Heritage Global Dividends and Buybacks
Dividend criteria checks 0/6
Heritage Global does not have a record of paying a dividend.
Key information
n/a
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | n/a |
Recent dividend and buyback updates
Recent updates
Narrative Update • Jun 01
HGBL: Cash And $7.5m Buyback Authorization Will Drive Bullish Repricing
Analysts have lifted their price target on Heritage Global stock from $4.00 to $4.50, citing what they see as a "no expectations" valuation despite a profitable, cash-generative business, $12.1m in cash after the recent acquisition and a $7.5m buyback authorization. What's in the News Heritage Global has an authorized share repurchase program of $7.5m, which analysts highlight alongside the company’s cash position as a key part of the current investment story.
Narrative Update • May 13
HGBL: Cash Generation And Buyback Firepower Will Shape Future Repricing
Analysts have raised their price target on Heritage Global to $4.50 from $4.00. They point to what they see as a profitable, cash-generative business trading at a "no expectations" valuation, with $12.1M in cash after the recent acquisition and a $7.5M buyback authorization.Narrative Update • Apr 25
HGBL: Cash Generation And Buyback Authorization Will Drive Future Repricing
Analysts have raised their price target on Heritage Global by $0.50 to $4.50, citing what they see as a "no expectations" valuation relative to a profitable, cash-generative business with $12.1m in cash after the recent acquisition and a $7.5m buyback authorization. Analyst Commentary Recent commentary centers on Heritage Global's current share price relative to its cash position, profitability, and the newly authorized buyback.Narrative Update • Apr 10
HGBL: Cash Generative Profile And Buyback Authorization Will Support Repricing
Analysts have nudged their price target on Heritage Global up by $0.50 to $4.50, pointing to what they see as a profitable, cash-generative business trading on what they describe as a "no expectations" valuation, supported by $12.1m in cash after the recent acquisition and a $7.5m buyback authorization. Analyst Commentary Recent research paints a generally constructive picture of Heritage Global, with the price target lifted to US$4.50 and framed around what bullish analysts describe as a "no expectations" valuation, backed by a profitable, cash-generative profile and a supported balance sheet.Narrative Update • Mar 27
HGBL: Cash Reserves And Buyback Authorization Will Support Bullish Repricing
Analysts have raised their price target on Heritage Global to $4.50 from $4.00, citing what they describe as a "no expectations" valuation for a profitable, cash-generative business with $12.1m in cash following the recent acquisition and a $7.5m buyback authorization. Analyst Commentary Recent coverage has framed Heritage Global as a profitable, cash-generative company with US$12.1m in cash following a recent acquisition and a US$7.5m buyback authorization.
Narrative Update • Mar 13
HGBL: Court-Appointed Apparel Auction Will Support Higher Future Earnings Quality
Analysts have kept their $4.00 price target on Heritage Global unchanged, citing updated assumptions that now reflect slightly different discount rate, revenue growth, profit margin, and P/E inputs, while maintaining their overall valuation view. Valuation Changes Fair Value: $4.00 unchanged, with no revision to the overall valuation outcome.Narrative Update • Feb 26
HGBL: Court-Appointed Apparel Auction Will Support Stronger Future Profit Margins
Analysts have nudged their price target on Heritage Global to $4.00, with updated assumptions reflecting slightly different views on discount rate, revenue growth, profit margin, and future P/E, while keeping their overall fair value assessment unchanged at $4.00. Valuation Changes Fair Value: Held steady at $4.00, with no change in the overall valuation outcome.Narrative Update • Feb 12
HGBL: Court-Appointed Apparel Auction Will Drive Stronger Future Profit Margins
Analysts have adjusted their price target on Heritage Global to $4.00. The update is primarily linked to refreshed assumptions around the discount rate, revenue growth, profit margin and future P/E, which they view as better aligned with the company’s current risk and earnings profile.Narrative Update • Jan 28
HGBL: Court-Appointed Apparel Auction Will Support Higher Future Profitability
Analysts have modestly revised their price target on Heritage Global to US$4.00. This reflects small adjustments to their models related to the discount rate, revenue growth, profit margin, and future P/E assumptions.Narrative Update • Jan 12
HGBL: Court-Appointed Apparel Auction Will Support Future Margin Expansion
Analysts have kept their price target for Heritage Global steady at US$4.00, citing small adjustments in the discount rate, revenue growth outlook, profit margin assumptions and future P/E as the reasons for reaffirming their view. What's in the News Heritage Global Partners has been appointed by the U.S. Bankruptcy Court for the District of Delaware to run an auction of over US$4 million in brand new and returned Seraphine USA Inc.Narrative Update • Dec 27
HGBL: New Auction Mandate Will Drive Future Margin Expansion
Analysts have modestly raised their price target on Heritage Global from 4.00 dollars to 4.10 dollars, reflecting slightly stronger expectations for revenue growth, profit margins, and earnings multiples under a marginally lower discount rate. What's in the News Heritage Global Partners was appointed by the U.S. Bankruptcy Court for the District of Delaware to auction over 4 million dollars of brand new and returned inventory from Seraphine USA Inc., a premium maternity apparel brand with strong international recognition (Key Developments).Narrative Update • Dec 12
HGBL: Margin Expansion And New Auction Mandate Will Drive Future Upside
