HNI Stock Sees FY2026 Earnings Estimate Raised at Sidoti

HNI Corporation (NYSE:HNI) – Analysts at Sidoti raised their FY2026 earnings estimates for HNI in a research note issued to investors on Wednesday, November 4th. Sidoti analyst G. Burns now expects that the business services provider will earn $4.35 per share for the year, up from their prior estimate of $4.19. The consensus estimate for HNI’s current full-year earnings is $4.19 per share. Sidoti also issued estimates for HNI’s Q2 2027 earnings at $1.16 EPS.

Several other research analysts also recently weighed in on the company. Wall Street Zen upgraded HNI from a “hold” rating to a “buy” rating in a research note on Saturday, September 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of HNI in a report on Thursday, October 22nd. Benchmark restated a “buy” rating on shares of HNI in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company set a $65.00 price target on HNI in a report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $65.00.

HNI Stock Down 1.7%

HNI opened at $48.28 on Friday. The business has a 50 day moving average price of $47.32 and a two-hundred day moving average price of $42.03. The company has a quick ratio of 0.88, a current ratio of 1.33 and a debt-to-equity ratio of 0.71. The company has a market cap of $3.49 billion, a PE ratio of 12.10, a P/E/G ratio of 0.78 and a beta of 0.94. HNI has a 52 week low of $28.93 and a 52 week high of $52.79.

HNI (NYSE:HNI) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.23. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.60 billion. HNI had a net margin of 1.00% and a return on equity of 15.39%. The business’s quarterly revenue was up 132.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.88 earnings per share.

HNI Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, August 28th. HNI’s dividend payout ratio is currently 318.18%.

Insider Buying and Selling

In related news, CEO Jeffrey Lorenger sold 1,504 shares of the company’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $50.00, for a total transaction of $75,200.00. Following the transaction, the chief executive officer owned 148,490 shares of the company’s stock, valued at $7,424,500. This represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 49,288 shares of company stock valued at $2,468,419 in the last three months. 2.15% of the stock is owned by company insiders.

Institutional Investors Weigh In On HNI

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of HNI during the 2nd quarter valued at approximately $431,744,000. Bank of New York Mellon Corp purchased a new stake in shares of HNI during the 2nd quarter worth approximately $37,988,000. Front Street Capital Management Inc. purchased a new stake in shares of HNI during the 2nd quarter worth approximately $23,462,000. Pillsbury Lake Capital LLC purchased a new stake in shares of HNI during the 2nd quarter worth approximately $16,681,571. Finally, Bank of America Corp DE acquired a new stake in shares of HNI in the 2nd quarter worth approximately $15,724,000. 75.26% of the stock is currently owned by hedge funds and other institutional investors.

More HNI News

Here are the key news stories impacting HNI this week:

• Positive Sentiment: Sidoti raised its FY2026 EPS estimate to $4.35 from $4.19 and its Q2 2027 estimate to $1.16 from $1.12, signaling some confidence in near-term earnings. HNI analyst estimates
• Positive Sentiment: A recent bullish analysis points to accelerating workplace orders, resilient remodeling demand in Residential Building Products, and increased synergy targets as supports for continued growth. HNI: Strengthening Order Momentum And Upped Synergy Targets Support Bull Case
• Neutral Sentiment: HNI’s latest reported quarter showed an EPS beat ($1.62 versus $1.39 expected), but revenue was slightly below estimates. Strong year-over-year revenue growth was also influenced by the Steelcase acquisition, while margin pressure remains a consideration.
• Negative Sentiment: Despite the near-term increases, Sidoti trimmed several later-period forecasts, including FY2027 EPS to $4.71 from $4.74 and FY2028 to $5.53 from $5.60, along with some quarterly estimates. These revisions may temper optimism about the pace of earnings growth. HNI analyst estimates

HNI Company Profile

HNI Corporation (NYSE:HNI), headquartered in Muscatine, Iowa, is a workplace and residential building products company. Its businesses serve organizations, businesses, education and government customers, as well as residential consumers through office furnishings and hearth products.

HNI’s workplace furnishings portfolio includes desks, tables, seating, storage, collaborative products and related workplace solutions. Its brands include HON, Allsteel, HBF and Gunlocke, among others. The company sells products through dealers, retailers, e-commerce channels and other distribution partners, primarily serving customers in North America.

Through its hearth products business, HNI manufactures fireplaces, inserts, stoves and related products fueled by gas, wood and pellets.