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Hooker Furniture is Among the Companies in the Home Furnishings Industry With the Highest Forward Earnings Yield (HOFT, MHK, BSET, ETH, LEG)

By Amy Schwartz

Below are the three companies in the Home Furnishings industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Hooker Furniture ranks highest with a forward earnings yield of 17.0%. Mohawk Inds is next with a forward earnings yield of 13.0%. Bassett Furn ranks third highest with a forward earnings yield of 10.9%.

Ethan Allen follows with a forward earnings yield of 7.6%, and Leggett & Platt rounds out the top five with a forward earnings yield of 6.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Hooker Furniture on April 17th, 2019 by issuing a Downtrend alert when the shares were trading at $27.47. Since that call, shares of Hooker Furniture have fallen 30.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward earnings yield hooker furniture mohawk inds bassett furn ethan allen leggett & platt

Ticker(s): HOFT MHK BSET ETH LEG