Haverty Furniture Cos. (HVT)

Company Profile

Haverty Furniture Companies Inc., established in 1885, is a full-service home furnishings retailer with 120 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges.

Company profile

Ticker

HVT, HVT.A

Exchange

NYSE

Website

www.havertys.com

CEO

Clarence Smith

Incorporated

Maryland

Location

Georgia

Fiscal year end

Dec 31

Sector

Retail Trade > Furniture Stores

Industry (SIC)

Retail - Furniture Stores

RH • Arhaus • Lovesac • Restoration Hardware • Naples Soap • Mattress Firm ...

SEC CIK

0000216085

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Havertys Credit Services, Inc. ...

IRS number

580281900

HVT stock data

1M 1Y 5Y

Latest filings (excl ownership)

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28 Mar 23

8 Mar 23

Havertys Reports Record Operating Results for Fourth Quarter and Year End 2022

21 Feb 23

8-K

Havertys Elects Michael R. Cote to Board of Directors

4 Nov 22

Havertys Reports Operating Results for Third Quarter 2022

2 Nov 22

8-K

Entry into a Material Definitive Agreement

5 Aug 22

Havertys Reports Operating Results for Second Quarter 2022

3 Aug 22

Conflict minerals disclosure

20 May 22

Transcripts

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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

HVT

Earnings call transcript

2020 Q4

18 Feb 21

HVT

Earnings call transcript

2020 Q3

1 Nov 20

Latest ownership filings

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Financial summary

Financial statements Chart HVT financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 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)	129.93 mm	129.93 mm	129.93 mm	129.93 mm	129.93 mm	129.93 mm
Cash burn (monthly)	4.68 mm	3.58 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	14.14 mm	10.80 mm	n/a	n/a	n/a	n/a
Cash remaining	115.79 mm	119.13 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	24.7	33.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

HVT institutional ownership history Ownership history

96.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	164	156	+5.1%
Opened positions	27	22	+22.7%
Closed positions	19	18	+5.6%
Increased positions	46	42	+9.5%
Reduced positions	63	67	-6.0%

13F shares	Current	Prev Q	Change
Total value	355.57 bn	336.92 mm	+105438.0%
Total shares	14.30 mm	13.49 mm	+6.0%
Total puts	12.20 k	28.70 k	-57.5%
Total calls	90.10 k	68.30 k	+31.9%
Total put/call ratio	0.1	0.4	-67.8%

Largest owners	Shares	Value	Change
BLK Blackrock	2.74 mm	$81.78 bn	-4.4%
Dimensional Fund Advisors	1.22 mm	$36.59 mm	+1.1%
Vanguard	967.94 k	$28.94 bn	-4.4%
Renaissance Technologies	838.41 k	$25.18 bn	-7.4%
LSV Asset Management	745.60 k	$22.29 mm	-1.1%
STT State Street	632.06 k	$18.90 bn	NEW
First Trust Advisors	348.76 k	$10.43 bn	-3.7%
NTRS Northern Trust	341.15 k	$10.20 bn	-1.0%
IVZ Invesco	312.92 k	$9.36 bn	+73.2%
Charles Schwab Investment Management	294.75 k	$8.81 bn	+0.8%

Largest transactions	Shares	Bought/sold	Change
STT State Street	632.06 k	+632.06 k	NEW
Norges Bank	138.50 k	+138.50 k	NEW
IVZ Invesco	312.92 k	+132.28 k	+73.2%
BLK Blackrock	2.74 mm	-126.95 k	-4.4%
GS Goldman Sachs	287.91 k	+119.85 k	+71.3%
Jacobs Levy Equity Management	94.36 k	-114.67 k	-54.9%
Millennium Management	132.96 k	+111.34 k	+515.0%
Balyasny Asset Management	0.00	-111.29 k	EXIT
Arrowstreet Capital, Limited Partnership	242.37 k	+97.55 k	+67.4%
Fund 1 Investments	72.72 k	+72.72 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HVT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Mar 23	Richard B Hare	Common Stock	Sell	Dispose S	No	No	32.2879	7,100	229.24 k	15,878
7 Mar 23	Clarence H Smith	Common Stock	Sell	Dispose S	No	No	34.287	13,880	475.90 k	34,300
6 Mar 23	Steven G Burdette	Common Stock	Sell	Dispose S	No	No	34	3,789	128.83 k	13,351
28 Feb 23	Steven G Burdette	Common Stock	Payment of exercise	Dispose F	No	No	37.74	7,107	268.22 k	17,140
28 Feb 23	Steven G Burdette	Common Stock	Option exercise	Acquire M	No	No	0	2,293	0.00	24,247
28 Feb 23	Steven G Burdette	Common Stock	Option exercise	Acquire M	No	No	0	13,377	0.00	21,954
28 Feb 23	Steven G Burdette	PRSUs 2020.1 Common Stock	Option exercise	Dispose M	No	No	0	2,293	0.00	0
28 Feb 23	Steven G Burdette	PRSUs 2020 Common Stock	Option exercise	Dispose M	No	No	0	13,377	0.00	0
28 Feb 23	Bautista Helen Berry	Common Stock	Payment of exercise	Dispose F	No	No	37.74	1,482	55.93 k	6,034
28 Feb 23	Bautista Helen Berry	Common Stock	Option exercise	Acquire M	No	No	0	720	0.00	6,754