Ethan Allen Interiors Inc. (NYSE:ETH) – Research analysts at Dougherty & Co upped their FY2019 earnings estimates for shares of Ethan Allen Interiors in a research report issued on Tuesday, April 30th. Dougherty & Co analyst J. Hamblin now anticipates that the company will post earnings of $1.56 per share for the year, up from their prior estimate of $1.54. Dougherty & Co currently has a “Neutral” rating on the stock. Dougherty & Co also issued estimates for Ethan Allen Interiors’ Q4 2019 earnings at $0.46 EPS.
Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Monday, April 29th. The company reported $0.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.14. The firm had revenue of $177.80 million for the quarter, compared to the consensus estimate of $181.02 million. Ethan Allen Interiors had a return on equity of 9.29% and a net margin of 4.55%. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.
Several other equities analysts also recently weighed in on the company. ValuEngine downgraded Ethan Allen Interiors from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Raymond James downgraded Ethan Allen Interiors from an “outperform” rating to a “market perform” rating and cut their target price for the company from $22.75 to $18.45 in a research report on Monday, February 4th. Telsey Advisory Group boosted their target price on Ethan Allen Interiors from $20.00 to $21.00 and gave the company a “market perform” rating in a research report on Tuesday. Finally, Zacks Investment Research raised Ethan Allen Interiors from a “strong sell” rating to a “hold” rating in a research report on Monday, April 1st. Five equities research analysts have rated the stock with a hold rating, Ethan Allen Interiors has a consensus rating of “Hold” and a consensus price target of $19.82.
NYSE ETH opened at $22.10 on Wednesday. The company has a market cap of $535.85 million, a PE ratio of 16.37, a P/E/G ratio of 0.90 and a beta of 1.03. Ethan Allen Interiors has a fifty-two week low of $16.90 and a fifty-two week high of $25.55.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 25th. Shareholders of record on Wednesday, July 10th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend is Tuesday, July 9th. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 56.30%.
A number of institutional investors have recently made changes to their positions in the business. Dupont Capital Management Corp grew its position in Ethan Allen Interiors by 22.7% in the 1st quarter. Dupont Capital Management Corp now owns 76,163 shares of the company’s stock valued at $1,457,000 after acquiring an additional 14,066 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in Ethan Allen Interiors by 39.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 10,717 shares of the company’s stock valued at $205,000 after acquiring an additional 3,020 shares during the last quarter. Investors Research Corp bought a new position in Ethan Allen Interiors in the 1st quarter valued at $794,000. Foundry Partners LLC grew its position in Ethan Allen Interiors by 3.8% in the 1st quarter. Foundry Partners LLC now owns 291,975 shares of the company’s stock valued at $5,585,000 after acquiring an additional 10,575 shares during the last quarter. Finally, Strs Ohio grew its position in Ethan Allen Interiors by 11.3% in the 1st quarter. Strs Ohio now owns 34,500 shares of the company’s stock valued at $659,000 after acquiring an additional 3,500 shares during the last quarter. 91.15% of the stock is currently owned by institutional investors.
Ethan Allen Interiors Company Profile
Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.