Q1 Earnings Estimate for Herc Issued By KeyCorp (NYSE:HRI)

Herc Holdings Inc. (NYSE:HRI) – Analysts at KeyCorp reduced their Q1 2026 EPS estimates for Herc in a research note issued to investors on Tuesday, February 17th. KeyCorp analyst K. Newman now anticipates that the transportation company will post earnings per share of $0.86 for the quarter, down from their previous forecast of $1.06. KeyCorp currently has a “Overweight” rating and a $190.00 price target on the stock. The consensus estimate for Herc’s current full-year earnings is $12.84 per share. KeyCorp also issued estimates for Herc’s Q3 2026 earnings at $2.85 EPS, Q4 2026 earnings at $2.47 EPS and FY2026 earnings at $7.96 EPS.

Herc (NYSE:HRI) last issued its earnings results on Tuesday, February 17th. The transportation company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.87 by $0.20. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.25 billion. Herc had a return on equity of 13.21% and a net margin of 0.02%.The company’s revenue was up 27.1% compared to the same quarter last year. During the same period last year, the business posted $3.58 EPS.

A number of other equities analysts also recently issued reports on the stock. Citigroup dropped their price objective on shares of Herc from $195.00 to $185.00 and set a “buy” rating on the stock in a report on Thursday. JPMorgan Chase & Co. boosted their price objective on shares of Herc from $150.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Barclays raised their target price on Herc from $160.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Wells Fargo & Company boosted their price target on Herc from $170.00 to $189.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Finally, Wall Street Zen upgraded Herc from a “sell” rating to a “hold” rating in a research report on Sunday, November 2nd. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Herc currently has a consensus rating of “Moderate Buy” and an average price target of $178.29.

Herc Price Performance

Shares of HRI opened at $152.79 on Friday. The firm has a fifty day simple moving average of $159.79 and a two-hundred day simple moving average of $140.17. The firm has a market cap of $5.10 billion, a PE ratio of -848.84, a P/E/G ratio of 20.85 and a beta of 1.77. The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 4.17. Herc has a 1-year low of $96.18 and a 1-year high of $188.35.

Herc Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be paid a $0.70 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $2.80 annualized dividend and a yield of 1.8%. Herc’s payout ratio is presently -111.11%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Invesco Ltd. lifted its position in shares of Herc by 11.2% in the third quarter. Invesco Ltd. now owns 4,123,437 shares of the transportation company’s stock worth $481,040,000 after buying an additional 413,719 shares in the last quarter. Norges Bank bought a new stake in Herc in the 4th quarter worth approximately $287,269,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Herc by 86,823.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,335,138 shares of the transportation company’s stock worth $198,108,000 after acquiring an additional 1,333,602 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Herc by 8.1% during the 3rd quarter. American Century Companies Inc. now owns 1,301,975 shares of the transportation company’s stock valued at $151,889,000 after acquiring an additional 97,235 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its holdings in shares of Herc by 2.4% in the second quarter. Gamco Investors INC. ET AL now owns 1,113,836 shares of the transportation company’s stock valued at $146,681,000 after purchasing an additional 25,634 shares in the last quarter. Hedge funds and other institutional investors own 93.11% of the company’s stock.

Key Headlines Impacting Herc

Here are the key news stories impacting Herc this week:

• Positive Sentiment: KeyCorp kept an Overweight rating and a $190 price target and slightly raised its Q4 2026 EPS estimate — that endorsement and target above current levels supports investor optimism. MarketBeat HRI
• Positive Sentiment: Market coverage noted HRI among stocks trading up today, which can drive short‑term momentum and higher intraday volume. Yahoo Finance: WillScot Mobile Mini, Sterling, Herc…
• Neutral Sentiment: Herc presented at Citi’s Global Industrial Tech & Mobility Conference — the transcript increases investor access to management commentary and strategy, which is useful but not an immediate earnings driver. Seeking Alpha transcript
• Negative Sentiment: KeyCorp cut near‑term and full‑year 2026 EPS forecasts (Q1, Q3 and FY reductions) even as it raised Q4 — lower near‑term estimates could pressure expectations if the business mix or seasonality is weaker than hoped. MarketBeat HRI
• Negative Sentiment: Several brokers trimmed price targets recently (Citigroup to $185 and Robert W. Baird reduced its target as well), signaling some analyst caution despite buy ratings — these cuts temper upside for the stock. Benzinga / Citigroup note AmericanBankingNews: Baird

About Herc

Herc Holdings Inc (NYSE: HRI) operates as a leading equipment rental provider in North America, offering a wide range of machinery and support services to construction, industrial, government and event sectors. The company’s fleet includes aerial work platforms, earthmoving equipment, material handling solutions, power generation units and specialty tools, enabling clients to scale their operations without the capital expense of ownership. In addition to basic machinery rentals, Herc provides value-added services such as equipment maintenance, on-site safety training and project consulting to help customers optimize productivity and maintain compliance with industry standards.

Founded as part of Hertz Global Holdings, the equipment rental business was spun off as an independent public company in early 2016.