Haverty Furn Cl A SC (HVT.A)
NYSE:HVT.A
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Haverty Furn Cl A SC
(NYSE:HVT.A)
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Rating:52Neutral
Price Target:
$23.50
▼(-7.92% Downside)
Action:Reiterated
Date:05/09/26
The score is held back primarily by weakened profitability and inconsistent free cash flow, alongside neutral-to-weak technical momentum. A very high P/E materially detracts despite the attractive dividend yield. Offsetting these, the latest earnings call was moderately positive with solid sales trends, stable gross-margin guidance, and ongoing shareholder returns.
Positive Factors
Balance Sheet Strength
A debt-free balance sheet with $125M+ cash provides durable liquidity and financial flexibility. It lets management fund store growth, remodels, buybacks and dividends without relying on external debt, and cushions the business against tariff, inventory or cyclical retail shocks.
Negative Factors
Compressed Profitability
Sharp margin compression materially weakens earnings power and returns on equity. Low net margins limit retained earnings and free cash flow, reduce the company's ability to self-fund initiatives, and make results more sensitive to modest cost or sales setbacks over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
A debt-free balance sheet with $125M+ cash provides durable liquidity and financial flexibility. It lets management fund store growth, remodels, buybacks and dividends without relying on external debt, and cushions the business against tariff, inventory or cyclical retail shocks.
Read all positive factors
Haverty Furn Cl A SC (HVT.A) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$359.60M
Dividend Yield5.36%
Average Volume (3M)17.00
Price to Earnings (P/E)19.6
Beta (1Y)0.87
Revenue Growth6.39%
EPS Growth-1.48%
CountryUS
Employees2,334
SectorConsumer Cyclical
Sector Strength84
IndustryHome Improvement
Share Statistics
EPS (TTM)0.05
Shares Outstanding1,209,976
10 Day Avg. Volume0
30 Day Avg. Volume17
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.19
Price to Sales (P/S)0.48
P/FCF Ratio11.15
Enterprise Value/Market Cap1.29
Enterprise Value/Revenue0.61
Enterprise Value/Gross Profit1.00
Enterprise Value/Ebitda9.45
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.8
Revenue Forecast (FY)$809.49M
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 a...
How the Company Makes Money
Haverty makes money primarily by selling home furnishings and related products to consumers. Its core revenue stream is merchandise sales generated through its retail showrooms and e-commerce/digital selling channels, with revenue recognized when ...
Haverty Furn Cl A SC Earnings Call Summary
Earnings Call Date:Feb 24, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Aug 04, 2026
Earnings Call Sentiment Positive
Overall the call reflects positive momentum: strong Q4 sales (+9.5% Q4, +5.0% full year), meaningful average ticket and design strength, e-commerce growth, a debt-free balance sheet and continued shareholder returns. Key near-term negatives include LIFO-driven margin pressure, elevated inventories taken on ahead of tariffs, late-quarter traffic deceleration, and ongoing tariff uncertainty. Management provided constructive 2026 guidance (gross margin 60.5%–61%, SG&A plans, CapEx ~$33.5M) and emphasized a deliberate approach to pricing and tariff impacts. On balance the positives and strategic strengths outweigh the transitory headwinds.Positive Updates
Q4 Net Sales Growth
Q4 net sales of $201.9 million, up 9.5% year-over-year; comparable store sales (comps) up 8.2%.
Negative Updates
Gross Margin Pressure and LIFO Charges
Reported gross margin declined 150 bps to 60.4% in Q4 driven by a $3.9M LIFO charge; full-year included $4.6M in LIFO charges, creating near-term margin headwinds.
Read all updates
Q4-2025 Updates
Positive
Negative
Q4 Net Sales Growth
Q4 net sales of $201.9 million, up 9.5% year-over-year; comparable store sales (comps) up 8.2%.
