Wall Street brokerages expect Ethan Allen Interiors Inc. (NYSE:ETH) to report sales of $198.60 million for the current quarter, Zacks reports. Three analysts have made estimates for Ethan Allen Interiors’ earnings, with the highest sales estimate coming in at $199.40 million and the lowest estimate coming in at $197.10 million. Ethan Allen Interiors reported sales of $205.58 million in the same quarter last year, which indicates a negative year over year growth rate of 3.4%. The company is scheduled to announce its next earnings results on Wednesday, July 24th.

According to Zacks, analysts expect that Ethan Allen Interiors will report full-year sales of $761.38 million for the current fiscal year, with estimates ranging from $759.87 million to $762.20 million. For the next fiscal year, analysts expect that the company will report sales of $764.30 million, with estimates ranging from $756.70 million to $770.20 million. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Ethan Allen Interiors.

Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings results on Monday, April 29th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.14. The firm had revenue of $177.80 million for the quarter, compared to analysts’ expectations of $181.02 million. Ethan Allen Interiors had a net margin of 5.27% and a return on equity of 10.84%. Ethan Allen Interiors’s revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.11 earnings per share.

A number of research analysts have recently commented on the stock. Raymond James cut shares of Ethan Allen Interiors from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $22.75 to $18.45 in a research report on Monday, February 4th. Zacks Investment Research raised shares of Ethan Allen Interiors from a “strong sell” rating to a “hold” rating in a research report on Monday, April 1st. Dougherty & Co cut shares of Ethan Allen Interiors from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 29th. ValuEngine raised shares of Ethan Allen Interiors from a “sell” rating to a “hold” rating in a research report on Tuesday, April 30th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $21.00 target price (up from $20.00) on shares of Ethan Allen Interiors in a research report on Tuesday, April 30th. Four analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $21.48.

ETH stock traded down $0.38 during midday trading on Friday, reaching $21.43. 279,500 shares of the company’s stock traded hands, compared to its average volume of 292,154. The stock has a market cap of $579.71 million, a price-to-earnings ratio of 15.87, a price-to-earnings-growth ratio of 0.94 and a beta of 1.09. The company has a quick ratio of 0.47, a current ratio of 1.77 and a debt-to-equity ratio of 0.02. Ethan Allen Interiors has a fifty-two week low of $16.90 and a fifty-two week high of $25.55.

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 25th. Stockholders of record on Wednesday, July 10th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, July 9th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.55%. Ethan Allen Interiors’s payout ratio is currently 56.30%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc lifted its position in shares of Ethan Allen Interiors by 1.0% during the third quarter. Vanguard Group Inc now owns 2,548,166 shares of the company’s stock worth $52,874,000 after purchasing an additional 24,336 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Ethan Allen Interiors by 29.6% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 186,535 shares of the company’s stock valued at $3,281,000 after acquiring an additional 42,592 shares in the last quarter. California Public Employees Retirement System raised its holdings in Ethan Allen Interiors by 1.2% in the fourth quarter. California Public Employees Retirement System now owns 87,392 shares of the company’s stock valued at $1,537,000 after acquiring an additional 1,022 shares in the last quarter. Oregon Public Employees Retirement Fund acquired a new stake in Ethan Allen Interiors in the fourth quarter valued at $165,000. Finally, Victory Capital Management Inc. raised its holdings in Ethan Allen Interiors by 9.1% in the fourth quarter. Victory Capital Management Inc. now owns 59,273 shares of the company’s stock valued at $1,043,000 after acquiring an additional 4,949 shares in the last quarter. 88.27% of the stock is currently owned by institutional investors and hedge funds.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through 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 items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other 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.

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Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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