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HNI NYSE:HNI Stock Report

Last Price

US$50.19

Market Cap

US$2.4b

7D

-1.6%

1Y

20.0%

Updated

30 Dec, 2024

Data

Company Financials +

HNI Corporation

NYSE:HNI Stock Report

Market Cap: US$2.4b

HNI Stock Overview

Engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. More details

HNI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 55.7% below our estimate of its fair value

Earnings are forecast to grow 19.21% per year

Earnings grew by 185.8% over the past year

Pays a reliable dividend of 2.63%

Analysts in good agreement that stock price will rise by 21.5%

Risk Analysis

Shareholders have been diluted in the past year

Large one-off items impacting financial results


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 3 Analysts

Expansion Into Mexico And Kimball Synergies Will Drive Future Success In Workplace Furnishings

Key Takeaways Expansion into Mexico and synergy initiatives from Kimball acquisition are key drivers of future earnings growth, focusing on cost efficiencies and cross-selling. Profit transformation in Workplace Furnishings segment leads to record-high margins without relying on revenue growth, indicating sustained earnings improvement.
View narrative
US$61.00
FV
17.7% undervalued intrinsic discount
2.35%
Revenue growth p.a.
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1users have followed this narrative
5 days ago author updated this narrative

HNI Corporation Competitors

Interface

NasdaqGS:TILE

US$1.5b

MillerKnoll

NasdaqGS:MLKN

US$1.6b

Steelcase

NYSE:SCS

US$1.4b

MSA Safety

NYSE:MSA

US$6.6b

Price History & Performance

Summary of share price highs, lows and changes for HNI
Historical stock prices
Current Share PriceUS$50.19
52 Week HighUS$58.42
52 Week LowUS$39.95
Beta0.87
1 Month Change-11.40%
3 Month Change-6.01%
1 Year Change19.99%
3 Year Change17.51%
5 Year Change34.85%
Change since IPO1,684.53%

Recent News & Updates

HNI's (NYSE:HNI) Solid Earnings Are Supported By Other Strong Factors

Nov 07
HNI's (NYSE:HNI) Solid Earnings Are Supported By Other Strong Factors

Analysts Have Made A Financial Statement On HNI Corporation's (NYSE:HNI) Third-Quarter Report

Nov 01
Analysts Have Made A Financial Statement On HNI Corporation's (NYSE:HNI) Third-Quarter Report

Recent updates

HNI's (NYSE:HNI) Solid Earnings Are Supported By Other Strong Factors

Nov 07
HNI's (NYSE:HNI) Solid Earnings Are Supported By Other Strong Factors

Analysts Have Made A Financial Statement On HNI Corporation's (NYSE:HNI) Third-Quarter Report

Nov 01
Analysts Have Made A Financial Statement On HNI Corporation's (NYSE:HNI) Third-Quarter Report

Does HNI (NYSE:HNI) Deserve A Spot On Your Watchlist?

Oct 16
Does HNI (NYSE:HNI) Deserve A Spot On Your Watchlist?

HNI Corporation Has Carved A Robust Path Despite Challenges

Sep 17

What Is HNI Corporation's (NYSE:HNI) Share Price Doing?

Sep 06
What Is HNI Corporation's (NYSE:HNI) Share Price Doing?

HNI (NYSE:HNI) Seems To Use Debt Quite Sensibly

May 11
HNI (NYSE:HNI) Seems To Use Debt Quite Sensibly

Is There An Opportunity With HNI Corporation's (NYSE:HNI) 46% Undervaluation?

Apr 05
Is There An Opportunity With HNI Corporation's (NYSE:HNI) 46% Undervaluation?

HNI: Insufficient Margin Of Safety Given Its Modest Growth Outlook

Feb 05

Should You Investigate HNI Corporation (NYSE:HNI) At US$42.35?

Dec 23
Should You Investigate HNI Corporation (NYSE:HNI) At US$42.35?

HNI Corporation: Good Execution And End-Markets Bottoming Should Drive Outperformance

Nov 20

Is HNI (NYSE:HNI) A Risky Investment?

Nov 09
Is HNI (NYSE:HNI) A Risky Investment?

Is There Now An Opportunity In HNI Corporation (NYSE:HNI)?

Sep 10
Is There Now An Opportunity In HNI Corporation (NYSE:HNI)?

