Sidoti Csr Reduces Earnings Estimates for Hooker Furnishings

Hooker Furnishings Corp. (NASDAQ:HOFT) – Research analysts at Sidoti Csr dropped their Q2 2026 earnings per share estimates for shares of Hooker Furnishings in a research note issued to investors on Tuesday, September 2nd. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings of ($0.16) per share for the quarter, down from their prior estimate of ($0.15). The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.44) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ Q4 2026 earnings at $0.31 EPS.

Separately, Zacks Research raised Hooker Furnishings to a “hold” rating in a research note on Tuesday, August 12th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Hooker Furnishings Trading Up 2.2%

NASDAQ HOFT opened at $10.92 on Thursday. Hooker Furnishings has a 1-year low of $7.34 and a 1-year high of $19.79. The company has a current ratio of 3.94, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average of $10.39 and a 200-day moving average of $10.37. The firm has a market cap of $116.88 million, a PE ratio of -10.02, a price-to-earnings-growth ratio of 5.87 and a beta of 1.32.

Hooker Furnishings (NASDAQ:HOFT) last released its earnings results on Thursday, June 12th. The company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.13). Hooker Furnishings had a negative net margin of 2.95% and a negative return on equity of 3.41%. The company had revenue of $85.32 million during the quarter, compared to the consensus estimate of $88.87 million.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HOFT. Ameriprise Financial Inc. bought a new position in Hooker Furnishings during the 2nd quarter valued at approximately $3,619,000. RBF Capital LLC bought a new position in Hooker Furnishings during the 2nd quarter valued at approximately $2,807,000. CSM Advisors LLC bought a new position in Hooker Furnishings during the 2nd quarter valued at approximately $1,169,000. First Eagle Investment Management LLC increased its position in Hooker Furnishings by 35.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 317,414 shares of the company’s stock valued at $3,358,000 after buying an additional 83,761 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY bought a new position in Hooker Furnishings during the 1st quarter valued at approximately $803,000. Institutional investors own 73.60% of the company’s stock.

About Hooker Furnishings

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.