Haverty Furn Cl A SC (HVT.A) AI Stock Analysis

• Market Cap: $393.60M
• Dividend Yield: 5.36%
• Average Volume (3M): 17.00
• Price to Earnings (P/E): 24.4
• Beta (1Y): 0.82
• Revenue Growth: -1.05%
• EPS Growth: -24.24%
• Country: US
• Employees: 2,334
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Home Improvement
• EPS (TTM): 0.51
• Shares Outstanding: 1,219,976
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 17
• PEG Ratio: 0.00
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.48
• P/FCF Ratio: 11.15
• Enterprise Value/Market Cap: 1.17
• Enterprise Value/Revenue: 0.61
• Enterprise Value/Gross Profit: 1.00
• Enterprise Value/Ebitda: 9.66
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.06
• Revenue Forecast (FY): $812.65M

• Rating: 61 Neutral
• Price Target: $30.00 ▲(17.55% Upside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is held back primarily by weakening financial performance and elevated uncertainty from the anomalous recent revenue/operating profit data, despite supportive technical trends. The earnings call and guidance point to improving sales momentum and strong balance sheet positioning, while valuation is balanced by a strong dividend yield but a mid-20s P/E.

Positive Factors

Balance Sheet Strength

A debt-free balance sheet with meaningful cash provides durable financial flexibility: it supports ongoing dividends, opportunistic buybacks, and funding for store growth or inventory needs without relying on external debt. This reduces refinancing risk and cushions tariff or cycle shocks.

High‑value Design & E‑commerce Mix

A higher share of design business and rising e‑commerce diversify revenue and raise average ticket long term. Design's premium pricing and growing digital sales support sustainable gross margins and reduce dependence on walk‑in traffic, improving resilience across cycles.

Disciplined Store Growth Plan

Targeted expansion into new markets and remodels, funded within a modest CapEx plan and served by existing distribution, suggests scalable growth. This can increase market penetration and sales density without material distribution overhead, supporting steady long‑term revenue growth.

Negative Factors

Profitability Erosion

A sustained drop in net margin and returns materially reduces earnings power versus capital employed. If margins remain compressed, ROE and reinvestment capacity suffer, limiting capital allocation and jeopardizing the sustainability of dividends and share repurchases over the next several quarters.

Inventory & Tariff Exposure

Front‑loading inventory to hedge tariffs increases working capital and exposes the company to margin volatility if tariffs or costs change further. Elevated inventories can pressure cash conversion, force discounting or compress gross margins if demand softens or tariffs evolve unfavorably.

Volatile Free Cash Flow

Although operating cash flow remains positive, volatile and declining free cash flow limits predictable funding for capex, buybacks, and dividends. Reduced cash conversion versus earnings raises the risk that capital returns or growth investments become constrained if sales or margins deteriorate further.

Haverty Furn Cl A SC Business Overview & Revenue Model

Company Description

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, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name. The company sells home furnishings through its retail stores, as well as through its Website. As of December 31, 2021, it operated 121 showrooms in 16 states in the Southern and Midwestern regions. Haverty Furniture Companies, Inc. was founded in 1885 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

Haverty Furniture generates revenue primarily through the sale of furniture and home decor products in its retail showrooms and online platforms. The company employs a multi-channel retail strategy, allowing customers to shop in-store or through its e-commerce website. Key revenue streams include the sale of premium furniture brands, accessories, and custom order services. Additionally, Haverty benefits from financing options that attract customers looking for flexible payment solutions. Partnerships with suppliers and manufacturers enable the company to offer a diverse range of products while maintaining competitive pricing. Seasonal promotions and sales events also contribute to revenue generation, with the company focusing on customer engagement and loyalty programs to enhance repeat business.

Haverty Furn Cl A SC Financial Statement Overview

Summary

Mixed fundamentals: the balance sheet is stable with manageable leverage and cash flow remains positive, but profitability and revenue have deteriorated materially since 2022 (net margin down to ~2.8% in 2024) and recent results include an anomalous revenue/operating profit entry that increases uncertainty around the current earnings run-rate.

