Wall Street Sees a 78% Upside to HNI Corporation (HNI)

Group 1 - HNI Corporation is considered one of the best dividend stocks to buy, with an average price target suggesting a 65% upside and a Street high indicating a 78% upside [1][3] - On December 5, HNI and Steelcase Inc. announced that shareholders of HNI agreed to vote for the issuance of HNI common shares to Steelcase common stockholders under the Merger Agreement, with Steelcase shareholders also voting in favor [2][3] - The merger between HNI and Steelcase is set to conclude on December 10, 2025, following a strong majority backing from shareholders of both companies [3] Group 2 - HNI Corporation declared a quarterly dividend of $0.34 per share on November 5, which was distributed on December 1 to shareholders listed as of November 17 [4] - HNI designs, manufactures, and sells office furniture and residential building products primarily in the United States and Canada [4]