Sidoti Csr Analysts Decrease Earnings Estimates for HOFT

Hooker Furnishings Co. (NASDAQ:HOFT) – Equities researchers at Sidoti Csr reduced their Q1 2026 EPS estimates for Hooker Furnishings in a research report issued on Friday, December 6th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings of $0.19 per share for the quarter, down from their prior forecast of $0.20. The consensus estimate for Hooker Furnishings’ current full-year earnings is ($0.37) per share. Sidoti Csr also issued estimates for Hooker Furnishings’ Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.51 EPS, FY2026 earnings at $1.29 EPS, Q1 2027 earnings at $0.35 EPS, Q2 2027 earnings at $0.25 EPS, Q3 2027 earnings at $0.50 EPS and FY2027 earnings at $1.65 EPS.

Hooker Furnishings Stock Performance

HOFT opened at $16.65 on Monday. The stock has a market capitalization of $178.32 million, a P/E ratio of -18.30 and a beta of 1.22. Hooker Furnishings has a one year low of $13.09 and a one year high of $27.15. The business’s 50-day simple moving average is $17.30 and its 200-day simple moving average is $16.04.

Hedge Funds Weigh In On Hooker Furnishings

Institutional investors have recently added to or reduced their stakes in the stock. Pzena Investment Management LLC grew its stake in shares of Hooker Furnishings by 1.1% in the 3rd quarter. Pzena Investment Management LLC now owns 1,286,381 shares of the company’s stock valued at $23,258,000 after purchasing an additional 13,524 shares during the last quarter. Azarias Capital Management L.P. increased its stake in Hooker Furnishings by 23.8% in the 2nd quarter. Azarias Capital Management L.P. now owns 624,415 shares of the company’s stock valued at $9,042,000 after buying an additional 120,219 shares during the period. Geode Capital Management LLC lifted its stake in shares of Hooker Furnishings by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 241,310 shares of the company’s stock worth $4,364,000 after acquiring an additional 2,493 shares during the period. American Century Companies Inc. boosted its holdings in shares of Hooker Furnishings by 18.0% in the second quarter. American Century Companies Inc. now owns 204,614 shares of the company’s stock valued at $2,963,000 after acquiring an additional 31,261 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Hooker Furnishings by 4.9% during the third quarter. State Street Corp now owns 172,370 shares of the company’s stock worth $3,116,000 after acquiring an additional 8,117 shares during the period. Institutional investors and hedge funds own 73.63% of the company’s stock.

Hooker Furnishings Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.92 annualized dividend and a dividend yield of 5.53%. Hooker Furnishings’s dividend payout ratio (DPR) is -101.10%.

About Hooker Furnishings

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.