1.35.
Interface (NASDAQ:TILE – Get Free Report) last announced its earnings results on Friday, November 6th. The textile maker reported $0.68 EPS for the quarter, topping the consensus estimate of $0.61 by $0.07. Interface had a return on equity of 21.77% and a net margin of 10.10%. The firm had revenue of $366.74 million for the quarter, compared to the consensus estimate of $377.60 million. During the same period in the previous year, the business earned $0.61 EPS. The business’s quarterly revenue was up .6% compared to the same quarter last year. Sell-side analysts anticipate that Interface, Inc. will post 2.36 earnings per share for the current year.
Interface Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.12 annualized dividend and a dividend yield of 0.4%. Interface’s dividend payout ratio is presently 4.86%.
Insider Transactions at Interface
In related news, Director Daniel T. Hendrix sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $37.13, for a total value of $297,040.00. Following the sale, the director directly owned 88,147 shares in the company, valued at $3,272,898.11. This represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP David B. Foshee sold 28,451 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $35.99, for a total value of $1,023,951.49. Following the completion of the sale, the vice president owned 146,563 shares in the company, valued at $5,274,802.37. The trade was a 16.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 65,621 shares of company stock worth $2,378,904 over the last ninety days. 2.47% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP bought a new stake in shares of Interface in the 2nd quarter valued at $36,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Interface during the second quarter worth $39,000. Farther Finance Advisors LLC raised its stake in Interface by 39.1% during the third quarter. Farther Finance Advisors LLC now owns 1,271 shares of the textile maker’s stock worth $44,000 after buying an additional 357 shares during the last quarter. Nykredit A S bought a new position in Interface during the second quarter worth $47,000. Finally, Quantbot Technologies LP bought a new position in Interface during the second quarter worth $83,000. Institutional investors and hedge funds own 98.34% of the company’s stock.
About Interface
Interface, Inc designs and manufactures modular flooring products for commercial, institutional and residential interiors. Its portfolio includes carpet tile, broadloom carpet and resilient flooring, including luxury vinyl tile. The company serves markets such as corporate offices, hospitality, education, healthcare and retail.
Founded in 1973 by Ray Anderson, Interface is headquartered in Atlanta, Georgia, and sells its products through a global network serving customers in North America, Europe and the Asia-Pacific region.
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