Herc (HRI) Set to Post Quarterly Earnings on Tuesday

Herc (NYSE:HRI) is projected to release its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Herc to post earnings of $2.92 per share and revenue of $1.35 billion for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:30 AM ET.

Herc (NYSE:HRI) last announced its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.67. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.16 billion. Herc had a net margin of 1.01% and a return on equity of 10.33%. The business’s revenue was up 20.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.87 earnings per share. On average, analysts expect Herc to post $7.30 EPS for the current fiscal year and $11.14 EPS for the next fiscal year.

Herc Stock Up 0.2%

Herc stock opened at $128.41 on Monday. The stock has a market capitalization of $4.29 billion, a PE ratio of 87.36 and a beta of 2.04. Herc has a twelve month low of $88.45 and a twelve month high of $188.35. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 4.22. The company has a 50 day moving average of $139.73 and a 200-day moving average of $139.47.

Herc Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, September 2nd. Herc’s dividend payout ratio (DPR) is presently 190.48%.

Wall Street Analyst Weigh In

HRI has been the topic of several research reports. JPMorgan Chase & Co. raised shares of Herc from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $165.00 to $175.00 in a research report on Thursday, September 10th. Wells Fargo & Company lowered their target price on Herc from $218.00 to $176.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. Zacks Research upgraded Herc from a “hold” rating to a “strong-buy” rating in a report on Monday, September 14th. BNP Paribas Exane lifted their price target on Herc from $160.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Finally, KeyCorp boosted their price target on Herc from $165.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $174.86.

Herc Company Profile

Herc Holdings Inc, operating primarily through the Herc Rentals brand, is an equipment rental supplier serving construction, industrial, commercial and government customers. The company provides access to equipment and related services intended to help customers complete projects without purchasing and maintaining their own fleets.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, trucks and trailers, power generation and climate-control equipment, pumps, and general tools.