havertys began as a single store in downtown atlanta in 1885. today, with over 100 stores in 17 states, we have become one of the top retailers in the furniture industry. from modern and traditional, to rustic and eclectic, our wide range of styles, accessories and collections guarantee that we have something for everyone. we greatly value quality merchandise and continually seek to provide our customers with the highest caliber of product by ensuring that each piece of havertys furniture is made exclusively for our brand. our qualified associates and in-home designers offer expert tips and tools to make each customer’s home a fashionable representation of their own unique personality and vision. whether you’re shopping online or in-store, we aim to provide a positive buying experience. shopping with havertys has everything to do with your commitment to excellence in style and we are dedicated to making sure every havertys customer is a happy customer.
Company profile
Ticker
HVT, HVT.A
Exchange
Website
CEO
Clarence Smith
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Havertys Credit Services, Inc. ...
IRS number
580281900
HVT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
Havertys Reports Operating Results for Second Quarter 2023
1 Aug 23
SD
Conflict minerals disclosure
30 May 23
8-K
Submission of Matters to a Vote of Security Holders
12 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Havertys Reports Operating Results for First Quarter 2023
2 May 23
8-K
Entry into a Material Definitive Agreement
5 Apr 23
DEF 14A
Definitive proxy
28 Mar 23
10-K
2022 FY
Annual report
8 Mar 23
8-K
Havertys Reports Record Operating Results for Fourth Quarter and Year End 2022
21 Feb 23
Transcripts
HVT
Earnings call transcript
2023 Q2
2 Aug 23
HVT
Earnings call transcript
2023 Q1
3 May 23
HVT
Earnings call transcript
2022 Q4
22 Feb 23
HVT
Earnings call transcript
2022 Q3
2 Nov 22
HVT
Earnings call transcript
2022 Q2
3 Aug 22
HVT
Earnings call transcript
2022 Q1
3 May 22
HVT
Earnings call transcript
2021 Q4
16 Feb 22
HVT
Earnings call transcript
2021 Q3
29 Oct 21
HVT
Earnings call transcript
2021 Q2
28 Jul 21
HVT
Earnings call transcript
2021 Q1
2 May 21
Latest ownership filings
4
VICKI R PALMER
31 Aug 23
144
Notice of proposed sale of securities
21 Aug 23
4
MYLLE H MANGUM
19 May 23
144
Notice of proposed sale of securities
19 May 23
4
Janet E Taylor
10 May 23
4
CLARENCE H SMITH
10 May 23
4
JENNY H PARKER
10 May 23
4
Richard B Hare
10 May 23
4
John Linwood Gill
10 May 23
4
Kelly Allen Fladger
10 May 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 116.10 mm | 116.10 mm | 116.10 mm | 116.10 mm | 116.10 mm | 116.10 mm |
| Cash burn (monthly) | 3.65 mm | 2.84 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 11.01 mm | 8.57 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 105.10 mm | 107.54 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 28.8 | 37.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
87.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 145 |
| Opened positions | 15 |
| Closed positions | 26 |
| Increased positions | 52 |
| Reduced positions | 47 |
| 13F shares | Current |
|---|---|
| Total value | 362.18 bn |
| Total shares | 13.20 mm |
| Total puts | 400.00 |
| Total calls | 37.90 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 2.44 mm | $73.60 bn |
| Dimensional Fund Advisors | 1.24 mm | $37.49 bn |
| Vanguard | 1.04 mm | $31.51 bn |
| Renaissance Technologies | 835.11 k | $25.25 bn |
| LSV Asset Management | 799.69 k | $24.17 mm |
| STT State Street | 540.54 k | $16.34 bn |
| NTRS Northern Trust | 331.45 k | $10.02 bn |
| Geode Capital Management | 300.93 k | $9.09 bn |
| IVZ Invesco | 296.29 k | $8.95 bn |
| Charles Schwab Investment Management | 291.88 k | $8.82 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Aug 23 | Palmer Vicki R | Common Stock | Sell | Dispose S | No | No | 31.1638 | 25,000 | 779.10 k | 33,237 |
| 19 May 23 | Mangum Mylle H | Common Stock | Sell | Dispose S | No | No | 26.28 | 5,158 | 135.55 k | 3,519 |
| 8 May 23 | Cote Michael R | Phantom Stock Common Stock | Grant | Acquire A | No | No | 0 | 5,474 | 0.00 | 5,474 |
| 8 May 23 | Rawson Haverty JR | Common Stock | Grant | Acquire A | No | No | 25.57 | 1,564 | 39.99 k | 3,519 |
| 8 May 23 | Rawson Haverty JR | Common Stock | Grant | Acquire A | No | No | 25.57 | 1,955 | 49.99 k | 1,955 |
| 8 May 23 | Palmer Vicki R | Common Stock | Grant | Acquire A | No | No | 25.57 | 1,564 | 39.99 k | 58,237 |
| 8 May 23 | Palmer Vicki R | Common Stock | Grant | Acquire A | No | No | 25.57 | 1,955 | 49.99 k | 56,673 |
News
Thursday Is Your Last Chance To Buy Haverty Furniture Cos Before The Dividend Payout
22 Aug 23
Benchmark Reiterates Buy on Haverty Furniture Cos, Maintains $41 Price Target
2 Aug 23
Haverty Furniture Cos Q2 EPS $0.70 Misses $0.79 Estimate, Sales $206.29M Miss $226.60M Estimate
1 Aug 23
Top 5 Consumer Stocks That Could Sink Your Portfolio In Q3
1 Aug 23
Earnings Scheduled For August 1, 2023
1 Aug 23