Haverty Furniture Companies (NYSE:HVT) Posts Earnings Results, Beats Expectations By $0.30 EPS

Haverty Furniture Companies (NYSE:HVT) issued its quarterly earnings data on Monday. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.30, Zacks reports. Haverty Furniture Companies had a net margin of 3.57% and a return on equity of 8.69%.

Haverty Furniture Companies Stock Up 0.1 %

Shares of NYSE:HVT traded up $0.03 during midday trading on Monday, reaching $21.17. 196,675 shares of the company were exchanged, compared to its average volume of 104,693. Haverty Furniture Companies has a fifty-two week low of $21.04 and a fifty-two week high of $34.98. The stock has a fifty day simple moving average of $22.14 and a two-hundred day simple moving average of $24.21. The firm has a market cap of $347.28 million, a PE ratio of 13.31, a P/E/G ratio of 1.15 and a beta of 1.48.

Haverty Furniture Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 6th will be issued a dividend of $0.32 per share. The ex-dividend date is Thursday, March 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.05%. Haverty Furniture Companies’s payout ratio is 80.50%.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.