Sidoti Csr Reduces Earnings Estimates for Hooker Furnishings

Hooker Furnishings Co. (NASDAQ:HOFT) – Sidoti Csr reduced their Q1 2026 EPS estimates for Hooker Furnishings in a research report issued to clients and investors on Friday, December 6th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.19 per share for the quarter, down from their previous estimate of $0.20. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.37) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.51 EPS, FY2026 earnings at $1.29 EPS, Q1 2027 earnings at $0.35 EPS, Q2 2027 earnings at $0.25 EPS, Q3 2027 earnings at $0.50 EPS and FY2027 earnings at $1.65 EPS.

Hooker Furnishings Price Performance

Shares of NASDAQ:HOFT opened at $16.65 on Monday. The firm has a market capitalization of $178.32 million, a price-to-earnings ratio of -18.30 and a beta of 1.22. The business’s 50 day simple moving average is $17.30 and its 200-day simple moving average is $16.04. Hooker Furnishings has a 12 month low of $13.09 and a 12 month high of $27.15.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Barclays PLC boosted its position in shares of Hooker Furnishings by 270.4% in the 3rd quarter. Barclays PLC now owns 15,463 shares of the company’s stock worth $279,000 after buying an additional 11,288 shares in the last quarter. Geode Capital Management LLC raised its position in Hooker Furnishings by 1.0% during the third quarter. Geode Capital Management LLC now owns 241,310 shares of the company’s stock worth $4,364,000 after acquiring an additional 2,493 shares during the last quarter. State Street Corp lifted its holdings in shares of Hooker Furnishings by 4.9% in the third quarter. State Street Corp now owns 172,370 shares of the company’s stock valued at $3,116,000 after purchasing an additional 8,117 shares in the last quarter. Stifel Financial Corp grew its position in shares of Hooker Furnishings by 9.5% in the third quarter. Stifel Financial Corp now owns 44,003 shares of the company’s stock valued at $796,000 after purchasing an additional 3,827 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of Hooker Furnishings by 26.4% during the 3rd quarter. HighTower Advisors LLC now owns 19,004 shares of the company’s stock worth $344,000 after purchasing an additional 3,966 shares in the last quarter. Hedge funds and other institutional investors own 73.63% of the company’s stock.

Hooker Furnishings Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, December 13th. This represents a $0.92 dividend on an annualized basis and a yield of 5.53%. Hooker Furnishings’s payout ratio is -101.10%.

Hooker Furnishings Company Profile

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.