Last 7 days
0.2%
Last 30 days
11.9%
Last 90 days
5.6%
Trailing 12 Months
68.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.5B | 0 | 0 | 0 |
2023 | 2.3B | 2.2B | 2.3B | 2.4B |
2022 | 2.3B | 2.4B | 2.4B | 2.4B |
2021 | 2.0B | 2.1B | 2.1B | 2.2B |
2020 | 2.2B | 2.1B | 2.0B | 2.0B |
2019 | 2.2B | 2.2B | 2.2B | 2.2B |
2018 | 2.2B | 2.2B | 2.2B | 2.3B |
2017 | 2.2B | 2.2B | 2.2B | 2.2B |
2016 | 2.3B | 2.3B | 2.2B | 2.2B |
2015 | 2.3B | 2.4B | 2.4B | 2.3B |
2014 | 2.1B | 2.1B | 2.1B | 2.2B |
2013 | 2.0B | 2.0B | 2.0B | 2.1B |
2012 | 1.9B | 1.9B | 2.0B | 2.0B |
2011 | 1.7B | 1.8B | 1.8B | 1.8B |
2010 | 1.6B | 1.6B | 1.6B | 1.7B |
2009 | 2.2B | 2.0B | 1.8B | 1.6B |
2008 | 0 | 0 | 0 | 2.4B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 09, 2024 | porcellato larry b | sold | -82,616 | 46.00 | -1,796 | - |
May 09, 2024 | calado miguel m | sold | -78,476 | 46.00 | -1,706 | - |
Mar 18, 2024 | porcellato larry b | sold | -88,000 | 44.00 | -2,000 | - |
Mar 18, 2024 | calado miguel m | sold | -66,000 | 44.00 | -1,500 | - |
Mar 15, 2024 | porcellato larry b | sold | -86,560 | 43.28 | -2,000 | - |
Mar 15, 2024 | bell mary a | sold | -124,991 | 43.13 | -2,898 | - |
Mar 15, 2024 | berger vincent p | acquired | 51,183 | 32.03 | 1,598 | president, hht; evp, hni corp |
Mar 14, 2024 | berger vincent p | sold | -429,068 | 43.01 | -9,976 | president, hht; evp, hni corp |
Mar 14, 2024 | berger vincent p | acquired | 319,531 | 32.03 | 9,976 | president, hht; evp, hni corp |
Mar 07, 2024 | calado miguel m | sold | -107,475 | 42.99 | -2,500 | - |
Which funds bought or sold HNI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | Beacon Capital Management, LLC | added | 1.56 | 84,261 | 344,795 | 0.07% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.14 | 48,148 | 2,100,620 | -% |
May 16, 2024 | COMERICA BANK | reduced | -10.03 | -26,426 | 874,247 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -46.63 | -646,288 | 877,328 | -% |
May 16, 2024 | Virtus Investment Advisers, Inc. | unchanged | - | 79,200 | 1,083,120 | 0.77% |
May 15, 2024 | MidWestOne Financial Group, Inc. | unchanged | - | 106,306 | 1,453,820 | 0.26% |
May 15, 2024 | DARK FOREST CAPITAL MANAGEMENT LP | new | - | 213,555 | 213,555 | 0.04% |
May 15, 2024 | TWO SIGMA ADVISERS, LP | reduced | -52.07 | -1,968,790 | 2,108,380 | -% |
May 15, 2024 | SHERBROOKE PARK ADVISERS LLC | new | - | 354,451 | 354,451 | 0.07% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -96.98 | -668,804 | 22,520 | -% |
Unveiling HNI Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to HNI Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CARR | 58.8B | 23.0B | 43.8 | 2.55 | ||||
HUBB | 21.1B | 5.5B | 29.05 | 3.84 | ||||
BLDR | 20.4B | 17.1B | 13.91 | 1.19 | ||||
CSL | 19.9B | 4.9B | 23.21 | 4.06 | ||||
LECO | 12.9B | - | 23.62 | 3.13 | ||||
MID-CAP | ||||||||
AYI | 8.0B | 3.9B | 21.17 | 2.08 | ||||
AAON | 6.2B | 1.2B | 34.26 | 5.29 | ||||
ATKR | 5.5B | 3.4B | 8.95 | 1.64 | ||||
AEIS | 4.0B | 1.6B | 30.83 | 2.54 | ||||
PLUG | 2.4B | 801.3M | -1.65 | 3 | ||||
SMALL-CAP | ||||||||
APOG | 1.5B | 1.4B | 14.78 | 1.04 | ||||
