Stock events for HireQuest, Inc. (HQI)
Over the past six months, HireQuest's stock price has experienced a decline. Key events impacting the stock include the Q3 2025 earnings report, which showed positive earnings and was followed by a stock gain. The company announced a $20 million share repurchase program and a strategic change in the ownership structure of MRINetwork. HireQuest has consistently declared quarterly dividends. The company reported lower 2025 revenue and system-wide sales, but net income rose, and the company ended 2025 debt-free. Technical analysis indicated a shift to a downward trend in March 2026.
Demand Seasonality affecting HireQuest, Inc.’s stock price
Demand for HireQuest's temporary staffing and day labor offerings can fluctuate based on locations and seasonality. The third quarter is typically the strongest sales period for HireQuest Direct and Snelling. The company anticipates increased demand for temporary staffing in the second and third quarters due to normal seasonal factors. Management has observed a stabilizing job market in 2026.
Overview of HireQuest, Inc.’s business
HireQuest, Inc. is a national franchisor specializing in staffing solutions across the United States, operating primarily within the Industrials sector, specifically in the Staffing & Employment Services industry. The company provides direct-dispatch staffing, commercial staffing, executive search and professional recruitment, and specialized staffing. HireQuest serves a diverse range of industries, including construction, recycling, warehousing, and manufacturing. The company's primary revenue source is royalty fees from its franchised offices.
HQI’s Geographic footprint
HireQuest, Inc. has a nationwide footprint across the United States, with a network of over 400 franchise locations in more than 30 states. The company is particularly strong in the southeastern and midwestern United States, which allows HireQuest to compete for national account relationships.
HQI Corporate Image Assessment
While specific brand reputation metrics were not detailed, HireQuest's strategic divestment of MRINetwork, focus on customer service and operational efficiency, and commitment to excellence have solidified its reputation as a trusted partner. The continued expansion of franchise owners indicates a positive internal perception of the HireQuest brand.
Ownership
HireQuest, Inc. exhibits a conventional ownership structure, with a significant portion held by insiders, representing 62.32% of the total outstanding shares. Institutional ownership accounts for 11.93% of outstanding shares.
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$10.66