Heritage Global (HGBL) Expected to Release Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is projected to release 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. Investors may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Heritage Global (NASDAQ:HGBL) last released its quarterly 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 for the quarter, compared to analyst estimates of $13.29 million.

Heritage Global Stock Performance

Heritage Global stock opened at $1.29 on Thursday. Heritage Global has a 12-month low of $1.01 and a 12-month high of $1.55. The company has a market capitalization of $44.69 million, a price-to-earnings ratio of -3.15 and a beta of 0.45. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.69 and a quick ratio of 1.29. The firm’s fifty day moving average price is $1.29 and its 200 day moving average price is $1.28.

Analysts Set New Price Targets

A number of research firms have weighed in on HGBL. Weiss Ratings upgraded Heritage Global from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, September 8th. Lake Street Capital dropped their target price on 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 research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.00.

Insiders Place Their Bets

In other Heritage Global news, CEO Ross Dove sold 300,000 shares of the stock in a transaction on Friday, September 25th. The shares were sold at an average price of $1.33, for a total transaction of $399,000.00. Following the transaction, the chief executive officer directly owned 2,021,917 shares in the company, valued at $2,689,149.61. This represents a 12.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William L. Burnham acquired 300,000 shares of the firm’s stock in a transaction on Friday, September 25th. The shares were bought at an average cost of $1.33 per share, with a total value of $399,000.00. Following the completion of the acquisition, the director owned 300,000 shares in the company, valued at $399,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 15.60% of the stock is currently owned by insiders.

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.