12 Month Price Forecast For HVT.A
Distance to HVT.A Price Forecasts
HVT.A Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.
Data last updated: February 8, 2025 3:43 AM UTC
HVT.A Analyst Ratings & Price Targets
Currently, there are no Wall Street analyst price targets or forecasts available for HVT.A (Haverty).
HVT.A is currently trading at $20.78. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
HVT.A Analyst Consensus
HVT.A Price Target Range
Latest HVT.A Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for HVT.A.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 2, 2024 | Benchmark | Michael Legg | Buy | Reiterates | $45.00 |
Aug 2, 2023 | Benchmark | Michael Legg | Buy | Reiterates | $41.00 |
Jul 11, 2023 | Benchmark | Michael Legg | Buy | Initiates | $41.00 |
Oct 29, 2020 | Sidoti & Co. | Buy | Maintains | $36.00 | |
May 21, 2020 | Sidoti & Co. | Neutral | Maintains | $0.00 | |
May 18, 2020 | Sidoti & Co. | Neutral | Maintains | $0.00 | |
Oct 10, 2016 | Raymond James | Market Perform | Downgrade | $0.00 | |
Aug 2, 2016 | Raymond James | Strong Buy | Upgrade | $0.00 | |
Jan 27, 2016 | Keybanc | Sector Weight | Downgrade | $0.00 | |
Jan 27, 2016 | KeyBanc | Sector Weight | Downgrade | $0.00 | |
Jul 14, 2015 | Raymond James | Outperform | Upgrade | $0.00 | |
Nov 3, 2014 | Barrington Research | Outperform | Maintains | $0.00 | |
Oct 30, 2014 | Raymond James | Market Perform | Downgrade | $0.00 | |
Jun 2, 2014 | Barrington Research | Outperform | Initiates | $0.00 | |
Jul 8, 2013 | KeyBanc | Buy | Initiates | $0.00 | |
Jul 8, 2013 | Keybanc | Buy | Initiates | $0.00 | |
Dec 12, 2012 | Sidoti & Co. | Neutral | Downgrade | $0.00 |
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The following stocks are similar to Haverty based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Haverty Furniture Cos Inc (HVT.A) Financial Data
Haverty Furniture Cos Inc has a market capitalization of $363.08M with a P/E ratio of 14.6x. The company generates $749.29M in trailing twelve-month revenue with a 3.6% profit margin.
Revenue growth is -20.2% quarter-over-quarter, while maintaining an operating margin of +2.8% and return on equity of +8.6%.
Valuation Metrics
Growth & Margins
Financial Health
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Haverty Furniture Cos Inc (HVT.A) Company Overview
About Haverty Furniture Cos Inc
Specialty retailer of residential furniture and accessories.
The company generates revenue by selling a wide range of furniture and home accessories through its retail stores and online platform. It offers products under its own brand, as well as well-known mattress brands, which enhances its market presence and customer appeal.
Founded in 1885 and headquartered in Atlanta, Georgia, the company has a long-standing history in the furniture industry. Its diverse product offerings and established brand reputation position it well in a competitive market.
Company Information
Sector
Consumer Cyclical
Industry
Home Improvement Retail
Employees
2,574
CEO
Mr. Steven G. Burdette
Country
United States
IPO Year
1986
Website
www.havertys.comHaverty Furniture Cos Inc (HVT.A) Latest News & Analysis
HAVERTYS (NYSE:HVT, HVTA) reported Q2 2024 diluted EPS of $0.27, down from $0.70 in Q2 2023.
A significant drop in EPS from $0.70 to $0.27 indicates declining profitability for Havertys, which may lead to reduced investor confidence and potential stock price declines.
HAVERTYS (NYSE:HVT, HVT.A) will report Q2 2024 financial results on July 31, 2024, after market close, followed by a conference call on August 1 at 10:00 a.m.
HAVERTYS' upcoming financial results and conference call could significantly impact stock performance, providing insights into the company's growth, profitability, and market outlook.
Revenues are declining due to high interest rates affecting the housing market. Despite inflation and lower volumes impacting profit margins, the company has a strong, debt-free balance sheet.
Falling revenues and pressure on profit margins indicate potential challenges ahead, but a strong balance sheet and no debt suggest resilience, affecting long-term investment outlook.
HAVERTYS (NYSE:HVT) announced a 6.7% increase in its quarterly dividend, marking the 12th consecutive annual increase, raising it from $0.30 to $0.32 per share for Q1 2024.
Havertys' 6.7% dividend increase signals strong financial health and consistent performance, enhancing its attractiveness to income-focused investors and potentially boosting stock demand.
Havertys launched the "FURnishing Happiness" initiative to aid local shelter dogs in Atlanta, partnering with Furkids, Georgia's largest no-kill animal shelter.
Havertys' "FURnishing Happiness" initiative enhances brand image and community engagement, potentially driving customer loyalty and sales, which can positively impact stock performance.
Haverty Furniture's revenue and profits are down amid industry challenges, but its strong balance sheet and low trading multiples present it as a potential investment opportunity.
Haverty Furniture's low multiples and strong balance sheet amidst industry-wide challenges suggest potential for recovery, making it an attractive investment despite current revenue and profit declines.
Frequently Asked Questions About HVT.A Stock
What is Haverty Furniture Cos Inc's (HVT.A) stock forecast for 2025?
Analyst forecasts for Haverty Furniture Cos Inc (HVT.A) are not currently available. The stock is trading at $20.78.
Is HVT.A stock a good investment in 2025?
Analyst ratings for HVT.A are not currently available. The stock is currently trading at $20.78. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for HVT.A stock?
Price predictions from Wall Street analysts for HVT.A are not currently available. The stock is trading at $20.78.
What is Haverty Furniture Cos Inc's business model?
The company generates revenue by selling a wide range of furniture and home accessories through its retail stores and online platform. It offers products under its own brand, as well as well-known mattress brands, which enhances its market presence and customer appeal.
What is the highest forecasted price for HVT.A Haverty Furniture Cos Inc?
Price targets from Wall Street analysts for HVT.A are not currently available. The stock is trading at $20.78.
What is the lowest forecasted price for HVT.A Haverty Furniture Cos Inc?
Price targets from Wall Street analysts for HVT.A are not currently available. The stock is trading at $20.78.
What is the overall HVT.A consensus from analysts for Haverty Furniture Cos Inc?
Analyst ratings for HVT.A are not currently available. The stock is trading at $20.78.
How accurate are HVT.A stock price projections?
Stock price projections, including those for Haverty Furniture Cos Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.