Sidoti Has Negative Outlook of HVT Q1 Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT) – Equities research analysts at Sidoti reduced their Q1 2026 EPS estimates for Haverty Furniture Companies in a research note issued to investors on Wednesday, February 25th. Sidoti analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.25 for the quarter, down from their previous estimate of $0.34. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $0.88 per share. Sidoti also issued estimates for Haverty Furniture Companies’ Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.77 EPS, Q1 2027 earnings at $0.54 EPS, Q2 2027 earnings at $0.57 EPS, Q3 2027 earnings at $0.85 EPS, Q4 2027 earnings at $1.05 EPS and FY2027 earnings at $3.00 EPS.

Haverty Furniture Companies (NYSE:HVT) last released its quarterly earnings results on Monday, February 23rd. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. The firm had revenue of $201.92 million for the quarter, compared to analysts’ expectations of $197.47 million. Haverty Furniture Companies had a return on equity of 6.45% and a net margin of 2.60%.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen raised shares of Haverty Furniture Companies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Haverty Furniture Companies in a research report on Monday, December 29th. Finally, Zacks Research lowered Haverty Furniture Companies from a “hold” rating to a “strong sell” rating in a research note on Monday, December 29th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Haverty Furniture Companies Stock Down 4.2%

Haverty Furniture Companies stock opened at $24.27 on Thursday. Haverty Furniture Companies has a 52-week low of $17.01 and a 52-week high of $27.67. The company has a market cap of $394.79 million, a P/E ratio of 20.74, a P/E/G ratio of 1.02 and a beta of 1.32. The business has a 50-day simple moving average of $25.49 and a two-hundred day simple moving average of $23.54.

Haverty Furniture Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.32 annualized dividend and a yield of 5.4%. Haverty Furniture Companies’s payout ratio is currently 115.79%.

Insider Buying and Selling at Haverty Furniture Companies

In other news, Director Rawson Haverty, Jr. sold 7,500 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $24.86, for a total value of $186,450.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 8.63% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Assenagon Asset Management S.A. purchased a new stake in Haverty Furniture Companies in the 3rd quarter worth $1,123,000. GSA Capital Partners LLP purchased a new position in shares of Haverty Furniture Companies in the third quarter valued at about $1,118,000. Y Intercept Hong Kong Ltd bought a new position in shares of Haverty Furniture Companies in the second quarter worth about $1,288,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Haverty Furniture Companies by 8.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 337,889 shares of the company’s stock worth $6,876,000 after acquiring an additional 24,945 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in shares of Haverty Furniture Companies by 146.3% during the second quarter. Nisa Investment Advisors LLC now owns 9,201 shares of the company’s stock worth $187,000 after purchasing an additional 5,465 shares in the last quarter. Hedge funds and other institutional investors own 80.57% of the company’s stock.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.