HNI Corporation (HNI)

NYSE: HNI · IEX Real-Time Price · USD
45.13
+0.02 (0.04%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

HNI has a market cap or net worth of $2.13 billion. The enterprise value is $2.68 billion.

Market Cap 2.13B
Enterprise Value 2.68B

Important Dates

The next estimated earnings date is Monday, May 6, 2024, before market open.

Earnings Date May 6, 2024
Ex-Dividend Date Feb 23, 2024

Share Statistics

HNI has 46.89 million shares outstanding. The number of shares has increased by 7.58% in one year.

Shares Outstanding 46.89M
Shares Change (YoY) +7.58%
Shares Change (QoQ) +1.69%
Owned by Insiders (%) 1.90%
Owned by Institutions (%) 79.21%
Float 46.01M

Valuation Ratios

The trailing PE ratio is 41.40 and the forward PE ratio is 15.37. HNI's PEG ratio is 1.29.

PE Ratio 41.40
Forward PE 15.37
PS Ratio 0.88
Forward PS 0.79
PB Ratio 2.80
P/FCF Ratio 11.33
PEG Ratio 1.29
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.50, with an EV/FCF ratio of 14.25.

EV / Earnings 54.57
EV / Sales 1.10
EV / EBITDA 14.50
EV / EBIT 29.73
EV / FCF 14.25

Financial Position

The company has a current ratio of 1.16, with a Debt / Equity ratio of 0.77.

Current Ratio 1.16
Quick Ratio 0.60
Debt / Equity 0.77
Debt / EBITDA 3.16
Debt / FCF 3.11
Interest Coverage 3.54

Financial Efficiency

Return on equity (ROE) is 7.00% and return on invested capital (ROIC) is 5.09%.

Return on Equity (ROE) 7.00%
Return on Assets (ROA) 2.70%
Return on Capital (ROIC) 5.09%
Revenue Per Employee $296,829
Profits Per Employee $6,000
Employee Count 8,200
Asset Turnover 1.32
Inventory Turnover 7.89

Taxes

In the past 12 months, HNI has paid $15.60 million in taxes.

Income Tax 15.60M
Effective Tax Rate 24.07%

Stock Price Statistics

The stock price has increased by +63.63% in the last 52 weeks. The beta is 0.85, so HNI's price volatility has been lower than the market average.

Beta (1Y) 0.85
52-Week Price Change +63.63%
50-Day Moving Average 42.76
200-Day Moving Average 36.40
Relative Strength Index (RSI) 63.63
Average Volume (30 Days) 278,822

Short Selling Information

The latest short interest is 626,968, so 1.34% of the outstanding shares have been sold short.

Short Interest 626,968
Short Previous Month 503,988
Short % of Shares Out 1.34%
Short % of Float 1.36%
Short Ratio (days to cover) 1.73

Income Statement

In the last 12 months, HNI had revenue of $2.43 billion and earned $49.20 million in profits. Earnings per share was $1.09.

Revenue 2.43B
Gross Profit 948.30M
Operating Income 90.30M
Pretax Income 64.80M
Net Income 49.20M
EBITDA 185.20M
EBIT 90.30M
Earnings Per Share (EPS) $1.09
Full Income Statement

Balance Sheet

The company has $34.50 million in cash and $585.30 million in debt, giving a net cash position of -$550.80 million or -$11.75 per share.

Cash & Cash Equivalents 34.50M
Total Debt 585.30M
Net Cash -550.80M
Net Cash Per Share -$11.75
Equity / Book Value 761.40M
Book Value Per Share 16.24
Working Capital 72.20M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $267.50 million and capital expenditures -$79.10 million, giving a free cash flow of $188.40 million.

Operating Cash Flow 267.50M
Capital Expenditures -79.10M
Free Cash Flow 188.40M
FCF Per Share $4.23
Full Cash Flow Statement

Margins

Gross margin is 38.96%, with operating and profit margins of 3.71% and 2.02%.

Gross Margin 38.96%
Operating Margin 3.71%
Pretax Margin 2.66%
Profit Margin 2.02%
EBITDA Margin 7.61%
EBIT Margin 3.71%
FCF Margin 7.74%

Dividends & Yields

This stock pays an annual dividend of $1.28, which amounts to a dividend yield of 2.84%.

Dividend Per Share $1.28
Dividend Yield 2.84%
Dividend Growth (YoY) n/a
Years of Dividend Growth 13
Payout Ratio 117.43%
Buyback Yield -7.58%
Shareholder Yield -4.75%
Earnings Yield 2.31%
FCF Yield 8.83%
Dividend Details

Analyst Forecast

The average price target for HNI is $45.00, which is -0.29% lower than the current price. The consensus rating is "Strong Buy".

Price Target $45.00
Price Target Difference -0.29%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on March 30, 1998. It was a forward split with a ratio of 2:1.

Last Split Date Mar 30, 1998
Split Type Forward
Split Ratio 2:1

Scores

HNI has an Altman Z-Score of 2.94 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.94
Piotroski F-Score 5