HNI Corporation Company Profile (NYSE:HNI)

About HNI Corporation (NYSE:HNI)

HNI Corporation 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 Support Supplies
  • Sub-Industry: Office Services & Supplies
  • Symbol: NYSE:HNI
  • CUSIP: 40425110
  • Web:
  • Market Cap: $1.68 billion
  • Outstanding Shares: 44,055,000
Average Prices:
  • 50 Day Moving Avg: $36.40
  • 200 Day Moving Avg: $41.50
  • 52 Week Range: $34.60 - $56.94
  • Trailing P/E Ratio: 27.21
  • Foreward P/E Ratio: 12.77
  • P/E Growth: 1.69
Sales & Book Value:
  • Annual Revenue: $2.16 billion
  • Price / Sales: 0.78
  • Book Value: $11.21 per share
  • Price / Book: 3.40
  • Annual Dividend: $1.14
  • Dividend Yield: 3.0%
  • EBIDTA: $220.67 million
  • Net Margins: 2.94%
  • Return on Equity: 20.82%
  • Return on Assets: 7.77%
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.62%
  • Average Volume: 232,075 shs.
  • Beta: 1.41
  • Short Ratio: 5.01

Frequently Asked Questions for HNI Corporation (NYSE:HNI)

What is HNI Corporation's stock symbol?

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

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

HNI Corporation declared a quarterly dividend on Tuesday, August 8th. Shareholders of record on Friday, August 18th will be paid a dividend of $0.285 per share on Friday, September 1st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Wednesday, August 16th. View HNI Corporation's Dividend History.

How were HNI Corporation's earnings last quarter?

HNI Corporation (NYSE:HNI) issued its earnings results on Monday, July, 24th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.01. The firm earned $514.50 million during the quarter, compared to the consensus estimate of $516.10 million. HNI Corporation had a return on equity of 20.82% and a net margin of 2.94%. HNI Corporation's revenue was down 4.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 earnings per share. View HNI Corporation's Earnings History.

When will HNI Corporation make its next earnings announcement?

HNI Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for HNI Corporation.

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

HNI Corporation issued an update on its FY17 earnings guidance on Monday, July, 24th. The company provided earnings per share (EPS) guidance of $2.35-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.52. The company issued revenue guidance of -2% to +1% to ~$2.16-2.23 billion, compared to the consensus revenue estimate of $2.19 billion.HNI Corporation also updated its Q3 guidance to $0.76-0.86 EPS.

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

5 equities research analysts have issued 12-month target prices for HNI Corporation's shares. Their forecasts range from $35.00 to $59.00. On average, they anticipate HNI Corporation's share price to reach $44.50 in the next year. View Analyst Ratings for HNI Corporation.

Who are some of HNI Corporation's key competitors?

Who are HNI Corporation's key executives?

HNI Corporation's management team includes the folowing people:

  • Stanley A. Askren, Chairman of the Board, President, Chief Executive Officer
  • Kurt A. Tjaden, President, Senior Vice President
  • Marshall H. Bridges, Chief Financial Officer, Vice President
  • Vincent P. Berger, President - Hearth & Home Technologies Group
  • Jeffrey D. Lorenger, President, Office Furniture, HNI Corporation
  • Jerald K. Dittmer, Executive Vice President; President of The HON Company LLC
  • Donald T. Mead, Executive Vice President; President of The Gunlocke Company L.L.C.
  • Steven M. Bradford, Senior Vice President, General Counsel, Secretary
  • Julie M. Abramowski, Vice President, Corporate Controller
  • Donna D. Meade, Vice President - Member Relations

Who owns HNI Corporation stock?

HNI Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (2.33%), Dalton Greiner Hartman Maher & Co. (0.95%), Eaton Vance Management (0.51%), Schroder Investment Management Group (0.39%), Kennedy Capital Management Inc. (0.33%) and Nationwide Fund Advisors (0.23%). Company insiders that own HNI Corporation 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 Corporation.

Who sold HNI Corporation stock? Who is selling HNI Corporation stock?

HNI Corporation's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Schroder Investment Management Group, Kennedy Capital Management Inc., Aperio Group LLC, Rhumbline Advisers and New York State Common Retirement Fund. Company insiders that have sold HNI Corporation stock in the last year include Ronald V Waters, Stanley A Askren and Steven M Bradford. View Insider Buying and Selling for HNI Corporation.

