Wall Street Zen Downgrades Haverty Furniture Companies

Analysts cut rating from 'strong-buy' to 'buy' amid concerns over near-term growth expectations

Published on Feb. 28, 2026

Got story updates? Submit your updates here. ›

Haverty Furniture Companies (NYSE:HVT), a specialty retailer of residential furniture and home decor, was downgraded by Wall Street Zen from a 'strong-buy' rating to a 'buy' rating in a research report issued on Saturday. Several other analysts have also recently weighed in on the stock, with Zacks Research downgrading it from a 'hold' rating to a 'strong sell' rating and Weiss Ratings reissuing a 'hold (c)' rating.

Why it matters

The downgrade and mixed analyst sentiment reflect growing concerns about Haverty Furniture's near-term growth prospects, as evidenced by a series of downward revisions to the company's earnings estimates for fiscal years 2026 and 2027. This could put pressure on the stock's valuation and future performance.

The details

In the downgrade report, Wall Street Zen cited a modest Q4 earnings beat but reduced forward-looking estimates as the primary reasons for the rating change. Specifically, analyst firm Sidoti cut its FY2026 EPS forecast to $1.95 from $2.32, a meaningful downward revision that signals slower margin or sales trends ahead. Sidoti also trimmed a series of quarterly estimates across 2026 and 2027, further reducing near-term growth expectations.

  • The downgrade report was issued on Saturday, February 28, 2026.
  • Haverty Furniture Companies reported Q4 earnings on Monday, February 23, 2026.

The players

Wall Street Zen

An equity research firm that downgraded Haverty Furniture Companies from a 'strong-buy' rating to a 'buy' rating.

Zacks Research

An investment research firm that downgraded Haverty Furniture Companies from a 'hold' rating to a 'strong sell' rating.

Weiss Ratings

A financial research firm that reissued a 'hold (c)' rating on Haverty Furniture Companies.

Sidoti

An equity research firm that significantly reduced its earnings estimates for Haverty Furniture Companies in fiscal years 2026 and 2027.

Haverty Furniture Companies

A specialty retailer of residential furniture and home decor, headquartered in Atlanta, Georgia.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The downgrade and reduced earnings estimates for Haverty Furniture Companies suggest that analysts see slower growth and margin trends ahead for the furniture retailer, which could put pressure on the stock's valuation and performance in the near term. This highlights the challenges facing the company as it navigates a shifting retail landscape and consumer preferences.