hertz stock: HTZ overview and investor guide

This article explains hertz stock (HTZ), its listings, corporate history including the 2020 restructuring, securities, market data, recent capital markets activity, major holders and risks. Readers...

2024-07-03 13:57:00

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Hertz Global Holdings, Inc. (stock)

As of 2026-01-24, hertz stock remains a widely followed U.S. equity that represents ownership in Hertz Global Holdings, Inc., the global vehicle rental and mobility services company. This guide explains what hertz stock is, where it trades, the company background and restructuring history, securities and instruments tied to the equity, market statistics and sources, major shareholders and activist involvement, principal risks, and how to follow the stock and official filings.

This article helps beginners and investors quickly find reliable sources for hertz stock quotes and filings, understand the corporate events that shaped the equity (including Chapter 11 and subsequent recapitalizations), and locate trading and custody options such as Bitget and Bitget Wallet for exposure and safekeeping.

Overview

Hertz Global Holdings, Inc. is a car rental and mobility services company that operates well-known brands including Hertz, Dollar and Thrifty. When people refer to hertz stock they generally mean shares of Hertz Global Holdings, Inc., most commonly quoted under the ticker HTZ on U.S. exchanges. The equity reflects investor expectations about Hertz’s fleet management, travel demand exposure, balance-sheet strength and ability to generate cash flow.

As of 2026-01-24, according to Nasdaq and MarketWatch, market participants monitor hertz stock using exchange quote pages, the company’s investor-relations materials, and filings with the SEC. Real-time and delayed price data is widely available on major financial data providers and the company's investor pages.

Company background

Hertz Global Holdings, Inc. operates vehicle rental services and related mobility offerings around the world. The company’s principal consumer brands include Hertz, Dollar and Thrifty. Hertz provides short-term car rentals, long-term rentals, car-sharing and fleet solutions to retail and corporate customers.

Headquartered in the United States, Hertz maintains operations and maintenance facilities, leasing relationships for vehicle acquisition, and a global customer network across airports and urban locations.

Founding and early history

The Hertz brand traces back more than a century in the car-rental business. Over decades the company expanded through organic growth and acquisitions, establishing recognizable consumer brands and a large fleet business that became the basis for its public listing and investor ownership.

Recent corporate history and restructuring

Hertz’s corporate and equity story includes a major restructuring that materially affected hertz stock. In 2020, Hertz filed for Chapter 11 bankruptcy protection amid a steep decline in travel demand and liquidity pressures. The bankruptcy and subsequent reorganization led to material changes in the company’s capital structure. As part of restructuring and recapitalization actions, the equity experienced dilution events, changes in shareholders and the terms of previously outstanding securities.

Following the restructuring, Hertz executed various capital markets transactions to improve liquidity, manage fleet financing and restore operations. These events are documented in the company’s SEC filings and investor announcements.

Listings and tickers

Hertz shares trade under ticker symbols on U.S. exchanges and may have related tickers for warrants or other instruments. The most commonly referenced ticker for common stock is HTZ. Investors should verify the trading venue and ticker in real time through exchange quote pages or the company’s investor relations.

Historically, listing status for the equity has changed following corporate events. Investors interested in trading hertz stock should confirm the current primary exchange (for example, NASDAQ) and whether any warrants, preferred instruments or exchangeable securities have separate tickers.

Securities and related instruments

Hertz has issued several types of securities that relate to hertz stock:

Common shares (commonly referenced as HTZ). These represent residual ownership in Hertz Global Holdings, Inc.
Warrants and other derivative instruments that may trade under separate tickers. Some corporate reorganizations create warrant classes or exchangeable securities that are important for equity holders to track.
Convertible or exchangeable debt instruments, such as exchangeable senior notes, which can influence equity dilution if converted or exchanged into common shares.

Investors must review Hertz’s official filings (Form 10-K, Form 10-Q, and press releases) to confirm the existence, terms and conversion rights of any outstanding warrants or exchangeable securities.

Market data and trading information

Market data for hertz stock — including price, 52-week high/low, average volume, shares outstanding, float and market capitalization — is available from Nasdaq, MarketWatch, Reuters/Refinitiv and other major financial data providers. As of 2026-01-24, up-to-date quotes and volume statistics can be found on these platforms and on Hertz’s investor relations quote page.

Note: Market metrics change daily. For current market capitalization and volume, consult the exchange quote page or a major financial data provider.

Price history and notable price movements

Hertz’s equity has experienced significant price volatility at various times due to operational stress, bankruptcy proceedings, and investor-driven trading activity. Notable drivers of large price movements have included:

The 2020 travel collapse and Chapter 11 filing, which led to a sharp drop in the company’s equity value.
Reorganization outcomes and announcements about capital-raising transactions that altered expected dilution and ownership.
Public filings and quarterly results that signaled recovery in rental demand or changes in fleet financing.

