Haverty Furniture Companies (NYSE:HVT) Issues Quarterly Earnings Results

Haverty Furniture Companies (NYSE:HVT) issued its quarterly earnings results on Monday. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Trading Up 0.1 %

Shares of Haverty Furniture Companies stock traded up $0.03 during trading on Monday, hitting $21.17. 196,675 shares of the stock were exchanged, compared to its average volume of 104,693. The stock has a market capitalization of $347.28 million, a price-to-earnings ratio of 13.31, a price-to-earnings-growth ratio of 1.15 and a beta of 1.48. The company has a fifty day moving average price of $22.14 and a 200-day moving average price of $24.21. Haverty Furniture Companies has a 1-year low of $21.04 and a 1-year high of $34.98.

Haverty Furniture Companies Announces Dividend

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

Haverty Furniture Companies Company Profile

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.