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Consumer Cyclical - Home Improvement - NYSE - US
$ 22.54
0.222 %
$ 370 M
Market Cap
14.09
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one HVT stock under the base case scenario is HIDDEN Compared to the current market price of 22.5 USD, Haverty Furniture Companies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HVT

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FINANCIALS
862 M REVENUE
-17.67%
67.3 M OPERATING INCOME
-42.95%
56.3 M NET INCOME
-36.97%
97.2 M OPERATING CASH FLOW
90.54%
-53.1 M INVESTING CASH FLOW
-87.33%
-46.3 M FINANCING CASH FLOW
29.45%
176 M REVENUE
-1.52%
0 OPERATING INCOME
0.00%
4.93 M NET INCOME
11.04%
24.4 M OPERATING CASH FLOW
69.69%
-7.92 M INVESTING CASH FLOW
17.02%
-5.22 M FINANCING CASH FLOW
21.48%
Balance Sheet Decomposition Haverty Furniture Companies, Inc.
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Current Assets 252 M
Cash & Short-Term Investments 121 M
Receivables 0
Other Current Assets 131 M
Non-Current Assets 403 M
Long-Term Investments 0
PP&E 374 M
Other Non-Current Assets 28.6 M
Current Liabilities 138 M
Accounts Payable 18.8 M
Short-Term Debt 74.7 M
Other Current Liabilities 44.8 M
Non-Current Liabilities 208 M
Long-Term Debt 180 M
Other Non-Current Liabilities 27.1 M
EFFICIENCY
Earnings Waterfall Haverty Furniture Companies, Inc.
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Revenue 862 M
Cost Of Revenue 339 M
Gross Profit 523 M
Operating Expenses 456 M
Operating Income 67.3 M
Other Expenses 11 M
Net Income 56.3 M
RATIOS
60.67% GROSS MARGIN
60.67%
7.80% OPERATING MARGIN
7.80%
6.53% NET MARGIN
6.53%
18.26% ROE
18.26%
8.61% ROA
8.61%
15.07% ROIC
15.07%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Haverty Furniture Companies, Inc.
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Net Income 56.3 M
Depreciation & Amortization 18.6 M
Capital Expenditures -53.1 M
Stock-Based Compensation 8.01 M
Change in Working Capital 14.2 M
Others -2.26 M
Free Cash Flow 44.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Haverty Furniture Companies, Inc.
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Wall Street analysts predict an average 1-year price target for HVT of $42 , with forecasts ranging from a low of $42 to a high of $42 .
HVT Lowest Price Target Wall Street Target
42 USD 86.34%
HVT Average Price Target Wall Street Target
42 USD 86.34%
HVT Highest Price Target Wall Street Target
42 USD 86.34%
4. DIVIDEND ANALYSIS
1.16% DIVIDEND YIELD
0.32 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Haverty Furniture Companies, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
223 K USD 1
9-12 MONTHS
241 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Feb 29, 2024
Sell 223 K USD
BURDETTE STEVEN G
President
- 6500
34.347 USD
11 months ago
Dec 07, 2023
Sell 130 K USD
Gill John Linwood
Executive V.P., Merchandising
- 4000
32.4713 USD
1 year ago
Nov 15, 2023
Sell 111 K USD
HAVERTY RAWSON JR
director, 10 percent owner:
- 3519
31.571 USD
1 year ago
Aug 30, 2023
Sell 779 K USD
PALMER VICKI R
Director
- 25000
31.1638 USD
1 year ago
May 19, 2023
Sell 136 K USD
MANGUM MYLLE H
Director
- 5158
26.28 USD
1 year ago
Mar 09, 2023
Sell 229 K USD
Hare Richard B
Executive Vice President & CFO
- 7100
32.2879 USD
1 year ago
Mar 07, 2023
Sell 476 K USD
SMITH CLARENCE H
Chairman & CEO
- 13880
34.287 USD
1 year ago
Mar 06, 2023
Sell 129 K USD
BURDETTE STEVEN G
President
- 3789
34 USD
1 year ago
Feb 27, 2023
Sell 99.7 K USD
PARKER JENNY H
Sr. VP, Finance & Corp Sec
- 2620
38.07 USD
1 year ago
Feb 24, 2023
Sell 135 K USD
Gill John Linwood
Executive V.P., Merchandising
- 3612
37.5129 USD
2 years ago
Aug 12, 2022
Sell 100 K USD
HAVERTY RAWSON JR
Senior Vice President
- 3351
29.9385 USD
2 years ago
Aug 10, 2022
Sell 329 K USD
SMITH CLARENCE H
Chairman & CEO
- 11260
29.24 USD
2 years ago
Aug 11, 2022
Sell 188 K USD
BURDETTE STEVEN G
President
- 6250
30 USD
2 years ago
May 13, 2022
Sell 395 K USD
HAVERTY RAWSON JR
Senior Vice President
- 13905
28.4363 USD
2 years ago
May 13, 2022
Sell 86.5 K USD
Fladger Kelly Allen
SVP, Chief HR Officer
- 3104
27.88 USD
3 years ago
Sep 15, 2021
Sell 112 K USD
HAVERTY RAWSON JR
Senior Vice President
- 3296
34.0031 USD
7. News
Bear of the Day: HAVERTYS (HVT) HAVERTYS HVT is still struggling as the housing market remains in a recession. Will earnings finally turn around in 2025 for this Zacks Rank #5 (Strong Sell)? zacks.com - 3 days ago
Havertys Announces CEO Leadership Transition Clarence H. Smith to Retire as CEO; Will Remain as Executive Chairman Steven G. accesswire.com - 5 days ago
