Herc (HRI) Projected to Post Quarterly Earnings on Tuesday

Herc (NYSE:HRI) is expected to announce its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.7640 per share and revenue of $1.1561 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:30 AM ET.

Herc (NYSE:HRI) last released its quarterly earnings results on Tuesday, April 28th. The transportation company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.42. Herc had a positive return on equity of 10.72% and a negative net margin of 0.11%.The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the firm posted $1.30 earnings per share. Herc’s revenue was up 32.3% compared to the same quarter last year. On average, analysts expect Herc to post $5 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Herc Trading Down 0.6%

NYSE:HRI opened at $162.33 on Friday. Herc has a fifty-two week low of $88.45 and a fifty-two week high of $188.35. The company has a debt-to-equity ratio of 4.24, a current ratio of 1.46 and a quick ratio of 1.46. The stock has a market capitalization of $5.42 billion, a PE ratio of -601.21, a price-to-earnings-growth ratio of 29.52 and a beta of 1.88. The business’s 50-day simple moving average is $142.83 and its 200-day simple moving average is $137.28.

Herc Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Herc’s dividend payout ratio is presently -1,037.04%.

Institutional Investors Weigh In On Herc

A number of hedge funds and other institutional investors have recently bought and sold shares of HRI. Freestone Grove Partners LP lifted its stake in Herc by 667.9% in the 4th quarter. Freestone Grove Partners LP now owns 573,149 shares of the transportation company’s stock valued at $85,044,000 after acquiring an additional 498,511 shares in the last quarter. Invesco Ltd. grew its stake in shares of Herc by 11.2% during the 3rd quarter. Invesco Ltd. now owns 4,123,437 shares of the transportation company’s stock worth $481,040,000 after acquiring an additional 413,719 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Herc by 305.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 425,582 shares of the transportation company’s stock valued at $63,148,000 after purchasing an additional 320,649 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Herc by 233.1% in the third quarter. Marshall Wace LLP now owns 420,512 shares of the transportation company’s stock valued at $49,057,000 after purchasing an additional 294,265 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Herc by 3,306.3% in the third quarter. Ameriprise Financial Inc. now owns 292,328 shares of the transportation company’s stock worth $34,106,000 after purchasing an additional 283,746 shares in the last quarter. Institutional investors and hedge funds own 93.11% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on HRI. JPMorgan Chase & Co. raised their target price on shares of Herc from $140.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Citigroup upped their price target on shares of Herc from $155.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. BNP Paribas Exane assumed coverage on shares of Herc in a research report on Monday, June 29th. They set a “neutral” rating and a $160.00 price objective for the company. Zacks Research upgraded shares of Herc from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. Finally, Wells Fargo & Company boosted their price objective on shares of Herc from $160.00 to $176.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $173.43.

Herc Company Profile

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.