Heritage Global (HGBL) Projected to Announce Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is expected to post its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Heritage Global to post earnings of $0.0275 per share and revenue of $12.94 million for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Heritage Global (NASDAQ:HGBL) last issued its earnings results on Thursday, August 13th. The company reported ($0.46) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.50). Heritage Global had a negative net margin of 29.63% and a positive return on equity of 6.12%. The firm had revenue of $12.27 million during the quarter, compared to analyst estimates of $13.29 million.

Heritage Global Price Performance

HGBL stock opened at $1.29 on Thursday. The company has a market cap of $44.69 million, a PE ratio of -3.15 and a beta of 0.45. The company has a current ratio of 1.69, a quick ratio of 1.29 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average price of $1.29 and a two-hundred day moving average price of $1.28. Heritage Global has a 12-month low of $1.01 and a 12-month high of $1.55.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Weiss Ratings upgraded shares of Heritage Global from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 8th. Lake Street Capital reduced their price target on shares of Heritage Global from $4.50 to $3.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Heritage Global presently has an average rating of “Hold” and an average target price of $3.00.

Insider Activity

In other Heritage Global news, CEO Ross Dove sold 300,000 shares of the business’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $1.33, for a total transaction of $399,000.00. Following the transaction, the chief executive officer owned 2,021,917 shares in the company, valued at $2,689,149.61. The trade was a 12.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William L. Burnham bought 300,000 shares of the firm’s stock in a transaction dated Friday, September 25th. The stock was bought at an average cost of $1.33 per share, with a total value of $399,000.00. Following the transaction, the director directly owned 300,000 shares of the company’s stock, valued at approximately $399,000. This trade represents a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 15.60% of the company’s stock.

Heritage Global Company Profile

Heritage Global, Inc (NASDAQ:HGBL) is an asset services company that specializes in the valuation, marketing and disposition of surplus, underutilized and distressed assets. The company serves businesses, lenders, insolvency professionals and other organizations seeking to sell or acquire industrial equipment, machinery, inventory and other tangible assets.

Through its operating businesses, including Heritage Global Partners, the company provides auction and liquidation services, negotiated sales, asset advisory services and valuation expertise.