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Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
NYSE:HRI

Herc (HRI) Stock Price, News & Analysis

$150.09
-0.68 (-0.45%)
(As of 04/19/2024 ET)
Today's Range
$148.57
$152.27
50-Day Range
$141.20
$170.04
52-Week Range
$93.97
$171.00
Volume
254,081 shs
Average Volume
184,281 shs
Market Capitalization
$4.26 billion
P/E Ratio
12.40
Dividend Yield
1.77%
Price Target
$152.50

Herc MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.6% Upside
$152.50 Price Target
Short Interest
Healthy
1.98% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.90mentions of Herc in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$564,010 Sold Last Quarter
Proj. Earnings Growth
11.62%
From $13.86 to $15.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.67 out of 5 stars

Transportation Sector

51st out of 109 stocks

Miscellaneous Equipment Rental & Leasing Industry

3rd out of 5 stocks

HRI stock logo

About Herc Stock (NYSE:HRI)

Herc Holdings Inc., together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment. The company also sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies; provides repair, maintenance, equipment management, and safety training services, as well as offers ancillary services, such as equipment transport, rental protection, cleaning, refueling, and labor. It serves non-residential and residential construction, specialty trade, restoration, remediation and environment, and facility maintenance contractors; industrial manufacturing industries, including automotive and aerospace, power, metals and mining, agriculture, pulp, paper and wood, food and beverage, and refineries and petrochemical industries; infrastructure and government sectors; and commercial and retail service, hospitality, healthcare, recreation, entertainment production, and special event management customers through its sales team, industry catalogs, as well as through participation and sponsorship of industry events, trade shows, and Internet. As of December 31, 2017, it operated approximately 275 locations in the United States, Canada, China, the United Kingdom, Saudi Arabia, and Qatar. Herc Holdings Inc. is based in Bonita Springs, Florida.

HRI Stock Price History

HRI Stock News Headlines

Herc (HRI) Scheduled to Post Earnings on Tuesday
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HRI Mar 2024 110.000 call
HRI Mar 2024 145.000 call
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/7 Dividend
2/20/2024
Dividend Payable
3/07/2024
Today
4/20/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous equipment rental & leasing
Sub-Industry
N/A
Employees
7,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$152.50
High Stock Price Target
$178.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$347 million
Pretax Margin
13.62%

Debt

Sales & Book Value

Annual Sales
$3.28 billion
Cash Flow
$39.09 per share
Book Value
$44.98 per share

Miscellaneous

Free Float
27,850,000
Market Cap
$4.26 billion
Optionable
Optionable
Beta
2.27
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HRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Herc stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Herc in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRI, but not buy additional shares or sell existing shares.
View HRI analyst ratings
or view top-rated stocks.

What is Herc's stock price target for 2024?

4 brokers have issued twelve-month target prices for Herc's stock. Their HRI share price targets range from $140.00 to $178.00. On average, they anticipate the company's share price to reach $152.50 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for HRI
or view top-rated stocks among Wall Street analysts.

How have HRI shares performed in 2024?

Herc's stock was trading at $148.89 at the beginning of the year. Since then, HRI stock has increased by 0.8% and is now trading at $150.09.
View the best growth stocks for 2024 here
.

Are investors shorting Herc?

Herc saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 549,800 shares, a decline of 18.7% from the March 15th total of 675,900 shares. Based on an average trading volume of 186,800 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.0% of the company's stock are short sold.
View Herc's Short Interest
.

When is Herc's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our HRI earnings forecast
.

How can I listen to Herc's earnings call?

Herc will be holding an earnings conference call on Tuesday, April 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Herc's earnings last quarter?

Herc Holdings Inc. (NYSE:HRI) issued its quarterly earnings results on Tuesday, February, 13th. The transportation company reported $3.24 EPS for the quarter, missing analysts' consensus estimates of $3.29 by $0.05. The transportation company had revenue of $831 million for the quarter, compared to analysts' expectations of $858.06 million. Herc had a trailing twelve-month return on equity of 30.21% and a net margin of 10.58%. The firm's revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $3.44 EPS.

How often does Herc pay dividends? What is the dividend yield for Herc?

Herc declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Wednesday, February 21st will be paid a dividend of $0.665 per share on Thursday, March 7th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Tuesday, February 20th. This is a boost from the stock's previous quarterly dividend of $0.63.
Read our dividend analysis for HRI
.

Is Herc a good dividend stock?

Herc (NYSE:HRI) pays an annual dividend of $2.66 per share and currently has a dividend yield of 1.76%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HRI will have a dividend payout ratio of 17.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HRI.

What is Larry Silber's approval rating as Herc's CEO?

107 employees have rated Herc Chief Executive Officer Larry Silber on Glassdoor.com. Larry Silber has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Herc own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Herc investors own include Hertz Global (HTZ), Energy Transfer (ET), AT&T (T), Advanced Micro Devices (AMD), Cisco Systems (CSCO), NVIDIA (NVDA), Bank of America (BAC), Ford Motor (F), Johnson & Johnson (JNJ) and Pfizer (PFE).

Who are Herc's major shareholders?

Herc's stock is owned by many different retail and institutional investors. Top institutional investors include ARGA Investment Management LP (0.02%), Kovack Advisors Inc. (0.02%), Midwest Financial Group LLC (0.01%), Massmutual Trust Co. FSB ADV (0.00%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Aaron Birnbaum, Carl C Icahn, Christian J Cunningham, James H Browning, Lawrence Harris Silber, Mark Irion and Tamir Peres.
View institutional ownership trends
.

How do I buy shares of Herc?

Shares of HRI 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.
Compare Top Brokerages Here.

This page (NYSE:HRI) was last updated on 4/20/2024 by MarketBeat.com Staff

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