Equities analysts expect that Ethan Allen Interiors Inc. (NYSE:ETH) will post earnings per share of $0.45 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Ethan Allen Interiors’ earnings. The highest EPS estimate is $0.47 and the lowest is $0.42. Ethan Allen Interiors reported earnings of $0.43 per share in the same quarter last year, which would indicate a positive year over year growth rate of 4.7%. The firm is scheduled to report its next earnings results on Tuesday, October 24th.
According to Zacks, analysts expect that Ethan Allen Interiors will report full year earnings of $1.74 per share for the current year, with EPS estimates ranging from $1.70 to $1.83. For the next year, analysts anticipate that the company will post earnings of $1.93 per share, with EPS estimates ranging from $1.82 to $2.07. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Ethan Allen Interiors.
Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. The business had revenue of $194.90 million for the quarter, compared to the consensus estimate of $194.94 million. Ethan Allen Interiors had a net margin of 4.74% and a return on equity of 10.17%. The firm’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same period last year, the firm posted $0.57 earnings per share.
ETH has been the subject of a number of research reports. BidaskClub cut Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. TheStreet raised Ethan Allen Interiors from a “c+” rating to a “b-” rating in a research note on Thursday, June 29th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $33.25.
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Large investors have recently added to or reduced their stakes in the business. Teachers Advisors LLC boosted its holdings in shares of Ethan Allen Interiors by 2.8% in the 4th quarter. Teachers Advisors LLC now owns 40,651 shares of the company’s stock valued at $1,498,000 after buying an additional 1,117 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Ethan Allen Interiors by 4.4% in the 1st quarter. Bank of Montreal Can now owns 8,062 shares of the company’s stock valued at $247,000 after buying an additional 341 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Ethan Allen Interiors by 2.0% in the 1st quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the company’s stock valued at $319,000 after buying an additional 200 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of Ethan Allen Interiors by 4.4% in the 1st quarter. Great West Life Assurance Co. Can now owns 34,206 shares of the company’s stock valued at $1,047,000 after buying an additional 1,444 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Ethan Allen Interiors by 0.7% in the 1st quarter. First Trust Advisors LP now owns 50,698 shares of the company’s stock valued at $1,554,000 after buying an additional 355 shares during the last quarter. 99.41% of the stock is owned by hedge funds and other institutional investors.
Ethan Allen Interiors (ETH) traded up 1.99% during mid-day trading on Tuesday, hitting $30.80. 62,526 shares of the company traded hands. The company’s 50-day moving average price is $30.49 and its 200 day moving average price is $29.88. Ethan Allen Interiors has a one year low of $26.75 and a one year high of $38.80. The company has a market capitalization of $845.37 million, a price-to-earnings ratio of 23.88 and a beta of 1.17.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Tuesday, October 10th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio (DPR) is currently 58.92%.
Ethan Allen Interiors Company Profile
Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.
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