Herc (HRI) Projected to Announce Earnings on Tuesday

Herc (NYSE:HRI) will likely be releasing its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Herc to announce earnings of $2.92 per share and revenue of $1.35 billion for the quarter. Individuals 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 released its earnings results on Tuesday, July 28th. The transportation company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.67. Herc had a return on equity of 10.33% and a net margin of 1.01%. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the firm posted $1.87 earnings per share. The company’s quarterly revenue was up 20.2% on a year-over-year basis. On average, analysts expect Herc to post $7.05 EPS for the current fiscal year and $10.68 EPS for the next fiscal year.

Herc Trading Up 2.5%

NYSE:HRI opened at $124.60 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 4.22. Herc has a 1-year low of $88.45 and a 1-year high of $188.35. The firm has a market capitalization of $4.17 billion, a price-to-earnings ratio of 84.76 and a beta of 2.04. The business’s 50-day moving average price is $142.99 and its two-hundred day moving average price is $138.42.

Herc Dividend Announcement

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

Analyst Upgrades and Downgrades

HRI has been the subject of a number of recent analyst reports. BNP Paribas Exane upped 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. KeyCorp lifted their price objective on shares of Herc from $165.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Citigroup reduced their price objective on shares of Herc from $175.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Zacks Research upgraded shares of Herc from a “hold” rating to a “strong-buy” rating in a report on Monday, September 14th. Finally, Weiss Ratings upgraded shares of Herc from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. One 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.