HNI (HNI) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings ...

HNI Corporation 600 East Second Street, Muscatine, Iowa 52761, Tel 563 272 7400, Fax 563 272 7347, www.hnicorp.com News Release HNI CORPORATION REPORTS SECOND QUARTER 2024 RESULTS Strong second quarter EPS fueled by Workplace Furnishings profit transformation, Kimball International accretion, and Residential Building Products actions MUSCATINE, Iowa (July 25, 2024) – HNI Corporation (NYSE: HNI) today announced net sales for the second quarter ended June 29, 2024 of $623.7 million and net income of $36.0 mil ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. HNI is quite a good fit in this regard, gaining 13.8% over this period. The Zacks Rank stock-rating system, which uses four fa ...

HNI (HNI) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. As such, the ...

What's Driving the Outperformance? For the current fiscal year, HNI is expected to post earnings of $3.10 per share on $2.65 billion in revenues. This represents a 16.98% change in EPS on an 8.92% change in revenues. For the next fiscal year, the company is expected to earn $3.62 per share on $2.75 billion in revenues. This represents a year-over-year change of 16.77% and 3.87%, respectively. HNI may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question ...

Based in Muscatine, HNI (HNI) is in the Business Services sector, and so far this year, shares have seen a price change of 12.65%. The maker of office furniture and fireplaces is currently shelling out a dividend of $0.33 per share, with a dividend yield of 2.8%. This compares to the Business - Office Products industry's yield of 3.05% and the S&P 500's yield of 1.57%. Looking at dividend growth, the company's current annualized dividend of $1.32 is up 3.1% from last year. Over the last 5 years, HNI has inc ...

Headquartered in Muscatine, HNI (HNI) is a Business Services stock that has seen a price change of 5.67% so far this year. Currently paying a dividend of $0.33 per share, the company has a dividend yield of 2.99%. In comparison, the Business - Office Products industry's yield is 2.87%, while the S&P 500's yield is 1.58%. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnin ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed b ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at HNI (HNI) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings ...