Sidoti Csr Issues Negative Outlook for HVT Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT) – Equities researchers at Sidoti Csr lowered their Q2 2025 EPS estimates for Haverty Furniture Companies in a report issued on Thursday, October 31st. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings of $0.54 per share for the quarter, down from their prior estimate of $0.57. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $1.39 per share. Sidoti Csr also issued estimates for Haverty Furniture Companies’ Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.77 EPS and FY2026 earnings at $3.17 EPS.

Haverty Furniture Companies (NYSE:HVT) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.09. Haverty Furniture Companies had a net margin of 3.57% and a return on equity of 8.69%. The company had revenue of $178.60 million for the quarter, compared to analysts’ expectations of $182.37 million.

Separately, StockNews.com cut shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report on Friday, October 25th.

Haverty Furniture Companies Price Performance

Shares of NYSE HVT opened at $21.96 on Friday. Haverty Furniture Companies has a 1 year low of $21.61 and a 1 year high of $37.05. The company’s 50-day moving average is $26.01 and its 200 day moving average is $27.14. The stock has a market capitalization of $360.36 million, a P/E ratio of 13.81, a P/E/G ratio of 1.43 and a beta of 1.45.

Hedge Funds Weigh In On Haverty Furniture Companies

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC grew its holdings in shares of Haverty Furniture Companies by 179.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 9,506 shares of the company’s stock valued at $324,000 after buying an additional 6,101 shares during the last quarter. Wulff Hansen & CO. boosted its holdings in Haverty Furniture Companies by 2,503.4% in the second quarter. Wulff Hansen & CO. now owns 573,122 shares of the company’s stock worth $14,494,000 after purchasing an additional 551,108 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Haverty Furniture Companies by 82.2% in the first quarter. BNP Paribas Financial Markets now owns 20,694 shares of the company’s stock worth $706,000 after purchasing an additional 9,335 shares during the last quarter. Vest Financial LLC purchased a new stake in Haverty Furniture Companies in the second quarter worth approximately $1,087,000. Finally, Vanguard Group Inc. boosted its holdings in Haverty Furniture Companies by 1.6% in the first quarter. Vanguard Group Inc. now owns 1,105,487 shares of the company’s stock worth $37,719,000 after purchasing an additional 17,354 shares during the last quarter. Institutional investors own 80.57% of the company’s stock.

Haverty Furniture Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Monday, August 26th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date of this dividend was Monday, August 26th. Haverty Furniture Companies’s dividend payout ratio is 80.50%.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.