Ethan Allen Interiors Inc. (NYSE:ETH) Chairman M Farooq Kathwari acquired 4,090 shares of the stock in a transaction dated Thursday, February 8th. The stock was bought at an average cost of $24.37 per share, with a total value of $99,673.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Ethan Allen Interiors Inc. (NYSE:ETH) traded up $0.25 during midday trading on Friday, hitting $25.25. The stock had a trading volume of 368,970 shares, compared to its average volume of 403,919. Ethan Allen Interiors Inc. has a 12-month low of $23.50 and a 12-month high of $33.12. The stock has a market capitalization of $693.77, a P/E ratio of 19.27, a price-to-earnings-growth ratio of 1.69 and a beta of 1.17.
Ethan Allen Interiors (NYSE:ETH) last released its quarterly earnings data on Wednesday, January 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.51 by $0.02. The company had revenue of $198.50 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 2.0% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. research analysts expect that Ethan Allen Interiors Inc. will post 1.6 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 25th. Shareholders of record on Wednesday, April 11th will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, April 10th. This represents a $0.76 annualized dividend and a yield of 3.01%. Ethan Allen Interiors’s payout ratio is currently 58.02%.
Several equities research analysts have recently weighed in on ETH shares. Zacks Investment Research upgraded Ethan Allen Interiors from a “sell” rating to a “hold” rating in a report on Tuesday, December 12th. Telsey Advisory Group reiterated a “market perform” rating and issued a $27.00 price target (down from $33.00) on shares of Ethan Allen Interiors in a report on Wednesday, January 17th. Stifel Nicolaus increased their price target on Ethan Allen Interiors from $27.00 to $30.00 and gave the stock a “hold” rating in a report on Thursday, October 26th. Finally, TheStreet downgraded Ethan Allen Interiors from a “b” rating to a “c+” rating in a report on Friday, October 27th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $30.80.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tiedemann Wealth Management LLC increased its holdings in Ethan Allen Interiors by 39.5% during the 3rd quarter. Tiedemann Wealth Management LLC now owns 28,231 shares of the company’s stock worth $244,000 after purchasing an additional 8,000 shares during the period. Teacher Retirement System of Texas purchased a new position in Ethan Allen Interiors during the 4th quarter worth $256,000. PEAK6 Investments L.P. purchased a new position in Ethan Allen Interiors during the 4th quarter worth $258,000. Dynamic Technology Lab Private Ltd purchased a new position in Ethan Allen Interiors during the 3rd quarter worth $259,000. Finally, Fox Run Management L.L.C. purchased a new position in Ethan Allen Interiors during the 4th quarter worth $311,000. Institutional investors own 94.18% of the company’s stock.
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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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