HireQuest (HQI)
Operates franchise staffing and recruiting brands, earning royalties from local office activity.
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Operates franchised offices spanning direct dispatch, commercial staffing, permanent placement, and executive search. Revenue comes chiefly from royalties tied to franchisee sales, gross margins, payroll funding, and customer cash receipts.
Operates franchised staffing and recruiting offices through HireQuest Direct and Snelling, alongside MRI-related businesses. HireQuest Direct serves daily-work/daily-pay construction and light-industrial roles, while Snelling handles longer-term light-industrial and administrative positions.
Local franchisees deliver the services, making the group a franchisor rather than the conventional employer of the field labor it places. The network includes U.S. staffing brands and executive-search operations with international franchise offices.
Royalty streams depend on franchisee customer sales, payroll-funding and gross-margin activity, and executive-search customers' cash receipts. MRINetwork's ownership restructuring left HireQuest with partial ownership and shared-service responsibilities.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 12, 2026 | Barrington | Target | Target: $15 | Target: $19 |
| Aug 11, 2026 | DA Davidson | Reiterate | Rating: —Target: $15 | Target: $19 |
| May 18, 2026 | Barrington | Target | Target: — | Target: $15 |
| Dec 2, 2025 | D.A. Davidson | Target | Target: — | Target: $15 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.6M · Total debt $0 · Total assets $93.4M · Shareholders' equity $68.9M
- Revenue
- $8.1M
- Operating income
- $3.3M
- Net income
- $2.7M
HistoryDividendAnnual yield
| Institutions | 11.44% | 1.59M shares | |
|---|---|---|---|
| 61 holders · as of Jun 30, 2026 | |||
| Insiders | 41.24% | 5.73M shares | |
| 8 holders · as of Aug 14, 2026 | |||
| Strategic holders | 17.42% | 2.42M shares | |
| 1 holder · as of Jan 28, 2025 | |||
| Other | 29.90% | 4.16M shares | |
| remainder | |||
13.90M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Edward JacksonInsiderdirector, 10 percent owner | 19.02% | 2.64M | filed Aug 14, 2026 |
Richard HermannsInsiderdirector, 10 percent owner, officer: President and CEO | 18.54% | 2.58M | filed Jun 29, 2026 |
Richard F & Lisa S Hermanns Dynasty Trust dated July 16, 2008Strategic10 percent owner | 17.42% | 2.42M | filed Jan 28, 2025 |
BlackRock, Inc.Institution | 1.94% | 269,196 | as of Jun 30, 2026 |
Bandera Partners LLCInstitution | 1.70% | 236,847 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 3, 2026 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +1,128 | $12.19 |
| Dec 30, 2025 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +9,704 | $10.28 |
| Dec 22, 2025 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +18,854 | $9.13 |
| Dec 24, 2025 | Richard Hermanns | director, 10 percent owner, officer: President and CEO | +422 | $10.12 |
- TrueBlue
Closest overlap in on-demand, industrial, and skilled-trades staffing
- ManpowerGroup
Large-scale commercial staffing and permanent-recruiting overlap
- Kelly Services
Light-industrial and office staffing overlap in North America
- Robert Half
Specialized contract talent, permanent placement, and executive search
- Kforce
Professional temporary staffing and direct-hire placement overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| HireQuest | $17.35 | −0.40% | $242.8M | 29.5 | 23.0 | 8.1 | +6.0% |
| TrueBlue | $9.35 | +1.52% | $280.0M | — | 16.9 | 0.2 | +11.8% |
| ManpowerGroup | $57.39 | +1.49% | $2.63B | 25.6 | 14.0 | 0.1 | +7.5% |
| Kelly Services | $16.38 | +0.61% | $564.4M | — | 10.7 | 0.1 | −5.6% |
| Robert Half | $37.35 | +1.04% | $3.78B | 32.1 | 23.6 | 0.7 | −2.4% |
| Kforce | $52.32 | +1.43% | $923.7M | 24.3 | 18.9 | 0.7 | +4.5% |
| Median | 25.6 | 16.9 | 0.2 | +4.5% |