ETD FY2025 EPS Estimate Lifted by Telsey Advisory Group

Ethan Allen Interiors Inc. (NYSE:ETD) – Equities researchers at Telsey Advisory Group raised their FY2025 earnings per share estimates for Ethan Allen Interiors in a research note issued on Thursday, January 30th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will post earnings per share of $2.32 for the year, up from their previous estimate of $2.30. Telsey Advisory Group currently has a “Market Perform” rating and a $32.00 price target on the stock. The consensus estimate for Ethan Allen Interiors’ current full-year earnings is $2.32 per share.

Ethan Allen Interiors (NYSE:ETD) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%.

Separately, Argus restated a “hold” rating on shares of Ethan Allen Interiors in a report on Monday, January 13th.

Ethan Allen Interiors Price Performance

Shares of ETD stock opened at $30.57 on Monday. The company has a market capitalization of $777.42 million, a PE ratio of 12.84 and a beta of 1.31. The firm’s 50-day moving average is $29.17 and its two-hundred day moving average is $29.87. Ethan Allen Interiors has a 12 month low of $26.53 and a 12 month high of $35.62.

Ethan Allen Interiors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date of this dividend is Tuesday, February 11th. Ethan Allen Interiors’s payout ratio is 65.55%.

Insider Activity at Ethan Allen Interiors

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $28.67, for a total value of $286,700.00. Following the sale, the chief executive officer now owns 1,651,905 shares of the company’s stock, valued at $47,360,116.35. The trade was a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 10.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Ethan Allen Interiors

Several institutional investors and hedge funds have recently modified their holdings of the company. AQR Capital Management LLC grew its position in Ethan Allen Interiors by 2.3% in the 2nd quarter. AQR Capital Management LLC now owns 78,036 shares of the company’s stock valued at $2,176,000 after acquiring an additional 1,783 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Ethan Allen Interiors by 2,127.1% in the second quarter. Millennium Management LLC now owns 157,480 shares of the company’s stock valued at $4,392,000 after purchasing an additional 150,409 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Ethan Allen Interiors by 6.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,737 shares of the company’s stock worth $244,000 after buying an additional 543 shares during the period. Sanctuary Advisors LLC acquired a new stake in Ethan Allen Interiors during the 2nd quarter worth approximately $373,000. Finally, SG Americas Securities LLC purchased a new position in Ethan Allen Interiors in the 3rd quarter valued at approximately $605,000. Hedge funds and other institutional investors own 83.80% 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 the United States, Mexico, Honduras, and Canada. The company operates in 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 comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent 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.