Ethan Allen Interiors (ETD) to Release Quarterly Earnings on Wednesday

Ethan Allen Interiors (NYSE:ETD) is anticipated to announce its earnings results after the market closes on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $160,600.00 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Ethan Allen Interiors Stock Performance

Shares of ETD stock opened at $28.79 on Monday. The firm has a market capitalization of $732.00 million, a PE ratio of 11.65 and a beta of 1.31. Ethan Allen Interiors has a 1 year low of $26.53 and a 1 year high of $35.62. The stock has a fifty day moving average of $29.12 and a two-hundred day moving average of $29.84.

Ethan Allen Interiors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 5.42%. The ex-dividend date of this dividend was Tuesday, November 12th. Ethan Allen Interiors’s payout ratio is currently 63.16%.

Analysts Set New Price Targets

ETD has been the topic of a number of recent analyst reports. Telsey Advisory Group restated a “market perform” rating and set a $32.00 price target on shares of Ethan Allen Interiors in a research report on Friday. Argus reissued a “hold” rating on shares of Ethan Allen Interiors in a report on Monday, January 13th.

Insider Activity

In related news, CEO M Farooq Kathwari sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $28.67, for a total value of $286,700.00. Following the sale, the chief executive officer now directly owns 1,651,905 shares in the company, valued at $47,360,116.35. The trade was a 0.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 10.48% 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.