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Robert Half (RHI) Stock News, Jan-Feb 2021

RHI NYSE

Robert Half Inc. news centers on the company's specialized talent solutions and business consulting operations. Updates commonly address contract talent, permanent placement and executive search services across finance and accounting, technology, marketing and creative, legal, administrative and customer support roles.

Recurring coverage also includes quarterly earnings releases, cash dividend declarations, AI-enabled recruiting tools, corporate responsibility programs and developments at Protiviti, Robert Half's consulting subsidiary. Protiviti news highlights internal audit, risk, business, technology, data, compliance and related advisory services delivered through its global consulting network.

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On February 17, 2021, Robert Half (NYSE: RHI) announced that four of its executives were included in Staffing Industry Analysts' North America 2021 Staffing 100 list, recognizing their influential leadership in the staffing industry. Honorees included CEO M. Keith Waddell, President of Staffing Services Paul F. Gentzkow, Senior VP and CTO James Johnson, and President of Strategic Accounts Sharon Black. The recognition highlights their commitment to innovation, service, and quality, particularly during the challenges posed by the COVID-19 pandemic.

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Robert Half (NYSE: RHI) has been recognized by Barron's as one of the top ten companies for sustainable business practices. This marks the fourth consecutive year the staffing firm has been included in Barron's annual 100 Most Sustainable Companies list. The ranking evaluates the 1,000 largest U.S. public companies based on environmental, social, and governance (ESG) factors across five stakeholder categories. CEO M. Keith Waddell emphasized the company's long-standing commitment to sustainable corporate governance benefiting employees, customers, shareholders, and communities.

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Robert Half International (NYSE: RHI) has announced an increase in its quarterly cash dividend from $0.34 to $0.38 per share. This dividend will be paid on March 15, 2021, to shareholders of record as of February 25, 2021. Established in 1948, Robert Half is a leading staffing firm specializing in various sectors, including finance, technology, and legal services, with operations in over 400 locations worldwide.

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Robert Half International Inc. (NYSE: RHI) reported Q4 2020 revenues of $1.304 billion and net income of $94 million, down from $1.537 billion and $113 million respectively in Q4 2019. For the full year 2020, revenues totaled $5.109 billion and net income was $306 million, a decrease from $6.074 billion and $454 million in 2019. CEO M. Keith Waddell noted strong performance in Protiviti, marking 13 consecutive quarters of revenue growth, particularly in technology consulting. The company achieved a return on invested capital of 31% in Q4.

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Robert Half International Inc. (NYSE: RHI) will release its fourth-quarter 2020 earnings on January 28 at 4:15 p.m. EST. Management will host a conference call at 5 p.m. EST on the same day. The call can be accessed at 877-814-0475 within the US. A taped recording will be available for replay from 8 p.m. EST on January 28 to February 27, 2021. Robert Half is the world's largest specialized staffing firm, operating in over 400 locations worldwide.

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According to a new study by Robert Half, 51% of professionals would consider relocating if offered long-term remote work. Additionally, 4% have already moved. HR managers report that 50% of companies allow temporary relocation, while 38% support permanent moves. Reasons for relocation include a change of scenery (37%) and lower living costs (22%), though 75% of workers are unwilling to accept pay cuts. Companies are reassessing salary structures based on office locations. The rise of remote work is prompting a shift in hiring practices and investments in technology and employee well-being.

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Protiviti has promoted 30 directors to managing director and 4 to senior director, enhancing its leadership across various solution groups such as Internal Audit, Risk and Compliance, Technology Consulting, and Business Performance Improvement. In total, over 1,000 employees received promotions, reflecting the firm’s commitment to career advancement amid challenging conditions. Protiviti serves more than 60% of Fortune 1000 companies and is a subsidiary of Robert Half (RHI), a member of the S&P 500 index, reinforcing its market position.

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FAQ

What is the current stock price of Robert Half (RHI)?

Robert Half (RHI) last closed at $41.87.

What is the market cap of Robert Half (RHI)?

The market cap of Robert Half (RHI) is approximately $4.3B.