Interface (NASDAQ:TILE) Hits New 52-Week High – Here’s Why

Interface, Inc. (NASDAQ:TILE) reached a new 52-week high on Thursday. The company traded as high as $40.84 and last traded at $39.7960, with a volume of 12,340 shares. The stock had previously closed at $40.16.

More Interface News

Here are the key news stories impacting Interface this week:

• Positive Sentiment: Adjusted earnings per share were $0.68, beating the $0.61 consensus estimate and rising 11.5% year over year. Interface Q3 Earnings Top Estimates
• Neutral Sentiment: Revenue edged up 0.6% year over year to $366.7 million, while GAAP diluted EPS was $0.67, down 14.1%. Interface Reports Third Quarter 2026 Results
• Negative Sentiment: Quarterly sales missed analysts’ $377.6 million estimate. Interface’s FY 2026 revenue guidance of $1.4 billion–$1.5 billion also falls short of the roughly $1.5 billion consensus at the midpoint, raising concerns about near-term growth. Interface Q3 Revenue Flash

Analyst Upgrades and Downgrades

TILE has been the topic of several research analyst reports. Wall Street Zen downgraded shares of Interface from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Barrington Research upped their target price on shares of Interface from $36.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Zacks Research downgraded shares of Interface from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Finally, Weiss Ratings downgraded Interface from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, October 27th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.50.

Interface Stock Down 18.7%

The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 12.45, a price-to-earnings-growth ratio of 1.09 and a beta of 2.08. The business has a 50-day moving average price of $35.64 and a 200-day moving average price of $32.30. The company has a quick ratio of 1.35, a current ratio of 2.53 and a debt-to-equity ratio of 0.29.

Interface (NASDAQ:TILE) last issued its earnings results on Friday, November 6th. The textile maker reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. Interface had a net margin of 10.10% and a return on equity of 21.77%. The business had revenue of $366.74 million for the quarter, compared to the consensus estimate of $377.60 million. During the same period in the previous year, the company earned $0.61 earnings per share. The firm’s revenue for the quarter was up .6% on a year-over-year basis. As a group, equities analysts anticipate that Interface, Inc. will post 2.36 earnings per share for the current fiscal year.

Interface Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 4th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Friday, September 4th. Interface’s dividend payout ratio is presently 4.86%.

Insider Activity at Interface

In other news, VP David B. Foshee sold 28,451 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $35.99, for a total transaction of $1,023,951.49. Following the sale, the vice president owned 146,563 shares of the company’s stock, valued at approximately $5,274,802.37. This represents a 16.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Laurel Hurd sold 7,000 shares of Interface stock in a transaction on Monday, October 26th. The stock was sold at an average price of $36.42, for a total value of $254,940.00. Following the transaction, the chief executive officer directly owned 492,978 shares of the company’s stock, valued at approximately $17,954,258.76. This represents a 1.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 65,621 shares of company stock worth $2,378,904 in the last 90 days. 2.47% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in Interface during the second quarter worth about $338,055,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Interface during the 2nd quarter worth $66,077,000. Bank of New York Mellon Corp acquired a new stake in Interface in the 2nd quarter valued at $16,508,000. Renaissance Technologies LLC grew its stake in shares of Interface by 107.6% in the first quarter. Renaissance Technologies LLC now owns 460,156 shares of the textile maker’s stock worth $11,467,000 after acquiring an additional 238,515 shares in the last quarter. Finally, Globeflex Capital L P purchased a new position in Interface in the second quarter valued at about $6,979,000. Institutional investors and hedge funds own 98.34% of the company’s stock.

About Interface

Interface, Inc designs and manufactures modular flooring products for commercial, institutional and residential interiors. Its portfolio includes carpet tile, broadloom carpet and resilient flooring, including luxury vinyl tile. The company serves markets such as corporate offices, hospitality, education, healthcare and retail.

Founded in 1973 by Ray Anderson, Interface is headquartered in Atlanta, Georgia, and sells its products through a global network serving customers in North America, Europe and the Asia-Pacific region.