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Updated 1h ago
HNI logo

HNI CorporationNYSE:HNI Stock Report

Market Cap US$3.3b
Updated 1h ago
Share Price
n/a
1Y3.6%
7D-5.6%
1D1.2%
Portfolio Value
​
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HNI Corporation

NYSE:HNI Stock Report

Market Cap: US$3.3b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

HNI (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
Valuation6/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends3/6

Rewards

Trading at 90.4% below our estimate of its fair value

Earnings are forecast to grow 68.2% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 48.8%

Risk Analysis

Shareholders have been substantially diluted in the past year

Debt is not well covered by operating cash flow

Dividend of 2.99% is not well covered by earnings or free cash flows

Large one-off items impacting financial results

+ 1 more risk

HNI Community Fair Values

Create Narrative

See what 39 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
32.1% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Ergonomic Workspaces And Sustainability Will Drive Future Progress

345
0
18

Top Analyst Narratives

HNI logo
HNI
32.1% undervalued intrinsic discount

Ergonomic Workspaces And Sustainability Will Drive Future Progress

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 22 Jun
Read Narrative
View all narratives

HNI Corporation Competitors

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Market cap: US$2.0b

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Market cap: US$2.3b

MSA Safety

Symbol: NYSE:MSA
Market cap: US$7.0b

MillerKnoll

Symbol: NasdaqGS:MLKN
Market cap: US$1.4b

Price History & Performance

Summary of share price highs, lows and changes for HNI
Historical stock prices
Current Share PriceUS$46.87
52 Week HighUS$52.79
52 Week LowUS$28.93
Beta0.91
1 Month Change-4.81%
3 Month Change41.60%
1 Year Change3.60%
3 Year Change44.26%
5 Year Change25.42%
Change since IPO1,566.49%

Recent News & Updates

Recent updates

User avatar
Narrative Update • Jun 22

HNI: Dividend Support And Margin Resilience Will Drive Future Earnings Upside

Analysts have reduced their HNI price target by $10 to $69, citing updated assumptions on discount rates, revenue growth and future P/E levels that point to a slightly more conservative valuation framework. What’s in the News for HNI HNI Corporation declared a quarterly dividend of $0.35 per share on its common stock, payable on June 10, 2026, to shareholders of record as of May 29, 2026.
User avatar
Narrative Update • Jun 08

HNI: Margin Strength And Dividend Support Will Drive Future Earnings Upside

Analysts have reduced their price target on HNI by $10 to $69, citing updated assumptions related to discount rates, growth, margins, and future P/E expectations. What's in the News The Board of Directors declared a quarterly dividend of US$0.35 per share on common stock, payable June 10, 2026, to shareholders of record as of May 29, 2026.
User avatar
Narrative Update • May 24

HNI: Higher Margin Outlook Will Support Future Earnings Upside

Analysts have revised the HNI price target from $72 to $69, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions following recent research. Analyst Commentary Bullish Takeaways Bullish analysts view the new US$69 target as a reset that still leaves room for upside if HNI meets revenue and profit margin assumptions embedded in their models.
User avatar
Narrative Update • May 01

HNI: Expected Revenue Surge And Steady Margins Will Support Future Earnings Power

Analysts have kept their HNI price target steady at $72, citing updated assumptions for revenue, margins, and a lower future P/E multiple that offset one another in their valuation work. What's in the News The HON Company introduced Brim, a polyshell bucket chair designed with a wide one piece shell, contoured curves, and optional upholstery to support a range of postures in workspaces, cafés, meeting areas, and private offices (Key Developments).
User avatar
Narrative Update • Apr 12

HNI: Manufacturing Consolidation And Merger Synergies Will Support Future Earnings Power

Analysts have nudged their HNI price target slightly higher to $72.00, reflecting updated inputs for the discount rate, long term revenue growth, profit margin and future P/E. These inputs keep their fair value view essentially unchanged.
Seeking Alpha • Apr 06

HNI Corporation Q1 Preview: Steelcase Integration Needs To Show It Was Worth It

Summary HNI Corporation is rated Hold pending evidence that the Steelcase acquisition delivers promised synergies and margin expansion. Recent 38% sales growth is driven by Steelcase, but underlying organic growth remains modest at 9% year-over-year. Acquisition costs temporarily depressed margins; next quarter's results will better reflect Steelcase's full integration and operational impact. I am monitoring management's ability to achieve $120 million in synergy savings and deliver on double-digit EPS growth guidance. Read the full article on Seeking Alpha
User avatar
Narrative Update • Mar 28

