11 Best Mid-Cap Value Stocks to Buy According to Analysts

4. HNI Corp. (NYSE:HNI)

Fwd. P/E: 13.0

Potential Upside: 39%

Number of Hedge Fund Holders: 12

HNI Corp. (NYSE:HNI) is a manufacturer of office furniture and hearth products. The company’s portfolio includes well-known brands like HON, Allsteel, and Kimball, offering a diverse range of products for both commercial and residential markets.

HNI Corp. (NYSE:HNI)’s diverse product offerings, strong brand portfolio, the scale and capability of its manufacturing, and strong distribution network provide a solid foundation for growth. It boasts of average free cash flow per share continuously exceeding adjusted EPS over the last two decades. It has also paid dividends for the last 68 years. That said, in recent quarters, the company has seen headwinds in its Residential Building Products segment due to challenging housing market. Despite this, it posted a 15% year-over-year growth in its EPS for 2024, which was the third straight year of double-digit earnings growth.

While HNI Corp. (NYSE:HNI) expects demand volatility in 2025 due to elevated interest rates, tariff uncertainty and weaker consumer sentiment, it guided for low-to-mid single digit revenue growth in both its segments and a robust double-digit EPS growth in 2025. The company’s progress on its profit transformation plan, incoming synergies from recent acquisitions, and productivity and network optimization would support earnings growth.