Ethan Allen Interiors Inc (ETD) is a U.S.-based company that manufactures and retails home furnishings & accessories.The firm conducts activities through its wholly owned subsidiary, Ethan Allen Global, Inc., which operates through its own subsidiaries. The company does business across North America, Europe, Asia, & the Middle East.The vast majority of the firm’s products are produced in its U.S. plants. Geographically, the majority of the company’s revenue is produced in the U.S.The company markets and sells its products under the Ethan Allen brand through home furnishing retail networks and independent retailers, as well as through ethanallen.com website.Ethan Allen Interiors Inc. was founded in 1932 and is headquartered in Danbury, Connecticut.Three key data points gauge Ethan Allen Interiors Inc or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys best tell whether any company has made, is making, and will make money.
ETD Price
Over the past year, Ethan Allen’s share price fell about 3.5% from $28.38 to $27.39 as of Wednesday’s market close.If Ethan Allen’s stock trades in the range of $25.00 to $35.00 this next year, its recent $27.40 share price might rise to $30.00 by next year. Of course, Ethan Allen’s price could drop about the same $2.60 estimated amount, or more.My upside estimate of $2.60, however, is about equal to the median of one-year price targets from analysts covering ETD for brokers
ETD Dividend
Ethan Allen Interiors Inc has paidQuarterly dividends since July 25, 1996.ETD’s most recent monthly dividend, of $0.36 was paid to shareholders of record as of November 6, 2023 on today, November 22nd.The forward looking $1.44 annual dividend yields 5.26% at Wednesday’s $27.40 share price,
ETD Returns
Putting it all together, we add the estimated forward looking annual dividend of$1.44 to my estimated price upside of $2.60 and find a $4.04 gross gain.At Wednesday’s $27.40 closing price, a little under $1000 would buy 36 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.28 per share.Subtracting that likely $0.28 brokerage cost from the $4.04 estimated gross gain per share produces a net gain of $3.76 X36shares = $135.36 or a 13.5% net gain.You might choose to pounce on Ethan Allen Interiors Inc shares. ETD is a ninety-one year old Connecticut home furnishes and accessories company. Furthermore the estimated $52.60 dividend income from $1k invested is over 1.9 times greater than Wednsday’s single share price.The tracks of Ethan Allen’s ongoing future prices and dividends are yet to be known.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Gamehost
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