HNI: Manufacturing Consolidation And Merger Synergies Will Drive Future Earnings Power

Analysts have kept their HNI price target broadly in line with prior views, with only a small adjustment that reflects updated assumptions for discount rate and future P/E, while leaving fair value at $72.00. What's in the News HNI issued consolidated revenue guidance for the first quarter of 2026, indicating that net sales are expected to be more than 130% higher year over year (Key Developments).
User avatar
Narrative Update • Mar 14

HNI: Manufacturing Consolidation And Merger Synergies Will Support Future Upside Potential

Analysts have adjusted their price expectations for HNI as they refresh assumptions on revenue growth, profit margins, and a higher future P/E multiple. This has led to a revised target in the $72 range.
User avatar
Narrative Update • Feb 28

HNI: Manufacturing Consolidation And Merger Synergies Will Support Future Upside Potential

Analysts have raised their price target on HNI from $70.75 to $72.00, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E as key drivers of the change. What's in the News HNI issued new consolidated revenue guidance for the first quarter of 2026, stating that net sales are expected to be higher by more than 130% year over year (Corporate Guidance).
User avatar
Narrative Update • Feb 14

HNI: Manufacturing Consolidation And Merger Synergies Will Drive Future Upside Potential

Analysts have raised their price target on HNI to $70.75, reflecting updated assumptions around the discount rate and future P/E multiple in their models, while keeping fair value unchanged at $70.75. What's in the News HNI plans to exit its Wayland, New York, manufacturing facility in 2027 and consolidate production into other North American plants, with all current products shifting across the existing manufacturing network and no stated changes to the product portfolio (Key Developments).
User avatar
Narrative Update • Jan 31

HNI: Manufacturing Consolidation And Merger Synergies Will Support Future Upside Potential

Analysts have maintained their HNI fair value estimate at $70.75, with only minor tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions. This indicates that their overall view on the stock's valuation is essentially unchanged.
User avatar
Narrative Update • Jan 17

HNI: Manufacturing Consolidation And Synergy Plan Will Support Future Upside Potential

Analysts have raised their price target on HNI by $4.00 to $70.75, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of this change. What's in the News HNI plans to exit its Wayland, New York, manufacturing facility in 2027 and consolidate production into other North American plants.
Analysis Article • Nov 12

We Think HNI's (NYSE:HNI) Robust Earnings Are Conservative

Even though HNI Corporation ( NYSE:HNI ) posted strong earnings, investors appeared to be underwhelmed. Our analysis...
Analysis Article • Jul 27

Earnings Beat: HNI Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

HNI Corporation ( NYSE:HNI ) defied analyst predictions to release its quarterly results, which were ahead of market...
Analysis Article • Jul 21

Market Cool On HNI Corporation's (NYSE:HNI) Earnings

There wouldn't be many who think HNI Corporation's ( NYSE:HNI ) price-to-earnings (or "P/E") ratio of 17.5x is worth a...
Analysis Article • Jun 25

HNI (NYSE:HNI) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jun 10

Is It Too Late To Consider Buying HNI Corporation (NYSE:HNI)?

HNI Corporation ( NYSE:HNI ), is not the largest company out there, but it saw a double-digit share price rise of over...
Analysis Article • May 04

Here's Why We Think HNI (NYSE:HNI) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha • Mar 31

HNI Corporation: The Move Higher Isn't Over Yet

Summary HNI Corporation has shown significant appreciation, with shares up 66.6% since March 2023, outperforming the S&P 500's 44.7% rise. The company's Workplace Furnishings segment has driven revenue growth, while the Residential Building Products segment has struggled due to high housing costs and interest rates. Despite mixed profitability metrics, HNI remains attractively priced, with management expecting revenue and earnings per share growth in 2025. I maintain a soft 'buy' rating for HNI Corporation stock, especially given its potential for future improvements and margin expansion. Read the full article on Seeking Alpha
Analysis Article • Mar 08

A Piece Of The Puzzle Missing From HNI Corporation's (NYSE:HNI) Share Price

With a price-to-earnings (or "P/E") ratio of 15.2x HNI Corporation ( NYSE:HNI ) may be sending bullish signals at the...
Analysis Article • Feb 03

