Haverty Furniture Companies (HVT) to Release Quarterly Earnings on Tuesday

Haverty Furniture Companies (NYSE:HVT) will be releasing its earnings data after the market closes on Tuesday, February 20th. Analysts expect Haverty Furniture Companies to post earnings of $0.30 per share for the quarter.

Haverty Furniture Companies (NYSE HVT) opened at $21.60 on Friday. The firm has a market capitalization of $460.45, a PE ratio of 15.88 and a beta of 1.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.17 and a quick ratio of 1.16. Haverty Furniture Companies has a one year low of $20.71 and a one year high of $27.23.

Separately, Zacks Investment Research raised Haverty Furniture Companies from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Friday, January 12th.

In other news, major shareholder Pine Hill Associates, Llc sold 7,921 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $23.79, for a total value of $188,440.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Rawson Haverty, Jr. sold 23,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $23.30, for a total value of $535,900.00. Following the completion of the transaction, the insider now directly owns 82,331 shares of the company’s stock, valued at approximately $1,918,312.30. The disclosure for this sale can be found here. Corporate insiders own 10.31% of the company’s stock.

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About Haverty Furniture Companies

Haverty Furniture Companies, Inc is a retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website, havertys.com. As of December 31, 2016, the Company had 124 stores in 16 states in the Southern and Midwest regions. As of December 31, 2016, the Company’s retail store space totaled approximately 4.5 million square feet for 124 stores.

Earnings History for Haverty Furniture Companies (NYSE:HVT)

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