Interface (TILE) Expected to Announce Earnings on Friday

Interface (NASDAQ:TILE) is expected to post its Q2 2025 quarterly earnings results before the market opens on Friday, August 1st. Analysts expect Interface to post earnings of $0.47 per share and revenue of $360.57 million for the quarter. Interface has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

Interface (NASDAQ:TILE) last released its quarterly earnings results on Friday, May 2nd. The textile maker reported $0.25 EPS for the quarter, beating the consensus estimate of $0.21 by $0.04. Interface had a net margin of 6.48% and a return on equity of 17.73%. The company had revenue of $297.41 million for the quarter, compared to analyst estimates of $297.11 million. During the same quarter last year, the business earned $0.24 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. On average, analysts expect Interface to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Interface Stock Down 2.3%

Shares of NASDAQ TILE opened at $20.64 on Thursday. The company’s 50-day simple moving average is $20.76 and its 200-day simple moving average is $20.73. Interface has a 52-week low of $14.75 and a 52-week high of $27.34. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 0.89 and a beta of 1.97. The company has a quick ratio of 1.42, a current ratio of 2.76 and a debt-to-equity ratio of 0.59.

Interface Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.19%. Interface’s payout ratio is presently 2.76%.

Insider Activity

In related news, VP James Poppens sold 19,474 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $20.14, for a total transaction of $392,206.36. Following the transaction, the vice president owned 130,142 shares of the company’s stock, valued at approximately $2,621,059.88. This represents a 13.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Interface

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in shares of Interface by 8.4% in the 1st quarter. Royal Bank of Canada now owns 19,657 shares of the textile maker’s stock worth $390,000 after purchasing an additional 1,522 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Interface by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,118 shares of the textile maker’s stock valued at $677,000 after purchasing an additional 1,485 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Interface by 6.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 151,950 shares of the textile maker’s stock valued at $3,015,000 after buying an additional 9,580 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Interface by 5.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 748,701 shares of the textile maker’s stock worth $14,854,000 after purchasing an additional 42,011 shares in the last quarter. Institutional investors own 98.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TILE. Barrington Research reaffirmed an “outperform” rating and set a $30.00 target price on shares of Interface in a research note on Tuesday, July 22nd. Wall Street Zen upgraded shares of Interface from a “hold” rating to a “buy” rating in a report on Saturday, May 10th.

About Interface

Interface, Inc designs, produces, and sells modular carpet products primarily worldwide. The company operates in two segments, Americas (AMS), and Europe, Africa, Asia and Australia (EAAA). The company offers modular carpets under the Interface and FLOR brand names; luxury vinyl tiles; carpet tiles under the CQuestGB name for use in commercial interiors, include offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; and modular resilient flooring products.