S&P 500   4,286.64 (+0.29%)
DOW   33,987.61 (+0.02%)
QQQ   329.62 (+0.34%)
AAPL   174.26 (-0.17%)
MSFT   291.15 (-0.06%)
META   175.38 (+0.30%)
GOOGL   120.56 (+0.84%)
AMZN   142.25 (+0.11%)
TSLA   911.13 (-0.09%)
NVDA   187.58 (+2.31%)
NIO   19.92 (-0.80%)
BABA   90.84 (+1.19%)
AMD   100.59 (+2.36%)
MU   63.07 (+2.35%)
T   18.52 (+0.54%)
CGC   3.74 (-7.88%)
F   16.17 (+0.87%)
GE   79.42 (-0.63%)
DIS   122.83 (+0.02%)
AMC   19.60 (-8.24%)
PYPL   100.43 (+1.02%)
PFE   48.62 (-1.32%)
NFLX   244.77 (+1.50%)
S&P 500   4,286.64 (+0.29%)
DOW   33,987.61 (+0.02%)
QQQ   329.62 (+0.34%)
AAPL   174.26 (-0.17%)
MSFT   291.15 (-0.06%)
META   175.38 (+0.30%)
GOOGL   120.56 (+0.84%)
AMZN   142.25 (+0.11%)
TSLA   911.13 (-0.09%)
NVDA   187.58 (+2.31%)
NIO   19.92 (-0.80%)
BABA   90.84 (+1.19%)
AMD   100.59 (+2.36%)
MU   63.07 (+2.35%)
T   18.52 (+0.54%)
CGC   3.74 (-7.88%)
F   16.17 (+0.87%)
GE   79.42 (-0.63%)
DIS   122.83 (+0.02%)
AMC   19.60 (-8.24%)
PYPL   100.43 (+1.02%)
PFE   48.62 (-1.32%)
NFLX   244.77 (+1.50%)
S&P 500   4,286.64 (+0.29%)
DOW   33,987.61 (+0.02%)
QQQ   329.62 (+0.34%)
AAPL   174.26 (-0.17%)
MSFT   291.15 (-0.06%)
META   175.38 (+0.30%)
GOOGL   120.56 (+0.84%)
AMZN   142.25 (+0.11%)
TSLA   911.13 (-0.09%)
NVDA   187.58 (+2.31%)
NIO   19.92 (-0.80%)
BABA   90.84 (+1.19%)
AMD   100.59 (+2.36%)
MU   63.07 (+2.35%)
T   18.52 (+0.54%)
CGC   3.74 (-7.88%)
F   16.17 (+0.87%)
GE   79.42 (-0.63%)
DIS   122.83 (+0.02%)
AMC   19.60 (-8.24%)
PYPL   100.43 (+1.02%)
PFE   48.62 (-1.32%)
NFLX   244.77 (+1.50%)
S&P 500   4,286.64 (+0.29%)
DOW   33,987.61 (+0.02%)
QQQ   329.62 (+0.34%)
AAPL   174.26 (-0.17%)
MSFT   291.15 (-0.06%)
META   175.38 (+0.30%)
GOOGL   120.56 (+0.84%)
AMZN   142.25 (+0.11%)
TSLA   911.13 (-0.09%)
NVDA   187.58 (+2.31%)
NIO   19.92 (-0.80%)
BABA   90.84 (+1.19%)
AMD   100.59 (+2.36%)
MU   63.07 (+2.35%)
T   18.52 (+0.54%)
CGC   3.74 (-7.88%)
F   16.17 (+0.87%)
GE   79.42 (-0.63%)
DIS   122.83 (+0.02%)
AMC   19.60 (-8.24%)
PYPL   100.43 (+1.02%)
PFE   48.62 (-1.32%)
NFLX   244.77 (+1.50%)
NYSE:HNI

HNI - HNI Stock Forecast, Price & News

$36.39
+0.28 (+0.78%)
(As of 08/18/2022 02:57 PM ET)
Add
Compare
Today's Range
$35.85
$36.39
50-Day Range
$33.17
$38.74
52-Week Range
$32.91
$44.50
Volume
3,696 shs
Average Volume
123,340 shs
Market Capitalization
$1.50 billion
P/E Ratio
21.79
Dividend Yield
3.52%
Price Target
$38.00

HNI MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.0% Upside
$38.00 Price Target
Short Interest
Healthy
2.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
0.48mentions of HNI in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$106,575 Sold Last Quarter
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.

1.87 out of 5 stars

Business Services Sector

276th out of 344 stocks

Office Furniture, Except Wood Industry

1st out of 2 stocks

HNI stock logo

About HNI (NYSE:HNI) Stock

HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. 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, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names. This segment markets its products 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 Down 0.7 %

HNI Stock opened at $36.11 on Thursday. HNI has a one year low of $32.91 and a one year high of $44.50. The stock has a market capitalization of $1.49 billion, a P/E ratio of 21.62 and a beta of 0.86. The company has a 50 day moving average price of $35.10 and a two-hundred day moving average price of $37.11. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.81 and a current ratio of 1.27.

