Ethan Allen Interiors Inc. to Post Q1 2018 Earnings of $0.46 Per Share, KeyCorp Forecasts (NYSE:ETH)

Ethan Allen Interiors Inc. (NYSE:ETH) – Research analysts at KeyCorp issued their Q1 2018 earnings estimates for Ethan Allen Interiors in a research note issued to investors on Wednesday. KeyCorp analyst B. Thomas forecasts that the company will earn $0.46 per share for the quarter. KeyCorp also issued estimates for Ethan Allen Interiors’ Q2 2018 earnings at $0.46 EPS, Q3 2018 earnings at $0.29 EPS and Q4 2018 earnings at $0.49 EPS.

Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.42. The business had revenue of $194.90 million for the quarter, compared to analysts’ expectations of $194.94 million. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. The business’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same period last year, the firm posted $0.57 earnings per share.

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A number of other research analysts have also weighed in on ETH. BidaskClub lowered Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. TheStreet raised Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th. Telsey Advisory Group cut their price objective on Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating on the stock in a report on Thursday, April 27th. Finally, Stifel Nicolaus cut their price objective on Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Friday, April 28th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $33.25.

Shares of Ethan Allen Interiors (NYSE ETH) traded up 0.77% on Friday, reaching $32.55. The company’s stock had a trading volume of 350,643 shares. The stock has a market cap of $899.42 million, a PE ratio of 25.23 and a beta of 1.17. The firm has a 50 day moving average price of $30.61 and a 200-day moving average price of $29.82. Ethan Allen Interiors has a 12-month low of $26.75 and a 12-month high of $38.80.

Several hedge funds have recently modified their holdings of the company. State of Alaska Department of Revenue increased its stake in shares of Ethan Allen Interiors by 77.5% in the first quarter. State of Alaska Department of Revenue now owns 4,900 shares of the company’s stock worth $150,000 after buying an additional 2,140 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Ethan Allen Interiors by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 4,980 shares of the company’s stock worth $153,000 after buying an additional 180 shares during the last quarter. Mason Street Advisors LLC increased its stake in shares of Ethan Allen Interiors by 7.2% in the first quarter. Mason Street Advisors LLC now owns 5,957 shares of the company’s stock worth $183,000 after buying an additional 398 shares during the last quarter. First Citizens Bank & Trust Co. increased its stake in shares of Ethan Allen Interiors by 4.9% in the first quarter. First Citizens Bank & Trust Co. now owns 7,149 shares of the company’s stock worth $219,000 after buying an additional 335 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Ethan Allen Interiors by 4.4% in the first quarter. Bank of Montreal Can now owns 8,062 shares of the company’s stock worth $247,000 after buying an additional 341 shares during the last quarter. Hedge funds and other institutional investors own 99.16% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Tuesday, October 10th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, October 6th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.33%. Ethan Allen Interiors’s payout ratio is 58.92%.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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