Sidoti Has Bearish Forecast for HVT FY2026 Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT) – Equities research analysts at Sidoti lowered their FY2026 EPS estimates for shares of Haverty Furniture Companies in a report released on Thursday, November 5th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings per share of $1.32 for the year, down from their prior forecast of $1.70. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $1.35 per share. Sidoti also issued estimates for Haverty Furniture Companies’ Q4 2027 earnings at $0.84 EPS and FY2027 earnings at $2.40 EPS.

HVT has been the topic of a number of other reports. Weiss Ratings raised shares of Haverty Furniture Companies from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 18th. Wall Street Zen cut shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report on Saturday. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Haverty Furniture Companies Stock Performance

HVT opened at $26.17 on Monday. The firm’s fifty day moving average is $27.92 and its two-hundred day moving average is $25.15. The firm has a market cap of $408.02 million, a PE ratio of 23.29, a price-to-earnings-growth ratio of 1.52 and a beta of 1.33. Haverty Furniture Companies has a twelve month low of $20.10 and a twelve month high of $30.60.

Haverty Furniture Companies (NYSE:HVT) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.17). The firm had revenue of $203.15 million for the quarter, compared to the consensus estimate of $206.87 million. Haverty Furniture Companies had a return on equity of 6.96% and a net margin of 3.10%. During the same period in the previous year, the business earned $0.28 EPS.

Haverty Furniture Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Monday, November 23rd will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Monday, November 23rd. Haverty Furniture Companies’s payout ratio is 89.80%.

Insider Buying and Selling at Haverty Furniture Companies

In related news, Chairman Clarence Smith sold 20,991 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $28.16, for a total value of $591,106.56. Following the completion of the transaction, the chairman directly owned 71,705 shares in the company, valued at approximately $2,019,212.80. The trade was a 22.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.40% of the stock is owned by company insiders.

Institutional Trading of Haverty Furniture Companies

Hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its stake in Haverty Furniture Companies by 1.3% in the third quarter. Parallel Advisors LLC now owns 29,652 shares of the company’s stock valued at $820,000 after buying an additional 380 shares in the last quarter. Tectonic Advisors LLC increased its position in shares of Haverty Furniture Companies by 27.2% during the third quarter. Tectonic Advisors LLC now owns 79,791 shares of the company’s stock worth $2,208,000 after acquiring an additional 17,053 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Haverty Furniture Companies by 41.5% during the third quarter. State of Alaska Department of Revenue now owns 2,759 shares of the company’s stock worth $75,000 after acquiring an additional 809 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Haverty Furniture Companies by 84.4% during the third quarter. Farther Finance Advisors LLC now owns 1,252 shares of the company’s stock worth $35,000 after acquiring an additional 573 shares during the period. Finally, Engineers Gate Manager LP raised its holdings in shares of Haverty Furniture Companies by 121.1% during the second quarter. Engineers Gate Manager LP now owns 22,858 shares of the company’s stock worth $584,000 after acquiring an additional 12,518 shares during the period. 80.57% of the stock is currently owned by institutional investors and hedge funds.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc is a specialty home-furnishings retailer that sells furniture and related products for living rooms, bedrooms, dining rooms, home offices and other areas of the home. Its merchandise includes sofas, chairs, tables, beds, mattresses, case goods, rugs, lighting and home accessories, with products offered through its retail stores and website.

Founded in Atlanta in 1885 by James Joseph Haverty, the company has grown from a regional furniture business into a multi-state retailer.