Loading...

Hooker Furniture

Nasdaq:HOFT
Snowflake Description

Very undervalued with adequate balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HOFT
Nasdaq
$246M
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Hooker Furniture Corporation, together with its subsidiaries, designs, manufactures, imports, and markets residential household, hospitality, and contract furniture in the United States. The last earnings update was 38 days ago. More info.


Add to Portfolio Compare Print
  • Hooker Furniture has significant price volatility in the past 3 months.
HOFT Share Price and Events
7 Day Returns
-2.2%
NasdaqGS:HOFT
-0.2%
US Consumer Durables
-1.2%
US Market
1 Year Returns
-56.8%
NasdaqGS:HOFT
0.1%
US Consumer Durables
3.4%
US Market
HOFT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hooker Furniture (HOFT) -2.2% 3.3% -26.5% -56.8% -11.3% 39.8%
US Consumer Durables -0.2% 0% 2.4% 0.1% 32.9% 25.4%
US Market -1.2% 0.7% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • HOFT underperformed the Consumer Durables industry which returned 0.1% over the past year.
  • HOFT underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
HOFT
Industry
5yr Volatility vs Market

HOFT Value

 Is Hooker Furniture undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Hooker Furniture to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hooker Furniture.

NasdaqGS:HOFT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:HOFT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.86 (1 + (1- 21%) (31.68%))
1.05
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.05 * 5.96%)
8.99%

Discounted Cash Flow Calculation for NasdaqGS:HOFT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hooker Furniture is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:HOFT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.99%)
2020 26.38 Analyst x1 24.21
2021 37.82 Analyst x1 31.84
2022 42.31 Est @ 11.88% 32.68
2023 46.18 Est @ 9.13% 32.73
2024 49.51 Est @ 7.21% 32.19
2025 52.41 Est @ 5.87% 31.27
2026 55.00 Est @ 4.93% 30.11
2027 57.34 Est @ 4.27% 28.80
2028 59.53 Est @ 3.81% 27.43
2029 61.60 Est @ 3.48% 26.05
Present value of next 10 years cash flows $297.31
NasdaqGS:HOFT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $61.60 × (1 + 2.73%) ÷ (8.99% – 2.73%)
$1,011.14
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,011.14 ÷ (1 + 8.99%)10
$427.57
NasdaqGS:HOFT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $297.31 + $427.57
$724.89
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $724.89 / 11.80
$61.46
NasdaqGS:HOFT Discount to Share Price
Calculation Result
Value per share (USD) From above. $61.46
Current discount Discount to share price of $20.88
= -1 x ($20.88 - $61.46) / $61.46
66%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hooker Furniture is available for.
Intrinsic value
>50%
Share price is $20.88 vs Future cash flow value of $61.46
Current Discount Checks
For Hooker Furniture to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hooker Furniture's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hooker Furniture's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hooker Furniture's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hooker Furniture's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:HOFT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-05) in USD $2.94
NasdaqGS:HOFT Share Price ** NasdaqGS (2019-07-19) in USD $20.88
United States of America Consumer Durables Industry PE Ratio Median Figure of 50 Publicly-Listed Consumer Durables Companies 12.74x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hooker Furniture.

NasdaqGS:HOFT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:HOFT Share Price ÷ EPS (both in USD)

= 20.88 ÷ 2.94

7.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hooker Furniture is good value based on earnings compared to the US Consumer Durables industry average.
  • Hooker Furniture is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Hooker Furniture's expected growth come at a high price?
Raw Data
NasdaqGS:HOFT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
8.5%per year
United States of America Consumer Durables Industry PEG Ratio Median Figure of 37 Publicly-Listed Consumer Durables Companies 1.64x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NasdaqGS:HOFT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.09x ÷ 8.5%

0.83x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hooker Furniture is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Hooker Furniture's assets?
Raw Data
NasdaqGS:HOFT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-05) in USD $22.43
NasdaqGS:HOFT Share Price * NasdaqGS (2019-07-19) in USD $20.88
United States of America Consumer Durables Industry PB Ratio Median Figure of 71 Publicly-Listed Consumer Durables Companies 1.43x
United States of America Market PB Ratio Median Figure of 5,247 Publicly-Listed Companies 1.79x
NasdaqGS:HOFT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:HOFT Share Price ÷ Book Value per Share (both in USD)

= 20.88 ÷ 22.43

0.93x

* Primary Listing of Hooker Furniture.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hooker Furniture is good value based on assets compared to the US Consumer Durables industry average.
X
Value checks
We assess Hooker Furniture's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Hooker Furniture has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HOFT Future Performance

