News stories about Ethan Allen Interiors (NYSE:ETH) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ethan Allen Interiors earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.83124465617 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Ethan Allen Interiors (ETH) opened at $24.90 on Wednesday. The stock has a market cap of $693.77, a P/E ratio of 19.01, a P/E/G ratio of 1.69 and a beta of 1.17. Ethan Allen Interiors has a 12-month low of $23.50 and a 12-month high of $33.13.
Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Wednesday, January 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.02. The company had revenue of $198.50 million during the quarter, compared to analyst estimates of $198.50 million. Ethan Allen Interiors had a net margin of 4.80% and a return on equity of 10.06%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 earnings per share. equities analysts forecast that Ethan Allen Interiors will post 1.6 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Wednesday, April 11th will be given 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 3.05%. Ethan Allen Interiors’s dividend payout ratio (DPR) is 58.02%.
ETH has been the subject of several research reports. Stifel Nicolaus boosted their price objective on shares of Ethan Allen Interiors from $27.00 to $30.00 and gave the company a “hold” rating in a report on Thursday, October 26th. TheStreet cut shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a report on Friday, October 27th. Zacks Investment Research raised shares of Ethan Allen Interiors from a “sell” rating to a “hold” rating in a report on Tuesday, December 12th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $27.00 price objective (down from $33.00) on shares of Ethan Allen Interiors in a report on Wednesday, January 17th. Five research analysts have rated the stock with a hold rating, one has assigned 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.
In other news, Chairman M Farooq Kathwari purchased 4,090 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was acquired at an average cost of $24.37 per share, for a total transaction of $99,673.30. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Corey Whitely purchased 1,700 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was purchased at an average price of $24.65 per share, with a total value of $41,905.00. Following the completion of the transaction, the chief financial officer now owns 12,574 shares of the company’s stock, valued at $309,949.10. The disclosure for this purchase can be found here. Insiders own 10.50% 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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