HireQuest (HQI) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HireQuest in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" HQI shares.
View HQI analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year price objectives for HireQuest's shares. Their HQI share price forecasts range from $26.00 to $28.00. On average, they predict the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 77.7% from the stock's current price.
View analysts price targets for HQI or view top-rated stocks among Wall Street analysts.

HireQuest's stock was trading at $15.81 at the beginning of 2023. Since then, HQI shares have decreased by 3.9% and is now trading at $15.19.
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HireQuest saw a drop in short interest in September. As of September 15th, there was short interest totaling 172,400 shares, a drop of 12.1% from the August 31st total of 196,200 shares. Based on an average daily volume of 27,200 shares, the short-interest ratio is presently 6.3 days. Currently, 3.3% of the company's shares are sold short.
View HireQuest's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our HQI earnings forecast.

HireQuest, Inc. (NASDAQ:HQI) released its quarterly earnings results on Thursday, August, 10th. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.11. The company earned $8.99 million during the quarter, compared to analysts' expectations of $10.34 million. HireQuest had a trailing twelve-month return on equity of 18.87% and a net margin of 32.00%.

HireQuest declared a quarterly dividend on Tuesday, August 15th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.06 per share on Friday, September 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for HQI.

AdvisorShares Dorsey Wright Micro-Cap ETF holds 1,353 shares of HQI stock, representing 0.66% of its portfolio.

HireQuest (NASDAQ:HQI) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.56%. The dividend payout ratio is 28.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HQI will have a dividend payout ratio of 30.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HQI.

HireQuest trades on the NASDAQ under the ticker symbol "HQI."

Shares of HQI 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 HQI stock can currently be purchased for approximately $15.19.

HireQuest (NASDAQ:HQI) has a market capitalization of $211.14 million and generates $30.95 million in revenue each year. The company earns $12.46 million in net income (profit) each year or $0.85 on an earnings per share basis.

The company employs 82,000 workers across the globe.

HireQuest's mailing address is 111 SPRINGHALL DRIVE, GOOSE CREEK SC, 29445. The official website for the company is www.hirequest.com. The company can be reached via phone at (843) 723-7400, via email at brett@haydenir.com, or via fax at 208-773-7467.