Haverty Furniture Companies (NYSE:HVT.A) Issues Quarterly Earnings Results

Haverty Furniture Companies (NYSE:HVT.A - Get Free Report) announced its earnings results on Tuesday. The company reported $0.26 earnings per share (EPS) for the quarter, Zacks reports.Haverty Furniture Companies Price PerformanceShares of NYSE HVT.A opened at $23.06 on Tuesday. The stock's 50-day moving average is $24.13 and its two-hundred day moving average is $24.37. The company has a market cap of $372.11 million, a price-to-earnings ratio of 19.71 and a beta of 0.83. Haverty Furniture Companies has a 1-year low of $18.06 and a 1-year high of $44.99. About Haverty Furniture Companies (Get Free Report)Haverty Furniture Companies, Inc is a publicly traded real estate investment trust specializing in owning and managing retail and distribution properties for the furniture industry. Established in 2019 as a spin-off from Havertys Furniture Stores, Inc, the company's portfolio consists of strategically located facilities—including showroom locations and distribution centers—leased primarily to its former parent under long-term, net lease agreements. By focusing on single-tenant commercial real estate tailored to furniture retailing and logistics, Haverty Furniture Companies aims to deliver stable, predictable rental income and to support the growth of its tenant's national retail network. At the time of its formation, Haverty Furniture Companies acquired a mix of properties encompassing corporate distribution centers, regional distribution hubs and retail showrooms across several key markets in the Southeastern and Southwestern United States.See AlsoFive stocks we like better than Haverty Furniture CompaniesThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Haverty Furniture Companies Right Now?Before you consider Haverty Furniture Companies, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Haverty Furniture Companies wasn't on the list.While Haverty Furniture Companies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here