Sidoti Has Pessimistic View of HVT FY2026 Earnings

Haverty Furniture Companies, Inc. (NYSE:HVT) – Equities researchers at Sidoti dropped their FY2026 EPS estimates for Haverty Furniture Companies in a note issued to investors on Wednesday, February 25th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings of $1.95 per share for the year, down from their prior forecast of $2.32. The consensus estimate for Haverty Furniture Companies’ current full-year earnings is $0.88 per share.

Several other research analysts have also commented on the company. Zacks Research lowered Haverty Furniture Companies from a “hold” rating to a “strong sell” rating in a research report on Monday, December 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Haverty Furniture Companies in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded Haverty Furniture Companies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce”.

Haverty Furniture Companies Trading Down 1.9%

NYSE:HVT opened at $23.86 on Friday. The firm’s fifty day simple moving average is $25.46 and its 200 day simple moving average is $23.54. Haverty Furniture Companies has a twelve month low of $17.01 and a twelve month high of $27.67. The firm has a market capitalization of $388.20 million, a price-to-earnings ratio of 20.39, a PEG ratio of 0.98 and a beta of 1.32.

Haverty Furniture Companies (NYSE:HVT) last released its quarterly earnings data on Monday, February 23rd. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Haverty Furniture Companies had a net margin of 2.60% and a return on equity of 6.45%. The company had revenue of $201.92 million during the quarter, compared to analyst estimates of $197.47 million.

Hedge Funds Weigh In On Haverty Furniture Companies

Institutional investors and hedge funds have recently made changes to their positions in the business. Assenagon Asset Management S.A. acquired a new stake in shares of Haverty Furniture Companies in the 3rd quarter valued at about $1,123,000. GSA Capital Partners LLP bought a new stake in Haverty Furniture Companies in the third quarter valued at about $1,118,000. Y Intercept Hong Kong Ltd acquired a new stake in Haverty Furniture Companies during the second quarter valued at approximately $1,288,000. Arrowstreet Capital Limited Partnership raised its stake in Haverty Furniture Companies by 8.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 337,889 shares of the company’s stock valued at $6,876,000 after buying an additional 24,945 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in Haverty Furniture Companies by 146.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,201 shares of the company’s stock worth $187,000 after buying an additional 5,465 shares during the last quarter. 80.57% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Haverty Furniture Companies news, Director Rawson Haverty, Jr. sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $24.86, for a total transaction of $186,450.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.63% of the stock is currently owned by company insiders.

Haverty Furniture Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.32 dividend on an annualized basis and a yield of 5.5%. Haverty Furniture Companies’s dividend payout ratio is currently 112.82%.

Key Stories Impacting Haverty Furniture Companies

Here are the key news stories impacting Haverty Furniture Companies this week:

• Positive Sentiment: Recent quarterly results showed a modest beat (Q4 EPS $0.50 vs. $0.48 consensus) and revenue above estimates — a near-term fundamental positive that can support the stock. MarketBeat HVT
• Neutral Sentiment: Valuation and technicals are mixed: HVT trades around a mid-$20s price, with a P/E ~20 and a 200-day moving average near current levels — factors that may limit both upside and downside in the absence of new catalysts. MarketBeat HVT
• Negative Sentiment: Sidoti cut multiple near-term quarterly EPS forecasts (notably Q1–Q4 2026 and several 2027 quarters), indicating the analyst expects weaker sales or margin pressure in the coming quarters — a direct negative for short-term earnings visibility. MarketBeat HVT
• Negative Sentiment: Sidoti lowered FY2027 EPS to $3.00 from $3.19, signaling reduced medium-term earnings expectations; that step-down in consensus-level projections is likely the primary driver of today’s sell pressure. MarketBeat HVT
• Negative Sentiment: The cuts are modest in absolute dollars (mostly a few cents per quarter) but broad across periods — investors will watch upcoming same-store sales, margin commentary, and management remarks for confirmation of the trend. MarketBeat HVT

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and home décor in the United States. Founded in 1885 by J.J. Haverty and headquartered in Atlanta, Georgia, the company offers a broad assortment of upholstered furniture, case goods, mattresses, area rugs and decorative accessories. Customers can shop through a network of company-owned showrooms as well as an e-commerce platform, supported by in-house design services, delivery options and consumer financing programs.

Over more than a century of operation, Havertys has expanded its presence primarily across the Southeast and select markets beyond.