Equities Analysts Offer Predictions for HNI FY2026 Earnings

HNI Corporation (NYSE:HNI) – Investment analysts at Sidoti raised their FY2026 earnings per share estimates for shares of HNI in a research note issued to investors on Wednesday, November 4th. Sidoti analyst G. Burns now forecasts that the business services provider will post earnings of $4.35 per share for the year, up from their previous forecast of $4.19. The consensus estimate for HNI’s current full-year earnings is $4.19 per share. Sidoti also issued estimates for HNI’s Q2 2027 earnings at $1.16 EPS.

HNI (NYSE:HNI) last released its quarterly earnings data on Tuesday, November 3rd. The business services provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.39 by $0.23. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.60 billion. HNI had a net margin of 1.00% and a return on equity of 15.39%. The business’s revenue for the quarter was up 132.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.88 EPS.

A number of other equities analysts have also recently issued reports on HNI. Wall Street Zen upgraded shares of HNI from a “hold” rating to a “buy” rating in a research report on Saturday, September 12th. Wells Fargo & Company set a $65.00 price objective on shares of HNI in a research note on Wednesday, July 15th. Weiss Ratings reissued a “hold (c-)” rating on shares of HNI in a research note on Thursday, October 22nd. Finally, Benchmark restated a “buy” rating on shares of HNI in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $65.00.

HNI Stock Performance

NYSE:HNI opened at $48.28 on Friday. The company has a current ratio of 1.33, a quick ratio of 0.88 and a debt-to-equity ratio of 0.71. The firm has a 50-day moving average price of $47.32 and a two-hundred day moving average price of $42.03. HNI has a twelve month low of $28.93 and a twelve month high of $52.79. The company has a market capitalization of $3.49 billion, a P/E ratio of 12.10, a price-to-earnings-growth ratio of 0.78 and a beta of 0.94.

Institutional Trading of HNI

A number of hedge funds have recently bought and sold shares of HNI. BlackRock Inc. purchased a new stake in HNI in the 2nd quarter worth approximately $431,744,000. Bank of New York Mellon Corp purchased a new position in shares of HNI during the 2nd quarter worth $37,988,000. Front Street Capital Management Inc. purchased a new position in shares of HNI during the 2nd quarter worth $23,462,000. Pillsbury Lake Capital LLC purchased a new position in shares of HNI during the 2nd quarter worth $16,681,571. Finally, Bank of America Corp DE acquired a new stake in shares of HNI during the second quarter worth $15,724,000. Institutional investors and hedge funds own 75.26% of the company’s stock.

Insider Activity at HNI

In other news, CEO Jeffrey Lorenger sold 1,504 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $50.00, for a total value of $75,200.00. Following the completion of the transaction, the chief executive officer owned 148,490 shares of the company’s stock, valued at $7,424,500. The trade was a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 49,288 shares of company stock worth $2,468,419 in the last ninety days. Insiders own 2.15% of the company’s stock.

HNI Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 28th were issued a dividend of $0.35 per share. The ex-dividend date was Friday, August 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.9%. HNI’s payout ratio is 318.18%.

HNI News Roundup

Here are the key news stories impacting HNI this week:

• Positive Sentiment: Sidoti raised its FY2026 EPS estimate to $4.35 from $4.19 and its Q2 2027 estimate to $1.16 from $1.12, signaling some confidence in near-term earnings. HNI analyst estimates
• Positive Sentiment: A recent bullish analysis points to accelerating workplace orders, resilient remodeling demand in Residential Building Products, and increased synergy targets as supports for continued growth. HNI: Strengthening Order Momentum And Upped Synergy Targets Support Bull Case
• Neutral Sentiment: HNI’s latest reported quarter showed an EPS beat ($1.62 versus $1.39 expected), but revenue was slightly below estimates. Strong year-over-year revenue growth was also influenced by the Steelcase acquisition, while margin pressure remains a consideration.
• Negative Sentiment: Despite the near-term increases, Sidoti trimmed several later-period forecasts, including FY2027 EPS to $4.71 from $4.74 and FY2028 to $5.53 from $5.60, along with some quarterly estimates. These revisions may temper optimism about the pace of earnings growth. HNI analyst estimates

HNI Company Profile

HNI Corporation (NYSE:HNI), headquartered in Muscatine, Iowa, is a workplace and residential building products company. Its businesses serve organizations, businesses, education and government customers, as well as residential consumers through office furnishings and hearth products.

HNI’s workplace furnishings portfolio includes desks, tables, seating, storage, collaborative products and related workplace solutions. Its brands include HON, Allsteel, HBF and Gunlocke, among others. The company sells products through dealers, retailers, e-commerce channels and other distribution partners, primarily serving customers in North America.

Through its hearth products business, HNI manufactures fireplaces, inserts, stoves and related products fueled by gas, wood and pellets.