Predictions for Hooker Furnishings (HOFT) Q1 Earnings

Hooker Furnishings Co. (NASDAQ:HOFT) has recently seen revised earnings per share (EPS) expectations from analysts ahead of its upcoming Q1 2026 earnings report. On December 6th, Sidoti Csr, a research firm, lowered its EPS estimates for Hooker Furnishings. Analyst A. Lebiedzinski now anticipates the company will report an EPS of $0.19 for the first quarter, down from an earlier estimate of $0.20. The consensus estimate for Hooker Furnishings' total annual earnings stands at a loss of $0.37 per share for the current fiscal year.

Future Earnings Predictions

In addition to the Q1 adjustments, Sidoti Csr has provided EPS forecasts for subsequent quarters in 2026. They project that Hooker Furnishings will earn $0.19 in Q2, $0.40 in Q3, and $0.51 in Q4 of 2026. For the entire fiscal year 2026, they estimate total earnings of $1.29. Looking further ahead, they predict Q1 2027 earnings of $0.35, Q2 earnings of $0.25, Q3 earnings of $0.50, and a total for FY2027 of $1.65 per share.

Current Stock Performance

As of Monday, HOFT stock opened at $16.97. The stock has ranged from a 1-year low of $13.09 to a 1-year high of $27.15. Currently, the company’s 50-day simple moving average is noted at $17.32, with a 200-day average at $16.04. The company has a market capitalization of approximately $181.75 million, with a price-to-earnings ratio of -18.65 and a beta of 1.22, indicating the stock's volatility compared to the market.

Dividend Announcement

Hooker Furnishings has also announced a quarterly dividend. Shareholders who are on record as of December 13th will receive a dividend of $0.23 on December 30th. This payout totals an annualized dividend of $0.92, reflecting a dividend yield of 5.42%. Currently, the company’s payout ratio is reported at -101.10%, suggesting that the company is paying out more in dividends than it is earning.

Institutional Holdings

Recent activity among institutional investors shows an increase in holdings of Hooker Furnishings. Azarias Capital Management L.P. raised their shareholding by 23.8% in the second quarter and now owns 624,415 shares valued at around $9.04 million after a significant purchase of additional shares. Acuitas Investments LLC has also entered a new position valued at approximately $1.18 million. Foundry Partners LLC expanded its stake by 95.1%, owning 70,605 shares after buying more. Moreover, American Century Companies Inc. grew its holdings by 18.0%, acquiring an additional 31,261 shares. Overall, institutional investors and hedge funds now control about 73.63% of the company's stock.

Company Overview

Hooker Furnishings Corporation specializes in designing, manufacturing, importing, and marketing residential and hospitality furniture. It operates through several segments, including Hooker Branded, Home Meridian, and Domestic Upholstery, catering to various furniture needs.

Earnings, Analysts, Predictions