Ethan Allen Interiors Inc. (NYSE:ETH) – Stock analysts at KeyCorp lifted their FY2018 EPS estimates for Ethan Allen Interiors in a note issued to investors on Wednesday, Zacks Investment Research reports. KeyCorp analyst B. Thomas now forecasts that the company will earn $1.71 per share for the year, up from their prior estimate of $1.57. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Ethan Allen Interiors’ FY2019 earnings at $2.11 EPS.
Ethan Allen Interiors (NYSE:ETH) last released its quarterly earnings results on Wednesday, January 24th. The company reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.02. The business had revenue of $198.50 million during the quarter, compared to analyst estimates of $198.50 million. Ethan Allen Interiors had a return on equity of 10.06% and a net margin of 4.80%. Ethan Allen Interiors’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the company posted $0.39 EPS.
Several other equities research analysts also recently issued reports on ETH. Dougherty & Co raised Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Friday, October 13th. Stifel Nicolaus reissued a “hold” rating and issued a $27.00 price objective on shares of Ethan Allen Interiors in a research note on Friday, October 13th. TheStreet downgraded Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Friday, October 27th. Zacks Investment Research raised Ethan Allen Interiors from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $27.00 price objective (down from $33.00) on shares of Ethan Allen Interiors in a research note on Wednesday, January 17th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Ethan Allen Interiors currently has a consensus rating of “Hold” and an average target price of $30.80.
Shares of Ethan Allen Interiors (NYSE:ETH) opened at $24.90 on Monday. The stock has a market capitalization of $682.78 and a PE ratio of 19.01. Ethan Allen Interiors has a one year low of $24.45 and a one year high of $33.13.
Several institutional investors and hedge funds have recently bought and sold shares of ETH. Jane Street Group LLC raised its stake in shares of Ethan Allen Interiors by 105.4% during the 3rd quarter. Jane Street Group LLC now owns 13,436 shares of the company’s stock worth $435,000 after purchasing an additional 263,436 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Ethan Allen Interiors by 14.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock worth $60,786,000 after purchasing an additional 238,300 shares in the last quarter. Northern Trust Corp raised its stake in shares of Ethan Allen Interiors by 24.3% during the 2nd quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock worth $32,171,000 after purchasing an additional 194,421 shares in the last quarter. Uniplan Investment Counsel Inc. purchased a new stake in shares of Ethan Allen Interiors during the 2nd quarter worth about $5,088,000. Finally, JPMorgan Chase & Co. raised its stake in shares of Ethan Allen Interiors by 447.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 183,258 shares of the company’s stock worth $5,947,000 after purchasing an additional 149,808 shares in the last quarter. 99.41% of the stock is owned by institutional investors.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 25th. Stockholders of record on Wednesday, April 11th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Tuesday, April 10th. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 58.02%.
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Ethan Allen Interiors Company Profile
Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.
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