Haverty Furniture Companies (NYSE:HVT) Releases Earnings Results

Haverty Furniture Companies (NYSE:HVT) announced its quarterly earnings data on Monday. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.30, Zacks reports. The business had revenue of $184.35 million for the quarter, compared to analyst estimates of $179.84 million. Haverty Furniture Companies had a net margin of 3.57% and a return on equity of 8.69%.

Haverty Furniture Companies Stock Performance

Shares of NYSE HVT opened at $23.00 on Wednesday. The stock’s 50-day simple moving average is $22.11 and its 200-day simple moving average is $24.12. The firm has a market capitalization of $377.30 million, a PE ratio of 14.46, a price-to-earnings-growth ratio of 1.15 and a beta of 1.48. Haverty Furniture Companies has a fifty-two week low of $21.04 and a fifty-two week high of $34.98.

Haverty Furniture Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date is Thursday, March 6th. Haverty Furniture Companies’s dividend payout ratio (DPR) is 80.50%.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.