Sidoti Brokers Reduce Earnings Estimates for HVT

Haverty Furniture Companies, Inc. (NYSE:HVTFree Report) – Stock analysts at Sidoti decreased their Q3 2026 earnings per share estimates for Haverty Furniture Companies in a note issued to investors on Wednesday, August 5th. Sidoti analyst A. Lebiedzinski now expects that the company will earn $0.50 per share for the quarter, down from their previous estimate of $0.51. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $1.62 per share. Sidoti also issued estimates for Haverty Furniture Companies’ Q4 2026 earnings at $0.77 EPS, Q1 2027 earnings at $0.52 EPS, Q2 2027 earnings at $0.57 EPS, Q4 2027 earnings at $1.07 EPS and FY2027 earnings at $3.02 EPS.

Several other brokerages have also recently issued reports on HVT. Zacks Research raised shares of Haverty Furniture Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Haverty Furniture Companies in a research report on Tuesday. Finally, Wall Street Zen cut Haverty Furniture Companies from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Haverty Furniture Companies

Haverty Furniture Companies Stock Up 2.0%

HVT stock opened at $28.84 on Thursday. Haverty Furniture Companies has a 52-week low of $19.89 and a 52-week high of $29.33. The stock’s fifty day simple moving average is $24.74 and its 200-day simple moving average is $23.80. The stock has a market capitalization of $464.10 million, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 1.46 and a beta of 1.20.

Haverty Furniture Companies (NYSE:HVTGet Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $194.94 million for the quarter, compared to analysts’ expectations of $189.19 million. Haverty Furniture Companies had a return on equity of 7.15% and a net margin of 2.93%.

Hedge Funds Weigh In On Haverty Furniture Companies

Several institutional investors have recently modified their holdings of HVT. Raymond James Financial Inc. acquired a new stake in shares of Haverty Furniture Companies in the 2nd quarter worth about $31,000. CANADA LIFE ASSURANCE Co boosted its stake in Haverty Furniture Companies by 57.0% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,721 shares of the company’s stock valued at $40,000 after purchasing an additional 625 shares during the period. State of Alaska Department of Revenue acquired a new position in Haverty Furniture Companies during the 4th quarter valued at about $45,000. Fifth Third Bancorp bought a new position in Haverty Furniture Companies in the 1st quarter worth about $49,000. Finally, State of Wyoming bought a new position in Haverty Furniture Companies in the 2nd quarter worth about $58,000. 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 Tuesday, June 16th. Shareholders of record on Monday, June 1st were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, June 1st. Haverty Furniture Companies’s dividend payout ratio is 110.00%.

About Haverty Furniture Companies

(Get Free Report)

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.

Further Reading

Earnings History and Estimates for Haverty Furniture Companies (NYSE:HVT)

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