Brokers expect Ethan Allen Interiors Inc. (NYSE:ETD) to post EPS of $0.81


Wall Street brokers expect Ethan Allen Interiors Inc. (NYSE: ETD – Get Rating) to report earnings of $0.81 per share for the current quarter, according to Zacks Investment Research. Two analysts have released earnings estimates for Ethan Allen Interiors. The highest EPS estimate is $0.81 and the lowest is $0.80. Ethan Allen Interiors reported earnings of $0.74 per share in the same quarter last year, indicating a positive growth rate of 9.5% year over year. The company is due to release its next results on Monday, January 1.

On average, analysts expect Ethan Allen Interiors to report annual earnings of $3.49 per share for the current fiscal year, with EPS estimates ranging from $3.48 to $3.50. For next year, analysts expect the company to post earnings of $3.08 per share, with EPS estimates ranging from $2.90 to $3.25. Zacks EPS calculations are an average based on a survey of analysts who track Ethan Allen Interiors.

Ethan Allen Interiors (NYSE:ETD – Get Rating) last released its quarterly results on Thursday, April 28. The company reported earnings per share of $0.93 for the quarter, beating the consensus estimate of $0.76 by $0.17. The company posted revenue of $197.66 million for the quarter, versus a consensus estimate of $197.10 million. Ethan Allen Interiors achieved a net margin of 11.73% and a return on equity of 24.15%. The company’s revenue for the quarter increased 11.7% year over year. During the same period last year, the company posted earnings per share of $0.58.

Several equity research analysts have recently released reports on the stock. Zacks Investment Research moved shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3. StockNews.com took over Ethan Allen Interiors stock coverage in a Thursday, March 31 research report. They set a “buy” rating for the company.

Institutional investors and hedge funds have recently changed their positions in the company. Hillsdale Investment Management Inc. acquired a new equity stake in Ethan Allen Interiors during the first quarter valued at approximately $33,000. Dorsey Wright & Associates acquired a new equity stake in Ethan Allen Interiors during the first quarter worth approximately $42,000. Fifth Third Bancorp acquired a new equity stake in Ethan Allen Interiors during the first quarter worth approximately $43,000. Advisor Group Holdings Inc. acquired a new equity stake in Ethan Allen Interiors during the first quarter valued at approximately $815,000. Finally, Mutual of America Capital Management LLC acquired a new equity stake in Ethan Allen Interiors during the first quarter valued at approximately $83,000. Institutional investors and hedge funds hold 85.11% of the company’s shares.

NYSE:ETD opened at $25.34 on Friday. The company’s 50-day moving average price is $25.90 and its 200-day moving average price is $25.30. The company has a market capitalization of $641.66 million, a P/E ratio of 7.20 and a beta of 1.10. Ethan Allen Interiors has a 12-month low of $22.02 and a 12-month high of $32.15.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 25. Investors of record on Tuesday, May 10 will receive a dividend of $0.32 per share. This is a boost from Ethan Allen Interiors’ previous quarterly dividend of $0.29. This represents an annualized dividend of $1.28 and a yield of 5.05%. The ex-dividend date is Monday, May 9. Ethan Allen Interiors’ dividend payout ratio (DPR) is currently 32.95%.

Ethan Allen Interiors Company Profile (Get an evaluation)

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras and Canada. The Company operates through two segments, Wholesale and Retail. Its products include storage items, such as beds, dressers, cabinets, tables, chairs, sideboards, entertainment units, home office furniture and wood accents; upholstery items including sleepers, recliners and other moveable furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics and leather; and home accent items including window treatments and drapery hardware, wall hangings, flowers, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furniture.

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Earnings history and estimates for Ethan Allen Interiors (NYSE:ETD)



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