 How is Hooker Furniture expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hooker Furniture expected to grow at an attractive rate?
  • Hooker Furniture's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Hooker Furniture's earnings growth is positive but not above the United States of America market average.
  • Hooker Furniture's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:HOFT Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:HOFT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 8.5%
NasdaqGS:HOFT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 2.1%
United States of America Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
United States of America Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:HOFT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:HOFT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-01-31 699 42 39 1
2020-01-31 671 32 29 1
NasdaqGS:HOFT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-05-05 676 1 35
2019-02-03 684 10 40
2018-10-28 659 24 34
2018-07-29 645 29 32
2018-04-29 633 38 31
2018-01-28 621 28 28
2017-10-29 619 25 31
2017-07-30 606 21 30
2017-04-30 586 35 27
2017-01-29 577 31 25
2016-10-30 464 37 18
2016-07-31 384 38 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hooker Furniture's earnings are expected to grow by 8.5% yearly, however this is not considered high growth (20% yearly).
  • Hooker Furniture's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:HOFT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Hooker Furniture Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HOFT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-01-31 3.30 3.30 3.30 1.00
2020-01-31 2.50 2.50 2.50 1.00
NasdaqGS:HOFT Past Financials Data
Date (Data in USD Millions) EPS *
2019-05-05 2.94
2019-02-03 3.38
2018-10-28 2.86
2018-07-29 2.69
2018-04-29 2.62
2018-01-28 2.42
2017-10-29 2.64
2017-07-30 2.59
2017-04-30 2.38
2017-01-29 2.19
2016-10-30 1.62
2016-07-31 1.48

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hooker Furniture will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hooker Furniture's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hooker Furniture has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HOFT Past Performance

  How has Hooker Furniture performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hooker Furniture's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hooker Furniture has delivered over 20% year on year earnings growth in the past 5 years.
  • Hooker Furniture's 1-year earnings growth is less than its 5-year average (12.9% vs 27.4%)
  • Hooker Furniture's earnings growth has not exceeded the US Consumer Durables industry average in the past year (12.9% vs 23.3%).
Earnings and Revenue History
Hooker Furniture's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hooker Furniture Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HOFT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-05 676.13 34.63 92.59
2019-02-03 683.50 39.79 92.56
2018-10-28 658.55 33.64 91.51
2018-07-29 645.01 31.52 90.11
2018-04-29 632.65 30.60 87.74
2018-01-28 620.63 28.19 86.45
2017-10-29 619.04 30.63 84.97
2017-07-30 606.41 29.89 84.87
2017-04-30 586.26 27.46 83.32
2017-01-29 577.22 25.22 82.57
2016-10-30 463.86 18.40 71.47
2016-07-31 383.90 16.56 61.34
2016-05-01 307.87 15.17 52.14
2016-01-31 247.00 16.13 44.43
2015-11-01 251.34 16.29 43.89
2015-08-02 249.17 14.88 43.51
2015-05-03 243.91 13.20 43.52
2015-02-01 244.35 12.53 43.75
2014-11-02 237.02 10.24 43.24
2014-08-03 232.98 9.15 42.53
2014-05-04 233.39 8.57 42.91
2014-02-02 228.29 7.90 42.22
2013-11-03 230.36 9.57 43.23
2013-08-04 228.04 9.90 42.57
2013-05-05 222.92 9.69 40.89
2013-02-03 218.36 8.59 39.61
2012-10-28 213.08 5.53 38.51
2012-07-29 210.45 5.36 38.76

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hooker Furniture has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hooker Furniture used its assets more efficiently than the US Consumer Durables industry average last year based on Return on Assets.
  • Hooker Furniture has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Hooker Furniture's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hooker Furniture has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HOFT Health

 How is Hooker Furniture's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hooker Furniture's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hooker Furniture is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hooker Furniture's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hooker Furniture's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hooker Furniture Company Filings, last reported 2 months ago.

