Wall Street brokerages expect Ethan Allen Interiors Inc. (NYSE:ETH) to announce $201.92 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Ethan Allen Interiors’ earnings. The highest sales estimate is $204.97 million and the lowest is $198.80 million. Ethan Allen Interiors reported sales of $194.93 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 3.6%. The company is expected to issue its next quarterly earnings results on Wednesday, July 25th.

According to Zacks, analysts expect that Ethan Allen Interiors will report full year sales of $763.59 million for the current fiscal year, with estimates ranging from $760.00 million to $766.17 million. For the next fiscal year, analysts expect that the business will post sales of $785.18 million per share, with estimates ranging from $775.20 million to $791.20 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Ethan Allen Interiors.

Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings results on Thursday, April 26th. The company reported $0.11 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.11. Ethan Allen Interiors had a return on equity of 9.23% and a net margin of 4.84%. The firm had revenue of $181.40 million during the quarter, compared to the consensus estimate of $181.40 million. During the same period last year, the business posted $0.23 EPS. The business’s revenue was up .7% compared to the same quarter last year.

ETH has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded Ethan Allen Interiors from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 20th. Stifel Nicolaus reiterated a “hold” rating and set a $23.00 price target on shares of Ethan Allen Interiors in a report on Tuesday, April 10th. Finally, ValuEngine downgraded Ethan Allen Interiors from a “hold” rating to a “sell” rating in a report on Thursday, April 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $28.50.

Ethan Allen Interiors traded up $0.70, reaching $24.80, during trading hours on Friday, MarketBeat.com reports. 423,600 shares of the company’s stock were exchanged, compared to its average volume of 290,057. Ethan Allen Interiors has a twelve month low of $21.50 and a twelve month high of $33.13. The company has a market cap of $664.81 million, a P/E ratio of 17.10, a PEG ratio of 1.52 and a beta of 1.10.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 25th. Stockholders of record on Tuesday, July 10th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Monday, July 9th. This represents a $0.76 annualized dividend and a dividend yield of 3.06%. Ethan Allen Interiors’s dividend payout ratio is presently 52.41%.

Several institutional investors and hedge funds have recently modified their holdings of ETH. Millennium Management LLC grew its stake in shares of Ethan Allen Interiors by 60.8% in the 4th quarter. Millennium Management LLC now owns 952,123 shares of the company’s stock valued at $27,231,000 after buying an additional 360,049 shares during the period. Renaissance Technologies LLC grew its stake in shares of Ethan Allen Interiors by 427.3% in the 4th quarter. Renaissance Technologies LLC now owns 434,000 shares of the company’s stock valued at $12,412,000 after buying an additional 351,700 shares during the period. Deutsche Bank AG grew its stake in shares of Ethan Allen Interiors by 219.3% in the 4th quarter. Deutsche Bank AG now owns 408,776 shares of the company’s stock valued at $11,690,000 after buying an additional 280,755 shares during the period. BlackRock Inc. grew its stake in shares of Ethan Allen Interiors by 7.3% in the 4th quarter. BlackRock Inc. now owns 3,696,274 shares of the company’s stock valued at $105,713,000 after buying an additional 252,480 shares during the period. Finally, Two Sigma Investments LP grew its stake in shares of Ethan Allen Interiors by 381.4% in the 4th quarter. Two Sigma Investments LP now owns 208,503 shares of the company’s stock valued at $5,963,000 after buying an additional 165,187 shares during the period. Institutional investors own 95.93% of the company’s stock.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Europe, Asia, and the Middle East. The company operates through 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, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items, including 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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Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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