HNI Corp Company Profile (NYSE:HNI)

About HNI Corp

HNI Corp logoHNI Corporation is a provider of office furniture and hearth products. The Company manufactures and markets gas and wood burning fireplaces. It operates through two segments: office furniture and hearth products. Its office furniture segment manufactures and markets a range 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. Its hearth products segment manufactures and markets a range of gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories, principally for the home. Its office furniture products are sold through dealers, wholesalers and office product distributors, and are also sold directly to end user customers, and federal, state and local governments. Its hearth products are sold through dealers and distributors, as well as through the Company-owned distribution and retail outlets.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Equipment
  • Sub-Industry: Office Services & Supplies
  • Exchange: NYSE
  • Symbol: HNI
  • CUSIP: 40425110
Key Metrics:
  • Previous Close: $45.79
  • 50 Day Moving Average: $49.38
  • 200 Day Moving Average: $48.99
  • 52-Week Range: $44,418,000.00 - $33.28
  • Trailing P/E Ratio: 24.19
  • Foreward P/E Ratio: 13.59
  • P/E Growth: 1.77
  • Market Cap: $2.02B
  • Outstanding Shares: 44,418,000
  • Beta: 1.44
Profitability:
  • Net Margins: 3.88%
  • Return on Equity: 23.75%
  • Return on Assets: 8.95%
Debt:
  • Debt-to-Equity Ratio: 0.36%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.70%
Additional Links:
Companies Related to HNI Corp:

Analyst Ratings

Consensus Ratings for HNI Corp (NYSE:HNI) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $47.00 (2.64% upside)

Analysts' Ratings History for HNI Corp (NYSE:HNI)
Show:
DateFirmActionRatingPrice TargetDetails
2/7/2017Off Wall StreetReiterated RatingStrong Sell$35.00View Rating Details
1/6/2017SidotiInitiated CoverageNeutral$59.00View Rating Details
11/4/2016Seaport Global SecuritiesInitiated CoverageNeutralView Rating Details
9/20/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for HNI Corp (NYSE:HNI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
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$535.90 millionViewN/AView Earnings Details
4/21/2016Q1$0.17$0.31$495.00 million$501.00 millionViewN/AView Earnings Details
2/11/2016Q415$0.89$0.91$608.95 million$596.90 millionViewListenView Earnings Details
10/22/2015Q315$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$523.50 millionViewListenView Earnings Details
2/11/2015Q414$0.67$0.65$624.27 million$646.70 millionViewListenView Earnings Details
10/15/2014Q314$0.71$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)

Estimates

Earnings Estimates for HNI Corp (NYSE:HNI)
Current Year EPS Consensus Estimate: $2.94 EPS
Next Year EPS Consensus Estimate: $3.37 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.18$0.31$0.25
Q2 20161$0.56$0.56$0.56
Q3 20161$0.94$0.94$0.94
Q4 20161$0.96$0.96$0.96
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)

