Robert Half International (RHI) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Robert Half International in the last year. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RHI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RHI, but not buy additional shares or sell existing shares.
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8 analysts have issued twelve-month target prices for Robert Half International's stock. Their RHI share price forecasts range from $63.00 to $120.00. On average, they expect the company's stock price to reach $77.90 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price.
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Robert Half International's stock was trading at $73.83 at the beginning of the year. Since then, RHI shares have decreased by 5.4% and is now trading at $69.88.
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Robert Half International saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 7,880,000 shares, an increase of 29.0% from the April 30th total of 6,110,000 shares. Based on an average daily trading volume, of 1,000,000 shares, the days-to-cover ratio is presently 7.9 days. Currently, 7.5% of the shares of the company are short sold.
View Robert Half International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our RHI earnings forecast.

Robert Half International Inc. (NYSE:RHI) posted its quarterly earnings results on Wednesday, April, 26th. The business services provider reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.01. The business services provider had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Robert Half International had a net margin of 8.57% and a trailing twelve-month return on equity of 39.94%. The firm's revenue was down 5.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 EPS.
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Robert Half International announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Thursday, May 25th will be paid a dividend of $0.48 per share on Thursday, June 15th. This represents a $1.92 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Wednesday, May 24th.
Read our dividend analysis for RHI.

ETFs with the largest weight of Robert Half International (NYSE:RHI) stock in their portfolio include Formidable Fortress ETF (KONG), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Victoryshares Dividend Accelerator ETF (VSDA), Nuveen ESG Mid-Cap Growth ETF (NUMG), Siren DIVCON Leaders Dividend ETF (LEAD), Invesco S&P 500 Equal Weight Industrials ETF (RGI), Global X S&P 500 Quality Dividend ETF (QDIV) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).

Robert Half International (NYSE:RHI) pays an annual dividend of $1.92 per share and currently has a dividend yield of 2.75%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RHI will have a dividend payout ratio of 38.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RHI.

Robert Half International announced that its Board of Directors has approved a stock repurchase plan on Thursday, February 9th 2023, which authorizes the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

Robert Half International issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $1.09-$1.19 for the period, compared to the consensus estimate of $1.25. The company issued revenue guidance of $1.66 billion-$1.74 billion, compared to the consensus revenue estimate of $1.71 billion.

220 employees have rated Robert Half International 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 International 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 International trades on the New York Stock Exchange (NYSE) under the ticker symbol "RHI."

Robert Half International's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.25%), State Street Corp (4.21%), Geode Capital Management LLC (2.54%), Charles Schwab Investment Management Inc. (2.31%), Boston Partners (1.27%) and Dimensional Fund Advisors LP (1.25%). Insiders that own company stock include Dirk A Kempthorne, Marc Morial, 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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One share of RHI stock can currently be purchased for approximately $69.88.

Robert Half International (NYSE:RHI) has a market capitalization of $7.53 billion and generates $7.24 billion in revenue each year. The business services provider earns $657.92 million in net income (profit) each year or $5.64 on an earnings per share basis.

The company employs 16,300 workers across the globe.

Robert Half International's mailing address is 2884 SAND HILL ROAD SUITE 200, MENLO PARK CA, 94025. The official website for the company is www.roberthalf.com. The business services provider can be reached via phone at (650) 234-6000, via email at investor.relations@roberthalf.com, or via fax at 650-234-6999.