Ethan Allen Interiors (NYSE:ETD) Receives Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group reiterated their market perform rating on shares of Ethan Allen Interiors (NYSE:ETD) in a research report sent to investors on Thursday, Benzinga reports. The brokerage currently has a $30.00 target price on the stock. Telsey Advisory Group also issued estimates for Ethan Allen Interiors’ Q1 2025 earnings at $0.59 EPS, Q2 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.70 EPS and FY2026 earnings at $2.70 EPS.

Ethan Allen Interiors Stock Performance

Shares of ETD stock opened at $28.80 on Thursday. The stock’s 50-day moving average is $32.49 and its two-hundred day moving average is $30.32. The firm has a market cap of $731.81 million, a price-to-earnings ratio of 10.47 and a beta of 1.22. Ethan Allen Interiors has a 1 year low of $24.76 and a 1 year high of $36.19.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.18). The firm had revenue of $146.42 million for the quarter, compared to analysts’ expectations of $168.15 million. Ethan Allen Interiors had a return on equity of 14.93% and a net margin of 10.63%. The business’s revenue for the quarter was down 21.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.86 EPS. As a group, research analysts predict that Ethan Allen Interiors will post 2.32 EPS for the current year.

Ethan Allen Interiors Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Tuesday, May 7th will be paid a dividend of $0.39 per share. This is an increase from Ethan Allen Interiors’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Monday, May 6th. This represents a $1.56 annualized dividend and a dividend yield of 5.42%. Ethan Allen Interiors’s dividend payout ratio is 52.36%.

Institutional Investors Weigh In On Ethan Allen Interiors

Hedge funds have recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its position in shares of Ethan Allen Interiors by 10.8% during the 3rd quarter. American Century Companies Inc. now owns 375,968 shares of the company’s stock valued at $11,241,000 after acquiring an additional 36,579 shares during the period. Mainstay Capital Management LLC ADV increased its stake in shares of Ethan Allen Interiors by 26.4% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 55,618 shares of the company’s stock worth $1,775,000 after purchasing an additional 11,609 shares in the last quarter. Cambria Investment Management L.P. increased its stake in shares of Ethan Allen Interiors by 8.5% during the 3rd quarter. Cambria Investment Management L.P. now owns 286,216 shares of the company’s stock worth $8,558,000 after purchasing an additional 22,344 shares in the last quarter. Invesco Ltd. increased its stake in shares of Ethan Allen Interiors by 35.6% during the 3rd quarter. Invesco Ltd. now owns 416,348 shares of the company’s stock worth $12,449,000 after purchasing an additional 109,235 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of Ethan Allen Interiors by 6.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 66,868 shares of the company’s stock worth $2,134,000 after purchasing an additional 4,068 shares in the last quarter. Institutional investors and hedge funds own 83.80% of the company’s stock.

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.