I'm now looking for a third consumer cyclical sector representative for my new Ivy portfolio.

That cyclicals sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

Today I'm reviewing a small-cap home furnishings retailer, named Haverty Furniture Companies Inc. Its trading ticker symbol is HVT.

Haverty Furniture Companies is a retailer of residential furniture and accessories that was founded in 1885 and is based in Atlanta, Georgia. It sells home furnishings in its retail stores and via its website and offers mattresses products such as Sealy, Serta, Stearns & Foster, and Tempur-Pedic and Beautyrest Black. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products, as well as mattress product lines. As of October, 31, 2018 it operated 120 showrooms in 16 states in the Southern and Midwestern regions.

I use three key data points to gauge the value of any dividend equity like HVT:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys  will finally unlock an equity or fund in which to invest. Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

HVT Price

Haverty's price per share closed at $20.35 Wednesday of this week. A year ago its price was $21.95. So price slumped just $1.60 per share last year, or 7.3%.

Assuming Haverty's stock trades in the range of $17 to $23 next year, Haverty's recent $20.35 price could pick up by $1.65 and go to $23.00 by late-January 2020.

HVT Dividends

Haverty's most recent Quarterly dividend was $0.81 paid December 17th.

That $0.18 quarterly payout  equates to a  $0.72 annual payout and a yield of 3.53% at yesterday's $20.35 closing price.

Gains For HVT?

Adding the $0.72 annual estimated dividend to my $1.65 HVT estimated price upside shows a $2.37 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we put a little under $1,000.00 today at the $20.35 recent stock price would buy us 49 HVT shares.

A $10 broker fee paid half at purchase and half at sale costs $0.20 per share.

Subtract that $0.20 brokerage cost from the estimated $2.37 gross annual gain leaves a net gain of $2.17 X 49 shares

= $106.33

for a 10.65% net gain on a $997.15 investment.

So, HVT now shows a possible net gain of 10.65% including its estimated 3.53% dividend yield.

Three brokers cover this stock; all three say "Hold" HVT shares

Therefore, you can look at Haverty Furniture Companies Inc (HVT) and see it has made money, is making money, and could make 10.65% over the next year including its 3.53% estimated dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Haverty Furniture Companies Inc is worth your time and money.