Free Trial
NYSE:HNI

HNI (HNI) Stock Price, News & Analysis

$54.51
+0.57 (+1.06%)
(As of 07/26/2024 ET)
Today's Range
$52.90
$54.77
50-Day Range
$43.32
$53.94
52-Week Range
$27.92
$54.77
Volume
563,661 shs
Average Volume
252,458 shs
Market Capitalization
$2.58 billion
P/E Ratio
40.38
Dividend Yield
2.42%
Price Target
$57.00

HNI MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.6% Upside
$63.00 Price Target
Short Interest
Healthy
1.89% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.24
Upright™ Environmental Score
News Sentiment
0.55mentions of HNI in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$1.69 M Sold Last Quarter
Proj. Earnings Growth
16.77%
From $3.10 to $3.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.60 out of 5 stars

Business Services Sector

58th out of 317 stocks

Office Furniture, Except Wood Industry

2nd out of 2 stocks

HNI stock logo

About HNI Stock (NYSE:HNI)

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style brands. This segment sells its products through independent office products dealers, wholesalers, office product distributors, e-commerce focused resellers, and wholesalers, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled prefabricated fireplaces; and inserts, hearth stoves, facings, outdoor fire pits and fire tables, and accessories. This segment sells its products primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, Stellar, SimpliFire, The Outdoor GreatRoom Company, and Forge & Flame brand names through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

HNI Stock Price History

HNI Stock News Headlines

How a $0.25 cent option contract makes my top traders feel
If you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…
HNI Shares Rise on Expected Return to Revenue Growth
Q2 2024 HNI Corp Earnings Call
Here's what Wall Street expects from HNI's earnings
HNI Corporation Reports Second Quarter 2024 Results
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
HNI (HNI) to Release Earnings on Thursday
Here's Why Momentum in HNI Should Keep Going
Short Interest in HNI Co. (NYSE:HNI) Increases By 9.9%
HNI Corporation Elects New Director
See More Headlines
Receive HNI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for HNI and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 6/12 Dividend
5/23/2024
Dividend Payable
6/12/2024
Last Earnings
7/25/2024
Today
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Office furniture, except wood
Sub-Industry
Office Services & Supplies
CUSIP
40425110
Employees
8,200
Year Founded
1944

Price Target and Rating

Average Stock Price Target
$57.00
High Stock Price Target
$57.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+5.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$49.20 million
Pretax Margin
3.26%

Debt

Sales & Book Value

Annual Sales
$2.43 billion
Cash Flow
$5.09 per share
Book Value
$16.35 per share

Miscellaneous

Free Float
45,708,000
Market Cap
$2.55 billion
Optionable
Optionable
Beta
0.86

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives


HNI Stock Analysis - Frequently Asked Questions

How have HNI shares performed this year?

HNI's stock was trading at $41.83 on January 1st, 2024. Since then, HNI shares have increased by 30.3% and is now trading at $54.51.
View the best growth stocks for 2024 here
.

How were HNI's earnings last quarter?

HNI Co. (NYSE:HNI) issued its earnings results on Thursday, July, 25th. The business services provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.19. The firm's revenue for the quarter was up 10.7% compared to the same quarter last year.

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.

Does HNI have any subsidiaries?

HNI subsidiaries include Design Public Group, OFM, VCG, Dansons Inc, BP Ergo Ltd, Sagus International, Hickory Business Furniture, and others.

Who are HNI's major shareholders?

Top institutional investors of HNI include Bank of New York Mellon Corp (1.19%), SummerHaven Investment Management LLC (0.06%), Summit Global Investments (0.05%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include Jeffrey D Lorenger, Marshall H Bridges, Mary A Bell, Vincent P Berger, Steven M Bradford, Larry B Porcellato, Miguel M Calado, Donna D Meade and Kurt A Tjaden.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of HNI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HNI investors own include Intuitive Surgical (ISRG), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), Altria Group (MO) and Intel (INTC).

This page (NYSE:HNI) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners