Haverty Furniture Companies (NYSE:HVT.A) Stock Passes Below 50 Day Moving Average – Time to Sell?

Haverty Furniture Companies, Inc. (NYSE:HVT.A)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $22.21 and traded as low as $21.93. Haverty Furniture Companies shares last traded at $22.58, with a volume of 434 shares.

Haverty Furniture Companies Price Performance

The firm has a fifty day moving average of $22.21 and a two-hundred day moving average of $24.03. The stock has a market capitalization of $370.49 million, a P/E ratio of 14.20 and a beta of 1.24.

Haverty Furniture Companies (NYSE:HVT.A) last released its quarterly earnings data on Monday, February 24th. The company reported $0.47 earnings per share (EPS) for the quarter. The business had revenue of $184.35 million for the quarter.

Haverty Furniture Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 6th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend is Thursday, March 6th. Haverty Furniture Companies’s dividend payout ratio is currently 102.56%.

Haverty Furniture Companies Company Profile

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, Tempur-Pedic, and Serta names, as well as private label Skye name.