Hillenbrand - HI Stock Forecast, Price & News

1 Wall Street equities 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 equities research analysts is that investors should "buy" HI shares.
View HI analyst ratings or view top-rated stocks.

Hillenbrand's stock was trading at $42.67 on January 1st, 2023. Since then, HI shares have increased by 11.4% and is now trading at $47.53.
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Hillenbrand saw a increase in short interest in February. As of February 28th, there was short interest totaling 1,350,000 shares, an increase of 25.0% from the February 13th total of 1,080,000 shares. Based on an average daily volume of 376,700 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.0% of the shares of the stock are short sold.
View Hillenbrand's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our HI earnings forecast.

Hillenbrand, Inc. (NYSE:HI) announced its earnings results on Wednesday, February, 8th. The company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $0.91 by $0.21. The business earned $655.70 million during the quarter, compared to analyst estimates of $726.37 million. Hillenbrand had a trailing twelve-month return on equity of 22.25% and a net margin of 7.16%. The company's revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.94 earnings per share.

Hillenbrand announced a quarterly dividend on Friday, February 24th. Investors of record on Friday, March 17th will be given a dividend of $0.22 per share on Friday, March 31st. This represents a $0.88 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, March 16th.
Read our dividend analysis for HI.

ETFs with the largest weight of Hillenbrand (NYSE:HI) stock in their portfolio include Dividend Performers ETF (IPDP), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Quality ETF (XSHQ), ProShares Russell 2000 Dividend Growers ETF (SMDV), iShares S&P Small-Cap 600 Growth ETF (IJT), SPDR S&P 600 Small Cap Growth ETF (SLYG), Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

Hillenbrand (NYSE:HI) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.95%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HI will have a dividend payout ratio of 23.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HI.

Hillenbrand issued an update on its third quarter 2023 earnings guidance on Wednesday, February, 8th. The company provided EPS guidance of $0.65-$0.73 for the period, compared to the consensus earnings per share estimate of $0.97. 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), Xcel Energy (XEL), 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."

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 $47.53.

Hillenbrand (NYSE:HI) has a market capitalization of $3.30 billion and generates $2.94 billion in revenue each year. The company earns $208.90 million in net income (profit) each year or $2.88 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.