Headlines about Hooker Furniture (NASDAQ:HOFT) have been trending somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hooker Furniture earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the company an impact score of 48.048616230232 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have impacted Accern’s analysis:

Separately, BidaskClub cut Hooker Furniture from a “buy” rating to a “hold” rating in a research report on Friday, August 18th.

Hooker Furniture (NASDAQ HOFT) traded down $5.10 during trading on Friday, reaching $46.70. The company had a trading volume of 205,500 shares, compared to its average volume of 64,168. Hooker Furniture has a twelve month low of $29.75 and a twelve month high of $52.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 4.08. The stock has a market capitalization of $600.17, a PE ratio of 19.70 and a beta of 0.64.

Hooker Furniture (NASDAQ:HOFT) last posted its earnings results on Thursday, December 7th. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.65 by ($0.04). Hooker Furniture had a return on equity of 15.28% and a net margin of 4.94%. The business had revenue of $157.90 million for the quarter, compared to analysts’ expectations of $160.02 million. During the same quarter in the previous year, the firm earned $0.56 earnings per share. Hooker Furniture’s quarterly revenue was up 8.7% compared to the same quarter last year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Monday, December 18th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.20%. This is a boost from Hooker Furniture’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, December 15th. Hooker Furniture’s payout ratio is presently 18.53%.

In other Hooker Furniture news, insider Michael W. Delgatti sold 10,000 shares of Hooker Furniture stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $43.03, for a total transaction of $430,300.00. Following the completion of the sale, the insider now owns 28,425 shares of the company’s stock, valued at $1,223,127.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director E Larry Ryder sold 1,758 shares of Hooker Furniture 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 directly owns 15,922 shares of the company’s stock, valued at approximately $743,079.74. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 56,607 shares of company stock valued at $2,506,409. 2.90% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Hooker Furniture (HOFT) Stock Price” was posted by Daily Political and is the property of of Daily Political. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2017/12/08/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-hooker-furniture-hoft-stock-price.html.

Hooker Furniture 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 (NASDAQ:HOFT)

Receive News & Ratings for Hooker Furniture Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hooker Furniture Corporation and related companies with MarketBeat.com's FREE daily email newsletter.