Read all positive updates
Company Guidance
The company guided 2026 financials with gross margins expected to be 60.5%–61.0% (noting margins will be impacted by estimated product freight and LIFO expenses and the administration’s new tariffs, which are included in guidance), fixed and discretionary SG&A of $307–$309 million (up from ~$298M in 2025, driven ~40% by occupancy cost from store growth and the remainder by modest inflation), variable SG&A of 18.6%–18.8% of sales, planned capital expenditures of $33.5 million (approximately $27.2M for new/replacement stores/remodels, $3.2M for distribution, $3.1M for IT, with ~35% of mattress/design refreshes completed), an expected effective tax rate of 26% (excludes stock award vesting and potential tax law changes), and continued monitoring of tariff developments while opening 5 new stores and completing 4 remodels in 2026; the Board also approved an additional $15M buyback authorization on February 20, 2026.Haverty Furn Cl A SC Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
63
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 766.48M | 759.00M | 722.90M | 862.13M | 1.05B | 1.01B |
| Gross Profit | 465.63M | 460.50M | 439.08M | 523.09M | 604.23M | 574.63M |
| EBITDA | 49.17M | 50.66M | 41.47M | 85.88M | 134.85M | 134.66M |
| Net Income | 9.03M | 19.73M | 19.96M | 56.32M | 89.36M | 90.80M |
Balance Sheet | ||||||
| Total Assets | 647.34M | 649.05M | 648.75M | 654.13M | 649.05M | 686.29M |
| Cash, Cash Equivalents and Short-Term Investments | 114.06M | 131.87M | 120.03M | 120.64M | 123.13M | 166.15M |
| Total Debt | 219.24M | 216.42M | 218.38M | 217.75M | 221.29M | 230.35M |
| Total Liabilities | 340.73M | 341.12M | 341.19M | 345.77M | 359.65M | 430.32M |
| Stockholders Equity | 306.61M | 307.93M | 307.56M | 308.37M | 289.40M | 255.97M |
Cash Flow | ||||||
| Free Cash Flow | 23.09M | 32.97M | 26.82M | 44.09M | 22.60M | 63.15M |
| Operating Cash Flow | 43.59M | 52.64M | 58.91M | 97.20M | 51.02M | 97.24M |
| Investing Cash Flow | -20.37M | -19.56M | -31.63M | -53.06M | -28.32M | -34.00M |
| Financing Cash Flow | -27.44M | -27.52M | -28.74M | -46.29M | -65.62M | -97.15M |
Haverty Furn Cl A SC Technical Analysis
Positive
25.52
Price Trends
22.95
Positive
24.30
Negative
23.08
Positive
Market Momentum
0.04
Negative
53.60
Neutral
70.82
Neutral
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 above the 20-day moving average (MA) of 22.71, above the 50-day MA of 22.95, and above the 200-day MA of 23.08, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 53.60 is Neutral, neither overbought nor oversold. The STOCH value of 70.82 is Neutral, 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 Risk Analysis
Haverty Furn Cl A SC disclosed 23 risk factors in its most recent earnings report. Haverty Furn Cl A SC reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Haverty Furn Cl A SC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | $312.53B | 23.60 | 113.30% | 2.67% | 2.23% | -4.48% | |
53 Neutral | $121.76B | 20.03 | -64.84% | 1.94% | 6.24% | -2.04% | |
52 Neutral | $359.60M | 19.56 | 1.56% | 5.36% | 6.39% | -1.48% | |
50 Neutral | $307.29M | 11.58 | -3.56% | ― | 10.09% | 99.49% | |
48 Neutral | $126.42M | 29.10 | 3.24% | 4.59% | 2.44% | ― | |
47 Neutral | $904.44M | 107.48 | 16.39% | ― | 7.36% | 10.24% |
* Consumer Cyclical Sector Average
HVT.A
Haverty Furn Cl A SC
24.53
4.93
25.13%
BSET
Bassett Furniture
14.64
-1.01
-6.47%
HD
Home Depot
313.07
-40.70
-11.50%
LOW
Lowe's
215.03
-1.78
-0.82%
BNED
Barnes & Noble Education
9.53
-1.02
-9.67%
ARHS
Arhaus
6.32
-1.47
-18.83%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.