Sidoti Csr Forecasts Weaker Earnings for Hooker Furnishings

Hooker Furnishings Co. (NASDAQ:HOFT) – Research analysts at Sidoti Csr reduced their Q3 2025 earnings per share (EPS) estimates for shares of Hooker Furnishings in a report released on Monday, October 28th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings of $0.02 per share for the quarter, down from their previous estimate of $0.09. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.25) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ FY2025 earnings at ($0.37) EPS.

Hooker Furnishings Stock Down 4.8 %

Shares of HOFT opened at $16.03 on Wednesday. Hooker Furnishings has a 52-week low of $13.09 and a 52-week high of $27.15. The company has a 50-day simple moving average of $16.54 and a 200-day simple moving average of $16.05. The company has a market capitalization of $171.75 million, a PE ratio of 123.31 and a beta of 1.18.

Hooker Furnishings (NASDAQ:HOFT) last announced its quarterly earnings data on Thursday, September 5th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.06). The business had revenue of $95.08 million for the quarter, compared to analyst estimates of $93.54 million. Hooker Furnishings had a return on equity of 0.72% and a net margin of 0.40%. During the same period in the prior year, the company earned $0.07 EPS.

Hooker Furnishings Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were given a dividend of $0.23 per share. The ex-dividend date was Friday, September 13th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 5.74%. Hooker Furnishings’s payout ratio is 707.69%.

Institutional Investors Weigh In On Hooker Furnishings

Several institutional investors have recently modified their holdings of HOFT. Foundry Partners LLC acquired a new position in Hooker Furnishings during the first quarter worth $869,000. American Century Companies Inc. increased its position in shares of Hooker Furnishings by 18.0% in the second quarter. American Century Companies Inc. now owns 204,614 shares of the company’s stock valued at $2,963,000 after buying an additional 31,261 shares in the last quarter. Azarias Capital Management L.P. raised its stake in shares of Hooker Furnishings by 23.8% during the 2nd quarter. Azarias Capital Management L.P. now owns 624,415 shares of the company’s stock worth $9,042,000 after buying an additional 120,219 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Hooker Furnishings in the 1st quarter worth about $107,000. Finally, American National Bank & Trust Co. VA acquired a new stake in Hooker Furnishings in the 1st quarter valued at about $357,000. Hedge funds and other institutional investors own 73.63% of the company’s stock.

Hooker Furnishings Company Profile

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.