Equities Analysts Issue Forecasts for HOFT Q1 Earnings

Hooker Furnishings Co. (NASDAQ:HOFT) – Sidoti Csr dropped their Q1 2026 EPS estimates for shares of Hooker Furnishings in a report released on Thursday, April 10th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings per share of $0.06 for the quarter, down from their previous forecast of $0.13. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.39 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.19 EPS, Q3 2027 earnings at $0.48 EPS, Q4 2027 earnings at $0.51 EPS and FY2027 earnings at $1.45 EPS.

Separately, StockNews.com raised shares of Hooker Furnishings from a “sell” rating to a “hold” rating in a research note on Saturday.

Hooker Furnishings Stock Up 2.9 %

Hooker Furnishings stock opened at $8.49 on Friday. The stock’s fifty day simple moving average is $11.60 and its 200-day simple moving average is $14.40. The firm has a market capitalization of $90.93 million, a P/E ratio of -9.33, a P/E/G ratio of 0.85 and a beta of 1.23. The company has a current ratio of 3.16, a quick ratio of 1.76 and a debt-to-equity ratio of 0.10. Hooker Furnishings has a twelve month low of $7.77 and a twelve month high of $20.90.

Hooker Furnishings Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 10.84%. The ex-dividend date was Monday, March 17th. Hooker Furnishings’s payout ratio is -101.10%.

Institutional Investors Weigh In On Hooker Furnishings

Hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its stake in Hooker Furnishings by 225.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,074 shares of the company’s stock worth $43,000 after purchasing an additional 2,130 shares during the period. GAMMA Investing LLC boosted its position in shares of Hooker Furnishings by 9,630.8% in the first quarter. GAMMA Investing LLC now owns 5,060 shares of the company’s stock worth $504,000 after buying an additional 5,008 shares during the period. Wells Fargo & Company MN grew its holdings in shares of Hooker Furnishings by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 6,227 shares of the company’s stock valued at $87,000 after buying an additional 1,356 shares in the last quarter. Oak Hill Wealth Advisors LLC purchased a new stake in Hooker Furnishings in the 4th quarter worth about $145,000. Finally, Deutsche Bank AG boosted its position in Hooker Furnishings by 97.5% during the 4th quarter. Deutsche Bank AG now owns 14,494 shares of the company’s stock worth $203,000 after acquiring an additional 7,157 shares during the period. 73.63% of the stock is owned by hedge funds and other institutional investors.

About Hooker Furnishings

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.