Brokers expect Ethan Allen Interiors Inc. (NYSE:ETD – Get Rating) to post earnings per share (EPS) of $0.76 for the current quarter, Zacks reports. Two analysts released earnings estimates for Ethan Allen Interiors, with the lowest EPS estimate at $0.74 and the highest at $0.77. Ethan Allen Interiors posted earnings per share of $0.58 in the same quarter last year, indicating a positive growth rate of 31% year over year. The company is expected to release its next quarterly results after the market closes on Monday, January 1.
According to Zacks, analysts expect Ethan Allen Interiors to report annual earnings of $3.28 per share for the current fiscal year, with EPS estimates ranging from $3.20 to $3.35. For the next fiscal year, analysts expect the company to post earnings of $3.13 per share, with EPS estimates ranging from $2.90 to $3.35. Zacks’ earnings per share calculations are an average average based on a survey of sell-side research analysts who cover Ethan Allen Interiors.
Ethan Allen Interiors (NYSE:ETD – Get Rating) last released quarterly earnings data on Thursday, January 27. The company reported earnings per share (EPS) of $0.95 for the quarter, beating the Zacks consensus estimate of $0.76 by $0.19. Ethan Allen Interiors achieved a return on equity of 22.07% and a net margin of 10.84%. The company posted revenue of $208.09 million in the quarter, compared to $187.25 million expected by analysts. In the same quarter of the previous year, the company achieved EPS of $0.69. Ethan Allen Interiors sales increased 16.4% compared to the same quarter last year.
A number of stock analysts have recently released reports on ETD stocks. StockNews.com began covering Ethan Allen Interiors in a report on Thursday, March 31. They set a “buy” rating for the company. Zacks Investment Research downgraded Ethan Allen Interiors from a “buy” rating to a “hold” rating in a Wednesday, March 30 research report.
ETD opened at $25.26 on Friday. The company has a fifty-day moving average of $25.73 and a 200-day moving average of $25.12. Ethan Allen Interiors has a 52-week low of $22.02 and a 52-week high of $32.15. The stock has a market capitalization of $639.08 million, a P/E ratio of 7.99 and a beta of 1.11.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 23. Shareholders of record on Tuesday, February 8 received a dividend of $0.29 per share. This represents a dividend of $1.16 on an annualized basis and a yield of 4.59%. The ex-dividend date was Monday, February 7. Ethan Allen Interiors’ dividend payout ratio (DPR) is currently 36.71%.
A number of hedge funds and other institutional investors have recently changed their holdings in the company. Ritholtz Wealth Management acquired a new stake in Ethan Allen Interiors during Q1 valued at $434,000. The Alaska State Department of Revenue bought a new position in Ethan Allen Interiors stock in Q1 worth $399,000. Investors Research Corp bought a new position in Ethan Allen Interiors stock in Q1 worth $724,000. Cim LLC bought a new position in Ethan Allen Interiors stock in Q1 worth $356,000. Finally, Maryland State Retirement & Pension System bought a new position in Ethan Allen Interiors stock in Q1 worth $232,000. 86.63% of the shares are held by institutional investors and hedge funds.
Ethan Allen Interiors Company Profile (Get a rating)
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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