NasdaqGS:HOFT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-05 264.62 34.00 28.25
2019-02-03 263.18 35.46 11.44
2018-10-28 250.42 37.69 29.45
2018-07-29 242.54 39.56 29.23
2018-04-29 235.32 41.43 46.56
2018-01-28 229.46 53.31 30.92
2017-10-29 222.67 55.19 32.36
2017-07-30 208.34 44.68 45.82
2017-04-30 201.83 46.13 53.78
2017-01-29 197.93 47.59 39.79
2016-10-30 187.85 49.04 43.11
2016-07-31 182.46 50.50 39.11
2016-05-01 178.16 52.05 32.35
2016-01-31 156.06 0.00 53.92
2015-11-01 152.49 0.00 49.47
2015-08-02 148.82 0.00 43.63
2015-05-03 145.87 0.00 40.53
2015-02-01 142.91 0.00 38.66
2014-11-02 140.05 0.00 33.33
2014-08-03 137.84 0.00 36.94
2014-05-04 136.58 0.00 31.69
2014-02-02 134.80 0.00 23.88
2013-11-03 133.88 0.00 29.95
2013-08-04 132.79 0.00 28.97
2013-05-05 132.13 0.00 28.73
2013-02-03 131.05 0.00 26.34
2012-10-28 128.25 0.00 33.05
2012-07-29 127.26 0.00 43.33
  • Hooker Furniture's level of debt (12.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 12.8% today).
  • Debt is not well covered by operating cash flow (4%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 32.6x coverage).
X
Financial health checks
We assess Hooker Furniture's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hooker Furniture has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HOFT Dividends

 What is Hooker Furniture's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.87%
Current annual income from Hooker Furniture dividends. Estimated to be 3.07% next year.
If you bought $2,000 of Hooker Furniture shares you are expected to receive $57 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Hooker Furniture's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Hooker Furniture's dividend is below the markets top 25% of dividend payers in United States of America (3.78%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:HOFT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:HOFT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-01-31
2020-01-31 0.64 1.00
NasdaqGS:HOFT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-06-06 0.600 2.816
2019-03-04 0.600 2.079
2018-12-06 0.600 2.085
2018-06-05 0.560 1.469
2018-03-05 0.560 1.463
2017-08-30 0.480 1.111
2017-06-06 0.480 1.160
2016-11-29 0.480 1.353
2016-09-01 0.400 1.536
2016-03-02 0.400 1.600
2015-12-02 0.400 1.440
2015-09-10 0.400 1.572
2015-09-03 0.400 1.649
2015-03-10 0.400 1.689
2014-12-01 0.400 2.287
2014-09-02 0.400 2.628
2014-03-04 0.400 2.683
2013-11-26 0.400 2.511
2013-06-03 0.400 2.536
2013-03-19 0.400 2.374
2012-12-04 0.400 2.691
2012-09-05 0.400 3.000
2012-06-04 0.400 3.460
2012-04-10 0.400 3.343
2011-12-06 0.400 3.276
2011-06-07 0.400 4.289
2011-04-12 0.400 3.502
2010-12-07 0.400 3.058
2010-09-08 0.400 3.543
2010-06-08 0.400 3.676
2010-04-13 0.400 2.514
2009-12-08 0.400 2.929
2009-09-09 0.400 3.062
2009-06-09 0.400 3.150
2009-04-14 0.400 3.497
2008-12-09 0.400 5.176
2008-09-09 0.400 3.819

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Hooker Furniture's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hooker Furniture's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hooker Furniture afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hooker Furniture has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HOFT Management

 What is the CEO of Hooker Furniture's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Paul Toms
COMPENSATION $1,539,886
AGE 64
TENURE AS CEO 18.6 years
CEO Bio

Mr. Paul B. Toms, Jr., has been the Chairman of the Board and Chief Executive Officer of Hooker Furniture Corp. of Opus Designs, LLC since December 2000 and served as its President since November 1, 2006 until August 2011. Mr. Toms joined Hooker Furniture Corp. in 1983 and served as its President and Chief Operating Officer from December 1999 to December 2000; Executive Vice President of Marketing from 1994 to December 1999; Senior Vice President of Sales & Marketing from 1993 to 1994 and Vice President of Sales from 1987 to 1993. He has been a Director of Hooker Furniture Corporation since 1993. Mr. Toms serves as a Director of Yahoo! Inc. (now Altaba Inc.).

CEO Compensation
  • Paul's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Paul's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Hooker Furniture management team in years:

2.5
Average Tenure
57
Average Age
  • The tenure for the Hooker Furniture management team is about average.
Management Team

Paul Toms

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
64
TENURE
18.6 yrs

Paul Huckfeldt

TITLE
CFO and Senior VP of Finance & Accounting
COMPENSATION
$618K
AGE
61
TENURE
8.5 yrs

Anne Jacobsen

TITLE
Chief Administration Officer
COMPENSATION
$511K
AGE
57
TENURE
5.5 yrs

Mike Delgatti

TITLE
President of Hooker Domestic Upholstery & Emerging Channels
COMPENSATION
$625K
AGE
65
TENURE
2.5 yrs

Jeremy Hoff

TITLE
President of Hooker Branded Segment
COMPENSATION
$538K
AGE
46
TENURE
1.9 yrs

