Barrington Research Estimates HireQuest FY2026 Earnings

Key Points

• Barrington Research has lowered its FY2026 earnings estimate for HireQuest to $0.39 per share, down from a previous estimate of $0.49.
• HireQuest reported $0.15 earnings per share for the last quarter, outperforming the consensus estimate of $0.11.
• The company has announced a quarterly dividend of $0.06 per share, with a dividend yield of 2.5%, despite a payout ratio of 133.33%.

HireQuest, Inc. (NASDAQ:HQI - Free Report) - Barrington Research reduced their FY2026 earnings estimates for shares of HireQuest in a research report issued to clients and investors on Thursday, August 28th. Barrington Research analyst K. Steinke now expects that the company will post earnings of $0.39 per share for the year, down from their previous forecast of $0.49. Barrington Research has a "Outperform" rating and a $13.00 price objective on the stock. The consensus estimate for HireQuest's current full-year earnings is $0.28 per share.

HireQuest (NASDAQ:HQI - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.04. The company had revenue of $7.64 million for the quarter, compared to analyst estimates of $7.66 million. HireQuest had a net margin of 7.47% and a return on equity of 13.88%.

HireQuest Stock Performance

Shares of HireQuest stock traded up $0.19 on Friday, reaching $9.76. The company had a trading volume of 3,440 shares, compared to its average volume of 6,882. The firm's 50 day moving average price is $9.91 and its two-hundred day moving average price is $10.94. The firm has a market cap of $137.62 million, a PE ratio of 54.22 and a beta of 1.17. HireQuest has a 52-week low of $8.94 and a 52-week high of $15.75.

Institutional Investors Weigh In On HireQuest

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC increased its stake in HireQuest by 10.4% during the 4th quarter. Barclays PLC now owns 8,651 shares of the company's stock worth $123,000 after buying an additional 814 shares during the period. Wells Fargo & Company MN increased its stake in HireQuest by 36.2% during the 4th quarter. Wells Fargo & Company MN now owns 3,187 shares of the company's stock worth $45,000 after buying an additional 847 shares during the period. Northern Trust Corp increased its stake in HireQuest by 9.0% during the 4th quarter. Northern Trust Corp now owns 53,808 shares of the company's stock worth $762,000 after buying an additional 4,449 shares during the period. Geode Capital Management LLC increased its stake in HireQuest by 4.3% during the 2nd quarter. Geode Capital Management LLC now owns 139,141 shares of the company's stock worth $1,393,000 after buying an additional 5,685 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in HireQuest by 67.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 26,303 shares of the company's stock worth $263,000 after buying an additional 10,627 shares during the period. 12.00% of the stock is owned by hedge funds and other institutional investors.

HireQuest Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, September 1st will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, August 29th. HireQuest's payout ratio is 133.33%.

About HireQuest

HireQuest, Inc provides temporary staffing services in the United States. It offers staffing services, including direct-dispatch, executive search, consultant, unskilled and semi-skilled industrial and construction personnel, clerical and administrative personnel, and permanent placement services, as well as commercial and non-CDL drivers, and skilled personnel in the medical and dental industries.