Havertys Announces Fourth Quarter Cash Dividend ATLANTA, GA / ACCESSWIRE / November 8, 2024 / HAVERTYS (NYSE:HVT, HVT.A) announced today that its board of directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on December 12, 2024, to stockholders of record at the close of business on November 26, 2024. accesswire.com - 1 week ago
Haverty Furniture Companies, Inc. (HVT) Q3 2024 Earnings Call Transcript Haverty Furniture Companies, Inc. (NYSE:HVT ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Richard Hare - Chief Financial Officer Clarence Smith - Chairman & Chief Executive Officer Steve Burdette - President Conference Call Participants Michael Legg - The Benchmark Company Anthony Lebiedzinski - Sidoti & Company Cristina Fernandez - Telsey Advisory Group Operator Greetings, and welcome to the Haverty's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 2 weeks ago
Haverty Furniture (HVT) Lags Q3 Earnings and Revenue Estimates Haverty Furniture (HVT) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $1.02 per share a year ago. zacks.com - 2 weeks ago
Havertys Reports Operating Results for Third Quarter 2024 ATLANTA, GA / ACCESSWIRE / October 30, 2024 / HAVERTYS (NYSE:HVT) and (NYSE:HVT.A), today reported operating results for the third quarter ended September 30, 2024. Third quarter 2024 versus third quarter 2023: Diluted earnings per common share ("EPS") of $0.29 versus $1.02. accesswire.com - 2 weeks ago
Havertys To Host Third Quarter 2024 Earnings Conference Call on October 31, 2024 / ACCESSWIRE / October 23, 2024 / ATLANTA, GA / ACCESSWIRE / October 23, 2024 / HAVERTYS (NYSE:HVT) and (HVT.A) will release its third quarter 2024 financial results on Wednesday, October 30, 2024, after the market closes. The company will host a conference call with investors and analysts on Thursday, October 31, at 10:00 a.m. accesswire.com - 3 weeks ago
Haverty: The Status-Quo Isn't Ideal, But Things May Turn For The Better (Rating Upgrade) Haverty Furniture, a premium retailer with 120 stores, offers dual-class shares: HVT for liquidity and dividends, HVT.A for superior voting rights and flexibility to convert to HVT. Haverty appears to have lost market share this year, with its sales decline in H1 coming in at 2.2x the sales decline of the home furniture and furnishing market. Despite challenging market conditions, Haverty's gross margins remain stable, are expected to stay that way on account of its premium positioning, and stable inventory position. seekingalpha.com - 2 months ago
Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. prnewswire.com - 2 months ago
Havertys Announces Third Quarter Cash Dividend ATLANTA, GA / ACCESSWIRE / August 9, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT.A) announced today that its board of directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $0.32 per share on the common stock and $0.30 per share on the Class A common stock. The dividend is payable on September 11, 2024, to stockholders of record at the close of business on August 26, 2024. accesswire.com - 3 months ago
Haverty Furniture Companies, Inc. (HVT) Q2 2024 Earnings Call Transcript Haverty Furniture Companies, Inc. (NYSE:HVT ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Richard Hare - Chief Financial Officer Clarence Smith - Chairman, Chief Executive Officer Steve Burdette - President Conference Call Participants Anthony Lebiedzinski - Sidoti Cristina Fernandez - Telsey Advisory Group Budd Bugatch - Water Tower Research Mickey Legg - The Benchmark Company Operator Greetings, and welcome to the Haverty's Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 3 months ago
Haverty Furniture (HVT) Tops Q2 Earnings Estimates Haverty Furniture (HVT) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.70 per share a year ago. zacks.com - 3 months ago
8. Profile Summary

Haverty Furniture Companies, Inc. HVT

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COUNTRY US
INDUSTRY Home Improvement
MARKET CAP $ 370 M
Dividend Yield 1.16%
Description 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.
Contact 780 Johnson Ferry Road, Atlanta, GA, 30342 https://www.havertys.com
IPO Date March 17, 1980
Employees 2574
Officers Ms. Katie R. Mendolera Senior Vice President of Strategic Development & Real Estate Mr. Scott T. Miles Senior Vice President of Stores Ms. Helen B. Bautista Senior Vice President of Marketing & Digital Mr. B. Gregory Davis Senior Vice President of Information Technology Ms. Jenny Hill Parker Senior Vice President of Finance & Corporate Secretary Mr. John L. Gill Executive Vice President of Merchandising Mr. Kelley Allen Fladger Senior Vice President & Chief Human Resources Officer Mr. Steven G. Burdette President Ms. Janet E. Taylor Senior Vice President & General Counsel Mr. Clarence H. Smith Chairman & Chief Executive Officer