NYSE:HNI - HNI Stock Price, News, Headlines & Rumors

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$42.64 -0.70 (-1.62 %)
(As of 08/15/2018 04:00 PM ET)
Previous Close$43.34
Today's Range$42.53 - $43.42
52-Week Range$31.16 - $45.40
Volume72,831 shs
Average Volume181,705 shs
Market Capitalization$1.89 billion
P/E Ratio21.83
Dividend Yield2.75%
Beta1.47
HNI logoHNI Corporation manufactures and sells office furniture and hearth products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, and Taiwan. The company's Office Furniture segment offers a range of metal and wood commercial and home office furniture, which include storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, HBF, OFM, basyx by HON, Lamex, and HNI India brands. This segment sells its products through independent and local office products dealers; national office product distributors; selling relationships with the end-users; wholesalers; and direct sales to federal, state, and local government offices. The Hearth Products segment provides various gas, electric, wood, and biomass burning fireplaces; inserts; stoves; facings; and accessories primarily for the home under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman Stove, Vermont Castings, and PelPro brands. It markets its products through independent dealers, distributors, and corporation-owned distribution and retail outlets. HNI Corporation was founded in 1944 and is headquartered in Muscatine, Iowa.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Office furniture, except wood
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
SymbolNYSE:HNI
CUSIP40425110
Phone563-272-7400

Debt

Debt-to-Equity Ratio0.56
Current Ratio1.23
Quick Ratio0.78

Price-To-Earnings

Trailing P/E Ratio21.83
Forward P/E Ratio17.55
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.18 billion
Price / Sales0.86
Cash Flow$3.6538 per share
Price / Cash11.67
Book Value$11.85 per share
Price / Book3.60

Profitability

EPS (Most Recent Fiscal Year)$1.97
Net Income$89.79 million
Net Margins4.13%
Return on Equity15.89%
Return on Assets5.87%

Miscellaneous

Employees9,600
Outstanding Shares43,740,000
Market Cap$1.89 billion

HNI (NYSE:HNI) Frequently Asked Questions

What is HNI's stock symbol?

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

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

HNI announced a quarterly dividend on Tuesday, August 7th. Stockholders of record on Friday, August 17th will be given a dividend of $0.295 per share on Tuesday, September 4th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend is Thursday, August 16th. View HNI's Dividend History.

How were HNI's earnings last quarter?

HNI Corp (NYSE:HNI) released its earnings results on Monday, July, 23rd. The business services provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.34 by $0.10. The business services provider earned $543.60 million during the quarter, compared to the consensus estimate of $525 million. HNI had a return on equity of 15.89% and a net margin of 4.13%. The firm's quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $0.42 EPS. View HNI's Earnings History.

When is HNI's next earnings date?

HNI is scheduled to release their next quarterly earnings announcement on Monday, October, 22nd 2018. View Earnings Estimates for HNI.

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

HNI issued an update on its FY18 earnings guidance on Monday, July, 23rd. The company provided EPS guidance of $2.35-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.56. HNI also updated its Q3 guidance to $0.80-0.90 EPS.

What price target have analysts set for HNI?

5 brokers have issued 12 month price objectives for HNI's stock. Their predictions range from $42.00 to $42.00. On average, they expect HNI's stock price to reach $42.00 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for HNI.

What is the consensus analysts' recommendation for HNI?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HNI in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HNI.

Who are some of HNI's key competitors?

Who are HNI's key executives?

HNI's management team includes the folowing people:
  • Mr. Jeffrey D. Lorenger, Pres, CEO & Director (Age 52)
  • Mr. Marshall H. Bridges, Sr. VP & CFO (Age 48)
  • Mr. Kurt A. Tjaden, Sr. VP & Pres of HNI International (Age 54)
  • Vincent P. Berger, Exec. VP & Pres of Hearth & Home Technologies (Age 45)
  • Jack D. Herring, Treasurer, Director of Fin. & Investor Relations

Has HNI been receiving favorable news coverage?

News stories about HNI stock have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HNI earned a daily sentiment score of 0.05 on Accern's scale. They also assigned news stories about the business services provider an impact score of 46.87 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for HNI.

Who are HNI's major shareholders?

HNI's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.92%), Dimensional Fund Advisors LP (2.95%), Frontier Capital Management Co. LLC (2.27%), Bank of New York Mellon Corp (1.75%), Wells Fargo & Company MN (1.40%) and Schwab Charles Investment Management Inc. (0.98%). Company insiders that own HNI stock include Donald T Mead, Jerald K Dittmer, Kurt A Tjaden, Marshall H Bridges, Miguel M Calado, Ronald V Waters, Stanley A Askren, Steven M Bradford and Vincent P Berger. View Institutional Ownership Trends for HNI.

Which institutional investors are selling HNI stock?

HNI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Raymond James & Associates, Frontier Capital Management Co. LLC, Royce & Associates LP, BNP Paribas Arbitrage SA, Zebra Capital Management LLC, Bank of America Corp DE and Municipal Employees Retirement System of Michigan. Company insiders that have sold HNI company stock in the last year include Kurt A Tjaden, Marshall H Bridges, Miguel M Calado, Ronald V Waters, Stanley A Askren and Vincent P Berger. View Insider Buying and Selling for HNI.

Which institutional investors are buying HNI stock?

HNI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Russell Investments Group Ltd., Merriman Wealth Management LLC, Schwab Charles Investment Management Inc., Citadel Advisors LLC, Dimensional Fund Advisors LP and Nisa Investment Advisors LLC. View Insider Buying and Selling for HNI.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is HNI's stock price today?

One share of HNI stock can currently be purchased for approximately $42.64.

How big of a company is HNI?

HNI has a market capitalization of $1.89 billion and generates $2.18 billion in revenue each year. The business services provider earns $89.79 million in net income (profit) each year or $1.97 on an earnings per share basis. HNI employs 9,600 workers across the globe.

How can I contact HNI?

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]


MarketBeat Community Rating for HNI (NYSE HNI)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  112 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  308
MarketBeat's community ratings are surveys of what our community members think about HNI and other stocks. Vote "Outperform" if you believe HNI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HNI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/15/2018 by MarketBeat.com Staff

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