HNI Corp Company Profile (NYSE:HNI)

About HNI Corp (NYSE:HNI)

HNI Corp logoHNI Corporation is a provider of office furniture and hearth products. The Company's office furniture products include panel-based and freestanding furniture systems, seating, storage and tables. The Company's segments include office furniture and hearth products. The office furniture segment manufactures and markets a line of metal and wood commercial and home office furniture, which includes storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions, and panel systems and other related products. The hearth products segment manufactures and markets a line of gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories, principally for the home. It offers hearth products under various brands, such as Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman Stove, Vermont Castings and PelPro. Its office furniture products are sold under various brands, such as HON, OFM, basyx by HON, Lamex and ERGO.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Equipment
  • Sub-Industry: Office Services & Supplies
  • Symbol: NYSE:HNI
  • CUSIP: 40425110
  • Web:
  • Market Cap: $1.87 billion
  • Outstanding Shares: 44,239,000
Average Prices:
  • 50 Day Moving Avg: $45.48
  • 200 Day Moving Avg: $48.45
  • 52 Week Range: $37.24 - $56.96
  • Trailing P/E Ratio: 24.44
  • Foreward P/E Ratio: 12.62
  • P/E Growth: 1.66
Sales & Book Value:
  • Annual Revenue: $2.18 billion
  • Price / Sales: 0.86
  • Book Value: $11.33 per share
  • Price / Book: 3.73
  • Annual Dividend: $1.10
  • Dividend Yield: 2.7%
  • EBIDTA: $241.16 million
  • Net Margins: 3.88%
  • Return on Equity: 23.75%
  • Return on Assets: 8.95%
  • Debt-to-Equity Ratio: 0.36%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.70%
  • Average Volume: 209,573 shs.
  • Beta: 1.44
  • Short Ratio: 6.24

Frequently Asked Questions for HNI Corp (NYSE:HNI)

What is HNI Corp's stock symbol?

HNI Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "HNI."

How often does HNI Corp pay dividends? What is the dividend yield for HNI Corp?

HNI Corp declared a quarterly dividend on Tuesday, May 9th. Shareholders of record on Friday, May 19th will be paid a dividend of $0.285 per share on Thursday, June 1st. This represents a $1.14 annualized dividend and a yield of 2.70%. The ex-dividend date is Wednesday, May 17th. This is an increase from HNI Corp's previous quarterly dividend of $0.28. View HNI Corp's Dividend History.

How were HNI Corp's earnings last quarter?

HNI Corp (NYSE:HNI) announced its quarterly earnings results on Wednesday, April, 19th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.04. The firm earned $477.70 million during the quarter, compared to analysts' expectations of $470.07 million. HNI Corp had a return on equity of 23.75% and a net margin of 3.88%. The company's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 earnings per share. View HNI Corp's Earnings History.

When will HNI Corp make its next earnings announcement?

HNI Corp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for HNI Corp.

What guidance has HNI Corp issued on next quarter's earnings?

HNI Corp updated its FY17 earnings guidance on Wednesday, April, 19th. The company provided earnings per share guidance of $2.80-$3.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.94. HNI Corp also updated its Q2 guidance to $0.65-$0.72 EPS.

Where is HNI Corp's stock going? Where will HNI Corp's stock price be in 2017?

4 brokerages have issued 12 month price objectives for HNI Corp's stock. Their forecasts range from $35.00 to $59.00. On average, they expect HNI Corp's share price to reach $47.00 in the next year. View Analyst Ratings for HNI Corp.

Who are some of HNI Corp's key competitors?

Who owns HNI Corp stock?

HNI Corp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Farm Mutual Automobile Insurance Co. (16.65%), BlackRock Inc. (10.23%), Vanguard Group Inc. (8.75%), State Street Corp (3.14%), Dimensional Fund Advisors LP (2.39%) and Frontier Capital Management Co. LLC (2.32%). Company insiders that own HNI Corp stock include Bradley D Determan, Donald T Mead, Jeffrey D Lorenger, Jerald K Dittmer, Larry B Porcellato, Marco Molinari, Miguel M Calado, Ronald V Waters, Stanley A Askren and Steven M Bradford. View Institutional Ownership Trends for HNI Corp.

