Analysts Offer Predictions for Ethan Allen Interiors Inc.’s Q2 2018 Earnings (ETH)

Ethan Allen Interiors Inc. (NYSE:ETH) – Stock analysts at KeyCorp issued their Q2 2018 earnings estimates for shares of Ethan Allen Interiors in a note issued to investors on Wednesday. KeyCorp analyst B. Thomas anticipates that the company will post earnings of $0.52 per share for the quarter. KeyCorp currently has a “Hold” rating on the stock. KeyCorp also issued estimates for Ethan Allen Interiors’ Q3 2018 earnings at $0.34 EPS, Q4 2018 earnings at $0.58 EPS and FY2019 earnings at $2.00 EPS.

Other equities analysts have also issued research reports about the company. Zacks Investment Research upgraded Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a research note on Wednesday, December 20th. Stifel Nicolaus restated a “hold” rating and issued a $27.00 price target on shares of Ethan Allen Interiors in a research note on Friday, October 13th. Telsey Advisory Group restated a “market perform” rating and issued a $27.00 price target (down previously from $33.00) on shares of Ethan Allen Interiors in a research note on Wednesday. Dougherty & Co upgraded Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price target for the company in a research note on Friday, October 13th. Finally, TheStreet lowered Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Friday, October 27th. Five research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $32.20.

Shares of Ethan Allen Interiors (NYSE ETH) traded up $0.60 during trading on Friday, hitting $26.70. The company had a trading volume of 473,400 shares, compared to its average volume of 369,742. Ethan Allen Interiors has a 1 year low of $25.40 and a 1 year high of $33.92. The stock has a market cap of $716.99, a price-to-earnings ratio of 23.22, a PEG ratio of 1.66 and a beta of 1.40.

Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $0.28 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.28. Ethan Allen Interiors had a return on equity of 9.11% and a net margin of 4.27%. The firm had revenue of $181.30 million during the quarter, compared to analyst estimates of $181.30 million. During the same quarter in the previous year, the business earned $0.41 EPS. Ethan Allen Interiors’s revenue for the quarter was down 6.2% compared to the same quarter last year.

A number of hedge funds have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company boosted its holdings in Ethan Allen Interiors by 1.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,407 shares of the company’s stock worth $627,000 after buying an additional 225 shares during the last quarter. Thrivent Financial For Lutherans boosted its holdings in Ethan Allen Interiors by 5.9% in the 2nd quarter. Thrivent Financial For Lutherans now owns 15,340 shares of the company’s stock worth $495,000 after buying an additional 860 shares during the last quarter. TIAA CREF Investment Management LLC boosted its holdings in Ethan Allen Interiors by 1.5% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 87,672 shares of the company’s stock worth $2,832,000 after buying an additional 1,264 shares during the last quarter. Voya Investment Management LLC boosted its holdings in Ethan Allen Interiors by 8.4% in the 2nd quarter. Voya Investment Management LLC now owns 20,074 shares of the company’s stock worth $648,000 after buying an additional 1,550 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Ethan Allen Interiors by 0.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 327,865 shares of the company’s stock worth $10,592,000 after buying an additional 1,663 shares during the last quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Tuesday, January 9th. Ethan Allen Interiors’s payout ratio is 66.09%.

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Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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