Haverty Furniture Companies (NYSE:HVT) Issues Quarterly Earnings Results, Beats Estimates By $0.30 EPS

Haverty Furniture Companies (NYSE:HVT) posted its earnings results on Monday. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.17 by $0.30, Zacks reports. Haverty Furniture Companies had a return on equity of 8.69% and a net margin of 3.57%.

Haverty Furniture Companies Stock Up 0.1 %

Shares of HVT stock opened at $21.17 on Tuesday. The business has a 50-day moving average price of $22.11 and a two-hundred day moving average price of $24.16. Haverty Furniture Companies has a 12-month low of $21.04 and a 12-month high of $34.98. The firm has a market cap of $347.28 million, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 1.15 and a beta of 1.48.

Haverty Furniture Companies Dividend Announcement

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

About Haverty Furniture Companies

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.