Hooker Furniture Corp

Hooker Furniture Corp Stock Forecast & Price Prediction

Live Hooker Furniture Corp Stock (HOFT) Price
$17.76

1

Ratings

  • Buy 1
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$17.76

P/E Ratio

126.71

Volume Traded Today

$33,206

Dividend

$0.23

52 Week High/low

27.15/13.09

Hooker Furniture Corp Market Cap

$190.1M

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HOFT Summary

Based on ratings from 1 stock analysts, the Hooker Furniture Corp stock price is expected to increase by 12.61% in 12 months. This is calculated by using the average 12-month stock price forecast for Hooker Furniture Corp. The lowest target is $20 and the highest is $20. Please note analyst price targets are not guaranteed and could be missed completely.

HOFT Analyst Ratings

About 1 Wall Street analysts have assignedHOFT 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Hooker Furniture Corp to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HOFT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

HOFT stock forecast by analyst

These are the latest 20 analyst ratings of HOFT.

Analyst/Firm

Rating

Price Target

Change

Date

Anthony Lebiedzinski
Sidoti & Co.

Buy

$30

Maintains

Aug 31, 2020

Sidoti & Co.

Buy

$24

Maintains

Jun 10, 2020
Anthony Lebiedzinski
Sidoti & Co.

Buy

$21

Maintains

Apr 8, 2020

Sidoti & Co.

Buy

$34

Maintains

Mar 2, 2020

Sidoti & Co.

Neutral


Downgrade

Sep 18, 2018

BB&T Capital

Hold


Downgrade

Mar 23, 2016

BB&T Capital

Buy


Upgrade

Jan 7, 2016

Sidoti & Co.

Neutral


Downgrade

May 5, 2015

HOFT Company Information

  • Company Overview: Hooker Furnishings Corporation is a well-established company, incorporated in 1924, headquartered in Martinsville, Virginia.
  • Business Model: The company designs, manufactures, imports, and markets a diverse range of residential, hospitality, and contract furniture.
  • Segments: Operates in three main segments:
    • Hooker Branded: Offers home entertainment, office, accent, dining, and bedroom furniture, along with imported upholstered furniture.
    • Home Meridian: Provides home furnishings under various brands including Accentrics Home, Pulaski Furniture, and Samuel Lawrence Furniture; also supplies hotel furnishings.
    • Domestic Upholstery: Specializes in motion and stationary leather furniture, accent upholstery pieces, and outdoor furniture.
  • Target Markets: Products are sold through a variety of retailers including independent furniture stores, department stores, mass merchants, and e-commerce platforms, primarily in North America.
  • Additional Offerings: Supplies upholstered seating and casegoods to senior living facilities and offers lighting, accessories, and home dรฉcor through various brands.
HOFT
Hooker Furniture Corp (HOFT)

When did it IPO

N/A

Staff Count

1,203

Country

United States

Sector/Industry

Consumer Cyclical/Furnishings, Fixtures & Appliances

CEO

Mr. Jeremy R. Hoff

Market Cap

$190.1M

Hooker Furniture Corp (HOFT) Financial Data

In 2023, HOFT generated $583.1M in revenue, which was a decrease of -1.77% from the previous year. This can be seen as a signal that HOFT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$540.1M

0.00 %
From Previous Year

Revenue From 2022

$593.6M

9.91 %
From Previous Year

Revenue From 2023

$583.1M

-1.77 %
From Previous Year
  • Revenue TTM $402.3M
  • Operating Margin TTM -3.3%
  • Gross profit TTM $108.7M
  • Return on assets TTM 0.1%
  • Return on equity TTM 0.7%
  • Profit Margin 0.4%
  • Book Value Per Share 20.45%
  • Market capitalisation $190.1M
  • Revenue for 2021 $540.1M
  • Revenue for 2022 $593.6M
  • Revenue for 2023 $583.1M
  • EPS this year (TTM) $0.14

Hooker Furniture Corp (HOFT) Latest News

News Image

Wed, 13 Dec 2023

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Here is how Hooker Furniture (HOFT) and H&R Block (HRB) have performed compared to their sector so far this year.

News Image

Mon, 11 Dec 2023

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Dallas, Texas--(Newsfile Corp. - December 11, 2023) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT). To view the full announcement, including downloadable images, bios, and more, click here.

News Image

Thu, 07 Dec 2023

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Hooker Furnishings Corporation (NASDAQ:HOFT ) Q3 2024 Results Conference Call December 7, 2023 9:00 AM ET Company Participants Jeremy Hoff - CEO Paul Huckfeldt - CFO Conference Call Participants Anthony Lebiedzinski - Sidoti David Storms - Stonegate Budd Bugatch - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Hooker Furnishings Fiscal u201824 Third Quarter Earnings Conference Call.

News Image

Thu, 07 Dec 2023

Sentiment - POSITIVE

Source - InvestorPlace

Summary - Hooker Furnishings (NASDAQ: HOFT ) just reported results for the third quarter of 2024. Hooker Furnishings reported earnings per share of 65 cents.

News Image

Thu, 07 Dec 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MARTINSVILLE, Va., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT), a global leader in the design, production, and marketing of home furnishings for nearly a century, today reported operating results for its fiscal 2024 third quarter and nine-month period ended October 29, 2023.

News Image

Tue, 05 Dec 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - MARTINSVILLE, Va., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) announced that on December 5, 2023, its board of directors declared a quarterly cash dividend of $0.23 per share, payable on December 29, 2023 to shareholders of record at December 15, 2023. This represents a $0.01 per share or 4.5% increase over the previous quarterly dividend and the eighth consecutive annual dividend increase.

...

HOFT Frequently asked questions

The highest forecasted price for HOFT is $20 from at .

The lowest forecasted price for HOFT is $20 from from

The HOFT analyst ratings consensus are 1 buy ratings, 0 hold ratings, and 0 sell ratings.