Hillenbrand - HI Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hillenbrand in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" HI shares.
View HI analyst ratings or view top-rated stocks.

Hillenbrand's stock was trading at $51.99 at the beginning of the year. Since then, HI shares have decreased by 6.9% and is now trading at $48.42.
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Hillenbrand saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 1,170,000 shares, a decrease of 12.7% from the October 15th total of 1,340,000 shares. Based on an average daily trading volume, of 368,300 shares, the days-to-cover ratio is currently 3.2 days. Currently, 1.7% of the shares of the company are short sold.
View Hillenbrand's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our HI earnings forecast.

Hillenbrand, Inc. (NYSE:HI) posted its quarterly earnings results on Wednesday, November, 17th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.10. The company had revenue of $754.90 million for the quarter, compared to analyst estimates of $727.75 million. Hillenbrand had a trailing twelve-month return on equity of 23.68% and a net margin of 7.10%. The business's quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.92 EPS.

Hillenbrand declared a quarterly dividend on Thursday, August 25th. Shareholders of record on Friday, September 16th will be given a dividend of $0.218 per share on Friday, September 30th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Thursday, September 15th. This is a boost from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for HI.

Hillenbrand (NYSE:HI) pays an annual dividend of $0.87 per share and currently has a dividend yield of 1.78%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HI.

Hillenbrand issued an update on its first quarter 2023 earnings guidance on Thursday, November, 17th. The company provided earnings per share (EPS) guidance of $0.85-$0.93 for the period, compared to the consensus earnings per share estimate of $0.99. The company issued revenue guidance of -.

11 employees have rated Hillenbrand Chief Executive Officer Joe Raver on Glassdoor.com. Joe Raver has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hillenbrand investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), Kroger (KR), Pfizer (PFE), Target (TGT), Abbott Laboratories (ABT), General Mills (GIS), Verizon Communications (VZ) and Cisco Systems (CSCO).

Hillenbrand trades on the New York Stock Exchange (NYSE) under the ticker symbol "HI."

Hillenbrand's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.40%), Vanguard Group Inc. (10.94%), Clarkston Capital Partners LLC (7.33%), State Street Corp (3.61%), LSV Asset Management (3.43%) and Dimensional Fund Advisors LP (2.15%). Insiders that own company stock include Christopher H Trainor, F Joseph Loughrey, Glennis A Williams, J Michael Whitted, Joe Anthony Raver, Kimberly K Ryan, Kristina A Cerniglia, Megan A Walke, Michael M Jones, Nicholas R Farrell and Robert M Vanhimbergen.
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Shares of HI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HI stock can currently be purchased for approximately $48.42.

Hillenbrand (NYSE:HI) has a market capitalization of $3.34 billion and generates $2.94 billion in revenue each year. The company earns $208.90 million in net income (profit) each year or $2.90 on an earnings per share basis.

The company employs 11,000 workers across the globe.

Hillenbrand's mailing address is ONE BATESVILLE BOULEVARD, BATESVILLE IN, 47006. The official website for the company is www.hillenbrand.com. The company can be reached via phone at (812) 934-7000, via email at rich.dudley@hillenbrand.com, or via fax at 812-934-7613.