HQI Research | Milton Maxwell

HQI

HireQuest, Inc.

7.70

-0.07-0.97%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

108.50M

P/E (TTM)

14.80

Basic EPS (TTM)

0.52

Dividend Yield

0.03%

Recent Filings

8-K

Execs sign long-term deals

3/6/26Mar 6, 2026

HireQuest locked in new employment deals effective March 2, 2026, for CEO Hermanns ($430K salary, 25K restricted shares), CFO Hartley ($260K, 10K shares), and CLO McAnnar ($260K, 10K shares), all through August 31, 2027. Performance bonuses tie to pre-tax income, Adjusted EBITDA growth, and sales metrics. Executives get hefty change-of-control protections. Retention secured.

8-K

Quarterly dividend declared

2/17/26Feb 17, 2026

HireQuest declared a quarterly cash dividend of $0.06 per share on February 17, 2026, payable March 16 to shareholders of record March 2. Board signals steady cash flow confidence. Future payouts hinge on quarterly reviews. Dividends face revocation risks.

8-K

$20M buyback approved

12/17/25Dec 17, 2025

HireQuest's board approved a $20 million stock repurchase program on December 16, 2025, authorizing buys via open market, private deals, or 10b5-1 plans. Shares repurchased support employee plans or corporate needs; program runs 12 months but can end anytime. Capital allocation favors buybacks now. Market conditions will dictate pace.

8-K

MRINetwork ownership restructured

12/1/25Dec 1, 2025

HireQuest's subsidiary HQ MRI signed a contribution agreement on December 1, 2025, effective January 1, 2026, transferring non-contract-staffing MRINetwork assets to MRI Operations LLC for 40% ownership units. Contract-staffing assets stay with HQ MRI; an operating agreement governs the new entity with franchise owners. Shana Applebaum named Managing Director. HireQuest retains shared services support.

8-K

HireQuest declares $0.06 dividend

11/7/25Nov 7, 2025

HireQuest declared a quarterly cash dividend of $0.06 per share on November 7, 2025, payable December 15 to shareholders of record December 1. Board signals steady cash flow confidence. Yet future payouts hinge on quarterly reviews and financial health.

About

HireQuest, Inc. provides staffing solutions in the United States. The company offers direct-dispatch, executive search, commercial staffing, unskilled and semi-skilled industrial, construction personnel, skilled and semi-skilled industrial personnel, clerical and administrative personnel, permanent placement, commercial and non-CDL drivers, skilled personnel, and executive placement and consultant services. It provides its services under the HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI trade names. The company serves construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, and retail industries, as well as dental practices. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.

CEO

Mr. Richard F. Hermanns

IPO

10/7/2003

Website

https://hirequest.com

Employees

Sector

Industrials

Industry

Staffing & Employment Services