Hillenbrand - HI Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hillenbrand in the last twelve months. There are currently 2 buy ratings 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.

2 brokers have issued 12-month price objectives for Hillenbrand's shares. Their HI share price forecasts range from $66.00 to $66.00. On average, they predict the company's stock price to reach $66.00 in the next twelve months. This suggests a possible upside of 79.8% from the stock's current price.
View analysts price targets for HI or view top-rated stocks among Wall Street analysts.

Hillenbrand's stock was trading at $51.99 at the beginning of 2022. Since then, HI stock has decreased by 29.4% and is now trading at $36.70.
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Hillenbrand saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 1,480,000 shares, an increase of 9.6% from the July 31st total of 1,350,000 shares. Based on an average daily volume of 313,700 shares, the short-interest ratio is currently 4.7 days. Approximately 2.2% 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, November 16th 2022.
View our HI earnings forecast.

Hillenbrand, Inc. (NYSE:HI) issued its earnings results on Wednesday, August, 3rd. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.06. The company earned $720.60 million during the quarter, compared to analyst estimates of $712 million. Hillenbrand had a net margin of 7.03% and a trailing twelve-month return on equity of 23.13%.

Hillenbrand declared a quarterly dividend on Thursday, August 25th. Stockholders 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 2.38%. The ex-dividend date is Thursday, September 15th. This is a positive change 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 2.31%. 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 30.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HI will have a dividend payout ratio of 20.76% 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 FY 2022 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of $3.85-$3.95 for the period, compared to the consensus EPS estimate of $3.89. The company issued revenue guidance of $2.91 billion-$2.94 billion, compared to the consensus revenue estimate of $2.93 billion.

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 a number of retail and institutional investors. Top institutional investors include Clarkston Capital Partners LLC (7.32%), State Street Corp (3.67%), Victory Capital Management Inc. (1.92%), Goldman Sachs Group Inc. (1.41%), Allspring Global Investments Holdings LLC (1.33%) and Bernzott Capital Advisors (1.31%). 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.
View institutional ownership trends.

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 $36.70.

Hillenbrand (NYSE:HI) has a market capitalization of $2.55 billion and generates $2.86 billion in revenue each year. The company earns $249.90 million in net income (profit) each year or $2.83 on an earnings per share basis.

The company employs 10,500 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.