H&E Equipment Services (HEES) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HEES shares.
View HEES analyst ratings or view top-rated stocks.

4 brokers have issued 12-month price targets for H&E Equipment Services' shares. Their HEES share price forecasts range from $46.00 to $64.00. On average, they expect the company's share price to reach $54.75 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price.
View analysts price targets for HEES or view top-rated stocks among Wall Street analysts.

H&E Equipment Services' stock was trading at $45.40 at the beginning of 2023. Since then, HEES shares have decreased by 5.0% and is now trading at $43.14.
View the best growth stocks for 2023 here.

H&E Equipment Services saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 616,400 shares, a drop of 26.9% from the April 30th total of 843,500 shares. Based on an average trading volume of 309,500 shares, the short-interest ratio is presently 2.0 days. Currently, 1.9% of the shares of the company are sold short.
View H&E Equipment Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our HEES earnings forecast.

H&E Equipment Services, Inc. (NASDAQ:HEES) posted its quarterly earnings results on Thursday, April, 27th. The industrial products company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.60 by $0.11. The industrial products company had revenue of $322.50 million for the quarter, compared to analyst estimates of $307.11 million. H&E Equipment Services had a net margin of 10.93% and a trailing twelve-month return on equity of 38.04%. The company's revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 EPS.

H&E Equipment Services announced a quarterly dividend on Friday, May 12th. Investors of record on Thursday, May 25th will be paid a dividend of $0.275 per share on Friday, June 9th. This represents a $1.10 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Wednesday, May 24th.
Read our dividend analysis for HEES.

ETFs with the largest weight of H&E Equipment Services (NASDAQ:HEES) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), iShares U.S. Infrastructure ETF (IFRA), Invesco DWA SmallCap Momentum ETF (DWAS), Avantis U.S. Small Cap Value ETF (AVUV), Small Cap US Equity Select ETF (RNSC),

H&E Equipment Services (NASDAQ:HEES) pays an annual dividend of $1.10 per share and currently has a dividend yield of 2.83%. The dividend payout ratio is 28.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 25.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HEES.

52 employees have rated H&E Equipment Services Chief Executive Officer John M. Engquist on Glassdoor.com. John M. Engquist has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other H&E Equipment Services investors own include Energy Transfer (ET), Ford Motor (F), AT&T (T), Pfizer (PFE), CBL & Associates Properties (CBL), AbbVie (ABBV), Broadcom (AVGO), The Carlyle Group (CG), Cornerstone Total Return Fund (CRF) and Martin Midstream Partners (MMLP).

H&E Equipment Services trades on the NASDAQ under the ticker symbol "HEES."

H&E Equipment Services' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.94%), Clearbridge Investments LLC (6.88%), Macquarie Group Ltd. (4.23%), Macquarie Group Ltd. (4.23%), American Century Companies Inc. (3.89%) and Dimensional Fund Advisors LP (3.46%). Insiders that own company stock include Bradley W Barber, Gary W Bagley, John Mcdowell Engquist, Patrick Edsell and Paul Arnold.
View institutional ownership trends.

Shares of HEES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HEES stock can currently be purchased for approximately $43.14.

H&E Equipment Services (NASDAQ:HEES) has a market capitalization of $1.57 billion and generates $1.24 billion in revenue each year. The industrial products company earns $132.17 million in net income (profit) each year or $3.89 on an earnings per share basis.

The company employs 2,375 workers across the globe.

H&E Equipment Services' mailing address is 7500 PECUE LANE, BATON ROUGE LA, 70809. The official website for the company is www.he-equipment.com. The industrial products company can be reached via phone at (225) 298-5200, via email at kinda@he-equipment.com, or via fax at 225-298-5308.