Telsey Advisory Group Reiterates Market Perform Rating for Ethan Allen Interiors (NYSE:ETD)

Telsey Advisory Group reissued their market perform rating on shares of Ethan Allen Interiors (NYSE:ETD) in a report issued on Thursday morning, Benzinga reports. They currently have 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 Trading Down 13.0 %

NYSE:ETD opened at $29.06 on Thursday. Ethan Allen Interiors has a 12 month low of $24.76 and a 12 month high of $36.19. The stock has a market capitalization of $738.12 million, a price-to-earnings ratio of 10.57 and a beta of 1.22. The firm has a fifty day simple moving average of $32.55 and a two-hundred day simple moving average of $30.32.

Ethan Allen Interiors (NYSE:ETD) last issued its earnings results on Wednesday, April 24th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.18). Ethan Allen Interiors had a return on equity of 14.99% and a net margin of 10.63%. The firm had revenue of $146.42 million during the quarter, compared to the consensus estimate of $168.15 million. During the same quarter in the prior year, the business earned $0.86 earnings per share. Ethan Allen Interiors’s revenue for the quarter was down 21.4% on a year-over-year basis. Equities analysts predict that Ethan Allen Interiors will post 2.7 earnings per share for the current fiscal 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 given a dividend of $0.39 per share. The ex-dividend date is Monday, May 6th. This is an increase from Ethan Allen Interiors’s previous quarterly dividend of $0.36. This represents a $1.56 annualized dividend and a dividend yield of 5.37%. Ethan Allen Interiors’s payout ratio is presently 52.36%.

Hedge Funds Weigh In On Ethan Allen Interiors

Large investors have recently added to or reduced their stakes in the business. AJOVista LLC bought a new stake in Ethan Allen Interiors during the 4th quarter worth approximately $41,000. PNC Financial Services Group Inc. raised its position in Ethan Allen Interiors by 171.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,563 shares of the company’s stock valued at $136,000 after buying an additional 2,884 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Ethan Allen Interiors in the 3rd quarter valued at $203,000. Arizona State Retirement System purchased a new position in Ethan Allen Interiors during the 4th quarter worth $204,000. Finally, Evergreen Capital Management LLC bought a new stake in shares of Ethan Allen Interiors in the 3rd quarter worth $213,000. Institutional investors own 83.80% of the company’s stock.

Ethan Allen Interiors Company Profile

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.