ACTG | 538.1M | 141.5M | 9.37 | 3.8 | ||||
ACCO | 493.5M | 1.8B | -20.23 | 0.28 | ||||
FCEL | 366.0M | 103.0M | -4 | 3.55 | ||||
APT | 56.3M | 60.9M | 13.37 | 0.92 |
HNI Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -13.5% | 588 | 680 | 712 | 564 | 479 | 569 | 599 | 622 | 572 | 603 | 587 | 511 | 484 | 562 | 507 | 417 | 469 | 616 | 625 | 526 | 479 |
Gross Profit | -14.8% | 233 | 273 | 285 | 216 | 174 | 208 | 210 | 221 | 197 | 194 | 195 | 188 | 180 | 209 | 186 | 151 | 176 | 234 | 238 | 193 | 170 |
S&GA Expenses | -3.7% | 203 | 211 | 223 | 211 | 168 | 179 | 178 | 190 | 177 | 176 | 169 | 163 | 157 | 171 | 147 | 136 | 167 | 169 | 177 | 168 | 166 |
EBITDA Margin | 10.4% | 0.07* | 0.07* | 0.07* | 0.08* | 0.10* | 0.10* | 0.10* | 0.07* | 0.07* | 0.08* | 0.09* | 0.10* | 0.09* | 0.07* | 0.09* | 0.09* | 0.09* | 0.10* | 0.09* | - | - |
Interest Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.00 | 2.00 |
Income Taxes | - | 4.00 | - | 10.00 | 4.00 | 2.00 | 4.00 | 16.00 | -2.50 | 4.00 | 2.00 | 5.00 | 5.00 | 6.00 | 7.00 | 7.00 | 0.00 | -1.64 | 14.00 | 12.00 | 5.00 | 1.00 |
Earnings Before Taxes | -2.9% | 22.00 | 23.00 | 47.00 | -9.00 | 4.00 | 21.00 | 80.00 | 28.00 | 19.00 | 10.00 | 24.00 | 23.00 | 21.00 | 30.00 | 37.00 | 13.00 | -25.54 | 62.00 | 58.00 | 21.00 | 2.00 |
EBT Margin | 22.6% | 0.03* | 0.03* | 0.03* | 0.04* | 0.06* | 0.06* | 0.06* | 0.03* | 0.03* | 0.04* | 0.05* | 0.05* | 0.05* | 0.03* | 0.04* | 0.05* | 0.05* | 0.06* | 0.05* | - | - |
Net Income | -21.9% | 18.00 | 23.00 | 38.00 | -12.80 | 2.00 | 16.00 | 63.00 | 30.00 | 14.00 | 8.00 | 19.00 | 17.00 | 15.00 | 23.00 | 31.00 | 13.00 | -23.89 | 48.00 | 46.00 | 16.00 | 1.00 |
Net Income Margin | 27.0% | 0.03* | 0.02* | 0.02* | 0.03* | 0.05* | 0.05* | 0.05* | 0.03* | 0.03* | 0.03* | 0.03* | 0.04* | 0.04* | 0.02* | 0.03* | 0.04* | 0.04* | 0.05* | 0.04* | - | - |
Free Cashflow | -104.1% | -4.30 | 105 | 123 | 23.00 | 17.00 | 47.00 | 59.00 | 14.00 | -38.95 | 43.00 | 51.00 | 36.00 | -25.63 | 44.00 | 88.00 | 34.00 | -60.62 | 76.00 | 76.00 | 14.00 | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.8% | 1,913 | 1,929 | 2,017 | 2,076 | 1,383 | 1,415 | 1,499 | 1,587 | 1,525 | 1,498 | 1,534 | 1,477 | 1,406 | 1,418 | 1,375 | 1,315 | 1,370 | 1,453 | 1,470 | 1,442 | 1,423 |
Current Assets | -1.6% | 527 | 536 | 572 | 598 | 447 | 469 | 540 | 625 | 533 | 524 | 595 | 563 | 486 | 496 | 500 | 431 | 481 | 529 | 545 | 511 | 484 |
Cash Equivalents | -6.6% | 27.00 | 29.00 | 24.00 | 24.00 | 17.00 | 17.00 | 21.00 | 20.00 | 24.00 | 52.00 | 126 | 119 | 94.00 | 116 | 109 | 26.00 | 35.00 | 52.00 | 53.00 | 29.00 | 48.00 |
Inventory | 7.9% | 212 | 197 | 229 | 235 | 191 | 180 | 222 | 227 | 207 | 182 | 189 | 187 | 154 | 138 | 144 | 157 | 171 | 163 | 182 | 194 | 171 |
Net PPE | -0.5% | 552 | 555 | 560 | 580 | 355 | 353 | 349 | 346 | 364 | 367 | 362 | 360 | 363 | 366 | 364 | 369 | 375 | 382 | 380 | 386 | 388 |
Goodwill | 0.2% | 442 | 441 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Liabilities | -2.2% | 1,141 | 1,167 | 1,276 | 1,360 | 770 | 798 | 892 | 1,025 | 943 | 908 | 905 | 842 | - | 827 | - | - | - | - | - | - | - |