Because hertz stock has reacted strongly to corporate and macro events, short-term price swings can be material and rapid.

Trading statistics

Key trading statistics for hertz stock typically include average daily volume, shares outstanding, free float, short interest levels and measures of intraday volatility. These metrics are published by exchanges and data providers:

Average daily volume: available on Nasdaq and MarketWatch quote pages.
Shares outstanding and float: disclosed in SEC filings and investor relations materials.
Short interest and borrow availability: reported by exchanges and clearing venues and accessible through market data vendors.

Real-time and delayed quotes, charts and historical data are accessible from Nasdaq, MarketWatch and Reuters; investors may also consult Hertz’s investor relations pages for authoritative disclosures.

Financial performance

Hertz’s financial performance is summarized through top-line revenue, gross profit from rental operations, EBITDA trends, net income or loss, cash holdings and total debt. The company’s 10-K annual report and 10-Q quarterly reports are primary sources for audited and unaudited financial statements.

Recent quarterly and annual results

Key metrics in recent quarterly reports typically include the company’s revenue, adjusted EBITDA, fleet size and utilization, and free cash flow (or use of cash). For the most recent quarters, investors should consult Hertz’s quarterly results and presentations available on the company’s investor-relations site and in its SEC filings.

As of 2026-01-24, according to Hertz’s investor relations and recent filings, the company continues to report recovery trends tied to travel demand, while managing fleet financing and debt maturity schedules. See the company’s latest Form 10-Q and investor presentation for verified figures.

Key financial ratios and metrics

When reviewing hertz stock, investors typically monitor:

Market capitalization (market cap) — the total market value of common equity.
Price-to-earnings (P/E) ratio — applicable only if earnings are positive; otherwise stated as N/A.
Adjusted EBITDA and free cash flow metrics — useful for assessing operating performance excluding non-cash items.
Leverage measures — total debt, net debt (debt minus cash), and debt-to-EBITDA.

These ratios are calculated from values reported in Hertz’s financial statements and from market data vendors for share price and outstanding share counts.

Capital markets activity

Hertz has executed material capital markets transactions to manage liquidity and support fleet investment. Recent types of capital-market actions include:

Debt issuances such as senior notes and exchangeable notes, which can be structured to be convertible or exchangeable into equity under specific terms.
Share issuances tied to restructuring or as part of recapitalization plans.
Fleet financing arrangements, sale-leaseback transactions and other asset-backed liability structures to optimize capital use.

For example, the company has publicly disclosed offerings of exchangeable or convertible debt instruments intended to support operational liquidity or fleet expansion. Investors should read the company’s press releases and SEC filings for details of any such offering and terms that may affect equity dilution.

As of 2026-01-24, according to Hertz press releases, the company disclosed exchangeable senior note transactions in recent periods. See the company’s investor-relations newsroom and the related Form 8-K filings for precise terms and the date of issuance.

Major shareholders and activism

Institutional ownership and activist investors have played visible roles in hertz stock’s public narrative. Large institutions, mutual funds and hedge funds may hold significant stakes, disclosed in quarterly 13F filings and in the company’s beneficial owner disclosures.

Activist involvement can influence corporate strategy and investor expectations. Historically, activist investors have engaged with management teams of travel and mobility companies about capital allocation, fleet strategy and governance measures. For current large holders and any activist stakes affecting hertz stock, consult the latest 13F filings and Schedule 13D/G disclosures filed with the SEC.

Analyst coverage and investor sentiment

Major financial outlets and research analysts cover hertz stock with ratings, price targets and thematic reports. MarketWatch, Reuters and other providers publish analyst summaries and price target consensuses. Investor sentiment around hertz stock often centers on recovery of travel demand, vehicle supply and residual values, fleet financing, and the company’s ability to generate positive free cash flow.

When reading analyst commentary, verify the publication date and the underlying assumptions (e.g., rental day growth, fleet utilization, restructuring adjustments) before drawing conclusions.

Risks and controversies

Several risk categories typically affect hertz stock:

Leverage and refinancing risk: High levels of debt or near-term maturities can strain liquidity and increase sensitivity to market conditions.
Fleet capital requirements: A vehicle fleet requires continuous capital for purchases, maintenance and disposal; changes in used-vehicle prices can materially affect earnings.
Travel demand cyclicality: Hertz’s revenue is sensitive to business and leisure travel cycles and macroeconomic factors.
Legal and regulatory risks: Litigation, consumer regulations or compliance issues could influence financial results and reputation.
Volatility and marketplace perception: Past restructurings and activist campaigns demonstrate that sentiment-driven moves can cause rapid price swings in hertz stock.

Investors should consult risk disclosures in Hertz’s Form 10-K and Form 10-Q for a comprehensive list of company-identified risks.

