Headlines about Hooker Furniture Corporation (NASDAQ:HOFT) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hooker Furniture Corporation earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 43.0049103824082 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Separately, BidaskClub raised shares of Hooker Furniture Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th.

Hooker Furniture Corporation (NASDAQ HOFT) traded up 0.10% on Thursday, hitting $48.40. 25,393 shares of the stock were exchanged. Hooker Furniture Corporation has a 52 week low of $25.30 and a 52 week high of $50.53. The company has a market cap of $560.04 million, a PE ratio of 18.77 and a beta of 0.62. The company’s 50-day moving average is $44.59 and its 200-day moving average is $42.07.

Hooker Furniture Corporation (NASDAQ:HOFT) last announced its quarterly earnings data on Thursday, September 7th. The company reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.06. Hooker Furniture Corporation had a return on equity of 15.28% and a net margin of 4.94%. The firm had revenue of $156.31 million during the quarter, compared to analyst estimates of $148.56 million. During the same period last year, the company posted $0.46 EPS. The business’s quarterly revenue was up 14.8% compared to the same quarter last year. On average, analysts predict that Hooker Furniture Corporation will post $2.78 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.99%. Hooker Furniture Corporation’s payout ratio is presently 18.53%.

In other Hooker Furniture Corporation news, COO George Revington sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $45.71, for a total transaction of $457,100.00. Following the completion of the sale, the chief operating officer now directly owns 27,676 shares in the company, valued at approximately $1,265,069.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director E Larry Ryder sold 1,758 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $46.67, for a total value of $82,045.86. Following the sale, the director now owns 15,922 shares of the company’s stock, valued at $743,079.74. The disclosure for this sale can be found here. Insiders have sold a total of 56,607 shares of company stock valued at $2,506,409 over the last 90 days. Corporate insiders own 2.90% of the company’s stock.

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Hooker Furniture Corporation Company Profile

Hooker Furniture Corporation is a home furnishings marketing, design and logistics company offering sourcing of residential casegoods and upholstery, as well as domestically-produced leather and fabric-upholstered furniture. The Company operates through three segments: casegoods furniture, upholstered furniture and all other.

Insider Buying and Selling by Quarter for Hooker Furniture Corporation (NASDAQ:HOFT)

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