Hooker Furnishings (HOFT) Projected to Post Quarterly Earnings on Thursday

Hooker Furnishings (NASDAQ:HOFT) is anticipated to release its Q1 2026 earnings data before the market opens on Thursday, June 12th. Analysts expect Hooker Furnishings to post earnings of ($0.16) per share and revenue of $88.87 million for the quarter.

Hooker Furnishings (NASDAQ:HOFT) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.15). The firm had revenue of $104.46 million during the quarter, compared to analyst estimates of $101.25 million. Hooker Furnishings had a negative return on equity of 3.51% and a negative net margin of 2.46%. During the same quarter last year, the company posted $0.06 EPS. On average, analysts expect Hooker Furnishings to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hooker Furnishings Trading Up 4.3%

Shares of HOFT stock opened at $12.07 on Wednesday. The company has a market cap of $129.19 million, a price-to-earnings ratio of -13.26, a PEG ratio of 0.85 and a beta of 1.37. The stock has a 50 day simple moving average of $9.35 and a 200-day simple moving average of $12.16. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.16 and a quick ratio of 1.76. Hooker Furnishings has a 1-year low of $7.34 and a 1-year high of $19.79.

Hooker Furnishings Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 7.62%. The ex-dividend date of this dividend is Monday, June 16th. Hooker Furnishings’s payout ratio is -77.31%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Hooker Furnishings from a “hold” rating to a “sell” rating in a report on Sunday, April 20th.

Institutional Trading of Hooker Furnishings

Hedge funds and other institutional investors have recently modified their holdings of the business. Empowered Funds LLC grew its stake in shares of Hooker Furnishings by 7.2% in the first quarter. Empowered Funds LLC now owns 55,319 shares of the company’s stock valued at $555,000 after buying an additional 3,696 shares in the last quarter. Jane Street Group LLC acquired a new position in Hooker Furnishings in the first quarter valued at approximately $146,000. Finally, Strs Ohio acquired a new stake in Hooker Furnishings during the 1st quarter worth $124,000. 73.63% of the stock is owned by institutional investors and hedge funds.

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.