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. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has HNI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HNI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HNI's weekly volatility (6%) has been stable over the past year.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: HNI exceeded the US Commercial Services industry which returned 44.9% over the past year.
Return vs Market: HNI underperformed the US Market which returned 56.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is HNI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StHere's Why HNI (NYSE:HNI) Can Manage Its Debt Responsibly
2 weeks ago | Simply Wall StIs HNI Corporation's (NYSE:HNI) 3.2% Dividend Worth Your Time?
3 weeks ago | Simply Wall StHNI Corporation's (NYSE:HNI) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
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 ($40.26) is trading below our estimate of fair value ($49.59)
Significantly Below Fair Value: HNI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HNI is poor value based on its PE Ratio (41x) compared to the US Commercial Services industry average (35.1x).
PE vs Market: HNI is poor value based on its PE Ratio (41x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: HNI is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: HNI is overvalued based on its PB Ratio (3.1x) compared to the US Commercial Services industry average (2.6x).
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 (44.9% per year) is above the savings rate (2%).
Earnings vs Market: HNI's earnings (44.9% per year) are forecast to grow faster than the US market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HNI's revenue (5.2% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: HNI's revenue (5.2% 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 a large one-off loss of $45.6M impacting its January 2 2021 financial results.
Growing Profit Margin: HNI's current net profit margins (2.1%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: HNI's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: HNI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HNI had negative earnings growth (-61.5%) over the past year, making it difficult to compare to the Commercial Services industry average (-12.1%).
Return on Equity
High ROE: HNI's Return on Equity (7.1%) is considered low.
How is HNI's financial position?
Financial Position Analysis
Short Term Liabilities: HNI's short term assets ($495.7M) exceed its short term liabilities ($439.0M).
Long Term Liabilities: HNI's short term assets ($495.7M) exceed its long term liabilities ($388.3M).
Debt to Equity History and Analysis
Debt Level: HNI's debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: HNI's debt to equity ratio has reduced from 35.8% to 29.7% over the past 5 years.
Debt Coverage: HNI's debt is well covered by operating cash flow (122.3%).
Interest Coverage: HNI's interest payments on its debt are well covered by EBIT (15.3x coverage).
What is HNI current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HNI's dividend (3.03%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: HNI's dividend (3.03%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: HNI's dividends per share have been stable in the past 10 years.
Growing Dividend: HNI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (124.2%), HNI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Lorenger (54 yo)
Mr. Jeffrey D. Lorenger, also known as Jeff, is Chairman of the Board at HNI Corporation since February 12, 2020. Mr. Lorenger has been Director of HNI Corporation since 2018 and has been President since A...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD4.21M) is about average for companies of similar size in the US market ($USD3.67M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: HNI's management team is considered experienced (2.8 years average tenure).
Experienced Board: HNI's board of directors are considered experienced (9.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HNI Corporation's company bio, 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$1.729b
- Shares outstanding: 42.94m
- Website: https://www.hnicorp.com
Number of Employees
- HNI Corporation
- 600 East Second Street
- PO Box 1109
- United States
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,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/12 22:11|
|End of Day Share Price||2021/04/12 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.