Sidoti Equities Analysts Cut Earnings Estimates for HNI

HNI Corporation (NYSE:HNI) – Stock analysts at Sidoti reduced their Q1 2026 earnings estimates for HNI in a research report issued on Thursday, February 26th. Sidoti analyst G. Burns now forecasts that the business services provider will post earnings of $0.33 per share for the quarter, down from their prior forecast of $0.57. The consensus estimate for HNI’s current full-year earnings is $3.60 per share. Sidoti also issued estimates for HNI’s Q2 2026 earnings at $1.07 EPS.

HNI has been the subject of a number of other reports. Weiss Ratings raised HNI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 3rd. Wall Street Zen lowered shares of HNI from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Benchmark reissued a “buy” rating on shares of HNI in a report on Friday, January 16th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $75.00.

HNI Stock Performance

Shares of HNI stock opened at $45.00 on Monday. HNI has a 52-week low of $38.03 and a 52-week high of $53.29. The company has a quick ratio of 0.82, a current ratio of 1.24 and a debt-to-equity ratio of 0.70. The stock has a market cap of $2.06 billion, a PE ratio of 36.00, a price-to-earnings-growth ratio of 0.54 and a beta of 0.94. The business has a 50-day simple moving average of $46.70 and a 200-day simple moving average of $44.50.

HNI (NYSE:HNI) last announced its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.08). The company had revenue of $888.40 million for the quarter, compared to analyst estimates of $693.78 million. HNI had a return on equity of 15.80% and a net margin of 1.91%.HNI’s revenue for the quarter was up 38.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.87 earnings per share.

Institutional Investors Weigh In On HNI

A number of hedge funds have recently modified their holdings of the business. Entropy Technologies LP raised its holdings in shares of HNI by 10.5% during the 4th quarter. Entropy Technologies LP now owns 15,935 shares of the business services provider’s stock worth $670,000 after acquiring an additional 1,508 shares during the period. New York State Common Retirement Fund increased its position in HNI by 31.7% during the fourth quarter. New York State Common Retirement Fund now owns 21,301 shares of the business services provider’s stock worth $895,000 after purchasing an additional 5,125 shares during the last quarter. Cooke & Bieler LP raised its stake in HNI by 23.0% during the fourth quarter. Cooke & Bieler LP now owns 754,493 shares of the business services provider’s stock worth $31,719,000 after purchasing an additional 140,971 shares during the period. Handelsbanken Fonder AB boosted its holdings in HNI by 53.0% in the 4th quarter. Handelsbanken Fonder AB now owns 16,716 shares of the business services provider’s stock valued at $703,000 after purchasing an additional 5,790 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of HNI by 167.4% in the 4th quarter. SG Americas Securities LLC now owns 42,621 shares of the business services provider’s stock valued at $1,792,000 after buying an additional 26,683 shares during the period. 75.26% of the stock is currently owned by institutional investors and hedge funds.

HNI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.0%. HNI’s dividend payout ratio is presently 108.80%.

Key HNI News

Here are the key news stories impacting HNI this week:

• Positive Sentiment: Analyst upgrade and bullish coverage — Zacks upgraded HNI to a Zacks Rank #2 (Buy), and published a separate bullish piece highlighting three growth drivers that could produce above‑average returns, which may support buying interest. All You Need to Know About HNI (HNI) Rating Upgrade to Buy
• Positive Sentiment: Longer‑term estimate revisions stack up — Sidoti raised several FY2026 and FY2027 estimates (FY2026 to ~$4.06 and FY2027 to ~$4.94 EPS) and bumped some quarterly forecasts, implying stronger mid‑cycle earnings power if guidance and synergies are realized.
• Neutral Sentiment: Mixed near‑term estimates from Sidoti — while Sidoti boosted some quarters, they also trimmed estimates for other quarters (e.g., cuts to certain Q3 estimates), producing a mixed short‑term outlook that tempers conviction on the near‑term stock move.
• Neutral Sentiment: Earnings call highlights growth and synergies — management emphasized growth and cost synergies tied to the Steelcase acquisition and a $120M synergy target that supports multi‑year EPS acceleration; investors will be watching execution. HNI Corp Earnings Call Highlights Growth And Synergies
• Negative Sentiment: EPS miss and market reaction — Q4 EPS came in at $0.83 vs. consensus $0.91 despite revenue of $888.4M (a large beat); the EPS shortfall and slim net margin drove a sharp near‑term selloff. HNI signals fifth year of double‑digit EPS growth with $120M synergy target following Steelcase acquisition
• Negative Sentiment: Headline selloff coverage — commentary highlighting the drop (~9.6% on the day of the release) has amplified downside momentum and volatility as investors digest the mixed message of revenue strength versus earnings softness. Why HNI Corporation’s (HNI) Stock Is Down 9.59%

About HNI

HNI Corporation, founded in 1944 as the Heating & Novelty Company and headquartered in Muscatine, Iowa, is a leading manufacturer of office furniture and hearth products. Over its history, the company has evolved from producing gas heaters into two primary business segments: Office Furniture and Hearth & Home. HNI’s Office Furniture division operates under well-known brands such as The HON Company, Allsteel, Gunlocke and Kimball, offering a comprehensive portfolio of workstations, seating, tables, storage solutions and acoustic products tailored for corporate, education, healthcare and government markets.

In its Hearth & Home segment, HNI designs, manufactures and distributes fireplaces, stoves, fireplace inserts, logs and related accessories.