HireQuest (NASDAQ:HQI) Announces Earnings Results, Beats Estimates By $0.02 EPS

HireQuest (NASDAQ:HQI) announced its earnings results on Thursday. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02, Zacks reports. The firm had revenue of $8.08 million for the quarter, compared to analysts’ expectations of $9.30 million. HireQuest had a net margin of 4.04% and a return on equity of 11.02%.

HireQuest Price Performance

Shares of HQI opened at $13.44 on Friday. HireQuest has a 1 year low of $11.39 and a 1 year high of $15.75. The company has a 50 day simple moving average of $13.62 and a two-hundred day simple moving average of $13.95. The firm has a market cap of $188.16 million, a P/E ratio of 122.18 and a beta of 1.03.

HireQuest Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a dividend of $0.06 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.79%. HireQuest’s payout ratio is currently 218.18%.

HireQuest Company Profile

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.