HNI (NYSE:HNI) Stock, Quote.Headers.trade-ideas

HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

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Accenture plc (NYSE: ACN) has seen its stock rise 22% in the past three months, outperforming the industry&#39;s 14.9% growth and the 2.4% uptick in the S&amp;P 500 composite index.

Here&#39;s Why You Should Add Accenture Stock to Your Portfolio

When it comes to short-term investing or trading, they say &#34;the trend is your friend.&#34; And there&#39;s no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.

Here&#39;s Why Momentum in HNI Should Keep Going

Price Target

Pre-Market Outlook

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a  high dividend payout. 

Beat Inflation With These 3 High-Yielding Dividend Stocks In Industrials Sector From Wall Street&#39;s Most Accurate Analysts

HNI Corp

HELENS INTL HLDG U/ADR by Helens International Holdings Company Limited

Accenture plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acn#NYSE">ACN</a>) has seen its stock rise 22% in the past three months, outperforming the industry&#39;s 14.9% growth and the 2.4% uptick in the S&amp;P 500 composite index.
We have a Zacks Rank #2 (Buy) on ACN shares, given the company&#39;s technological prowess, strong cash position, contribution from acquisitions and consistent dividend payouts.
<div class="chart_embed">
<h2>Accenture PLC Price</h2>
<img alt="Accenture PLC Price" src="https://staticx-tuner.zacks.com/images/charts/4f/1726492889.png" style="height:310px; width:600px" title="" />
Accenture PLC price | Accenture PLC Quote
Let&#39;s look at the factors in detail that make the stock an attractive pick.
</div>
<h2>Technology-Based Growth Strategy</h2>
Accenture&#39;s broader growth strategy focuses on delivering comprehensive value to its stakeholders through technology. By focusing on building a digital core with cloud, data, and AI technologies and investing in talent, Accenture is well-positioned for long-term success. We believe this strategy positions Accenture as a trusted partner for its clients and keeps the stock attractive.
<h2>Strong Cash Position</h2>
Accenture had a cash and cash equivalents balance of $5.5 billion at the end of third-quarter fiscal 2024 against a total long-term debt of just $69 million. Cash provided by operating activities was $1 billion and free cash flow came in at $1 million. Accenture generates&nbsp;significant cash from operations&nbsp;and also holds a huge cash balance, management has the flexibility to pursue growth in any areas that exhibit true potential.
This flexibility and technological prowess allowed it to pursue acquisition opportunities in different markets. The company spent $2.5 billion across 25 acquisitions in fiscal 2023.&nbsp;A disciplined acquisition strategy&nbsp;helps ACN channel its business in high-growth areas, adding skills and capabilities, and deepening industry and functional expertise.
<h2>Dividend Spinner</h2>
Commitment to shareholder returns makes ACN a reliable way for investors to compound wealth over the long term. The company paid $2.8 billion, $2.5 billion and $2.2 billion in dividends in 2023, 2022, and 2021, respectively. We are expecting steady income growth, which will translate to steady cash flow, enabling it to pay out stable dividends.
<h2>Other Stocks to Consider</h2>
Investors can look at&nbsp;some other top-ranked stocks like AppLovin&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/app#NASDAQ">APP</a>), Climb Global Solutions (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clmb#NASDAQ">CLMB</a>), and HNI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hni#NYSE">HNI</a>).
APP currently sports a Zacks Rank of 1 (Strong Buy). The company has a long-term earnings growth expectation of 20%. APP delivered a trailing four-quarter earnings surprise of 21.1%, on average.
Climb Global Solutions flaunts a Zacks Rank #1 at present. It has a long-term earnings growth expectation of 11%. CLMB delivered a trailing four-quarter earnings surprise of 25.2%, on average.
HNI sports a Zacks Rank #1 at present. It has a long-term earnings growth expectation of 12%. HNI delivered a trailing four-quarter earnings surprise of 51.3%, on average.
<a href="https://www.zacks.com/stock/news/2336610/here-s-why-you-should-add-accenture-stock-to-your-portfolio?cid=CS-BENZ-FT-analyst_blog|rank_focused-2336610">To read this article on Zacks.com click here.</a>

Here's Why You Should Add Accenture Stock to Your Portfolio

Benchmark analyst Reuben Garner maintains HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) with a Buy and raises the price target from $57 to $63.

