HNI (NYSE:HNI) Updates FY 2026 Earnings Guidance

HNI (NYSE:HNI) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.150-4.330 for the period, compared to the consensus EPS estimate of 4.020. The company issued revenue guidance of -. HNI also updated its Q3 2026 guidance to 1.160-1.190 EPS.

HNI Stock Performance

Shares of HNI stock traded up $1.11 during trading hours on Thursday, reaching $43.90. The company had a trading volume of 982,914 shares, compared to its average volume of 520,468. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.86 and a current ratio of 1.39. The business has a fifty day moving average price of $36.82 and a 200-day moving average price of $39.30. HNI has a one year low of $28.93 and a one year high of $52.79. The firm has a market cap of $3.13 billion, a PE ratio of 107.06, a price-to-earnings-growth ratio of 0.53 and a beta of 0.90.

HNI (NYSE:HNI) last issued its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.23. HNI had a net margin of 0.04% and a return on equity of 13.17%. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the firm earned $1.11 earnings per share. The firm’s revenue for the quarter was up 120.7% compared to the same quarter last year. HNI has set its FY 2026 guidance at 4.150-4.330 EPS and its Q3 2026 guidance at 1.160-1.190 EPS. Sell-side analysts predict that HNI will post 4 earnings per share for the current fiscal year.

HNI Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were paid a $0.35 dividend. This is an increase from HNI’s previous quarterly dividend of $0.34. The ex-dividend date was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.2%. HNI’s dividend payout ratio (DPR) is 341.46%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on HNI shares. Wells Fargo & Company set a $65.00 target price on HNI in a report on Wednesday, July 15th. Weiss Ratings upgraded HNI from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. Finally, Benchmark reiterated a “buy” rating on shares of HNI in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, HNI currently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

Trending Headlines about HNI

Here are the key news stories impacting HNI this week:

• Positive Sentiment: HNI reported second-quarter adjusted earnings of $1.27 per share, exceeding the $1.04 analyst consensus and rising from $1.11 in the year-ago quarter. The earnings beat was the primary positive catalyst. HNI Surpasses Q2 Earnings Estimates
• Positive Sentiment: Management set fiscal 2026 EPS guidance at $4.15 to $4.33, above the $4.02 consensus estimate. The outlook suggests earnings momentum may remain stronger than analysts had expected. HNI Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Quarterly revenue rose 120.7% year over year to $1.47 billion, reflecting substantial growth despite narrowly missing estimates.
• Neutral Sentiment: Second-quarter revenue was slightly below the $1.48 billion consensus forecast, limiting the strength of the overall report.
• Negative Sentiment: Third-quarter EPS guidance of $1.16 to $1.19 fell below the $1.31 analyst consensus. This indicates near-term earnings may be weaker than expected and could temper further gains.

Institutional Trading of HNI

Hedge funds have recently bought and sold shares of the stock. Entropy Technologies LP raised its stake in shares of HNI by 10.5% in the fourth quarter. Entropy Technologies LP now owns 15,935 shares of the business services provider’s stock worth $670,000 after buying an additional 1,508 shares during the period. New York State Common Retirement Fund increased its holdings in HNI by 31.7% in the 4th quarter. New York State Common Retirement Fund now owns 21,301 shares of the business services provider’s stock worth $895,000 after acquiring an additional 5,125 shares in the last quarter. Triumph Capital Management bought a new stake in HNI during the 3rd quarter worth approximately $28,000. State of Tennessee Department of Treasury raised its stake in HNI by 14.2% during the 2nd quarter. State of Tennessee Department of Treasury now owns 31,132 shares of the business services provider’s stock worth $1,531,000 after acquiring an additional 3,866 shares during the period. Finally, Intech Investment Management LLC lifted its holdings in HNI by 23.6% during the first quarter. Intech Investment Management LLC now owns 36,698 shares of the business services provider’s stock valued at $1,628,000 after purchasing an additional 7,000 shares in the last quarter. Institutional investors own 75.26% of the company’s stock.

HNI Company Profile

HNI Corporation, founded in 1944 as the Heating & Novelty Company and headquartered in Muscatine, Iowa, is a leading manufacturer of office furniture and hearth products. Over its history, the company has evolved from producing gas heaters into two primary business segments: Office Furniture and Hearth & Home. HNI’s Office Furniture division operates under well-known brands such as The HON Company, Allsteel, Gunlocke and Kimball, offering a comprehensive portfolio of workstations, seating, tables, storage solutions and acoustic products tailored for corporate, education, healthcare and government markets.

In its Hearth & Home segment, HNI designs, manufactures and distributes fireplaces, stoves, fireplace inserts, logs and related accessories.