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S&P 500   4,179.83
DOW   32,908.27
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Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Alibaba Unveils Its Spin-Off Plans
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
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KLA Shares Soars As Chip Equipment Makers Surge 21% In May
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Alibaba Unveils Its Spin-Off Plans
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Can the Dow's 2023 Runaway Winners Keep Running?
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
Can These Two Crypto Stocks Stage a Comeback?
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
NYSE:HNI

HNI (HNI) Stock Forecast, Price & News

$25.50
-0.73 (-2.78%)
(As of 05/31/2023 ET)
Compare
Today's Range
$25.06
$26.28
50-Day Range
$24.90
$28.09
52-Week Range
$24.60
$39.44
Volume
1.86 million shs
Average Volume
290,120 shs
Market Capitalization
$1.06 billion
P/E Ratio
9.59
Dividend Yield
5.02%
Price Target
$34.00

HNI MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.3% Upside
$34.00 Price Target
Short Interest
Healthy
4.23% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.24
Upright™ Environmental Score
News Sentiment
0.82mentions of HNI in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Business Services Sector

50th out of 347 stocks

Office Furniture, Except Wood Industry

2nd out of 2 stocks


HNI stock logo

About HNI (NYSE:HNI) Stock

HNI Corp. engages in the provision of workplace furnishings and residential building products. It operates through the Workplace Furnishing and Residential Building Products segments. The Workplace Furnishings segment manufactures and markets a broad line of commercial and home office furniture, which includes panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. The Residential Building Products segment manufactures and markets a full array of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings, and accessories. The company was founded by C. Maxwell Stanley, Clem Hanson, and H. Wood Miller in 1944 and is headquartered in Muscatine, IA.

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HNI Stock News Headlines

HNI And Kimball Tie-Up May Be MillerKnoll 2.0
HNI's (NYSE:HNI) Dividend Will Be $0.32
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
HNI (NYSE:HNI) Now Covered by Analysts at StockNews.com
HNI (HNI) Declares $0.32 Dividend
HNI declares $0.32 dividend
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Hni $HNI Investment Analysis
HNI Corp. Q1 Results Top Estimates
Q1 2023 HNI Corp Earnings Call
HNI (HNI) Set to Announce Earnings on Monday
See More Headlines
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HNI Company Calendar

Ex-Dividend for 3/8 Dividend
2/24/2023
Dividend Payable
3/08/2023
Last Earnings
5/08/2023
Today
6/01/2023
Ex-Dividend for 6/23 Dividend
6/08/2023
Dividend Payable
6/23/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Office furniture, except wood
Sub-Industry
Office Services & Supplies
CUSIP
40425110
Employees
7,300
Year Founded
1944

Price Target and Rating

Average Stock Price Forecast
$34.00
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+33.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$123.90 million
Pretax Margin
5.81%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$4.12 per share
Book Value
$14.70 per share

Miscellaneous

Free Float
39,994,000
Market Cap
$1.06 billion
Optionable
Optionable
Beta
0.92

Social Links


Key Executives

  • Jeffrey D. LorengerJeffrey D. Lorenger
    Chairman, President & Chief Executive Officer
  • Marshall H. BridgesMarshall H. Bridges
    Chief Financial Officer & Senior Vice President
  • Radhakrishna S. Rao
    Chief Information & Digital Officer, VP
  • Vincent Paul Berger
    Executive Vice President
  • Steven M. BradfordSteven M. Bradford
    Secretary, Senior Vice President & General Counsel













HNI Stock - Frequently Asked Questions

Should I buy or sell HNI stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HNI in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" HNI shares.
View HNI analyst ratings
or view top-rated stocks.

What is HNI's stock price forecast for 2023?

1 analysts have issued 1 year target prices for HNI's stock. Their HNI share price forecasts range from $34.00 to $34.00. On average, they predict the company's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 33.3% from the stock's current price.
View analysts price targets for HNI
or view top-rated stocks among Wall Street analysts.

How have HNI shares performed in 2023?

HNI's stock was trading at $28.43 at the beginning of 2023. Since then, HNI stock has decreased by 10.3% and is now trading at $25.50.
View the best growth stocks for 2023 here
.

When is HNI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our HNI earnings forecast
.

How were HNI's earnings last quarter?

