Ethan Allen Interiors Inc. (NYSE:ETD) Declares Quarterly Dividend of $0.20

Ethan Allen Interiors Inc. (NYSE:ETD) declared a quarterly dividend on Monday, November 9th. Investors of record on Friday, November 20th will be paid a dividend of $0.20 per share on Friday, December 4th. This represents a $0.80 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, November 20th.

Ethan Allen Interiors has a dividend payout ratio of 73.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ethan Allen Interiors to earn $1.30 per share next year, which means the company may not be able to cover its $1.56 annual dividend with an expected future payout ratio of 120.0%.

Ethan Allen Interiors Stock Up 0.8%

NYSE:ETD opened at $20.23 on Tuesday. Ethan Allen Interiors has a twelve month low of $18.28 and a twelve month high of $25.26. The firm has a market capitalization of $509.85 million, a price-to-earnings ratio of 12.97 and a beta of 1.09. The stock’s 50 day moving average price is $21.07 and its two-hundred day moving average price is $21.97.

Ethan Allen Interiors (NYSE:ETD) last released its quarterly earnings data on Monday, November 9th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.16). Ethan Allen Interiors had a net margin of 6.88% and a return on equity of 7.88%. The company had revenue of $129.60 million during the quarter, compared to analyst estimates of $135.60 million. During the same period in the previous year, the company posted $0.43 EPS. The company’s quarterly revenue was down 11.8% compared to the same quarter last year. As a group, analysts anticipate that Ethan Allen Interiors will post 1.30 earnings per share for the current year.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc (NYSE: ETD) is a vertically integrated home furnishings company that designs, manufactures, markets and sells furniture and related products. Its offerings include living room, dining room and bedroom furniture, upholstery, case goods, home accents, mattresses and other furnishings for residential interiors.

The company sells its products through a network of Ethan Allen Design Centers, interior designers and independent retailers, as well as through its website and other digital channels.