Short Interest in Arhaus, Inc. (NASDAQ:ARHS) Declines By 17.5%

Arhaus, Inc. (NASDAQ:ARHS) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 3,277,990 shares, a decline of 17.5% from the February 26th total of 3,971,219 shares. Based on an average trading volume of 1,550,673 shares, the short-interest ratio is presently 2.1 days. Approximately 2.4% of the shares of the stock are short sold.

Analyst Ratings Changes

ARHS has been the subject of several research reports. TD Cowen cut their target price on shares of Arhaus from $13.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Weiss Ratings restated a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Morgan Stanley lifted their price target on Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Jefferies Financial Group reiterated a “hold” rating and issued a $9.50 price objective on shares of Arhaus in a report on Thursday, February 26th. Finally, Telsey Advisory Group increased their price objective on Arhaus from $12.00 to $13.00 and gave the company a “market perform” rating in a research report on Thursday, February 26th. Three investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Arhaus by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after buying an additional 1,326 shares during the period. Millennium Management LLC increased its stake in shares of Arhaus by 83.8% during the first quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock valued at $6,061,000 after buying an additional 317,631 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Arhaus by 24.1% during the first quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock valued at $5,398,000 after buying an additional 120,314 shares during the period. Geode Capital Management LLC raised its holdings in shares of Arhaus by 0.3% during the second quarter. Geode Capital Management LLC now owns 1,254,147 shares of the company’s stock valued at $10,875,000 after acquiring an additional 3,146 shares in the last quarter. Finally, Intech Investment Management LLC raised its holdings in shares of Arhaus by 13.4% during the second quarter. Intech Investment Management LLC now owns 26,819 shares of the company’s stock valued at $233,000 after acquiring an additional 3,178 shares in the last quarter. Institutional investors own 27.88% of the company’s stock.

Arhaus Stock Performance

Shares of ARHS opened at $6.50 on Monday. The stock has a market capitalization of $917.28 million, a P/E ratio of 13.54, a PEG ratio of 1.35 and a beta of 2.54. Arhaus has a twelve month low of $6.43 and a twelve month high of $12.98. The company has a quick ratio of 0.62, a current ratio of 1.37 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $8.80 and a two-hundred day simple moving average of $9.94.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $364.85 million for the quarter, compared to analysts’ expectations of $351.53 million. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.15 earnings per share. On average, research analysts anticipate that Arhaus will post 0.46 EPS for the current year.

Arhaus Announces Dividend

The firm also recently declared a special dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th will be issued a dividend of $0.35 per share. The ex-dividend date is Wednesday, March 18th.

About Arhaus

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.