New Preferred Stock IPOs, January 2025
January saw five new preferred stock and exchange traded debt offerings with yields ranging from 6.5% to 9.125%. Notable new offerings include Gladstone Investment Corp.'s notes at 7.875%, American National Group's preferred stock at 7.375%, and Southern Company's notes at 6.5%. Investors can purchase new preferred stocks at wholesale prices on the OTC exchange, potentially avoiding capital loss if prices drop.
Ethan Allen Interiors Inc. (ETD) Q2 2025 Earnings Call Transcript
Ethan Allen Interiors Inc. (NYSE:ETD ) Q2 2025 Earnings Conference Call January 29, 2025 5:00 PM ET Company Participants Matt McNulty - Senior Vice President, Chief Financial Officer and Treasurer Farooq Kathwari - Chairman, President and CEO Conference Call Participants Brad Thomas - KeyBanc Capital Markets Cristina Fernandez - Telsey Advisory Group Operator Good afternoon. And welcome to the Ethan Allen Fiscal 2025 Second Quarter Analyst Conference Call.
Ethan Allen (ETD) Q2 Earnings and Revenues Lag Estimates
Ethan Allen (ETD) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.67 per share a year ago.
Ethan Allen Interiors: A Solid Mix Of Regular And Special Dividend
Ethan Allen Interiors offers a solid 5.5% dividend yield, supported by low debt, strong cash reserves, and consistent free cash flow. The company's vertical integration and North American manufacturing mitigate supply chain risks, contributing to stable financial performance. Management's initiatives, including technology leverage and plant consolidation, have significantly improved profitability, with gross margins consistently above 60%.
Ethan Allen Interiors Inc. (ETD) Q1 2025 Earnings Conference Call Transcript
Ethan Allen Interiors Inc. (NYSE:ETD ) Q1 2025 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Matthew McNulty - SVP, CFO and Treasurer Farooq Kathwari - Chairman, President and CEO Conference Call Participants Taylor Zick - KeyBank Capital Markets Cristina Fernandez - Telsey Advisory Group Operator Good afternoon and welcome to the Ethan Allen Fiscal 2025 First Quarter Analyst Conference Call. At this time, all participants are on a listen-only mode.
Ethan Allen (ETD) Meets Q1 Earnings Estimates
Ethan Allen (ETD) came out with quarterly earnings of $0.58 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.63 per share a year ago.
Ethan Allen Remains An Attractively Priced Source Of Quality Dividends
Ethan Allen's stock price and total shareholder returns have significantly outperformed the SPDR S&P 500 ETF Trust since my initial analysis, driven by strong profitability and free cash flow. Despite a decline in NOPAT from last year, profitability has compounded at 46.8% annually since 2020, with rising NOPAT margins and invested capital turns. ETD remains a reliable source of quality dividends, supported by substantial free cash flow, which has compounded at over 41% annually since 2020.
Should Value Investors Buy Ethan Allen Interiors Inc. (ETD) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ethan Allen: More Profitable And More Undervalued
Ethan Allen Interiors has a strong economics with core profits compounding over 45% annually, generating $163.22 million in economic earnings and $389.15 million in free cash flow. GAAP net income underestimates core profits, with NOPAT rising at a rate of 45.93% annually and NOPAT margins increasing from 2.02% to 12.19%. The company's capital allocation is working, with ROIC rising from 1.88% to 12.94% and FCF available at a 10.97% yield.
Ethan Allen Interiors Inc. (ETD) Q4 2024 Earnings Call Transcript
Ethan Allen Interiors Inc. (NYSE:ETD ) Q4 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Matthew J. McNulty - Senior Vice President, Chief Financial Officer and Treasurer Farooq Kathwari - Chairman, President and Chief Executive Officer Conference Call Participants Taylor Zick - KeyBank Capital Markets Cristina Fernández - Telsey Advisory Group Budd Bugatch - Water Tower Research Operator Good afternoon, and welcome to the Ethan Allen Fiscal 2024 Fourth Quarter Analyst Conference Call.
Ethan Allen (ETD) Beats Q4 Earnings and Revenue Estimates
Ethan Allen (ETD) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.96 per share a year ago.
Zacks Industry Outlook Williams-Sonoma and Ethan Allen Interiors
Williams-Sonoma and Ethan Allen Interiors have been highlighted in this Industry Outlook article.
