Ethan Allen Interiors (ETD) Scheduled to Post Earnings on Wednesday

Ethan Allen Interiors (NYSE:ETD) is scheduled to be releasing its earnings data after the market closes on Wednesday, April 24th. Analysts expect Ethan Allen Interiors to post earnings of $0.66 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Ethan Allen Interiors (NYSE:ETD) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.09). Ethan Allen Interiors had a return on equity of 17.19% and a net margin of 11.37%. The company had revenue of $167.28 million during the quarter, compared to analysts’ expectations of $179.20 million. During the same period last year, the company earned $1.10 earnings per share. Ethan Allen Interiors’s revenue for the quarter was down 17.7% compared to the same quarter last year. On average, analysts expect Ethan Allen Interiors to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Ethan Allen Interiors Stock Performance

NYSE:ETD opened at $30.92 on Wednesday. Ethan Allen Interiors has a 52 week low of $24.76 and a 52 week high of $36.19. The stock’s 50 day moving average price is $32.40 and its 200 day moving average price is $30.23. The company has a market capitalization of $785.37 million, a P/E ratio of 9.91 and a beta of 1.22.

Ethan Allen Interiors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Tuesday, February 6th were paid a $0.36 dividend. The ex-dividend date of this dividend was Monday, February 5th. This represents a $1.44 annualized dividend and a dividend yield of 4.66%. Ethan Allen Interiors’s payout ratio is 46.15%.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $30.00 price target on shares of Ethan Allen Interiors in a report on Thursday, January 25th.

Institutional Trading of Ethan Allen Interiors

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Ethan Allen Interiors by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 1,615,250 shares of the company’s stock worth $51,559,000 after purchasing an additional 71,481 shares during the period. Goldman Sachs Group Inc. increased its position in Ethan Allen Interiors by 47.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 411,668 shares of the company’s stock worth $13,140,000 after purchasing an additional 131,898 shares during the period. Price T Rowe Associates Inc. MD increased its position in Ethan Allen Interiors by 2.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,712 shares of the company’s stock worth $534,000 after purchasing an additional 453 shares during the period. GSA Capital Partners LLP increased its position in Ethan Allen Interiors by 104.5% in the fourth quarter. GSA Capital Partners LLP now owns 46,254 shares of the company’s stock worth $1,476,000 after purchasing an additional 23,633 shares during the period. Finally, Barclays PLC increased its position in Ethan Allen Interiors by 65.5% in the fourth quarter. Barclays PLC now owns 58,749 shares of the company’s stock worth $1,875,000 after purchasing an additional 23,256 shares during the period. 83.80% of the stock is currently owned by institutional investors and hedge funds.

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, Mexico, Honduras, and Canada. 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 comprising fabric-covered items, such as 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.