NYSE:HNI - HNI Stock Price, News, & Analysis

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$37.38 -1.17 (-3.04 %)
(As of 03/20/2019 01:10 PM ET)
Previous Close$38.55
Today's Range$37.25 - $38.42
52-Week Range$32.55 - $45.40
Volume5,879 shs
Average Volume220,552 shs
Market Capitalization$1.63 billion
P/E Ratio15.47
Dividend Yield3.06%
Beta1.31
HNI 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.26 billion
Cash Flow$4.0107 per share
Book Value$12.85 per share

Profitability

Net Income$93.38 million

Miscellaneous

Employees8,900
Market Cap$1.63 billion
Next Earnings Date4/19/2019 (Estimated)
OptionableOptionable

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 Thursday, February 14th. Shareholders of record on Monday, February 25th will be paid a dividend of $0.295 per share on Monday, March 4th. This represents a $1.18 annualized dividend and a yield of 3.16%. The ex-dividend date is Friday, February 22nd. View HNI's Dividend History.

How were HNI's earnings last quarter?

HNI Corp (NYSE:HNI) announced its quarterly earnings results on Monday, February, 25th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.96 by $0.01. The business services provider earned $598.10 million during the quarter, compared to analysts' expectations of $604.93 million. HNI had a net margin of 4.14% and a return on equity of 19.79%. HNI's revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.47 earnings per share. View HNI's Earnings History.

When is HNI's next earnings date?

HNI is scheduled to release their next quarterly earnings announcement on Friday, April 19th 2019. View Earnings Estimates for HNI.

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

HNI updated its FY19 earnings guidance on Monday, February, 25th. The company provided EPS guidance of $2.50-$2.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.02. HNI also updated its FY 2019 guidance to $2.50-2.90 EPS.

What price target have analysts set for HNI?

2 Wall Street analysts have issued 1 year price targets for HNI's shares. Their predictions range from $43.00 to $43.00. On average, they anticipate HNI's stock price to reach $43.00 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for HNI.

What is the consensus analysts' recommendation for HNI?

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

Has HNI been receiving favorable news coverage?

News coverage about HNI stock has been trending somewhat positive on Wednesday, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. HNI earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.

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), Biogen (BIIB), Humana (HUM), Zendesk (ZEN), Energen (EGN), Merck & Co., Inc. (MRK), Core Laboratories (CLB), United States Brent Oil Fund (BNO) and Baxter International (BAX).

Who are HNI's key executives?

HNI's management team includes the folowing 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

Who are HNI's major shareholders?

HNI's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.29%), Dimensional Fund Advisors LP (2.95%), Principal Financial Group Inc. (1.93%), Norges Bank (1.77%), Bank of New York Mellon Corp (1.72%) and Northern Trust Corp (1.62%). Company insiders that own HNI stock include 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 major investors are selling HNI stock?

HNI stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Deprince Race & Zollo Inc., Comerica Bank, Principal Financial Group Inc., Barclays PLC, Bank of New York Mellon Corp, SG Americas Securities LLC and First Trust Advisors LP. 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 major investors are buying HNI stock?

HNI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., D. E. Shaw & Co. Inc., Los Angeles Capital Management & Equity Research Inc., Geode Capital Management LLC, Geode Capital Management LLC, Rhumbline Advisers and New York State Common Retirement Fund. 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 $37.29.

How big of a company is HNI?

HNI has a market capitalization of $1.62 billion and generates $2.26 billion in revenue each year. The business services provider earns $93.38 million in net income (profit) each year or $2.41 on an earnings per share basis. HNI employs 8,900 workers across the globe.

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:  154 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  409
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 3/20/2019 by MarketBeat.com Staff

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