Haverty Furniture Companies (NYSE:HVT) Announces Quarterly Earnings Results

Haverty Furniture Companies (NYSE:HVT) announced its earnings results on Monday. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.30, Zacks reports. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%.

Haverty Furniture Companies Stock Performance

HVT traded up $0.03 during midday trading on Monday, reaching $21.17. The company had a trading volume of 196,675 shares, compared to its average volume of 104,693. The business has a 50-day moving average price of $22.14 and a two-hundred day moving average price of $24.21. Haverty Furniture Companies has a 12-month low of $21.04 and a 12-month high of $34.98. The stock has a market cap of $347.28 million, a PE ratio of 13.31, a P/E/G ratio of 1.15 and a beta of 1.48.

Haverty Furniture Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 6.05%. The ex-dividend date is Thursday, March 6th. Haverty Furniture Companies’s dividend payout ratio is 80.50%.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.