HNI (NYSE:HNI) Releases Q3 2026 Earnings Guidance

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

HNI Stock Down 3.2%

HNI 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. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 104.17, a price-to-earnings-growth ratio of 0.55 and a beta of 0.90. The business has a 50-day moving average of $36.56 and a two-hundred day moving average of $39.30. HNI has a 12 month low of $28.93 and a 12 month high of $52.79.

HNI (NYSE:HNI) last posted its quarterly earnings data 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. HNI had a net margin of 0.04% and a return on equity of 13.17%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the company posted $1.11 EPS. The company’s quarterly revenue was up 120.7% compared to the same quarter last year. 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, research analysts expect that HNI will post 4 earnings per share for the current year.

HNI Increases Dividend

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

Analyst Upgrades and Downgrades

HNI has been the topic of a number of research analyst reports. Benchmark reiterated a “buy” rating on shares of HNI in a report on Wednesday, July 15th. Wells Fargo & Company set a $65.00 price objective on HNI in a report on Wednesday, July 15th. Finally, Weiss Ratings raised HNI from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HNI. Triumph Capital Management purchased a new stake in HNI during the third quarter worth approximately $28,000. Royal Bank of Canada lifted its holdings in shares of 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 acquiring an additional 1,472 shares in the last quarter. AQR Capital Management LLC boosted its position in HNI by 6.3% during the 1st 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. Entropy Technologies LP acquired a new stake in HNI in the 3rd quarter valued at $676,000. Finally, New York State Common Retirement Fund raised its position in HNI by 31.7% in the fourth quarter. New York State Common Retirement Fund now owns 21,301 shares of the business services provider’s stock valued at $895,000 after purchasing an additional 5,125 shares during the period. 75.26% of the stock is owned by institutional investors and hedge funds.

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.