Haverty Furniture Companies, Inc.

Haverty Furniture Companies, Inc.

HVTยทNYSE

$22.53

-1.4%
Consumer CyclicalHome Improvement

Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name. The company sells home furnishings through its retail stores, as well as through its Website. As of December 31, 2021, it operated 121 showrooms in 16 states in the Southern and Midwestern regions. Haverty Furniture Companies, Inc. was founded in 1885 and is headquartered in Atlanta, Georgia.

At a Glance

Live Snapshot
Market Cap$362.63M
EPS1.2200
P/E Ratio18.47
Earnings Date07/29/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 18.5).

Valuation inputs: P/E 18.5, earnings yield +5.4%, momentum -1.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +6.4%, ROIC +2.8%).

Profitability stack: net margin +2.6%, ROE +6.4%, ROIC +2.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +52.6%, momentum -1.4%, net margin +2.6%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Haverty Furniture Companies, Inc. Market vs Earnings Trajectory

HVT ยท NYSE

Loading price and EPS data...

Haverty Furniture Companies, Inc.

Haverty Furniture Companies, Inc. Fair Value Envelope

HVT ยท NYSE

Our analysis suggests that HVT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $22.53, this represents a potential HIDDEN relative to our calculated worth for Haverty Furniture Companies, Inc..

Intrinsic Value
Current Price: $22.53
3Y-79.0%
5Y-62.0%
10Y-8.0%
3Y-28.0%
5Y+1.0%
10Y-8.0%
3Y-78.0%
5Y-67.0%
10Y-30.0%
3Y+3.0%
5Y-60.0%
10Y-12.0%
3Y+46.0%
5Y-72.0%
10Y+9.0%
3Y-
5Y-5.0%
10Y+43.0%
Haverty Furniture Companies, Inc.

Haverty Furniture Companies, Inc. Profit Bridge

HVT ยท NYSE
Revenue759.00M
Cost of Goods Sold (298.50M)
Gross Profit460.50M
Operating Expenses (439.33M)
Operating Income21.17M
Interest Expense (0.00)
Other Income/Expense5.66M
Pretax Income26.83M
Income Tax (7.10M)
Net Income19.73M
Net Income
19.73M

Profitability Analysis

Gross Margin

60.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

2.8%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

2.6%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

26.5%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

60.67%
Gross Profit Margin
3Y+5.0%
5Y+8.0%
10Y+12.0%
2.79%
Operating Profit Margin
2%
3Y-75.0%
5Y-50.0%
10Y-48.0%
2.60%
Net Profit Margin
-6%
3Y-70.0%
5Y-67.0%
10Y-25.0%
6.41%
Return on Equity
-1%
3Y-79.0%
5Y-73.0%
10Y-36.0%
3.04%
Return on Assets
-1%
3Y-78.0%
5Y-65.0%
10Y-51.0%
2.82%
Return on Invested Capital
3%
3Y-83.0%
5Y-55.0%
10Y-62.0%
HVT

Haverty Furniture Companies, Inc. Cash Conversion Engine

HVT ยท NYSE
Net Income19.73M
Depreciation & Amortization23.82M
Stock-Based Compensation7.31M
Change in Working Capital2.38M
Others1.55M
Capital Expenditures-19.67M
Free Cash Flow32.97M

Cash Flow Quality Analysis

FCF Conversion Rate

167.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

37.4%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+23.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$2.38M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Haverty Furniture Companies, Inc. Funding & Solvency Profile

HVT ยท NYSE
Cash & Cash Equivalents114.06M
Net Receivables0.00
Inventory106.86M
Other Current Assets19.89M
Total Current Assets241 M
Property, Plant & Equipment372.48M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets13.26M
Total Non-Current Assets386 M
Total Assets
647.34M

Financial Health Analysis

Current Ratio

1.84x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.11x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

110 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

37% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Haverty Furniture Companies, Inc. Street Expectations Map

HVT ยท NYSE

Wall Street analysts project that HVT stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 42.00, with estimates ranging from a low of 42.00 to a high of 42.00.

Lowest Target
42.00
86.42%
Consensus Target
42.00
86.42%
Highest Target
42.00
86.42%

The consensus 1-year price target stands at 42.00, with estimates ranging from a low of 42.00 to a high of 42.00.

Analyst Consensus Analysis

Upside Potential

+86.4%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Haverty Furniture Companies, Inc. Insider Positioning

HVT ยท NYSE

During the last 12 months, insiders have sold $1.30M worth of HVT shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

9.8K

244.49K

Net Activity

-244K

-$244K

6-9 Months

Bought

0

0.00

Sold

29.5K

677.70K

Net Activity

-678K

-$678K

9-12 Months

Bought

0

0.00

Sold

16.5K

373.61K

Net Activity

-374K

-$374K

Top Buyers

No buying activity

Top Sellers

1
HRJ

Haverty Rawson Jr

Director

55.9K sharesโ€ข7 transactions

$1.30M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.30M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
ย 

hvt Dividend History

HVT
10Y CAGR +13%
Latest $0.33
Annual $1.63
5 year growth trend
Last Period: +0%