HNI Corporation (HNI) Stock Price & Analysis

HNI Corporation (HNI) closed at USD 48.21 on Thursday, October 22, 2026, up 6.99% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 45.06; the Oct 22, 2026 session ranged USD 44.91–48.33 on volume of 546,268 shares. Market capitalization is $3.48B, with a 52-week range of USD 28.93–52.79 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:22 UTC.

Also available as compact Markdown for AI agents: nexqual.com/HNI.md

Key facts (HNI)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HNI)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$2.18B$2.36B$2.43B$2.53B$2.84B$4.39B
Gross profit$757M$835M$948M$1.03B$1.18B—
Operating income$85.4M$155M$90.3M$207M$126M$89.1M
Net income$59.8M$124M$49.2M$140M$54.2M$4.3M
EPS (diluted)$1.36$2.94$1.09$2.88$1.11—
Free cash flow$65.1M$12.8M$188M$174M$209M—
Gross margin34.7%35.4%39.0%40.9%41.4%—
Operating margin3.9%6.6%3.7%8.2%4.4%2.0%
Net margin2.7%5.2%2.0%5.5%1.9%0.1%
Revenue growth+11.7%+8.1%+3.1%+3.8%+12.4%—
Cash + short-term investments$53.7M$19.4M$34.5M$26.6M$216M—
Total debt$178M$190M$436M$345M$1.29B—

Fiscal years end Jan. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jul 4, 2026) (HNI)

P/E 809.3x · P/S 0.8x · EV/EBITDA 16.5x · EV/Sales 1.1x · P/B 1.9x · Earnings yield 0.12% · Dividend yield (paid, TTM) 2.39% · Buyback yield (TTM) 0.11% · Net debt $1.27B · EV $4.75B

P/E at fiscal year-ends: Jan 2026 43.1x, Dec 2024 17.5x, Dec 2023 38.6x.

Insider sales (SEC Form 4, open-market, last ~7 months) (HNI)

4 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-08-28Lorenger Jeffrey DPresident & CEO1,504$75K0.3%Yes (adopted February 27, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-08-26…2026-08-27Lorenger Jeffrey DPresident & CEO47,084$2.4M9.1%Yes (adopted February 27, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-08-24Lorenger Jeffrey DPresident & CEO700$35K0.1%Yes (adopted February 27, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-08-03Lorenger Jeffrey DPresident & CEO45,850$2.2M8.9%Yes (adopted February 27, 2026)Opportunistic (traded every year 2023–2025, no repeating month)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (HNI)

Consensus Buy (mean 2.00 on a 1–5 scale), 2 analysts; mean target USD 71 (low 65, high 78).

Total return (dividends reinvested) (HNI)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+11.4%+42.8%
S&P 500 (SPY)+14.9%+80.3%
Per year+11.4%+7.4%
Volatility (annualized)36.7%33.2%
Max drawdown-43.9% (Feb 2026→May 2026)-45.1% (Nov 2024→May 2026)

HNI revenue by business segment (quarter ended Jul 4, 2026)

LineRevenueShare of totalYoY
Workplace furnishings$1.32B89.9%+156.5%
Residential building products$148.7M10.1%-1.6%
Total revenue$1.47B100%—

HNI revenue by product line (quarter ended Jul 4, 2026)

LineRevenueShare of totalYoY
Systems, storage, and tables$594.9M40.4%+84.8%
Seating$343.7M23.3%+129.6%
Other$214.5M14.6%+816.7%
Education$170.6M11.6%+720.2%
Total revenue$1.47B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

HNI suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerMicrosoft (MSFT)“The Corporation maintains marketing partnerships with a number of companies, including Arper, Audo North America, Carl Hansen & Son, Corral, EMU, Extremis, FLOS, the Frank Lloyd Wright Foundation, Grado, Kartell, Kwickscreen, Logitech, m.a.d., Mattiazzi, Microsoft, Moduform Inc, Moooi, Moooi Carpets, Normann Copenhagen, Segis, SnowSound, Spaceti, Tom Dixon, Unika Vaev, Vanerum, VergeSense, Wendelbo, West Elm, Zile…”

Quoted from the company's 10-K filed Mar 3, 2026.

HNI company outlook (results filed Jul 30, 2026)

Quoted word-for-word from the SEC 8-K results press release.

