Haverty Furniture Companies, Inc. (NYSE:HVT – Get Free Report) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $25.15 and traded as low as $25.08. Haverty Furniture Companies shares last traded at $25.1460, with a volume of 227,147 shares changing hands.
Haverty Furniture Companies News Summary
Here are the key news stories impacting Haverty Furniture Companies this week:
- Positive Sentiment: The board declared a quarterly cash dividend of $0.33 per common share and $0.31 per Class A share, payable December 9 to shareholders of record November 23. Havertys Furniture Fourth Quarter 2026 Cash Dividend
- Positive Sentiment: Sidoti projects $3.31 in earnings per share for FY2028, suggesting a substantial longer-term earnings increase versus the current-year consensus of $1.61; this is an analyst forecast, not company guidance. MarketBeat analyst estimates
- Negative Sentiment: Sidoti lowered its estimates for Q4 2026 and each quarter of 2027: Q4 EPS to $0.57 from $0.73, Q1 to $0.38 from $0.50, Q2 to $0.43 from $0.56, and Q3 to $0.75 from $0.87. These cuts signal weaker near-term earnings expectations. MarketBeat analyst estimates
- Negative Sentiment: The latest reported quarter also missed expectations: HVT posted EPS of $0.25 versus $0.42 expected, while revenue of $203.15 million came in below the $206.87 million estimate. Q3 2026 earnings call highlights
Analyst Upgrades and Downgrades
A number of research firms recently commented on HVT. Weiss Ratings raised shares of Haverty Furniture Companies from a “hold (c-)” rating to a “hold (c+)” rating in a report on Tuesday, August 18th. Wall Street Zen downgraded shares of Haverty Furniture Companies from a “buy” rating to a “hold” rating in a report on Saturday. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.
Get Our Latest Research Report on HVT
Haverty Furniture Companies Stock Performance
The company has a market cap of $392.03 million, a P/E ratio of 17.11, a P/E/G ratio of 1.58 and a beta of 1.33. The business’s 50-day moving average price is $27.95 and its 200 day moving average price is $25.15.
Haverty Furniture Companies (NYSE:HVT – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.17). The company had revenue of $203.15 million for the quarter, compared to analyst estimates of $206.87 million. Haverty Furniture Companies had a return on equity of 7.15% and a net margin of 2.93%. During the same period in the previous year, the firm posted $0.28 earnings per share. Equities research analysts forecast that Haverty Furniture Companies, Inc. will post 1.61 earnings per share for the current year.
Insider Activity
In related news, Chairman Clarence Smith sold 20,991 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $28.16, for a total value of $591,106.56. Following the completion of the transaction, the chairman directly owned 71,705 shares in the company, valued at $2,019,212.80. The trade was a 22.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.40% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Pzena Investment Management LLC acquired a new stake in shares of Haverty Furniture Companies during the second quarter worth about $39,915,000. BlackRock Inc. acquired a new stake in Haverty Furniture Companies during the second quarter worth $39,128,000. Bank of New York Mellon Corp acquired a new stake in shares of Haverty Furniture Companies during the 2nd quarter worth approximately $4,123,000. Empowered Funds LLC acquired a new stake in shares of Haverty Furniture Companies in the second quarter valued at about $3,051,000. Finally, Sei Investments Co. raised its stake in Haverty Furniture Companies by 65.5% in the first quarter. Sei Investments Co. now owns 164,994 shares of the company’s stock valued at $3,495,000 after purchasing an additional 65,292 shares in the last quarter. 80.57% of the stock is currently owned by hedge funds and other institutional investors.
Haverty Furniture Companies Company Profile
Haverty Furniture Companies, Inc is a specialty home-furnishings retailer that sells furniture and related products for living rooms, bedrooms, dining rooms, home offices and other areas of the home. Its merchandise includes sofas, chairs, tables, beds, mattresses, case goods, rugs, lighting and home accessories, with products offered through its retail stores and website.
Founded in Atlanta in 1885 by James Joseph Haverty, the company has grown from a regional furniture business into a multi-state retailer.
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