HNI is a provider of workplace furnishings and residential building products. Workplace furnishings include furniture systems, seating, storage, tables, and architectural products. Co. designs, manufactures, and markets a range of workplace furnishings. Co. provides a line of office panel system products, benching, tables, architectural products, storage, and social collaborative products. Residential building products include a range of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings, and accessories. Co. is a manufacturer and marketer of prefabricated fireplaces, hearth stoves, and related products. These products are primarily for the home. We show 51 historical shares outstanding datapoints in our HNI shares outstanding history coverage, used to compute HNI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HNI market cap history over the course of time is important for investors
interested in comparing HNI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HNI versus a peer is one thing; comparing
HNI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HNI can fluctuate over the course of history.
With this page we aim to empower investors researching HNI by allowing them to research the HNI market cap history. |
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Video: The Importance of Market Cap