HNI analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$1.40$1.31+6.2%$1.60B4
Next quarter (ends Dec 2026)$1.22$1.36-9.9%$1.56B4
Current fiscal year (ends Dec 2026)$4.24$4.04+4.9%$5.98B4
Next fiscal year (ends Dec 2027)$4.78$4.83-1.2%$6.20B4

HNI options: expected move

Options price a move of about ±10.4% (±$5.03) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±4.9% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262842.1%±10.4%
Jan 15, 20278438.6%±15.5%
Apr 16, 202717537.0%±20.7%

30-day implied volatility 42.4% vs 30.1% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 11:22 UTC)

PriceUSD 48.21
Change▲ 6.99% (up)
Previous CloseUSD 45.06
OpenUSD 44.92
Day RangeUSD 44.91 – 48.33
52-Week RangeUSD 28.93 – 52.79
Volume546,268 shares
Market Cap$3.48B
ExchangeNYQ

Technical Analysis (HNI)

Nexqual's technical model rates HNI "NEUTRAL" based on 4 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 11:22 UTC.

Overall SignalNEUTRAL
RSI (14)54.33 (neutral)
vs SMA50Above (USD 47.43)
MACD-0.09 (negative)

Analyst Ratings (HNI)

Wall Street analysts rate HNI "Buy" based on 2 analysts, with a mean price target of USD 71 (range USD 65–78), per Nexqual as of October 23, 2026 at 11:22 UTC.

Consensus RatingBuy
Analyst Count2
Mean TargetUSD 71
High TargetUSD 78
Low TargetUSD 65
Buy / Hold / Sell2 / 0 / 0

Earnings (HNI)

Next Earnings Date2026-11-03
EPS EstimateUSD 1.4
Revenue Estimate$1.60B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 1.27 vs est 1.04 ▲ beat
2026-03-31USD 0.34 vs est 0.29 ▲ beat
2025-12-31USD 0.83 vs est 0.91 ▼ miss
2025-09-30USD 1.1 vs est 1.07 ▲ beat

Source: Nexqual, October 23, 2026 at 11:22 UTC.

Financials & Fundamentals (HNI)

Total Revenue$4.39B
Revenue Growth (latest quarter, YoY)+120.70%
Gross Margin+41.88%
Operating Margin+8.16%
Profit Margin+0.10%
ROE+0.33%
Debt / Equity0.91
Current Ratio1.36
Total Cash$108.20M
Total Debt$1.64B
Free Cash Flow (fiscal year ended Jan 2026, SEC 10-K)$208.50M (7.3% of revenue)

Source: Nexqual, October 23, 2026 at 11:22 UTC.

Financial Health Score (HNI)

Nexqual rates HNI Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 11:22 UTC.

GrowthSolid — Revenue +12% YoY (annual)
ProfitabilityStrong — Gross margin 42%, operating 8% (last 12 months)
Balance SheetMixed — $108M cash and investments vs $1.38B debt (Jul 2026, SEC)
Cash FlowSolid — FCF $209M (FY ended Jan 2026, 10-K), 7% margin
EfficiencyWeak — ROE 0%, ROA 5.2%

Ownership (HNI)

Insider Ownership+2.10%
Institutional Ownership+89.63%
Shares Outstanding72.18M
Float70.99M
Short % of Float+5.98%

Source: Nexqual, October 23, 2026 at 11:22 UTC.

Leadership (HNI)

HNI Corporation is led by Jeffrey D. Lorenger, Chairman of the Board, President & CEO, per Nexqual as of October 23, 2026 at 11:22 UTC.

Chairman of the Board, President & CEOJeffrey D. Lorenger
Chief Operating OfficerBrandon Bishop Bullock
President of Workplace FurnishingsJason Dean Hagedorn
Vice President of Investor Relations & Corporate DevelopmentMatthew S. McCall C.F.A.
President of Hearth & Home TechnologiesBrian Smith Scott

Major Backers & Investors (HNI)

Notable institutional backers of HNI Corporation include FMR, LLC, Fidelity, State Farm Mutual Automobile Insurance Co, according to Nexqual as of October 23, 2026 at 11:22 UTC.

Active Investors

InvestorStake
FMR, LLC14.73%
Fidelity7.4%
State Farm Mutual Automobile Insurance Co4.05%
Fifth Third Bancorp2.08%

Index Funds (Passive)

FundStake
BlackRock14.8%
Vanguard Group11.08%
State Street3.87%
Dimensional Fund Advisors3.53%
Northern Trust3.25%
Geode Capital2.6%

Source: Nexqual, October 23, 2026 at 11:22 UTC.

From HNI Corporation's Latest SEC 10-K Filing (filed 2026-03-03)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
ALHAlliance Laundry Holdings Inc.USD 21.44▲ 0.52%
TILEInterface, Inc.USD 36.51▲ 4.11%
WHRWhirlpool CorporationUSD 28.8▲ 8.56%
MBCMasterBrand, Inc.USD 7.35▲ 8.73%
MLKNMillerKnoll, Inc.USD 21.68▲ 7.22%
MHKMohawk Industries, Inc.USD 128.7▲ 9.03%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:22 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt