Haverty Furniture Companies (HVT) Set to Announce Earnings on Tuesday

Haverty Furniture Companies (NYSE:HVT) will release its earnings data after the market closes on Tuesday, February 20th. Analysts expect Haverty Furniture Companies to post earnings of $0.30 per share for the quarter.

Shares of Haverty Furniture Companies (NYSE:HVT) traded down $0.40 during trading hours on Tuesday, reaching $20.95. 159,551 shares of the company traded hands, compared to its average volume of 139,508. Haverty Furniture Companies has a one year low of $20.71 and a one year high of $27.23. The stock has a market capitalization of $458.33, a price-to-earnings ratio of 15.40 and a beta of 1.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.17 and a quick ratio of 1.16.

In other Haverty Furniture Companies news, major shareholder Pine Hill Associates, Llc sold 7,921 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $23.79, for a total transaction of $188,440.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Rawson Haverty, Jr. sold 23,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $23.30, for a total transaction of $535,900.00. Following the sale, the insider now owns 82,331 shares of the company’s stock, valued at $1,918,312.30. The disclosure for this sale can be found here. Corporate insiders own 10.31% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of Haverty Furniture Companies from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Friday, January 12th.

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Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc is a retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website, havertys.com. As of December 31, 2016, the Company had 124 stores in 16 states in the Southern and Midwest regions. As of December 31, 2016, the Company’s retail store space totaled approximately 4.5 million square feet for 124 stores.

Earnings History for Haverty Furniture Companies (NYSE:HVT)

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