Who sold HNI Corp stock? Who is selling HNI Corp stock?

HNI Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., TIAA CREF Investment Management LLC, Teachers Advisors LLC, Systematic Financial Management LP, First Trust Advisors LP, State Street Corp and Bank of America Corp DE. Company insiders that have sold HNI Corp stock in the last year include Donald T Mead, Jeffrey D Lorenger, Jerald K Dittmer, Larry B Porcellato, Marco Molinari, Miguel M Calado, Ronald V Waters, Stanley A Askren and Steven M Bradford. View Insider Buying and Selling for HNI Corp.

Who bought HNI Corp stock? Who is buying HNI Corp stock?

HNI Corp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, AQR Capital Management LLC, JPMorgan Chase & Co., Highbridge Capital Management LLC and Dalton Greiner Hartman Maher & Co.. View Insider Buying and Selling for HNI Corp.

How do I buy HNI Corp stock?

Shares of HNI Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of HNI Corp stock cost?

One share of HNI Corp stock can currently be purchased for approximately $42.28.

Analyst Ratings

Consensus Ratings for HNI Corp (NYSE:HNI) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $47.00 (11.16% upside)

Analysts' Ratings History for HNI Corp (NYSE:HNI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/28/2017SidotiUpgradeNeutral -> BuyN/AView Rating Details
2/7/2017Off Wall StreetReiterated RatingStrong Sell$35.00N/AView Rating Details
11/4/2016Seaport Global SecuritiesInitiated CoverageNeutralN/AView Rating Details
9/20/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/22/2015 forward)


Earnings History for HNI Corp (NYSE:HNI)
Earnings by Quarter for HNI Corp (NYSE:HNI)
Earnings History by Quarter for HNI Corp (NYSE:HNI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017Q1 2017$0.22$0.26$470.07 million$477.70 millionViewN/AView Earnings Details
2/8/2017Q416$0.85$0.82$581.50 million$581.30 millionViewListenView Earnings Details
10/19/2016Q316$0.77$0.80$583.70 million$584.60 millionViewN/AView Earnings Details
7/21/2016Q216$0.65$0.68$531.90 million$536.54 millionViewN/AView Earnings Details
4/21/2016Q1$0.17$0.31$495.00 million$501.00 millionViewN/AView Earnings Details
2/10/2016Q415$0.90$0.91$608.95 million$596.90 millionViewListenView Earnings Details
10/21/2015Q315$0.87$0.93$661.95 million$615.90 millionViewListenView Earnings Details
7/22/2015Q215$0.50$0.53$581.67 million$568.20 millionViewListenView Earnings Details
4/22/2015Q115$0.22$0.21$539.30 million$523.48 millionViewListenView Earnings Details
2/11/2015Q414$0.67$0.65$624.27 million$646.70 millionViewListenView Earnings Details
10/15/2014Q314$0.70$0.81$593.30 million$614.70 millionViewListenView Earnings Details
7/16/2014Q214$0.36$0.39$352.10 million$509.10 millionViewListenView Earnings Details
4/16/2014Q114$0.10$0.12$457.30 million$452.20 millionViewListenView Earnings Details
2/5/2014Q413$0.46$0.50$536.05 million$541.30 millionViewListenView Earnings Details
10/17/2013Q313$0.59$0.62$573.28 million$565.70 millionViewListenView Earnings Details
7/17/2013Q2 2013$0.25$0.28$509.25 million$510.70 millionViewListenView Earnings Details
4/17/2013Q1 2013($0.02)$0.03$438.33 million$442.30 millionViewListenView Earnings Details
2/5/2013Q4 2012$0.43$0.40$519.83 million$527.50 millionViewListenView Earnings Details
10/17/2012$0.55$0.55ViewN/AView Earnings Details
7/18/2012$0.17$0.17ViewN/AView Earnings Details
2/7/2012$0.40$0.41ViewN/AView Earnings Details
10/19/2011$0.41$0.55ViewN/AView Earnings Details
7/20/2011$0.10$0.11ViewN/AView Earnings Details
4/20/2011($0.05)($0.02)ViewN/AView Earnings Details
2/8/2011$0.25$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for HNI Corp (NYSE:HNI)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.66$0.66$0.66
Q3 20171$0.97$0.97$0.97
Q4 20171$1.16$1.16$1.16
(Data provided by Zacks Investment Research)


