Equities analysts predict that Ethan Allen Interiors Inc. (NYSE:ETH) will report $0.49 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Ethan Allen Interiors’ earnings. The lowest EPS estimate is $0.46 and the highest is $0.52. Ethan Allen Interiors posted earnings of $0.43 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 14%. The firm is expected to report its next earnings report on Wednesday, July 24th.

According to Zacks, analysts expect that Ethan Allen Interiors will report full-year earnings of $1.59 per share for the current year, with EPS estimates ranging from $1.56 to $1.62. For the next year, analysts forecast that the company will post earnings of $1.72 per share, with EPS estimates ranging from $1.66 to $1.76. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Ethan Allen Interiors.

Ethan Allen Interiors (NYSE:ETH) last posted its earnings results on Monday, April 29th. The company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.14. Ethan Allen Interiors had a net margin of 5.27% and a return on equity of 10.84%. The business had revenue of $177.80 million for the quarter, compared to analyst estimates of $181.02 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year.

Several research firms have recently weighed in on ETH. ValuEngine raised shares of Ethan Allen Interiors from a “sell” rating to a “hold” rating in a report on Tuesday, April 30th. Zacks Investment Research raised shares of Ethan Allen Interiors from a “hold” rating to a “strong-buy” rating and set a $25.00 target price on the stock in a report on Wednesday, May 1st. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $21.00 target price (up previously from $20.00) on shares of Ethan Allen Interiors in a report on Tuesday, April 30th. Raymond James lowered shares of Ethan Allen Interiors from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $22.75 to $18.45 in a report on Monday, February 4th. Finally, Dougherty & Co lowered shares of Ethan Allen Interiors from a “buy” rating to a “neutral” rating in a report on Tuesday, January 29th. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $21.48.

Shares of ETH traded down $0.11 during trading hours on Thursday, hitting $22.34. The stock had a trading volume of 184,580 shares, compared to its average volume of 291,843. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.47 and a current ratio of 1.77. Ethan Allen Interiors has a 52 week low of $16.90 and a 52 week high of $25.55. The firm has a market cap of $601.77 million, a price-to-earnings ratio of 16.57, a PEG ratio of 0.95 and a beta of 1.09.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 25th. Shareholders of record on Wednesday, July 10th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Tuesday, July 9th. Ethan Allen Interiors’s dividend payout ratio is currently 56.30%.

Large investors have recently modified their holdings of the business. Acadian Asset Management LLC acquired a new stake in shares of Ethan Allen Interiors in the 4th quarter valued at approximately $122,000. Kessler Investment Group LLC grew its stake in shares of Ethan Allen Interiors by 39.1% during the 1st quarter. Kessler Investment Group LLC now owns 7,688 shares of the company’s stock worth $147,000 after acquiring an additional 2,161 shares in the last quarter. Convergence Investment Partners LLC bought a new position in shares of Ethan Allen Interiors during the 1st quarter worth approximately $149,000. Metropolitan Life Insurance Co. NY grew its stake in shares of Ethan Allen Interiors by 375.4% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 8,571 shares of the company’s stock worth $151,000 after acquiring an additional 6,768 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund bought a new position in shares of Ethan Allen Interiors during the 4th quarter worth approximately $165,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

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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