Herc (HRI) Projected to Release Quarterly Earnings on Tuesday

Key Points

• Herc is expected to report Q3 2026 results before the market opens on October 27. Analysts forecast earnings of $2.92 per share on $1.35 billion in revenue, with the earnings call scheduled for 8:30 a.m. ET.
• In its prior quarter, Herc reported $1.43 in EPS and $1.20 billion in revenue, beating analyst estimates, while revenue increased 20.2% year over year.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $174.86. Herc also pays a quarterly dividend of $0.70 per share, although its 190.48% payout ratio is elevated.

Herc (NYSE:HRI - Get Free Report) is anticipated to issue its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Herc to announce earnings of $2.92 per share and revenue of $1.35 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:30 AM ET.

Herc (NYSE:HRI - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.43 EPS for the quarter, beating the consensus estimate of $0.76 by $0.67. The business had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.16 billion. Herc had a net margin of 1.01% and a return on equity of 10.33%. Herc's revenue was up 20.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.87 earnings per share. On average, analysts expect Herc to post $7.05 EPS for the current fiscal year and $10.68 EPS for the next fiscal year.

Herc Stock Performance

Shares of Herc stock opened at $124.60 on Tuesday. The company has a debt-to-equity ratio of 4.22, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market cap of $4.17 billion, a P/E ratio of 84.76 and a beta of 2.04. The firm has a 50 day simple moving average of $142.99 and a 200 day simple moving average of $138.42. Herc has a fifty-two week low of $88.45 and a fifty-two week high of $188.35.

Herc Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $2.80 annualized dividend and a yield of 2.2%. Herc's dividend payout ratio is currently 190.48%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Weiss Ratings upgraded Herc from a "sell (d+)" rating to a "hold (c)" rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. raised Herc from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $165.00 to $175.00 in a research note on Thursday, September 10th. BNP Paribas Exane boosted their target price on Herc from $160.00 to $165.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Zacks Research upgraded Herc from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 14th. Finally, Wells Fargo & Company cut their price target on Herc from $218.00 to $176.00 and set an "overweight" rating on the stock in a research note on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $174.86.

Herc Company Profile

Herc Holdings Inc, operating primarily through the Herc Rentals brand, is an equipment rental supplier serving construction, industrial, commercial and government customers. The company provides access to equipment and related services intended to help customers complete projects without purchasing and maintaining their own fleets.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, trucks and trailers, power generation and climate-control equipment, pumps, and general tools.

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