Analysts have modestly trimmed their price target on Heritage Global to reflect slightly slower projected revenue growth and a higher discount rate, partially offset by expectations for improved profit margins and a lower future valuation multiple. What's in the News Heritage Global Partners was appointed by the U.S. Bankruptcy Court in Delaware to conduct an auction of more than $4 million in brand new and returned inventory from Seraphine USA Inc., a well known international maternity apparel brand (Key Developments) The Seraphine inventory spans multiple premium product categories, including underwear and hosiery, activewear and leisurewear, dresses and tops, pants and jumpsuits, sweaters and cardigans, coats and jackets, skirts and shorts, accessories and more, all stored in a U.S. distribution center for rapid release after the sale (Key Developments) The company reported no share repurchases between July 31, 2025 and September 30, 2025, completing its latest buyback tranche with zero shares and zero dollars deployed under the program announced on August 7, 2025 (Key Developments) Valuation Changes Fair value estimate reduced slightly from 4.5 to 4.0, reflecting a modestly lower intrinsic valuation.Analysis Article • Nov 26
Heritage Global Inc.'s (NASDAQ:HGBL) Shares Not Telling The Full Story
With a price-to-earnings (or "P/E") ratio of 15.4x Heritage Global Inc. ( NASDAQ:HGBL ) may be sending bullish signals...Analysis Article • Jan 29
Improved Earnings Required Before Heritage Global Inc. (NASDAQ:HGBL) Stock's 30% Jump Looks Justified
Heritage Global Inc. ( NASDAQ:HGBL ) shareholders have had their patience rewarded with a 30% share price jump in the...Analysis Article • Nov 10
Heritage Global Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
As you might know, Heritage Global Inc. ( NASDAQ:HGBL ) last week released its latest third-quarter, and things did not...
New Narrative • Sep 28
Expanding Market Footprint And Client Base Promise Growth Amid Shrinking Margins And Integration Risks
Expansion in customer base and business volume across Financial and Industrial Assets divisions hints at potential revenue growth.Analysis Article • Aug 14
Earnings Working Against Heritage Global Inc.'s (NASDAQ:HGBL) Share Price Following 26% Dive
Heritage Global Inc. ( NASDAQ:HGBL ) shareholders won't be pleased to see that the share price has had a very rough...Analysis Article • Aug 13
Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Nov 17
Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates
Celebrations may be in order for Heritage Global Inc. ( NASDAQ:HGBL ) shareholders, with the analysts delivering a...Seeking Alpha • Jul 11
Heritage Global anticipates significant net operating growth in 2Q22
Heritage Global (NASDAQ:HGBL) shares are surging 7% premarket as the company anticipates that 2Q22 net operating income will be in the range of $3M to $4M. The significant growth in net operating income is related to strong performance in both of the company’s operating divisions as well as the final disposition of the Huntsville real estate assets associated with its joint venture partnership and the conclusion of that project. “We are very pleased with our strong preliminary second quarter operating results, which reflected industry tailwinds in both our industrial and our financial businesses. Our performance was also favorably impacted in the quarter by the closing of the two remaining Huntsville transactions. By nature of the day-to-day activities in our industrial business, we are uniquely positioned to identify and purse strategic real estate opportunities. To date, our real estate transactions have proven to be high margin revenue generators, and we anticipate that our real estate partnerships will continue to represent significant growth potential for the Company moving forward.” said CEO Ross DoveSeeking Alpha • Mar 31
Heritage Global: The Earnings Rose Is About To Bloom But Beware The Thorns
I expect 2022 EPS to at least double over 2021, and the share price to respond in kind. Once that has happened, I will dump every share I have. Corporate governance is a mess at HGBL, particularly as it relates to executive compensation. This is the proverbial cigar butt. Get one last puff and then get out unless meaningful changes are revealed when the proxy comes out.Seeking Alpha • Feb 17
Executive Compensation Excesses At Heritage Global
Heritage Global has compensation arrangements in place that are far in excess of peers and out of place in context of their revenue generation/market cap. Heritage Global's pay structure does not appropriately align the incentives of management with the interest of shareholders, in my view. Bringing compensation down into more reasonable bounds would immediately result in significantly increased EPS and likely also a resulting jump in HGBL stock price. More reasonable compensation packages will also increase retained earnings, which can then be used in higher margin activities that require a lot of capital. Activist pressure may be needed to instigate needed change.Seeking Alpha • Sep 08
Heritage Global: Strategic Acquisition And Insiders Buying
A precipitous decline in Heritage Global's stock price challenged my bull thesis and had me scratching my head. Was my data wrong? The majority of the decline is owing to a single large shareholder reducing his ownership stake in the aftermath of resigning from the board. A strategic acquisition was announced, and then insiders started buying heavily. The thesis is still intact.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Insufficient data to determine if HGBL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HGBL's dividend payments have been increasing.
Dividend Yield vs Market
| Heritage Global Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HGBL) | n/a |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Capital Markets) | 2.1% |
| Analyst forecast (HGBL) (up to 3 years) | n/a |
Notable Dividend: Unable to evaluate HGBL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HGBL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate HGBL's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as HGBL has not reported any payouts.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 14:55 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Heritage Global Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Shlisky | Colliers Securities |
| George Sutton | Craig-Hallum Capital Group LLC |
| Mikhail Paramonov | Freedom Broker |