H&E Equipment Services (HEES) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HEES shares.
View HEES analyst ratings or view top-rated stocks.

3 analysts have issued 1 year price objectives for H&E Equipment Services' stock. Their HEES share price targets range from $61.00 to $69.00. On average, they predict the company's stock price to reach $64.33 in the next year. This suggests a possible upside of 10.9% from the stock's current price.
View analysts price targets for HEES or view top-rated stocks among Wall Street analysts.

H&E Equipment Services' stock was trading at $52.32 at the beginning of the year. Since then, HEES stock has increased by 10.9% and is now trading at $58.02.
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H&E Equipment Services saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 584,000 shares, a decrease of 20.1% from the March 15th total of 730,800 shares. Based on an average daily trading volume, of 217,400 shares, the short-interest ratio is currently 2.7 days. Approximately 1.8% of the shares of the company are short sold.
View H&E Equipment Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our HEES earnings forecast.

H&E Equipment Services, Inc. (NASDAQ:HEES) posted its quarterly earnings data on Thursday, February, 22nd. The industrial products company reported $1.47 EPS for the quarter, topping analysts' consensus estimates of $1.22 by $0.25. The industrial products company earned $385.80 million during the quarter, compared to the consensus estimate of $382.58 million. H&E Equipment Services had a trailing twelve-month return on equity of 36.72% and a net margin of 11.52%. The business's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the company earned $1.41 earnings per share.

H&E Equipment Services announced a quarterly dividend on Friday, February 9th. Stockholders of record on Friday, February 23rd will be paid a dividend of $0.275 per share on Friday, March 15th. This represents a $1.10 annualized dividend and a yield of 1.90%. The ex-dividend date is Thursday, February 22nd.
Read our dividend analysis for HEES.

H&E Equipment Services (NASDAQ:HEES) pays an annual dividend of $1.10 per share and currently has a dividend yield of 1.87%. The dividend payout ratio is 23.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 19.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HEES.

ETFs with the largest weight of H&E Equipment Services (NASDAQ:HEES) stock in their portfolio include Invesco Dorsey Wright Industrials Momentum ETF (PRN) and iShares U.S. Infrastructure ETF (IFRA).First Trust Small Cap US Equity Select ETF (RNSC).

52 employees have rated H&E Equipment Services Chief Executive Officer John M. Engquist on Glassdoor.com. John M. Engquist has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other H&E Equipment Services investors own include Energy Transfer (ET), Ford Motor (F), AT&T (T), Pfizer (PFE), CBL & Associates Properties (CBL), AbbVie (ABBV), Broadcom (AVGO), The Carlyle Group (CG), Cornerstone Total Return Fund (CRF) and Martin Midstream Partners (MMLP).

H&E Equipment Services' stock is owned by a number of retail and institutional investors. Top institutional investors include Harbour Capital Advisors LLC (0.07%), BTC Capital Management Inc. (0.03%) and Diversified Trust Co (0.03%). Insiders that own company stock include Bradley W Barber, Gary W Bagley, John Mcdowell Engquist, Lawrence C Karlson, Patrick Edsell and Paul Arnold.
View institutional ownership trends.

Shares of HEES 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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