HNI (NYSE:HNI) Issues FY 2026 Earnings Guidance

HNI (NYSE:HNI) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.150-4.330 for the period, compared to the consensus EPS estimate of 4.020. The company issued revenue guidance of -. HNI also updated its Q3 2026 guidance to 1.160-1.190 EPS.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company set a $65.00 price target on shares of HNI in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of HNI from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. Finally, Benchmark reiterated a “buy” rating on shares of HNI in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, HNI has an average rating of “Moderate Buy” and an average price target of $65.00.

HNI Stock Performance

Shares of HNI stock traded up $0.41 during trading hours on Friday, reaching $43.99. 382,602 shares of the stock traded hands, compared to its average volume of 707,869. HNI has a one year low of $28.93 and a one year high of $52.79. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 107.49, a P/E/G ratio of 0.53 and a beta of 0.90. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.81. The company has a 50 day moving average price of $36.82 and a 200 day moving average price of $39.30.

HNI (NYSE:HNI) last released its quarterly earnings results on Thursday, July 30th. The business services provider reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.23. HNI had a net margin of 0.04% and a return on equity of 13.17%. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the firm earned $1.11 earnings per share. The company’s quarterly revenue was up 120.7% on a year-over-year basis. HNI has set its FY 2026 guidance at 4.150-4.330 EPS and its Q3 2026 guidance at 1.160-1.190 EPS. On average, equities research analysts expect that HNI will post 4 earnings per share for the current fiscal year.

HNI Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 29th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, May 29th. This is a positive change from HNI’s previous quarterly dividend of $0.34. HNI’s dividend payout ratio (DPR) is 341.46%.

Trending Headlines about HNI

Here are the key news stories impacting HNI this week:

• Positive Sentiment: HNI reported second-quarter adjusted earnings of $1.27 per share, exceeding the $1.04 analyst consensus and improving from $1.11 in the prior-year quarter. HNI Surpasses Q2 Earnings Estimates
• Positive Sentiment: Revenue surged 120.7% year over year to approximately $1.47 billion, broadly close to the $1.48 billion consensus estimate. The sharp increase reflects the impact of the Steelcase acquisition and expands HNI’s scale. HNI Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Management projected 20%–25% non-GAAP EPS growth in 2026 and raised its Steelcase-related synergy target to at least $120 million. Full-year 2026 EPS guidance of $4.15–$4.33 also exceeds the $4.02 consensus estimate, supporting the bullish reaction. HNI Projects EPS Growth and Higher Synergy Target
• Negative Sentiment: Third-quarter EPS guidance of $1.16–$1.19 came in below the $1.31 analyst estimate, creating a near-term headwind. Revenue also fell slightly short of consensus, while HNI’s reported net margin remained very thin at 0.04%. HNI Q2 Earnings Report

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Triumph Capital Management acquired a new position in HNI during the third quarter worth $28,000. AQR Capital Management LLC lifted its stake in HNI by 6.3% during the 1st 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. boosted its holdings in HNI by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,239 shares of the business services provider’s stock valued at $1,252,000 after acquiring an additional 1,290 shares during the period. Royal Bank of Canada boosted its holdings 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 acquiring an additional 1,472 shares during the period. Finally, Entropy Technologies LP grew its position in HNI by 10.5% in the 4th quarter. Entropy Technologies LP now owns 15,935 shares of the business services provider’s stock valued at $670,000 after acquiring an additional 1,508 shares in the last quarter. Hedge funds and other institutional investors 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.