Brokerages forecast that Ethan Allen Interiors Inc. (NYSE:ETH) will announce $181.60 million in sales for the current quarter, according to Zacks. Three analysts have issued estimates for Ethan Allen Interiors’ earnings. The highest sales estimate is $182.50 million and the lowest is $180.89 million. Ethan Allen Interiors reported sales of $181.42 million during the same quarter last year, which indicates a positive year over year growth rate of 0.1%. The firm is expected to announce its next earnings report on Thursday, April 25th.

According to Zacks, analysts expect that Ethan Allen Interiors will report full year sales of $776.87 million for the current financial year, with estimates ranging from $774.00 million to $782.19 million. For the next financial year, analysts forecast that the business will post sales of $794.54 million, with estimates ranging from $780.71 million to $813.40 million. Zacks’ sales calculations are an average based on a survey of research firms that follow Ethan Allen Interiors.

Ethan Allen Interiors (NYSE:ETH) last released its quarterly earnings results on Monday, January 28th. The company reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. Ethan Allen Interiors had a net margin of 4.55% and a return on equity of 9.29%. The business had revenue of $197.20 million for the quarter, compared to analysts’ expectations of $201.66 million. During the same period last year, the business earned $0.53 EPS. The company’s revenue was down .7% compared to the same quarter last year.

Several brokerages recently commented on ETH. 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 downgraded Ethan Allen Interiors from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 29th. Raymond James lowered 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 note on Monday, February 4th. Finally, ValuEngine cut shares of Ethan Allen Interiors from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. One research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Ethan Allen Interiors currently has an average rating of “Hold” and an average target price of $20.86.

NYSE ETH traded down $0.09 on Tuesday, hitting $19.47. The stock had a trading volume of 199,968 shares, compared to its average volume of 292,867. Ethan Allen Interiors has a 52-week low of $16.90 and a 52-week high of $25.55. The firm has a market capitalization of $519.90 million, a P/E ratio of 14.42, a P/E/G ratio of 0.87 and a beta of 1.03.

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 25th. Investors of record on Thursday, April 11th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 3.90%. The ex-dividend date is Wednesday, April 10th. Ethan Allen Interiors’s dividend payout ratio (DPR) is 56.30%.

A number of hedge funds have recently made changes to their positions in ETH. Acadian Asset Management LLC acquired a new position in shares of Ethan Allen Interiors in the 4th quarter valued at $122,000. Metropolitan Life Insurance Co. NY grew its position in Ethan Allen Interiors by 375.4% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 8,571 shares of the company’s stock valued at $151,000 after buying an additional 6,768 shares during the period. Oregon Public Employees Retirement Fund purchased a new position in Ethan Allen Interiors in the fourth quarter valued at $165,000. Meeder Asset Management Inc. purchased a new position in Ethan Allen Interiors in the fourth quarter valued at $166,000. Finally, Municipal Employees Retirement System of Michigan purchased a new position in Ethan Allen Interiors in the fourth quarter valued at $196,000. Institutional investors own 91.02% of the company’s stock.

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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