HNI Corporation (NYSE:HNI – Free Report) – Research analysts at Sidoti lowered their Q2 2026 EPS estimates for shares of HNI in a report released on Thursday, April 2nd. Sidoti analyst G. Burns now forecasts that the business services provider will post earnings per share of $1.02 for the quarter, down from their previous estimate of $1.07. The consensus estimate for HNI’s current full-year earnings is $3.60 per share. Sidoti also issued estimates for HNI’s FY2026 earnings at $3.96 EPS.
Other research analysts also recently issued research reports about the company. Wall Street Zen downgraded HNI from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings cut HNI from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, March 5th. Finally, Benchmark reiterated a “buy” rating on shares of HNI in a report on Friday, January 16th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.00.
HNI Trading Up 0.5%
HNI stock traded up $0.17 during midday trading on Tuesday, reaching $32.28. The company’s stock had a trading volume of 233,859 shares, compared to its average volume of 711,396. The business’s 50-day simple moving average is $43.16 and its 200-day simple moving average is $43.13. The company has a quick ratio of 0.82, a current ratio of 1.24 and a debt-to-equity ratio of 0.70. HNI has a 52 week low of $31.41 and a 52 week high of $53.29. The stock has a market cap of $2.30 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 0.39 and a beta of 1.02.
HNI (NYSE:HNI – Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The business services provider reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.08). HNI had a return on equity of 15.80% and a net margin of 1.91%.The business had revenue of $888.40 million for the quarter, compared to the consensus estimate of $693.78 million. During the same period last year, the firm earned $0.87 earnings per share. The company’s quarterly revenue was up 38.3% on a year-over-year basis.
HNI Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Monday, March 2nd were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd. HNI’s dividend payout ratio (DPR) is currently 108.80%.
Hedge Funds Weigh In On HNI
Institutional investors and hedge funds have recently made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of HNI in the 3rd quarter valued at $28,000. Versant Capital Management Inc increased its holdings in shares of HNI by 433.7% in the third quarter. Versant Capital Management Inc now owns 1,110 shares of the business services provider’s stock worth $52,000 after acquiring an additional 902 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of HNI by 59.9% in the fourth quarter. GAMMA Investing LLC now owns 1,223 shares of the business services provider’s stock worth $51,000 after acquiring an additional 458 shares in the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in shares of HNI during the third quarter worth about $203,000. Finally, Equitable Trust Co. lifted its holdings in shares of HNI by 22.5% during the 3rd quarter. Equitable Trust Co. now owns 7,520 shares of the business services provider’s stock valued at $352,000 after purchasing an additional 1,380 shares in the last quarter. Institutional investors and hedge funds own 75.26% of the company’s stock.
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.
Further Reading
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