Heartland Express Inc. (NASDAQ:HTLD) announced a quarterly dividend on Monday, November 21st. Stockholders of record on Tuesday, December 6th will be paid a dividend of 0.02 per share on Friday, December 16th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend is Friday, December 2nd.

Shares of Heartland Express (NASDAQ:HTLD) opened at 21.70 on Friday. The stock has a 50 day moving average price of $19.44 and a 200-day moving average price of $18.68. The stock has a market cap of $1.81 billion, a P/E ratio of 30.14 and a beta of 0.35. Heartland Express has a 12 month low of $15.36 and a 12 month high of $22.28.

Heartland Express (NASDAQ:HTLD) last posted its quarterly earnings results on Thursday, October 20th. The company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.01. Heartland Express had a return on equity of 12.59% and a net margin of 9.31%. The company earned $149.30 million during the quarter, compared to analyst estimates of $162.30 million. During the same period last year, the company posted $0.17 earnings per share. The company’s revenue was down 18.2% compared to the same quarter last year. On average, analysts forecast that Heartland Express will post $0.67 EPS for the current fiscal year.

Dividend History for Heartland Express (NASDAQ:HTLD)

Several large investors have recently added to or reduced their stakes in HTLD. American Century Companies Inc. boosted its stake in Heartland Express by 15.8% in the second quarter. American Century Companies Inc. now owns 9,221,141 shares of the company’s stock valued at $160,356,000 after buying an additional 1,259,396 shares during the last quarter. Weiss Multi Strategy Advisers LLC boosted its stake in Heartland Express by 1,081.5% in the second quarter. Weiss Multi Strategy Advisers LLC now owns 139,787 shares of the company’s stock valued at $2,431,000 after buying an additional 127,956 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Heartland Express by 5.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,452,629 shares of the company’s stock valued at $25,261,000 after buying an additional 81,295 shares during the last quarter. BlackRock Fund Advisors boosted its stake in Heartland Express by 1.8% in the second quarter. BlackRock Fund Advisors now owns 3,493,116 shares of the company’s stock valued at $60,745,000 after buying an additional 63,180 shares during the last quarter. Finally, FMR LLC boosted its stake in Heartland Express by 3.8% in the second quarter. FMR LLC now owns 1,465,400 shares of the company’s stock valued at $25,484,000 after buying an additional 53,120 shares during the last quarter. Institutional investors and hedge funds own 59.71% of the company’s stock.

A number of research firms have recently weighed in on HTLD. CL King reaffirmed a “neutral” rating on shares of Heartland Express in a research note on Thursday, August 25th. Wedbush reaffirmed a “neutral” rating and issued a $12.00 price target (down from $17.00) on shares of Heartland Express in a research note on Thursday, August 25th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Heartland Express in a research note on Thursday, August 25th. Nomura reaffirmed a “buy” rating and issued a $14.00 price target (down from $17.00) on shares of Heartland Express in a research note on Friday, August 26th. Finally, FBR & Co reaffirmed a “market perform” rating and issued a $13.00 price target (down from $18.00) on shares of Heartland Express in a research note on Friday, August 26th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company. Heartland Express has a consensus rating of “Hold” and an average target price of $16.53.

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About Heartland Express

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.

5 Day Chart for NASDAQ:HTLD

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