S&P 500   4,967.23
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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:HNI

HNI (HNI) Stock Price, News & Analysis

$42.17
+0.91 (+2.21%)
(As of 04/19/2024 ET)
Today's Range
$41.17
$42.21
50-Day Range
$41.09
$45.14
52-Week Range
$24.81
$45.47
Volume
204,990 shs
Average Volume
259,055 shs
Market Capitalization
$1.99 billion
P/E Ratio
41.34
Dividend Yield
3.04%
Price Target
$45.00

HNI MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.7% Upside
$45.00 Price Target
Short Interest
Healthy
1.26% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.24
Upright™ Environmental Score
News Sentiment
1.16mentions of HNI in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$749,534 Sold Last Quarter
Proj. Earnings Growth
11.60%
From $2.93 to $3.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.92 out of 5 stars

Business Services Sector

62nd out of 305 stocks

Office Furniture, Except Wood Industry

1st out of 2 stocks

HNI stock logo

About HNI Stock (NYSE:HNI)

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of 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, benching, tables, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style 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 prefabricated fireplaces; and inserts, hearth stoves, facings, outdoor fire pits and fire tables, and accessories. This segment sells its products primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, Stellar, SimpliFire, The Outdoor GreatRoom Company, and Forge & Flame 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.

HNI Stock Price History

HNI Stock News Headlines

HNI Co. (NYSE:HNI) Director Sells $124,990.74 in Stock
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
HNI Corporation Receives DOE Better Project Award
HNI Co. (NYSE:HNI) Sees Significant Decline in Short Interest
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/6 Dividend
2/23/2024
Dividend Payable
3/06/2024
Today
4/19/2024
Next Earnings (Confirmed)
4/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Office furniture, except wood
Sub-Industry
Office Services & Supplies
CUSIP
40425110
Employees
8,200
Year Founded
1944

Price Target and Rating

Average Stock Price Target
$45.00
High Stock Price Target
$45.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+6.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$49.20 million
Pretax Margin
2.66%

Debt

Sales & Book Value

Annual Sales
$2.43 billion
Cash Flow
$4.74 per share
Book Value
$16.35 per share

Miscellaneous

Free Float
45,698,000
Market Cap
$1.99 billion
Optionable
Optionable
Beta
0.86

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Key Executives


HNI Stock Analysis - 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 year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" HNI shares.
View HNI analyst ratings
or view top-rated stocks.

What is HNI's stock price target for 2024?

1 brokers have issued 12 month price targets for HNI's shares. Their HNI share price targets range from $45.00 to $45.00. On average, they anticipate the company's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 6.7% 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 2024?

HNI's stock was trading at $41.83 at the beginning of the year. Since then, HNI shares have increased by 0.8% and is now trading at $42.17.
View the best growth stocks for 2024 here
.

Are investors shorting HNI?

HNI saw a decrease in short interest in March. As of March 31st, there was short interest totaling 595,100 shares, a decrease of 5.1% from the March 15th total of 627,000 shares. Based on an average daily trading volume, of 270,000 shares, the days-to-cover ratio is presently 2.2 days.
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, April 29th 2024.
View our HNI earnings forecast
.

How can I listen to HNI's earnings call?

HNI will be holding an earnings conference call on Monday, April 29th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "7175411".

How were HNI's earnings last quarter?

HNI Co. (NYSE:HNI) released its earnings results on Thursday, February, 22nd. The business services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.18. The business services provider had revenue of $679.80 million for the quarter, compared to the consensus estimate of $686.15 million. HNI had a trailing twelve-month return on equity of 16.97% and a net margin of 2.03%. The firm's quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.63 earnings per share.

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

HNI declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Monday, February 26th will be paid a dividend of $0.32 per share on Wednesday, March 6th. This represents a $1.28 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend is Friday, February 23rd.
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 3.12%. The dividend payout ratio is 125.49%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HNI will have a dividend payout ratio of 39.14% next year. This indicates that the company will be able to sustain or increase its dividend.
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).

Who are HNI's major shareholders?

HNI's stock is owned by a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.06%) and Hennion & Walsh Asset Management Inc. (0.01%). Insiders that own company stock include Donna D Meade, Jeffrey D Lorenger, Kurt A Tjaden, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does HNI have any subsidiaries?
The following companies are subsidiares of HNI: Aladdin Steel Products Inc, Allied Group, Allsteel Inc., American Fireplace Company, Architectural Installations Atlanta Inc., BP Ergo Ltd, Dansons Inc, Design Holdings Inc., Design Public Group, Dongguan Lamex Furniture Co. Ltd., Edward George Company, Global Known Ltd., HFM Partners, HNI Asia L.L.C., HNI Asia Technology Services (Shenzhen) Limited, HNI Holdings Inc., HNI Hong Kong Limited, HNI International (Mexico) L.L.C., HNI International (Puerto Rico) L.L.C., HNI International Inc., HNI Middle East DMCC, HNI Office India Ltd., HNI Services LLC, HNI Singapore Private Limited, HNI Technologies Inc., HON INDUSTRIES (Canada) Inc., HON Internacional Servicios de Mexico S.de R.L. de C.V., HON Internacional de Mexico S.de R.L.de C.V., Hearth & Home Technologies LLC, Heat-N-Glo Fireplace Products Inc, Hickory Business Furniture, Hickory Business Furniture LLC, Lamex China Investment Ltd., Lamex Trading Co, Lamex Trading Co. Ltd., Maxon Furniture Inc., Monessen Hearth Canada Inc., Monessen Hearth Systems Company LLC, OFM, OFM LLC, Omni Workspace Co., Paoli Inc, Paoli LLC, Pearl City Insurance Company, Sagus International, The Gunlocke Company L.L.C., The HON Company LLC, and VCG.
Read More
This page (NYSE:HNI) was last updated on 4/19/2024 by MarketBeat.com Staff

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