Equities Analysts Offer Predictions for HOFT FY2025 Earnings

Hooker Furnishings Co. (NASDAQ:HOFT) – Equities research analysts at Sidoti Csr dropped their FY2025 earnings per share estimates for shares of Hooker Furnishings in a research report issued on Thursday, April 10th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of ($0.45) for the year, down from their prior forecast of ($0.44). The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ Q2 2026 earnings at $0.06 EPS and FY2026 earnings at $0.85 EPS.

Separately, StockNews.com upgraded shares of Hooker Furnishings from a “sell” rating to a “hold” rating in a research note on Saturday.

Hooker Furnishings Stock Down 4.4 %

HOFT opened at $8.12 on Monday. The business has a 50 day moving average of $11.50 and a 200-day moving average of $14.31. The stock has a market capitalization of $86.97 million, a price-to-earnings ratio of -8.92, a P/E/G ratio of 0.85 and a beta of 1.23. The company has a current ratio of 3.16, a quick ratio of 1.76 and a debt-to-equity ratio of 0.10. Hooker Furnishings has a 1-year low of $7.77 and a 1-year high of $19.79.

Hooker Furnishings Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 11.33%. The ex-dividend date was Monday, March 17th. Hooker Furnishings’s dividend payout ratio (DPR) is presently -101.10%.

Hedge Funds Weigh In On Hooker Furnishings

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Hooker Furnishings by 107.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,688 shares of the company’s stock worth $790,000 after purchasing an additional 22,635 shares in the last quarter. Pzena Investment Management LLC boosted its stake in Hooker Furnishings by 3.8% during the fourth quarter. Pzena Investment Management LLC now owns 1,335,593 shares of the company’s stock worth $18,712,000 after buying an additional 49,212 shares in the last quarter. Barclays PLC increased its holdings in Hooker Furnishings by 270.4% in the 3rd quarter. Barclays PLC now owns 15,463 shares of the company’s stock valued at $279,000 after buying an additional 11,288 shares during the period. Stifel Financial Corp raised its stake in shares of Hooker Furnishings by 9.5% in the 3rd quarter. Stifel Financial Corp now owns 44,003 shares of the company’s stock valued at $796,000 after buying an additional 3,827 shares in the last quarter. Finally, First Eagle Investment Management LLC lifted its holdings in shares of Hooker Furnishings by 95.5% during the 4th quarter. First Eagle Investment Management LLC now owns 113,909 shares of the company’s stock worth $1,596,000 after acquiring an additional 55,629 shares during the period. Institutional investors and hedge funds own 73.63% of the company’s stock.

Hooker Furnishings Company Profile

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.