HNI Corporation (HNI)

NYSE: HNI · IEX Real-Time Price · USD
34.63
-0.22 (-0.63%)
Sep 29, 2023, 4:00 PM EDT - Market closed
-0.63%
Market Cap 1.61B
Revenue (ttm) 2.21B
Net Income (ttm) 68.20M
Shares Out 46.55M
EPS (ttm) 1.65
PE Ratio 20.99
Forward PE 15.37
Dividend $1.28 (3.70%)
Ex-Dividend Date Aug 24, 2023
Volume 249,535
Open 34.87
Previous Close 34.85
Day's Range 34.33 - 34.90
52-Week Range 24.61 - 34.96
Beta 0.89
Analysts Strong Buy
Price Target 39.50 (+14.06%)
Earnings Date Oct 23, 2023

About HNI

HNI Corporation, together with its subsidiaries, manufactures, sells, and markets workplace furnishings and residential building products primarily in the United States and Canada. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, benching, tables, and architectural products, as well as social collaborative items under the HON, Alls... [Read more]

Sector Industrials
CEO Jeffrey D. Lorenger
Employees 7,100
Stock Exchange NYSE
Ticker Symbol HNI
Full Company Profile

Financial Performance

In 2022, HNI's revenue was $2.36 billion, an increase of 8.12% compared to the previous year's $2.18 billion. Earnings were $123.90 million, an increase of 107.19%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for HNI stock is "Strong Buy." The 12-month stock price forecast is $39.5, which is an increase of 14.06% from the latest price.

Price Target
$39.5
(14.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

HNI Corporation Announces Quarterly Dividend

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Announces Quarterly Dividend.

6 weeks ago - Business Wire

HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2023

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2023.

7 weeks ago - Business Wire

HNI Corporation Second Quarter Fiscal 2023 Results Conference Call

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Second Quarter Fiscal 2023 Results Conference Call.

2 months ago - Business Wire

HNI Corporation Releases 2022 Social Responsibility Report

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) and its family of brands are proud to release the Corporation's biennial Corporate Social Responsibility Report, which details continued c...

2 months ago - Business Wire

HNI Corporation Reports Earnings for First Quarter Fiscal Year 2023

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Reports Earnings for First Quarter Fiscal Year 2023.

5 months ago - Business Wire

KIMBALL INTERNATIONAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kimball International, Inc. - KBAL

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kimball Internat...

5 months ago - Business Wire

CBI EXPANDS WITH THE ACQUISITION OF LONG-STANDING ALLSTEEL DEALER CSI FULLMER

MUSCATINE, Iowa , May 2, 2023 /PRNewswire/ --  Allsteel Inc. , a leading manufacturer of contract furnishings, announces that Corporate Business Interiors, Inc. (CBI) , a Southern California family-ow...

5 months ago - PRNewsWire

HNI Corporation First Quarter Fiscal 2023 Results Conference Call

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2023 results on

5 months ago - Business Wire

SHAREHOLDER ALERT: Weiss Law Investigates Kimball International, Inc.

NEW YORK , March 8, 2023 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Kimball International, Inc. ("Kimball" ...

7 months ago - PRNewsWire

HNI Corporation to Acquire Kimball International

MUSCATINE, Iowa & JASPER, Ind.--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) and Kimball International, Inc. (NASDAQ: KBAL) today announced that they have entered into a definitive agreement under whi...

7 months ago - Business Wire

HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2022

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2022

7 months ago - Business Wire

HNI Corporation Fourth Quarter and Year-End Fiscal 2022 Results Conference Call

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) will host its quarterly conference call for investors to discuss fourth quarter and year-end fiscal 2022 results on: Thursday, February 23...

8 months ago - Business Wire

ALLSTEEL ANNOUNCES INVESTMENT FOCUS FOR 2023

Brand sets positioning for 2023 with Fulton Market Opening, Sustainability Commitments  and Expanded Evolving Workplace Leadership MUSCATINE, Iowa , Jan. 18, 2023 /PRNewswire/ -- Allsteel Inc., a lead...

9 months ago - PRNewsWire

6 Historically High-Yield Stocks Gurus Like

After a rough year in 2022, many investors are looking for some stability within their portfolios.

Other symbols: CTRAHBNCINTCLAZWU
9 months ago - GuruFocus

HNI Corporation Ranks Number Six in Newsweek's List of America's 500 Most Responsible Companies For 2023

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) announced today it has been recognized among the top ten of America's Most Responsible Companies, ranking No. 6 on Newsweek's 2023 list ...

10 months ago - Business Wire

HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2022

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2022

1 year ago - Business Wire

HNI Corporation Third Quarter Fiscal 2022 Results Conference Call

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2022 results on: Monday, October 24, 2022 11:00 a.m....

1 year ago - Business Wire

HNI Corporation Elects New Director

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Elects New Director

1 year ago - Business Wire

Design Public Group Announces New President for All Divisions

Bringing a new perspective and energy to the brands CULVER CITY, Calif. and MUSCATINE, Iowa , Sept.

1 year ago - PRNewsWire

HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2022

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2022

1 year ago - Business Wire

HNI Corporation Second Quarter Fiscal 2022 Results Conference Call

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) will host its quarterly conference call for investors to discuss second quarter fiscal 2022 results on: Thursday, July 28, 2022 11:00 a.m....

1 year ago - Business Wire

HNI Corporation Announces Sale of Lamex Office Furniture Business

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) today announced it has completed the sale of its China– and Hong Kong–based Lamex office furniture business. The business was acquired by ...

1 year ago - Business Wire

HNI Corporation Increases Quarterly Dividend

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock. The dividend will be payab...

1 year ago - Business Wire

HNI Corporation Reports Earnings for First Quarter Fiscal Year 2022

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation Reports Earnings for First Quarter Fiscal Year 2022

1 year ago - Business Wire

HNI Corporation First Quarter Fiscal 2022 Results Conference Call

MUSCATINE, Iowa--(BUSINESS WIRE)--HNI Corporation (NYSE: HNI) will host its quarterly conference call for investors to discuss first quarter fiscal 2022 results on: Thursday, April 28, 2022 11:00 a.m....

1 year ago - Business Wire