Shares of Ethan Allen Interiors Inc. (NYSE:ETH) have earned a consensus recommendation of “Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $33.50.

A number of equities analysts have weighed in on ETH shares. Stifel Nicolaus upped their price objective on shares of Ethan Allen Interiors from $27.00 to $30.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Dougherty & Co raised shares of Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Friday, October 13th. BidaskClub cut shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. TheStreet cut shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a research report on Friday, October 27th. Finally, KeyCorp reissued a “hold” rating on shares of Ethan Allen Interiors in a research report on Tuesday, October 17th.

Shares of Ethan Allen Interiors (ETH) remained flat at $$28.95 during trading on Thursday. The company’s stock had a trading volume of 145,400 shares, compared to its average volume of 334,080. Ethan Allen Interiors has a twelve month low of $26.45 and a twelve month high of $38.80. The stock has a market capitalization of $795.28, a PE ratio of 21.93, a PEG ratio of 1.89 and a beta of 1.41.

Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $0.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.28. The firm had revenue of $181.30 million during the quarter, compared to analysts’ expectations of $181.30 million. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The firm’s revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.41 EPS. equities analysts expect that Ethan Allen Interiors will post 1.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 10th will be given a $0.19 dividend. The ex-dividend date is Tuesday, January 9th. This represents a $0.76 dividend on an annualized basis and a yield of 2.63%. Ethan Allen Interiors’s payout ratio is currently 66.09%.

A number of large investors have recently bought and sold shares of ETH. Teachers Advisors LLC raised its stake in shares of Ethan Allen Interiors by 1.2% in the 1st quarter. Teachers Advisors LLC now owns 41,120 shares of the company’s stock valued at $1,260,000 after purchasing an additional 469 shares in the last quarter. State Street Corp raised its stake in shares of Ethan Allen Interiors by 3.5% in the 2nd quarter. State Street Corp now owns 623,524 shares of the company’s stock valued at $20,136,000 after purchasing an additional 21,202 shares in the last quarter. Kennedy Capital Management Inc. raised its stake in shares of Ethan Allen Interiors by 8.8% in the 2nd quarter. Kennedy Capital Management Inc. now owns 452,211 shares of the company’s stock valued at $14,606,000 after purchasing an additional 36,419 shares in the last quarter. Uniplan Investment Counsel Inc. acquired a new stake in shares of Ethan Allen Interiors in the 2nd quarter valued at about $5,088,000. Finally, Vanguard Group Inc. raised its stake in shares of Ethan Allen Interiors by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 2,420,157 shares of the company’s stock valued at $78,171,000 after purchasing an additional 33,274 shares in the last quarter. 99.41% of the stock is owned by institutional investors.

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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.

Analyst Recommendations for Ethan Allen Interiors (NYSE:ETH)

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