NYSE:HNI - HNI Stock Price, News & Analysis

$34.46
-0.13 (-0.38 %)
(As of 09/17/2019 02:52 PM ET)
Today's Range
$33.90
Now: $34.46
$34.57
50-Day Range
$30.16
MA: $31.96
$34.91
52-Week Range
$29.90
Now: $34.46
$44.79
Volume6,421 shs
Average Volume193,519 shs
Market Capitalization$1.48 billion
P/E Ratio14.31
Dividend Yield3.56%
Beta1.23
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. Read More…

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$4.1518 per share
Book Value$12.85 per share

Profitability

Net Income$93.38 million

Miscellaneous

Employees8,900
Market Cap$1.48 billion
Next Earnings Date10/28/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, August 6th. Stockholders of record on Friday, August 16th will be paid a dividend of $0.305 per share on Tuesday, September 3rd. This represents a $1.22 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend is Thursday, August 15th. View HNI's Dividend History.

How were HNI's earnings last quarter?

HNI Corp (NYSE:HNI) posted its quarterly earnings data on Wednesday, July, 24th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.41 by $0.03. The business services provider had revenue of $526 million for the quarter, compared to the consensus estimate of $551.13 million. HNI had a net margin of 4.02% and a return on equity of 18.33%. The firm's quarterly revenue was down 3.2% compared to the same quarter last year. During the same period last year, the company earned $0.44 EPS. View HNI's Earnings History.

When is HNI's next earnings date?

HNI is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for HNI.

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

HNI updated its FY19 earnings guidance on Wednesday, July, 24th. The company provided EPS guidance of $2.50-2.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.60. The company issued revenue guidance of +0-3% yr/yr to $2.26-2.32 billion, compared to the consensus revenue estimate of $2.31 billion.

What price target have analysts set for HNI?

2 brokers have issued 1 year target prices for HNI's shares. Their forecasts range from $45.00 to $45.00. On average, they expect HNI's share price to reach $45.00 in the next year. This suggests a possible upside of 30.5% 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?

Headlines about HNI stock have trended negative on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. HNI earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for HNI.

Are investors shorting HNI?

HNI saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 745,000 shares, a decrease of 7.1% from the July 31st total of 802,100 shares. Based on an average daily trading volume, of 218,000 shares, the short-interest ratio is currently 3.4 days. Currently, 1.8% of the company's shares 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), IntriCon (IIN), Ford Motor (F), Biogen (BIIB), Zendesk (ZEN), BP (BP), Acorda Therapeutics (ACOR), Addus Homecare (ADUS) and Allegiant Travel (ALGT).

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 number of of institutional and retail investors. Top institutional investors include State Farm Mutual Automobile Insurance Co. (15.56%), BlackRock Inc. (11.64%), Vanguard Group Inc. (9.77%), Bank of New York Mellon Corp (1.89%), Northern Trust Corp (1.70%) and Charles Schwab Investment Management Inc. (1.08%). Company insiders that own HNI stock include Kurt A Tjaden, 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 State Farm Mutual Automobile Insurance Co., Wells Fargo & Company MN, WINTON GROUP Ltd, Vanguard Group Inc., Systematic Financial Management LP, Tower Research Capital LLC TRC , Charles Schwab Investment Management Inc. and Parametric Portfolio Associates LLC. Company insiders that have sold HNI company stock in the last year include Ronald V Waters and Stanley A Askren. View Insider Buying and Selling for HNI.

Which major investors are buying HNI stock?

HNI stock was bought by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., AQR Capital Management LLC, Nuveen Asset Management LLC, Bank of America Corp DE, Citadel Advisors LLC, Arcus Capital Partners LLC, Morgan Stanley and Eaton Vance Management. 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, Robinhood, Fidelity and Charles Schwab.

What is HNI's stock price today?

One share of HNI stock can currently be purchased for approximately $34.49.

How big of a company is HNI?

HNI has a market capitalization of $1.48 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.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:  179 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  478
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 9/17/2019 by MarketBeat.com Staff

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