S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:HNI

HNI Stock Forecast, Price & News

$40.76
-1.78 (-4.18%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$40.11
$41.83
50-Day Range
$35.78
$42.75
52-Week Range
$32.22
$46.93
Volume
149,910 shs
Average Volume
250,800 shs
Market Capitalization
$1.78 billion
P/E Ratio
24.26
Dividend Yield
2.91%
Beta
1.02
30 days | 90 days | 365 days | Advanced Chart
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HNI logo

About HNI

HNI Corp. engages in the provision of workplace furnishings and residential building products. It operates through the following segments: Workplace Furnishing and Residential Building Products. 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.

Headlines

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Industry, Sector and Symbol

Industry
Office furniture, except wood
Sub-Industry
Office Services & Supplies
CUSIP
40425110
Employees
7,700
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.96 billion
Cash Flow
$4.36 per share
Book Value
$14.46 per share

Profitability

Net Income
$41.92 million
Pretax Margin
4.56%

Debt

Price-To-Earnings

Miscellaneous

Free Float
42,383,000
Market Cap
$1.78 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/24/2021
Ex-Dividend
11/19/2021
Today
11/27/2021
Dividend Payable
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/07/2022

MarketRank

Overall MarketRank

2.08 out of 5 stars

Business Services Sector

136th out of 420 stocks

Office Furniture, Except Wood Industry

2nd out of 2 stocks

Analyst Opinion: 2.5Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












HNI (NYSE:HNI) Frequently Asked Questions

Is HNI a buy right now?

1 Wall Street equities research 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 equities research analysts is that investors should "buy" HNI stock.
View analyst ratings for HNI
or view top-rated stocks.

How has HNI's stock price been impacted by COVID-19 (Coronavirus)?

HNI's stock was trading at $26.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HNI shares have increased by 53.3% and is now trading at $40.76.
View which stocks have been most impacted by COVID-19
.

Are investors shorting HNI?

HNI saw a decrease in short interest during the month of October. As of October 15th, there was short interest totaling 876,400 shares, a decrease of 18.9% from the September 30th total of 1,080,000 shares. Based on an average daily trading volume, of 189,500 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.0% of the shares of the stock are short sold.
View HNI's Short Interest
.

When is HNI's next earnings date?

HNI is scheduled to release its next quarterly earnings announcement on Monday, March 7th 2022.
View our earnings forecast for HNI
.

How were HNI's earnings last quarter?

HNI Co. (NYSE:HNI) announced its quarterly earnings data on Sunday, October, 24th. The business services provider reported $0.43 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.43. The business services provider had revenue of $586.70 million for the quarter, compared to analyst estimates of $592.14 million. HNI had a trailing twelve-month return on equity of 13.13% and a net margin of 3.46%. The company's quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.71 EPS.
View HNI's earnings history
.

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

HNI declared a quarterly dividend on Friday, November 12th. Investors of record on Monday, November 22nd will be given a dividend of $0.31 per share on Wednesday, December 1st. This represents a $1.24 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend is Friday, November 19th.
View HNI's dividend history
.

Is HNI a good dividend stock?

HNI pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.91%. HNI does not yet have a strong track record of dividend growth. The dividend payout ratio of HNI is 73.81%. This payout ratio is at a healthy, sustainable level, below 75%.
View HNI's dividend history.

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

HNI updated its third quarter 2021 earnings guidance on Thursday, October, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $588.19 million-$598.33 million, compared to the consensus revenue estimate of $629.94 million.

What price target have analysts set for HNI?

1 equities research analysts have issued 1 year price targets for HNI's shares. Their forecasts range from $48.00 to $48.00. On average, they expect HNI's stock price to reach $48.00 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
View analysts' price targets for HNI
or view top-rated stocks among Wall Street analysts.

Who are HNI's key executives?

HNI's management team includes the following people:
  • Jeffrey D. Lorenger, Chairman, President & Chief Executive Officer
  • Marshall H. Bridges, Chief Financial Officer & Senior Vice President
  • Kris Rao, Chief Information & Digital Officer, VP
  • Vincent Paul Berger, Executive Vice President
  • Steven M. Bradford, Secretary, Senior Vice President & General Counsel

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

14 employees have rated HNI CEO Jeff Lorenger on Glassdoor.com. Jeff Lorenger has an approval rating of 77% among HNI'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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.73%), State Farm Mutual Automobile Insurance Co. (9.25%), Dimensional Fund Advisors LP (2.55%), Bank of New York Mellon Corp (1.75%), Geode Capital Management LLC (1.70%) and Invesco Ltd. (1.46%). Company insiders that own HNI stock include Brian E Stern, Donna D Meade, Jeffrey D Lorenger, Kurt A Tjaden, Larry B Porcellato, Marshall H Bridges, Mary A Bell, Miguel M Calado, 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 State Farm Mutual Automobile Insurance Co., Arrowstreet Capital Limited Partnership, BlackRock Inc., Goldman Sachs Group Inc., Citadel Advisors LLC, Grantham Mayo Van Otterloo & Co. LLC, Frontier Capital Management Co. LLC, and Blueshift Asset Management LLC. Company insiders that have sold HNI company stock in the last year include Donna D Meade, Jeffrey D Lorenger, Kurt A Tjaden, Larry B Porcellato, Miguel M Calado, and Steven M Bradford.
View insider buying and selling activity for HNI
or view top insider-selling stocks.

Which institutional investors are buying HNI stock?

HNI stock was bought by a variety of institutional investors in the last quarter, including Crawford Investment Counsel Inc., Invesco Ltd., Eaton Vance Management, Principal Financial Group Inc., Tudor Investment Corp Et Al, SG Capital Management LLC, Skandinaviska Enskilda Banken AB publ , and Nordea Investment Management AB.
View insider buying and selling activity for HNI
or or view top insider-buying stocks.

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 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 $40.76.

How much money does HNI make?

HNI has a market capitalization of $1.78 billion and generates $1.96 billion in revenue each year. The business services provider earns $41.92 million in net income (profit) each year or $1.68 on an earnings per share basis.

How many employees does HNI have?

HNI employs 7,700 workers across the globe.

What is HNI's official website?

The official website for HNI is www.hnicorp.com.

Where are HNI's headquarters?

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, via email at [email protected], or via fax at 563-272-7217.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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