Q3 EPS Estimate for Hooker Furnishings Reduced by Analyst

Hooker Furnishings Co. (NASDAQ:HOFT) – Investment analysts at Sidoti Csr lowered their Q3 2026 earnings per share (EPS) estimates for shares of Hooker Furnishings in a note issued to investors on Tuesday, April 29th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will earn $0.24 per share for the quarter, down from their prior estimate of $0.26. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ Q1 2027 earnings at $0.15 EPS.

Hooker Furnishings (NASDAQ:HOFT) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.15). The company had revenue of $104.46 million for the quarter, compared to analyst estimates of $101.25 million. Hooker Furnishings had a negative net margin of 2.46% and a negative return on equity of 3.51%. During the same period in the prior year, the company posted $0.06 EPS.

Separately, StockNews.com lowered Hooker Furnishings from a “hold” rating to a “sell” rating in a report on Sunday, April 20th.

Hooker Furnishings Stock Performance

HOFT opened at $9.60 on Wednesday. The firm has a market capitalization of $102.75 million, a P/E ratio of -10.55, a price-to-earnings-growth ratio of 0.85 and a beta of 1.23. The stock’s 50 day moving average price is $10.48 and its two-hundred day moving average price is $13.68. The company has a quick ratio of 1.76, a current ratio of 3.16 and a debt-to-equity ratio of 0.10. Hooker Furnishings has a 12-month low of $7.34 and a 12-month high of $19.79.

Hooker Furnishings Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date of this dividend was Monday, March 17th. Hooker Furnishings’s dividend payout ratio (DPR) is currently -77.31%.

Institutional Trading of Hooker Furnishings

Several institutional investors have recently modified their holdings of the company. Northern Trust Corp grew its holdings in shares of Hooker Furnishings by 0.5% during the 4th quarter. Northern Trust Corp now owns 170,582 shares of the company’s stock worth $2,390,000 after purchasing an additional 889 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Hooker Furnishings by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 6,227 shares of the company’s stock worth $87,000 after buying an additional 1,356 shares during the period. Bridgeway Capital Management LLC lifted its position in shares of Hooker Furnishings by 1.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 129,987 shares of the company’s stock worth $1,821,000 after buying an additional 1,535 shares during the period. Bank of America Corp DE lifted its position in shares of Hooker Furnishings by 13.3% during the 4th quarter. Bank of America Corp DE now owns 16,008 shares of the company’s stock worth $224,000 after buying an additional 1,875 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Hooker Furnishings by 6.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 31,531 shares of the company’s stock worth $442,000 after buying an additional 1,900 shares during the period. Institutional investors and hedge funds own 73.63% of the company’s stock.

Hooker Furnishings Company Profile

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.