Wall Street analysts forecast that Ethan Allen Interiors Inc. (NYSE:ETH) will announce sales of $181.60 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Ethan Allen Interiors’ earnings. The lowest sales estimate is $180.89 million and the highest is $182.50 million. Ethan Allen Interiors posted sales of $181.42 million in the same quarter last year, which suggests a positive year-over-year growth rate of 0.1%. The business is scheduled to issue its next earnings report on Thursday, April 25th.
On average, analysts expect that Ethan Allen Interiors will report full year sales of $776.87 million for the current fiscal year, with estimates ranging from $774.00 million to $782.19 million. For the next year, analysts anticipate that the business will report sales of $794.54 million, with estimates ranging from $780.71 million to $813.40 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Ethan Allen Interiors.
Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings results on Monday, January 28th. The company reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The company had revenue of $197.20 million for the quarter, compared to analyst estimates of $201.66 million. Ethan Allen Interiors had a net margin of 4.55% and a return on equity of 9.29%. The firm’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.53 EPS.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Texas Permanent School Fund grew its holdings in Ethan Allen Interiors by 4.2% during the 4th quarter. Texas Permanent School Fund now owns 16,169 shares of the company’s stock worth $284,000 after acquiring an additional 645 shares during the last quarter. California Public Employees Retirement System grew its holdings in Ethan Allen Interiors by 1.2% during the 4th quarter. California Public Employees Retirement System now owns 87,392 shares of the company’s stock worth $1,537,000 after acquiring an additional 1,022 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Ethan Allen Interiors by 0.7% during the 4th quarter. Principal Financial Group Inc. now owns 200,604 shares of the company’s stock worth $3,529,000 after acquiring an additional 1,394 shares during the last quarter. Legal & General Group Plc grew its holdings in Ethan Allen Interiors by 2.5% during the 4th quarter. Legal & General Group Plc now owns 58,834 shares of the company’s stock worth $1,041,000 after acquiring an additional 1,407 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in Ethan Allen Interiors by 6.3% during the 4th quarter. Arizona State Retirement System now owns 38,052 shares of the company’s stock worth $669,000 after acquiring an additional 2,262 shares during the last quarter. 91.02% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Ethan Allen Interiors stock opened at $19.18 on Tuesday. The company has a market cap of $508.47 million, a P/E ratio of 14.21, a P/E/G ratio of 0.85 and a beta of 1.03. Ethan Allen Interiors has a 1 year low of $16.90 and a 1 year high of $25.55.
The business also recently declared 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 dividend yield of 3.96%. The ex-dividend date is Wednesday, April 10th. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 56.30%.
About Ethan Allen Interiors
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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