Published On: Wed, Oct 19th, 2016

Analyst Review: Haverty Furniture Companies, Inc. (NYSE:HVT)


A number of investment brokers have recently updated their price targets on shares of Haverty Furniture Companies, Inc. (NYSE:HVT).

Most recent broker ratings

10/10/2016 – Haverty Furniture Companies, Inc. was downgraded to “market perform” by analysts at Raymond James.

01/27/2016 – Haverty Furniture Companies, Inc. was downgraded to “sector weight” by analysts at KeyBanc.

05/03/2015 – Haverty Furniture Companies, Inc. was downgraded to “sell” by analysts at Zacks.

11/03/2014 – Haverty Furniture Companies, Inc. had its “outperform” rating reiterated by analysts at Barrington Research. They now have a USD 30 price target on the stock.

03/03/2014 – Haverty Furniture Companies, Inc. was upgraded to “hold” by analysts at Thomson Reuters/Verus.

The share price of Haverty Furniture Companies, Inc. (NYSE:HVT) was up +1.67% during the last day of trading, with a day high of 18.33. 54855 shares were traded during the last session.

The stock’s 50 day moving average is 19.46 and its 200 day moving average is 18.99. The stock’s market capitalization is 385.15M. Haverty Furniture Companies, Inc. has a 52-week low of 16.57 and a 52-week high of 24.54.

Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website havertys.com. The Company has over 120 stores in approximately 20 states in the southern and Midwest regions with over 4.4 million square feet retail store space. It offers financing through an internal revolving charge credit plan as well as a third-party finance company. Its retail locations are operated using the Havertys name. It offers mattress product lines, such as Selay, Serta, Stearns and Foster, and Tempur-Pedic. The Company’s customers are college educated women in middle to upper-middle income households.