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NYSE:HNI - HNI Stock Price, Forecast & News

$25.07
-0.15 (-0.59 %)
(As of 03/29/2020 05:59 AM ET)
Today's Range
$23.56
Now: $25.07
$25.73
50-Day Range
$18.13
MA: $31.56
$40.70
52-Week Range
$16.60
Now: $25.07
$42.90
Volume230,783 shs
Average Volume297,121 shs
Market Capitalization$1.07 billion
P/E Ratio9.83
Dividend Yield4.84%
Beta1.17
HNI Corporation manufactures and sells office furniture and hearth products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, Singapore, and Taiwan. Its Office Furniture segment offers a range of 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, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, and office product distributors, as well as directly to end-user customers; and federal, state, and local governments. The company's Hearth Products segment provides various gas, electric, wood, and biomass burning fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, Stellar Hearth, and PelPro brands. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. HNI Corporation was incorporated in 1944 and is headquartered in Muscatine, Iowa.
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HNI logo

Industry, Sector and Symbol

Industry Office furniture, except wood
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
CUSIP40425110
Phone563-272-7400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.25 billion
Cash Flow$4.41 per share
Book Value$13.65 per share

Profitability

Net Income$110.50 million

Miscellaneous

Employees8,500
Market Cap$1.07 billion
Next Earnings Date4/27/2020 (Estimated)
OptionableOptionable

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HNI (NYSE:HNI) Frequently Asked Questions

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

HNI's stock was trading at $26.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HNI stock has decreased by 5.7% and is now trading at $25.07. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of HNI?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HNI in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for HNI.

When is HNI's next earnings date?

HNI is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for HNI.

How were HNI's earnings last quarter?

HNI Corp (NYSE:HNI) released its quarterly earnings data on Wednesday, February, 19th. The business services provider reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.08. The business services provider earned $616.10 million during the quarter, compared to analysts' expectations of $626.24 million. HNI had a net margin of 4.92% and a return on equity of 20.28%. HNI's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.97 EPS. View HNI's earnings history.

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

HNI announced a quarterly dividend on Thursday, February 13th. Investors of record on Monday, February 24th will be paid a dividend of $0.305 per share on Monday, March 2nd. This represents a $1.22 dividend on an annualized basis and a yield of 4.87%. The ex-dividend date of this dividend is Friday, February 21st. View HNI's dividend history.

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

HNI issued an update on its FY20 earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of $2.60-2.90 for the period, compared to the Thomson Reuters consensus estimate of $2.90. The company issued revenue guidance of $2.30-2.35 billion, compared to the consensus revenue estimate of $2.31 billion.

What price target have analysts set for HNI?

1 brokers have issued 1 year price objectives for HNI's shares. Their forecasts range from $45.00 to $45.00. On average, they anticipate HNI's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 79.5% from the stock's current price. View analysts' price targets for HNI.

Has HNI been receiving favorable news coverage?

Headlines about HNI stock have been trending somewhat positive on Sunday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. HNI earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutHNI.

Are investors shorting HNI?

HNI saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 599,900 shares, an increase of 5.4% from the February 27th total of 568,900 shares. Based on an average daily trading volume, of 182,200 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.4% of the shares of the stock are sold short. View HNI's Current Options Chain.

Who are some of HNI's key competitors?

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), Dominion Energy (D), Ford Motor (F), IBM (IBM), Exxon Mobil (XOM), IntriCon (IIN), Pattern Energy Group (PEGI), Primo Water (PRMW) and AbbVie (ABBV).

Who are HNI's key executives?

HNI's management team includes the following people:
  • Mr. Jeffrey D. Lorenger, Pres, CEO & Director (Age 53)
  • Mr. Marshall H. Bridges, Sr. VP & CFO (Age 49)
  • Mr. Kurt A. Tjaden, Sr. VP (Age 55)
  • Vincent P. Berger, Exec. VP (Age 46)
  • Jack D. Herring, Director of Fin. & Investor Relations and Treasurer

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 State Street Corp (3.25%), Bank of New York Mellon Corp (1.67%), Norges Bank (1.63%), Geode Capital Management LLC (1.34%), Goldman Sachs Group Inc. (1.23%) and Charles Schwab Investment Management Inc. (1.17%). Company insiders that own HNI stock include Brian E Stern, Jeffrey D Lorenger, Kurt A Tjaden, Larry B Porcellato, Marshall H Bridges, Miguel M Calado, Ronald V Waters, Stanley A Askren and Vincent P Berger. View institutional ownership trends for HNI.

Which major investors are selling HNI stock?

HNI stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, NWQ Investment Management Company LLC, Bank of New York Mellon Corp, Bank of America Corp DE, Thrivent Financial for Lutherans, Skandinaviska Enskilda Banken AB publ, UBS Group AG, and Stifel Financial Corp. Company insiders that have sold HNI company stock in the last year include Brian E Stern, Jeffrey D Lorenger, Larry B Porcellato, and Miguel M Calado. View insider buying and selling activity for HNI.

Which major investors are buying HNI stock?

HNI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Goldman Sachs Group Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Russell Investments Group Ltd., Barrow Hanley Mewhinney & Strauss LLC, Seizert Capital Partners LLC, and Citigroup Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is HNI's stock price today?

One share of HNI stock can currently be purchased for approximately $25.07.

How big of a company is HNI?

HNI has a market capitalization of $1.07 billion and generates $2.25 billion in revenue each year. The business services provider earns $110.50 million in net income (profit) each year or $2.59 on an earnings per share basis. HNI employs 8,500 workers across the globe. View additional information about HNI.

What is HNI's official website?

The official website for HNI is http://www.hnicorp.com/.

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:  1.9 out of 5 (star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  550
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 3/29/2020 by MarketBeat.com Staff

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