Sidoti Equities Analysts Cut Earnings Estimates for HNI

HNI Corporation (NYSE:HNI) – Research analysts at Sidoti decreased their Q1 2026 EPS estimates for shares of HNI in a research note issued on Thursday, February 26th. Sidoti analyst G. Burns now anticipates that the business services provider will earn $0.33 per share for the quarter, down from their previous estimate of $0.57. The consensus estimate for HNI’s current full-year earnings is $3.60 per share. Sidoti also issued estimates for HNI’s Q2 2026 earnings at $1.07 EPS.

Several other analysts have also recently issued reports on the stock. Wall Street Zen cut shares of HNI from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings upgraded shares of HNI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 3rd. Finally, Benchmark reiterated a “buy” rating on shares of HNI in a report on Friday, January 16th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $75.00.

HNI Trading Down 1.2%

HNI opened at $45.00 on Monday. HNI has a 52 week low of $38.03 and a 52 week high of $53.29. The company has a quick ratio of 0.82, a current ratio of 1.24 and a debt-to-equity ratio of 0.70. The business has a fifty day simple moving average of $46.70 and a 200-day simple moving average of $44.50. The firm has a market cap of $2.06 billion, a P/E ratio of 36.00, a P/E/G ratio of 0.54 and a beta of 0.94.

HNI (NYSE:HNI) last posted its earnings results on Wednesday, February 25th. The business services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.08). The company had revenue of $888.40 million during the quarter, compared to analyst estimates of $693.78 million. HNI had a net margin of 1.91% and a return on equity of 15.80%. The firm’s revenue for the quarter was up 38.3% on a year-over-year basis. During the same quarter last year, the business posted $0.87 EPS.

Institutional Investors Weigh In On HNI

Large investors have recently modified their holdings of the company. Cooke & Bieler LP acquired a new position in shares of HNI in the 3rd quarter valued at $28,744,000. Millennium Management LLC acquired a new position in HNI in the first quarter valued at $10,666,000. Jane Street Group LLC purchased a new stake in shares of HNI in the first quarter valued at about $10,301,000. New York State Common Retirement Fund boosted its stake in shares of HNI by 676.6% during the second quarter. New York State Common Retirement Fund now owns 126,398 shares of the business services provider’s stock worth $6,216,000 after buying an additional 110,122 shares during the period. Finally, SG Americas Securities LLC grew its holdings in shares of HNI by 167.4% during the fourth quarter. SG Americas Securities LLC now owns 42,621 shares of the business services provider’s stock worth $1,792,000 after buying an additional 26,683 shares during the last quarter. 75.26% of the stock is owned by institutional investors and hedge funds.

HNI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, March 2nd will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Monday, March 2nd. HNI’s dividend payout ratio (DPR) is currently 108.80%.

HNI News Summary

Here are the key news stories impacting HNI this week:

• Positive Sentiment: Analyst upgrade and bullish coverage — Zacks upgraded HNI to a Zacks Rank #2 (Buy), and published a separate bullish piece highlighting three growth drivers that could produce above‑average returns, which may support buying interest. All You Need to Know About HNI (HNI) Rating Upgrade to Buy
• Positive Sentiment: Longer‑term estimate revisions stack up — Sidoti raised several FY2026 and FY2027 estimates (FY2026 to ~$4.06 and FY2027 to ~$4.94 EPS) and bumped some quarterly forecasts, implying stronger mid‑cycle earnings power if guidance and synergies are realized.
• Neutral Sentiment: Mixed near‑term estimates from Sidoti — while Sidoti boosted some quarters, they also trimmed estimates for other quarters (e.g., cuts to certain Q3 estimates), producing a mixed short‑term outlook that tempers conviction on the near‑term stock move.
• Neutral Sentiment: Earnings call highlights growth and synergies — management emphasized growth and cost synergies tied to the Steelcase acquisition and a $120M synergy target that supports multi‑year EPS acceleration; investors will be watching execution. HNI Corp Earnings Call Highlights Growth And Synergies
• Negative Sentiment: EPS miss and market reaction — Q4 EPS came in at $0.83 vs. consensus $0.91 despite revenue of $888.4M (a large beat); the EPS shortfall and slim net margin drove a sharp near‑term selloff. HNI signals fifth year of double‑digit EPS growth with $120M synergy target following Steelcase acquisition
• Negative Sentiment: Headline selloff coverage — commentary highlighting the drop (~9.6% on the day of the release) has amplified downside momentum and volatility as investors digest the mixed message of revenue strength versus earnings softness. Why HNI Corporation’s (HNI) Stock Is Down 9.59%

HNI Company Profile

HNI Corporation, founded in 1944 as the Heating & Novelty Company and headquartered in Muscatine, Iowa, is a leading manufacturer of office furniture and hearth products. Over its history, the company has evolved from producing gas heaters into two primary business segments: Office Furniture and Hearth & Home. HNI’s Office Furniture division operates under well-known brands such as The HON Company, Allsteel, Gunlocke and Kimball, offering a comprehensive portfolio of workstations, seating, tables, storage solutions and acoustic products tailored for corporate, education, healthcare and government markets.

In its Hearth & Home segment, HNI designs, manufactures and distributes fireplaces, stoves, fireplace inserts, logs and related accessories.