Q4 Earnings Estimate for HNI Issued By Sidoti (NYSE:HNI)

HNI Corporation (NYSE:HNI) – Stock analysts at Sidoti decreased their Q4 2026 EPS estimates for HNI in a report released on Friday, October 2nd. Sidoti analyst G. Burns now expects that the business services provider will post earnings per share of $1.17 for the quarter, down from their previous forecast of $1.22. The consensus estimate for HNI’s current full-year earnings is $4.24 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 announced its quarterly earnings results on Thursday, July 30th. The business services provider reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.23. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.48 billion. HNI had a net margin of 0.10% and a return on equity of 13.66%. HNI’s revenue was up 120.7% compared to the same quarter last year. During the same period in the prior year, the company posted $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.

A number of other research firms have also commented on HNI. Benchmark reaffirmed a “buy” rating on shares of HNI in a report on Wednesday, July 15th. Wall Street Zen upgraded HNI from a “hold” rating to a “buy” rating in a research note on Saturday, September 12th. Weiss Ratings raised HNI from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 24th. Finally, Wells Fargo & Company set a $65.00 target price on HNI in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.00.

HNI Trading Up 0.9%

Shares of HNI stock opened at $47.24 on Monday. The company’s fifty day simple moving average is $47.61 and its two-hundred day simple moving average is $39.72. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.36 and a quick ratio of 0.88. HNI has a 1 year low of $28.93 and a 1 year high of $52.79. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 524.96, a PEG ratio of 0.55 and a beta of 0.93.

HNI Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders 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 annualized dividend and a dividend yield of 3.0%. HNI’s dividend payout ratio (DPR) is presently 1,555.56%.

Insider Activity

In other news, CEO Jeffrey Lorenger sold 1,504 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $50.00, for a total transaction of $75,200.00. Following the completion of the transaction, the chief executive officer owned 148,490 shares of the company’s stock, valued at approximately $7,424,500. The trade was a 1.00% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 ninety days, insiders sold 95,138 shares of company stock worth $4,648,587. Company insiders own 2.15% of the company’s stock.

Institutional Investors Weigh In On HNI

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in HNI during the second quarter valued at approximately $431,744,000. Bank of New York Mellon Corp bought a new position in shares of HNI in the 2nd quarter worth $37,988,000. Front Street Capital Management Inc. purchased a new stake in shares of HNI during the 2nd quarter valued at $23,462,000. Pillsbury Lake Capital LLC purchased a new stake in shares of HNI during the 2nd quarter valued at $16,681,571. Finally, Bank of America Corp DE bought a new stake in shares of HNI during the 2nd quarter worth $15,724,000. 75.26% of the stock is owned by hedge funds and other institutional investors.

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.