HNI Corporation (NYSE:HNI – Free Report) – Equities research analysts at Sidoti upped their Q3 2026 EPS estimates for shares of HNI in a research report issued on Friday, July 31st. Sidoti analyst G. Burns now anticipates that the business services provider will post earnings of $1.40 per share for the quarter, up from their prior estimate of $1.31. The consensus estimate for HNI’s current full-year earnings is $4.24 per share. Sidoti also issued estimates for HNI’s Q4 2026 earnings at $1.22 EPS, FY2026 earnings at $4.24 EPS, Q1 2027 earnings at $0.66 EPS, Q2 2027 earnings at $1.17 EPS, Q3 2027 earnings at $1.59 EPS, Q4 2027 earnings at $1.45 EPS and FY2027 earnings at $4.87 EPS.
HNI (NYSE:HNI – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.27 EPS for the quarter, beating the consensus estimate of $1.04 by $0.23. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.48 billion. HNI had a net margin of 0.10% and a return on equity of 13.66%. The business’s revenue was up 120.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.11 EPS. HNI has set its FY 2026 guidance at 4.150-4.330 EPS and its Q3 2026 guidance at 1.160-1.190 EPS.
Check Out Our Latest Report on HNI
HNI Stock Performance
NYSE HNI opened at $48.40 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.36 and a quick ratio of 0.88. HNI has a 1-year low of $28.93 and a 1-year high of $52.79. The business has a 50 day simple moving average of $37.79 and a two-hundred day simple moving average of $39.34. The stock has a market capitalization of $3.45 billion, a PE ratio of 537.84, a P/E/G ratio of 0.56 and a beta of 0.91.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in shares of HNI in the third quarter valued at $28,000. AQR Capital Management LLC raised its position in HNI by 6.3% in the 1st quarter. AQR Capital Management LLC now owns 13,527 shares of the business services provider’s stock worth $600,000 after purchasing an additional 802 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in HNI by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,239 shares of the business services provider’s stock worth $1,252,000 after purchasing an additional 1,290 shares during the last quarter. Royal Bank of Canada boosted its position in shares of HNI by 20.5% during the first quarter. Royal Bank of Canada now owns 8,642 shares of the business services provider’s stock valued at $383,000 after buying an additional 1,472 shares during the period. Finally, Entropy Technologies LP grew its stake in shares of HNI by 10.5% during the fourth quarter. Entropy Technologies LP now owns 15,935 shares of the business services provider’s stock valued at $670,000 after buying an additional 1,508 shares during the last quarter. 75.26% of the stock is owned by hedge funds and other institutional investors.
HNI Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, May 29th. This is a boost from HNI’s previous quarterly dividend of $0.34. HNI’s payout ratio is currently 1,555.56%.
About HNI
HNI Corporation, founded in 1944 as the Heating & Novelty Company and headquartered in Muscatine, Iowa, is a leading manufacturer of office furniture and hearth products. Over its history, the company has evolved from producing gas heaters into two primary business segments: Office Furniture and Hearth & Home. HNI’s Office Furniture division operates under well-known brands such as The HON Company, Allsteel, Gunlocke and Kimball, offering a comprehensive portfolio of workstations, seating, tables, storage solutions and acoustic products tailored for corporate, education, healthcare and government markets.
In its Hearth & Home segment, HNI designs, manufactures and distributes fireplaces, stoves, fireplace inserts, logs and related accessories.
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