Key Points
- Insider selling: VP James Poppens sold 8,000 shares on March 6 for $224,400 and roughly 25,000+ shares across March 3–6, reducing his position by 7.15% to 103,846 shares (disclosed in an SEC filing).
- Earnings beat: Interface reported $0.49 EPS vs. $0.40 expected with revenue up 4.3% year‑over‑year, and analysts forecast about 1.37 EPS for the fiscal year, signaling improving profitability.
- Dividend increase: The board raised the quarterly payout to $0.03 (annualized $0.12) from $0.02, implying a ~0.4% yield and a modest vote of confidence in cash flow.
Interface, Inc. (NASDAQ:TILE - Get Free Report) VP James Poppens sold 8,000 shares of the company's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $28.05, for a total transaction of $224,400.00. Following the transaction, the vice president owned 103,846 shares in the company, valued at $2,912,880.30. The trade was a 7.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
James Poppens also recently made the following trade(s):
- On Thursday, March 5th, James Poppens sold 5,000 shares of Interface stock. The stock was sold at an average price of $28.11, for a total value of $140,550.00.
- On Wednesday, March 4th, James Poppens sold 2,650 shares of Interface stock. The stock was sold at an average price of $29.11, for a total value of $77,141.50.
- On Tuesday, March 3rd, James Poppens sold 10,000 shares of Interface stock. The shares were sold at an average price of $29.42, for a total transaction of $294,200.00.
Interface Stock Performance
NASDAQ TILE remained flat at $28.14 on Friday. 461,908 shares of the company were exchanged, compared to its average volume of 436,490. Interface, Inc. has a 52 week low of $17.24 and a 52 week high of $35.11. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.18 and a current ratio of 2.34. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 0.92 and a beta of 1.87. The business has a fifty day moving average of $31.18 and a 200 day moving average of $28.75.
Interface (NASDAQ:TILE - Get Free Report) last posted its earnings results on Tuesday, February 24th. The textile maker reported $0.49 EPS for the quarter, topping the consensus estimate of $0.40 by $0.09. The firm had revenue of $349.39 million for the quarter, compared to analyst estimates of $350.54 million. Interface had a return on equity of 19.54% and a net margin of 8.37%.Interface's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period last year, the company earned $0.34 earnings per share. As a group, equities research analysts anticipate that Interface, Inc. will post 1.37 EPS for the current fiscal year.
Interface Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be paid a $0.03 dividend. The ex-dividend date is Friday, March 27th. This represents a $0.12 annualized dividend and a dividend yield of 0.4%. This is a boost from Interface's previous quarterly dividend of $0.02. Interface's dividend payout ratio (DPR) is presently 4.08%.
Hedge Funds Weigh In On Interface
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CSM Advisors LLC purchased a new stake in Interface during the 2nd quarter worth about $2,623,000. HB Wealth Management LLC acquired a new position in shares of Interface in the 3rd quarter valued at $1,161,000. American Century Companies Inc. grew its holdings in shares of Interface by 3.2% during the second quarter. American Century Companies Inc. now owns 2,286,286 shares of the textile maker's stock worth $47,852,000 after purchasing an additional 71,961 shares during the last quarter. Jupiter Asset Management Ltd. grew its stake in Interface by 2.9% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 353,183 shares of the textile maker's stock worth $7,392,000 after buying an additional 10,081 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of Interface in the 3rd quarter valued at $9,696,000. Hedge funds and other institutional investors own 98.34% of the company's stock.
Trending Headlines about Interface
Here are the key news stories impacting Interface this week:
- Positive Sentiment: Quarterly earnings beat — Interface reported $0.49 EPS vs. $0.40 expected, showing improving profitability and year‑over‑year EPS growth; that beat supports valuation and investor confidence. MarketBeat TILE page
- Positive Sentiment: Dividend increase — the board raised the quarterly payout to $0.03 (annualized $0.12), signaling confidence in cash flow and adding modest income appeal. MarketBeat TILE page
- Positive Sentiment: Institutional buying — multiple hedge funds and asset managers materially increased stakes in Q4 (Fuller & Thaler, UBS, Balyasny, etc.), which can provide a stable shareholder base and reduce volatility. MarketBeat TILE page
- Neutral Sentiment: Technicals/analyst views — Zacks notes TILE is in oversold territory and analysts have been raising estimates, which could support a technical bounce; consensus target remains around $36. Zacks turnaround article
- Negative Sentiment: Insider selling — VP James Poppens sold shares on multiple days (Mar 3–6), totaling roughly 25k+ shares across consecutive transactions; while insiders still hold large positions, the volume and cadence of sales can be perceived as a near‑term negative signal. SEC filing: SEC filing
Analyst Ratings Changes
Several research firms recently weighed in on TILE. Wall Street Zen downgraded shares of Interface from a "strong-buy" rating to a "buy" rating in a research report on Sunday, March 1st. Weiss Ratings raised shares of Interface from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, February 20th. Barrington Research upped their price objective on Interface from $32.00 to $36.00 and gave the company an "outperform" rating in a report on Friday, January 23rd. Finally, Zacks Research cut Interface from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 30th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $36.00.
Check Out Our Latest Research Report on Interface
Interface Company Profile
(
Get Free Report)
Interface, Inc (NASDAQ: TILE) is a global manufacturer of modular flooring and resilient commercial flooring solutions. The company specializes in carpet tiles, luxury vinyl tile (LVT) and other environmentally responsible hard-surface products designed for use in corporate, education, healthcare, hospitality and retail environments. Interface's portfolio also includes broadloom carpet, rubber flooring and acoustic underlays, all engineered to meet performance, design and sustainability requirements in modern interior spaces.
Founded in 1973 by Ray C.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
