As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of HNI Corporation (NYSE:HNI), it is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on HNI here.
Established dividend payer with adequate balance sheet
HNI is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that HNI has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. HNI seems to have put its debt to good use, generating operating cash levels of 0.76x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
HNI is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
For HNI, I’ve compiled three essential aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for HNI’s future growth? Take a look at our free research report of analyst consensus for HNI’s outlook.
- Historical Performance: What has HNI’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HNI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at email@example.com.