Corporate governance and management

Hertz’s board structure and executive leadership (CEO, CFO and other key officers) are disclosed in the company’s proxy statements and investor-relations materials. Governance matters that can affect hertz stock include board composition changes, executive appointments, compensation policies and any governance changes adopted as part of restructuring or investor demands.

Tracking the company’s proxy statements (DEF 14A) and investor-relations releases provides authoritative information on directors, executive officers and governance policies.

How to follow hertz stock and find authoritative sources

To follow hertz stock and verify facts:

Check the company’s investor relations website for press releases, quarterly results and presentations.
Review the company’s Form 10-K and Form 10-Q filings on the SEC’s EDGAR system for audited and unaudited financial statements.
Use the Nasdaq quote page and MarketWatch for price data, historical charts, 52-week ranges and volume.
Consult Reuters/Refinitiv or other reputable data vendors for aggregated news coverage and market data.

As of 2026-01-24, according to Nasdaq and MarketWatch, real-time quotes, last trade price and volume for hertz stock are available on exchange pages and financial news platforms. For corporate actions such as offerings or restructurings, consult Hertz’s investor-relations newsroom and related SEC filings for precise dates and documentation.

Practical notes for beginners

Confirm the ticker: Verify that HTZ (or any other ticker you see) represents the common shares you intend to follow or trade.
Check the exchange: Ensure you are viewing quotes on the primary exchange where hertz stock trades.
Read filings: The 10-K and 10-Q provide inflation-adjusted figures, debt schedules and management discussion — essential context for understanding financial health.
Be mindful of dilution: Exchangeable or convertible instruments and post-restructuring share issuances can change outstanding share counts.

Capital markets example: exchangeable senior notes

Hertz has used exchangeable and convertible instruments in recent capital-markets activity. These instruments can be structured so that, under defined conditions, holders can exchange notes for common stock. Such transactions require careful reading of offering memoranda and the related Form 8-K or registration statements to understand conversion ratios, caps on exchanges and any anti-dilution features.

Investors tracking hertz stock should monitor these filings to measure potential dilution that could affect per-share metrics.

Data transparency and where numbers come from

Authoritative, verifiable sources for hertz stock data include:

Hertz investor relations press releases and newsroom entries.
SEC filings (Form 10-K, Form 10-Q, Form 8-K, Registration Statements, Schedule 13D/G and Form 4 filings).
Exchange quote pages (Nasdaq) and financial data providers (MarketWatch, Reuters/Refinitiv, Google Finance).

As of 2026-01-24, according to Nasdaq’s HTZ quote page and MarketWatch summaries, hertz stock metrics such as closing price and volume are published by the exchange and aggregated by major data vendors. For historical context on restructuring, see Hertz’s public filings and audited annual reports.

Major headlines and sample chronology (illustrative)

2020 — Chapter 11 filing during the travel demand collapse; major effect on equity value and capital structure.
Post-2020 — Restructuring and recapitalization efforts, issuance of new securities and possible relisting actions that reshaped ownership.
Recent periods — Capital markets activity including debt offerings and fleet financing to support operations and recovery.

For exact dates and transaction details, consult Hertz’s investor relations newsroom and the SEC filings tied to each announcement.

Where hertz stock intersects with web3 and Bitget services

There is no widely recognized cryptocurrency token named "Hertz" tied to Hertz Global Holdings, Inc. The term hertz stock refers to traditional equity securities. For users interested in trading equities and monitoring markets with modern custody solutions, Bitget provides spot and derivatives trading services and Bitget Wallet offers custody for on-chain assets. If you plan to trade equities or related derivatives on regulated venues, ensure you use licensed brokers and check whether your chosen platform supports the product and jurisdiction.

Call to action: Explore Bitget to view market data tools and consider creating a Bitget Wallet for secure custody of any on-chain assets you hold alongside your market research.

References and sourcing notes

This article uses Hertz’s investor relations materials and routine market-data providers as primary sources for company disclosures and market metrics. For timely verification of hertz stock price and volume, consult Nasdaq, MarketWatch and Reuters. For corporate events, offering terms and filings, refer to Hertz’s press releases and its filings on the SEC’s EDGAR system.

As of 2026-01-24, according to Nasdaq and MarketWatch, investors can access the latest quotes, 52-week ranges and averaged volume metrics for hertz stock on exchange and market-data pages.

Disclaimer: This article is informational and does not constitute investment advice. It summarizes public information about hertz stock and suggests official sources for verification. Always consult licensed professionals for investment decisions.

Further exploration and next steps

To stay current on hertz stock developments:

Subscribe to Hertz’s investor-relations announcements and SEC filings.
Use Nasdaq and MarketWatch for real-time price updates and historical charts.
For custody and on-chain asset management alongside your market research, consider Bitget Wallet and Bitget’s market tools.

Explore more market guides and tools on Bitget to support your research and trading workflows.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.