Heartland Express, Inc. (NASDAQ:HTLD) declared a quarterly dividend on Tuesday, March 14th. Stockholders of record on Friday, March 24th will be paid a dividend of 0.02 per share on Monday, April 3rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend is Wednesday, March 22nd.
Heartland Express (NASDAQ:HTLD) opened at 20.13 on Tuesday. The stock’s 50 day moving average is $20.45 and its 200-day moving average is $20.03. Heartland Express has a 12 month low of $16.55 and a 12 month high of $22.69. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 29.73 and a beta of 0.41.
Heartland Express (NASDAQ:HTLD) last posted its quarterly earnings results on Thursday, January 26th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The firm had revenue of $140 million for the quarter, compared to analyst estimates of $152.24 million. Heartland Express had a net margin of 9.20% and a return on equity of 11.56%. Heartland Express’s quarterly revenue was down 19.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 earnings per share. On average, equities research analysts expect that Heartland Express will post $0.68 earnings per share for the current year.
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HTLD has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Heartland Express from a “hold” rating to a “sell” rating in a research report on Tuesday, February 14th. Stifel Nicolaus upgraded shares of Heartland Express from a “sell” rating to a “hold” rating and boosted their price target for the stock from $18.00 to $19.00 in a research report on Friday, February 10th. Finally, Seaport Global Securities initiated coverage on shares of Heartland Express in a research report on Friday, December 16th. They set a “neutral” rating on the stock. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $16.62.
In other Heartland Express news, Director Larry J. Gordon sold 95,386 shares of the business’s stock in a transaction dated Wednesday, February 8th. The shares were sold at an average price of $20.01, for a total value of $1,908,673.86. Following the transaction, the director now directly owns 381,547 shares in the company, valued at approximately $7,634,755.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 45.30% of the company’s stock.
Heartland Express Company Profile
Heartland Express, Inc (Heartland) is a holding company. The Company owns all of the stock of Heartland Express Inc of Iowa, Gordon Trucking, Inc, Heartland Express Services, Inc, Heartland Express Maintenance Services, Inc and A & M Express, Inc It provides transportation services to shippers spanning from Washington to Florida and New England to California, as well as parts of Canada.
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