Sidoti Csr Research Analysts Cut Earnings Estimates for HOFT

Hooker Furnishings Co. (NASDAQ:HOFTFree Report) – Investment analysts at Sidoti Csr decreased their Q4 2025 earnings per share (EPS) estimates for Hooker Furnishings in a report released on Monday, October 28th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.19 for the quarter, down from their prior forecast of $0.23. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.25) per share.

Hooker Furnishings Trading Down 0.3 %

HOFT stock opened at $16.84 on Tuesday. The firm has a 50 day moving average of $16.54 and a 200-day moving average of $16.05. The firm has a market capitalization of $179.88 million, a P/E ratio of 43.18 and a beta of 1.18. Hooker Furnishings has a 12 month low of $13.09 and a 12 month high of $27.15.

Hooker Furnishings (NASDAQ:HOFTGet Free Report) last issued its earnings results on Thursday, September 5th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.06). Hooker Furnishings had a return on equity of 0.72% and a net margin of 0.40%. The company had revenue of $95.08 million during the quarter, compared to the consensus estimate of $93.54 million. During the same quarter in the prior year, the business earned $0.07 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HOFT. Copeland Capital Management LLC purchased a new stake in shares of Hooker Furnishings in the third quarter worth $37,000. Inspire Advisors LLC increased its stake in Hooker Furnishings by 56.6% in the 3rd quarter. Inspire Advisors LLC now owns 20,534 shares of the company’s stock worth $371,000 after acquiring an additional 7,422 shares during the last quarter. Marquette Asset Management LLC raised its holdings in shares of Hooker Furnishings by 131.1% in the 3rd quarter. Marquette Asset Management LLC now owns 19,648 shares of the company’s stock valued at $355,000 after acquiring an additional 11,145 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Hooker Furnishings by 18.0% during the 2nd quarter. American Century Companies Inc. now owns 204,614 shares of the company’s stock valued at $2,963,000 after acquiring an additional 31,261 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of Hooker Furnishings by 15.7% during the second quarter. Acadian Asset Management LLC now owns 5,179 shares of the company’s stock worth $74,000 after purchasing an additional 703 shares in the last quarter. 73.63% of the stock is currently owned by hedge funds and other institutional investors.

Hooker Furnishings Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend was Friday, September 13th. Hooker Furnishings’s payout ratio is 235.90%.

About Hooker Furnishings

(Get Free Report)

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.

See Also

Earnings History and Estimates for Hooker Furnishings (NASDAQ:HOFT)

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