Hillenbrand - HI Stock Forecast, Price & News

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

2 brokerages have issued twelve-month price targets for Hillenbrand's stock. Their HI share price forecasts range from $66.00 to $66.00. On average, they predict the company's share price to reach $66.00 in the next twelve months. This suggests a possible upside of 74.9% 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 on January 1st, 2022. Since then, HI shares have decreased by 27.4% and is now trading at $37.74.
View the best growth stocks for 2022 here.

Hillenbrand saw a increase in short interest in 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 trading volume of 313,700 shares, the short-interest ratio is presently 4.7 days. Currently, 2.2% of the shares of the stock are sold short.
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) announced its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.06. The business earned $720.60 million during the quarter, compared to analysts' expectations of $712 million. Hillenbrand had a net margin of 7.03% and a trailing twelve-month return on equity of 23.13%.

Hillenbrand announced a quarterly dividend on Thursday, August 25th. Shareholders of record on Friday, September 16th will be paid 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 2.31%. The ex-dividend date 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 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 updated 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 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 variety 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.
Compare Top Brokerages Here.

One share of HI stock can currently be purchased for approximately $37.74.

Hillenbrand (NYSE:HI) has a market capitalization of $2.62 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.