HNI Corporation (HNI) to Issue Quarterly Dividend of $0.34 on March 11th

HNI Corporation (NYSE:HNIGet Free Report) declared a quarterly dividend on Tuesday, February 17th. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.34 per share by the business services provider on Wednesday, March 11th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, March 2nd.

HNI has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 15 consecutive years. HNI has a dividend payout ratio of 33.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect HNI to earn $4.01 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 33.9%.

HNI Price Performance

HNI stock opened at $45.00 on Friday. HNI has a 1 year low of $38.03 and a 1 year high of $53.29. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.24 and a quick ratio of 0.85. The firm has a market capitalization of $2.06 billion, a PE ratio of 36.00, a price-to-earnings-growth ratio of 0.55 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:HNIGet Free Report) last released its quarterly earnings data 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 company had revenue of $888.40 million for the quarter, compared to analyst estimates of $693.78 million. During the same period last year, the firm posted $0.87 EPS. The business’s quarterly revenue was up 38.3% on a year-over-year basis. Equities research analysts anticipate that HNI will post 3.6 earnings per share for the current fiscal year.

More 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%

HNI Company Profile

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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

Dividend History for HNI (NYSE:HNI)

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