Ethan Allen Interiors Inc. (NYSE:ETD – Get Free Report) declared a quarterly dividend on Monday, November 9th. Investors of record on Friday, November 20th will be paid a dividend of $0.20 per share on Friday, December 4th. This represents a $0.80 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, November 20th.
Ethan Allen Interiors has a payout ratio of 73.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Ethan Allen Interiors to earn $1.30 per share next year, which means the company may not be able to cover its $1.56 annual dividend with an expected future payout ratio of 120.0%.
Ethan Allen Interiors Stock Performance
ETD stock opened at $20.23 on Tuesday. The business has a 50-day simple moving average of $21.07 and a two-hundred day simple moving average of $21.97. The company has a market capitalization of $509.85 million, a P/E ratio of 12.97 and a beta of 1.09. Ethan Allen Interiors has a 52-week low of $18.28 and a 52-week high of $25.26.
Ethan Allen Interiors (NYSE:ETD – Get Free Report) last posted its earnings results on Monday, November 9th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). The company had revenue of $129.60 million during the quarter, compared to the consensus estimate of $135.60 million. Ethan Allen Interiors had a net margin of 6.88% and a return on equity of 7.88%. The firm’s revenue for the quarter was down 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 EPS. As a group, sell-side analysts forecast that Ethan Allen Interiors will post 1.30 earnings per share for the current fiscal year.
Ethan Allen Interiors Company Profile
Ethan Allen Interiors Inc (NYSE: ETD) is a vertically integrated home furnishings company that designs, manufactures, markets and sells furniture and related products. Its offerings include living room, dining room and bedroom furniture, upholstery, case goods, home accents, mattresses and other furnishings for residential interiors.
The company sells its products through a network of Ethan Allen Design Centers, interior designers and independent retailers, as well as through its website and other digital channels.
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