Ethan Allen Interiors Inc. (NYSE:ETH) – Equities research analysts at Dougherty & Co dropped their FY2018 earnings per share (EPS) estimates for shares of Ethan Allen Interiors in a research report issued on Thursday. Dougherty & Co analyst J. Hamblin now expects that the company will earn $1.75 per share for the year, down from their prior estimate of $1.85.

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

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ETH has been the subject of several other reports. TheStreet downgraded Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Thursday, April 27th. BidaskClub downgraded Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Telsey Advisory Group dropped their price target on Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating for the company in a research report on Thursday, April 27th. Finally, Stifel Nicolaus dropped their price target on Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, April 28th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $33.25.

Shares of Ethan Allen Interiors (NYSE ETH) traded down 1.00% during mid-day trading on Friday, hitting $29.75. The stock had a trading volume of 104,068 shares. The company has a market cap of $816.55 million, a PE ratio of 23.06 and a beta of 1.16. The stock has a 50 day moving average price of $31.31 and a 200-day moving average price of $29.80. Ethan Allen Interiors has a 52-week low of $26.75 and a 52-week high of $38.80.

A number of institutional investors have recently added to or reduced their stakes in ETH. Texas Permanent School Fund increased its position in Ethan Allen Interiors by 0.9% in the second quarter. Texas Permanent School Fund now owns 18,603 shares of the company’s stock valued at $601,000 after buying an additional 159 shares during the last quarter. Envestnet Asset Management Inc. increased its position in 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 during the last quarter. Louisiana State Employees Retirement System increased its position 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 valued at $319,000 after buying an additional 200 shares during the last quarter. Arizona State Retirement System increased its position in Ethan Allen Interiors by 1.5% in the first quarter. Arizona State Retirement System now owns 13,260 shares of the company’s stock valued at $406,000 after buying an additional 200 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Ethan Allen Interiors by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 19,407 shares of the company’s stock valued at $627,000 after buying an additional 225 shares during the last quarter. 99.16% of the stock is owned by institutional investors.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders 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 2.53%. The ex-dividend date of this dividend is Friday, October 6th. Ethan Allen Interiors’s payout ratio is 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.

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

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