Previous close | 27.58 |
Open | 27.37 |
Bid | 0.00 x 1000 |
Ask | 44.11 x 800 |
Day's range | 27.34 - 27.77 |
52-week range | 24.61 - 39.44 |
Volume | |
Avg. volume | 308,006 |
Market cap | 1.149B |
Beta (5Y monthly) | 0.94 |
PE ratio (TTM) | 9.38 |
EPS (TTM) | 2.94 |
Earnings date | 26 Apr 2023 - 01 May 2023 |
Forward dividend & yield | 1.28 (4.64%) |
Ex-dividend date | 24 Feb 2023 |
1y target est | 35.33 |
Furniture maker HNI (NYSE: HNI) is paying up to acquire Kimball International (NASDAQ: KBAL), and that has shareholders on edge. Shares of Kimball are up more than 80%, and HNI shares are down as much as 17%, as Wall Street digests the particulars of this transaction. It has been a tough year for goods makers, and furniture manufacturers HNI and Kimball are no exceptions.
MUSCATINE, Iowa & JASPER, Ind., March 08, 2023--HNI Corporation (NYSE: HNI) and Kimball International, Inc. (NASDAQ: KBAL) today announced that they have entered into a definitive agreement under which HNI will acquire all the outstanding shares of Kimball International in a cash and stock transaction valued at approximately $485 million.
MUSCATINE, Iowa, February 23, 2023--HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2022