Ethan Allen Interiors Inc. (NYSE:ETD – Get Free Report) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totaling 1,807,154 shares, a drop of 14.6% from the March 31st total of 2,116,642 shares. Based on an average daily volume of 411,747 shares, the days-to-cover ratio is presently 4.4 days. Currently, 7.9% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC boosted its stake in Ethan Allen Interiors by 365.5% during the second quarter. Tower Research Capital LLC TRC now owns 3,054 shares of the company’s stock worth $85,000 after buying an additional 2,398 shares during the period. CWM LLC boosted its stake in Ethan Allen Interiors by 391.4% during the third quarter. CWM LLC now owns 4,236 shares of the company’s stock worth $125,000 after buying an additional 3,374 shares during the period. AlphaQuest LLC boosted its stake in Ethan Allen Interiors by 106.0% during the third quarter. AlphaQuest LLC now owns 4,585 shares of the company’s stock worth $135,000 after buying an additional 2,359 shares during the period. Nisa Investment Advisors LLC boosted its stake in Ethan Allen Interiors by 76.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 5,240 shares of the company’s stock worth $120,000 after buying an additional 2,267 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Ethan Allen Interiors by 38.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,677 shares of the company’s stock valued at $130,000 after purchasing an additional 1,565 shares during the period. 83.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on ETD shares. Telsey Advisory Group reduced their price target on shares of Ethan Allen Interiors from $27.00 to $24.00 and set a “market perform” rating on the stock in a research report on Thursday. Zacks Research upgraded shares of Ethan Allen Interiors from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. Weiss Ratings upgraded shares of Ethan Allen Interiors from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 10th. Finally, Wall Street Zen upgraded shares of Ethan Allen Interiors from a “sell” rating to a “hold” rating in a research report on Sunday, March 1st. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $24.00.
Ethan Allen Interiors Trading Down 2.3%
ETD traded down $0.49 during trading hours on Friday, hitting $20.85. The company’s stock had a trading volume of 613,190 shares, compared to its average volume of 361,829. The business’s 50-day moving average price is $22.37 and its 200-day moving average price is $23.59. The stock has a market cap of $530.71 million, a price-to-earnings ratio of 13.20 and a beta of 1.04. Ethan Allen Interiors has a 12 month low of $20.74 and a 12 month high of $31.41.
Ethan Allen Interiors (NYSE:ETD – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.21 by $0.03. The company had revenue of $135.84 million during the quarter, compared to analyst estimates of $134.85 million. Ethan Allen Interiors had a net margin of 6.81% and a return on equity of 8.54%. Ethan Allen Interiors’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.38 earnings per share. On average, analysts forecast that Ethan Allen Interiors will post 1.48 earnings per share for the current year.
Ethan Allen Interiors Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Wednesday, May 13th. Ethan Allen Interiors’s payout ratio is presently 90.70%.
Ethan Allen Interiors News Summary
Here are the key news stories impacting Ethan Allen Interiors this week:
- Positive Sentiment: Company declared a sizable quarterly dividend of $0.39 per share (annualized yield ~7.3%), supporting income-focused demand for the shares ahead of the May ex-dividend date. Read More.
- Positive Sentiment: Operating cash flow strengthened significantly (reported up ~48% YoY) and the company held roughly $66.6M in cash, which helps liquidity and supports the dividend and capital spending. Read More.
- Positive Sentiment: Management said April retail written orders turned positive, indicating demand may be stabilizing after recent weakness. Read More.
- Neutral Sentiment: Q3 results were mixed: EPS beat Street expectations ($0.24 vs $0.21 consensus) but revenue and profitability declined YoY (revenue down ~4.8%, operating profit and net income down sharply). The quarter shows cost control but softer top-line momentum. Read More.
- Negative Sentiment: Telsey Advisory Group cut its price target to $24 from $27 and moved the rating to “market perform,” reducing near-term analyst enthusiasm and likely weighing on sentiment. Read More.
- Negative Sentiment: Management disclosed an annual tariff exposure of roughly $15M–$20M, which is a meaningful headwind to margins if tariffs persist or rise. Read More.
- Negative Sentiment: Insider activity shows sustained insider selling (no purchases reported in recent months), which can signal limited insider conviction and pressure investor sentiment. Read More.
Ethan Allen Interiors Company Profile
Ethan Allen Interiors Inc (NYSE: ETD) is a vertically integrated manufacturer and retailer of home furnishings, offering a broad range of furniture, upholstery, case goods and decorative accessories. The company designs and produces the majority of its products in its own North American manufacturing facilities, maintaining close control over quality, craftsmanship and production schedules. Through its network of company-operated and franchised Design Centers and galleries, Ethan Allen delivers a full-service offering that includes on-site interior design consultations and project management.
Founded in 1932 as a small Colonial-Revival furniture maker in northern Vermont, Ethan Allen has grown into a global brand known for its timeless styles and customization options.
Further Reading
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