Current Dividend Information for HNI Corp (NYSE:HNI)
Next Dividend:6/1/2017
Annual Dividend:$1.10
Dividend Yield:2.60%
Dividend Growth:4.30% (3 Year Average)
Payout Ratio:58.51% (Trailing 12 Months of Earnings)
37.04% (Based on This Year's Estimates)
32.84% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for HNI Corp (NYSE:HNI)

Dividend History by Quarter for HNI Corp (NYSE:HNI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for HNI Corp (NYSE:HNI)
Insider Ownership Percentage: 5.00%
Institutional Ownership Percentage: 67.13%
Insider Trades by Quarter for HNI Corp (NYSE:HNI)
Institutional Ownership by Quarter for HNI Corp (NYSE:HNI)
Insider Trades by Quarter for HNI Corp (NYSE:HNI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/17/2017Stanley A. AskrenChairmanSell11,264$46.01$518,256.64View SEC Filing  
3/31/2017Stanley A AskrenChairmanSell5,400$46.00$248,400.00View SEC Filing  
3/24/2017Stanley A AskrenChairmanSell3,100$46.01$142,631.00View SEC Filing  
3/20/2017Stanley A AskrenChairmanSell2,764$46.51$128,553.64View SEC Filing  
3/20/2017Steven M. BradfordVPSell31,745$45.49$1,444,080.05View SEC Filing  
9/20/2016Ronald V WatersDirectorSell5,000$44.70$223,500.00View SEC Filing  
8/29/2016Jerald K DittmerInsiderSell8,200$55.89$458,298.00View SEC Filing  
8/26/2016Donald T. MeadInsiderSell26,343$54.60$1,438,327.80View SEC Filing  
8/24/2016Miguel M CaladoDirectorSell4,366$54.38$237,423.08View SEC Filing  
8/15/2016Jerald K DittmerInsiderSell42,957$53.27$2,288,319.39View SEC Filing  
8/12/2016Jerald K DittmerInsiderSell1,460$53.26$77,759.60View SEC Filing  
8/11/2016Jerald K DittmerInsiderSell4,422$53.27$235,559.94View SEC Filing  
8/9/2016Jerald K DittmerInsiderSell1,404$53.50$75,114.00View SEC Filing  
7/29/2016Stanley A AskrenChairmanSell58,676$52.30$3,068,754.80View SEC Filing  
7/28/2016Larry B PorcellatoDirectorSell5,000$52.72$263,600.00View SEC Filing  
7/26/2016Jeffrey D. LorengerInsiderSell36,483$52.20$1,904,412.60View SEC Filing  
5/23/2016Marco MolinariEVPSell46,360$43.15$2,000,434.00View SEC Filing  
4/26/2016Bradley D DetermanEVPSell48,092$43.66$2,099,696.72View SEC Filing  
3/9/2015Steven M BradfordVPSell7,184$50.84$365,234.56View SEC Filing  
3/5/2015Kurt A TjadenCFOSell12,931$50.35$651,075.85View SEC Filing  
2/27/2015Marco MolinariEVPSell42,643$51.11$2,179,483.73View SEC Filing  
2/24/2015Stanley A AskrenCEOSell63,434$51.40$3,260,507.60View SEC Filing  
2/23/2015Miguel M CaladoDirectorSell4,531$51.73$234,388.63View SEC Filing  
2/20/2015Bradley D DetermanEVPSell7,000$52.00$364,000.00View SEC Filing  
2/17/2015Bradley D DetermanEVPSell35,747$52.39$1,872,785.33View SEC Filing  
11/24/2014Steven M BradfordVPSell11,646$47.34$551,321.64View SEC Filing  
11/17/2014Kurt A TjadenCFOSell36,923$47.15$1,740,919.45View SEC Filing  
11/14/2014Stanley A AskrenCEOSell63,000$47.14$2,969,820.00View SEC Filing  
11/5/2014Stanley A AskrenCEOSell23,113$46.49$1,074,523.37View SEC Filing  
11/4/2014Donald T MeadEVPSell13,111$46.44$608,874.84View SEC Filing  
