Summary
HNI Corporation: Workplace Recovery And Steelcase Synergies Support A Buy
HNI is rated Buy, driven by cyclical Workplace recovery, Steelcase integration, and attractive valuation. Workplace order growth, backlog strength, and macro tailwinds signal accelerating revenue and multi-year earnings growth potential. Steelcase acquisition offers significant cost synergy upside, with cross-selling and margin expansion opportunities not fully reflected in forecasts.
HNI (HNI) Now Trades Above Golden Cross: Time to Buy?
From a technical perspective, HNI Corporation (HNI) is looking like an interesting pick, as it just reached a key level of support. HNI's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
HNI Q2 Earnings Call Highlights
HNI NYSE: HNI reported second-quarter fiscal 2026 non-GAAP diluted earnings per share of $1.27, up 14% from a year earlier, as profit from the Steelcase acquisition, pricing and cost benefits, network optimization savings and productivity gains helped offset softer organic volumes earlier in the year.
HNI Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 94 | $3,966.2 | $4,571.22 | $605.02 | 15.25% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 3,089 | $133,898.6 | $150,233.51 | $16,334.91 | 12.2% |
| MR Marc Ravitz Grace & White Inc /NY | 58,455 | $1.92M | $2.83M | $911,042.79 | 47.37% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 27,617 | $1.18M | $1.37M | $192,390.69 | 16.3% |
| BG Bart Gancher Intech Investment Management LLC | 17,822 | $749,236.88 | $885,218.74 | $135,981.86 | 18.15% |
HNI Corporation (HNI) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has HNI Corporation ever had a stock split?
HNI Corporation Profile
| Health Care Equipment & Supplies Industry | Healthcare Sector | Jeffrey D. Lorenger CEO | NYSE Exchange | 404251100 CUSIP |
| US Country | 18,500 Employees | 28 Aug 2026 Last Dividend | 30 Mar 1998 Last Split | 26 Mar 1990 IPO Date |
Overview
HNI Corporation, established in 1944 and based in Muscatine, Iowa, is a leading entity in the realm of workplace furnishings and residential building products in the United States and Canada. The company operates through two major segments: Workplace Furnishings and Residential Building Products. HNI Corporation prides itself on its diversified product lines, catering to both commercial sectors and individual consumers through a comprehensive sales and marketing strategy. The company's distribution channels include independent dealers, wholesalers, direct sales to end-users, and online platforms, ensuring wide accessibility and reach of its products.
Products and Services
Workplace Furnishings: This segment offers an extensive collection of office furniture solutions designed to cater to various work environments. The product lineup includes:
- Panel-based and freestanding furniture systems: Modular setups for flexible office configurations.
- Seating: Ergonomically designed chairs for office use.
- Storage: Solutions to keep workspaces organized and efficient.
- Benching: Collaborative workspaces to enhance teamwork.
- Tables: Versatile tables for meetings and individual tasks.
- Architectural products: Products designed to define and create spaces within an office environment.
- Ancillary and hospitality products: Additional accessories and furniture to compliment workspace aesthetics and functionality.
- Social collaborative items: Products designed to facilitate interaction and collaboration amongst employees.
Brands under this segment include HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style.
Residential Building Products: Focused on enhancing the comfort and ambiance of homes with a variety of heating products. This segment includes:
- Prefabricated fireplaces (gas, wood, electric, and pellet-fueled): A wide range of heating options to suit different home environments and preferences.
- Inserts, hearth stoves, facings: Additional accessories to complement and enhance the functionality of fireplaces.
- Outdoor fire pits and fire tables: Outdoor heating solutions for gardens and patios.
- Accessories: A variety of accessories designed to augment the use and aesthetics of the heating products.
Brands in this segment include Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, Stellar, SimpliFire, The Outdoor GreatRoom Company, and Forge & Flame.
