Arhaus, Inc. (ARHS) to Issue Special Dividend of $0.35 on March 31st

Arhaus, Inc. (NASDAQ:ARHS) declared a special dividend on Tuesday, February 17th. Stockholders of record on Wednesday, March 18th will be given a dividend of 0.35 per share on Tuesday, March 31st. The ex-dividend date of this dividend is Wednesday, March 18th.

Arhaus Stock Up 0.6%

Shares of NASDAQ:ARHS opened at $7.10 on Monday. The stock has a 50-day simple moving average of $9.60 and a 200-day simple moving average of $10.26. The stock has a market capitalization of $1.00 billion, a P/E ratio of 14.79, a PEG ratio of 1.47 and a beta of 2.54. Arhaus has a 1 year low of $6.61 and a 1 year high of $12.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.62 and a current ratio of 1.37.

Arhaus (NASDAQ:ARHS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. The firm had revenue of $364.85 million for the quarter, compared to analyst estimates of $351.53 million. During the same quarter last year, the firm posted $0.15 earnings per share. Arhaus’s revenue for the quarter was up 5.1% compared to the same quarter last year. Equities analysts forecast that Arhaus will post 0.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ARHS. TD Cowen cut their target price on shares of Arhaus from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Jefferies Financial Group reaffirmed a “hold” rating and set a $9.50 price target on shares of Arhaus in a research report on Thursday, February 26th. Morgan Stanley increased their price target on Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Stifel Nicolaus set a $12.00 price objective on Arhaus in a research report on Monday, March 2nd. Finally, Telsey Advisory Group boosted their price objective on Arhaus from $12.00 to $13.00 and gave the stock a “market perform” rating in a research note on Thursday, February 26th. Three analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.00.

Arhaus Company Profile

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.