Telsey Advisory Group Reaffirms “Market Perform” Rating for Ethan Allen Interiors (NYSE:ETD)

Telsey Advisory Group restated their market perform rating on shares of Ethan Allen Interiors (NYSE:ETD) in a report issued on Thursday, Benzinga reports. They currently have a $30.00 target price on the stock. Telsey Advisory Group also issued estimates for Ethan Allen Interiors’ Q1 2025 earnings at $0.59 EPS, Q2 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.70 EPS and FY2026 earnings at $2.70 EPS.

Ethan Allen Interiors Stock Performance

Ethan Allen Interiors stock opened at $28.80 on Thursday. The firm has a market cap of $731.81 million, a price-to-earnings ratio of 10.47 and a beta of 1.22. Ethan Allen Interiors has a 1 year low of $24.76 and a 1 year high of $36.19. The firm’s 50 day moving average price is $32.49 and its two-hundred day moving average price is $30.32.

Ethan Allen Interiors (NYSE:ETD) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.18). Ethan Allen Interiors had a return on equity of 14.93% and a net margin of 10.63%. The firm had revenue of $146.42 million during the quarter, compared to analyst estimates of $168.15 million. During the same period in the prior year, the business posted $0.86 EPS. The company’s revenue for the quarter was down 21.4% on a year-over-year basis. As a group, equities analysts predict that Ethan Allen Interiors will post 2.32 EPS for the current fiscal year.

Ethan Allen Interiors Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Tuesday, May 7th will be paid a dividend of $0.39 per share. The ex-dividend date is Monday, May 6th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.42%. This is a positive change from Ethan Allen Interiors’s previous quarterly dividend of $0.36. Ethan Allen Interiors’s dividend payout ratio (DPR) is 52.36%.

Hedge Funds Weigh In On Ethan Allen Interiors

Large investors have recently added to or reduced their stakes in the company. AJOVista LLC acquired a new position in Ethan Allen Interiors in the 4th quarter valued at approximately $41,000. PNC Financial Services Group Inc. raised its holdings in Ethan Allen Interiors by 171.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,563 shares of the company’s stock valued at $136,000 after acquiring an additional 2,884 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new position in Ethan Allen Interiors in the 3rd quarter valued at approximately $203,000. Arizona State Retirement System acquired a new position in Ethan Allen Interiors in the 4th quarter valued at approximately $204,000. Finally, Evergreen Capital Management LLC acquired a new position in shares of Ethan Allen Interiors in the 3rd quarter worth approximately $213,000. Institutional investors and hedge funds own 83.80% of the company’s stock.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in 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 comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent 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.