Stock events for HireQuest, Inc. (HQI)
HireQuest's stock has experienced notable movements in the past six months, declining by 41.00% from November 6, 2024, to November 5, 2025, and by 41.66% over the last 12 months, but showing a slight increase of 2.88% in the past month. Key events impacting the stock include the Q3 2025 earnings report, where HireQuest reported earnings of $0.24 per share, surpassing estimates, the proposed acquisition of TrueBlue, Inc. for $7.50 per share, and the consistent quarterly dividend of $0.06 per common share.
Demand Seasonality affecting HireQuest, Inc.’s stock price
Demand for HireQuest's temporary and day labor staffing services can fluctuate based on locations and seasonality. The staffing industry generally experiences peak seasons, and HireQuest's franchisees are noted for their keen understanding of these market fluctuations, enabling them to adapt and provide effective staffing solutions. The company's business model is designed to perform well and remain profitable across various economic cycles.
Overview of HireQuest, Inc.’s business
HireQuest, Inc. is a national franchisor specializing in staffing solutions across the United States and international markets, operating within the Industrials sector, specifically in the Staffing & Employment Services industry. The company provides a comprehensive range of staffing services, including direct-dispatch, executive search, and commercial staffing solutions, catering to various needs across diverse industries. HireQuest operates through several brands and its primary revenue source is royalty fees generated from the operations of its franchised offices.
HQI’s Geographic footprint
HireQuest maintains a broad geographic presence, operating across the U.S. and in international markets through its franchised model. As of November 2025, the company's network includes over 400 offices spanning 47 states and Washington, D.C., and in over 40 countries worldwide.
HQI Corporate Image Assessment
HireQuest's brand reputation has been viewed with a "Hold" consensus rating from Wall Street analysts, but there have been recent positive shifts, including an upgrade to a "Buy" rating by Zacks in November 2025. Barrington Research also maintained a "Buy" rating and a $13 price target in November 2025. The company's Q3 2025 earnings and its 2026 U.S. Labor Market Outlook likely contributed positively to its reputation.
Ownership
HireQuest, Inc. has a mix of institutional and individual ownership. As of November 5, 2025, 142 institutional owners and shareholders hold a total of 2,085,077 shares, with major institutional shareholders including Vanguard Group Inc and BlackRock, Inc. Insider ownership is substantial, with insiders owning 567.35% of the company, and Glenn Welstad is the largest individual shareholder.
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$8.70