Sidoti Csr Has Pessimistic View of HNI FY2025 Earnings

HNI Corporation (NYSE:HNI) – Stock analysts at Sidoti Csr lowered their FY2025 earnings estimates for HNI in a research report issued on Wednesday, October 29th. Sidoti Csr analyst G. Burns now forecasts that the business services provider will post earnings of $3.53 per share for the year, down from their prior forecast of $3.54. The consensus estimate for HNI’s current full-year earnings is $3.60 per share. Sidoti Csr also issued estimates for HNI’s Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.88 EPS, Q3 2026 earnings at $1.49 EPS, Q4 2026 earnings at $1.10 EPS, FY2026 earnings at $4.04 EPS, Q1 2027 earnings at $0.75 EPS, Q2 2027 earnings at $1.08 EPS, Q3 2027 earnings at $1.72 EPS and FY2027 earnings at $4.87 EPS.

HNI (NYSE:HNI) last released its quarterly earnings data on Tuesday, October 28th. The business services provider reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.03. The firm had revenue of $683.80 million during the quarter, compared to the consensus estimate of $688.64 million. HNI had a net margin of 5.46% and a return on equity of 20.33%. The firm’s revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.03 earnings per share.

A number of other equities analysts also recently commented on the stock. Weiss Ratings raised shares of HNI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. Wall Street Zen cut HNI from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Benchmark reiterated a “buy” rating on shares of HNI in a research note on Wednesday, October 29th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.00.

HNI Stock Performance

HNI stock opened at $40.21 on Monday. The company has a market cap of $1.84 billion, a PE ratio of 13.49, a P/E/G ratio of 0.58 and a beta of 0.95. The company has a fifty day moving average price of $44.93 and a two-hundred day moving average price of $46.34. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.33 and a quick ratio of 0.93. HNI has a 12 month low of $39.66 and a 12 month high of $58.42.

Institutional Investors Weigh In On HNI

A number of hedge funds and other institutional investors have recently modified their holdings of HNI. Teacher Retirement System of Texas bought a new stake in shares of HNI during the first quarter valued at about $455,000. Principal Financial Group Inc. raised its stake in shares of HNI by 3.1% during the first quarter. Principal Financial Group Inc. now owns 258,055 shares of the business services provider’s stock valued at $11,445,000 after purchasing an additional 7,874 shares in the last quarter. Allworth Financial LP raised its stake in shares of HNI by 3,984.9% during the first quarter. Allworth Financial LP now owns 2,165 shares of the business services provider’s stock valued at $92,000 after purchasing an additional 2,112 shares in the last quarter. New York State Common Retirement Fund raised its stake in shares of HNI by 14.0% during the first quarter. New York State Common Retirement Fund now owns 16,276 shares of the business services provider’s stock valued at $722,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of HNI by 35.0% during the first quarter. Larson Financial Group LLC now owns 38,558 shares of the business services provider’s stock valued at $1,710,000 after purchasing an additional 10,000 shares in the last quarter. 75.26% of the stock is currently owned by institutional investors.

HNI Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 11th. Investors of record on Friday, August 22nd were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Friday, August 22nd. HNI’s payout ratio is currently 45.64%.

HNI Company Profile

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 through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style brands.