hni corp. - HNI
HNI
Close Chg Chg %
55.60 0.57 1.03%
Closed Market
56.17
+0.57 (1.03%)
Volume: 391.79K
Last Updated:
Nov 22, 2024, 3:59 PM EDT
Company Overview: hni corp. - HNI
HNI Key Data
| Open $55.77 | Day Range 55.77 - 56.59 |
| 52 Week Range 38.55 - 57.56 | Market Cap $2.66B |
| Shares Outstanding 47.80M | Public Float 46.65M |
| Beta 0.84 | Rev. Per Employee N/A |
| P/E Ratio 21.65 | EPS $2.62 |
| Yield 233.98% | Dividend $0.33 |
| EX-DIVIDEND DATE Nov 18, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 350.51K |
HNI Performance
| 1 Week | 1.24% | ||
| 1 Month | 7.55% | ||
| 3 Months | 4.81% | ||
| 1 Year | 41.37% | ||
| 5 Years | 41.70% |
HNI Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
1
Full Ratings ➔
About hni corp. - HNI
HNI Corp. engages in the provision of workplace furnishings and residential building products. It operates through the Workplace Furnishing and Residential Building Products segments. The Workplace Furnishings segment manufactures and markets a broad line of commercial and home office furniture, which includes panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. The Residential Building Products segment manufactures and markets a full array of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings, and accessories. The company was founded by C. Maxwell Stanley, Clem Hanson, and H. Wood Miller in 1944 and is headquartered in Muscatine, IA.
HNI At a Glance
HNI Corp.
600 East Second Street
Muscatine, Iowa 52761
| Phone | 1-563-272-7400 | Revenue | 2.43B | |
| Industry | Office Equipment/Supplies | Net Income | 49.20M | |
| Sector | Producer Manufacturing | 2023 Sales Growth | 3.057% | |
| Fiscal Year-end | 12 / 2024 | Employees | 8,200 | |
| View SEC Filings |
HNI Valuation
| P/E Current | 21.652 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 38.599 |
| Price to Sales Ratio | 0.78 |
| Price to Book Ratio | 2.577 |
| Price to Cash Flow Ratio | 7.099 |
| Enterprise Value to EBITDA | 8.978 |
| Enterprise Value to Sales | 1.004 |
| Total Debt to Enterprise Value | 0.237 |
HNI Efficiency
| Revenue/Employee | 296,829.268 |
| Income Per Employee | 6,000.00 |
| Receivables Turnover | 9.866 |
| Total Asset Turnover | 1.456 |
HNI Liquidity
| Current Ratio | 1.156 |
| Quick Ratio | 0.732 |
| Cash Ratio | 0.074 |
HNI Profitability
| Gross Margin | 38.998 |
| Operating Margin | 7.28 |
| Pretax Margin | 2.662 |
| Net Margin | 2.021 |
| Return on Assets | 2.943 |
| Return on Equity | 7.141 |
| Return on Total Capital | 3.673 |
| Return on Invested Capital | 4.486 |
HNI Capital Structure
| Total Debt to Total Equity | 75.913 |
| Total Debt to Total Capital | 43.154 |
| Total Debt to Total Assets | 29.967 |
| Long-Term Debt to Equity | 70.948 |
| Long-Term Debt to Total Capital | 40.331 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Hni Corp. - HNI
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 1.96B | 2.18B | 2.36B | 2.43B | |
Sales Growth
| -12.98% | +11.71% | +8.12% | +3.06% | |
Cost of Goods Sold (COGS) incl D&A
| 1.26B | 1.46B | 1.55B | 1.48B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 77.68M | 83.15M | 84.20M | 94.90M | |
Depreciation
| 53.42M | 52.99M | 53.30M | 65.10M | |
Amortization of Intangibles
| 24.26M | 30.16M | 30.90M | 29.80M | |
COGS Growth
| -12.46% | +15.79% | +6.30% | -4.14% | |
Gross Income
| 696.86M | 727.20M | 812.80M | 949.20M | |
Gross Income Growth
| -13.90% | +4.35% | +11.77% | +16.78% | |
Gross Profit Margin
| +35.64% | +33.29% | +34.41% | +39.00% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 596.26M | 635.49M | 692.50M | 772.00M | |
Research & Development
| 35.32M | 39.41M | 47.80M | 47.20M | |
Other SG&A
| 560.94M | 596.07M | 644.70M | 724.80M | |
SGA Growth
| -9.06% | +6.58% | +8.97% | +11.48% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 38.82M | 6.30M | 15.50M | 86.90M | |
EBIT after Unusual Expense
| 61.78M | 85.42M | 104.80M | 90.30M | |
Non Operating Income/Expense
| - | (680.00K) | (965.00K) | 50.50M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 6.71M | 6.19M | 8.90M | 25.50M | |
Interest Expense Growth
| -33.01% | -7.81% | +43.83% | +186.52% | |
Gross Interest Expense
| 6.71M | 6.19M | 8.90M | 25.50M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 54.38M | 78.27M | 146.40M | 64.80M | |
Pretax Income Growth
| -61.89% | +43.91% | +87.05% | -55.74% | |
Pretax Margin
| +2.78% | +3.58% | +6.20% | +2.66% | |
Income Tax
| 12.47M | 18.46M | 22.50M | 15.60M | |
Income Tax - Current - Domestic
| 24.39M | 18.07M | 38.10M | 15.70M | |
