HNI (HNI) Expected to Announce Earnings on Wednesday

HNI (NYSE:HNI - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $580.47 million for the quarter.

HNI (NYSE:HNI - Get Free Report) last announced its earnings results on Thursday, February 20th. The business services provider reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.13. HNI had a return on equity of 18.27% and a net margin of 5.52%. The business had revenue of $642.50 million during the quarter, compared to analysts' expectations of $657.03 million. On average, analysts expect HNI to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

HNI Price Performance

HNI stock traded down $0.03 during midday trading on Monday, hitting $43.72. The company's stock had a trading volume of 29,356 shares, compared to its average volume of 297,668. HNI has a 12 month low of $39.76 and a 12 month high of $58.42. The company has a quick ratio of 0.68, a current ratio of 1.10 and a debt-to-equity ratio of 0.36. The stock's 50-day moving average price is $43.31 and its 200-day moving average price is $48.81. The company has a market capitalization of $2.06 billion, a PE ratio of 15.13, a price-to-earnings-growth ratio of 1.14 and a beta of 0.92.

HNI Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a $0.33 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.02%. HNI's payout ratio is currently 45.67%.

Insider Activity

In other HNI news, insider Brian Scott Smith sold 556 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $49.90, for a total transaction of $27,744.40. Following the completion of the sale, the insider now directly owns 14,394 shares of the company's stock, valued at approximately $718,260.60. This represents a 3.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.37% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of HNI from a "strong-buy" rating to a "buy" rating in a research report on Friday, February 21st.

About HNI

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style brands.