HNI Corp. (NYSE:HNI)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $56.07 and last traded at $55.89, with a volume of 102,166 shares changing hands. The stock had previously closed at $54.90.

The stock has a market capitalization of $2.49 billion and a price-to-earnings ratio of 22.32. The company’s 50-day moving average is $52.38 and its 200 day moving average is $44.31.

HNI Corp. (NYSE:HNI) last issued its quarterly earnings data on Thursday, July 21st. The company reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.03. On average, equities research analysts forecast that HNI Corp. will post $2.87 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Friday, August 19th will be issued a dividend of $0.275 per share. The ex-dividend date is Wednesday, August 17th. This represents a $1.10 annualized dividend and a dividend yield of 1.96%.

In related news, insider Donald T. Mead sold 26,343 shares of the stock in a transaction on Friday, August 26th. The stock was sold at an average price of $54.60, for a total transaction of $1,438,327.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jerald K. Dittmer sold 1,404 shares of the stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $53.50, for a total value of $75,114.00. Following the sale, the insider now owns 22,823 shares in the company, valued at approximately $1,221,030.50. The disclosure for this sale can be found here.

HNI Corporation is a provider of office furniture and hearth products. The Company manufactures and markets gas and wood burning fireplaces. It operates through two segments: office furniture and hearth products. Its office furniture segment manufactures and markets a range of metal and wood commercial and home office furniture, which includes storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions, and panel systems and other related products.

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