Dividends

Current Dividend Information for HNI Corp (NYSE:HNI)
Annual Dividend:$1.10
Dividend Yield:2.40%
Dividend Growth:4.30% (3 Year Average)
Payout Ratio:58.51% (Based on Trailing 12 Months of Earnings)
37.41% (Based on Current Year Consensus EPS Estimate)
32.64% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for HNI Corp (NYSE:HNI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/15/2017quarterly$0.282.39%2/23/20172/27/20173/6/2017
11/10/2016quarterly$0.2811/17/201611/21/201612/1/2016
8/9/2016quarterly$0.288/17/20168/19/20169/1/2016
5/10/2016quarterly$0.285/18/20165/20/20166/1/2016
2/17/2016quarterly$0.272/25/20162/29/20163/7/2016
11/12/2015quarterly$0.2711/19/201511/23/201512/1/2015
8/4/2015quarterly$0.278/12/20158/14/20159/1/2015
5/5/2015quarterly$0.272.22%5/13/20155/15/20155/29/2015
2/18/2015quarterly$0.251.94%2/26/20153/2/20153/9/2015
11/6/2014quarterly$0.252.15%11/13/201411/17/201412/1/2014
8/5/2014quarterly$0.252.76%8/13/20148/15/20148/29/2014
5/6/2014quarterly$0.252.84%5/14/20145/16/20145/30/2014
2/12/2014quarterly$0.242.77%2/20/20142/24/20143/3/2014
11/7/2013quarterly$0.242.54%11/14/201311/18/201312/2/2013
8/6/2013quarterly$0.242.52%8/14/20138/16/20138/30/2013
5/7/2013quarterly$0.242.74%5/15/20135/17/20135/31/2013
2/13/2013quarterly$0.243.02%2/21/20132/25/20133/4/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for HNI Corp (NYSE:HNI)
Insider Ownership Percentage: 5.00%
Institutional Ownership Percentage: 67.13%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for HNI Corp (NYSE:HNI)
DateHeadline
streetinsider.com logoForm 4 HNI CORP For: Feb 15 Filed by: Meade Donna D (NYSE:HNI)
www.streetinsider.com - February 22 at 5:52 PM
News IconHNI Corporation (HNI): Dividend is coming in 3 days, should you buy? (NYSE:HNI)
simplywall.st - February 19 at 5:04 PM
News IconManufacturer to expand midstate operations, add 51 jobs (NYSE:HNI)
www.pennlive.com - February 16 at 5:37 PM
finance.yahoo.com logoHNI Corporation Announces Quarterly Dividend (NYSE:HNI)
finance.yahoo.com - February 16 at 5:37 PM
streetinsider.com logoForm 5 HNI CORP For: Dec 31 Filed by: Bradford Steven M (NYSE:HNI)
www.streetinsider.com - February 14 at 4:45 AM
streetinsider.com logoForm 5 HNI CORP For: Dec 31 Filed by: Lorenger Jeffrey D (NYSE:HNI)
www.streetinsider.com - February 13 at 11:44 PM
capitalcube.com logoHNI Corp. :HNI-US: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (NYSE:HNI)
www.capitalcube.com - February 13 at 11:26 AM
News IconContract furniture maker HNI sales hit $2.2 billion (NYSE:HNI)
www.woodworkingnetwork.com - February 11 at 10:48 PM
News IconKEY 15: Investors take heart in coming tax announcement (NYSE:HNI)
qctimes.com - February 11 at 5:46 PM
News IconSales and profits slipped last year for HNI (NYSE:HNI)
www.businessrecord.com - February 10 at 6:25 PM
capitalcube.com logoHNI Corp. :HNI-US: Earnings Analysis: 2016 By the Numbers : February 10, 2017 (NYSE:HNI)
www.capitalcube.com - February 10 at 6:25 PM
seekingalpha.com logoHNI Corporation's (HNI) CEO Stan Askren on Q4 2016 Results - Earnings Call Transcript (NYSE:HNI)
seekingalpha.com - February 10 at 4:38 AM
finance.yahoo.com logoEdited Transcript of HNI earnings conference call or presentation 9-Feb-17 4:00pm GMT (NYSE:HNI)
finance.yahoo.com - February 9 at 11:37 PM
biz.yahoo.com logoHNI CORP Files SEC form 8-K/A, Costs Associated with Exit or Disposal Activities (NYSE:HNI)
biz.yahoo.com - February 9 at 6:35 PM
rttnews.com logoEARNINGS SUMMARY: Details of HNI Corp Q4 Earnings Report (NYSE:HNI)
www.rttnews.com - February 8 at 11:23 PM
reuters.com logoBRIEF-HNI corporation reports Q4 earnings per share $0.24 (NYSE:HNI)
www.reuters.com - February 8 at 11:23 PM
sg.finance.yahoo.com logoHNI posts 4Q profit (NYSE:HNI)
sg.finance.yahoo.com - February 8 at 11:23 PM
biz.yahoo.com logoQ4 2016 HNI Corp Earnings Release - After Market Close (NYSE:HNI)
us.rd.yahoo.com - February 8 at 6:21 PM
us.rd.yahoo.com logoHNI Corporation Reports Increased Earnings For Fiscal Year 2016 (NYSE:HNI)
us.rd.yahoo.com - February 8 at 6:21 PM
us.rd.yahoo.com logo4:56 pm HNI misses by $0.03, reports revs in-line; guides Q1 EPS below consensus; guides FY17 EPS in-line (NYSE:HNI)
us.rd.yahoo.com - February 8 at 6:21 PM
biz.yahoo.com logoHNI CORP Files SEC form 8-K, Costs Associated with Exit or Disposal Activities (NYSE:HNI)
biz.yahoo.com - February 8 at 6:21 PM
openpr.com logoWorld Office Furniture Market 2016 - Steelcase, Herman Miller, HNI Corporation, Global Group, KI, Teknion, Knoll (NYSE:HNI)
www.openpr.com - February 8 at 12:02 AM
News IconFurniture Knobs Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2017-2022 (NYSE:HNI)
empowerednews.net - February 6 at 5:45 PM
News IconCFOs on the Move: Week Ending Feb. 3 (NYSE:HNI)
ww2.cfo.com - February 4 at 4:18 AM
News IconFurniture Casters Market 2017 Overview and Growth (NYSE:HNI)
empowerednews.net - February 3 at 4:27 AM
News IconHNI Corporation CEO to lecture on career experience (NYSE:HNI)
www.iowastatedaily.com - January 31 at 6:27 PM
feeds.reuters.com logoFOREX-Dollar inches down on lacklustre U.S. growth data (NYSE:HNI)
feeds.reuters.com - January 29 at 7:33 PM
businesswire.com logoGlobal Institutional And Office Furniture Manufacturing Market Briefing 2017 - Research and Markets (NYSE:HNI)
www.businesswire.com - January 27 at 7:40 PM
News IconGlobal Institutional And Office Furniture Industry Trends, Survey, Growth and Forecast to 2020 (NYSE:HNI)
empowerednews.net - January 25 at 4:31 AM
sbwire.com logoEmerging Demand of Furniture Market by 2020 (NYSE:HNI)
www.sbwire.com - January 24 at 6:27 PM
finance.yahoo.com logoHNI Corporation Fourth Quarter And Year-End Fiscal 2016 Results Conference Call (NYSE:HNI)
finance.yahoo.com - January 23 at 9:12 PM
News IconNew president and CFO at units of furniture maker HNI Corporation (NYSE:HNI)
www.woodworkingnetwork.com - January 23 at 4:09 PM
streetinsider.com logoForm SC 13G HNI CORP Filed by: STATE FARM MUTUAL AUTOMOBILE INSURANCE CO (NYSE:HNI)
www.streetinsider.com - January 23 at 4:09 PM
4-traders.com logoHNI CORP : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:HNI)
www.4-traders.com - January 20 at 3:54 PM
biz.yahoo.com logoHNI CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statement (NYSE:HNI)
biz.yahoo.com - January 20 at 3:54 PM
capitalcube.com logoHNI Corp. : HNI-US: Dividend Analysis : November 21st, 2016 (record date) : By the numbers : January 20, 2017 (NYSE:HNI)
www.capitalcube.com - January 20 at 3:54 PM
News IconStocks Fall Off Highs; Trump Sworn In As President (NYSE:HNI)
feedproxy.google.com - January 20 at 2:43 PM
News IconTjaden named president of HNI International (NYSE:HNI)
qctimes.com - January 20 at 12:31 AM
finance.yahoo.com logoHNI Corporation Announces Management Changes (NYSE:HNI)
finance.yahoo.com - January 19 at 7:29 PM
finance.yahoo.com logo10:11 am HNI promotes Marshall Bridges as CFO upon the appointment of current CFO Kurt Tjaden to President of HNI International (NYSE:HNI)
finance.yahoo.com - January 19 at 7:29 PM
feeds.reuters.com logoBRIEF-HNI CORP SAYS MARSHALL BRIDGES APPOINTED CFO (NYSE:HNI)
feeds.reuters.com - January 19 at 10:42 AM
News IconGlobal Hearth Market 2017-Breckwell, HNI Corporation, La Nordica, Monessen, CALADIA (NYSE:HNI)
www.mynewsdesk.com - January 18 at 2:06 AM
News Icon₹1,300-crore BSE public issue to open on January 23 (NYSE:HNI)
www.thehindubusinessline.com - January 13 at 6:52 PM
News IconCity engineer pledges to review project processes, public hearings set (NYSE:HNI)
muscatinejournal.com - January 13 at 6:52 PM
capitalcube.com logoHNI Corp. – Value Analysis (NYSE:HNI) : January 12, 2017 (NYSE:HNI)
www.capitalcube.com - January 12 at 6:12 PM
capitalcube.com logoHNI Corp. breached its 50 day moving average in a Bullish Manner : HNI-US : January 11, 2017 (NYSE:HNI)
www.capitalcube.com - January 11 at 6:21 PM
News IconGlobal Hearth Market 2016 - HNI Corporation, SUPRA, Napoleon, Seguin Duteriez, Palazzetti (NYSE:HNI)
www.mynewsdesk.com - January 10 at 6:37 PM
News IconRatings Don’t Lie: Is HNI (NYSE:HNI) a Buy or a Sell? Learn What Sidoti Thinks (NYSE:HNI)
www.whatsonthorold.com - January 10 at 6:37 PM
marketrealist.com logoSidoti Rated HNI Corporation as ‘Neutral’ (NYSE:HNI)
marketrealist.com - January 10 at 6:37 PM
News IconResearch details developments in the Global hearth market forecast to 2021 (NYSE:HNI)
www.whatech.com - January 7 at 3:55 AM

Social

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 Wednesday, February 15th. Stockholders of record on Monday, February 27th will be given a dividend of $0.275 per share on Monday, March 6th. This represents a $1.10 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Thursday, February 23rd.

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

4 analysts have issued 1-year target prices for HNI Corp's stock. Their forecasts range from $35.00 to $59.00. On average, they expect HNI Corp's stock price to reach $47.00 in the next year.

When will HNI Corp announce their earnings?

HNI Corp is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

Who owns HNI Corp stock?

HNI Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (2.23%), Zebra Capital Management LLC (0.10%) and Russell Investments Group Ltd. (0.02%). Company insiders that own HNI Corp stock include Bradley D Determan, Donald T Mead, Jeffrey D Lorenger, Jerald K Dittmer, Kurt A Tjaden, Larry B Porcellato, Marco Molinari, Miguel M Calado, Ronald V Waters, Stanley A Askren and Steven M Bradford.

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 Frontier Capital Management Co. LLC, Zebra Capital Management LLC and Russell Investments Group Ltd..

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 $45.79.

HNI Corp (NYSE:HNI) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for HNI Corp (NYSE:HNI)

Earnings History Chart

Earnings by Quarter for HNI Corp (NYSE:HNI)

Dividend History Chart

Dividend Payments by Quarter for HNI Corp (NYSE:HNI)

Last Updated on 2/24/2017 by MarketBeat.com Staff