HNI upgraded by Sidoti & Co. with a new price target
$HNI
Office Equipment/Supplies/Services
Consumer Discretionary
Sidoti & Co. upgraded HNI from Neutral to Buy and set a new price target of $48.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/23/2023 | Buy | Sidoti | |
| 3/9/2023 | $34.00 | Neutral → Buy | Sidoti |
| 8/1/2022 | $38.00 | Buy → Neutral | Sidoti |
10-Q - HNI CORP (0000048287) (Filer)
8-K - HNI CORP (0000048287) (Filer)
144 - HNI CORP (0000048287) (Subject)
SC 13G/A - HNI CORP (0000048287) (Subject)
SC 13G/A - HNI CORP (0000048287) (Subject)
SC 13G/A - HNI CORP (0000048287) (Subject)
Sidoti resumed coverage of HNI with a rating of Buy
Sidoti upgraded HNI from Neutral to Buy and set a new price target of $34.00
Sidoti downgraded HNI from Buy to Neutral and set a new price target of $38.00
HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 33 cents per share on its common stock. The dividend will be payable on December 2, 2024, to shareholders of record at the close of business on November 18, 2024. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is
Double-digit EPS growth fueled by profit transformation and synergy acceleration Delivered strong third quarter EPS, GAAP $0.98 (+23% YoY) / non-GAAP $1.03 (+11% YoY) Workplace Furnishings segment operating margin (GAAP and non-GAAP) reached a 20-year high Residential Building Products segment profit grew in the third quarter despite cyclical revenue pressures Elevated earnings growth visibility extends through 2026 from initiatives already in progress Near-term volume pressures expected to negatively impact fourth-quarter results HNI Corporation (NYSE:HNI) today announced net sales for the third quarter ended September 28, 2024 of $672.2 million and net income of $47.5 million.
HNI Corporation (NYSE:HNI) will host its quarterly conference call for investors to discuss third quarter fiscal 2024 results on: Tuesday, October 29, 2024 11:00 a.m. Eastern 10:00 a.m. Central 9:00 a.m. Mountain 8:00 a.m. Pacific To listen to the call, please dial: 1-855-761-5600 (Toll-free) Conference ID: 7175411 Assistance is available throughout the teleconference meeting. Press *0 to request Operator Assistance. A live webcast of the call will be available on HNI Corporation's website at https://investors.hnicorp.com/events-and-presentations. A replay of the webcast and call will be made available from Tuesday, October 29, 2024, 1:00 p.m. (Central) through Tuesday, November 5, 2024
HNI Corporation (NYSE:HNI) announced today Marshall H. Bridges notified the Corporation on September 27, 2024, of his decision to retire as Senior Vice President and Chief Financial Officer (CFO), effective December 28, 2024. On October 1, 2024, the Board of Directors appointed Vincent Paul (VP) Berger II as Executive Vice President (EVP) and CFO, effective December 29, 2024. Mr. Berger, age 52, is a 27-year HNI member, serving as EVP and President of Hearth and Home Technologies since 2016. Mr. Berger is a certified public accountant and an experienced business executive with more than 30 years of experience in various finance, operational, and leadership roles. Following his retirement
HNI Corporation (NYSE:HNI) announced the election of David Roberts to the Corporation's Board of Directors. Mr. Roberts is the President and Chief Executive Officer, since 2018, of Verra Mobility Corporation (VRRM), a global leader in smart mobility technologies. He joined Verra Mobility in 2014 as its Chief Operating Officer. Mr. Roberts brings to the Board expertise in technology, innovation, finance, entrepreneurship, strategy, and general management developed over a 30-year career. He will join the Board's Public Policy and Corporate Governance Committee. "We are delighted to welcome David to our Board of Directors," said Jeff Lorenger, Chairman, President, and Chief Executive Offic
4 - HNI CORP (0000048287) (Issuer)
4 - HNI CORP (0000048287) (Issuer)
4 - HNI CORP (0000048287) (Issuer)
HNI Corporation (NYSE:HNI) announced today its Board of Directors declared a quarterly dividend of 33 cents per share on its common stock. The dividend will be payable on December 2, 2024, to shareholders of record at the close of business on November 18, 2024. About HNI Corporation HNI Corporation (NYSE:HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is
Double-digit EPS growth fueled by profit transformation and synergy acceleration Delivered strong third quarter EPS, GAAP $0.98 (+23% YoY) / non-GAAP $1.03 (+11% YoY) Workplace Furnishings segment operating margin (GAAP and non-GAAP) reached a 20-year high Residential Building Products segment profit grew in the third quarter despite cyclical revenue pressures Elevated earnings growth visibility extends through 2026 from initiatives already in progress Near-term volume pressures expected to negatively impact fourth-quarter results HNI Corporation (NYSE:HNI) today announced net sales for the third quarter ended September 28, 2024 of $672.2 million and net income of $47.5 million.
HNI Corporation (NYSE:HNI) announced today Marshall H. Bridges notified the Corporation on September 27, 2024, of his decision to retire as Senior Vice President and Chief Financial Officer (CFO), effective December 28, 2024. On October 1, 2024, the Board of Directors appointed Vincent Paul (VP) Berger II as Executive Vice President (EVP) and CFO, effective December 29, 2024. Mr. Berger, age 52, is a 27-year HNI member, serving as EVP and President of Hearth and Home Technologies since 2016. Mr. Berger is a certified public accountant and an experienced business executive with more than 30 years of experience in various finance, operational, and leadership roles. Following his retirement
HNI (NYSE:HNI) reported quarterly earnings of $0.79 per share which beat the analyst consensus estimate of $0.61 by 29.51 percent. This is a 43.64 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $623.70 million which missed the analyst consensus estimate of $637.82 million by 2.21 percent. This is a 10.68 percent increase over sales of $563.50 million the same period last year.
Benchmark analyst Reuben Garner maintains HNI (NYSE:HNI) with a Buy and raises the price target from $54 to $57.