Posted by admin on Jun 23rd, 2022
Pacer Advisors Inc. acquired a new stake in Ethan Allen Interiors Inc. (NYSE:ETD – Get Rating) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 159,399 shares of the company’s stock, valued at approximately $4,156,000.
Separately, First Citizens Bank & Trust Co. bought a new position in shares of Ethan Allen Interiors in the 4th quarter valued at about $215,000. Institutional investors and hedge funds own 85.11% of the company’s stock.
Separately, StockNews.com raised shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating in a research report on Tuesday, May 17th.
Shares of ETD stock opened at $20.65 on Thursday. The company has a market capitalization of $522.90 million, a price-to-earnings ratio of 5.87 and a beta of 1.10. The company has a 50-day simple moving average of $23.62 and a 200 day simple moving average of $24.93. Ethan Allen Interiors Inc. has a 52 week low of $19.89 and a 52 week high of $28.09.
Ethan Allen Interiors (NYSE:ETD – Get Rating) last announced its earnings results on Thursday, April 28th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.76 by $0.17. The business had revenue of $197.66 million during the quarter, compared to the consensus estimate of $197.10 million. Ethan Allen Interiors had a net margin of 11.73% and a return on equity of 24.15%. Ethan Allen Interiors’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.58 EPS. As a group, equities research analysts anticipate that Ethan Allen Interiors Inc. will post 3.49 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 25th. Investors of record on Tuesday, May 10th were issued a dividend of $0.32 per share. This is an increase from Ethan Allen Interiors’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, May 9th. This represents a $1.28 annualized dividend and a dividend yield of 6.20%. Ethan Allen Interiors’s payout ratio is presently 36.36%.
Ethan Allen Interiors Profile (Get Rating)
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 items comprising 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.
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