Headlines about Ethan Allen Interiors (NYSE:ETH) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ethan Allen Interiors earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.4105102877602 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern’s scoring:
- Ethan Allen Interiors Inc. (ETH) Expected to Announce Quarterly Sales of $189.02 Million (americanbankingnews.com)
- Cryptocurrency exchanges add new tech to speed up bitcoin transactions by 20% (finance.yahoo.com)
- Bitcoin exchanges add tech to make transactions 20% cheaper (finance.yahoo.com)
- Ethan Allen Interiors Inc. (ETH) Expected to Announce Earnings of $0.27 Per Share (americanbankingnews.com)
- Ethan Allen Interiors Inc. (ETH) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
Several brokerages recently issued reports on ETH. Zacks Investment Research raised shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Friday, January 19th. 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. Finally, Stifel Nicolaus cut their price objective on shares of Ethan Allen Interiors from $30.00 to $27.00 and set a “hold” rating on the stock in a report on Thursday, January 25th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.80.
Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Wednesday, January 24th. The company reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.02. The company had revenue of $198.50 million during the quarter, compared to the consensus estimate of $198.50 million. Ethan Allen Interiors had a net margin of 4.80% and a return on equity of 10.06%. Ethan Allen Interiors’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.39 earnings per share. research analysts forecast that Ethan Allen Interiors will post 1.6 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 25th. Shareholders of record on Wednesday, April 11th will be paid a $0.19 dividend. 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%.
In related news, CFO Corey Whitely acquired 1,700 shares of the stock in a transaction dated Thursday, February 8th. The stock was acquired at an average cost of $24.65 per share, for a total transaction of $41,905.00. Following the completion of the purchase, the chief financial officer now owns 12,574 shares of the company’s stock, valued at approximately $309,949.10. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman M Farooq Kathwari acquired 4,090 shares of the stock in a transaction dated Thursday, February 8th. The shares were bought at an average price of $24.37 per share, with a total value of $99,673.30. The disclosure for this purchase can be found here. 10.50% of the stock is owned by company insiders.
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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.
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