Benchmark Maintains Buy on HNI, Raises Price Target to $63

WIIM

HNI shares are trading higher after the company reported better-than-expected Q2 earnings.

HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) reported quarterly earnings of $0.79 per share which beat the analyst consensus estimate of $0.61 by 29.51 percent. This is a 43.64 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $623.70 million which missed the analyst consensus estimate of $637.82 million by 2.21 percent. This is a 10.68 percent increase over sales of $563.50 million the same period last year.

Earnings Beats

Earnings Misses

HNI Q2 Adj $0.79 Beats $0.61 Estimate, Sales $623.70M Miss $637.82M Estimate

When it comes to short-term investing or trading, they say &quot;the trend is your friend.&quot; And there&#39;s no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Investors looking to make a profit from stocks that are currently on the move may find our &quot;Recent Price Strength&quot; screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen and HNI (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hni#NYSE">HNI</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. HNI is quite a good fit in this regard, gaining 13.8% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 9.3% over the past four weeks ensures that the trend is still in place for the stock of this maker of office furniture and fireplaces.
Moreover, HNI is currently trading at 92.8% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in HNI may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2305858/here-s-why-momentum-in-hni-hni-should-keep-going?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2305858">To read this article on Zacks.com click here.</a>

Here's Why Momentum in HNI Should Keep Going

Benchmark analyst Reuben Garner maintains HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) with a Buy and raises the price target from $54 to $57.

Benchmark Maintains Buy on HNI, Raises Price Target to $57

HNI Expects Hickory Plant Closure To Impact Approximately 200 Production And Operations Members

HNI plans to consolidate production into its other North American facilities.&nbsp;HNI estimates the consolidation will save approximately&nbsp;$11 million&nbsp;annually once fully mature in 2026. Savings realized in 2025 are expected to be&nbsp;$8&nbsp;to&nbsp;$9 million.&nbsp;
HNI anticipates charges resulting from the consolidation will impact pre-tax earnings by an estimated&nbsp;$10.3 million&nbsp;in 2024 and 2025, including&nbsp;$1.5 million&nbsp;of non-cash charges. The following table lists the estimated composition and timing of these charges:

HNI Plans To Close Its Hickory, North Carolina, Manufacturing Plant During H1 Of 2025

Benchmark analyst Reuben Garner maintains HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) with a Buy and raises the price target from $50 to $54.

Benchmark Maintains Buy on HNI, Raises Price Target to $54

<h3>Gainers</h3>
<ul>
<li>Ryde Group (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/RYDE#AMEX">RYDE</a>) shares rose 17.2% to $3.89 during Monday's pre-market session. The company's market cap stands at $74.3 million. </li>
<li>Pineapple Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) stock moved upwards by 10.38% to $0.07. The market value of their outstanding shares is at $4.4 million. </li>
<li>Enovix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) stock moved upwards by 7.58% to $6.95. The market value of their outstanding shares is at $1.1 billion. </li>
<li>Ault Alliance (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AULT#AMEX">AULT</a>) shares increased by 7.5% to $0.31. The market value of their outstanding shares is at $9.1 million. </li>
<li>HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) stock rose 5.88% to $45.0. The market value of their outstanding shares is at $2.1 billion. As per the press release, Q1 earnings came out today. </li>
<li>Air Industries (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AIRI#AMEX">AIRI</a>) stock increased by 5.69% to $6.5. The company's market cap stands at $21.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Perma-Fix Envirn Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PESI#NASDAQ">PESI</a>) shares declined by 7.1% to $11.2 during Monday's pre-market session. The company's market cap stands at $153.1 million. </li>
<li>Nature's Miracle Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMHI#NASDAQ">NMHI</a>) stock fell 6.36% to $0.88. The market value of their outstanding shares is at $23.1 million. </li>
<li>Freight Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRGT#NASDAQ">FRGT</a>) stock fell 6.33% to $0.93. The company's market cap stands at $2.2 million. </li>
<li>VCI Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCIG#NASDAQ">VCIG</a>) stock declined by 5.99% to $1.1. The market value of their outstanding shares is at $41.8 million. </li>
<li>Mesa Air Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESA#NASDAQ">MESA</a>) stock declined by 5.97% to $0.86. The company's market cap stands at $35.4 million. </li>
<li>Knightscope (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSCP#NASDAQ">KSCP</a>) shares decreased by 5.87% to $0.42. The company's market cap stands at $43.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AIRI

