HireQuest (HQI) Stock Price, News & Analysis

Company Overview

HireQuest, Inc. is a full-service equipment rental company specializing in the rental and sale of a wide array of industrial and construction equipment. The company’s rental fleet includes air compressors, dewatering pumps, power generators, HVAC units, aerial lifts, light towers, trench safety solutions and general tools. These products are deployed to support customers in construction, municipal, industrial maintenance, energy, events and disaster recovery markets. In addition to its core rental offerings, HireQuest’s sales division provides used equipment and comprehensive maintenance services to maximize uptime and asset utilization for its clients.

Founded in 2012 and headquartered in Tampa, Florida, HireQuest has expanded through a combination of organic growth and strategic acquisitions. The company operates a network of branches across the Southeast, Southwest and Mid-Atlantic regions of the United States, with locations in Texas, Florida, Georgia, Alabama, North Carolina, Virginia and Pennsylvania. By maintaining localized service centers, HireQuest delivers rapid response times, dedicated on-site technicians and tailored rental programs that address regional market requirements. Its geographic footprint supports projects from small residential jobs to large infrastructure and industrial developments.

HireQuest’s leadership team comprises industry veterans with deep expertise in equipment rental, operations management and service engineering. The executive management group oversees fleet maintenance, real estate, finance and customer support, while a board of directors with backgrounds in construction, energy and industrial distribution provides governance and strategic oversight. This combination of seasoned operational leaders and governance professionals has guided HireQuest through multiple growth phases, helping to drive profitability, operational efficiency and safety performance.

Looking ahead, HireQuest continues to invest in its rental fleet, digital customer platforms and safety programs to enhance service delivery and customer satisfaction. The company is focused on leveraging technology for online reservations, real-time equipment tracking and preventive maintenance scheduling, positioning itself to capture market share in the highly fragmented equipment rental industry. Through ongoing branch expansion and selective bolt-on acquisitions, HireQuest seeks to build on its foundation of reliability, responsiveness and value-added service.

Key Stats

• Today's Range: $10.00 to $10.66
• 50-Day Range: $9.20 to $10.43
• 52-Week Range: $9.04 to $15.75
• Volume: 26,209 shs
• Average Volume: 15,434 shs
• Market Capitalization: $147 million
• P/E Ratio: 42.00
• Dividend Yield: 2.29%
• Price Target: $16.00
• Consensus Rating: Buy

HireQuest Stock Analysis - MarketRank™

HireQuest scored higher than 65% of companies evaluated by MarketBeat, and ranked 154th out of 303 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

HireQuest has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

HireQuest has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 196.43%

Earnings Growth

Earnings for HireQuest are expected to grow by 196.43% in the coming year, from $0.28 to $0.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of HireQuest is 42.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of HireQuest is 42.00, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.10.

Price to Book Value per Share Ratio

HireQuest has a P/B Ratio of 2.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.93% of the float of HireQuest has been sold short.

Short Interest Ratio / Days to Cover

HireQuest has a short interest ratio ("days to cover") of 14.5, which indicates bearish sentiment.

Change versus previous month

Short interest in HireQuest has recently increased by 2.75%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

HireQuest pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

HireQuest does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of HireQuest is 96.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, HireQuest will have a dividend payout ratio of 28.92% next year. This indicates that HireQuest will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.93% of the float of HireQuest has been sold short.

Short Interest Ratio / Days to Cover

HireQuest has a short interest ratio ("days to cover") of 14.5, which indicates bearish sentiment.

Change versus previous month

Short interest in HireQuest has recently increased by 2.75%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, HireQuest insiders have not sold or bought any company stock.

Percentage Held by Insiders

43.50% of the stock of HireQuest is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 12.00% of the stock of HireQuest is held by institutions.

HQI Stock Analysis - Frequently Asked Questions

How have HQI shares performed this year?

HireQuest's stock was trading at $14.16 on January 1st, 2025. Since then, HQI stock has decreased by 25.8% and is now trading at $10.50.

How were HireQuest's earnings last quarter?

HireQuest, Inc. (NASDAQ:HQI) announced its quarterly earnings data on Thursday, May, 8th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by $0.04. The firm earned $7.47 million during the quarter, compared to the consensus estimate of $8.03 million. HireQuest had a net margin of 10.15% and a trailing twelve-month return on equity of 13.80%.
Read the conference call transcript.

How do I buy shares of HireQuest?

Shares of HQI 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.

What other stocks do shareholders of HireQuest own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HireQuest investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Palo Alto Networks (PANW), Tesla (TSLA) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 5/08/2025
• Record date for 6/16 Dividend: 6/02/2025
• Ex-Dividend for 6/16 Dividend: 6/02/2025
• Dividend Payable: 6/16/2025
• Today: 7/22/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Staffing
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:HQI
• CIK: 1140102
• Web: www.hirequest.com
• Phone: (843) 723-7400
• Fax: 208-773-7467
• Employees: 65,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for HireQuest: $16.00
• High Price Target: $19.00
• Low Price Target: $13.00
• Potential Upside/Downside: +52.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.25
• Trailing P/E Ratio: 42.00
• Forward P/E Ratio: 37.50
• P/E Growth: N/A
• Net Income: $3.67 million
• Net Margins: 10.15%
• Pretax Margin: 11.05%
• Return on Equity: 13.80%
• Return on Assets: 8.97%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.18
• Quick Ratio: 2.18

Sales & Book Value

• Annual Sales: $34.60 million
• Price / Sales: 4.25
• Cash Flow: $1.43 per share
• Price / Cash Flow: 7.33
• Book Value: $4.63 per share
• Price / Book: 2.27

Miscellaneous

• Outstanding Shares: 14,000,000
• Free Float: 7,910,000
• Market Cap: $147 million
• Optionable: Not Optionable
• Beta: 1.19