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

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$38.50 +0.32 (+0.84 %)
(As of 03/18/2019 04:00 PM ET)
Previous Close$38.18
Today's Range$37.82 - $38.61
52-Week Range$32.55 - $45.40
Volume223,139 shs
Average Volume197,732 shs
Market Capitalization$1.67 billion
P/E Ratio15.98
Dividend Yield3.09%
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 N/A
Sub-IndustryOffice Services & Supplies
SectorBusiness Services
CUSIP40425110
Phone563-272-7400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.26 billion
Cash Flow$4.2448 per share
Book Value$12.85 per share

Profitability

Net Income$93.38 million

Miscellaneous

Employees9,600
Market Cap$1.67 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. Investors of record on Monday, February 25th will be given a dividend of $0.295 per share on Monday, March 4th. This represents a $1.18 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Friday, February 22nd. View HNI's Dividend History.

How were HNI's earnings last quarter?

HNI Corp (NYSE:HNI) posted its quarterly earnings results on Monday, February, 25th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.96 by $0.01. The business services provider had revenue of $598.10 million for the quarter, compared to analyst estimates of $604.93 million. HNI had a return on equity of 19.79% and a net margin of 4.14%. The business's revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 EPS. 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 issued an update on 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 earnings per share 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 equities research analysts have issued twelve-month price targets for HNI's stock. Their forecasts 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 11.7% 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 articles about HNI stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. HNI earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

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 institutional and retail 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 purchased 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 $38.50.

How big of a company is HNI?

HNI has a market capitalization of $1.67 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 9,600 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:  153 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  408
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 3/18/2019 by MarketBeat.com Staff

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