Ethan Allen Interiors Inc. (NYSE:ETH) – Equities researchers at Dougherty & Co reduced their Q2 2018 earnings per share estimates for shares of Ethan Allen Interiors in a note issued to investors on Tuesday. Dougherty & Co analyst J. Hamblin now anticipates that the company will earn $0.52 per share for the quarter, down from their prior forecast of $0.53.

Several other research analysts also recently issued reports on ETH. BidaskClub downgraded shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. TheStreet upgraded shares of Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th. Telsey Advisory Group dropped their price objective on shares of Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating on the stock in a report on Thursday, April 27th. Finally, Stifel Nicolaus dropped their price objective on shares of Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Friday, April 28th. Six investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $35.00.

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Shares of Ethan Allen Interiors (ETH) traded down 0.64% during mid-day trading on Thursday, hitting $31.00. The stock had a trading volume of 96,613 shares. The stock has a market cap of $858.58 million, a P/E ratio of 20.92 and a beta of 1.17. The stock has a 50-day moving average price of $29.81 and a 200 day moving average price of $29.97. Ethan Allen Interiors has a 52 week low of $26.75 and a 52 week high of $38.80.

Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Wednesday, April 26th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.04. The business had revenue of $180.20 million for the quarter, compared to analyst estimates of $184.18 million. Ethan Allen Interiors had a net margin of 5.33% and a return on equity of 11.31%. The firm’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.34 earnings per share.

A number of hedge funds have recently bought and sold shares of ETH. First Citizens Bank & Trust Co. boosted its stake in Ethan Allen Interiors by 4.9% in the first quarter. First Citizens Bank & Trust Co. now owns 7,149 shares of the company’s stock worth $219,000 after buying an additional 335 shares during the last quarter. Sit Investment Associates Inc. boosted its stake in Ethan Allen Interiors by 25.5% in the first quarter. Sit Investment Associates Inc. now owns 51,750 shares of the company’s stock worth $1,586,000 after buying an additional 10,525 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Ethan Allen Interiors by 42.7% in the first quarter. Fisher Asset Management LLC now owns 57,823 shares of the company’s stock worth $1,772,000 after buying an additional 17,306 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Ethan Allen Interiors by 77.5% in the first quarter. State of Alaska Department of Revenue now owns 4,900 shares of the company’s stock worth $150,000 after buying an additional 2,140 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in Ethan Allen Interiors by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the company’s stock worth $319,000 after buying an additional 200 shares during the last quarter. 99.34% of the stock is currently owned by institutional investors and hedge funds.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 25th. Investors of record on Tuesday, July 11th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, July 7th. This represents a $0.76 dividend on an annualized basis and a yield of 2.44%. Ethan Allen Interiors’s payout ratio is currently 51.70%.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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