Stock analysts expect Ethan Allen Interiors Inc. (NYSE: ETD – Get Rating) to post earnings of $0.81 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts provided earnings estimates for Ethan Allen Interiors, with the highest EPS estimate of $0.81 and the lowest estimate of $0.80. Ethan Allen Interiors posted 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 expected to release its next quarterly results on Monday, January 1.
According to Zacks, 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 Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts who provide coverage for Ethan Allen Interiors.
Ethan Allen Interiors (NYSE:ETD – Get Rating) last released its results on Thursday, April 28. The company reported EPS of $0.93 for the quarter, beating consensus analyst estimates of $0.76 by $0.17. Ethan Allen Interiors achieved a net margin of 11.73% and a return on equity of 24.15%. The company posted revenue of $197.66 million for the quarter, versus a consensus estimate of $197.10 million. During the same quarter last year, the company posted EPS of $0.58. The company’s revenue for the quarter increased 11.7% year over year.
Several analysts have recently commented on the stock. StockNews.com upgraded shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating in a report on Tuesday, May 17. Zacks Investment Research downgraded Ethan Allen Interiors from a “buy” rating to a “hold” rating in a Tuesday, May 3, research rating.
ETD shares rose $0.35 during Friday trading hours, hitting $23.61. 8,810 shares of the company were traded, against an average volume of 414,212. Ethan Allen Interiors has a 1-year low of $20.86 and a 1-year high of $31.11. The stock has a market capitalization of $597.85 million, a PE ratio of 6.68 and a beta of 1.10. The stock’s fifty-day moving average price is $25.11 and its two-hundred-day moving average price is $25.20.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 25. Shareholders of record on Tuesday, May 10 received a dividend of $0.32. This is a boost from Ethan Allen Interiors’ previous quarterly dividend of $0.29. The ex-dividend date was Monday, May 9. This represents a dividend of $1.28 on an annualized basis and a yield of 5.42%. Ethan Allen Interiors’ payout ratio is currently 36.36%.
Several large investors have recently bought and sold shares of the company. Hillsdale Investment Management Inc. bought a new position in Ethan Allen Interiors in Q1 worth $33,000. Metropolitan Life Insurance Co NY acquired a new equity stake in Ethan Allen Interiors during the first quarter worth approximately $39,000. PNC Financial Services Group Inc. acquired a new position in Ethan Allen Interiors during Q1 worth $41,000. Dorsey Wright & Associates bought a new equity stake in Ethan Allen Interiors in Q1 worth approximately $42,000. Finally, Fifth Third Bancorp bought a new position in Ethan Allen Interiors stock in Q1 valued at around $43,000. Hedge funds and other institutional investors own 85.11% of the company’s shares.
Ethan Allen Interiors Company Profile (Get a rating)
Ethan Allen Interiors Inc operates as an interior design company and home furnishings manufacturer and retailer 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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