Herc (HRI) Stock Price, News & Analysis

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Herc in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRI, but not buy additional shares or sell existing shares.
View HRI analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month target prices for Herc's stock. Their HRI share price targets range from $140.00 to $178.00. On average, they expect the company's stock price to reach $152.50 in the next year. This suggests that the stock has a possible downside of 0.1%.
View analysts price targets for HRI or view top-rated stocks among Wall Street analysts.

Herc's stock was trading at $148.89 at the start of the year. Since then, HRI stock has increased by 2.5% and is now trading at $152.63.
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Herc saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 549,800 shares, a decline of 18.7% from the March 15th total of 675,900 shares. Based on an average trading volume of 186,800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.0% of the shares of the company are sold short.
View Herc's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our HRI earnings forecast.

Herc will be holding an earnings conference call on Tuesday, April 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Herc Holdings Inc. (NYSE:HRI) released its earnings results on Tuesday, February, 13th. The transportation company reported $3.24 EPS for the quarter, missing the consensus estimate of $3.29 by $0.05. The transportation company earned $831 million during the quarter, compared to analyst estimates of $858.06 million. Herc had a net margin of 10.58% and a trailing twelve-month return on equity of 30.21%. Herc's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.44 earnings per share.

Herc declared a quarterly dividend on Wednesday, February 7th. Stockholders of record on Wednesday, February 21st will be paid a dividend of $0.665 per share on Thursday, March 7th. This represents a $2.66 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Tuesday, February 20th. This is a boost from the stock's previous quarterly dividend of $0.63.
Read our dividend analysis for HRI.

Herc (NYSE:HRI) pays an annual dividend of $2.66 per share and currently has a dividend yield of 1.68%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HRI will have a dividend payout ratio of 17.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HRI.

ETFs with the largest weight of Herc (NYSE:HRI) stock in their portfolio include Tema American Reshoring ETF (RSHO), Invesco Dorsey Wright Industrials Momentum ETF (PRN), Janus Henderson Small Cap Growth Alpha ETF (JSML), First Trust Nasdaq Transportation ETF (FTXR), First Trust Mid Cap Growth AlphaDEX Fund (FNY) and Avantis U.S. Small Cap Value ETF (AVUV).Amplify Etho Climate Leadership U.S. ETF (ETHO) and

107 employees have rated Herc Chief Executive Officer Larry Silber on Glassdoor.com. Larry Silber has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Herc investors own include Hertz Global (HTZ), Energy Transfer (ET), AT&T (T), Advanced Micro Devices (AMD), Cisco Systems (CSCO), NVIDIA (NVDA), Bank of America (BAC), Ford Motor (F), Johnson & Johnson (JNJ) and Pfizer (PFE).

Herc's stock is owned by a number of institutional and retail investors. Top institutional shareholders include ARGA Investment Management LP (0.02%), Midwest Financial Group LLC (0.01%) and Massmutual Trust Co. FSB ADV (0.00%). Insiders that own company stock include Aaron Birnbaum, Carl C Icahn, Christian J Cunningham, James H Browning, Lawrence Harris Silber, Mark Irion and Tamir Peres.
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Shares of HRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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