Here's Why We Think HNI (NYSE:HNI) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Jan 08

These 4 Measures Indicate That HNI (NYSE:HNI) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha • Jan 06

HNI Corporation Lacks Boost But Is Nicely Balanced

Summary HNI Corporation faces near-term headwinds in Workplace Furnishings due to weaker sentiment and project delays but expects medium-to-long-term growth from interest rate reductions and Kimball synergies. HNI's liquidity remains robust, supporting ongoing share buybacks, though the stock appears slightly overvalued compared to peers, warranting a "Hold" rating. Although the company's long-term value drivers are positive, I recommend a cautious "Hold" due to current economic uncertainties. Read the full article on Seeking Alpha
Analysis Article • Nov 07

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

Even though HNI Corporation ( NYSE:HNI ) posted strong earnings, investors appeared to be underwhelmed. We did some...
Analysis Article • Nov 01

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

HNI Corporation ( NYSE:HNI ) shareholders are probably feeling a little disappointed, since its shares fell 4.6% to...
Analysis Article • Oct 16

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
User avatar
New Narrative • Sep 24

Kimball International Acquisition And Innovation Fuel Revenue And Profit Surge In Healthcare And Hospitality

Acquisition of Kimball International boosts HNI's market presence and opens growth avenues, especially in health care and hospitality sectors.
Seeking Alpha • Sep 17

HNI Corporation Has Carved A Robust Path Despite Challenges

Summary HNI Corporation is poised for margin expansion due to increased pre-order activities, long-term secular growth trends, and synergies from the Kimball International acquisition. The acquisition of Kimball International and the ramp-up of HNI’s Mexico facility are expected to significantly boost earnings and reduce costs through 2026. Despite economic uncertainties, HNI's strong cash flows, share buyback acceleration, and reasonable valuation compared to peers support a "Buy" rating with a 15% upside potential. Read the full article on Seeking Alpha
Analysis Article • Sep 06

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

While HNI Corporation ( NYSE:HNI ) might not have the largest market cap around , it received a lot of attention from a...
Analysis Article • May 11

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

HNIUS Commercial ServicesUS Market
7D-5.6%-2.8%-2.2%
1Y3.6%-9.4%13.1%

Return vs Industry: HNI exceeded the US Commercial Services industry which returned -9.4% over the past year.

Return vs Market: HNI underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is HNI's price volatile compared to industry and market?
HNI volatility
HNI Average Weekly Movement5.5%
Commercial Services Industry Average Movement6.6%
Market Average Movement6.9%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194418,500Jeff 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 in two segments, Workplace Furnishings and Residential Building Products. Its Workplace Furnishings segment offers panel panel-based and freestanding furniture systems, seating, benching, tables, architectural products, storage, ancillary products, hospitality products, and social collaborative items through a system of independent dealers, company-owned dealers, and office product distributors, as well as directly to end-user customers and governments.

HNI Corporation Fundamentals Summary

How do HNI's earnings and revenue compare to its market cap?
HNI fundamental statistics
Market capUS$3.34b
Earnings (TTM)US$4.20m
Revenue (TTM)US$4.39b
805.5x
P/E Ratio
0.8x
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$4.39b
Cost of RevenueUS$2.55b
Gross ProfitUS$1.84b
Other ExpensesUS$1.84b
EarningsUS$4.20m

Last Reported Earnings

Jul 04, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.058
Gross Margin41.88%
Net Profit Margin0.096%
Debt/Equity Ratio76.2%

How did HNI perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
1,973%
Payout Ratio

Does HNI pay a reliable dividends?

See HNI dividend history and benchmarks
When do you need to buy HNI by to receive an upcoming dividend?
HNI dividend dates
Ex Dividend DateAug 28 2026
Dividend Pay DateSep 11 2026
Days until Ex dividend15 days
Days until Dividend pay date1 day

Does HNI pay a reliable dividends?

See HNI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 21:50
End of Day Share Price 2026/09/11 00:00
Earnings2026/07/04
Annual Earnings2026/01/03

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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.

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 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 Github.

Analyst Sources

HNI Corporation is covered by 6 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
David MacGregorLongbow Research LLC
Beryl BugatchRaymond James & Associates

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