Income Tax - Current - Foreign
| 146.00K | 766.00K | 300.00K | 900.00K | |
Income Tax - Deferred - Domestic
| (11.49M) | (262.00K) | (15.90M) | (900.00K) | |
Income Tax - Deferred - Foreign
| - | (580.00K) | (120.00K) | (100.00K) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 41.92M | 59.81M | 123.90M | 49.20M | |
Minority Interest Expense
| - | - | 2.00K | (3.00K) | - |
Net Income
| 41.92M | 59.81M | 123.90M | 49.20M | |
Net Income Growth
| -62.07% | +42.70% | +107.14% | -60.29% | |
Net Margin Growth
| +2.14% | +2.74% | +5.25% | +2.02% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 41.92M | 59.81M | 123.90M | 49.20M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 41.92M | 59.81M | 123.90M | 49.20M | |
EPS (Basic)
| 0.9819 | 1.377 | 2.9712 | 1.1056 | |
EPS (Basic) Growth
| -61.70% | +40.24% | +115.77% | -62.79% | |
Basic Shares Outstanding
| 42.69M | 43.44M | 41.70M | 44.50M | |
EPS (Diluted)
| 0.9758 | 1.3605 | 2.936 | 1.0837 | |
EPS (Diluted) Growth
| -61.59% | +39.42% | +115.80% | -63.09% | |
Diluted Shares Outstanding
| 42.96M | 43.96M | 42.20M | 45.40M | |
EBITDA
| 178.28M | 174.87M | 204.50M | 272.10M | |
EBITDA Growth
| -22.87% | -1.91% | +16.95% | +33.06% | |
EBITDA Margin
| +9.12% | +8.01% | +8.66% | +11.18% |
Snapshot
| Average Recommendation | BUY | Average Target Price | 62.333 | |
| Number of Ratings | 1 | Current Quarters Estimate | 0.738 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 2.928 | |
| Last Quarter’s Earnings | 1.03 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 2.65 | Next Fiscal Year Estimate | 3.478 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 4 | 4 | 4 | 4 |
| Mean Estimate | 0.74 | 0.39 | 2.93 | 3.48 |
| High Estimates | 0.78 | 0.42 | 2.97 | 3.60 |
| Low Estimate | 0.71 | 0.33 | 2.90 | 3.40 |
| Coefficient of Variance | 4.05 | 11.02 | 1.06 | 2.68 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 1 | 1 | 1 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 0 | 0 | 0 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Buy | Buy | Buy |
SEC Filings for Hni Corp. - HNI
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Hni Corp. - HNI
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Aug 23, 2024 | Mary A. Bell Director | 74,462 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $52.43 per share | 3,904,042.66 |
| Aug 23, 2024 | Mary A. Bell Director | 74,401 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $51.82 per share | 3,855,459.82 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 4,876 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 493 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 100,512 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $38.68 per share | 3,887,804.16 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 68,623 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $51.34 per share | 3,523,104.82 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 68,623 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $51.31 per share | 3,521,046.13 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 74,724 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $44.04 per share | 3,290,844.96 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 73,964 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $38.68 per share | 2,860,927.52 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 78,840 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $39.77 per share | 3,135,466.80 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 69,116 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $44.04 per share | 3,043,868.64 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 104,247 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $39.77 per share | 4,145,903.19 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 68,623 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $51.32 per share | 3,521,732.36 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | 4,848 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 22, 2024 | Vincent Paul Berger President, HHT; EVP, HNI Corp | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 16, 2024 | David Martin Roberts Director | 2,702 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 16, 2024 | David Martin Roberts Director | 414 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $50.07 per share | 20,728.98 |
| Jul 17, 2024 | Steven M. Bradford Sr. VP, Gen. Counsel & Sec. | 72,879 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $46.62 per share | 3,397,618.98 |