AULT

ENVX

FRGT

KSCP

MESA

NMHI

PEGY

PESI

RYDE

VCIG

12 Industrials Stocks Moving In Monday's Pre-Market Session

HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.18 by 105.56 percent. This is a 184.62 percent increase over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $588.00 million which beat the analyst consensus estimate of $574.56 million by 2.34 percent. This is a 22.73 percent increase over sales of $479.10 million the same period last year.

HNI Q1 Adj $0.37 Beats $0.18 Estimate, Sales $588.00M Beat $574.56M Estimate

By the end of today, March 06, 2024, HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) is set to deliver a dividend payout of $0.32 per share, equating to an annualized dividend yield of 2.97%. Shareholders who owned the stock prior to the ex-dividend date on February 23, 2024 will receive this payout.
<h3>HNI Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-23</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>2.97%</td>
<td>2024-02-13</td>
<td>2024-02-26</td>
<td>2024-03-06</td>
</tr>
<tr>
<td>2023-11-17</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>3.36%</td>
<td>2023-11-08</td>
<td>2023-11-20</td>
<td>2023-12-01</td>
</tr>
<tr>
<td>2023-08-24</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>3.91%</td>
<td>2023-08-15</td>
<td>2023-08-25</td>
<td>2023-09-08</td>
</tr>
<tr>
<td>2023-06-08</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>4.62%</td>
<td>2023-05-15</td>
<td>2023-06-09</td>
<td>2023-06-23</td>
</tr>
<tr>
<td>2023-02-24</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>4.04%</td>
<td>2023-02-14</td>
<td>2023-02-27</td>
<td>2023-03-08</td>
</tr>
<tr>
<td>2022-11-18</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>4.45%</td>
<td>2022-11-09</td>
<td>2022-11-21</td>
<td>2022-12-01</td>
</tr>
<tr>
<td>2022-08-25</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>3.56%</td>
<td>2022-08-16</td>
<td>2022-08-26</td>
<td>2022-09-08</td>
</tr>
<tr>
<td>2022-05-26</td>
<td style="text-align: right;">4</td>
<td>$0.32</td>
<td>3.53%</td>
<td>2022-05-16</td>
<td>2022-05-27</td>
<td>2022-06-08</td>
</tr>
<tr>
<td>2022-02-25</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.94%</td>
<td>2022-02-15</td>
<td>2022-02-28</td>
<td>2022-03-07</td>
</tr>
<tr>
<td>2021-11-19</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>3.08%</td>
<td>2021-11-11</td>
<td>2021-11-22</td>
<td>2021-12-01</td>
</tr>
<tr>
<td>2021-08-19</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>3.23%</td>
<td>2021-08-10</td>
<td>2021-08-20</td>
<td>2021-09-01</td>
</tr>
<tr>
<td>2021-05-20</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.79%</td>
<td>2021-05-10</td>
<td>2021-05-21</td>
<td>2021-06-01</td>
</tr>
</tbody>
</table>
HNI's dividend yield falls in the middle range when compared to its industry peers, with ARC Document Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARC#NYSE">ARC</a>) having the highest annualized dividend yield at 7.58%.
<h3>Analyzing HNI Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709737520_0.png" alt="dividend chart graph" />
Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $1.22 to $1.28, indicating the company's dedication to enhancing shareholder value through increased dividends.
<h3>YoY Earnings Growth For HNI</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709737520_1.png" alt="earning chart graph" />
Investors can observe a decrease in HNI's earnings per share from $2.24 in 2020 to $2.24 in 2023. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.
<h3>Recap</h3>
This article takes an in-depth look at HNI's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.32 per share today, translating to an annualized dividend yield of 2.97%.
HNI's dividend yield falls in the middle range when compared to its industry peers, with ARC Document Solutions having the highest annualized dividend yield at 7.58%.
With dividend per share increasing and earnings per share decreasing from 2020 to 2023, HNI seems to be emphasizing the distribution of profits to investors despite the decline in profitability.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[See current stock movements HNI on Benzinga.](https://www.benzinga.com/quote/HNI (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hni#NYSE">HNI</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Navigating Challenges and Investor Rewards: HNI Ensures Steady Distribution amidst Changing Profits

