HNI (NYSE:HNI) Releases Q3 2026 Earnings Guidance

HNI (NYSE:HNI) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) 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 Up 3.5%

HNI stock opened at $45.09 on Friday. The firm has a market cap of $3.21 billion, a price-to-earnings ratio of 501.02, a PEG ratio of 0.54 and a beta of 0.90. HNI has a 52-week low of $28.93 and a 52-week high of $52.79. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.86 and a current ratio of 1.36. The firm has a 50 day moving average price of $37.11 and a two-hundred day moving average price of $39.34.

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 0.10% and a return on equity of 13.66%. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the firm posted $1.11 EPS. The company’s quarterly revenue was up 120.7% on a year-over-year basis. HNI has set its FY 2026 guidance at 4.150-4.330 EPS and its Q3 2026 guidance at 1.160-1.190 EPS. Equities analysts predict that HNI will post 4 EPS for the current year.

HNI Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 29th were issued a $0.35 dividend. The ex-dividend date was Friday, May 29th. This is a positive change from HNI’s previous quarterly dividend of $0.34. This represents a $1.40 annualized dividend and a yield of 3.1%. HNI’s dividend payout ratio (DPR) is presently 341.46%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HNI. Benchmark reiterated a “buy” rating on shares of HNI in a report on Wednesday, July 15th. Weiss Ratings raised HNI from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. Finally, Wells Fargo & Company set a $65.00 target price on HNI in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

HNI News Summary

Here are the key news stories impacting HNI this week:

• Positive Sentiment: HNI reported second-quarter adjusted earnings of $1.27 per share, well above the $1.04 analyst consensus and up from $1.11 a year earlier. HNI Surpasses Q2 Earnings Estimates
• Positive Sentiment: Revenue surged 120.7% year over year to approximately $1.47 billion, reflecting the impact of HNI’s Steelcase acquisition, although sales were modestly below the $1.48 billion consensus estimate. HNI’s Revenue Surges in Second Quarter
• Positive Sentiment: Management raised its full-year 2026 adjusted EPS outlook to $4.15–$4.33, above the prior analyst consensus of $4.02, and now expects 20%–25% non-GAAP EPS growth. The company also increased its target for annual Steelcase synergies to at least $120 million. HNI Projects EPS Growth and Raises Synergy Target
• Neutral Sentiment: Third-quarter EPS guidance of $1.16–$1.19 was below the $1.31 consensus estimate, creating a near-term concern. However, the stronger full-year outlook suggests management expects improved performance later in the year. HNI Q2 Earnings Snapshot

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Triumph Capital Management bought a new position in HNI in the third quarter worth approximately $28,000. AQR Capital Management LLC increased its holdings in shares of HNI by 6.3% during the first quarter. AQR Capital Management LLC now owns 13,527 shares of the business services provider’s stock valued at $600,000 after acquiring an additional 802 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of HNI by 4.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,239 shares of the business services provider’s stock worth $1,252,000 after purchasing an additional 1,290 shares during the period. Royal Bank of Canada raised its position in shares of HNI by 20.5% during the first quarter. Royal Bank of Canada now owns 8,642 shares of the business services provider’s stock worth $383,000 after purchasing an additional 1,472 shares during the period. Finally, Entropy Technologies LP lifted its holdings in shares of HNI by 10.5% in the 4th quarter. Entropy Technologies LP now owns 15,935 shares of the business services provider’s stock worth $670,000 after purchasing an additional 1,508 shares in the last quarter. 75.26% of the stock is owned by institutional investors and hedge funds.

About HNI

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.