Equities analysts forecast that Ethan Allen Interiors Inc. (NYSE:ETH) will announce $0.45 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Ethan Allen Interiors’ earnings, with the lowest EPS estimate coming in at $0.42 and the highest estimate coming in at $0.47. Ethan Allen Interiors posted earnings of $0.43 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 4.7%. The business is scheduled to report its next quarterly earnings results on Tuesday, October 24th.

On average, analysts expect that Ethan Allen Interiors will report full year earnings of $1.76 per share for the current fiscal year, with EPS estimates ranging from $1.70 to $1.85. For the next fiscal year, analysts forecast that the business will report earnings of $1.93 per share, with EPS estimates ranging from $1.82 to $2.07. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that cover Ethan Allen Interiors.

Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.42. The company had revenue of $194.90 million for the quarter, compared to analysts’ expectations of $194.94 million. Ethan Allen Interiors had a net margin of 4.74% and a return on equity of 10.17%. Ethan Allen Interiors’s revenue was down 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.57 EPS.

A number of research firms recently commented on ETH. BidaskClub raised Ethan Allen Interiors from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. TheStreet raised Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th. Stifel Nicolaus decreased their target price on Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating for the company in a report on Friday, April 28th. Finally, Telsey Advisory Group decreased their target price on Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating for the company in a report on Thursday, April 27th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Ethan Allen Interiors has an average rating of “Buy” and a consensus price target of $33.25.

A number of hedge funds and other institutional investors have recently made changes to their positions in ETH. State of Alaska Department of Revenue boosted its position in shares of 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 valued at $150,000 after buying an additional 2,140 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Ethan Allen Interiors by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 4,980 shares of the company’s stock valued at $153,000 after buying an additional 180 shares in the last quarter. Mason Street Advisors LLC boosted its position in shares of Ethan Allen Interiors by 7.2% in the first quarter. Mason Street Advisors LLC now owns 5,957 shares of the company’s stock valued at $183,000 after buying an additional 398 shares in the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of 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 valued at $219,000 after buying an additional 335 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Ethan Allen Interiors by 4.4% in the first quarter. Bank of Montreal Can now owns 8,062 shares of the company’s stock valued at $247,000 after buying an additional 341 shares in the last quarter. Institutional investors own 99.16% of the company’s stock.

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Shares of Ethan Allen Interiors (ETH) traded up 2.40% during trading on Friday, reaching $32.05. 302,927 shares of the company were exchanged. The firm has a market capitalization of $885.61 million, a P/E ratio of 24.84 and a beta of 1.16. The firm’s 50 day moving average is $30.79 and its 200 day moving average is $29.79. Ethan Allen Interiors has a 1-year low of $26.75 and a 1-year high of $38.80.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Tuesday, October 10th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio is currently 58.92%.

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.

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

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