NYSE:HNI - HNI Stock Price, Forecast & News

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

HNI announced a quarterly dividend on Thursday, November 7th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.305 per share on Monday, December 2nd. This represents a $1.22 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date is Friday, November 15th. View HNI's Dividend History.

HNI Corp (NYSE:HNI) announced its quarterly earnings data on Wednesday, October, 23rd. The business services provider reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.02. The business services provider had revenue of $625.40 million for the quarter, compared to analysts' expectations of $640.30 million. HNI had a return on equity of 19.43% and a net margin of 4.27%. The firm's revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 earnings per share. View HNI's Earnings History.

HNI is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for HNI.

HNI issued an update on its FY19 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share guidance of $2.50-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.56.

2 brokerages have issued 1-year price objectives for HNI's shares. Their forecasts range from $45.00 to $45.00. On average, they anticipate HNI's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for HNI.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HNI in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HNI.

Media stories about HNI stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. HNI earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for HNI.

HNI saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 767,800 shares, an increase of 5.4% from the September 15th total of 728,600 shares. Based on an average daily trading volume, of 209,300 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.8% of the company's shares are sold short. View HNI's Current Options Chain.

Some companies that are related to HNI include Avery Dennison (AVY), MSA Safety (MSA), Herman Miller (MLHR), Steelcase (SCS), Knoll (KNL), Interface (TILE), ACCO Brands (ACCO), Pitney Bowes (PBI), Kimball International (KBAL), NL Industries (NL), CompX International (CIX) and ARC Document Solutions (ARC).

Based on aggregate information from My MarketBeat watchlists, some companies that other HNI investors own include Intuitive Surgical (ISRG), Pfizer (PFE), Ford Motor (F), IntriCon (IIN), Applied Materials (AMAT), Biogen (BIIB), Casey's General Stores (CASY), Comcast (CMCSA), Costco Wholesale (COST) and Cisco Systems (CSCO).

HNI's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (3.26%), Millennium Management LLC (0.78%), Rhumbline Advisers (0.29%), California Public Employees Retirement System (0.27%), Systematic Financial Management LP (0.27%) and Russell Investments Group Ltd. (0.18%). Company insiders that own HNI stock include Brian E Stern, Jeffrey D Lorenger, Kurt A Tjaden, Marshall H Bridges, Miguel M Calado, Ronald V Waters, Stanley A Askren and Vincent P Berger. View Institutional Ownership Trends for HNI.

HNI stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Meeder Asset Management Inc., Barclays PLC, SG Americas Securities LLC, First Quadrant L P CA, Zebra Capital Management LLC, Nisa Investment Advisors LLC and Rhumbline Advisers. Company insiders that have sold HNI company stock in the last year include Brian E Stern, Jeffrey D Lorenger, Miguel M Calado and Ronald V Waters. View Insider Buying and Selling for HNI.

HNI stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Systematic Financial Management LP, Russell Investments Group Ltd., California Public Employees Retirement System, Alberta Investment Management Corp, State of Alaska Department of Revenue, Man Group plc and Squarepoint Ops LLC. View Insider Buying and Selling for HNI.

Shares of HNI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HNI stock can currently be purchased for approximately $40.43.

HNI has a market capitalization of $1.73 billion and generates $2.26 billion in revenue each year. The business services provider earns $93.38 million in net income (profit) each year or $2.41 on an earnings per share basis. HNI employs 8,900 workers across the globe.View Additional Information About HNI.

The official website for HNI is http://www.hnicorp.com/.

HNI's mailing address is 600 EAST SECOND STREET PO BOX 1109, MUSCATINE IA, 52761. The business services provider can be reached via phone at 563-272-7400 or via email at [email protected]