Hni Corp Stock Today

HNI Stock  USD 56.65  0.38  0.68%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 6

 
High
 
Low
Low
HNI Corp is trading at 56.65 as of the 30th of November 2024. This is a 0.68% increase since the beginning of the trading day. The stock's open price was 56.27. HNI Corp has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for HNI Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
26th of March 1990
Category
Industrials
HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products primarily in the United States. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa. Hon Industries operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. The company has 47.8 M outstanding shares of which 923.88 K shares are currently shorted by investors with about 2.82 days to cover. More on HNI Corp

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HNI Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentKurt Tjaden
Thematic Ideas
(View all Themes)
Old NameHuunghi Garment JSC
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Industrials, NYSE Composite, SP Small-Cap 600, Office Supplies, Business Supplies, Industrials, Commercial Services & Supplies, Business Equipment & Supplies, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.09520.1
Notably Down
Slightly volatile
Asset Turnover2.081.92
Significantly Up
Pretty Stable
Gross Profit Margin0.280.32
Fairly Down
Slightly volatile
Net Debt576.6 M549.1 M
Sufficiently Up
Slightly volatile
Total Current Liabilities310.5 M463.7 M
Way Down
Slightly volatile
Non Current Liabilities Total738.6 M703.4 M
Sufficiently Up
Slightly volatile
Total AssetsB1.9 B
Way Down
Slightly volatile
Total Current Assets384.8 M535.9 M
Way Down
Slightly volatile
Total Cash From Operating Activities169.3 M267.5 M
Way Down
Slightly volatile
Debt Levels
HNI Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HNI Corp's financial leverage. It provides some insight into what part of HNI Corp's total assets is financed by creditors.
Liquidity
HNI Corp has 578 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. HNI Corp has a current ratio of 1.15, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for HNI to invest in growth at high rates of return.

Stock Based Compensation

17.32 Million
HNI Corp (HNI) is traded on New York Stock Exchange in USA. It is located in 600 East Second Street, Muscatine, IA, United States, 52761-0071 and employs 8,100 people. HNI Corp is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.71 B. HNI Corp runs under Commercial Services & Supplies sector within Industrials industry. The entity has 47.8 M outstanding shares of which 923.88 K shares are currently shorted by investors with about 2.82 days to cover. HNI Corp has about 17.4 M in cash with 267.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56.
Check HNI Corp Probability Of Bankruptcy
Ownership Allocation
HNI Corp has a total of 47.8 Million outstanding shares. The majority of HNI Corp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in HNI Corp to benefit from reduced commissions. Thus, third-party entities are subject to a different set of regulations than regular investors in HNI Corp. Please pay attention to any change in the institutional holdings of HNI Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check HNI Ownership Details

HNI Stock Institutional Holders

InstituionRecorded OnShares
Ameriprise Financial Inc2024-06-30
781.8 K
Bank Of New York Mellon Corp2024-06-30
565 K
Systematic Financial Management Lp2024-09-30
465.8 K
Amvescap Plc.2024-06-30
363.2 K
Norges Bank2024-06-30
308.3 K
Clifford Capital Partners, Llc2024-09-30
297.2 K
Adage Capital Partners Gp Llc2024-06-30
287.8 K
Goldman Sachs Group Inc2024-06-30
251.2 K
Principal Financial Group Inc2024-09-30
238.5 K
Blackrock Inc2024-06-30
7.4 M
Vanguard Group Inc2024-09-30
5.7 M
View HNI Corp Diagnostics

HNI Corp Historical Income Statement

As of now, HNI Corp's Net Income is increasing as compared to previous years. The HNI Corp's current Income Tax Expense is estimated to increase to about 26.6 M, while Depreciation And Amortization is projected to decrease to under 56.3 M. View More Fundamentals

HNI Stock Against Markets

HNI Corp Corporate Directors

Ronald WatersIndependent DirectorProfile
Larry PorcellatoLead Independent DirectorProfile
Mary JonesIndependent DirectorProfile
Cheryl FrancisLead Independent DirectorProfile
When determining whether HNI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HNI Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hni Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hni Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HNI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HNI Corp. If investors know HNI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HNI Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.225
Dividend Share
1.3
Earnings Share
2.58
Revenue Per Share
54.402
Quarterly Revenue Growth
(0.06)
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.