Donald Boone

TITLE
Co-President of Home Meridian Segment
COMPENSATION
$683K
AGE
56
TENURE
1.1 yrs

Doug Townsend

TITLE
Co-President of Home Meridian Segment
COMPENSATION
$693K
AGE
52
TENURE
1.1 yrs

Charlene Bowling

TITLE
Chief Information Officer & VP

Johne Albanese

TITLE
VP of Corporate Marketing

Robert Sherwood

TITLE
VP of Credit
Board of Directors Tenure

Average tenure and age of the Hooker Furniture board of directors in years:

6.2
Average Tenure
65.5
Average Age
  • The tenure for the Hooker Furniture board of directors is about average.
Board of Directors

Paul Toms

TITLE
Chairman & CEO
COMPENSATION
$2M
AGE
64
TENURE
18.6 yrs

W. Beeler

TITLE
Director
COMPENSATION
$105K
AGE
67
TENURE
26.5 yrs

Ellen Taaffe

TITLE
Director
COMPENSATION
$99K
AGE
57
TENURE
4 yrs

Paulette Garafalo

TITLE
Director
COMPENSATION
$99K
AGE
63
TENURE
1.9 yrs

Henry Williamson

TITLE
Lead Director
COMPENSATION
$118K
AGE
71
TENURE
3.1 yrs

Edwin Ryder

TITLE
Director
COMPENSATION
$90K
AGE
71
TENURE
8.4 yrs

John Gregory

TITLE
Director
COMPENSATION
$90K
AGE
71
TENURE
31.5 yrs

Tonya Jackson

TITLE
Director
COMPENSATION
$90K
AGE
55
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Hooker Furniture individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
01. Jul 19 Sell Douglas Townsend Individual 27. Jun 19 27. Jun 19 -2,000 $20.95 $-41,900
01. Jul 19 Buy Douglas Townsend Individual 28. Jun 19 28. Jun 19 4,900 $21.64 $106,036
20. Jun 19 Buy Anne Jacobsen Individual 20. Jun 19 20. Jun 19 500 $19.71 $9,855
18. Jun 19 Buy Paul Toms Individual 17. Jun 19 17. Jun 19 5,000 $20.03 $100,150
26. Apr 19 Buy W. Beeler Individual 24. Apr 19 24. Apr 19 3,500 $28.32 $99,120
26. Apr 19 Buy Paul Toms Individual 25. Apr 19 25. Apr 19 1,000 $28.00 $27,979
25. Apr 19 Buy Paul Huckfeldt Individual 24. Apr 19 24. Apr 19 500 $28.87 $14,435
23. Apr 19 Buy Paul Toms Individual 23. Apr 19 23. Apr 19 1,000 $28.98 $28,969
23. Apr 19 Buy Henry Williamson Individual 22. Apr 19 22. Apr 19 8,000 $28.13 $225,040
01. Oct 18 Buy Donald Boone Individual 28. Sep 18 28. Sep 18 1,000 $33.90 $33,895
X
Management checks
We assess Hooker Furniture's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hooker Furniture has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HOFT News

Simply Wall St News

What Kind Of Shareholders Own Hooker Furniture Corporation (NASDAQ:HOFT)?

Our analysis of the ownership of the company, below, shows that institutions own shares in the company. … Insider Ownership Of Hooker Furniture The definition of company insiders can be subjective, and does vary between jurisdictions. … Shareholders would probably be interested to learn that insiders own shares in Hooker Furniture Corporation.

Simply Wall St -

Who Has Been Buying Hooker Furniture Corporation (NASDAQ:HOFT) Shares?

Check out our latest analysis for Hooker Furniture Hooker Furniture Insider Transactions Over The Last Year Lead Director Henry Williamson made the biggest insider purchase in the last 12 months. … While Hooker Furniture insiders bought shares last year, they didn't sell. … NasdaqGS:HOFT Recent Insider Trading, July 1st 2019 Insiders at Hooker Furniture Have Bought Stock Recently Over the last quarter, Hooker Furniture insiders have spent a meaningful amount on shares.

Simply Wall St -

Some Hooker Furniture (NASDAQ:HOFT) Shareholders Have Copped A Big 60% Share Price Drop

Check out our latest analysis for Hooker Furniture In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … During the unfortunate twelve months during which the Hooker Furniture share price fell, it actually saw its earnings per share (EPS) improve by 12%. … We've already covered Hooker Furniture's share price action, but we should also mention its total shareholder return (TSR).

Simply Wall St -

Did Hooker Furniture Corporation's (NASDAQ:HOFT) Recent Earnings Growth Beat The Trend?

