HVT Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Haverty Furniture Companies Inc, the DDM model generated by StockNews estimates a return of negative 9.23% in comparison to its current price. To help understand and contextualize the model's evaluation of HVT, investors may wish to consider are:

• In comparison to other stocks in the Consumer Cyclical sector, HVT provides shareholders with a dividend yield greater than 82.64% such stocks.
• If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Consumer Cyclical sector, the expected return of -9.23%, based on the stock's current share price and target price based on a dividend discount model, is greater than 76.39% of the DDM-forecasted return of its its sector peers.
• Compared to all dividend issuing stocks in our set, HVT has a discount rate lower than 76.39% of them (a lower discount rate is associated with lower risk).
• Based on dividend growth rate, Haverty Furniture Companies Inc has been increasing its dividends at a faster rate than 4.79% of US-listed dividend-issuing stocks we observed.

HVT Dividends vs. Peers