Ethan Allen Interiors (ETD) Projected to Post Quarterly Earnings on Wednesday

Ethan Allen Interiors (NYSE:ETD) is projected to announce its earnings results after the market closes on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $160,600.00 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Ethan Allen Interiors Trading Up 0.1 %

Shares of ETD opened at $28.79 on Monday. The business’s 50-day moving average price is $29.12 and its 200 day moving average price is $29.84. The stock has a market capitalization of $732.00 million, a P/E ratio of 11.65 and a beta of 1.31. Ethan Allen Interiors has a 1-year low of $26.53 and a 1-year high of $35.62.

Ethan Allen Interiors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend was Tuesday, November 12th. Ethan Allen Interiors’s dividend payout ratio (DPR) is currently 63.16%.

Insiders Place Their Bets

In other Ethan Allen Interiors news, CEO M Farooq Kathwari sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $28.67, for a total value of $286,700.00. Following the transaction, the chief executive officer now owns 1,651,905 shares in the company, valued at approximately $47,360,116.35. This represents a 0.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 10.48% of the company’s stock.

Analyst Upgrades and Downgrades

ETD has been the subject of several research analyst reports. Telsey Advisory Group restated a “market perform” rating and issued a $32.00 price target on shares of Ethan Allen Interiors in a research report on Friday. Argus restated a “hold” rating on shares of Ethan Allen Interiors in a report on Monday, January 13th.

About Ethan Allen Interiors

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.