Let's take a look at whether it is merely a result of an industry uplift, or if Hooker Furniture has experienced some company-specific growth. … However, its return on assets (ROA) of 11% exceeds the US Consumer Durables industry of 7.1%, indicating Hooker Furniture has used its assets more efficiently. … You should continue to research Hooker Furniture to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for HOFT’s future growth?

Simply Wall St -

Can Hooker Furniture Corporation's (NASDAQ:HOFT) ROE Continue To Surpass The Industry Average?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Hooker Furniture: 15% = US$40m ÷ US$263m (Based on the trailing twelve months to February 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Does Hooker Furniture Have A Good Return On Equity? … Hooker Furniture's Debt And Its 15% ROE While Hooker Furniture does have some debt, with debt to equity of just 0.13, we wouldn't say debt is excessive.

Simply Wall St -

Here's Why I Think Hooker Furniture (NASDAQ:HOFT) Might Deserve Your Attention Today

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Hooker Furniture (NASDAQ:HOFT). … Check out our latest analysis for Hooker Furniture How Quickly Is Hooker Furniture Increasing Earnings Per Share? … For growth investors like me, Hooker Furniture's raw rate of earnings growth is a beacon in the night.

Simply Wall St -

Does Hooker Furniture Corporation's (NASDAQ:HOFT) P/E Ratio Signal A Buying Opportunity?

We'll apply a basic P/E ratio analysis to Hooker Furniture Corporation's (NASDAQ:HOFT), to help you decide if the stock is worth further research. … Based on the last twelve months, Hooker Furniture's P/E ratio is 8.97. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is Hooker Furniture Corporation's (NASDAQ:HOFT) CEO Being Overpaid?

How Does Paul Toms's Compensation Compare With Similar Sized Companies. … Our data indicates that Hooker Furniture Corporation is worth US$331m, and total annual CEO compensation is US$1.6m. … When we examined a selection of companies with market caps ranging from US$200m to US$800m, we found the median CEO total compensation was US$1.6m.

Simply Wall St -

How Does Hooker Furniture Corporation (NASDAQ:HOFT) Fare As A Dividend Stock?

Could Hooker Furniture Corporation (NASDAQ:HOFT) be an attractive dividend share to own for the long haul? … Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. … A 2.0% yield is nothing to get excited about, but investors probably think the long payment history suggests Hooker Furniture has some staying power.

Simply Wall St -

How Many Hooker Furniture Corporation (NASDAQ:HOFT) Shares Do Institutions Own?

Generally speaking, as a company grows, institutions will increase their ownership. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

HOFT Company Info

Description

Hooker Furniture Corporation, together with its subsidiaries, designs, manufactures, imports, and markets residential household, hospitality, and contract furniture in the United States. The company operates through Hooker Branded, Home Meridian, and All Other segments. The Hooker Branded segment offers a range of design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand name; and imported upholstered furniture. The Home Meridian segment provides home furnishings under the Accentrics Home brand; a range of bedroom, dining room, accent, display cabinet, home office, and youth furnishings under the Pulaski Furniture and Samuel Lawrence Furniture brands; and leather motion upholstery under the Prime Resources brand. It also designs and supplies hotel furnishings for four and five-star hotels under the Samuel Lawrence Hospitality brand name. The All Other segment offers motion and stationary leather furniture under the Bradington-Young brand; occasional chairs, settees, sofas, and sectional seating under the Sam Moore Furniture brand name; and upholstered furniture, such as private label sectionals, modulars, sofas, chairs, ottomans, benches, beds, and dining chairs for lifestyle specialty retailers under the Shenandoah Furniture brand. It also supplies upholstered seating and case goods under the H Contract brand name. The company sells home furnishings products through retailers comprising independent furniture stores, department stores, mass merchants, national chains, warehouse clubs, catalog merchants, interior designers, and e-commerce retailers. Hooker Furniture Corporation was founded in 1924 and is headquartered in Martinsville, Virginia.

Details
Name: Hooker Furniture Corporation
HOFT
Exchange: NasdaqGS
Founded: 1924
$246,282,919
11,795,159
Website: http://www.hookerfurniture.com
Address: Hooker Furniture Corporation
440 East Commonwealth Boulevard,
Martinsville,
Virginia, 24112,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS HOFT Common Stock Nasdaq Global Select US USD 22. Jul 1999
Number of employees
Current staff
Staff numbers
1,263
Hooker Furniture employees.
Industry
Home Furnishings
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 01:53
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/06/19
Last earnings filing: 2019/06/14
Last earnings reported: 2019/05/05
Last annual earnings reported: 2019/02/03


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.