Haverty Furniture Companies (HVT) Scheduled to Post Quarterly Earnings on Wednesday

Haverty Furniture Companies (NYSE:HVT) will be releasing its earnings data after the market closes on Wednesday, October 30th. Analysts expect Haverty Furniture Companies to post earnings of $0.49 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Haverty Furniture Companies (NYSE:HVT) last posted its earnings results on Wednesday, July 31st. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.18 by $0.09. Haverty Furniture Companies had a net margin of 4.91% and a return on equity of 12.58%. The firm had revenue of $178.60 million during the quarter, compared to analysts’ expectations of $182.37 million. On average, analysts expect Haverty Furniture Companies to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Haverty Furniture Companies Price Performance

Shares of NYSE HVT opened at $24.21 on Tuesday. Haverty Furniture Companies has a 1 year low of $23.09 and a 1 year high of $37.05. The stock has a market capitalization of $393.07 million, a P/E ratio of 8.80, a P/E/G ratio of 1.42 and a beta of 1.45. The company’s 50-day moving average is $26.27 and its 200 day moving average is $27.24.

Haverty Furniture Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Monday, August 26th were given a dividend of $0.32 per share. The ex-dividend date was Monday, August 26th. This represents a $1.28 annualized dividend and a yield of 5.29%. Haverty Furniture Companies’s payout ratio is 46.55%.

Analysts Set New Price Targets

Separately, StockNews.com cut Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research note on Friday.

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.