Arhaus, Inc. (NASDAQ:ARHS) Plans $0.35 Special Dividend

Arhaus, Inc. (NASDAQ:ARHS) announced a special dividend on Tuesday, February 17th. Investors of record on Wednesday, March 18th will be paid a dividend of 0.35 per share on Tuesday, March 31st. The ex-dividend date of this dividend is Wednesday, March 18th.

Arhaus Stock Up 0.6%

Shares of NASDAQ:ARHS opened at $7.10 on Monday. The firm has a market cap of $1.00 billion, a P/E ratio of 14.79, a P/E/G ratio of 1.47 and a beta of 2.54. The company has a quick ratio of 0.62, a current ratio of 1.37 and a debt-to-equity ratio of 0.13. Arhaus has a 12-month low of $6.61 and a 12-month high of $12.98. The business has a fifty day simple moving average of $9.60 and a 200 day simple moving average of $10.26.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $364.85 million for the quarter, compared to analyst estimates of $351.53 million. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.During the same quarter in the previous year, the company posted $0.15 EPS. The business’s revenue was up 5.1% on a year-over-year basis. Analysts predict that Arhaus will post 0.46 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. TD Cowen dropped their target price on shares of Arhaus from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Morgan Stanley upped their price target on shares of Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Stifel Nicolaus set a $12.00 price target on Arhaus in a report on Monday, March 2nd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $9.50 target price on shares of Arhaus in a research note on Thursday, February 26th. Three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.00.

Arhaus Company Profile

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.