HNI's (NYSE:HNI) Dividend Will Be $0.32

Aug 18
HNI's (NYSE:HNI) Dividend Will Be $0.32

HNI Corporation: Dividend Trends Post Q2 Earnings Beat

Aug 17

Here's Why HNI (NYSE:HNI) Can Manage Its Debt Responsibly

Aug 10
Here's Why HNI (NYSE:HNI) Can Manage Its Debt Responsibly

Upgrade: The Latest Revenue Forecasts For HNI Corporation (NYSE:HNI)

Jun 26
Upgrade: The Latest Revenue Forecasts For HNI Corporation (NYSE:HNI)

HNI (NYSE:HNI) Is Paying Out A Dividend Of $0.32

Jun 02
HNI (NYSE:HNI) Is Paying Out A Dividend Of $0.32

HNI And Kimball Tie-Up May Be MillerKnoll 2.0

May 31

HNI (NYSE:HNI) Will Pay A Dividend Of $0.32

May 19
HNI (NYSE:HNI) Will Pay A Dividend Of $0.32

Are Investors Undervaluing HNI Corporation (NYSE:HNI) By 46%?

Apr 27
Are Investors Undervaluing HNI Corporation (NYSE:HNI) By 46%?

Investors Could Be Concerned With HNI's (NYSE:HNI) Returns On Capital

Mar 28
Investors Could Be Concerned With HNI's (NYSE:HNI) Returns On Capital

HNI Non-GAAP EPS of $2.20, revenue of $568.9M

Feb 23

HNI declares $0.32 dividend

Feb 14

Is HNI (NYSE:HNI) A Risky Investment?

Feb 06
Is HNI (NYSE:HNI) A Risky Investment?

An Intrinsic Calculation For HNI Corporation (NYSE:HNI) Suggests It's 45% Undervalued

Jan 09
An Intrinsic Calculation For HNI Corporation (NYSE:HNI) Suggests It's 45% Undervalued

HNI: Moving To Neutral

Dec 19

At US$27.39, Is HNI Corporation (NYSE:HNI) Worth Looking At Closely?

Dec 11
At US$27.39, Is HNI Corporation (NYSE:HNI) Worth Looking At Closely?

Investors Could Be Concerned With HNI's (NYSE:HNI) Returns On Capital

Nov 11
Investors Could Be Concerned With HNI's (NYSE:HNI) Returns On Capital

HNI declares $0.32 dividend

Nov 09

HNI Non-GAAP EPS of $0.71 beats by $0.06, revenue of $598.8M misses by $43.49M

Oct 24

HNI Corporation: Near-Term Headwinds, But Long-Term Prospects Look Good

Aug 29

Does HNI (NYSE:HNI) Have A Healthy Balance Sheet?

Aug 28
Does HNI (NYSE:HNI) Have A Healthy Balance Sheet?

HNI declares $0.32 dividend

Aug 16

Shareholder Returns

HNIUS Commercial ServicesUS Market
7D-1.6%-0.7%0.6%
1Y20.0%18.4%23.7%

Return vs Industry: HNI exceeded the US Commercial Services industry which returned 18.4% over the past year.

Return vs Market: HNI underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is HNI's price volatile compared to industry and market?
HNI volatility
HNI Average Weekly Movement3.6%
Commercial Services Industry Average Movement8.6%
Market Average Movement6.3%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: HNI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HNI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19448,100Jeff Lorengerwww.hnicorp.com

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of 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, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D’style brands.

HNI Corporation Fundamentals Summary

How do HNI's earnings and revenue compare to its market cap?
HNI fundamental statistics
Market capUS$2.43b
Earnings (TTM)US$123.90m
Revenue (TTM)US$2.56b

19.4x

P/E Ratio

0.9x

P/S Ratio

Is HNI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HNI income statement (TTM)
RevenueUS$2.56b
Cost of RevenueUS$1.52b
Gross ProfitUS$1.05b
Other ExpensesUS$923.10m
EarningsUS$123.90m

Last Reported Earnings

Sep 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.59
Gross Margin40.84%
Net Profit Margin4.83%
Debt/Equity Ratio40.8%

How did HNI perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

49%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 23:35
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HNI Corporation is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter LisnicBaird
Reuben GarnerBenchmark Company
Leah VillalobosLongbow Research LLC