HNI (NYSE:HNI) Issues FY 2026 Earnings Guidance

HNI (NYSE:HNI) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.150-4.330 for the period, compared to the consensus earnings per share estimate of 4.020. The company issued revenue guidance of -. HNI also updated its Q3 2026 guidance to 1.160-1.190 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Weiss Ratings upgraded shares of HNI from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 24th. Wells Fargo & Company set a $65.00 price target on HNI in a research report on Wednesday, July 15th. Finally, Benchmark reiterated a “buy” rating on shares of HNI in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

HNI Price Performance

HNI stock opened at $42.71 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.39 and a quick ratio of 0.86. HNI has a 1 year low of $28.93 and a 1 year high of $52.79. The firm has a 50-day moving average of $36.56 and a 200 day moving average of $39.30. The company has a market cap of $3.04 billion, a P/E ratio of 104.17, a PEG ratio of 0.55 and a beta of 0.90.

HNI (NYSE:HNI) last posted its earnings results on Thursday, July 30th. The business services provider reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.23. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate 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 in the prior year, the business 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. On average, sell-side analysts forecast that HNI will post 4 EPS for the current year.

HNI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 29th were given a $0.35 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.3%. This is a boost from HNI’s previous quarterly dividend of $0.34. HNI’s payout ratio is currently 341.46%.

Hedge Funds Weigh In On HNI

Institutional investors and hedge funds have recently made changes to their positions in the business. Millennium Management LLC purchased a new stake in shares of HNI in the 1st quarter worth approximately $10,666,000. Jane Street Group LLC purchased a new position in HNI in the first quarter worth about $10,301,000. Entropy Technologies LP bought a new stake in shares of HNI during the third quarter valued at approximately $676,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in HNI by 7.3% during 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 valued at $6,311,000 after purchasing an additional 9,730 shares during the last quarter. Finally, Intech Investment Management LLC increased its holdings in shares of HNI by 23.6% in the 1st quarter. Intech Investment Management LLC now owns 36,698 shares of the business services provider’s stock worth $1,628,000 after purchasing an additional 7,000 shares in the last quarter. Institutional investors own 75.26% of the company’s stock.

HNI Company Profile

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.