Analysts Issue Forecasts for HNI’s Q4 Earnings (NYSE:HNI)

HNI Corporation (NYSE:HNI) – Investment analysts at Sidoti reduced their Q4 2026 earnings estimates for HNI in a note issued to investors on Friday, October 2nd. Sidoti analyst G. Burns now forecasts that the business services provider will post earnings of $1.17 per share for the quarter, down from their prior forecast of $1.22. The consensus estimate for HNI’s current full-year earnings is $4.19 per share. Sidoti also issued estimates for HNI’s Q1 2027 earnings at $0.61 EPS, Q3 2027 earnings at $1.56 EPS, Q4 2027 earnings at $1.44 EPS, FY2027 earnings at $4.74 EPS, Q1 2028 earnings at $0.84 EPS, Q2 2028 earnings at $1.35 EPS, Q3 2028 earnings at $1.79 EPS and FY2028 earnings at $5.60 EPS.

HNI (NYSE:HNI) last posted its quarterly earnings data on Thursday, July 30th. The business services provider reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.23. HNI had a net margin of 0.10% and a return on equity of 13.66%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same quarter last year, the business posted $1.11 earnings per share. The company’s revenue was up 120.7% on a year-over-year basis. HNI has set its FY 2026 guidance at 4.150-4.330 EPS and its Q3 2026 guidance at 1.160-1.190 EPS.

Other equities analysts also recently issued research reports about the company. Wall Street Zen upgraded HNI from a “hold” rating to a “buy” rating in a research report on Saturday, September 12th. Weiss Ratings upgraded HNI from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 24th. Wells Fargo & Company set a $65.00 target price on HNI in a report on Wednesday, July 15th. Finally, Benchmark restated a “buy” rating on shares of HNI in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

HNI Stock Down 0.9%

NYSE HNI opened at $46.66 on Monday. The firm has a market cap of $3.37 billion, a PE ratio of 518.48, a price-to-earnings-growth ratio of 0.75 and a beta of 0.93. HNI has a one year low of $28.93 and a one year high of $52.79. The stock’s 50 day simple moving average is $47.66 and its 200 day simple moving average is $39.79. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.36 and a quick ratio of 0.88.

Institutional Investors Weigh In On HNI

Several hedge funds and other institutional investors have recently made changes to their positions in HNI. Nykredit A S acquired a new position in shares of HNI during the second quarter valued at $36,000. Allworth Financial LP acquired a new stake in HNI in the second quarter worth about $50,000. Public Employees Retirement System of Ohio acquired a new stake in HNI in the second quarter worth about $78,000. denkapparat Operations GmbH bought a new stake in HNI during the 2nd quarter worth about $227,000. Finally, Baird Financial Group Inc. bought a new stake in HNI during the 2nd quarter worth about $245,000. 75.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other HNI news, CEO Jeffrey Lorenger sold 45,850 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $47.55, for a total transaction of $2,180,167.50. Following the transaction, the chief executive officer owned 148,490 shares of the company’s stock, valued at approximately $7,060,699.50. This represents a 23.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 95,138 shares of company stock valued at $4,648,587. Insiders own 2.15% of the company’s stock.

HNI Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 28th were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, August 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.0%. HNI’s dividend payout ratio (DPR) is currently 1,555.56%.

About HNI

HNI Corporation (NYSE:HNI) is a workplace and residential building products company headquartered in Muscatine, Iowa. Its workplace furnishings business designs and manufactures office furniture and related products, including desks, seating, tables, storage, architectural products and workplace accessories. The company serves businesses, government organizations, education institutions and other commercial customers through brands such as HON, Allsteel, Gunlocke, HBF and OFM.

HNI also operates Hearth & Home Technologies, a manufacturer of hearth products for residential and commercial applications.