Director Miguel Calado Sells 2,500 Shares of HNI Corp (HNI)

Friday, 08 March 2024

Director Miguel Calado has executed a sale of 2,500 shares of HNI Corp (HNI) on March 7, 2024, according to a recent SEC filing. The transaction was carried out at a price of $42.99 per share, which resulted in a total value of $107,475.


HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2023

Thursday, 22 February 2024

MUSCATINE, Iowa, February 22, 2024–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced sales of $2.434 billion and net income of $49.2 million for the full year ended December 30, 2023. GAAP net income per diluted share was $1.09, compared to $2.94 in the prior year. Non-GAAP net income per diluted share was $2.65, compared to $2.20 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

HNI achieves fast ROI with inventory optimization software

Tuesday, 6 February 2024

Founded in 1947, HNI Corporation is a leading manufacturer of workplace furnishings and residential building products. Since its ]inception, HNI has prioritized and valued their members and customers time by striving to operate at maximum efficiency to achieve the best results.

Focused on providing high levels of quality and customer service, HNI over the last 75 years has grown into a global leader and premier supplier of office furniture, fireplaces, and heating stoves. With a team of expert analysts and managers, the company manages 400 suppliers and procures 400,000 different parts.

U.S. Department of Energy recognizes HNI for its climate change endeavors

Friday, 3 November 2023

MUSCATINE, Iowa — HNI Corporation has been recognized by the U.S. Department of Energy (DOE) for achieving its scope 1 and 2 emissions reduction goal as a partner in the Better Climate Challenge. HNI has reduced scope 1 and 2 emissions by 64% through the purchase of renewable electricity and energy efficiency efforts across its portfolio.

HNI Corp. Shares Climb 0.8% Past Previous 52-Week High – Market Mover

Sunday, 8 October 2023

HNI Corp. shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 28.2% year-to-date, up 33.1% over the past 12 months, and up 0.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 rose 0.5%.

Benchmark Maintains HNI (HNI) Buy Recommendation

Wednesday, 9 August 2023

Fintel reports that on August 9, 2023, Benchmark maintained coverage of HNI (NYSE:HNI) with a Buy recommendation.

Analyst Price Forecast Suggests 22.72% Upside

As of August 2, 2023, the average one-year price target for HNI is 35.70. The forecasts range from a low of 34.34 to a high of $37.80. The average price target represents an increase of 22.72% from its latest reported closing price of 29.09.

HNI Corporation Reports Earnings for Second Quarter Fiscal Year 2023

Tuesday, 8 August 2023

MUSCATINE, Iowa–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced sales for the second quarter ended July 1, 2023 of $563.5 million and a net loss of $12.8 million. GAAP earnings per diluted share declined from $0.72 in the prior year to ($0.30) in the current year primarily due to transaction expenses related to the acquisition of Kimball International. When excluding acquisition expenses and select other items, non-GAAP net income per diluted share was $0.55, compared to $0.52 in the prior year. GAAP to non-GAAP reconciliations follow the financial statements in this release.

Victory Capital Management Increases Holdings in HNI Co. by 27.7%

Tuesday, 1 August 2023

On July 31, 2023, Victory Capital Management Inc. revealed in its latest Form 13F filing with the Securities and Exchange Commission (SEC) that it had increased its holdings in HNI Co. (NYSE:HNI) by a staggering 27.7% during the first quarter. This marked a significant boost for Victory Capital as it acquired an additional 100,407 shares of the business services provider’s stock, bringing its total ownership to 463,040 shares. The value of these shares amounted to an impressive $12,891,000 according to the most recent SEC filing.

With Downgrade, HNI Corporation Faces Uncertainty in Future Market Performance

Monday, 10 July 2023

In a surprising turn of events, research analysts at have chosen to downgrade their rating on HNI Corporation (NYSE:HNI) from a “buy” to a “hold.” The news, which was issued to investors on Sunday, has left many wondering about the implications for the future of this well-known furniture manufacturer.

Nordea Investment Management AB Reduces Holdings in HNI Corporation Amid Concerns of Financial Performance

Sunday 9 July, 2023

Nordea Investment Management AB, a well-known institutional investor, has recently made a significant reduction in its holdings of HNI Co. (NYSE:HNI). According to the latest disclosure filed with the Securities & Exchange Commission, Nordea Investment Management AB now owns 24,818 shares of HNI’s stock, which is a decrease of 59.5% from the previous quarter. This represents an approximate value of $686,000.