Income Statement

Profitability has deteriorated materially versus prior years: net margin fell from ~8–9% (2020–2022) to ~6.5% (2023) and ~2.8% (2024). Revenue has also been declining in recent years (down ~16% in 2024 and ~18% in 2023), and the latest annual entry shows an extreme revenue drop with zero operating profit reported, which raises data-quality and/or business-volatility concerns. A positive offset is that gross margin has remained relatively stable around ~60% (2023–2025), suggesting pricing/product mix resilience even as operating profitability compressed.

Balance Sheet

Leverage looks manageable and stable: debt-to-equity is consistently ~0.70–0.92 across 2020–2025, with equity holding around ~$256M–$308M and assets steady near ~$649M–$686M. However, returns have weakened meaningfully from very strong levels in 2021–2022 to mid-single digits in 2024, and the latest year shows near-zero return on equity, indicating significantly reduced earnings power relative to the capital base.

Cash Flow

Cash generation remains positive with operating cash flow consistently strong (roughly ~$51M–$130M over 2020–2025) and free cash flow positive each year. That said, free cash flow has been volatile and recently weaker (down ~16% in the latest year and down sharply from 2023), and cash conversion has not consistently been high versus accounting profits (free cash flow to net income generally ~0.44–0.65, with the latest year ~0.63). Overall, liquidity support looks adequate, but the downshift in free cash flow trend is a watch item.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	759.00M	722.90M	862.13M	1.05B	1.01B
Gross Profit	460.50M	439.08M	523.09M	604.23M	574.63M
EBITDA	50.66M	41.47M	85.88M	134.85M	134.66M
Net Income	19.73M	19.96M	56.32M	89.36M	90.80M
Balance Sheet
Total Assets	649.05M	648.75M	654.13M	649.05M	686.29M
Cash, Cash Equivalents and Short-Term Investments	131.87M	120.03M	120.64M	123.13M	166.15M
Total Debt	216.42M	218.38M	217.75M	221.29M	230.35M
Total Liabilities	341.12M	341.19M	345.77M	359.65M	430.32M
Stockholders Equity	307.93M	307.56M	308.37M	289.40M	255.97M
Cash Flow
Free Cash Flow	32.97M	26.82M	44.09M	22.60M	63.15M
Operating Cash Flow	52.64M	58.91M	97.20M	51.02M	97.24M
Investing Cash Flow	-19.56M	-31.63M	-53.06M	-28.32M	-34.00M
Financing Cash Flow	-27.52M	-28.74M	-46.29M	-65.62M	-97.15M

Haverty Furn Cl A SC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HVT.A, the sentiment is Positive. The current price of 25.52 is below the 20-day moving average (MA) of 27.96, below the 50-day MA of 26.37, and above the 200-day MA of 22.75, indicating a bullish trend. The MACD of 0.63 indicates Positive momentum. The RSI at 54.28 is Neutral, neither overbought nor oversold. The STOCH value of 92.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HVT.A.

Haverty Furn Cl A SC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LOW	68 Neutral	$148.41B	22.33	―	1.94%	0.64%	0.58%
HD	65 Neutral	$379.01B	26.75	145.54%	2.67%	7.50%	-0.38%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
HVT.A	61 Neutral	$393.60M	24.35	6.32%	5.36%	-1.05%	-24.24%
BSET	57 Neutral	$129.56M	21.33	4.70%	4.59%	-2.74%	―
ARHS	55 Neutral	$1.16B	17.34	20.38%	―	7.36%	-6.85%
BNED	49 Neutral	$296.65M	-32.77	-3.86%	―	1.38%	63.65%

Haverty Furn Cl A SC Corporate Events

Havertys Adds Veteran Litigator to Board of Directors

On January 29, 2026, Havertys announced that veteran litigator E. Kendrick Smith has been elected to its Board of Directors, effective February 17, 2026, expanding the board to eleven members and adding a non-independent, non-management director with deep legal expertise and longstanding ties to the company and the home furnishings industry. Smith, a former partner at Smith, Gambrell & Russell and Jones Day who previously served as Havertys’ primary outside counsel and is the brother of Executive Chairman Clarence H. Smith, will receive standard non-employee director compensation on a pro rata basis, and his appointment is expected to bolster the board’s oversight of strategy, growth initiatives, and stakeholder stewardship through his combination of legal, business, and institutional knowledge.

The most recent analyst rating on ($HVT.A) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Haverty Furn Cl A SC stock, see the HVT.A Stock Forecast page.