Hooker Furnishings Co. (NASDAQ:HOFT – Free Report) – Stock analysts at Sidoti Csr lowered their FY2025 earnings per share estimates for Hooker Furnishings in a research note issued to investors on Thursday, April 10th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of ($0.45) for the year, down from their previous forecast of ($0.44). The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ Q2 2026 earnings at $0.06 EPS and FY2026 earnings at $0.85 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 Performance
Hooker Furnishings stock opened at $8.49 on Monday. The stock has a fifty day moving average price of $11.60 and a 200 day moving average price of $14.38. 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 52 week low of $7.77 and a 52 week high of $19.79. The firm has a market capitalization of $90.93 million, a P/E ratio of -9.33, a PEG ratio of 0.85 and a beta of 1.23.
Hooker Furnishings Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.23 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 10.84%. Hooker Furnishings’s dividend payout ratio (DPR) is presently -101.10%.
Institutional Trading of Hooker Furnishings
Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in Hooker Furnishings by 107.5% in the third quarter. JPMorgan Chase & Co. now owns 43,688 shares of the company’s stock valued at $790,000 after acquiring an additional 22,635 shares during the last quarter. Pzena Investment Management LLC lifted its stake in shares of Hooker Furnishings by 3.8% in the 4th quarter. Pzena Investment Management LLC now owns 1,335,593 shares of the company’s stock valued at $18,712,000 after purchasing an additional 49,212 shares in the last quarter. Barclays PLC grew its holdings in shares of Hooker Furnishings by 270.4% during the 3rd quarter. Barclays PLC now owns 15,463 shares of the company’s stock worth $279,000 after purchasing an additional 11,288 shares during the period. Stifel Financial Corp increased its position in Hooker Furnishings by 9.5% during the 3rd quarter. Stifel Financial Corp now owns 44,003 shares of the company’s stock worth $796,000 after purchasing an additional 3,827 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in Hooker Furnishings by 95.5% in the fourth quarter. First Eagle Investment Management LLC now owns 113,909 shares of the company’s stock valued at $1,596,000 after buying an additional 55,629 shares during the period. 73.63% of the stock is currently owned by institutional investors and hedge funds.
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.
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