Hooker Furnishings (HOFT) Projected to Release Quarterly Earnings on Friday

Hooker Furnishings (NASDAQ:HOFT) is expected to be posting its Q2 2027 results before the market opens on Friday, September 11th. Analysts expect Hooker Furnishings to post earnings of ($0.02) per share and revenue of $63.76 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Friday, September 11, 2026 at 9:00 AM ET.

Hooker Furnishings (NASDAQ:HOFT) last announced its earnings results on Thursday, June 11th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.07) by $0.17. Hooker Furnishings had a positive return on equity of 1.61% and a negative net margin of 7.90%.The business had revenue of $69.45 million for the quarter, compared to the consensus estimate of $66.31 million. On average, analysts expect Hooker Furnishings to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hooker Furnishings Price Performance

HOFT stock opened at $12.76 on Thursday. The business has a fifty day moving average price of $14.31 and a 200 day moving average price of $13.82. Hooker Furnishings has a fifty-two week low of $8.61 and a fifty-two week high of $18.09. The stock has a market capitalization of $137.04 million, a price-to-earnings ratio of -5.93, a P/E/G ratio of 1.20 and a beta of 1.14.

Hooker Furnishings Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Tuesday, September 15th. Hooker Furnishings’s dividend payout ratio is presently -21.40%.

Institutional Investors Weigh In On Hooker Furnishings

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its holdings in shares of Hooker Furnishings by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 120,645 shares of the company’s stock worth $1,363,000 after buying an additional 1,100 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Hooker Furnishings by 16.6% during the 4th quarter. LPL Financial LLC now owns 11,684 shares of the company’s stock valued at $132,000 after acquiring an additional 1,660 shares in the last quarter. Empowered Funds LLC grew its position in Hooker Furnishings by 7.2% during the 1st quarter. Empowered Funds LLC now owns 55,319 shares of the company’s stock worth $555,000 after acquiring an additional 3,696 shares during the last quarter. Vanguard Group Inc. grew its position in Hooker Furnishings by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 595,587 shares of the company’s stock worth $6,045,000 after acquiring an additional 4,138 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Hooker Furnishings by 61.2% in the 3rd quarter. Bank of America Corp DE now owns 15,126 shares of the company’s stock worth $154,000 after purchasing an additional 5,740 shares in the last quarter. Institutional investors and hedge funds own 73.60% of the company’s stock.

Wall Street Analysts Forecast Growth

HOFT has been the subject of a number of analyst reports. Weiss Ratings lowered shares of Hooker Furnishings from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 14th. Wall Street Zen lowered Hooker Furnishings from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Finally, Zacks Research cut shares of Hooker Furnishings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Hooker Furnishings currently has an average rating of “Reduce”.

About Hooker Furnishings

Hooker Furnishings, formerly known as Hooker Furniture Corporation, is a designer, marketer and distributor of high-quality home furnishings. Headquartered in Martinsville, Virginia, the company offers a broad range of wood and upholstered furniture products across bedroom, dining, home office and accent categories. Its portfolio includes solid wood and engineered wood case goods, upholstered seating, accent tables and decorative accessories, reflecting styles that range from traditional to contemporary.

The company’s operations are organized into three reportable segments: Domestic Wholesale, Retail and Logistics, and International.