Barrington Research Forecasts HireQuest Q1 Earnings

HireQuest, Inc. (NASDAQ:HQI) – Equities research analysts at Barrington Research issued their Q1 2025 earnings estimates for HireQuest in a report issued on Monday, March 31st. Barrington Research analyst K. Steinke anticipates that the company will earn $0.14 per share for the quarter. Barrington Research has a “Outperform” rating and a $16.00 price objective on the stock. The consensus estimate for HireQuest’s current full-year earnings is $0.28 per share. Barrington Research also issued estimates for HireQuest’s Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.68 EPS and FY2026 earnings at $0.80 EPS.

HireQuest (NASDAQ:HQI) last posted its quarterly earnings data on Thursday, March 27th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The firm had revenue of $8.08 million during the quarter, compared to analyst estimates of $9.30 million. HireQuest had a return on equity of 11.02% and a net margin of 4.04%.

HireQuest Stock Up 1.4 %

Shares of HQI opened at $12.07 on Wednesday. The business has a 50-day simple moving average of $13.58 and a two-hundred day simple moving average of $13.90. HireQuest has a 52 week low of $11.39 and a 52 week high of $15.75. The stock has a market cap of $168.98 million, a price-to-earnings ratio of 109.73 and a beta of 1.03.

Hedge Funds Weigh In On HireQuest

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of HireQuest by 233.4% in the third quarter. JPMorgan Chase & Co. now owns 9,932 shares of the company’s stock worth $141,000 after purchasing an additional 6,953 shares in the last quarter. Geode Capital Management LLC boosted its holdings in HireQuest by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 131,394 shares of the company’s stock worth $1,861,000 after buying an additional 5,007 shares during the period. Charles Schwab Investment Management Inc. increased its stake in HireQuest by 16.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,229 shares of the company’s stock worth $230,000 after buying an additional 2,256 shares in the last quarter. Barclays PLC raised its holdings in HireQuest by 288.2% during the third quarter. Barclays PLC now owns 7,837 shares of the company’s stock valued at $110,000 after acquiring an additional 5,818 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of HireQuest by 31.8% in the fourth quarter. Bank of New York Mellon Corp now owns 111,488 shares of the company’s stock valued at $1,579,000 after acquiring an additional 26,913 shares in the last quarter. Hedge funds and other institutional investors own 12.00% of the company’s stock.

HireQuest Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.99%. The ex-dividend date was Monday, March 3rd. HireQuest’s dividend payout ratio is 88.89%.

About HireQuest

HireQuest, Inc provides temporary staffing services in the United States. It offers staffing services, including direct-dispatch, executive search, consultant, unskilled and semi-skilled industrial and construction personnel, clerical and administrative personnel, and permanent placement services, as well as commercial and non-CDL drivers, and skilled personnel in the medical and dental industries.