HNI Corporation (HNI)
NYSEIndustrialsFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
$49.66+2.96%
Close 2026-09-04 · 1-day change
NYSEIndustrialsFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
QuarterlyIQ Insights · HNI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -9.3% |
| Our one-year growth estimate | diamond | 26.9% |
Growth built into the price is above our model estimate.
The price assumes 36.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 15 industry peers
HNI — credit agreement
Dated 2026-06-10
Entry into a Material Definitive Agreement. Credit Agreement Refinancing On June 10, 2026, HNI Corporation, an Iowa corporation (“HNI”) entered into Amendment No. 3 to Credit Agreement (“Amendment No. 3”) by and among HNI, the other Credit Parties party thereto, the 2026 Refinancing Term Lenders (as defined therein), and Wells Fargo Bank, National Association, as Administrative Agent (in such capacity, the “Administrative Agent”), which amends that certain Credit Agreement, dated as of Septem…
Why it matters: Better operating income means lower costs. This can lead to higher profits.
Supportive ifOperating income goes up by more than 10% from last quarter.
Worry ifOperating income goes down or stays the same from last quarter.
Why it matters: Finding ways to work better after the Steelcase purchase is important. It helps increase profits.
Supportive ifManagement says they have gained at least $120 million from Steelcase.
Worry ifManagement says there are delays or lower benefits from the Steelcase buy.
Why it matters: Better margins show good cost management. This helps with profit goals.
Supportive ifOperating margin in Q3 improves by at least 50 basis points compared to Q2.
Worry ifQ3 margins fall or stay the same compared to Q2.
Why it matters: Stable dividends show a promise to give value back to shareholders.
Supportive ifDividend per share remains at $0.34 in Q2.
Worry ifDividend per share is cut below $0.34 in Q2.
Why it matters: More sales growth would show that management expects stronger demand in late 2026.
Supportive ifWorkplace Furnishings segment volume growth turns positive year over year in Q3.
Worry ifVolume growth remains negative year over year in Q3.
Why it matters: A higher EPS shows the company is controlling costs and growing profits.
Supportive ifQ2 diluted EPS reported above $0.34.
Worry ifQ2 diluted EPS reported below $0.30.
Why it matters: News on the buyback program shows management's belief in the company's value.
Supportive ifManagement says they have completed a large part of the $200 million buyback.
Worry ifManagement says there are delays or stops in the buyback program.
Why it matters: Changes in dividends may show new plans for money use. This matters for investor trust.
Watch forManagement says they will raise the dividend per share.
Also watch forManagement says they will lower the dividend or stop it.
Why it matters: Increasing operating income is key for long-term profits and shows good cost control.
Supportive ifOperating income margin went up from -2.7% in Q1.
Worry ifOperating income margin drops further from -2.7% in Q1.
Why it matters: Growth in both segments would show that management's plans are working and the market is recovering.
Supportive ifOrganic net sales growth in both segments exceeds low-single digits in Q3.
Worry ifOrganic net sales growth in either segment falls below low-single digits in Q3.
Why it matters: Better income would show good cost control and efficiency. This is key for making money long-term.
Supportive ifOperating income shows a positive figure in Q2, compared to the loss in Q1.
Worry ifOperating income is still negative in Q2.
Why it matters: Higher margins mean better cost control. This can lead to more profits.
Supportive ifOperating margin in the Workplace Furnishings segment goes up year over year in Q3.
Worry ifOperating margin in the Workplace Furnishings segment goes down year over year in Q3.
Why it matters: If the industrial sector grows faster, HNI could benefit. This affects overall performance.
Supportive ifSector revenue growth speeds up to over 6% year over year.
Worry ifSector revenue growth remains below 6% year over year.
Why it matters: Keeping the dividend shows good capital use and strong finances.
Supportive ifDividend per share remains at $0.34 for the next quarter.
Worry ifDividend per share is cut or suspended.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$144 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $337 loss on $10,000 · 3.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,392 loss on $10,000 · 43.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.