HNI
HNI Corporation Consumer Cyclical - Furnishings, Fixtures & Appliances Investor Relations →
HNI Corporation (HNI) closed at $37.44 as of 2026-05-01, trading 2.0% below its 200-week moving average of $38.20. This places HNI in the below line zone. The stock is currently moving closer to the line, down from -1.2% last week. The 14-week RSI sits at 34, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.79 ratio) is neutral — neither side is clearly dominating.
Over the past 2358 weeks of data, HNI has crossed below its 200-week moving average 34 times. On average, these episodes lasted 17 weeks. Historically, investors who bought HNI at the start of these episodes saw an average one-year return of +14.5%.
With a market cap of $2.7 billion, HNI is a mid-cap stock. The company generates a free cash flow yield of 5.8%, which is healthy. Return on equity stands at 4.1%. The stock trades at 1.4x book value.
Share count has increased 72.2% over three years, indicating dilution.
Over the past 33.3 years, a hypothetical investment of $100 in HNI would have grown to $668, compared to $2973 for the S&P 500. HNI has returned 5.9% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 153.5% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: HNI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HNI Crosses Below the Line?
Across 29 historical episodes, buying HNI when it crossed below its 200-week moving average produced an average return of +10.4% after 12 months (median +6.0%), compared to +9.9% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +24.9% vs +17.6% for the index.
Each line shows $100 invested at the moment HNI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HNI has crossed below its 200-week MA 34 times with an average 1-year return of +14.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1982 | Oct 1982 | 41 | 29.8% | +20.8% | +3915.1% |
| Jun 1984 | Aug 1984 | 6 | 11.5% | +11.5% | +3606.3% |
| Aug 1984 | Apr 1985 | 33 | 22.8% | +29.9% | +3654.4% |
| Nov 1988 | Dec 1988 | 4 | 4.1% | +97.0% | +2057.4% |
| Dec 1995 | Apr 1996 | 18 | 17.6% | +42.0% | +612.1% |
| Sep 1999 | Mar 2000 | 28 | 29.9% | +26.6% | +291.8% |
| Jun 2000 | Jul 2000 | 1 | 0.2% | +5.0% | +229.9% |
| Oct 2000 | Nov 2000 | 6 | 10.0% | -8.3% | +222.4% |
| Dec 2000 | Dec 2000 | 1 | 1.8% | +16.8% | +221.7% |
| Feb 2001 | Apr 2001 | 10 | 10.1% | +11.3% | +229.7% |
| Jun 2001 | Jul 2001 | 2 | 1.3% | +14.5% | +214.1% |
| Sep 2001 | Oct 2001 | 8 | 17.3% | +25.3% | +229.3% |
| Jul 2006 | Oct 2006 | 11 | 6.0% | +9.3% | +71.8% |
| Apr 2007 | Apr 2010 | 156 | 77.7% | -44.0% | +62.5% |
| May 2010 | May 2010 | 1 | 0.4% | -0.9% | +127.2% |
| May 2010 | Jun 2010 | 1 | 1.5% | -9.6% | +131.1% |
| Jun 2010 | Sep 2010 | 11 | 10.3% | +2.2% | +136.8% |
| Oct 2010 | Nov 2010 | 3 | 4.1% | +6.1% | +148.1% |
| May 2011 | Jun 2011 | 2 | 4.9% | -0.1% | +155.8% |
| Jul 2011 | Oct 2011 | 13 | 29.2% | +22.9% | +162.2% |
| Nov 2011 | Nov 2011 | 1 | 2.9% | +41.1% | +176.0% |
| May 2012 | May 2012 | 1 | 0.4% | +73.1% | +162.2% |
| Dec 2015 | Mar 2016 | 11 | 14.4% | +59.0% | +44.5% |
| Oct 2016 | Oct 2016 | 2 | 4.7% | +11.0% | +33.1% |
| Jun 2017 | Sep 2017 | 16 | 16.0% | -1.2% | +27.8% |
| Oct 2017 | Jul 2018 | 39 | 19.7% | +9.4% | +39.0% |
| Oct 2018 | Feb 2019 | 18 | 15.0% | -3.8% | +26.2% |
| Feb 2019 | Oct 2019 | 34 | 20.6% | -11.5% | +24.1% |
| Dec 2019 | Oct 2020 | 42 | 43.2% | -3.9% | +21.9% |
| Oct 2020 | Nov 2020 | 2 | 5.8% | +18.6% | +38.0% |
| Jan 2021 | Feb 2021 | 3 | 4.6% | +28.8% | +32.6% |
| Jun 2022 | Jun 2022 | 1 | 1.9% | -16.8% | +26.4% |
| Aug 2022 | Sep 2023 | 55 | 22.3% | -4.5% | +26.4% |
| Mar 2026 | Ongoing | 7+ | 14.7% | Ongoing | +10.2% |
| Average | 17 | — | +14.5% | — |
Frequently Asked Questions
Is HNI below its 200-week moving average?
Yes. As of 2026-05-01, HNI Corporation (HNI) is trading 2.0% below its 200-week moving average of $38.20. The current price is $37.44.
What is HNI's 200-week moving average price?
HNI Corporation's 200-week moving average is $38.20 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when HNI drops below its 200-week moving average?
HNI has crossed below its 200-week moving average 34 times in our data. On average, buying at that moment produced a one-year return of +14.5%. These dips have historically been decent entry points. These episodes lasted 17 weeks on average.
Is HNI a good value right now?
Here's what our data says about HNI as of 2026-05-01: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 34. Free cash flow yield is 5.8%. Return on equity is 4.1%. Price-to-book is 1.4x. This is not a buy or sell recommendation — always do your own research.
How does HNI compare to the S&P 500?
Over the past 33.3 years, $100 invested in HNI would have grown to $668, compared to $2973 for the S&P 500. That's 5.9% annualized vs 10.7% for the index. HNI has underperformed the broader market over this period.
Does HNI pay a dividend?
Yes. HNI Corporation currently pays a dividend yield of 363.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01