Haverty Furniture Companies, Inc. (HVT)

Over the past six months, Haverty Furniture Cos., Inc. stock price has increased. Havertys announced a dividend increase, which was met with a positive market reaction. The company reported its Q3 2025 earnings, outperforming on profitability despite a modest decline in sales, which resulted in a negative stock reaction. Clarence H. Smith retired from his CEO role and transitioned to executive chairman, with Steven G. Burdette succeeding him as CEO. The company participated in various conferences, with participation in the Sidoti conference leading to a stock drop. Insiders have sold more of the company's stock than they have bought.

Demand for Haverty Furniture's products and services exhibits seasonality, often influenced by holiday promotions and broader economic factors. Memorial Day is typically the biggest holiday event for the first half of the year. Promotions around July 4th, after Thanksgiving, and New Year's were successful in 2025. Generally, furniture sales can see an increase during periods of slower home buying, while high interest rates can dampen consumer demand.

Haverty Furniture Companies, Inc. operates as a specialty retailer of residential furniture and accessories in the United States, targeting the middle to upper-middle income consumer segment. The company's major products include furniture merchandise sold under the Havertys brand name, custom upholstery products, eclectic home décor items, and mattress product lines from well-known brands.

Haverty Furniture Cos., Inc. operates approximately 121 to 127 showrooms across 16 to 17 states, primarily in the Southern and Midwestern regions of the United States. The company also sells home furnishings through its website.

Haverty Furniture has a strong and trusted brand reputation, built over its 140-year history. The company is known for providing personalized design, quality home furnishings, and an outstanding customer service experience. Its brand recognition is notably high in the regions it serves. The company's Q1 2025 earnings demonstrated resilience, outperforming on profitability despite a slight decline in net sales, which can positively contribute to its reputation for financial management.

Haverty Furniture Cos., Inc. has significant institutional ownership, ranging from 80.57% to 84.41% of its stock. Major institutional shareholders include Pzena Investment Management Llc, BlackRock, Inc., Dimensional Fund Advisors Lp, Vanguard Group Inc, Renaissance Technologies Llc, Goldman Sachs Group Inc, Lsv Asset Management, American Century Companies Inc, and Hotchkis & Wiley Capital Management Llc. Individual insider ownership stands at 8.63%.