HNI is a leading global provider and designer of office furniture and the nation's leading manufacturer and marketer of hearth products. HNI sells the broadest and deepest selection of quality office furniture solutions available to meet the needs of every customer through an extensive portfolio of well-known and trusted brands. Its hearth products are the strongest, most respected brands in the industry and include a full array of gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories.
Company profile
Ticker
HNI
Exchange
Website
CEO
Stanley Askren
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Steelcase ...
Former names
HON INDUSTRIES INC
SEC CIK
Corporate docs
Subsidiaries
Allsteel LLC • Design Holdings Inc. • The Gunlocke Company L.L.C. • Hearth & Home Technologies LLC • Hickory Business Furniture, LLC • HNI Asia L.L.C. • HNI Asia Technology • HNI GBSC India Private Limited • HNI Holdings Inc. • HNI International Inc. ...
IRS number
420617510
HNI stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
21 Mar 23
DEFA14A
Additional proxy soliciting materials
21 Mar 23
DEF 14A
Definitive proxy
21 Mar 23
8-K
Entry into a Material Definitive Agreement
16 Mar 23
425
Business combination disclosure
10 Mar 23
8-K
Entry into a Material Definitive Agreement
10 Mar 23
425
Business combination disclosure
9 Mar 23
425
Business combination disclosure
9 Mar 23
425
Business combination disclosure
8 Mar 23
425
Business combination disclosure
8 Mar 23
Transcripts
HNI
Earnings call transcript
2022 Q4
23 Feb 23
HNI
Earnings call transcript
2022 Q3
24 Oct 22
HNI
Earnings call transcript
2022 Q2
30 Jul 22
HNI
Earnings call transcript
2022 Q1
29 Apr 22
HNI
Earnings call transcript
2021 Q4
28 Feb 22
HNI
Earnings call transcript
2021 Q3
25 Oct 21
HNI
Earnings call transcript
2021 Q2
31 Jul 21
HNI
Earnings call transcript
2021 Q1
1 May 21
HNI
Earnings call transcript
2020 Q4
1 Mar 21
HNI
Earnings call transcript
2020 Q3
19 Oct 20
Latest ownership filings
4
Marshall H Bridges
17 Feb 23
4
Patrick D Hallinan
17 Feb 23
4
Jeffrey D Lorenger
17 Feb 23
4
Bishop Brandon Bullock III
17 Feb 23
4
Vincent P Berger
17 Feb 23
4
Steven M Bradford
17 Feb 23
4
Jason Dean Hagedorn
17 Feb 23
4
Donna D Meade
17 Feb 23
4
Radhakrishna S Rao
17 Feb 23
4
Jeffrey D Lorenger
14 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Oct 22 | Jul 22 | Apr 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 17.40 mm | 17.40 mm | 17.40 mm | 17.40 mm | 17.40 mm | 17.40 mm |
| Cash burn (monthly) | 1.23 mm | 2.91 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 3.72 mm | 8.78 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 13.68 mm | 8.62 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 11.1 | 3.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
77.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 170 |
| Opened positions | 27 |
| Closed positions | 19 |
| Increased positions | 64 |
| Reduced positions | 52 |
| 13F shares | Current |
|---|---|
| Total value | 860.53 bn |
| Total shares | 31.87 mm |
| Total puts | 300.00 |
| Total calls | 9.70 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 6.68 mm | $190.03 bn |
| Vanguard | 4.70 mm | $133.63 bn |
| State Farm Mutual Automobile Insurance | 4.03 mm | $114.79 bn |
| NTRS Northern Trust | 2.16 mm | $61.27 bn |
| STT State Street | 1.58 mm | $44.90 bn |
| Charles Schwab Investment Management | 1.31 mm | $37.27 bn |
| Dimensional Fund Advisors | 1.21 mm | $34.53 mm |
| Geode Capital Management | 741.37 k | $21.12 bn |
| FMR | 726.81 k | $20.66 bn |
| BK Bank Of New York Mellon | 637.39 k | $18.12 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Feb 23 | Radhakrishna S Rao | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 230 | 7.24 k | 10,925.748 |
| 16 Feb 23 | Radhakrishna S Rao | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 262 | 8.24 k | 11,155.748 |
| 16 Feb 23 | Vincent P Berger | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 1,215 | 38.22 k | 70,874.288 |
| 16 Feb 23 | Vincent P Berger | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 1,385 | 43.57 k | 72,089.288 |
| 16 Feb 23 | Steven M Bradford | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 573 | 18.03 k | 63,177.559 |
| 16 Feb 23 | Steven M Bradford | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 641 | 20.17 k | 63,750.559 |
| 16 Feb 23 | Jason Dean Hagedorn | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 423 | 13.31 k | 26,263.923 |
| 16 Feb 23 | Jason Dean Hagedorn | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 526 | 16.55 k | 26,686.923 |
| 16 Feb 23 | Jason Dean Hagedorn | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 675 | 21.24 k | 27,212.923 |
| 16 Feb 23 | Donna D Meade | Common Stock | Payment of exercise | Dispose F | No | No | 31.46 | 292 | 9.19 k | 29,255.303 |
News
Benzinga's Top Ratings Upgrades, Downgrades For March 9, 2023
9 Mar 23
Sidoti & Co. Upgrades HNI to Buy, Announces $34 Price Target
9 Mar 23
Why Miromatrix Medical Shares Are Trading Lower By 40%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
8 Mar 23
12 Industrials Stocks Moving In Wednesday's Intraday Session
8 Mar 23
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8 Mar 23
Press releases
SHAREHOLDER ALERT: Weiss Law Investigates Kimball International, Inc.
8 Mar 23
KIMBALL INTERNATIONAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kimball International, Inc. - KBAL
8 Mar 23
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Kimball International, Inc. (KBAL)
8 Mar 23
HNI Corporation to Acquire Kimball International
8 Mar 23
HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2022
23 Feb 23