HNI Co. (NYSE:HNI) posted its quarterly earnings data on Monday, May, 8th. The business services provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.16. The business services provider had revenue of $479.10 million for the quarter, compared to analysts' expectations of $462.26 million. HNI had a net margin of 4.91% and a trailing twelve-month return on equity of 13.96%. HNI's quarterly revenue was down 16.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.33 EPS.

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

HNI declared a quarterly dividend on Monday, May 15th. Shareholders of record on Friday, June 9th will be paid a dividend of $0.32 per share on Friday, June 23rd. This represents a $1.28 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date of this dividend is Thursday, June 8th.
Read our dividend analysis for HNI
.

Is HNI a good dividend stock?

HNI (NYSE:HNI) pays an annual dividend of $1.28 per share and currently has a dividend yield of 4.83%. HNI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 48.12%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HNI.

What is Jeff Lorenger's approval rating as HNI's CEO?

14 employees have rated HNI Chief Executive Officer Jeff Lorenger on Glassdoor.com. Jeff Lorenger has an approval rating of 77% among the company's employees.

What other stocks do shareholders of HNI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HNI investors own include Intuitive Surgical (ISRG), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), Altria Group (MO), Intel (INTC), Exxon Mobil (XOM), Broadcom (AVGO) and Bristol-Myers Squibb (BMY).

What is HNI's stock symbol?

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

Who are HNI's major shareholders?

HNI's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.90%), State Street Corp (5.10%), Dimensional Fund Advisors LP (3.04%), Geode Capital Management LLC (1.84%), Charles Schwab Investment Management Inc. (1.70%) and Bank of New York Mellon Corp (1.52%). Insiders that own company stock include Donna D Meade, Jeffrey D Lorenger, Kurt A Tjaden, Larry B Porcellato, Larry B Porcellato, Marshall H Bridges, Mary A Bell, Miguel M Calado, Steven M Bradford and Vincent P Berger.
View institutional ownership trends
.

How do I buy shares of HNI?

Shares of HNI 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.

What is HNI's stock price today?

One share of HNI stock can currently be purchased for approximately $25.50.

How much money does HNI make?

HNI (NYSE:HNI) has a market capitalization of $1.06 billion and generates $2.36 billion in revenue each year. The business services provider earns $123.90 million in net income (profit) each year or $2.66 on an earnings per share basis.

How many employees does HNI have?

The company employs 7,300 workers across the globe.

Does HNI have any subsidiaries?
The following companies are subsidiares of HNI: Aladdin Steel Products Inc, Allied Group, Allsteel Inc., American Fireplace Company, Architectural Installations Atlanta Inc., BP Ergo Ltd, Dansons Inc, Design Holdings Inc., Design Public Group, Dongguan Lamex Furniture Co. Ltd., Edward George Company, Global Known Ltd., HFM Partners, HNI Asia L.L.C., HNI Asia Technology Services (Shenzhen) Limited, HNI Holdings Inc., HNI Hong Kong Limited, HNI International (Mexico) L.L.C., HNI International (Puerto Rico) L.L.C., HNI International Inc., HNI Middle East DMCC, HNI Office India Ltd., HNI Services LLC, HNI Singapore Private Limited, HNI Technologies Inc., HON INDUSTRIES (Canada) Inc., HON Internacional Servicios de Mexico S.de R.L. de C.V., HON Internacional de Mexico S.de R.L.de C.V., Hearth & Home Technologies LLC, Heat-N-Glo Fireplace Products Inc, Hickory Business Furniture, Hickory Business Furniture LLC, Lamex China Investment Ltd., Lamex Trading Co, Lamex Trading Co. Ltd., Maxon Furniture Inc., Monessen Hearth Canada Inc., Monessen Hearth Systems Company LLC, OFM, OFM LLC, Omni Workspace Co., Paoli Inc, Paoli LLC, Pearl City Insurance Company, Sagus International, The Gunlocke Company L.L.C., The HON Company LLC, and VCG.
Read More
How can I contact HNI?

HNI's mailing address is 600 EAST SECOND STREET PO BOX 1109, MUSCATINE IA, 52761. The official website for the company is www.hnicorp.com. The business services provider can be reached via phone at (563) 272-7400, via email at investorrelations@hnicorp.com, or via fax at 563-272-7217.

This page (NYSE:HNI) was last updated on 6/1/2023 by MarketBeat.com Staff

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