Last $35.77 USD
Change Today -0.20 / -0.56%
Volume 197.3K
HNI On Other Exchanges
Symbol
Exchange
New York
As of 4:15 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

hni corp (HNI) Snapshot

Open
$36.33
Previous Close
$35.97
Day High
$36.33
Day Low
$35.37
52 Week High
07/11/13 - $40.73
52 Week Low
02/4/14 - $31.00
Market Cap
1.6B
Average Volume 10 Days
276.0K
EPS TTM
$1.51
Shares Outstanding
45.1M
EX-Date
02/20/14
P/E TM
23.6x
Dividend
$0.96
Dividend Yield
2.68%
Current Stock Chart for HNI CORP (HNI)

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hni corp (HNI) Details

HNI Corporation, together with its subsidiaries, is engaged in designing, manufacturing, and marketing office furniture and hearth products primarily in the United States, Canada, China, Hong Kong, India, and Taiwan. The company’s Office Furniture segment offers a range 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 under the HON, Allsteel, Maxon, Gunlocke, Paoli, HBF, Artco Bell, Midwest Folding Products, American Desk, basyx, Lamex, and ERGO brands, as well as under private labels. This segment sells its products through independent, local office furniture, and office products dealers; national office product distributors; selling relationships with the end-users; wholesalers; and direct sales to federal, state, and local government offices. The Hearth Products segment provides various gas, electric, and wood burning fireplaces; inserts; stoves; facings; and accessories for the home under the Heatilator, Heat & Glo, Quadra-Fire, Harman Stove, and PelPro brands. This segment markets its products through dealers and distributors, as well as through company-owned distribution and retail outlets. HNI Corporation was founded in 1944 and is headquartered in Muscatine, Iowa.

9,900 Employees
Last Reported Date: 02/21/14
Founded in 1944

hni corp (HNI) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: $883.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $390.6K
Executive Vice President and President of HON...
Total Annual Compensation: $447.5K
Executive Vice President and President of Hea...
Total Annual Compensation: $402.8K
Executive Vice President, President of Allste...
Total Annual Compensation: $372.8K
Compensation as of Fiscal Year 2013.

hni corp (HNI) Key Developments

Hni Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2014; Provides Earnings Guidance for the Second Quarter of 2014; Increases Earnings Guidance for the Full Year of 2014

HNI Corporation announced unaudited consolidated earnings results for the first quarter ended March 29, 2014. For the quarter, the company reported net sales of $452,201,000 against $442,297,000 a year ago. Operating income was $18,390,000 against $3,070,000 a year ago. Income before income taxes was $16,258,000 against $554,000 a year ago. Net income attributable to the company was $11,096,000 or $0.24 per diluted share against $1,408,000 or $0.03 per diluted share a year ago. Net cash flows used in operating activities were $36,065,000 against $31,272,000 a year ago. Capital expenditures (including capitalized software) were $22,693,000 against $14,793,000 a year ago. Non-GAAP net income per diluted share improved 9 cents from the prior year quarter to $0.12, which excludes a pre-tax gain of $8.4 million on the sale of a vacated facility. Operating profit (non-GAAP) was $8.1 million against $8.9 million a year ago. The company provided earnings guidance for the second quarter and full year of 2014. For the quarter, the company estimates sales to be flat to up 4% over the same period in the prior year. Non-GAAP earnings per diluted share are anticipated in the range of $0.32 to $0.37, which excludes restructuring charges. Gross profit margin is expected to improve versus the second quarter 2013 when it was 34.2%. For the full year, the company is raising its estimate of non-GAAP earnings per diluted share to the range of $1.70 to $1.85, which excludes restructuring charges and gain on sale of a vacated facility. For the year, the company is expecting capital expenditures to be $90 million to $95 million. Effective tax rate is projected to be approximately 35% for the full year.

HNI Corp., Q1 2014 Earnings Call, Apr 17, 2014

HNI Corp., Q1 2014 Earnings Call, Apr 17, 2014

HNI Corp. to Report Q1, 2014 Results on Apr 16, 2014

HNI Corp. announced that they will report Q1, 2014 results at 5:00 PM, Eastern Standard Time on Apr 16, 2014

 

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Industry Analysis

HNI

Industry Average

Valuation HNI Industry Range
Price/Earnings 22.5x
Price/Sales 0.8x
Price/Book 3.7x
Price/Cash Flow 19.4x
TEV/Sales 0.7x
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