Pacer Advisors Inc. acquires a new stake in Ethan Allen Interiors Inc. (NYSE: ETD – Get Rating) in the first quarter, according to the company in its latest filing on Form 13F with the SEC. The company has acquired 159,399 shares of the company’s stock, valued at approximately $4,156,000.
Separately, First Citizens Bank & Trust Co. New position in stock of Ethan Allen Interiors in the fourth quarter valued at approximately $215,000. Institutional investors and hedge funds own 85.11% of the company’s shares.
Separately, StockNews.com upgraded shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating in a research report on Tuesday, May 17th.
ETD shares opened at $20.65 on Thursday. The company has a market capitalization of $522.90 million, a price-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. The 52-week low is at $19.89 and the 52-week high is at $28.09.
Ethan Allen Interiors (NYSE: ETD – Get Rating) announced its earnings results on Thursday, April 28. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.17. The company generated revenue of $197.66 million for the quarter, compared to a consensus estimate of $197.10 million. Ethan Allen Interiors generated a net profit margin of 11.73% and a return on equity of 24.15%. Ethan Allen Interiors’ revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the company reported $0.58 per share. As a group, equity research analysts expect Ethan Allen Interiors Inc. Recording 3.49 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 25th. A record dividend was issued to investors on Tuesday, May 10 of $0.32 per share. This is an increase over Ethan Allen Interiors’ prior quarterly earnings of $0.29. The date of exclusion from these earnings was Monday, May 9th. This represents a $1.28 annual dividend and a dividend yield of 6.20%. Ethan Allen Interiors’ payout is currently 36.36%.
Ethan Allen Inner Profile (Get Rating)
Ethan Allen Interiors Inc operates as an interior design firm, manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two divisions, wholesale and retail. Its products include case merchandise, such as beds, wardrobes, dressers, tables, chairs, buffets, entertainment units, home office furniture, and wood accents; upholstery items comprising sleeper sofas, armchairs, and other movable furniture, armchairs, ottomans, custom cushions, couches, stools, cut fabrics, and leather; and home touch items consisting of window treatments, blinds, wall decor, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furniture.
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