HNI (HNI) Projected to Post Earnings on Thursday

HNI (NYSE:HNI) is projected to announce its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect HNI to post earnings of $0.86 per share and revenue of $646.49 million for the quarter.

HNI (NYSE:HNI) last announced its quarterly earnings data on Wednesday, May 7th. The business services provider reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.09. HNI had a net margin of 5.35% and a return on equity of 18.48%. The business had revenue of $599.80 million for the quarter, compared to analyst estimates of $580.47 million. During the same period in the prior year, the firm posted $0.37 EPS. The company’s revenue was up 2.0% on a year-over-year basis. On average, analysts expect HNI to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

HNI Stock Up 1.6%

Shares of NYSE HNI opened at $51.72 on Friday. The stock has a market capitalization of $2.41 billion, a PE ratio of 18.41, a P/E/G ratio of 1.21 and a beta of 0.92. The company has a quick ratio of 0.73, a current ratio of 1.19 and a debt-to-equity ratio of 0.45. The firm has a fifty day moving average of $48.47 and a 200-day moving average of $46.78. HNI has a 52-week low of $39.76 and a 52-week high of $58.42.

HNI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Friday, May 23rd were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, May 23rd. This is a positive change from HNI’s previous quarterly dividend of $0.33. This represents a $1.36 annualized dividend and a yield of 2.63%. HNI’s dividend payout ratio is currently 48.40%.

Analyst Ratings Changes

HNI has been the subject of several research reports. Longbow Research began coverage on shares of HNI in a research note on Friday, May 16th. They set a “buy” rating and a $70.00 price objective for the company. Susquehanna began coverage on shares of HNI in a research report on Friday, May 16th. They set a “neutral” rating and a $80.00 price target for the company. Finally, Wall Street Zen raised HNI from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 13th.

Insider Transactions at HNI

In other HNI news, Director Miguel M. Calado sold 2,000 shares of the firm’s stock in a transaction on Friday, June 27th. The shares were sold at an average price of $50.00, for a total transaction of $100,000.00. Following the completion of the transaction, the director directly owned 31,828 shares of the company’s stock, valued at $1,591,400. This trade represents a 5.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jason Dean Hagedorn sold 1,440 shares of the stock in a transaction on Friday, June 13th. The stock was sold at an average price of $47.07, for a total value of $67,780.80. Following the completion of the sale, the insider directly owned 36,711 shares in the company, valued at $1,727,986.77. This represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.37% of the stock is currently owned by insiders.

Institutional Investors Weigh In On HNI

Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in HNI by 20.5% during the 1st quarter. Royal Bank of Canada now owns 8,642 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 1,472 shares in the last quarter. AQR Capital Management LLC raised its position in HNI by 6.3% in the first quarter. AQR Capital Management LLC now owns 13,527 shares of the business services provider’s stock worth $600,000 after acquiring an additional 802 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in HNI by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,239 shares of the business services provider’s stock worth $1,252,000 after acquiring an additional 1,290 shares in the last quarter. Millennium Management LLC acquired a new stake in HNI in the 1st quarter valued at about $10,666,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of HNI by 7.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 142,290 shares of the business services provider’s stock valued at $6,311,000 after purchasing an additional 9,730 shares in the last quarter. 75.26% of the stock is currently owned by institutional investors.

HNI Company Profile

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.