Current Liabilities | -12.1% | 408 | 464 | 502 | 489 | 353 | 395 | 460 | 492 | 463 | 506 | 494 | 451 | 395 | 439 | 417 | 362 | 366 | 479 | 459 | 423 | 373 |
Long Term Debt | 7.4% | 460 | 428 | 493 | 597 | 206 | 189 | 200 | 309 | 241 | 175 | 175 | 175 | 175 | 175 | 175 | 183 | 228 | 174 | 239 | 285 | 296 |
LT Debt, Current | 70.7% | 13.00 | 8.00 | 15.00 | 1.00 | 2.00 | 1.00 | 1.00 | 2.00 | 2.00 | 3.00 | 3.00 | 4.00 | 1.00 | 1.00 | - | - | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 |
LT Debt, Non Current | 7.4% | 460 | 428 | 493 | 597 | 206 | 189 | 200 | 309 | 241 | 175 | 175 | 175 | 175 | 175 | 175 | 183 | 228 | 174 | 239 | 285 | 296 |
Shareholder's Equity | 1.3% | 772 | 761 | 741 | 715 | 613 | 617 | 606 | 562 | 582 | 590 | 630 | 635 | 618 | 591 | 574 | 553 | 552 | 584 | 560 | 530 | 545 |
Retained Earnings | -100.0% | - | 524 | - | - | - | 534 | - | - | - | 515 | - | - | 520 | 518 | 509 | 491 | 491 | 530 | 506 | 475 | 490 |
Additional Paid-In Capital | -100.0% | - | 202 | - | - | - | 49.00 | - | - | - | 39.00 | - | - | 63.00 | 39.00 | 32.00 | 30.00 | 28.00 | 20.00 | 19.00 | 17.00 | 16.00 |
Accumulated Depreciation | 2.2% | 653 | 639 | 624 | 613 | 601 | 590 | 595 | 584 | 593 | 582 | 576 | 569 | 563 | 554 | 551 | 546 | 551 | 546 | 538 | 537 | 534 |
Shares Outstanding | 0.4% | 47.00 | 47.00 | 44.00 | 42.00 | 42.00 | 41.00 | 42.00 | 42.00 | 42.00 | 43.00 | 44.00 | 44.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | - | - |
Minority Interest | 0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Float | - | - | - | - | 949 | - | - | - | 1,032 | - | - | - | 1,137 | - | - | - | 955 | - | - | - | 1,090 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -104.1% | -4,300 | 105,000 | 122,700 | 22,500 | 17,300 | 47,300 | 59,100 | 13,800 | -39,000 | 43,100 | 51,200 | 35,616 | 1,684 | 71,139 | 115,541 | 61,126 | -33,306 | 103,758 | 102,855 | 41,041 | -28,274 |
Share Based Compensation | 48.1% | 7,700 | 5,200 | 3,700 | 3,100 | 4,500 | 2,600 | -2,100 | 2,900 | 5,600 | 3,400 | 1,700 | 2,580 | 5,220 | 1,054 | 1,087 | 1,301 | 4,358 | 1,422 | 1,336 | 1,621 | 2,451 |
Cashflow From Investing | 38.4% | -10,600 | -17,200 | -16,800 | -390,800 | -20,000 | -23,900 | 56,000 | -22,600 | -20,200 | -61,800 | -15,500 | -13,293 | -20,407 | -56,947 | -11,301 | -9,261 | -22,891 | -13,027 | -13,788 | -17,502 | -18,578 |
Cashflow From Financing | 115.5% | 12,900 | -83,300 | -105,200 | 375,200 | 2,100 | -27,100 | -119,800 | 11,200 | 30,300 | -55,500 | -27,700 | 1,816 | -3,116 | -7,504 | -21,059 | -61,074 | 39,537 | -91,671 | -64,836 | -42,629 | 17,905 |
Dividend Payments | 10.7% | 16,600 | 15,000 | 14,900 | 14,900 | 13,700 | 13,300 | 13,200 | 13,300 | 13,400 | 13,400 | 13,600 | 13,566 | 13,234 | 13,040 | 13,020 | 13,007 | 13,033 | 13,068 | 13,089 | 13,203 | 12,872 |
Buy Backs | 766.7% | 2,600 | 300 | - | - | - | - | - | 40,000 | 25,200 | 40,700 | 12,000 | 6,500 | - | 36.00 | - | 925 | 5,839 | 18,781 | 7,749 | 33,488 | 23,869 |
Condensed Consolidated Statements of Comprehensive Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 30, 2024 | Apr. 01, 2023 | |
Income Statement [Abstract] | ||