Kimball International solidly accretive; estimated synergies move higher.&nbsp;Kimball International (&quot;KII&quot;) added approximately&nbsp;$16 million&nbsp;to&nbsp;fourth quarter&nbsp;operating profit while generating an operating profit margin of approximately&nbsp;11 percent. KII also added an estimated&nbsp;$0.07&nbsp;to&nbsp;fourth quarter&nbsp;non-GAAP EPS. The Corporation now expects to achieve total annual cost synergies of&nbsp;$35 million. This is up from previous expectations of at least&nbsp;$25 million, which is now expected to be achieved in 2024&mdash;well ahead of the initially

Guidance

HNI Expects Kimball International To Add $215M To $225M Of Incremental Revenue To 2024 And Be Solidly Accretive To Earnings

HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) reported quarterly adjusted earnings of $0.98 per share which beat the analyst consensus estimate of $0.82 by 19.51 percent. This is a 55.56 percent increase over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $679.80 million which missed the analyst consensus estimate of $684.85 million by 0.74 percent. This is a 19.49 percent increase over sales of $568.90 million the same period last year.

HNI Q4 Adj. EPS $0.98 Beats $0.82 Estimate, Sales $679.80M Miss $684.85M Estimate

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments"> high dividend payout. </a>
Benzinga readers can review the latest analyst takes on&nbsp;their favorite stocks&nbsp;by visiting our&nbsp;<a href="https://www.benzinga.com/analyst-stock-ratings" target="_blank">Analyst Stock Ratings&nbsp;</a>page. Traders can sort through Benzinga&#39;s extensive database of analyst ratings, including&nbsp;by analyst accuracy. Here&#39;s a look at the most recent high-yield dividend&nbsp;stock ratings from the most accurate Wall Street analysts, according to Benzinga&#39;s&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock&nbsp;</a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Ratings</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3>HNI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hni#NYSE">HNI</a>)</h3>
<ul>
<li>Dividend Yield: 3.03%</li>
<li>Benchmark analyst Reuben Garner maintained a Buy rating and boosted the price target from $36 to $45 on Aug. 9, 2023. This analyst has an accuracy rate of 84%.</li>
<li>Sidoti &amp; Co. analyst Gregory Burns upgraded the stock from Neutral to Buy with a price target of $34 on March 9, 2023. This analyst has an accuracy rate of 72%.</li>
<li>Recent News: HNI reported better-than-expected third-quarter earnings.</li>
</ul>
<h3>Stanley Black &amp; Decker, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/swk#NYSE">SWK</a>)</h3>
<ul>
<li>Dividend Yield: 3.40%</li>
<li>JP Morgan analyst Michael Rehaut downgraded the stock from Neutral to Underweight with a price target of $89 on Dec. 14, 2023. This analyst has an accuracy rate of 70%.</li>
<li>Barclays analyst Julian Mitchell maintained an Overweight rating and slashed the price target from $120 to $105 on Oct. 30, 2023. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: Stanley Black &amp; Decker, during October, reported a third-quarter FY23 sales decline of 4.1% year-on-year to $3.953 billion, missing the analyst consensus estimate of $3.965 billion.</li>
</ul>
<h3>Resources Connection, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rgp#NASDAQ">RGP</a>)</h3>
<ul>
