Hooker Furnishings (NASDAQ:HOFT – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.06), Yahoo Finance reports. The business had revenue of $95.08 million during the quarter, compared to the consensus estimate of $93.54 million. Hooker Furnishings had a net margin of 1.07% and a return on equity of 1.92%. During the same period last year, the firm earned $0.07 EPS.
Hooker Furnishings Price Performance
Hooker Furnishings stock opened at $15.71 on Friday. The firm has a market capitalization of $167.81 million, a P/E ratio of 40.28, a PEG ratio of 12.57 and a beta of 1.20. Hooker Furnishings has a one year low of $13.09 and a one year high of $27.15. The business has a fifty day moving average price of $14.86 and a 200-day moving average price of $17.80.
Hooker Furnishings Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, September 13th. This represents a $0.92 annualized dividend and a dividend yield of 5.86%. Hooker Furnishings’s dividend payout ratio is currently 235.90%.
Insider Activity at Hooker Furnishings
Hooker Furnishings Company Profile
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.
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