Robert Half FY2026 EPS Estimate Lowered by William Blair

Key Points

• William Blair has lowered its FY2026 earnings per share estimate for Robert Half from $2.61 to $2.09, which is below the consensus estimate of $2.48 per share.
• Robert Half's recent quarterly earnings reported a net earnings of $0.41 per share, beating analyst expectations, but revenue decreased by 7.0% compared to the previous year.
• The company announced a quarterly dividend of $0.59 per share with an annualized yield of 5.93% and a payout ratio of 134.86%.

Robert Half Inc. (NYSE:RHI - Free Report) - Research analysts at William Blair dropped their FY2026 earnings estimates for shares of Robert Half in a research report issued on Thursday, July 24th. William Blair analyst T. Romeo now anticipates that the business services provider will earn $2.09 per share for the year, down from their previous estimate of $2.61. The consensus estimate for Robert Half's current full-year earnings is $2.48 per share. William Blair also issued estimates for Robert Half's FY2027 earnings at $2.92 EPS.

Robert Half (NYSE:RHI - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The business had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.35 billion. Robert Half had a net margin of 3.20% and a return on equity of 13.00%. The company's revenue was down 7.0% compared to the same quarter last year. During the same period last year, the business earned $0.66 EPS.

Other analysts also recently issued research reports about the stock. BNP Paribas Exane downgraded shares of Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price for the company. in a report on Friday, May 2nd. BNP Paribas lowered shares of Robert Half from an "outperform" rating to a "neutral" rating and set a $45.00 target price on the stock. in a research report on Friday, May 2nd. JPMorgan Chase & Co. reduced their target price on Robert Half from $47.00 to $45.00 and set a "neutral" rating for the company in a report on Thursday, July 24th. Truist Financial set a $55.00 target price on Robert Half and gave the company a "buy" rating in a report on Thursday, April 24th. Finally, The Goldman Sachs Group cut their price target on Robert Half from $46.00 to $40.00 and set a "sell" rating for the company in a research note on Thursday, April 24th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $45.83.

Robert Half Stock Down 1.9%

Shares of Robert Half stock traded down $0.72 during trading hours on Monday, reaching $37.67. 840,918 shares of the company's stock were exchanged, compared to its average volume of 1,686,388. Robert Half has a 1 year low of $37.66 and a 1 year high of $78.41. The business has a fifty day moving average of $42.73 and a two-hundred day moving average of $50.74. The company has a market capitalization of $3.85 billion, a P/E ratio of 21.70 and a beta of 1.00.

Robert Half Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 23rd were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date was Friday, May 23rd. Robert Half's dividend payout ratio (DPR) is presently 134.86%.

Hedge Funds Weigh In On Robert Half

A number of institutional investors and hedge funds have recently bought and sold shares of RHI. Quadrant Capital Group LLC boosted its holdings in shares of Robert Half by 11.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,155 shares of the business services provider's stock valued at $152,000 after acquiring an additional 218 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in Robert Half by 39.3% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 780 shares of the business services provider's stock valued at $55,000 after purchasing an additional 220 shares in the last quarter. Manchester Capital Management LLC grew its stake in shares of Robert Half by 45.0% during the first quarter. Manchester Capital Management LLC now owns 825 shares of the business services provider's stock valued at $45,000 after buying an additional 256 shares during the last quarter. Strengthening Families & Communities LLC grew its stake in shares of Robert Half by 11.9% in the second quarter. Strengthening Families & Communities LLC now owns 2,479 shares of the business services provider's stock worth $102,000 after purchasing an additional 263 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of Robert Half by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 44,483 shares of the business services provider's stock valued at $3,134,000 after purchasing an additional 280 shares during the last quarter. Institutional investors and hedge funds own 92.41% of the company's stock.

Robert Half Company Profile

Robert Half Inc provides talent solutions and business consulting services in North America, South America, Europe, Asia, and Australia. The company operates through Contract Talent Solutions, Permanent Placement Talent Solutions, and Protiviti segments. The Contract Talent Solutions segment provides contract engagement professionals in the fields of finance and accounting, technology, marketing and creative, legal and administrative, and customer support.