<li>Dividend Yield: 4.14%</li>
<li>JP Morgan analyst Andrew Steinerman maintained an Underweight rating and cut the price target from $16 to $14 on Oct. 5, 2023. This analyst has an accuracy rate of 81%.</li>
<li>Baird analyst Mark Marcon maintained a Neutral rating on the stock and cut the price target from $21 to $18 on April 5, 2023. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: Resources Connection posted better-than-expected results for its second quarter.</li>
</ul>
&nbsp;
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Beat Inflation With These 3 High-Yielding Dividend Stocks In Industrials Sector From Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments"> high dividend payout. </a>
Benzinga readers can review the latest analyst takes on&nbsp;their favorite stocks&nbsp;by visiting our&nbsp;<a href="https://www.benzinga.com/analyst-stock-ratings" target="_blank">Analyst Stock Ratings&nbsp;</a>page. Traders can sort through Benzinga&#39;s extensive database of analyst ratings, including&nbsp;by analyst accuracy. Here&#39;s a look at the most recent high-yield dividend&nbsp;stock ratings from the most accurate Wall Street analysts, according to Benzinga&#39;s&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock&nbsp;</a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Ratings</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3>HNI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hni#NYSE">HNI</a>)</h3>
<ul>
<li>Dividend Yield: 3.03%</li>
<li>Benchmark analyst Reuben Garner maintained a Buy rating and raised the price target from $36 to $45 on Aug. 9, 2023. This analyst has an accuracy rate of 81%.</li>
<li>Sidoti &amp; Co. analyst Gregory Burns upgraded the stock from Neutral to Buy with a price target of $34 on March 9, 2023. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: On Oct. 31, HNI reported better-than-expected third-quarter earnings.</li>
</ul>
<h3>Copa Holdings, S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cpa#NYSE">CPA</a>)</h3>
<ul>
<li>Dividend Yield: 3.08%</li>
<li>Raymond James analyst Savanthi Syth maintained a Strong Buy rating and raised the price target from $152 to $155 on Nov. 17, 2023. This analyst has an accuracy rate of 66%.</li>
<li>HSBC analyst Alexandre Falcao maintained a Buy rating and cut the price target from $143 to $138 on June 13, 2023. This analyst has an accuracy rate of 72%.</li>
<li>Recent News: Copa Holdings said capacity (ASMs) rose by 11.9% for November, while system-wide passenger traffic (RPMs) surged by 12.4% versus 2022.</li>
</ul>
<h3>MSC Industrial Direct Co., Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msm#NYSE">MSM</a>)</h3>
<ul>
<li>Dividend Yield: 3.25%</li>
<li>Loop Capital analyst Chris Dankert upgraded the stock from Hold to Buy and raised the price target from $96 to $124 on Oct. 9, 2023. This analyst has an accuracy rate of 71%.</li>
<li>Baird analyst David Manthey maintained an Outperform rating and boosted the price target from $104 to $110 on June 30, 2023. This analyst has an accuracy rate of 83%.</li>
<li>Recent News: On Oct. 25, MSC Industrial Direct reported fourth-quarter FY23 sales growth of 1.3% year-on-year to $1.035 billion, beating the analyst consensus estimate of $1.01 billion.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/12/36393434/how-to-earn-500-a-month-from-apple-stock"> How To Earn $500 A Month From Apple Stock</a>

