Ethan Allen Interiors Inc. (NYSE:ETH) has been given a consensus rating of “Buy” by the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $33.25.

ETH has been the subject of several research analyst reports. BidaskClub lowered Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. TheStreet raised Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th.

Ethan Allen Interiors (NYSE:ETH) traded up 0.53% during midday trading on Tuesday, hitting $28.25. The stock had a trading volume of 265,681 shares. The stock’s 50-day moving average is $30.78 and its 200-day moving average is $29.80. Ethan Allen Interiors has a 1-year low of $26.75 and a 1-year high of $38.80. The stock has a market capitalization of $775.38 million, a PE ratio of 21.90 and a beta of 1.16.

Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.42 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.42. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. The company had revenue of $194.90 million during the quarter, compared to analyst estimates of $194.94 million. During the same quarter in the previous year, the company posted $0.57 earnings per share. Ethan Allen Interiors’s revenue was down 5.3% compared to the same quarter last year. On average, equities research analysts anticipate that Ethan Allen Interiors will post $1.75 EPS for the current fiscal year.

The business also recently announced 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. The ex-dividend date is Friday, October 6th. This represents a $0.76 annualized dividend and a yield of 2.69%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 58.92%.

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A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in shares of Ethan Allen Interiors by 122,313.2% in the first quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock valued at $105,279,000 after buying an additional 3,432,107 shares during the last quarter. Royce & Associates LP increased its position in shares of Ethan Allen Interiors by 9.7% in the second quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock valued at $80,813,000 after buying an additional 220,324 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Ethan Allen Interiors by 1.4% in the second quarter. Vanguard Group Inc. now owns 2,420,157 shares of the company’s stock valued at $78,171,000 after buying an additional 33,274 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its position in shares of Ethan Allen Interiors by 0.3% in the second quarter. Disciplined Growth Investors Inc. MN now owns 2,266,066 shares of the company’s stock valued at $73,194,000 after buying an additional 7,231 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Ethan Allen Interiors by 14.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock valued at $60,786,000 after buying an additional 238,300 shares during the last quarter. Institutional investors own 99.41% of the company’s stock.

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.

Analyst Recommendations for Ethan Allen Interiors (NYSE:ETH)

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