Arhaus, Inc. (NASDAQ:ARHS) Receives Average Rating of “Hold” from Brokerages

Arhaus, Inc. (NASDAQ:ARHS) has received a consensus recommendation of “Hold” from the thirteen research firms that are covering the stock, MarketBeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $11.00.

ARHS has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $12.00 price target on shares of Arhaus in a report on Monday, March 2nd. Telsey Advisory Group lifted their price objective on Arhaus from $12.00 to $13.00 and gave the stock a “market perform” rating in a research note on Thursday, February 26th. Jefferies Financial Group reissued a “hold” rating and set a $9.50 price objective on shares of Arhaus in a research report on Thursday, February 26th. TD Cowen lowered their target price on Arhaus from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th.

Arhaus Stock Performance

NASDAQ:ARHS opened at $6.50 on Monday. The company’s 50 day moving average is $8.80 and its 200-day moving average is $9.94. The company has a quick ratio of 0.62, a current ratio of 1.37 and a debt-to-equity ratio of 0.13. Arhaus has a 12 month low of $6.43 and a 12 month high of $12.98. The firm has a market cap of $917.28 million, a price-to-earnings ratio of 13.54, a P/E/G ratio of 1.35 and a beta of 2.54.

Arhaus (NASDAQ:ARHS) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $364.85 million during the quarter, compared to the consensus estimate of $351.53 million. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. Arhaus’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 EPS. Equities analysts anticipate that Arhaus will post 0.46 EPS for the current year.

Arhaus Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th will be paid a $0.35 dividend. The ex-dividend date is Wednesday, March 18th.

Hedge Funds Weigh In On Arhaus

Large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Arhaus by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after purchasing an additional 1,326 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Arhaus by 83.8% in the first quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock valued at $6,061,000 after buying an additional 317,631 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Arhaus by 24.1% in the first quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock valued at $5,398,000 after buying an additional 120,314 shares during the period. Geode Capital Management LLC grew its position in Arhaus by 0.3% during the second quarter. Geode Capital Management LLC now owns 1,254,147 shares of the company’s stock worth $10,875,000 after buying an additional 3,146 shares in the last quarter. Finally, Intech Investment Management LLC increased its stake in Arhaus by 13.4% during the second quarter. Intech Investment Management LLC now owns 26,819 shares of the company’s stock valued at $233,000 after acquiring an additional 3,178 shares during the period. 27.88% of the stock is currently owned by institutional investors and hedge funds.

About Arhaus

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.