Heritage Global (HGBL) to Announce Quarterly Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is expected to post its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.0375 per share and revenue of $13.29 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Heritage Global (NASDAQ:HGBL) last released its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $12.73 million during the quarter, compared to the consensus estimate of $13.49 million. Heritage Global had a net margin of 6.45% and a return on equity of 4.86%.

Heritage Global Stock Performance

Shares of HGBL stock opened at $1.20 on Thursday. Heritage Global has a one year low of $1.13 and a one year high of $2.20. The stock has a market cap of $41.69 million, a P/E ratio of 12.00 and a beta of 0.43. The company has a fifty day moving average price of $1.24 and a two-hundred day moving average price of $1.30. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.95 and a quick ratio of 1.51.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Heritage Global from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $4.50.

Insider Buying and Selling

In related news, insider Nicholas Kirk Dove bought 26,000 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was purchased at an average cost of $1.22 per share, for a total transaction of $31,720.00. Following the transaction, the insider owned 126,000 shares in the company, valued at $153,720. The trade was a 26.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 15.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HGBL. Evergreen Capital Management LLC bought a new stake in Heritage Global during the second quarter worth about $26,000. Virtu Financial LLC bought a new position in Heritage Global in the 3rd quarter valued at about $28,000. XTX Topco Ltd bought a new position in Heritage Global in the 4th quarter valued at about $31,000. Jane Street Group LLC raised its position in shares of Heritage Global by 196.2% in the 4th quarter. Jane Street Group LLC now owns 29,651 shares of the company’s stock valued at $37,000 after buying an additional 19,642 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Heritage Global by 29.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 49,951 shares of the company’s stock valued at $62,000 after buying an additional 11,512 shares in the last quarter. Institutional investors and hedge funds own 33.46% of the company’s stock.

Heritage Global Company Profile

Heritage Global Inc operates as a global advisory and disposition firm specializing in the valuation, sale and auction of surplus and idle assets. Through its subsidiaries, Heritage Global Partners and Heritage Global Digital, the company delivers comprehensive end-to-end solutions, including asset appraisals, advisory services and multi-channel auction platforms. Its service offerings encompass industrial machinery and equipment, real estate, storage lockers and specialty assets, all designed to maximize recovery values for clients.

The company leverages both online and live in-person events to facilitate timely and transparent sales across diverse asset classes.