Sidoti Research Analysts Reduce Earnings Estimates for HVT

by · The Markets Daily

Haverty Furniture Companies, Inc. (NYSE:HVT – Free Report) – Research analysts at Sidoti cut their Q4 2026 earnings estimates for Haverty Furniture Companies in a note issued to investors on Thursday, November 5th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.57 for the quarter, down from their previous estimate of $0.73. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $1.61 per share. Sidoti also issued estimates for Haverty Furniture Companies’ Q1 2027 earnings at $0.38 EPS, Q2 2027 earnings at $0.43 EPS, Q3 2027 earnings at $0.75 EPS, Q1 2028 earnings at $0.57 EPS, Q2 2028 earnings at $0.59 EPS, Q3 2028 earnings at $1.02 EPS and FY2028 earnings at $3.31 EPS.

Haverty Furniture Companies (NYSE:HVT – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.17). The company had revenue of $203.15 million during the quarter, compared to the consensus estimate of $206.87 million. Haverty Furniture Companies had a net margin of 3.10% and a return on equity of 6.96%. During the same quarter in the prior year, the firm posted $0.28 earnings per share.

A number of other research firms also recently commented on HVT. Weiss Ratings upgraded Haverty Furniture Companies from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 18th. Wall Street Zen upgraded Haverty Furniture Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Haverty Furniture Companies currently has an average rating of “Hold”.

View Our Latest Stock Analysis on Haverty Furniture Companies

Haverty Furniture Companies Stock Down 10.9%

Shares of Haverty Furniture Companies stock opened at $26.13 on Friday. The firm has a market cap of $407.40 million, a price-to-earnings ratio of 23.29, a PEG ratio of 1.52 and a beta of 1.33. The business has a 50-day moving average price of $27.99 and a 200-day moving average price of $25.16. Haverty Furniture Companies has a twelve month low of $20.10 and a twelve month high of $30.60.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HVT. Parallel Advisors LLC increased its position in shares of Haverty Furniture Companies by 1.3% during the 3rd quarter. Parallel Advisors LLC now owns 29,652 shares of the company’s stock valued at $820,000 after purchasing an additional 380 shares during the last quarter. Tectonic Advisors LLC lifted its position in Haverty Furniture Companies by 27.2% in the third quarter. Tectonic Advisors LLC now owns 79,791 shares of the company’s stock worth $2,208,000 after buying an additional 17,053 shares during the last quarter. State of Alaska Department of Revenue lifted its position in Haverty Furniture Companies by 41.5% in the third quarter. State of Alaska Department of Revenue now owns 2,759 shares of the company’s stock worth $75,000 after buying an additional 809 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Haverty Furniture Companies by 84.4% in the third quarter. Farther Finance Advisors LLC now owns 1,252 shares of the company’s stock worth $35,000 after buying an additional 573 shares during the last quarter. Finally, Engineers Gate Manager LP boosted its stake in Haverty Furniture Companies by 121.1% during the second quarter. Engineers Gate Manager LP now owns 22,858 shares of the company’s stock worth $584,000 after buying an additional 12,518 shares during the period. Institutional investors own 80.57% of the company’s stock.

Insider Transactions at Haverty Furniture Companies

In other Haverty Furniture Companies news, Chairman Clarence Smith sold 20,991 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $28.16, for a total transaction of $591,106.56. Following the completion of the transaction, the chairman owned 71,705 shares in the company, valued at $2,019,212.80. This trade represents a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 8.40% of the stock is currently owned by insiders.

About Haverty Furniture Companies

(Get Free Report)

Haverty Furniture Companies, Inc is a specialty home-furnishings retailer that sells furniture and related products for living rooms, bedrooms, dining rooms, home offices and other areas of the home. Its merchandise includes sofas, chairs, tables, beds, mattresses, case goods, rugs, lighting and home accessories, with products offered through its retail stores and website.

Founded in Atlanta in 1885 by James Joseph Haverty, the company has grown from a regional furniture business into a multi-state retailer.

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