HNI traded at $29.90 this Friday May 15th, decreasing $1.68 or 5.32 percent since the previous trading session. Looking back, over the last four weeks, HNI lost 16.34 percent. Over the last 12 months, its price fell by 37.60 percent. Looking ahead, we forecast HNI to be priced at 32.91 by the end of this quarter and at 30.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
HNI Corporation is a provider of products and services for the office and home. The Company operates through two segments: workplace furnishings and residential building products. The workplace furnishings segment manufactures and markets a broad line of commercial and home office furniture, which includes panel-based and freestanding furniture systems, seating, storage, tables and architectural products. The workplace furnishings segment includes various brands, such as Allsteel, HON, Gunlocke, Lamex, HBF Textiles and maxon. The residential building products segment manufactures and markets a range of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings and accessories. The residential building products segment includes various brands, such as heatilator, Quadra-Fire, Heat & Glo, Harman, Vermont Castings and Majestic.