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

Ethan Allen Interiors (NYSE:ETD) will likely be posting its quarterly earnings results after the market closes on Wednesday, January 29th. Analysts expect Ethan Allen Interiors to post earnings of $0.60 per share and revenue of $160,600.00 billion for the quarter. Parties that are interested in participating in the company’s earnings conference call can do so using this link.

Ethan Allen Interiors Stock Up 0.3 %

NYSE:ETD opened at $28.87 on Tuesday. The stock’s fifty day simple moving average is $29.12 and its 200-day simple moving average is $29.86. The firm has a market capitalization of $734.16 million, a P/E ratio of 11.69 and a beta of 1.31. Ethan Allen Interiors has a 12-month low of $26.53 and a 12-month high of $35.62.

Ethan Allen Interiors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were paid a $0.39 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.40%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 63.16%.

Insider Activity at Ethan Allen Interiors

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

Wall Street Analysts Forecast Growth

ETD has been the subject of a number of recent analyst reports. Telsey Advisory Group restated a “market perform” rating and issued a $32.00 price objective on shares of Ethan Allen Interiors in a research report on Friday. Argus reiterated 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.