HNI Corporation, together with its subsidiaries, manufactures and sells workplace furnishings and residential building products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, Taiwan, and Singapore. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, tables, and architectural products under the HON, Allsteel, Beyond, Gunlocke, Maxon, HBF, OFM, Respawn, Lamex, and HNI India brands. This segment sells its products through independent dealers, wholesalers, office product distributors, e-Commerce retailers, and wholesalers, as well as directly to end-user customers; and federal, state, and local governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled fireplaces; inserts; stoves; facings; and accessories primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, and Stellar Hearth brand names. This segment markets its products through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.
IPO Year:
Exchange: NYSE
Website: hnicorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/16/2025 | $70.00 | Buy | Longbow |
| 6/23/2023 | Buy | Sidoti | |
| 3/9/2023 | $34.00 | Neutral → Buy | Sidoti |
| 8/1/2022 | $38.00 | Buy → Neutral | Sidoti |
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Longbow initiated coverage of HNI with a rating of Buy and set a new price target of $70.00
Sidoti resumed coverage of HNI with a rating of Buy
Sidoti upgraded HNI from Neutral to Buy and set a new price target of $34.00
Sidoti downgraded HNI from Buy to Neutral and set a new price target of $38.00
Sidoti upgraded HNI from Neutral to Buy and set a new price target of $48.00
Sidoti & Co. upgraded HNI from Neutral to Buy and set a new price target of $48.00
Sidoti upgraded HNI from Neutral to Buy
SD - HNI CORP (0000048287) (Filer)
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DEFA14A - HNI CORP (0000048287) (Filer)
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SCHEDULE 13G/A - HNI CORP (0000048287) (Subject)
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Chicago, IL., May 22, 2026 (GLOBE NEWSWIRE) -- Workplace solutions leader Allsteel has expanded its seating portfolio with the launch of Flourish, a new collaborative chair that brings a refined yet relaxed style to modern office environments. Flourish blends sculptural form with tailored comfort, reflecting the evolving culture of work where flexibility, individuality, and connection shape how spaces are experienced. Defined by its distinctive, petaled plunging back, the chair introduces a layered aesthetic paired with soft yet structured contours and a high level of craftsmanship. "Flourish reflects a shift toward more expressive, human-centered workplaces. Its refined form and tai
HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 35 cents per share on its common stock. The dividend will be payable on June 10, 2026, to shareholders of record at the close of business on May 29, 2026. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 80 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is the n
HNI Corporation (NYSE:HNI) announced today the release of its Corporate Responsibility Progress Report, detailing the company's performance against its measurable goals and ongoing efforts across its operations, products, communities, and members. These efforts continue to support product innovation, operational efficiency, risk management, and evolving customer expectations across HNI's businesses, reinforcing the company's commitment to being a great place to work and a responsible global citizen. This report reflects HNI operations for 2025 and does not include Steelcase, which will report separately for its 2025 performance. Report Highlights: HNI's long-standing values continue to
Streamlined Priorities Enhance Focus on Profit Growth Actions to combat demand pressures associated with geopolitics helped deliver solid first quarter results GAAP diluted EPS for Q1 was $(0.55). On a non-GAAP basis, diluted EPS totaled $0.34 For the full year 2026, low-single digit organic net sales growth is expected in both segments Cost management — including the termination and reprioritization of projects at Steelcase, synergy recognition, and legacy network optimization savings will offset lower volume growth expectations and continued investment The Corporation expects to deliver a fifth straight year of double-digit non-GAAP EPS growth in 2026 Expectations of sa
Boston, MA, April 23, 2026 (GLOBE NEWSWIRE) -- Workplace solutions leader Allsteel has unveiled its newly redesigned Boston showroom, a dynamic environment that redefines how people experience the modern workplace. Grounded in human-centric design, the showroom serves as a living blueprint for adaptable, dynamic, and future-ready office environments that support evolving workstyles. "The refreshed Boston showroom reflects how people work today—sometimes remotely, sometimes together, and often moving between the two," said Jason Heredia, Vice President of Marketing at Allsteel. "The space demonstrates how workplaces can adapt to real needs, moments, and ways of working throughout the
HNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss First Quarter Fiscal Year 2026 results on: Wednesday, May 6, 2026 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Wednesday May 6, 2026, 1:00 p.m. (Central) through Wednesday, May 13, 2026
Multiple years of elevated earnings growth visibility During the quarter, the Corporation completed the acquisition of Steelcase, Inc., providing a substantial profit opportunity for the combined organization, while transforming the workplace furnishings industry Including timing-related financial impacts tied to a partial-month stub period of Steelcase results and all acquisition-related expenses, fiscal 2025 GAAP diluted EPS was $1.11 2025 non-GAAP diluted EPS (excluding Steelcase) was $3.74 (+22% YoY) on net sales growth and non-GAAP margin expansion in both segments; the fourth straight year of double-digit non-GAAP EPS growth The Corporation expects Steelcase synergies of $
HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 34 cents per share on its common stock. The dividend will be payable on March 11, 2026, to shareholders of record at the close of business on March 2, 2026. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is the thought leader in commercial furnishings and the preeminent global designer, innovator, and provider of workplace solutions going to market under unique bra
HNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss fourth quarter and fiscal year end 2025 results on: Wednesday, February 25, 2026 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Wednesday, February 25, 2026, 1:00 p.m. (Central) through
HNI Corporation (NYSE:HNI) announced today it will exit its Wayland, New York, manufacturing facility in 2027. The Corporation intends to consolidate production into its other North American facilities over the coming year. HNI expects the consolidation to improve productivity and strengthen operations while meeting capacity requirements and creating enhanced experiences for its customers and trade partners. All products currently produced at the Wayland facility will shift to existing facilities across the HNI manufacturing network, with no anticipated changes in the product portfolio. The Gunlocke brand, its products, and its standards of quality, craftsmanship, and service will continue
Live Leadership Updates
HNI Corporation (NYSE:HNI) announced today Marshall H. Bridges notified the Corporation on September 27, 2024, of his decision to retire as Senior Vice President and Chief Financial Officer (CFO), effective December 28, 2024. On October 1, 2024, the Board of Directors appointed Vincent Paul (VP) Berger II as Executive Vice President (EVP) and CFO, effective December 29, 2024. Mr. Berger, age 52, is a 27-year HNI member, serving as EVP and President of Hearth and Home Technologies since 2016. Mr. Berger is a certified public accountant and an experienced business executive with more than 30 years of experience in various finance, operational, and leadership roles. Following his retirement
HNI Corporation (NYSE:HNI) announced the election of David Roberts to the Corporation's Board of Directors. Mr. Roberts is the President and Chief Executive Officer, since 2018, of Verra Mobility Corporation (VRRM), a global leader in smart mobility technologies. He joined Verra Mobility in 2014 as its Chief Operating Officer. Mr. Roberts brings to the Board expertise in technology, innovation, finance, entrepreneurship, strategy, and general management developed over a 30-year career. He will join the Board's Public Policy and Corporate Governance Committee. "We are delighted to welcome David to our Board of Directors," said Jeff Lorenger, Chairman, President, and Chief Executive Offic
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HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 35 cents per share on its common stock. The dividend will be payable on June 10, 2026, to shareholders of record at the close of business on May 29, 2026. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 80 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is the n
Streamlined Priorities Enhance Focus on Profit Growth Actions to combat demand pressures associated with geopolitics helped deliver solid first quarter results GAAP diluted EPS for Q1 was $(0.55). On a non-GAAP basis, diluted EPS totaled $0.34 For the full year 2026, low-single digit organic net sales growth is expected in both segments Cost management — including the termination and reprioritization of projects at Steelcase, synergy recognition, and legacy network optimization savings will offset lower volume growth expectations and continued investment The Corporation expects to deliver a fifth straight year of double-digit non-GAAP EPS growth in 2026 Expectations of sa
HNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss First Quarter Fiscal Year 2026 results on: Wednesday, May 6, 2026 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Wednesday May 6, 2026, 1:00 p.m. (Central) through Wednesday, May 13, 2026
Multiple years of elevated earnings growth visibility During the quarter, the Corporation completed the acquisition of Steelcase, Inc., providing a substantial profit opportunity for the combined organization, while transforming the workplace furnishings industry Including timing-related financial impacts tied to a partial-month stub period of Steelcase results and all acquisition-related expenses, fiscal 2025 GAAP diluted EPS was $1.11 2025 non-GAAP diluted EPS (excluding Steelcase) was $3.74 (+22% YoY) on net sales growth and non-GAAP margin expansion in both segments; the fourth straight year of double-digit non-GAAP EPS growth The Corporation expects Steelcase synergies of $
HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 34 cents per share on its common stock. The dividend will be payable on March 11, 2026, to shareholders of record at the close of business on March 2, 2026. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is the thought leader in commercial furnishings and the preeminent global designer, innovator, and provider of workplace solutions going to market under unique bra
HNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss fourth quarter and fiscal year end 2025 results on: Wednesday, February 25, 2026 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Wednesday, February 25, 2026, 1:00 p.m. (Central) through
HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 34 cents per share on its common stock. The dividend will be payable on December 1, 2025, to shareholders of record at the close of business on November 17, 2025. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is
Elevated earnings visibility remains through 2026 GAAP diluted EPS $0.88 (-10% YoY) / non-GAAP diluted EPS $1.10 (+7% YoY) Productivity and operating expense control drove strong year-over-year results Q3 GAAP operating margin of 9.4%; non-GAAP operating margin of 10.8% reached highest third quarter level Strategic initiatives on track, confirming elevated earnings growth visibility through 2026 Volume growth anticipated for full year 2025 Steelcase acquisition (NYSE:SCS) expected to close before the end of calendar 2025 HNI Corporation (NYSE:HNI) today announced net sales of $683.8 million and net income of $41.2 million for the third quarter ended September 27, 2025.
HNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2025 results on: Tuesday, October 28, 2025 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Tuesday, October 28, 2025, 1:00 p.m. (Central) through Tuesday, November 4,
HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 34 cents per share on its common stock. The dividend will be payable on September 11, 2025, to shareholders of record at the close of business on August 22, 2025. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment
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