11/3/2014Stanley A AskrenCEOSell31,987$47.06$1,505,308.22View SEC Filing  
11/3/2014Steven M BradfordVPSell10,000$46.62$466,200.00View SEC Filing  
10/31/2014Donald T MeadEVPSell3,800$46.46$176,548.00View SEC Filing  
10/30/2014Jeffrey D LorengerEVPSell18,422$45.68$841,516.96View SEC Filing  
10/29/2014Bradley D DetermanEVPSell7,200$44.35$319,320.00View SEC Filing  
10/28/2014Jerald K DittmerEVPSell9,200$44.00$404,800.00View SEC Filing  
10/24/2014Marco MolinariEVPSell48,335$42.35$2,046,987.25View SEC Filing  
5/27/2014Kurt A TjadenCFOSell5,000$37.86$189,300.00View SEC Filing  
3/7/2014Bradley DetermanEVPSell24,000$36.20$868,800.00View SEC Filing  
12/2/2013Marco MolinariEVPSell27,480$39.36$1,081,612.80View SEC Filing  
11/22/2013Jerald DittmerEVPSell5,805$39.18$227,439.90View SEC Filing  
11/13/2013Abbie SmithDirectorSell6,919$38.42$265,827.98View SEC Filing  
10/23/2013Dennis J MartinDirectorSell3,310$39.04$129,222.40View SEC Filing  
10/22/2013Bradley D DetermanEVPSell24,677$39.05$963,636.85View SEC Filing  
8/13/2013Jerald DittmerEVPSell3,040$38.51$117,070.40View SEC Filing  
7/26/2013Kurt A TjadenCFOSell5,000$39.11$195,550.00View SEC Filing  
6/6/2013Jeffrey D LorengerEVPSell5,000$35.53$177,650.00View SEC Filing  
5/1/2013Bradley D DetermanEVPSell3,703$34.23$126,753.69View SEC Filing  
2/26/2013Donald T MeadEVPSell5,000$30.89$154,450.00View SEC Filing  
2/25/2013Bradley D DetermanEVPSell22,531$31.48$709,275.88View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for HNI Corp (NYSE:HNI)
Latest Headlines for HNI Corp (NYSE:HNI)
DateHeadline logoHNI Corp. : HNI-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 18, 2017 - May 19 at 10:13 AM logoBRIEF-HNI CORP INCREASES QUARTERLY DIVIDEND 4 PCT TO $0.285 PER SHARE - May 9 at 12:36 PM logoHNI Corporation Increases Quarterly Dividend 4% - May 9 at 12:36 PM logoHNI Corp (HNI) Increases Dividend to $0.29 Per Share - May 9 at 11:26 AM logoZacks: Analysts Expect HNI Corp (HNI) to Post $0.71 EPS - May 5 at 8:22 PM logoHNI Corp (HNI) Getting Somewhat Negative Press Coverage, Study Finds - April 29 at 11:15 AM logoHNI Corp. breached its 50 day moving average in a Bullish Manner : HNI-US : April 26, 2017 - April 26 at 7:37 PM logoHNI Corp (HNI) Getting Somewhat Favorable Media Coverage, Analysis Finds - April 26 at 6:32 PM logoHNI Corp (HNI) Rating Lowered to Sell at Zacks Investment Research - April 24 at 10:16 PM logoSeaport Global Securities Analysts Reduce Earnings Estimates for HNI Corp (HNI) - April 24 at 9:12 AM logoPositive News Coverage Very Likely to Impact HNI Corp (HNI) Share Price - April 23 at 4:21 PM logoEdited Transcript of HNI earnings conference call or presentation 20-Apr-17 3:00pm GMT - April 21 at 10:57 AM logoHNI Corp Q1 Earnings Retreat 14% - April 20 at 5:47 PM logoHNI Corporation 2017 Q1 - Results - Earnings Call Slides - April 20 at 11:48 AM
