Haverty Furniture Companies Stock Today

HVT Stock  USD 30.94  0.54  1.72%   

Performance

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Odds Of Distress

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Haverty Furniture is selling for under 30.94 as of the 19th of March 2024; that is -1.72% down since the beginning of the trading day. The stock's last reported lowest price was 30.84. Haverty Furniture has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Haverty Furniture Companies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2023 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
25th of February 1992
Category
Consumer Cyclical
Classification
Consumer Discretionary
Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States. Haverty Furniture Companies, Inc. was founded in 1885 and is headquartered in Atlanta, Georgia. Haverty Furniture operates under Home Improvement Retail classification in the United States and is traded on New York Stock Exchange. The company has 14.86 M outstanding shares of which 990.58 K shares are currently shorted by investors with about 8.44 days to cover. More on Haverty Furniture Companies

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Haverty Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Haverty Furniture's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Haverty Furniture or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanClarence Smith
Thematic IdeaFurniture (View all Themes)
Old NameHarvest One Cannabis Inc
Business ConcentrationHomefurnishing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Furniture, Consumer Discretionary, Specialty Retail, Home Improvement Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Haverty Furniture report their recommendations after researching Haverty Furniture's financial statements, talking to executives and customers, or listening in on Haverty Furniture's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Haverty Furniture. The Haverty consensus assessment is calculated by taking the average forecast from all of the analysts covering Haverty Furniture.
Financial Strength
Based on the measurements of operating efficiency obtained from Haverty Furniture's historical financial statements, Haverty Furniture Companies is performing exceptionally good at the moment. It has a great risk to report excellent financial results in April. Financial strength of Haverty Furniture is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.08270.0787
Sufficiently Up
Slightly volatile
Asset Turnover1.191.2052
Fairly Down
Slightly volatile
Gross Profit Margin0.410.5852
Way Down
Pretty Stable
Total Current Liabilities102.4 M138.3 M
Way Down
Slightly volatile
Non Current Liabilities Total282.1 M268.7 M
Sufficiently Up
Slightly volatile
Total Assets437.2 M715.3 M
Way Down
Slightly volatile
Total Current Assets233 M250.5 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities102.1 M97.2 M
Sufficiently Up
Slightly volatile
Haverty Furniture's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Haverty Furniture's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Haverty Furniture's financial leverage. It provides some insight into what part of Haverty Furniture's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Haverty Furniture's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Haverty Furniture deploys its capital and how much of that capital is borrowed.
Liquidity
Haverty Furniture cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 217.75 M in debt with debt to equity (D/E) ratio of 0.87, which is OK given its current industry classification. Haverty Furniture has a current ratio of 1.45, which is typical for the industry and considered as normal. Debt can assist Haverty Furniture until it has trouble settling it off, either with new capital or with free cash flow. So, Haverty Furniture's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Haverty Furniture sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Haverty to invest in growth at high rates of return. When we think about Haverty Furniture's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

1.29 Million
Haverty Furniture Companies (HVT) is traded on New York Stock Exchange in USA. It is located in 780 Johnson Ferry Road, Atlanta, GA, United States, 30342 and employs 2,574 people. Haverty Furniture is listed under Homefurnishing Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 502.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Haverty Furniture's market, we take the total number of its shares issued and multiply it by Haverty Furniture's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Haverty Furniture runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 14.86 M outstanding shares of which 990.58 K shares are currently shorted by investors with about 8.44 days to cover. Haverty Furniture Companies has about 123.13 M in cash with 97.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.78.
Check Haverty Furniture Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Haverty Furniture is $502.55 Million. The majority of Haverty Furniture outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Haverty Furniture to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Haverty Furniture Companies. Please pay attention to any change in the institutional holdings of Haverty Furniture as this could imply that something significant has changed or is about to change at the company. Also note that almost one hundred fourty-eight thousand six hundred fourty-seven invesors are currently shorting Haverty Furniture expressing very little confidence in its future performance.
Check Haverty Ownership Details

Haverty Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Haverty Furniture jumping above the current price in 90 days from now is close to 99%. The Haverty Furniture Companies probability density function shows the probability of Haverty Furniture stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5248. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Haverty Furniture will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Haverty Furniture is significantly underperforming NYSE Composite.
  Odds Below 30.94HorizonTargetOdds Above 30.94
0.36%90 days
 30.94 
99.64%
Based on a normal probability distribution, the odds of Haverty Furniture to move above the current price in 90 days from now is close to 99 (This Haverty Furniture Companies probability density function shows the probability of Haverty Stock to fall within a particular range of prices over 90 days) .

Haverty Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Haverty Furniture that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Haverty Furniture's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Haverty Furniture's value.
InstituionRecorded OnShares
Arrowstreet Capital Limited Partnership2023-12-31
281.1 K
Hotchkis & Wiley Capital Management Llc2023-12-31
272.7 K
Goldman Sachs Group Inc2023-12-31
261.4 K
Cambria Investment Management, L.p.2023-12-31
256.9 K
Bank Of New York Mellon Corp2023-12-31
244.3 K
American Century Companies Inc2023-12-31
233.1 K
Ameriprise Financial Inc2023-12-31
179.4 K
Citadel Advisors Llc2023-09-30
177.8 K
Bridgeway Capital Management, Llc2023-12-31
148.9 K
Blackrock Inc2023-12-31
2.4 M
Dimensional Fund Advisors, Inc.2023-12-31
1.3 M
View Haverty Furniture Diagnostics

Haverty Furniture Historical Income Statement

Haverty Furniture Companies Income Statement is one of the three primary financial statements used for reporting Haverty's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Haverty Furniture revenue and expense. Haverty Furniture Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Haverty Furniture's Interest Income is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 4.9 M in 2024, whereas Gross Profit is likely to drop slightly above 344.5 M in 2024. View More Fundamentals

Haverty Stock Against Markets

Picking the right benchmark for Haverty Furniture stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Haverty Furniture stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Haverty Furniture is critical whether you are bullish or bearish towards Haverty Furniture Companies at a given time. Please also check how Haverty Furniture's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Haverty Furniture without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Haverty Furniture Corporate Directors

Haverty Furniture corporate directors refer to members of a Haverty Furniture board of directors. The board of directors generally takes responsibility for the Haverty Furniture's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Haverty Furniture's board members must vote for the resolution. The Haverty Furniture board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Frank McGaugheyIndependent DirectorProfile
Mylle MangumIndependent DirectorProfile
Terence McGuirkIndependent DirectorProfile
Phillip HumannLead Independent DirectorProfile

How to buy Haverty Stock?

Before investing in Haverty Furniture, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Haverty Furniture. To buy Haverty Furniture stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Haverty Furniture. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Haverty Furniture stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Haverty Furniture Companies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Haverty Furniture Companies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Haverty Furniture Companies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Haverty Stock please use our How to Invest in Haverty Furniture guide.

Already Invested in Haverty Furniture Companies?

The danger of trading Haverty Furniture Companies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Haverty Furniture is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Haverty Furniture. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Haverty Furniture is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Haverty Furniture's price analysis, check to measure Haverty Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Haverty Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Haverty Furniture. If investors know Haverty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Haverty Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
1.18
Earnings Share
3.36
Revenue Per Share
52.989
Quarterly Revenue Growth
(0.25)
The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.