Herc Holdings Inc. (HRI)

NYSE: HRI · IEX Real-Time Price · USD
89.77
+3.25 (3.76%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.76%
Market Cap 2.68B
Revenue (ttm) 2.19B
Net Income (ttm) 249.70M
Shares Out 29.89M
EPS (ttm) 8.19
PE Ratio 10.96
Forward PE 7.49
Dividend $1.65 (1.84%)
Ex-Dividend Date May 26, 2022
Volume 544,783
Open 86.52
Previous Close 86.52
Day's Range 86.00 - 92.64
52-Week Range 83.43 - 203.14
Beta 2.63
Analysts Buy
Price Target 199.67 (+122.4%)
Earnings Date Jul 28, 2022

About HRI

Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier in the United States and internationally. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. The company also provides ProSolutions, an industry specific solution-based services, which include power generation, climate control, remediation and restoration, pump, trench shoring, and studio and production equipment; and ProContractor professional grade tools. In addition, it offers various ... [Read more...]

Industry Trading Companies & Distributors
Founded 1965
CEO Lawrence Silber
Employees 5,600
Stock Exchange NYSE
Ticker Symbol HRI
Full Company Profile

Financial Performance

In 2021, Herc Holdings's revenue was $2.07 billion, an increase of 16.38% compared to the previous year's $1.78 billion. Earnings were $224.10 million, an increase of 204.07%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for HRI stock is "Buy." The 12-month stock price forecast is 199.67, which is an increase of 122.42% from the latest price.

Price Target
$199.67
(122.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

KeyBanc Cuts Herc's Price Target By ~22%

KeyBanc lowered the price target for Herc Holdings Inc (NYSE: HRI) to $155 (an upside of 48%) from $200 while maintaining the Overweight rating on the shares. While investors have become more cautious a...

Herc Holdings Inc. Announces Quarterly Dividend of $0.575 per share

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on May 27, 2022, with a payment date...

12 of Wall Street's Newest Dividend Stocks

Skyrocketing inflation has spurred demand for investments that can keep pace with rising prices. This includes renewed interest in income-paying investments, including both old and new dividend stocks.

Herc Holdings Announces Participation in Well Fargo Industrials Conference

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”) a leader in the equipment rental industry, today announced that Larry Silber, president and chief...

Herc Holdings Shares Slide After Mixed Q1 Results

Herc Holdings Inc (NYSE: HRI) reported first-quarter FY22 sales growth of 25% year-on-year to $567.3 million, beating the consensus of $554.02 million. Equipment rental revenue increased 31.6% Y/Y to $5...

Herc Holdings Reports Strong First Quarter 2022 and Increases Full Year 2022 Guidance

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2022. Equipment rental revenue w...

Herc Holdings Announces First Quarter 2022 Earnings Call and Webcast Date

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) will host its first quarter 2022 earnings call and webcast on Thursday, April 21, at 8:30 a.m. U.S. Eastern Daylight Time. The Compa...

Herc Holdings to Acquire Cloverdale Equipment Company

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced today that it has entered a purch...

How Herc Holdings (HRI) Stock Stands Out in a Strong Industry

Herc Holdings (HRI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Herc Holdings Announces Participation in Bank of America Securities Global Industrials Conference

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”) a leader in the equipment rental industry, today announced that Larry Silber, president and chief...

Herc Holdings (HRI) Q4 Earnings Miss Estimates

Herc Holdings (HRI) delivered earnings and revenue surprises of -4.65% and 0.33%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Herc Holdings Strong Fourth Quarter Contributes to Record Full Year 2021 Results

BONITA SPRINGS, Fla.--(BUSINESS WIRE)---- $HRI--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2021. ...

Herc Holdings Hikes Quarterly Dividend By 15%

Herc Holdings Inc (NYSE: HRI) increased its quarterly dividend by 15% to $0.575/per share from the prior dividend of $0.50. The increased dividend is payable to shareholders of record on February 23, 20...

Herc Holdings Inc. Increases Quarterly Dividend by 15% to $0.575 per share

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on February 23, 2022, with a payment...

Herc Holdings (HRI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Herc Holdings (HRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Northcoast Research Turns Bullish On Herc Holdings

Northcoast Research analyst John Healy upgraded Herc Holdings (NYSE:HRI) to Buy from Neutral with a price target of $205, suggesting an upside of 30%. He sees a more favorable risk/reward following chan...

Herc Holdings Announces Fourth Quarter and Full Year 2021 Earnings Webcast

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) will host its fourth quarter and full year 2021 earnings call and webcast on Thursday, February 10, at 8:30 a.m. U.S. Eastern Standa...

Rakesh Sachdev Elected to Herc Holdings' Board of Directors

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that its Board of Directors has e...

Herc Holdings Completes Acquisition of Rapid Equipment Rental; Also Announces Acquisition of SkyKing Lift Rentals

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that it has completed the acquisi...

10% Owner Of Herc Holdings Sold $13M In Stock

Carl Icahn, 10% Owner at Herc Holdings (NYSE:HRI), made a large insider sell on October 29, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission...

Herc Acquires New Hampshire-Based Equipment Rental Business For Undisclosed Sum

Herc Holdings Inc (NYSE: HRI) acquires all the assets of New Hampshire-based Reliable Equipment, LLC. Deal terms were not disclosed.

Herc Holdings Acquires New Hampshire-based Equipment Rental Business

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced today that it has acquired substa...

Carl Icahn Dumps Shares of Long Idle Herc Holdings

Carl Icahn (Trades, Portfolio) has revealed a reduction in his Herc Holdings Inc. ( HRI , Financial) position according to GuruFocus' Real-Time Picks, a Premium feature.

Has Herc Holdings (HRI) Outpaced Other Transportation Stocks This Year?

Is (HRI) Outperforming Other Transportation Stocks This Year?

Herc Holdings: Q3 Earnings Insights

Herc Holdings (NYSE:HRI) reported its Q3 earnings results on Thursday, October 21, 2021 at 08:00 AM. Here's what investors need to know about the announcement.