Ethan Allen Interiors (NYSE:ETH) Issues Q3 2021 Earnings Guidance


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Ethan Allen Interiors (NYSE:ETH) updated its third quarter 2021 earnings guidance on Tuesday. The company provided EPS guidance of 0.560-0.580 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.470. The company issued revenue guidance of $177 million-$177 million, compared to the consensus revenue estimate of $173.75 million.

A number of equities research analysts recently issued reports on the stock. Telsey Advisory Group reissued a market perform rating on shares of Ethan Allen Interiors in a report on Friday. Zacks Investment Research raised shares of Ethan Allen Interiors from a hold rating to a strong-buy rating and set a $33.00 price objective for the company in a report on Friday, April 16th.

ETH stock traded up $0.46 during mid-day trading on Tuesday, hitting $31.02. 564,956 shares of the company were exchanged, compared to its average volume of 348,873. The firm has a market capitalization of $780.87 million, a P/E ratio of 203.73 and a beta of 1.23. The business has a fifty day simple moving average of $28.37 and a 200-day simple moving average of $22.88. Ethan Allen Interiors has a 12-month low of $9.08 and a 12-month high of $31.90.

Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Wednesday, April 28th. The company reported $0.58 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.58. Ethan Allen Interiors had a net margin of 0.73% and a return on equity of 3.88%. As a group, equities analysts expect that Ethan Allen Interiors will post 1.2 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 25th. Shareholders of record on Tuesday, May 11th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Monday, May 10th. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 192.31%.

In other news, SVP Daniel M. Grow sold 1,214 shares of the stock in a transaction dated Tuesday, February 9th. The shares were sold at an average price of $25.30, for a total transaction of $30,714.20. Following the sale, the senior vice president now owns 3,000 shares of the company’s stock, valued at $75,900. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.30% of the stock is currently owned by corporate insiders.

About Ethan Allen Interiors

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States and internationally. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.

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Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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