News IconBRIEF-HNI Q1 non-gaap earnings per share $0.26 - April 19 at 10:34 PM logoHNI Corp (HNI) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS - April 19 at 9:48 PM logoHNI Corporation Reports Earnings For First Quarter Fiscal Year 2017 - April 19 at 5:32 PM logoHNI Corp (HNI) Releases FY17 Earnings Guidance - April 19 at 5:22 PM logoHNI Corp (HNI) Issues Q2 Earnings Guidance - April 19 at 5:22 PM logoHNI posts 1Q profit - April 19 at 5:14 PM logoInsider Selling: HNI Corp (HNI) Chairman Sells 11,264 Shares of Stock - April 18 at 7:55 PM logoHNI Corp (HNI) Receiving Somewhat Positive Media Coverage, Study Finds - April 17 at 11:03 PM logoHNI Corp (HNI) to Release Quarterly Earnings on Wednesday - April 17 at 7:48 AM logo Brokerages Anticipate HNI Corp (HNI) Will Post Quarterly Sales of $468.95 Million - April 16 at 8:02 AM logoHNI Corp (HNI) Stock Rating Lowered by Zacks Investment Research - April 15 at 3:32 PM logoPositive Media Coverage Very Likely to Impact HNI Corp (HNI) Stock Price - April 14 at 10:49 PM logoHNI Corp (HNI) Expected to Announce Earnings of $0.22 Per Share - April 14 at 10:18 PM logoHNI Corp (HNI) Downgraded to "Sell" at Zacks Investment Research - April 14 at 8:32 AM logoHNI Corp. – Value Analysis (NYSE:HNI) : April 13, 2017 - April 13 at 5:30 PM logoHNI Corp. breached its 50 day moving average in a Bullish Manner : HNI-US : April 12, 2017 - April 12 at 9:22 AM logoETFs with exposure to HNI Corp. : April 7, 2017 - April 7 at 5:36 PM logoHNI Corp (HNI) Downgraded to Sell at Zacks Investment Research - April 4 at 12:37 AM logoStanley A. Askren Sells 5,400 Shares of HNI Corp (HNI) Stock - April 3 at 4:59 PM logoHNI Corp (HNI) Upgraded at Zacks Investment Research - March 31 at 1:29 PM logoHNI Corp (HNI) Stock Rating Upgraded by Zacks Investment Research - March 28 at 12:01 AM logoStanley A. Askren Sells 3,100 Shares of HNI Corp (HNI) Stock - March 27 at 10:46 PM logoZacks Investment Research Upgrades HNI Corp (HNI) to "Hold" - March 25 at 8:22 PM logoInsider Selling: HNI Corp (HNI) VP Sells 31,745 Shares of Stock - March 22 at 4:28 PM logoStanley A. Askren Sells 2,764 Shares of HNI Corp (HNI) Stock - March 22 at 4:28 PM logoHNI Corporation First Quarter Fiscal 2017 Results Conference Call - March 21 at 5:44 PM logoHNI Corp (HNI) Raised to Hold at Zacks Investment Research - March 19 at 12:54 PM logoThe HON Company Reveals Ignition® 2.0 - March 14 at 12:05 PM logoForm 4 HNI CORP For: Mar 06 Filed by: Porcellato Larry B - March 10 at 11:56 PM logoIt's Hard To Find Something Not To Like About HNI Corporation - March 10 at 11:56 PM logoHNI Corporation (HNI) Presents At The Raymond James 38th Annual Institutional Investors Conference 2017 - March 7 at 10:31 PM logoHNI CORP Financials - March 2 at 6:03 PM logoHNI CORP Files SEC form 10-K/A, Annual Report - March 2 at 6:03 PM logoHearth manufacturer expands Charlotte footprint with move - March 1 at 5:23 PM logoHNI Corporation Announces Presentation At Raymond James Investor Conference - February 28 at 5:53 PM logoHNI CORP Files SEC form 10-K, Annual Report - February 24 at 6:59 PM


HNI Corp (HNI) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by Staff