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HNI is a business equipment & supplies business based in the US. HNI stocks (HNI.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $41.23 – an increase of 0.28% over the previous week. HNI employs 7,900 staff and has a trailing 12-month revenue of around $2.4 billion.
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| Latest market close | $31.94 |
|---|---|
| 52-week range | $26.22 - $42.91 |
| 50-day moving average | $29.02 |
| 200-day moving average | $32.26 |
| Wall St. target price | $35.33 |
| PE ratio | 11.6374 |
| Dividend yield | $1.26 (4.19%) |
| Earnings per share (TTM) | $2.73 |
Note: The dollar amounts in the table below are in Canadian dollars.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of $31.94 from 2023-02-07
| 1 week (2023-01-31) | 0.54% |
|---|---|
| 1 month (2023-01-09) | 7.47% |
| 3 months (2022-11-09) | 14.48% |
| 6 months (2022-08-08) | -7.21% |
| 1 year (2022-02-09) | -23.41% |
|---|---|
| 2 years (2021-02-09) | -7.12% |
| 3 years (2020-02-07) | 37.55 |
| 5 years (2018-02-09) | 37.65 |
Valuing HNI stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of HNI's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
HNI's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, HNI shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
HNI's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.94. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into HNI's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
HNI's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $163 million.
The EBITDA is a measure of a HNI's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $2.4 billion |
|---|---|
| Operating margin TTM | 4.27% |
| Gross profit TTM | $757.4 million |
| Return on assets TTM | 4.21% |
| Return on equity TTM | 18.74% |
| Profit margin | 4.83% |
| Book value | $14.65 |
| Market capitalisation | $1.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 81.41% of net profits
Recently HNI has paid out, on average, around 81.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.19% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), HNI shareholders could enjoy a 4.19% return on their shares, in the form of dividend payments. In HNI's case, that would currently equate to about $1.26 per share.
HNI's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
HNI's most recent dividend payout was on 1 December 2022. The latest dividend was paid out to all shareholders who bought their shares by 18 November 2022 (the "ex-dividend date").
HNI's shares were split on a 2:1 basis on 30 March 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your HNI shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for HNI shares which in turn could have impacted HNI's share price.
Over the last 12 months, HNI's shares have ranged in value from as little as $26.221 up to $42.9136. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while HNI's is 0.9275. This would suggest that HNI's shares are less volatile than average (for this exchange).
HNI Corporation, together with its subsidiaries, manufactures and sells 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, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, and HNI India brands. This segment sells its products through independent office products dealers, wholesalers, office product distributors, e-commerce focused resellers, and wholesalers, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories. This segment sells its products primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, SimpliFire, The Outdoor GreatRoom Company, and Stellar brand names through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
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