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Herc Holdings Inc - HRI STOCK NEWS

Welcome to our dedicated news page for Herc Holdings (Ticker: HRI), a resource for investors and traders seeking the latest updates and insights on Herc Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Herc Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Herc Holdings's position in the market.

News
Herc Holdings Reports Strong First Quarter 2024 Results and Affirms 2024 Full Year Guidance
Rhea-AI Summary
Herc Holdings reported strong first-quarter 2024 results with record revenues of $804 million, a 9% increase. Net income decreased by 3%, adjusted EBITDA increased by 10% to $339 million, and rental pricing saw a 5.1% increase year-over-year. The company added 15 new locations through M&A and greenfield openings. Herc Holdings affirmed its full-year 2024 guidance, expecting 7-10% revenue growth and adjusted EBITDA of $1.55 billion to $1.60 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
Tags
earnings
-
News
Herc Holdings Announces First Quarter 2024 Earnings Call and Webcast Date
Rhea-AI Summary
Herc Holdings Inc. (HRI) will release its first quarter 2024 financial results on April 23, 2024, followed by an investor conference call. Management will discuss important information not in the press release. Webcast and replay details are provided for participants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.53%
Tags
earnings
-
News
Herc Holdings Inc. Announces Nomination of Lorin Crenshaw to Board of Directors
Rhea-AI Summary
Herc Holdings Inc. announces the nomination of Lorin Crenshaw as a new Director at the 2024 Annual Meeting of Stockholders. Mr. Crenshaw brings over 25 years of financial experience and currently serves as the CFO of Compass Minerals International, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
management
News
Herc Holdings to Participate in Bank of America 2024 Global Industrials Conference
Rhea-AI Summary
Herc Holdings Inc. announced that its CEO and CFO will participate in the Bank of America Global Industrials Conference in London. The fireside chat and webcast are scheduled for March 20, 2024, providing investors with insights into the company's operations and financial outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
conferences
-
News
Herc Rentals Expands Great Place to Work® Certification™ Across Its North American Business
Rhea-AI Summary
Herc Holdings Inc. (HRI) announced that its U.S. business received Great Place to Work® Certification™, with 87% of team members voting it a great place to work, 30% higher than the U.S. average. The Canadian business earned this certification earlier. Larry Silber, Herc Rentals president, emphasized the company's focus on a best-in-class culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
Tags
none
-
News
Herc Holdings Reports Strong Full Year 2023 Results and Announces 2024 Full Year Guidance
Rhea-AI Summary
Herc Holdings Inc. (HRI) reported record total revenues of $831 million in Q4 2023, a 6% increase, with net income decreasing by 7% to $91 million. For full year 2023, total revenues reached $3,282 million, a 20% increase, with net income rising by 5% to $347 million. Adjusted EBITDA for the year was $1,452 million, an 18% increase. The company added 15 new locations in Q4 and 42 new locations throughout the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.72%
Tags
earnings
News
Herc Holdings Inc. Increases Quarterly Dividend by 5% to $0.665 per share
Rhea-AI Summary
Herc Holdings, Inc. (NYSE: HRI) has announced a 5% increase in its quarterly dividend to $0.665 per share, payable on March 7, 2024. The annual dividend rate is now $2.66 per share, reflecting the company's confidence in its strategic direction and commitment to delivering sustained profit growth and returns to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
dividends
-
News
Herc Holdings Announces Date for Fourth Quarter and Full Year 2023 Earnings Results and Webcast
Rhea-AI Summary
Herc Holdings Inc. (HRI) will release its Q4 and full year 2023 financial results on February 13, 2024, followed by an investor conference call. Management will review the results and may disclose material business or financial information. A live webcast and dial-in numbers will be available for the call, with a replay accessible on the company website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
earnings
-
News
Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.6325 per share
Rhea-AI Summary
Herc Holdings, Inc. (NYSE: HRI) declares a quarterly dividend of $0.6325 per share, payable on December 26, 2023, to shareholders of record as of December 11, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.19%
Tags
dividends
News
Herc Holdings Inc. Announces New Long-Term Financial Targets During Investor Day Event
Rhea-AI Summary
Herc Holdings Inc. announced strong progress towards its three-year strategies and introduced new performance targets. The company aims to grow its core business, expand specialty equipment offering, elevate technology, integrate ESG, and allocate capital. They also introduced a new operating system called E3OS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.06%
Tags
none
Stock HRI logo
Herc Holdings Inc

NYSE:HRI

HRI Rankings

#1284 Ranked by Market Cap
#2706 Ranked by Stock Gains
#1518 Ranked by Dividends

HRI Stock Data

4.48B
27.81M
1.44%
95.69%
1.94%
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Real Estate and Rental and Leasing
Link
US
Bonita Springs

About HRI

herc rentals is a premier, full-service equipment-rental firm, providing our customers the equipment and services they need to achieve optimal performance. with more than 50 years of equipment-rental expertise, approximately 4,800 employees; approximately 270 company-operated locations, principally in the u.s. and canada, herc rentals is one of the leading equipment rental companies in north america. the company serves the construction and industrial segments and also provides solutions to government entities, railroads and infrastructure, and for remediation, emergency response, entertainment and events, and facilities and maintenance.