Heartland Express, Inc. (HTLD) To Go Ex-Dividend on June 23rd

Heartland Express, Inc. (NASDAQ:HTLDGet Free Report) announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.02 per share by the transportation company on Monday, July 6th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 23rd.

Heartland Express has a payout ratio of 22.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Heartland Express to earn $0.50 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 16.0%.

Heartland Express Price Performance

Shares of NASDAQ HTLD opened at $14.43 on Friday. The firm has a 50-day simple moving average of $13.67 and a 200-day simple moving average of $11.41. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of -25.77 and a beta of 1.31. Heartland Express has a 52 week low of $6.99 and a 52 week high of $16.64.

Heartland Express (NASDAQ:HTLDGet Free Report) last posted its quarterly earnings results on Friday, April 24th. The transportation company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.07. The firm had revenue of $153.81 million for the quarter, compared to analyst estimates of $177.30 million. Heartland Express had a negative net margin of 5.69% and a negative return on equity of 3.70%. Heartland Express’s quarterly revenue was down 19.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.18) earnings per share. On average, equities analysts predict that Heartland Express will post 0.04 earnings per share for the current fiscal year.

Heartland Express Company Profile

(Get Free Report)

Heartland Express, Inc (NASDAQ: HTLD) is a publicly traded truckload carrier headquartered in North Liberty, Iowa. The company specializes in full truckload transportation, offering dry-van services that connect shippers with customers across the continental United States. Its primary focus is on over-the-road freight movements, serving industries such as manufacturing, retail, and consumer goods.

Founded in 1978 as Heartland Motor Freight, the company has grown from a regional carrier into one of the larger U.S.

Further Reading

Dividend History for Heartland Express (NASDAQ:HTLD)

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