Floor & Decor Sees Unusually High Options Volume (NYSE:FND)

Floor & Decor Holdings, Inc. (NYSE:FND) saw unusually large options trading activity on Friday. Investors bought 16,864 put options on the stock. This represents an increase of 1,341% compared to the average daily volume of 1,170 put options.

Floor & Decor News Summary

Here are the key news stories impacting Floor & Decor this week:

• Positive Sentiment: Floor & Decor reported third-quarter adjusted earnings of $0.61 per share, exceeding the $0.57 consensus estimate and rising from $0.53 a year earlier. Management highlighted 15% EPS growth and resilience in the business, including continued strength in pro sales. Third-Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Truist lowered its price target to $65 from $70 but maintained a “buy” rating, implying substantial upside from recent trading levels. Truist Price Target Update
• Neutral Sentiment: The company announced a board succession and refreshment plan: Thomas Taylor will become board chair on January 1, 2027, while Lauren Taylor Wolfe will join as an independent director. Board Leadership Transition
• Negative Sentiment: Revenue of approximately $1.21 billion was slightly below the $1.22 billion consensus estimate, while comparable-store sales declined 1.4%. The sales softness likely outweighed the EPS beat for investors. Floor & Decor Earnings Results
• Negative Sentiment: Analyst sentiment deteriorated after the report. UBS reduced its target to $54 from $60 while keeping a neutral rating, and Telsey Advisory Group downgraded the stock to “market perform” and cut its target to $50 from $68. Zacks Research also moved its rating from “hold” to “strong sell.” UBS Price Target Update
• Negative Sentiment: Options activity reflected heightened bearish positioning, with traders purchasing roughly 16,864 put contracts—about 1,341% above typical volume. Why Floor & Decor Moved

Floor & Decor Stock Down 4.9%

Shares of NYSE FND traded down $2.48 during mid-day trading on Friday, reaching $47.86. The company had a trading volume of 5,621,079 shares, compared to its average volume of 2,747,815. Floor & Decor has a twelve month low of $42.64 and a twelve month high of $77.46. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.45 and a current ratio of 1.33. The stock has a market capitalization of $5.10 billion, a PE ratio of 22.26, a price-to-earnings-growth ratio of 3.90 and a beta of 1.60. The stock’s 50 day moving average is $47.94 and its 200-day moving average is $55.03.

Floor & Decor (NYSE:FND) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.04. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.22 billion. Floor & Decor had a return on equity of 8.20% and a net margin of 4.93%. Floor & Decor’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the company earned $0.53 earnings per share. As a group, equities analysts anticipate that Floor & Decor will post 1.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FND has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Floor & Decor from $59.00 to $57.00 and set a “neutral” rating on the stock in a research report on Friday. Weiss Ratings lowered Floor & Decor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 9th. Piper Sandler raised their target price on Floor & Decor from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Evercore reaffirmed a “positive” rating on shares of Floor & Decor in a research report on Friday. Finally, UBS Group downgraded Floor & Decor from a “neutral” rating to a “market perform” rating and set a $54.00 price target on the stock. in a report on Friday. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $55.70.

Insider Activity

In other news, insider Thomas V. Taylor sold 218,189 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $62.30, for a total transaction of $13,593,174.70. Following the sale, the insider owned 229,820 shares in the company, valued at $14,317,786. The trade was a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Floor & Decor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Madison Asset Management LLC bought a new stake in Floor & Decor during the second quarter worth approximately $78,941,000. Turtle Creek Asset Management Inc. grew its holdings in Floor & Decor by 41.7% during the first quarter. Turtle Creek Asset Management Inc. now owns 2,757,643 shares of the company’s stock valued at $140,088,000 after purchasing an additional 811,910 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Floor & Decor by 33.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,606,871 shares of the company’s stock valued at $132,424,000 after purchasing an additional 659,355 shares during the period. Alua Capital Management LP bought a new position in shares of Floor & Decor in the first quarter valued at approximately $22,393,000. Finally, Principal Financial Group Inc. raised its position in shares of Floor & Decor by 6.5% in the first quarter. Principal Financial Group Inc. now owns 6,837,639 shares of the company’s stock valued at $347,354,000 after purchasing an additional 416,572 shares during the period.

Floor & Decor Company Profile

Floor & Decor Holdings, Inc is a specialty retailer focused on hard-surface flooring and related products. The company offers a broad selection of tile, natural stone, wood, laminate and vinyl flooring, along with installation materials, tools, accessories and home-decor items.

Floor & Decor serves homeowners, professional installers, designers, remodelers and commercial customers through warehouse-format stores, smaller design studios and its e-commerce platform. Its stores are designed to provide a wide product assortment for renovation and construction projects, while also offering services such as design support and product fulfillment.

Founded in 2000 and headquartered in Atlanta, Georgia, Floor & Decor operates primarily in the United States.