HNI (NYSE:HNI - Get Rating) last announced its quarterly earnings data on Thursday, July 28th. The business services provider reported $0.52 EPS for the quarter. The business had revenue of $621.70 million during the quarter, compared to the consensus estimate of $606.65 million. HNI had a return on equity of 12.62% and a net margin of 3.01%. The business's revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 earnings per share.

HNI Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Investors of record on Friday, August 26th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Thursday, August 25th. This represents a $1.28 annualized dividend and a yield of 3.54%. HNI's payout ratio is 76.65%.

Analyst Upgrades and Downgrades

HNI has been the topic of several research reports. Sidoti lowered shares of HNI from a "buy" rating to a "neutral" rating and set a $38.00 price target on the stock. in a research report on Monday, August 1st. TheStreet upgraded HNI from a "c+" rating to a "b-" rating in a research report on Monday, June 27th. Finally, StockNews.com downgraded shares of HNI from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 6th.

Insider Buying and Selling at HNI

In other news, Director Larry B. Porcellato sold 1,500 shares of the stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $36.10, for a total value of $54,150.00. Following the completion of the sale, the director now owns 43,018 shares of the company's stock, valued at $1,552,949.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.70% of the stock is currently owned by corporate insiders.

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.

HNI Stock News Headlines

HNI (NYSE:HNI) Stock Rating Lowered by StockNews.com
HNI (NYSE:HNI) Downgraded to "Neutral" at Sidoti
StockNews.com Upgrades HNI (NYSE:HNI) to "Strong-Buy"
HNI: Q2 Earnings Insights
HNI: Q2 Earnings Insights - Benzinga
HNI FQ2 Non-GAAP EPS, revenue beats - Seeking Alpha
Homeware Global Market Report 2022 - Yahoo Finance
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.

HNI Company Calendar

Ex-Dividend for 6/8 Dividend
5/26/2022
Dividend Payable
6/08/2022
Last Earnings
7/28/2022
Today
8/18/2022
Ex-Dividend for 9/8 Dividend
8/25/2022
Dividend Payable
9/08/2022
Next Earnings (Estimated)
10/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Office furniture, except wood
Sub-Industry
Office Services & Supplies
CUSIP
40425110
Employees
8,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$38.00
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+4.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$59.81 million
Pretax Margin
3.39%

Debt

Sales & Book Value

Annual Sales
$2.18 billion
Cash Flow
$3.68 per share
Book Value
$13.60 per share

Miscellaneous

Free Float
40,217,000
Market Cap
$1.50 billion
Optionable
Optionable
Beta
0.86

Key Executives














HNI Stock - Frequently Asked Questions

Should I buy or sell HNI stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HNI in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HNI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HNI, but not buy additional shares or sell existing shares.
View HNI analyst ratings
or view top-rated stocks.

What is HNI's stock price forecast for 2022?

1 Wall Street analysts have issued 1 year price objectives for HNI's stock. Their HNI share price forecasts range from $38.00 to $38.00. On average, they expect the company's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 5.2% 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 2022?

HNI's stock was trading at $42.05 at the beginning of the year. Since then, HNI stock has decreased by 14.1% and is now trading at $36.11.
View the best growth stocks for 2022 here
.

When is HNI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our HNI earnings forecast
.

How were HNI's earnings last quarter?

HNI Co. (NYSE:HNI) released its quarterly earnings data on Thursday, July, 28th. The business services provider reported $0.52 EPS for the quarter. The business services provider earned $621.70 million during the quarter, compared to the consensus estimate of $606.65 million. HNI had a net margin of 3.01% and a trailing twelve-month return on equity of 12.62%. The firm's revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 EPS.

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

HNI announced a quarterly dividend on Wednesday, August 17th. Stockholders of record on Friday, August 26th will be paid a dividend of $0.32 per share on Thursday, September 8th. This represents a $1.28 annualized dividend and a dividend yield of 3.54%. The ex-dividend date is Thursday, August 25th.
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 3.52%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 76.65%. Payout ratios above 75% are not desirable because they may not be sustainable.
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 variety of retail and institutional investors. Top institutional investors include Northern Trust Corp (5.26%), State Street Corp (3.78%), FMR LLC (3.68%), Frontier Capital Management Co. LLC (1.38%), Crawford Investment Counsel Inc. (1.23%) and Principal Financial Group Inc. (1.15%). Insiders that own company stock include Brian E Stern, Donna D Meade, Jeffrey D Lorenger, Kurt A Tjaden, Larry B Porcellato, Larry B Porcellato, Marshall H Bridges, Mary A Bell, Miguel M Calado, 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 $36.11.

How much money does HNI make?

HNI (NYSE:HNI) has a market capitalization of $1.49 billion and generates $2.18 billion in revenue each year. The business services provider earns $59.81 million in net income (profit) each year or $1.67 on an earnings per share basis.

How many employees does HNI have?

The company employs 8,100 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 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 8/18/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.