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

Ethan Allen Interiors (NYSE:ETD) will announce its earnings results after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings data on Wednesday, January 24th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.09). Ethan Allen Interiors had a net margin of 11.37% and a return on equity of 17.19%. The business had revenue of $167.28 million during the quarter, compared to analyst estimates of $179.20 million. During the same quarter in the prior year, the firm posted $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

Shares of ETD opened at $31.82 on Monday. Ethan Allen Interiors has a 52-week low of $24.76 and a 52-week high of $36.19. The stock has a 50 day simple moving average of $32.47 and a 200 day simple moving average of $30.27. The firm has a market capitalization of $808.23 million, a PE ratio of 10.20 and a beta of 1.22.

Ethan Allen Interiors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Tuesday, February 6th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend was Monday, February 5th. Ethan Allen Interiors’s dividend payout ratio (DPR) is currently 46.15%.

Institutional Investors Weigh In On Ethan Allen Interiors

Institutional investors and hedge funds have recently made changes to their positions in the stock. State of Wyoming bought a new stake in shares of Ethan Allen Interiors during the 4th quarter worth approximately $30,000. Tower Research Capital LLC TRC raised its stake in shares of Ethan Allen Interiors by 234.8% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,212 shares of the company’s stock worth $34,000 after purchasing an additional 850 shares in the last quarter. Metropolitan Life Insurance Co NY bought a new stake in shares of Ethan Allen Interiors during the 1st quarter worth approximately $39,000. PNC Financial Services Group Inc. bought a new stake in shares of Ethan Allen Interiors during the 1st quarter worth approximately $41,000. Finally, Ameritas Investment Partners Inc. bought a new stake in Ethan Allen Interiors in the 1st quarter valued at $50,000. Institutional investors own 83.80% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Telsey Advisory Group reaffirmed a “market perform” rating and set a $30.00 price target on shares of Ethan Allen Interiors in a research report on Friday.

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.