Net sales | $ 588.0 | $ 479.1 |
Cost of sales | 355.1 | 304.8 |
Gross profit | 232.8 | 174.3 |
Selling and administrative expenses | 203.1 | 167.9 |
Restructuring charges | 0.1 | 0.0 |
Operating income | 29.7 | 6.4 |
Interest expense, net | 7.6 | 2.7 |
Income before income taxes | 22.0 | 3.8 |
Income tax expense | 4.3 | 2.2 |
Net income | 17.7 | 1.6 |
Less: Net income (loss) attributable to non-controlling interest | 0.0 | (0.0) |
Net income attributable to HNI Corporation | $ 17.7 | $ 1.6 |
Average number of common shares outstanding – basic (in shares) | 47.1 | 41.5 |
Net income attributable to HNI Corporation per common share – basic (in dollars per share) | $ 0.38 | $ 0.04 |
Average number of common shares outstanding – diluted (in shares) | 48.1 | 42.1 |
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) | $ 0.37 | $ 0.04 |
Foreign currency translation adjustments | $ 0.0 | $ 0.1 |
Change in unrealized gains (losses) on marketable securities, net of tax | (0.0) | 0.2 |
Change in derivative financial instruments, net of tax | 1.4 | (0.1) |
Other comprehensive income (loss), net of tax | 1.4 | 0.1 |
Comprehensive income | 19.0 | 1.7 |
Less: Comprehensive income (loss) attributable to non-controlling interest | 0.0 | (0.0) |
Comprehensive income attributable to HNI Corporation | $ 19.0 | $ 1.7 |
Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 30, 2024 | Dec. 30, 2023 |
---|---|---|
Current Assets: | ||
Cash and cash equivalents | $ 27.0 | $ 28.9 |
Short-term investments | 5.5 | 5.6 |
Receivables | 231.9 | 247.1 |
Allowance for doubtful accounts | (2.8) | (3.5) |
Inventories, net | 212.1 | 196.6 |
Prepaid expenses and other current assets | 53.5 | 61.3 |
Total Current Assets | 527.2 | 535.9 |
Property, Plant, and Equipment: | ||
Land and land improvements | 59.0 | 58.9 |
Buildings | 409.6 | 406.8 |
Machinery and equipment | 714.5 | 705.8 |
Construction in progress | 21.8 | 22.2 |
Property plant and equipment | 1,204.8 | 1,193.7 |
Less accumulated depreciation | (652.6) | (638.5) |
Net Property, Plant, and Equipment | 552.2 | 555.2 |
Right-of-use - Finance Leases | 11.7 | 12.2 |
Right-of-use - Operating Leases | 113.8 | 115.2 |
Goodwill and Other Intangible Assets, net | 645.9 | 651.9 |
Other Assets | 61.8 | 58.4 |
Total Assets | 1,912.6 | 1,928.8 |
Current Liabilities: | ||
Accounts payable and accrued expenses | 363.7 | 418.7 |
Current maturities of debt | 12.8 | 7.5 |
Current maturities of other long-term obligations | 2.0 | 7.3 |
Current lease obligations - Finance | 4.4 | 4.4 |
Current lease obligations - Operating | 24.9 | 25.9 |
Total Current Liabilities | 407.7 | 463.7 |
Long-Term Debt | 460.2 | 428.3 |
Long-Term Lease Obligations - Finance | 7.3 | 7.9 |
Long-Term Lease Obligations - Operating | 103.7 | 104.0 |
Other Long-Term Liabilities | 78.8 | 78.0 |
Deferred Income Taxes | 83.0 | 85.1 |
Total Liabilities | 1,140.8 | 1,167.0 |
Equity: | ||
HNI Corporation shareholders’ equity | 771.5 | 761.4 |
Non-controlling interest | 0.3 | 0.3 |
Total Equity | 771.8 | 761.8 |
Total Liabilities and Equity | $ 1,912.6 | $ 1,928.8 |