Ethan Allen Interiors Inc. to Post FY2018 Earnings of $1.72 Per Share, KeyCorp Forecasts (ETH)
Ethan Allen Interiors Inc. (NYSE:ETH) – Equities research analysts at KeyCorp raised their FY2018 earnings per share (EPS) estimates for shares of Ethan Allen Interiors in a note issued to investors on Wednesday. KeyCorp analyst B. Thomas now anticipates that the company will post earnings per share of $1.72 for the year, up from their previous forecast of $1.71. KeyCorp has a “Hold” rating on the stock.
Ethan Allen Interiors (NYSE:ETH) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. Ethan Allen Interiors had a return on equity of 9.11% and a net margin of 4.27%. The business had revenue of $181.30 million for the quarter, compared to the consensus estimate of $181.30 million. During the same quarter in the prior year, the business earned $0.41 earnings per share. Ethan Allen Interiors’s revenue for the quarter was down 6.2% on a year-over-year basis.
Ethan Allen Interiors (ETH) traded down $2.05 during trading on Thursday, reaching $26.10. The company had a trading volume of 1,582,600 shares, compared to its average volume of 360,318. Ethan Allen Interiors has a fifty-two week low of $25.40 and a fifty-two week high of $33.92. The stock has a market capitalization of $716.99, a P/E ratio of 22.70, a price-to-earnings-growth ratio of 1.80 and a beta of 1.40.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 10th will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $0.76 dividend on an annualized basis and a yield of 2.91%. Ethan Allen Interiors’s payout ratio is 66.09%.
Hedge funds have recently modified their holdings of the business. Jane Street Group LLC increased its holdings in shares of Ethan Allen Interiors by 105.4% in the third quarter. Jane Street Group LLC now owns 13,436 shares of the company’s stock worth $435,000 after purchasing an additional 263,436 shares during the period. Dimensional Fund Advisors LP increased its holdings 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 worth $60,786,000 after purchasing an additional 238,300 shares during the period. Northern Trust Corp increased its holdings in shares of Ethan Allen Interiors by 24.3% in the second quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock worth $32,171,000 after purchasing an additional 194,421 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Ethan Allen Interiors by 447.9% in the third quarter. JPMorgan Chase & Co. now owns 183,258 shares of the company’s stock worth $5,947,000 after purchasing an additional 149,808 shares during the period. Finally, Intrinsic Edge Capital Management LLC increased its holdings in shares of Ethan Allen Interiors by 32.4% in the second quarter. Intrinsic Edge Capital Management LLC now owns 349,192 shares of the company’s stock worth $11,279,000 after purchasing an additional 85,534 shares during the period.
WARNING: This story was originally posted by American Banking News and is the property of of American Banking News. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://www.americanbankingnews.com/2018/01/18/ethan-allen-interiors-inc-to-post-fy2018-earnings-of-1-72-per-share-keycorp-forecasts-eth.html.
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.
Receive News & Ratings for Ethan Allen Interiors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ethan Allen Interiors and related companies with MarketBeat.com's FREE daily email newsletter.