During the last session, HNI Corp (NYSE:HNI)’s traded shares were 0.85 million, with the beta value of the company hitting 0.90. At the end of the trading day, the stock’s price was $46.40, reflecting an intraday loss of -1.02% or -$0.48. The 52-week high for the HNI share is $58.42, that puts it down -25.91 from that peak though still a striking 14.31% gain since the share price plummeted to a 52-week low of $39.76. The company’s market capitalization is $2.16B, and the average trade volume was 330.39K shares over the past three months.
HNI Corp (HNI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. HNI has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
HNI Corp (NYSE:HNI) trade information
HNI Corp (HNI) registered a -1.02% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.02% in intraday trading to $46.40, hitting a weekly high. The stock’s 5-day price performance is -3.01%, and it has moved by -1.86% in 30 days. Based on these gigs, the overall price performance for the year is 6.20%.
The consensus price target of analysts on Wall Street is $80, which implies an increase of 42.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $80 and $80 respectively. As a result, HNI is trading at a discount of -72.41% off the target high and -72.41% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 2.51%. While earnings are projected to return 14.31% in 2025, the next five years will return 15.38% per annum.
HNI Dividends
HNI Corp is due to release its next quarterly earnings on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for HNI Corp is 1.33, with the dividend yield indicating at 2.87 percent, continuing the trend of increasing dividends in recent years.
HNI Corp (NYSE:HNI)’s Major holders
HNI Corp insiders own 2.19% of total outstanding shares while institutional holders control 80.63%, with the float percentage being 82.43%. BLACKROCK INC. is the largest shareholder of the company, while 346.0 institutions own stock in it. As of 2024-06-30, the company held over 7.44 million shares (or 15.7541% of all shares), a total value of $334.77 million in shares.
The next largest institutional holding, with 5.65 million shares, is of VANGUARD GROUP INC’s that is approximately 11.9651% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $254.25 million.
