Brokerages Set Arhaus, Inc. (NASDAQ:ARHS) Price Target at $11.00

Shares of Arhaus, Inc. (NASDAQ:ARHS) have been given a consensus recommendation of “Hold” by the thirteen brokerages that are covering the company, MarketBeat Ratings reports. Ten analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $11.00.

ARHS has been the topic of several analyst reports. Telsey Advisory Group lifted their target price on Arhaus from $12.00 to $13.00 and gave the company a “market perform” rating in a research note on Thursday, February 26th. Morgan Stanley increased their price target on shares of Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Stifel Nicolaus set a $12.00 price objective on shares of Arhaus in a research note on Monday, March 2nd. Finally, Jefferies Financial Group reissued a “hold” rating and set a $9.50 target price on shares of Arhaus in a research report on Thursday, February 26th.

Arhaus Stock Up 4.9%

Shares of NASDAQ ARHS opened at $6.85 on Monday. The company has a current ratio of 1.37, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $966.67 million, a PE ratio of 14.27, a price-to-earnings-growth ratio of 1.36 and a beta of 2.54. The stock’s fifty day simple moving average is $8.98 and its two-hundred day simple moving average is $10.01. Arhaus has a 12-month low of $6.45 and a 12-month high of $12.98.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $364.85 million during the quarter, compared to analyst estimates of $351.53 million. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.15 EPS. As a group, analysts expect that Arhaus will post 0.46 EPS for the current fiscal year.

Arhaus Announces Dividend

The firm also recently declared a special dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, March 18th.

Institutional Trading of Arhaus

A number of institutional investors have recently made changes to their positions in ARHS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Arhaus by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock valued at $265,000 after buying an additional 1,326 shares in the last quarter. Millennium Management LLC boosted its holdings in Arhaus by 83.8% in the first quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock worth $6,061,000 after acquiring an additional 317,631 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Arhaus by 24.1% during the first quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock worth $5,398,000 after acquiring an additional 120,314 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Arhaus by 0.3% during the second quarter. Geode Capital Management LLC now owns 1,254,147 shares of the company’s stock worth $10,875,000 after acquiring an additional 3,146 shares during the last quarter. Finally, Intech Investment Management LLC increased its holdings in shares of Arhaus by 13.4% during the second quarter. Intech Investment Management LLC now owns 26,819 shares of the company’s stock valued at $233,000 after acquiring an additional 3,178 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

About Arhaus

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.