S&P 500   3,852.36
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QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
The Next Big Crisis Is Here (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Wall Street adds more to its big January after strong week
NYSE:HNI

HNI - HNI Stock Forecast, Price & News

$30.58
+0.29 (+0.96%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$30.09
$30.92
50-Day Range
$26.92
$31.01
52-Week Range
$26.51
$44.50
Volume
103,789 shs
Average Volume
115,859 shs
Market Capitalization
$1.26 billion
P/E Ratio
11.12
Dividend Yield
4.23%
Price Target
$38.00

HNI MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
24.3% Upside
$38.00 Price Target
Short Interest
Bearish
3.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.24
Upright™ Environmental Score
News Sentiment
0.60mentions of HNI in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$42,360 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.

2.19 out of 5 stars

Business Services Sector

78th out of 329 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 and Canada. 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, and HNI India brands. This segment sells its products through independent office products dealers, wholesalers, office product distributors, e-commerce focused resellers, and wholesalers, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories. This segment sells its products 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 through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

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HNI Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
ALLSTEEL ANNOUNCES INVESTMENT FOCUS FOR 2023
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
HNI Corporation (HNI) Q3 2022 Earnings Call Transcript
HNI Q3 Profit Rises, Tops Estimates; Sees Modestly Higher Earnings In Q4
HNI: Q3 Earnings Insights
See More Headlines
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HNI Company Calendar

Last Earnings
10/24/2021
Ex-Dividend for 12/1 Dividend
11/18/2022
Dividend Payable
12/01/2022
Today
1/28/2023
Next Earnings (Estimated)
2/27/2023
Fiscal Year End
12/31/2023

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
+24.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$59.81 million
Pretax Margin
5.68%

Debt

Sales & Book Value

Annual Sales
$2.18 billion
Cash Flow
$3.72 per share
Book Value
$13.54 per share

Miscellaneous

Free Float
40,247,000
Market Cap
$1.26 billion
Optionable
Optionable
Beta
0.92

Key Executives

  • Mr. Jeffrey D. LorengerMr. Jeffrey D. Lorenger (Age 57)
    Chairman, Pres & CEO
    Comp: $2.35M
  • Mr. Marshall H. BridgesMr. Marshall H. Bridges (Age 53)
    Sr. VP & CFO
    Comp: $993.77k
  • Mr. Steven Mark BradfordMr. Steven Mark Bradford (Age 65)
    Sr. VP, Gen. Counsel & Sec.
    Comp: $877.42k
  • Mr. Vincent P. Berger (Age 50)
    Exec. VP and Pres of Hearth & Home Technologies
    Comp: $1.09M
  • Mr. Jack D. Herring
    VP of Corp. Fin. & Treasurer
  • Mr. Radhakrishna S. Rao
    VP and Chief Information & Digital Officer
  • Mr. Matthew Scott McCall C.F.A.
    VP of Investor Relations & Corp. Devel.
  • Ms. Julie M. Abramowski (Age 47)
    VP & Corp. Controller
  • Mr. Brandon Bishop Bullock III (Age 45)
    Pres of The HON Company
  • Mr. Jason Dean Hagedorn (Age 49)
    Pres of Allsteel Inc.













HNI Stock - Frequently Asked Questions

Should I buy or sell HNI stock right now?

1 Wall Street 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 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 2023?

1 Wall Street analysts have issued 1 year target prices for HNI's shares. Their HNI share price forecasts range from $38.00 to $38.00. On average, they anticipate the company's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 24.3% 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 2023?

HNI's stock was trading at $28.43 at the beginning of 2023. Since then, HNI shares have increased by 7.6% and is now trading at $30.58.
View the best growth stocks for 2023 here
.

Are investors shorting HNI?

HNI saw a increase in short interest in December. As of December 30th, there was short interest totaling 1,340,000 shares, an increase of 6.3% from the December 15th total of 1,260,000 shares. Based on an average trading volume of 174,000 shares, the short-interest ratio is presently 7.7 days. Approximately 3.3% of the company's shares are short sold.
View HNI's Short Interest
.

When is HNI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our HNI earnings forecast
.

How were HNI's earnings last quarter?

HNI Co. (NYSE:HNI) announced its earnings results on Sunday, October, 24th. The business services provider reported $0.43 earnings per share for the quarter, meeting analysts' consensus estimates of $0.43. The business services provider had revenue of $586.70 million for the quarter, compared to analyst estimates of $592.14 million. HNI had a net margin of 4.83% and a trailing twelve-month return on equity of 14.54%. The company's quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.71 EPS.

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

HNI announced a quarterly dividend on Wednesday, November 9th. Investors of record on Monday, November 21st will be given a dividend of $0.32 per share on Thursday, December 1st. This represents a $1.28 annualized dividend and a yield of 4.19%. The ex-dividend date of this dividend is Friday, November 18th.
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 4.23%. HNI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.55%. This payout ratio is at a healthy, sustainable level, below 75%.
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 shareholders include Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%), SummerHaven Investment Management LLC (0.05%), Hennion & Walsh Asset Management Inc. (0.04%), Maryland State Retirement & Pension System (0.04%) and Wealth Alliance Advisory Group LLC (0.02%). Insiders that own company stock include Donna D Meade, Jeffrey D Lorenger, Kurt A Tjaden, Larry B Porcellato, Larry B Porcellato, Marshall H Bridges, Mary A Bell, 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 $30.58.

How much money does HNI make?

HNI (NYSE:HNI) has a market capitalization of $1.26 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 $2.75 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 1/28/2023 by MarketBeat.com Staff