Long Ideas

Wall Street's Most Accurate Analysts Say Buy These 3 Industrials Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments"> high dividend payout. </a>
Benzinga readers can review the latest analyst takes on&nbsp;their favorite stocks&nbsp;by visiting our&nbsp;<a href="https://www.benzinga.com/analyst-stock-ratings" target="_blank">Analyst Stock Ratings&nbsp;</a>page. Traders can sort through Benzinga&#39;s extensive database of analyst ratings, including&nbsp;by analyst accuracy. Here&#39;s a look at the most recent high-yield dividend&nbsp;stock ratings from the most accurate Wall Street analysts, according to Benzinga&#39;s&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock&nbsp;</a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Ratings</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3>C.H. Robinson Worldwide, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chrw#NASDAQ">CHRW</a>)</h3>
<ul>
<li>Dividend Yield: 3.00%</li>
<li>JP Morgan analyst Brian Ossenbeck maintained an Underweight rating and cut the price target from $81 to $78 on Nov. 2, 2023. This analyst has an accuracy rate of 73%.</li>
<li>Credit Suisse analyst Ariel Rosa maintained an Underperform rating and cut the price target from $93 to $92 on Aug. 16, 2023. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: C.H. Robinson reported better-than-expected third-quarter earnings results.</li>
</ul>
<h3>The Greenbrier Companies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gbx#NYSE">GBX</a>)</h3>
<ul>
<li>Dividend Yield: 3.20%</li>
<li>B of A Securities analyst Ken Hoexter maintained an Underperform and raised the price target from $40 to $42 on Sept. 22, 2023. This analysts has an accuracy rate of 71%.</li>
<li>Wells Fargo analyst Allison Poliniak downgraded the stock from Overweight to Equal-Weight and lowered the price target from $48 to $40 on Sept. 7, 2023.This analyst has an accuracy rate of 68%.</li>
<li>Recent News: The company said fourth-quarter revenue rose to $1.017 billion from $950.7 million a year ago and above the consensus of $990.34 million.</li>
</ul>
<h3>HNI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hni#NYSE">HNI</a>)</h3>
<ul>
<li>Dividend Yield: 3.28%</li>
<li>Benchmark analyst Reuben Garner maintained a Buy rating and raised the price target from $36 to $45 on Aug. 9, 2023. This analyst has an accuracy rate of 81%.</li>
<li>Sidoti &amp; Co. analyst Gregory Burns upgraded the stock from Neutral to Buy with a price target of $34 on March 9, 2023. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: HNI reported better-than-expected third-quarter earnings.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/11/35972376/intuit-netapp-and-3-stocks-to-watch-heading-into-tuesday"> Intuit, NetApp And 3 Stocks To Watch Heading Into Tuesday</a>

CHRW

Check Out 3 High-Yielding Dividend Stocks In Industrials Sector From Wall Street's Most Accurate Analysts

Thursday marks the last chance for investors to receive the next dividend payout from HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 32 cents per share. On Friday, HNI will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 32 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own HNI as of the end of Thursday's session are eligible to receive the 32 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 01, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/HNI">Track real-time stock fluctuations for HNI on Benzinga.</a>

