Ethan Allen Interiors Inc. (NYSE:ETH) – Stock analysts at Dougherty & Co boosted their FY2018 earnings per share estimates for Ethan Allen Interiors in a research report issued to clients and investors on Monday. Dougherty & Co analyst J. Hamblin now anticipates that the company will earn $1.77 per share for the year, up from their previous estimate of $1.75.

A number of other equities analysts also recently weighed in on ETH. TheStreet raised shares of Ethan Allen Interiors from a “c+” rating to a “b-” rating in a research note on Thursday, June 29th. BidaskClub downgraded shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $33.00.

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Shares of Ethan Allen Interiors (ETH) traded down 4.016% during mid-day trading on Thursday, reaching $29.275. The company’s stock had a trading volume of 510,054 shares. The company has a market capitalization of $803.51 million, a price-to-earnings ratio of 22.694 and a beta of 1.20. Ethan Allen Interiors has a 1-year low of $26.75 and a 1-year high of $38.80. The firm’s 50 day moving average price is $30.43 and its 200-day moving average price is $30.15.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Tuesday, October 10th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio is presently 58.92%.

Several hedge funds have recently modified their holdings of ETH. BlackRock Inc. raised its stake in shares of Ethan Allen Interiors by 122,313.2% in the 1st quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock valued at $105,279,000 after acquiring an additional 3,432,107 shares during the period. Vaughan Nelson Investment Management L.P. raised its stake in shares of Ethan Allen Interiors by 46.4% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 855,725 shares of the company’s stock valued at $27,640,000 after acquiring an additional 271,300 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Ethan Allen Interiors by 14.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock valued at $60,786,000 after acquiring an additional 238,300 shares during the period. Royce & Associates LP raised its stake in shares of Ethan Allen Interiors by 9.7% in the 2nd quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock valued at $80,813,000 after acquiring an additional 220,324 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Ethan Allen Interiors by 24.3% in the 2nd quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock valued at $32,171,000 after acquiring an additional 194,421 shares during the period. 99.41% of the stock is currently owned by institutional investors and hedge funds.

About Ethan Allen Interiors

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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