← Back

HNI Corp

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. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories through a national of independent dealers and distributors, as well as corporation-owned installing distribution and retail outlets. It sells its products under the Allsteel, AMQ, Beyond, Coalesse, D'style, David Edward, Designtex, Gunlocke, HALCON, HBF, HBF Textiles, HON, Interwoven, Kimball, Kimball Hospitality, National, Orangebox, Smith System, Steelcase, Viccarbe brand names. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

Price · split & dividend adjusted
News & notes moving HNI
HNI

HNI Corporation declares $0.35 quarterly dividend

HNI Corporation declared a quarterly dividend of $0.35 per share, in line with the previous payout. The dividend is payable on September 11 to shareholders of record on August 28, with the ex-dividend date also on August 28. Based on the current share price, the forward yield is 2.9%.
Seeking Alpha·9dRead more ▾
HNI

HNI Completes Buyback as Workplace Narrative Points to Higher Fair Value

HNI has completed its long-running share repurchase program, according to an August 4 update, while a recent golden cross pattern has formed in the stock's trading averages. The stock has gained 20.79% over the past month and 63.41% over the past 90 days, closing at $48.86 per share. A widely followed narrative values HNI at $69 per share, implying the stock is 29.2% undervalued, driven by investments in ergonomic and flexible workspace products that could support premium pricing and margin expansion. Risks include potential weakness in office furniture demand from hybrid work and tariff-related supply chain disruptions.
Simply Wall St·11dRead more ▾
HNI

HNI projects 20%-25% non-GAAP EPS growth in 2026 as Steelcase synergies target rises to at least $120M

HNI Corporation raised its full-year 2026 non-GAAP EPS growth outlook to 20% to 25% and increased its Steelcase synergy target to at least $120 million. Second-quarter non-GAAP EPS was $1.27, up 14% year-over-year, while total net sales increased 121% overall, driven by the Steelcase acquisition. In the Residential Building Products segment, revenue decreased 1.6% versus the prior year period, though segment operating margin expanded 470 basis points to 20.4%. The company expects third-quarter non-GAAP EPS to increase in the mid- to high-20% range and projects double-digit EPS growth again next year, driven primarily by synergies and network optimization rather than volume recovery.
Seeking Alpha·27dRead more ▾
HNI

StockStory highlights Meta and Lam Research as growth picks, flags HNI for headwinds

StockStory identifies Meta Platforms and Lam Research as growth stocks with all-star potential, while pointing to HNI as facing headwinds. Meta, with one-year revenue growth of 26.2%, benefits from a 27.1% annual increase in average revenue per user and a healthy 61.8% EBITDA margin, driving 56% annual earnings per share growth. Lam Research, posting 26.5% revenue growth, demonstrates a 32.8% operating margin and a 64.2% return on capital. In contrast, HNI's 9.3% annual earnings per share growth lagged its 41.3% revenue growth, and its weak 3.6% free cash flow margin and high net-debt-to-EBITDA ratio of 6 times raise concerns.
StockStory·43dRead more ▾
HNI

3 Profitable Stocks That Fall Short

StockStory highlights three profitable companies that may not be strong investments. Rush Street Interactive, with a trailing 12-month GAAP operating margin of 9.3%, saw its 28.5% annual sales growth lag the consumer discretionary sector, and its operating margin of 6.9% falls short of the industry average. United Parcel Service, at an 8.5% margin, faced flat sales and a 6.1 percentage point drop in free cash flow margin over five years. HNI, with a 6.4% margin, posted weak earnings growth, a 3.6% free cash flow margin, and a 6× net-debt-to-EBITDA ratio.
StockStory·50dRead more ▾