Haverty Furniture Companies, Inc. (HVT) Announces Special Dividend of $1.00
Haverty Furniture Companies (NYSE:HVT) announced a special dividend on Tuesday, August 12th, AnalystRatings.Net reports. Stockholders of record on Monday, August 25th will be paid a dividend of 1.00 per share on Wednesday, September 10th.
A number of analysts have recently weighed in on HVT shares. Analysts at Zacks downgraded shares of Haverty Furniture Companies from a “neutral” rating to an “underperform” rating in a research note on Monday, August 4th. They now have a $21.60 price target on the stock. Analysts at Barrington Research initiated coverage on shares of Haverty Furniture Companies in a research note on Monday, June 2nd. They set an “outperform” rating and a $30.00 price target on the stock.
Shares of Haverty Furniture Companies (NYSE:HVT) traded down 0.30% on Tuesday, hitting $23.24. The stock had a trading volume of 100,451 shares. Haverty Furniture Companies has a 1-year low of $20.68 and a 1-year high of $31.67. The stock’s 50-day moving average is $23.95 and its 200-day moving average is $26.03. The company has a market cap of $527.2 million and a price-to-earnings ratio of 17.81.
Haverty Furniture Companies (NYSE:HVT) last released its earnings data on Wednesday, July 30th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.22 by $0.01. The company had revenue of $175.10 million for the quarter, compared to the consensus estimate of $175.60 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Analysts expect that Haverty Furniture Companies will post $1.28 EPS for the current fiscal year.
Haverty Furniture Companies, Inc (NYSE:HVT) is a specialty retailer of residential furniture and accessories.
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