Heritage Global (HGBL) Set to Release Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is expected to announce its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to post earnings of $0.0275 per share and revenue of $12.94 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Heritage Global (NASDAQ:HGBL) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.50). Heritage Global had a positive return on equity of 6.12% and a negative net margin of 29.63%. The firm had revenue of $12.27 million during the quarter, compared to analysts’ expectations of $13.29 million.

Heritage Global Price Performance

HGBL stock opened at $1.25 on Wednesday. The firm has a 50 day moving average of $1.30 and a 200-day moving average of $1.28. The firm has a market capitalization of $43.30 million, a P/E ratio of -3.05 and a beta of 0.48. Heritage Global has a 12 month low of $1.01 and a 12 month high of $1.55. The company has a current ratio of 1.69, a quick ratio of 1.29 and a debt-to-equity ratio of 0.08.

Wall Street Analysts Forecast Growth

HGBL has been the topic of a number of analyst reports. Weiss Ratings upgraded shares of Heritage Global from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, September 8th. Lake Street Capital cut their price target on shares of Heritage Global from $4.50 to $3.00 and set a “buy” rating for the company in a report on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Heritage Global currently has an average rating of “Hold” and a consensus target price of $3.00.

Insider Activity

In related news, Director William L. Burnham acquired 300,000 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were bought at an average cost of $1.33 per share, for a total transaction of $399,000.00. Following the completion of the transaction, the director owned 300,000 shares in the company, valued at approximately $399,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ross Dove sold 300,000 shares of the company’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $1.33, for a total transaction of $399,000.00. Following the completion of the transaction, the chief executive officer owned 2,021,917 shares in the company, valued at approximately $2,689,149.61. This trade represents a 12.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 15.60% of the company’s stock.

Heritage Global Company Profile

Heritage Global, Inc (NASDAQ:HGBL) is an asset services company that specializes in the valuation, marketing and disposition of surplus, underutilized and distressed assets. The company serves businesses, lenders, insolvency professionals and other organizations seeking to sell or acquire industrial equipment, machinery, inventory and other tangible assets.

Through its operating businesses, including Heritage Global Partners, the company provides auction and liquidation services, negotiated sales, asset advisory services and valuation expertise.