Haverty Furniture Companies (NYSE:HVT) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen lowered shares of Haverty Furniture Companies (NYSE:HVT) from a strong-buy rating to a buy rating in a report issued on Saturday.

A number of other analysts have also recently issued reports on HVT. Weiss Ratings reiterated a “hold (c)” rating on shares of Haverty Furniture Companies in a report on Monday, December 29th. Zacks Research cut shares of Haverty Furniture Companies from a “hold” rating to a “strong sell” rating in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Haverty Furniture Companies presently has a consensus rating of “Reduce”.

Haverty Furniture Companies Stock Down 0.7%

Shares of HVT opened at $23.75 on Friday. Haverty Furniture Companies has a fifty-two week low of $17.01 and a fifty-two week high of $27.67. The company’s fifty day moving average is $25.45 and its two-hundred day moving average is $23.57. The firm has a market cap of $386.33 million, a PE ratio of 20.30, a price-to-earnings-growth ratio of 1.06 and a beta of 1.32.

Haverty Furniture Companies (NYSE:HVT) last issued its earnings results on Monday, February 23rd. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. Haverty Furniture Companies had a return on equity of 6.45% and a net margin of 2.60%.The business had revenue of $201.92 million for the quarter, compared to analyst estimates of $197.47 million. As a group, equities research analysts anticipate that Haverty Furniture Companies will post 0.88 earnings per share for the current year.

Haverty Furniture Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Tuesday, March 10th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.32 annualized dividend and a yield of 5.6%. Haverty Furniture Companies’s payout ratio is 112.82%.

Insider Transactions at Haverty Furniture Companies

In other news, Director Rawson Haverty, Jr. sold 7,500 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $24.86, for a total transaction of $186,450.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 8.63% of the stock is owned by company insiders.

Hedge Funds Weigh In On Haverty Furniture Companies

A number of institutional investors have recently added to or reduced their stakes in HVT. Raymond James Financial Inc. purchased a new position in Haverty Furniture Companies in the 2nd quarter valued at about $31,000. CANADA LIFE ASSURANCE Co lifted its stake in shares of Haverty Furniture Companies by 57.0% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,721 shares of the company’s stock worth $40,000 after acquiring an additional 625 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in Haverty Furniture Companies in the fourth quarter valued at about $45,000. State of Wyoming acquired a new stake in Haverty Furniture Companies during the 2nd quarter valued at approximately $58,000. Finally, CWM LLC increased its holdings in Haverty Furniture Companies by 74.8% during the 4th quarter. CWM LLC now owns 5,940 shares of the company’s stock worth $139,000 after purchasing an additional 2,541 shares during the last quarter. Institutional investors and hedge funds own 80.57% of the company’s stock.

Key Stories Impacting Haverty Furniture Companies

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

• Positive Sentiment: Haverty recently reported a modest Q4 beat (EPS $0.50 vs. $0.48 consensus) with revenue topping estimates, showing near-term demand resilience. MarketBeat HVT page
• Negative Sentiment: Sidoti cut its FY2026 EPS forecast to $1.95 from $2.32 — a meaningful downward revision that reduces near-term growth expectations and pressure on forward valuation. Sidoti cuts (MarketBeat)
• Negative Sentiment: Sidoti also trimmed a series of quarterly estimates across 2026 and 2027 (examples: Q1 2026 to $0.25 from $0.34; Q2 2026 to $0.34 from $0.47; Q3 2026 to $0.59 from $0.67; Q4 2026 to $0.77 from $0.85; and smaller downward revisions to 2027 quarters). These across-the-board reductions signal Sidoti sees slower margin or sales trends ahead. Sidoti quarterly cuts (MarketBeat)
• Negative Sentiment: Sidoti lowered FY2027 estimates to $3.00 from $3.19, trimming longer-term earnings power expectations and potentially tempering upside in the stock absent stronger execution or guidance. FY2027 revision (MarketBeat)

About Haverty Furniture Companies

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.