Hooker Furnishings (NASDAQ:HOFT) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Posted by Brian Himes on May 19th, 2026

Shares of Hooker Furnishings Corp. (NASDAQ:HOFT – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.29 and traded as high as $13.53. Hooker Furnishings shares last traded at $13.05, with a volume of 31,851 shares.

Analyst Upgrades and Downgrades

Several research firms have commented on HOFT. Zacks Research raised Hooker Furnishings from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hooker Furnishings in a research report on Tuesday, April 21st. Finally, Wall Street Zen raised Hooker Furnishings from a “sell” rating to a “hold” rating in a research report on Sunday, April 19th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Read Our Latest Research Report on Hooker Furnishings

Hooker Furnishings Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 3.37 and a quick ratio of 1.60. The stock has a market capitalization of $140.68 million, a P/E ratio of -5.14, a price-to-earnings-growth ratio of 1.37 and a beta of 1.22. The company has a fifty day moving average of $12.86 and a two-hundred day moving average of $12.29.

Hooker Furnishings (NASDAQ:HOFT – Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.03. The firm had revenue of $66.98 million during the quarter, compared to analyst estimates of $74.89 million. Hooker Furnishings had a negative return on equity of 0.71% and a negative net margin of 8.84%. On average, equities analysts anticipate that Hooker Furnishings Corp. will post 0.67 EPS for the current year.

Hooker Furnishings Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 16th. Hooker Furnishings’s payout ratio is currently -18.11%.

Institutional Trading of Hooker Furnishings

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pzena Investment Management LLC boosted its stake in Hooker Furnishings by 4.2% in the third quarter. Pzena Investment Management LLC now owns 1,416,002 shares of the company’s stock valued at $14,372,000 after acquiring an additional 57,276 shares during the period. Donald Smith & CO. Inc. boosted its stake in Hooker Furnishings by 7.1% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,066,754 shares of the company’s stock valued at $12,044,000 after acquiring an additional 70,681 shares during the period. Vanguard Group Inc. boosted its stake in Hooker Furnishings by 0.7% in the third quarter. Vanguard Group Inc. now owns 595,587 shares of the company’s stock valued at $6,045,000 after acquiring an additional 4,138 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Hooker Furnishings by 35.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 366,761 shares of the company’s stock valued at $4,141,000 after acquiring an additional 95,127 shares during the period. Finally, First Eagle Investment Management LLC boosted its stake in Hooker Furnishings by 15.0% in the third quarter. First Eagle Investment Management LLC now owns 364,973 shares of the company’s stock valued at $3,704,000 after acquiring an additional 47,559 shares during the period. 73.60% of the stock is owned by institutional investors.

About Hooker Furnishings

(Get Free Report)

Hooker Furnishings, formerly known as Hooker Furniture Corporation, is a designer, marketer and distributor of high-quality home furnishings. Headquartered in Martinsville, Virginia, the company offers a broad range of wood and upholstered furniture products across bedroom, dining, home office and accent categories. Its portfolio includes solid wood and engineered wood case goods, upholstered seating, accent tables and decorative accessories, reflecting styles that range from traditional to contemporary.

The company’s operations are organized into three reportable segments: Domestic Wholesale, Retail and Logistics, and International.