Company Overview - HNI is headquartered in Muscatine and operates in the Business Services sector, specifically within the Business - Office Products industry [1] - The company has experienced a price change of 5.67% year-to-date and currently pays a dividend of $0.33 per share, resulting in a dividend yield of 2.99% [1] Dividend Analysis - HNI's current annualized dividend of $1.32 represents a 3.1% increase from the previous year [3] - Over the past five years, HNI has increased its dividend three times, averaging an annual increase of 1.40% [3] - The company's payout ratio stands at 45%, indicating that it distributes 45% of its trailing 12-month earnings per share as dividends [3] Investment Potential - HNI is recognized as an attractive dividend option and is rated with a Zacks Rank of 1 (Strong Buy), suggesting it is a compelling investment opportunity [4] - The Zacks Consensus Estimate for HNI's earnings in 2024 is projected at $3.10 per share, reflecting an expected earnings growth of 16.98% compared to the previous year [7]

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 ...

Have you been paying attention to shares of HNI (HNI) ? Shares have been on the move with the stock up 8.8% over the past month. The stock hit a new 52-week high of $46.02 in the previous session. HNI has gained 9.8% since the start of the year compared to the 6.1% move for the Zacks Business Services sector and the 4.9% return for the Zacks Business - Office Products industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings cons ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. HNI (HNI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.HNI is one of 315 individual stocks in the Business Services sector. Collectively, thes ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

HNI (HNI) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 105.56%. A quarter ago, it was expected that this maker of office furniture and fireplaces would post earnings of $0.80 per share when it actually produced earnings of $0.98, delivering a surprise of 22.50%.Over the last four q ...

HNI Corporation 600 East Second Street, Muscatine, Iowa 52761, Tel 563 272 7400, Fax 563 272 7347, www.hnicorp.com News Release • Excellent earnings growth. First quarter earnings per share of $0.37 was up considerably on both a GAAP and non-GAAP basis versus the prior year despite an 8.1 percent year-over-year organic revenue decline, which was primarily driven by continued housing market softness. GAAP to non-GAAP reconciliations follow the financial statements in this release. • Profit transformation act ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.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 stock alive.Our " ...