Robert Half Stock Price, News & Analysis (NYSE:RHI)

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Robert Half in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" RHI shares.
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6 Wall Street research analysts have issued 1 year target prices for Robert Half's shares. Their RHI share price targets range from $53.00 to $82.00. On average, they predict the company's stock price to reach $68.63 in the next twelve months. This suggests that the stock has a possible downside of 17.4%.
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Robert Half's stock was trading at $73.83 at the start of the year. Since then, RHI stock has increased by 12.5% and is now trading at $83.09.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
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Robert Half Inc. (NYSE:RHI) released its quarterly earnings data on Tuesday, October, 24th. The business services provider reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.09. The business services provider earned $1.56 billion during the quarter, compared to analyst estimates of $1.54 billion. Robert Half had a trailing twelve-month return on equity of 29.60% and a net margin of 7.09%. Robert Half's revenue was down 14.7% compared to the same quarter last year. During the same period last year, the business posted $1.53 EPS.
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Robert Half announced a quarterly dividend on Monday, October 30th. Investors of record on Friday, November 24th will be paid a dividend of $0.48 per share on Friday, December 15th. This represents a $1.92 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Wednesday, November 22nd.
Read our dividend analysis for RHI.

Robert Half (NYSE:RHI) pays an annual dividend of $1.92 per share and currently has a dividend yield of 2.31%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RHI will have a dividend payout ratio of 50.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RHI.

ETFs with the largest weight of Robert Half (NYSE:RHI) stock in their portfolio include Adaptive Core ETF (RULE), The Acquirers Fund (ZIG), Formidable Fortress ETF (KONG), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Nuveen ESG Mid-Cap Growth ETF (NUMG), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Invesco S&P 500 Equal Weight Industrials ETF (RGI) and First Trust Industrials/Producer Durables AlphaDEX Fund (FXR).

Robert Half declared that its Board of Directors has authorized a share repurchase plan on Thursday, February 9th 2023, which permits the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

Robert Half updated its fourth quarter 2023 earnings guidance on Wednesday, October, 25th. The company provided earnings per share guidance of $0.75-$0.89 for the period, compared to the consensus EPS estimate of $0.78. The company issued revenue guidance of $1.42 billion-$1.51 billion, compared to the consensus revenue estimate of $1.50 billion.

220 employees have rated Robert Half Chief Executive Officer Keith Waddell on Glassdoor.com. Keith Waddell has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Robert Half investors own include Walt Disney (DIS), Home Depot (HD), Intel (INTC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Bristol-Myers Squibb (BMY), QUALCOMM (QCOM) and CVS Health (CVS).

Robert Half's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Morgan Stanley (2.59%), Charles Schwab Investment Management Inc. (2.49%), Boston Partners (2.26%), Northern Trust Corp (1.69%), Invesco Ltd. (1.61%) and Mawer Investment Management Ltd. (1.36%). Insiders that own company stock include Dirk A Kempthorne, Paul F Gentzkow, Robert W Glass and Robert W Glass.
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Shares of RHI 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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