Welcome to our dedicated page for Robert Half news (Ticker: RHI), a resource for investors and traders seeking the latest updates and insights on Robert Half stock.
Robert Half Inc. (NYSE: RHI) is the world's first and largest specialized staffing firm, established in 1948. The company provides skilled professionals in a variety of fields including accounting and finance, technology, legal, creative, marketing, and administration. With more than 400 consulting and staffing locations worldwide, Robert Half offers businesses a full spectrum of specialized staffing and consulting solutions.
A pioneer in professional staffing services, Robert Half has consistently earned accolades for its performance and ethical standards. It has appeared on Fortune® magazine's 'Most Admired Companies' list every year since 1998 and on Ethisphere's 2013 list of the 'World's Most Ethical Companies'.
Robert Half's subsidiary, Protiviti®, is a global consulting and internal audit firm specializing in risk, advisory, and transaction services. Protiviti has made significant strides in addressing global issues, recently donating its 15 millionth meal through its 'i on Hunger' program. This initiative and others reflect the company's commitment to social responsibility.
Financially, Robert Half reported annual revenues of $6.393 billion for the year ending December 31, 2023. Despite facing global economic challenges, the company continues to show resilience and adaptability. Its diverse range of services, which includes temporary, permanent, and outcome-based staffing, positions it as a leader in the fragmented U.S. staffing industry.
Recent announcements include the expected release of first-quarter 2024 earnings results on April 25, 2024. The company's management will conduct a conference call to discuss earnings and future prospects, displaying transparency and proactive communication with investors.
Additionally, Robert Half's leadership has been instrumental in maintaining its industry-leading status. Executives like Robert Hosking and Keith Waddell have contributed significantly through their strategic vision and operational expertise.
Recent Achievements:
- Named one of Fortune's 100 Best Companies to Work For®
- Recognized as a Forbes Best Employer for Diversity
- Honored as America's Most Responsible Companies by Newsweek
- Donated over 150,000 meals through the 'Birdies for Meals' campaign
In summary, Robert Half Inc. stands out not only for its longevity and financial stability but also for its ethical practices and social responsibility, making it a compelling choice for investors and job seekers alike.
Robert Half has promoted Micah Reinhold to senior vice president of finance as of March 8, 2022. Reinhold, who joined Robert Half in 2015, has previously served as vice president of finance. In her new role, she will oversee financial planning, data analytics, and transformation programs aimed at enhancing strategic insights for customers. Mike Buckley, CFO, praised her contributions to advancing the company's financial systems and processes, highlighting her role in implementing large-scale projects that modernize global financial systems.
On February 15, 2022, two Robert Half executives were recognized in Staffing Industry Analysts' 2022 North America Staffing 100 list. CEO M. Keith Waddell and Paul F. Gentzkow, President of Talent Solutions, were acknowledged for their leadership in the staffing sector. Waddell's three-decade tenure included launching Protiviti and handling the company’s pandemic recovery. Gentzkow's leadership contributed to the firm growing to over 300 locations globally and achieving record revenues in 2021, showcasing their commitment to a skilled workforce and remote solutions.
Robert Half International (NYSE: RHI) announced a quarterly cash dividend increase from $0.38 to $0.43 per share, effective March 15, 2022. This payment will be distributed to shareholders on record as of February 25, 2022.
Founded in 1948, Robert Half is a leader in specialized talent solutions and consulting, operating in over 400 locations globally.
Research from Robert Half reveals that 65% of U.S. companies expect to hire new permanent positions in the first half of 2022, a 14-point increase from six months ago. Notably, cities like Charlotte (75%) and San Francisco (74%) show strong hiring intentions. The study also highlights that 71% of managers plan to increase contract hiring, especially in marketing and technology. Key hiring strategies include raising starting salaries (55%) and offering remote work options (50%). However, challenges in remote hiring and onboarding persist, particularly in assessing candidates' skills and engagement.
Robert Half International (NYSE: RHI) reported strong fourth-quarter results for 2021, with net income of $168 million ($1.51 per share) on revenues of $1.770 billion, marking a 36% revenue increase year-over-year. Annual net income reached $599 million ($5.36 per share), up from $306 million in the previous year. Key drivers included a 73% revenue growth in permanent placements and a 37% rise in Protiviti operations. The company’s fourth-quarter return on invested capital was notably high at 50%. Management expresses optimism for the upcoming year, supported by significant demand across various sectors.
Robert Half International (NYSE: RHI) will release its fourth-quarter 2021 earnings results on January 27, 2022, at approximately 4:15 p.m. EST. Management will host a conference call at 5 p.m. EST the same day, accessible via 877-814-0475. A recorded replay will be available after 8 p.m. EST that evening until February 24. Founded in 1948, Robert Half specializes in talent solutions across various sectors, boasting operations in over 400 locations worldwide.
FAQ
What is the current stock price of Robert Half (RHI)?
What is the market cap of Robert Half (RHI)?
What does Robert Half Inc. specialize in?
What is Protiviti?
What are some recent achievements of Robert Half?
How many locations does Robert Half have?
What is the annual revenue of Robert Half?
What kind of staffing solutions does Robert Half offer?
When was Robert Half founded?
What accolades has Robert Half received?
Who are some key executives at Robert Half?
Where is Robert Half listed on the stock exchange?