Thursday Is Your Last Chance To Buy HNI Before The Dividend Payout

The most overbought stocks in the industrials sector presents an opportunity to go short on these overvalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70.</a>
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>SP Plus Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sp#NASDAQ">SP</a>)</h3>
<ul>
<li>SP Plus posted better-than-expected third-quarter results. Marc Baumann, Chairman and Chief Executive Officer, said, &ldquo;This was a record quarter for SP+ across key financial and operating metrics, reflecting increased client demand for our unique ability to deliver industry leading technology solutions and best-in-class onsite services at scale. Market conditions remained robust as back-to-office trends and travel volumes continued to be favorable.&rdquo; The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/SP">52-week high of $52.40. </a>.</li>
<li>RSI Value: 73.85</li>
<li>SP Price Action: Shares of SP Plus fell 1.1% to close at $50.93 on Monday.</li>
</ul>
<h3>Leidos Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ldos#NYSE">LDOS</a>)</h3>
<ul>
<li>Leidos reported better-than-expected third-quarter financial results and raised FY23 adjusted EPS and revenue guidance. Thomas Bell, Leidos Chief Executive Officer, commented, &quot;Our third quarter financial results build on the momentum from last quarter and are the direct result of our entire team being aligned on our direction and intent on delivering against our commitments.&quot; The company&rsquo;s <a href="https://www.benzinga.com/quote/LDOS"> stock has a 52-week high </a> of $110.91.</li>
<li>RSI Value: 72.84</li>
<li>LDOS Price Action: Shares of Leidos fell 0.6% to close at $103.32 on Monday.</li>
</ul>
<h3>RTX Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rtx#NYSE">RTX</a>)</h3>
<ul>
<li>RTX inked a joint venture pact with Rafael Advanced Defense Systems to build a manufacturing facility in East Camden, Arkansas. &quot;This new facility will allow us to expand our presence in Camden and further benefit from the resident talent and expertise of this aerospace and defense epicenter,&quot; said Raytheon&#39;s Tom Laliberty, president of Land &amp; Air Defense Systems and Raytheon-Rafael Area Protection Systems chairman of the board. The company has a <a href="https://www.benzinga.com/quote/RTX"> 52-week high </a> of $104.91.</li>
<li>RSI Value: 72.36</li>
<li>RTX Price Action: Shares of RTX fell 0.4% to close at $82.40 on Monday.</li>
</ul>
<h3>HNI Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hni#NYSE">HNI</a>)</h3>
<ul>
<li>HNI reported better-than-expected third-quarter earnings. &ldquo;Our profit transformation actions continue to accelerate&mdash;reflecting the focus and dedication of our members. Our strategies to expand operating profit margin in our Workplace Furnishings segment continue to deliver,&rdquo; stated Jeff Lorenger, Chairman, President, and Chief Executive Officer. The company&rsquo;s 52-week high is $38.68.</li>
<li>RSI Value: 71.09</li>
<li>HNI Price Action: Shares of HNI fell 0.2% to close at $38.46 on Monday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/11/35618770/2-8m-bet-on-repare-therapeutics-check-out-these-4-penny-stocks-insiders-are-aggressively"> $2.8M Bet On Repare Therapeutics? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying </a>

Short Ideas

LDOS

Top 4 Industrial Stocks That Could Sink Your Portfolio In November

HNI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNI#NYSE">HNI</a>) reported quarterly adjsuted earnings of $0.93 per share which beat the analyst consensus estimate of $0.63 by 47.62 percent. This is a 30.99 percent increase over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $711.60 million which missed the analyst consensus estimate of $712.89 million by 0.18 percent. This is a 18.84 percent increase over sales of $598.80 million the same period last year.

HNI Q3 Adj EPS $0.93 Beats $0.63 Estimate, Sales $711.60M Miss $712.89M Estimate

HNI Corporation reports mixed Q2 results; issues FY24 soft outlook

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
HNI (NYSE:<a href="https://investorplace.com/stock-quotes/hni-stock-quote/">HNI</a>) just reported results for the second quarter of 2024.<ul><li>HNI reported earnings per share of 79 cents. This was above the analyst estimate for EPS of 61 cents.</li><li>The company reported revenue of $623.70 million.</li><li>This was 2.21% worse than the analyst estimate for revenue of $637.82 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/earning-results/2024/07/hni-stock-earnings-hni-for-q2-of-2024/">HNI Stock Earnings: HNI Beats EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

HNI Stock Earnings: HNI Beats EPS, Misses Revenue for Q2 2024

HNI Corporation (HNI) Q2 2024 Earnings Call Transcript

Earnings drive 3M to top industrial gainer of week, while dragging down Saia

HNI Corporation declares $0.33 dividend

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HNI Corporation Has Carved A Robust Path Despite Challenges

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HNI

HNI (HNI) Forecast

HNI (NYSE:HNI) Stock, Quote.Headers.trade-ideas