Who bought HNI Corporation stock? Who is buying HNI Corporation stock?

HNI Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., SG Americas Securities LLC and Frontier Capital Management Co. LLC. View Insider Buying and Selling for HNI Corporation.

How do I buy HNI Corporation stock?

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

What is HNI Corporation's stock price today?

One share of HNI Corporation stock can currently be purchased for approximately $38.06.

MarketBeat Community Rating for HNI Corporation (NYSE HNI)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  143
MarketBeat's community ratings are surveys of what our community members think about HNI Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for HNI Corporation (NYSE:HNI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $44.50 (16.92% upside)

Analysts' Ratings History for HNI Corporation (NYSE:HNI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/23/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$42.00LowView Rating Details
8/23/2017Citigroup Inc.UpgradeOutperform$42.00LowView Rating Details
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
(Data available from 9/19/2015 forward)


Earnings History for HNI Corporation (NYSE:HNI)
Earnings by Quarter for HNI Corporation (NYSE:HNI)
Earnings History by Quarter for HNI Corporation (NYSE HNI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/17/2017$0.82N/AView Earnings Details
7/24/2017Q2 2017$0.43$0.42$516.10 million$514.50 millionViewN/AView Earnings Details
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 Corporation (NYSE:HNI)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.66$0.66$0.66
Q3 20171$0.81$0.81$0.81
Q4 20171$0.96$0.96$0.96
(Data provided by Zacks Investment Research)


Current Dividend Information for HNI Corporation (NYSE:HNI)
Most Recent Dividend:9/1/2017
Annual Dividend:$1.14
Dividend Yield:3.00%
Dividend Growth:4.30% (3 Year Average)
Payout Ratio:81.43% (Trailing 12 Months of Earnings)
46.53% (Based on This Year's Estimates)
38.26% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for HNI Corporation (NYSE:HNI)

