Herc (HRI) to Announce Quarterly Earnings on Tuesday

Herc (NYSE:HRI) is projected to announce its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $1.1561 billion for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:30 AM ET.

Herc (NYSE:HRI) last posted its quarterly earnings data on Tuesday, April 28th. The transportation company reported $0.21 EPS for the quarter, topping the consensus estimate of ($0.21) by $0.42. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.06 billion. Herc had a negative net margin of 0.11% and a positive return on equity of 10.72%. Herc’s revenue was up 32.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.30 EPS. On average, analysts expect Herc to post $5 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Herc Trading Down 1.1%

NYSE HRI opened at $147.78 on Tuesday. Herc has a 52 week low of $88.45 and a 52 week high of $188.35. The company has a 50 day moving average price of $141.45 and a 200 day moving average price of $137.02. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 4.24. The firm has a market cap of $4.93 billion, a PE ratio of -547.33, a price-to-earnings-growth ratio of 27.13 and a beta of 1.88.

Herc Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, May 29th. Herc’s payout ratio is currently -1,037.04%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Freestone Grove Partners LP increased its holdings in shares of Herc by 667.9% in the fourth quarter. Freestone Grove Partners LP now owns 573,149 shares of the transportation company’s stock valued at $85,044,000 after purchasing an additional 498,511 shares during the period. Invesco Ltd. raised its stake in shares of Herc by 11.2% in the third quarter. Invesco Ltd. now owns 4,123,437 shares of the transportation company’s stock worth $481,040,000 after purchasing an additional 413,719 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Herc by 305.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 425,582 shares of the transportation company’s stock worth $63,148,000 after purchasing an additional 320,649 shares during the period. Marshall Wace LLP lifted its holdings in shares of Herc by 233.1% during the third quarter. Marshall Wace LLP now owns 420,512 shares of the transportation company’s stock worth $49,057,000 after purchasing an additional 294,265 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in Herc by 3,306.3% in the third quarter. Ameriprise Financial Inc. now owns 292,328 shares of the transportation company’s stock valued at $34,106,000 after buying an additional 283,746 shares during the last quarter. Institutional investors and hedge funds own 93.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HRI. Weiss Ratings raised Herc from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Citigroup raised their price objective on Herc from $155.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. BNP Paribas Exane assumed coverage on Herc in a research note on Monday, June 29th. They set a “neutral” rating and a $160.00 target price on the stock. Zacks Research raised Herc from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th. Finally, JPMorgan Chase & Co. upped their target price on Herc from $140.00 to $165.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $173.43.

About Herc

Herc Holdings Inc (NYSE: HRI) operates as a leading equipment rental provider in North America, offering a wide range of machinery and support services to construction, industrial, government and event sectors. The company’s fleet includes aerial work platforms, earthmoving equipment, material handling solutions, power generation units and specialty tools, enabling clients to scale their operations without the capital expense of ownership. In addition to basic machinery rentals, Herc provides value-added services such as equipment maintenance, on-site safety training and project consulting to help customers optimize productivity and maintain compliance with industry standards.

Founded as part of Hertz Global Holdings, the equipment rental business was spun off as an independent public company in early 2016.