HNI (NYSE:HNI) Issues Q3 2026 Earnings Guidance

HNI (NYSE:HNI) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.160-1.190 for the period, compared to the consensus EPS estimate of 1.310. The company issued revenue guidance of -. HNI also updated its FY 2026 guidance to 4.150-4.330 EPS.

Analyst Upgrades and Downgrades

HNI has been the topic of a number of research reports. Benchmark reaffirmed a “buy” rating on shares of HNI in a research report on Wednesday, July 15th. Wells Fargo & Company set a $65.00 price objective on HNI in a research note on Wednesday, July 15th. Finally, Weiss Ratings upgraded HNI from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. One 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

HNI Stock Up 2.6%

NYSE:HNI traded up $1.11 during trading hours on Thursday, reaching $43.90. The company’s stock had a trading volume of 982,914 shares, compared to its average volume of 520,468. The stock has a 50 day moving average price of $36.82 and a two-hundred day moving average price of $39.30. 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 company has a market capitalization of $3.13 billion, a P/E ratio of 107.06, a price-to-earnings-growth ratio of 0.53 and a beta of 0.90. HNI has a 12 month low of $28.93 and a 12 month high of $52.79.

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

HNI Increases Dividend

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

More HNI News

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 Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its stake in HNI by 20.5% during the 1st quarter. Royal Bank of Canada now owns 8,642 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 1,472 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of HNI by 6.3% during the first quarter. AQR Capital Management LLC now owns 13,527 shares of the business services provider’s stock worth $600,000 after purchasing an additional 802 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in HNI by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,239 shares of the business services provider’s stock valued at $1,252,000 after buying an additional 1,290 shares during the last quarter. Millennium Management LLC acquired a new position in HNI in the 1st quarter worth approximately $10,666,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in HNI by 7.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 142,290 shares of the business services provider’s stock worth $6,311,000 after buying an additional 9,730 shares during the period. 75.26% of the stock is currently owned by hedge funds and other institutional investors.

About HNI

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.