Ethan Allen Interiors Inc. (NYSE:ETH) was the recipient of unusually large options trading on Friday. Traders acquired 3,558 put options on the stock. This represents an increase of approximately 268% compared to the average volume of 968 put options.
ETH has been the topic of several recent research reports. TheStreet upgraded Ethan Allen Interiors from a “c+” rating to a “b-” rating in a research report on Thursday, June 29th. BidaskClub cut Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Stifel Nicolaus decreased their price target on Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, April 28th. Finally, Telsey Advisory Group decreased their price target on Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, April 27th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Ethan Allen Interiors presently has a consensus rating of “Hold” and an average target price of $33.25.
Shares of Ethan Allen Interiors (NYSE:ETH) opened at 32.55 on Friday. The firm has a market capitalization of $901.50 million, a price-to-earnings ratio of 21.96 and a beta of 1.17. Ethan Allen Interiors has a 52 week low of $26.75 and a 52 week high of $38.80. The stock’s 50 day moving average price is $30.61 and its 200-day moving average price is $29.82.
Ethan Allen Interiors (NYSE:ETH) last posted its earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.42. The company had revenue of $194.90 million during the quarter, compared to analyst estimates of $194.94 million. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. Ethan Allen Interiors’s revenue was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 earnings per share. Equities analysts predict that Ethan Allen Interiors will post $1.77 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Tuesday, October 10th will be issued a dividend of $0.19 per share. The ex-dividend date is Friday, October 6th. This represents a $0.76 dividend on an annualized basis and a yield of 2.33%. Ethan Allen Interiors’s dividend payout ratio is currently 58.92%.
Hedge funds have recently bought and sold shares of the company. State of Alaska Department of Revenue raised its stake in Ethan Allen Interiors by 77.5% in the first quarter. State of Alaska Department of Revenue now owns 4,900 shares of the company’s stock worth $150,000 after buying an additional 2,140 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Ethan Allen Interiors by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 4,980 shares of the company’s stock worth $153,000 after buying an additional 180 shares in the last quarter. Mason Street Advisors LLC raised its stake in Ethan Allen Interiors by 7.2% in the first quarter. Mason Street Advisors LLC now owns 5,957 shares of the company’s stock worth $183,000 after buying an additional 398 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in Ethan Allen Interiors by 4.9% in the first quarter. First Citizens Bank & Trust Co. now owns 7,149 shares of the company’s stock worth $219,000 after buying an additional 335 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Ethan Allen Interiors by 4.4% in the first quarter. Bank of Montreal Can now owns 8,062 shares of the company’s stock valued at $247,000 after buying an additional 341 shares in the last quarter. Institutional investors own 99.16% of the company’s stock.
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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.
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