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

Insider Trades

Insider Trading and Institutional Ownership History for HNI Corporation (NYSE:HNI)
Insider Ownership Percentage: 5.16%
Institutional Ownership Percentage: 68.99%
Insider Trades by Quarter for HNI Corporation (NYSE:HNI)
Institutional Ownership by Quarter for HNI Corporation (NYSE:HNI)
Insider Trades by Quarter for HNI Corporation (NYSE:HNI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2017Stanley A AskrenChairmanSell12,000$36.44$437,280.00View SEC Filing  
6/2/2017Stanley A AskrenChairmanSell11,264$46.01$518,256.64View SEC Filing  
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 Corporation (NYSE:HNI)
Latest Headlines for HNI Corporation (NYSE:HNI)
DateHeadline logo$588.00 Million in Sales Expected for HNI Corporation (HNI) This Quarter - September 18 at 9:26 AM logo$0.81 EPS Expected for HNI Corporation (HNI) This Quarter - September 16 at 6:10 AM logoHNI Corp. : HNI-US: Dividend Analysis : August 18th, 2017 (record date) : By the numbers : September 15, 2017 - September 16 at 12:44 AM logoIntersections (INTX) & HNI Corporation (HNI) Head to Head Analysis - September 15 at 6:28 PM logoHNI Corp. – Value Analysis (NYSE:HNI) : September 14, 2017 - September 14 at 6:06 AM logoHNI Corp. breached its 50 day moving average in a Bullish Manner : HNI-US : September 12, 2017 - September 12 at 11:28 PM logoHead to Head Survey: Essendant (ESND) and HNI Corporation (HNI) - September 11 at 10:06 PM logoHNI Corporation: Still Not Cheap Enough After A Troubling Quarter - September 8 at 12:43 AM logoHNI Corporation (HNI) Given Average Rating of "Hold" by Brokerages - September 2 at 3:02 AM logoStanley A. Askren Sells 12,000 Shares of HNI Corporation (HNI) Stock - September 1 at 7:42 PM logoHNI Corporation (HNI) and Acco Brands Corporation (ACCO) Critical Comparison - August 29 at 8:40 AM logoIntersections (INTX) & HNI Corporation (HNI) Financial Survey - August 25 at 4:30 PM logoRaymond James Financial, Inc. Upgrades HNI Corp (HNI) to Outperform - August 23 at 4:46 PM logoHNI Corp (HNI) Upgraded to "Outperform" at Citigroup Inc. - August 23 at 4:08 PM logoHNI Corp (HNI) Upgraded at UBS AG - August 23 at 4:08 PM logoCritical Contrast: Intersections (INTX) vs. HNI Corporation (HNI) - August 20 at 6:20 AM logoCritical Comparison: Knoll (KNL) and HNI Corporation (HNI) - August 19 at 8:44 AM logoHNI Corporation (HNI) Lowered to Strong Sell at BidaskClub - August 19 at 12:38 AM logoFinancial Survey: Cott Corporation (COT) and HNI Corporation (HNI) - August 18 at 8:12 AM logoCedartown 'backbone' to invest $14.5M, create 60 more jobs in Polk County - August 15 at 8:08 PM logoCritical Comparison: HNI Corporation (HNI) & Cott Corporation (COT) - August 15 at 12:16 PM logo Analysts Anticipate HNI Corporation (HNI) Will Post Quarterly Sales of $588.00 Million - August 12 at 10:20 AM logoIHS Markit Score Update: Drop in demand for ETFs holding HNI Corp is a negative sign for its shares - August 11 at 2:27 AM logoSee what the IHS Markit Score report has to say about HNI Corp. - August 9 at 7:44 PM logoHNI Corporation (HNI) Plans Quarterly Dividend of $0.29 - August 8 at 5:46 PM logoHNI Corporation (NYSE:HNI) Receives Consensus Rating of "Hold" from Analysts - August 8 at 7:34 AM logoKnoll (KNL) and HNI Corporation (HNI) Head to Head Survey - August 5 at 4:18 PM logoTECHNIPFMC ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In TechnipFMC plc To Contact The Firm - August 4 at 2:33 PM logoAn Ugly Q1 Bodes Poorly For Steelcase - And Everyone Else - August 1 at 4:59 AM logoHNI Corporation (HNI) vs. Knoll (KNL) Critical Survey - July 29 at 4:24 PM logoQ3 2017 EPS Estimates for HNI Corporation Cut by Analyst (NYSE:HNI) - July 27 at 8:54 AM logoFinancial Survey: Cott Corporation (COT) vs. HNI Corporation (NYSE:HNI) - July 26 at 4:13 PM logoHNI's (HNI) CEO Stan Askren on Q2 2017 Results - Earnings Call Transcript - July 26 at 12:53 AM logoEdited Transcript of HNI earnings conference call or presentation 25-Jul-17 3:00pm GMT - July 26 at 12:53 AM logoInvestor Network: HNI Corporation to Host Earnings Call - July 25 at 7:50 PM logoHNI Corp Announces 39% Fall In Q2 Bottom Line - July 24 at 10:50 PM logoBRIEF-HNI Corp reports Q2 GAAP earnings per share $0.31 - July 24 at 10:50 PM logoHNI Corporation Reports Earnings For Second Quarter Fiscal Year 2017 - July 24 at 10:50 PM logoHNI posts 2Q profit - July 24 at 10:50 PM logoHNI Corporation (HNI) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS - July 24 at 9:14 PM logoHNI Corporation (NYSE:HNI) Updates FY17 Earnings Guidance - July 24 at 5:25 PM logoHNI Corporation (HNI) Releases Q3 Earnings Guidance - July 24 at 5:25 PM logoHNI Corporation (HNI) Expected to Announce Quarterly Sales of $514.70 Million - July 23 at 11:52 AM logoHNI Corporation (NYSE:HNI) Receives Average Rating of "Hold" from Brokerages - July 14 at 11:20 AM logoETFs with exposure to HNI Corp. : July 5, 2017 - July 5 at 8:09 PM logo Analysts Anticipate HNI Corporation (HNI) Will Announce Quarterly Sales of $533.90 Million - June 28 at 8:58 AM logoZacks: Brokerages Expect HNI Corporation (HNI) to Announce $0.43 EPS - June 27 at 12:38 AM logoHNI Corporation (HNI) vs. RealD (RLD) Head to Head Comparison - June 24 at 8:24 PM logoHNI Corporation (HNI) Downgraded by TheStreet to C+ - June 24 at 10:40 AM logoWhat Makes HNI Corp (HNI) a Strong Sell? - June 23 at 3:46 PM



HNI Corporation (HNI) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by Staff