NYSE:HNI Stock Quote
HNI Industries Inc. is a prominent manufacturer and designer of office furniture and hearth products
The company focuses on creating innovative and high-quality products that enhance workplace environments, offering a range of solutions including seating, desks, and modular systems that cater to diverse customer needs. In addition to office furniture, HNI also produces heating equipment, such as gas and wood-burning fireplaces, that aim to provide comfort and style for residential spaces. With a commitment to sustainability and customer satisfaction, HNI leverages its industry expertise to deliver functional and aesthetically pleasing offerings for both commercial and consumer markets.
Frequently Asked Questions
Does HNI Corporation pay dividends?
Yes, HNI Corporation pays dividends to its shareholders. The company has a history of returning value to investors through regular dividend payments, reflecting its commitment to shareholder returns and financial stability.
How does HNI Corporation engage with its customers?
HNI Corporation engages with its customers through various channels, including direct sales, partnerships with dealers and distributors, and an online presence. The company prioritizes customer feedback and insights to continually improve product offerings and service delivery.
How does HNI Corporation support workplace wellness?
HNI Corporation supports workplace wellness by designing products that promote healthy work environments. The company focuses on ergonomic furniture, supportive seating, and collaborative spaces that encourage movement and well-being among employees.
How has HNI Corporation performed financially in recent years?
HNI Corporation has shown resilient financial performance over recent years, despite challenges such as market fluctuations and changes in consumer preferences. The company has focused on efficiency improvements, strategic acquisitions, and innovation, which have supported its revenue and profitability.
Is HNI Corporation involved in any community efforts?
Yes, HNI Corporation is actively involved in community efforts and corporate social responsibility initiatives. The company supports local communities through charitable contributions, employee volunteerism, and partnerships with nonprofit organizations focused on education, environmental, and health-related causes.
What are HNI Corporation's primary product categories?
HNI Corporation's primary product categories include office furniture—such as workstations, seating, and cubicles—and hearth products, which encompass gas, wood, and electric fireplaces. The company is known for its innovative designs and commitment to quality.
What are some recent developments at HNI Corporation?
Recent developments at HNI Corporation have included new product launches, strategic acquisitions to enhance market presence and innovative approaches to workspace solutions in response to evolving work environments. The company has also focused on enhancing its digital capabilities for customer engagement and service.
What does HNI Corporation do?
HNI Corporation is a leading global provider of office furniture and the manufacturer of hearth products. The company designs, builds, and sells a variety of products, including office chairs, desks, and other workspace solutions. Additionally, HNI produces fireplaces and related products, contributing to both the commercial and residential markets.
What industries does HNI Corporation serve?
HNI Corporation serves multiple industries, primarily focusing on the office furniture sector and the hearth products market. Its customers range from large corporations to small businesses, educational institutions, healthcare facilities, and residential homeowners seeking quality furnishings and efficient heating solutions.
What initiatives does HNI Corporation have for product innovation?
HNI Corporation places a strong emphasis on product innovation, continually investing in research and development to meet changing customer needs and workplace dynamics. Initiatives include designing adaptable furniture solutions, enhancing ergonomic features, and integrating technology into their products to improve user experience.
What is HNI Corporation's approach to sustainability?
HNI Corporation is committed to sustainability and responsible manufacturing practices. The company has implemented various initiatives aimed at reducing its environmental footprint, including using recycled materials, sustainable sourcing, and energy-efficient production processes across its operations.
What is HNI Corporation's market strategy?
HNI Corporation's market strategy revolves around focusing on high-quality, innovative products tailored to meet the needs of diverse customer segments. The company employs a multi-channel approach, including direct sales, channel partners, and e-commerce, to reach a wide audience effectively.
What is HNI Corporation's vision for the future?
HNI Corporation's vision for the future is centered around innovation, growth, and sustainability. The company aims to lead the office furniture and hearth product markets by continually evolving to meet customer needs, embracing new technologies, and enhancing operational efficiency.
What is HNI Corporation’s approach to employee development?
HNI Corporation values its workforce and invests in employee development through training programs, leadership development, and opportunities for career advancement. The company fosters a culture of continuous learning and engagement to enhance employee satisfaction and retention.
What is the stock symbol for HNI Corporation?
HNI Corporation is publicly traded on the New York Stock Exchange under the ticker symbol 'HNI'. Investors can buy and sell shares of HNI Corporation like any other publicly traded company.
When was HNI Corporation founded?
HNI Corporation was founded in 1944, originally starting as a small wood office furniture manufacturer in Muscatine, Iowa. Over the decades, the company has expanded its product lines and market presence, evolving into a prominent player in the office furniture and hearth product sectors.
Where is HNI Corporation headquartered?
HNI Corporation is headquartered in Muscatine, Iowa, a location that has historical significance for the company since its inception. The headquarters oversee the company's various operations, including product development, production, and corporate management.
Who are HNI Corporation's main competitors?
HNI Corporation faces competition from various companies in the office furniture and hearth products sectors. Key competitors include Steelcase, Herman Miller, Knoll, and La-Z-Boy for office furniture, as well as companies like Travis Industries and Hearth & Home Technologies in the hearth product space.
What is the current price of HNI Corporation Common Stock?
The current price of HNI Corporation Common Stock is 45.23
When was HNI Corporation Common Stock last traded?
The last trade of HNI Corporation Common Stock was at 2:52 pm EDT on April 2nd, 2025
What is the market capitalization of HNI Corporation Common Stock?
The market capitalization of HNI Corporation Common Stock is 2.13B
How many shares of HNI Corporation Common Stock are outstanding?
HNI Corporation Common Stock has 47.20M shares outstanding.