Ethan Allen Interiors Inc. Forecasted to Post Q2 2018 Earnings of $0.52 Per Share (ETH)

Ethan Allen Interiors Inc. (NYSE:ETH) – KeyCorp issued their Q2 2018 earnings per share (EPS) estimates for shares of Ethan Allen Interiors in a research note issued on Wednesday. KeyCorp analyst B. Thomas anticipates that the company will post earnings of $0.52 per share for the quarter. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Ethan Allen Interiors’ Q3 2018 earnings at $0.34 EPS, Q4 2018 earnings at $0.58 EPS and FY2019 earnings at $2.00 EPS.

Other equities research analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Wednesday, December 20th. Stifel Nicolaus reiterated a “hold” rating and set a $27.00 price objective on shares of Ethan Allen Interiors in a research note on Friday, October 13th. Telsey Advisory Group reiterated a “market perform” rating and set a $27.00 price objective (down previously from $33.00) on shares of Ethan Allen Interiors in a research note on Wednesday. Dougherty & Co upgraded Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective on the stock in a research note on Friday, October 13th. Finally, TheStreet cut Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Friday, October 27th. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $31.60.

Shares of Ethan Allen Interiors (NYSE:ETH) opened at $27.40 on Friday. Ethan Allen Interiors has a 12 month low of $25.40 and a 12 month high of $33.92. The stock has a market capitalization of $733.47, a P/E ratio of 23.83, a PEG ratio of 1.69 and a beta of 1.40.

Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $0.28 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.28. Ethan Allen Interiors had a return on equity of 9.11% and a net margin of 4.27%. The company had revenue of $181.30 million for the quarter, compared to analysts’ expectations of $181.30 million. During the same quarter in the prior year, the business posted $0.41 EPS. The business’s revenue was down 6.2% compared to the same quarter last year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Tuesday, January 9th. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 66.09%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp raised its stake in Ethan Allen Interiors by 3.5% in the 2nd quarter. State Street Corp now owns 623,524 shares of the company’s stock valued at $20,136,000 after acquiring an additional 21,202 shares during the period. Jane Street Group LLC raised its stake in Ethan Allen Interiors by 105.4% in the 3rd quarter. Jane Street Group LLC now owns 13,436 shares of the company’s stock valued at $435,000 after acquiring an additional 263,436 shares during the period. Rhumbline Advisers raised its stake in Ethan Allen Interiors by 28.5% in the 3rd quarter. Rhumbline Advisers now owns 70,926 shares of the company’s stock valued at $2,298,000 after acquiring an additional 15,730 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in Ethan Allen Interiors by 41.5% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 12,100 shares of the company’s stock valued at $392,000 after acquiring an additional 3,550 shares during the period. Finally, Vanguard Group Inc. raised its stake in Ethan Allen Interiors by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 2,420,157 shares of the company’s stock valued at $78,171,000 after acquiring an additional 33,274 shares during the period.

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About Ethan Allen Interiors

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.

Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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