Haverty Furniture Companies (NYSE:HVT) Downgraded to Buy Rating by Wall Street Zen

Haverty Furniture Companies (NYSE:HVT) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other research firms have also recently weighed in on HVT. Zacks Research cut shares of Haverty Furniture Companies from a “hold” rating to a “strong sell” rating in a report on Monday, December 29th. Weiss Ratings restated a “hold (c)” rating on shares of Haverty Furniture Companies in a research report on Monday, December 29th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Haverty Furniture Companies Trading Down 0.7%

Shares of NYSE HVT opened at $23.75 on Friday. Haverty Furniture Companies has a 12-month low of $17.01 and a 12-month high of $27.67. The company has a market cap of $386.33 million, a price-to-earnings ratio of 20.30, a price-to-earnings-growth ratio of 1.06 and a beta of 1.32. The stock’s 50 day simple moving average is $25.45 and its 200 day simple moving average is $23.56.

Haverty Furniture Companies (NYSE:HVT) last issued its quarterly earnings data on Monday, February 23rd. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Haverty Furniture Companies had a return on equity of 6.45% and a net margin of 2.60%.The firm had revenue of $201.92 million during the quarter, compared to the consensus estimate of $197.47 million. As a group, equities analysts forecast that Haverty Furniture Companies will post 0.88 earnings per share for the current fiscal year.

Insider Transactions at Haverty Furniture Companies

In other Haverty Furniture Companies news, Director Rawson Haverty, Jr. sold 7,500 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $24.86, for a total transaction of $186,450.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 8.63% of the stock is owned by corporate insiders.

Institutional Trading of Haverty Furniture Companies

Institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of Haverty Furniture Companies during the second quarter valued at approximately $31,000. CANADA LIFE ASSURANCE Co lifted its position in Haverty Furniture Companies by 57.0% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,721 shares of the company’s stock worth $40,000 after purchasing an additional 625 shares during the period. State of Alaska Department of Revenue bought a new position in Haverty Furniture Companies during the 4th quarter valued at $45,000. State of Wyoming acquired a new position in shares of Haverty Furniture Companies during the 2nd quarter valued at $58,000. Finally, CWM LLC increased its position in shares of Haverty Furniture Companies by 74.8% during the 4th quarter. CWM LLC now owns 5,940 shares of the company’s stock valued at $139,000 after purchasing an additional 2,541 shares during the period. 80.57% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Haverty Furniture Companies

Here are the key news stories impacting Haverty Furniture Companies this week:

• Positive Sentiment: Haverty recently reported a modest Q4 beat (EPS $0.50 vs. $0.48 consensus) with revenue topping estimates, showing near-term demand resilience. MarketBeat HVT page
• Negative Sentiment: Sidoti cut its FY2026 EPS forecast to $1.95 from $2.32 — a meaningful downward revision that reduces near-term growth expectations and pressure on forward valuation. Sidoti cuts (MarketBeat)
• Negative Sentiment: Sidoti also trimmed a series of quarterly estimates across 2026 and 2027 (examples: Q1 2026 to $0.25 from $0.34; Q2 2026 to $0.34 from $0.47; Q3 2026 to $0.59 from $0.67; Q4 2026 to $0.77 from $0.85; and smaller downward revisions to 2027 quarters). These across-the-board reductions signal Sidoti sees slower margin or sales trends ahead. Sidoti quarterly cuts (MarketBeat)
• Negative Sentiment: Sidoti lowered FY2027 estimates to $3.00 from $3.19, trimming longer-term earnings power expectations and potentially tempering upside in the stock absent stronger execution or guidance. FY2027 revision (MarketBeat)

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.