HNI (HNI) Scheduled to Post Earnings on Tuesday

HNI (NYSE:HNI) is scheduled to release its earnings data after the market closes on Tuesday, February 6th. Analysts expect HNI to post earnings of $0.96 per share for the quarter.

Shares of HNI (NYSE HNI) opened at $37.68 on Friday. HNI has a 12-month low of $31.16 and a 12-month high of $50.77. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.74 and a current ratio of 1.08. The company has a market capitalization of $1,640.00, a PE ratio of 25.29 and a beta of 1.44.

In related news, CEO Stanley A. Askren sold 3,032 shares of HNI stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $34.62, for a total value of $104,967.84. Following the sale, the chief executive officer now directly owns 213,020 shares in the company, valued at approximately $7,374,752.40. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Stanley A. Askren sold 6,112 shares of HNI stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $33.44, for a total value of $204,385.28. Following the completion of the sale, the chairman now owns 218,163 shares in the company, valued at $7,295,370.72. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,375 shares of company stock worth $1,027,081. 5.16% of the stock is currently owned by insiders.

A number of research firms have recently commented on HNI. Rowe cut HNI from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 24th. Raymond James Financial restated a “market perform” rating on shares of HNI in a research report on Tuesday, October 24th. Finally, Zacks Investment Research cut HNI from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. HNI has a consensus rating of “Hold” and an average price target of $39.67.

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HNI Company Profile

HNI Corporation is a provider of office furniture and hearth products. The Company’s office furniture products include panel-based and freestanding furniture systems, seating, storage and tables. The Company’s segments include office furniture and hearth products. The office furniture segment manufactures and markets a line of metal and wood commercial and home office furniture, which includes storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions, and panel systems and other related products.

Earnings History for HNI (NYSE:HNI)

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