HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, Taiwan, and Singapore.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$36.88|
|52 Week High||US$30.49|
|52 Week Low||US$46.93|
|1 Month Change||-1.97%|
|3 Month Change||-17.66%|
|1 Year Change||18.70%|
|3 Year Change||-16.64%|
|5 Year Change||-7.34%|
|Change since IPO||293.39%|
Recent News & Updates
|HNI||US Commercial Services||US Market|
Return vs Industry: HNI underperformed the US Commercial Services industry which returned 29.4% over the past year.
Return vs Market: HNI underperformed the US Market which returned 35.3% over the past year.
Stable Share Price: HNI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HNI's weekly volatility (4%) has been stable over the past year.
About the Company
HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, Taiwan, and Singapore. 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, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands.
HNI Fundamentals Summary
|HNI fundamental statistics|
Is HNI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HNI income statement (TTM)|
|Cost of Revenue||US$1.30b|
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
|Earnings per share (EPS)||1.95|
|Net Profit Margin||4.15%|
How did HNI perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is HNI undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HNI ($36.88) is trading below our estimate of fair value ($54.29)
Significantly Below Fair Value: HNI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HNI is good value based on its PE Ratio (18.9x) compared to the US Commercial Services industry average (33.3x).
PE vs Market: HNI is poor value based on its PE Ratio (18.9x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: HNI is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: HNI's PB Ratio (2.6x) is in line with the US Commercial Services industry average.
How is HNI forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HNI's forecast earnings growth (29% per year) is above the savings rate (2%).
Earnings vs Market: HNI's earnings (29% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HNI's revenue (10.5% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: HNI's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HNI's Return on Equity is forecast to be high in 3 years time
How has HNI performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HNI has high quality earnings.
Growing Profit Margin: HNI's current net profit margins (4.2%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: HNI's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: HNI's earnings growth over the past year (5.4%) exceeds its 5-year average (-3.9% per year).
Earnings vs Industry: HNI earnings growth over the past year (5.4%) underperformed the Commercial Services industry 30.4%.
Return on Equity
High ROE: HNI's Return on Equity (13.5%) is considered low.
How is HNI's financial position?
Financial Position Analysis
Short Term Liabilities: HNI's short term assets ($563.2M) exceed its short term liabilities ($450.9M).
Long Term Liabilities: HNI's short term assets ($563.2M) exceed its long term liabilities ($391.5M).
Debt to Equity History and Analysis
Debt Level: HNI's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: HNI's debt to equity ratio has reduced from 48.2% to 28.1% over the past 5 years.
Debt Coverage: HNI's debt is well covered by operating cash flow (125.4%).
Interest Coverage: HNI's interest payments on its debt are well covered by EBIT (18.5x coverage).
What is HNI current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HNI's dividend (3.36%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: HNI's dividend (3.36%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: HNI's dividends per share have been stable in the past 10 years.
Growing Dividend: HNI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.6%), HNI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Lorenger (55 yo)
Mr. Jeffrey D. Lorenger, also known as Jeff, is Chairman of the Board at HNI Corporation since February 12, 2020. Mr. Lorenger has been Director of HNI Corporation since 2018 and has been President since A...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD4.91M) is above average for companies of similar size in the US market ($USD3.67M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: HNI's management team is considered experienced (3.6 years average tenure).
Experienced Board: HNI's board of directors are seasoned and experienced ( 10.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
HNI Corporation's employee growth, exchange listings and data sources
- Name: HNI Corporation
- Ticker: HNI
- Exchange: NYSE
- Founded: 1944
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$1.618b
- Shares outstanding: 43.88m
- Website: https://www.hnicorp.com
Number of Employees
- HNI Corporation
- 600 East Second Street
- PO Box 1109
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 22:10|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.