Heartland Express, Inc. (NASDAQ:HTLD) declared a quarterly dividend on Monday, November 27th, RTT News reports. Investors of record on Tuesday, December 12th will be paid a dividend of 0.02 per share by the transportation company on Friday, December 22nd. This represents a $0.08 annualized dividend and a yield of 0.36%. The ex-dividend date is Monday, December 11th.
Heartland Express (NASDAQ HTLD) opened at $22.29 on Wednesday. The stock has a market capitalization of $1,885.97, a price-to-earnings ratio of 37.73, a P/E/G ratio of 2.78 and a beta of 0.55. Heartland Express has a 12-month low of $18.71 and a 12-month high of $25.22.
Heartland Express (NASDAQ:HTLD) last announced its earnings results on Friday, October 27th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.08). The company had revenue of $182.10 million for the quarter, compared to the consensus estimate of $205.81 million. Heartland Express had a return on equity of 9.50% and a net margin of 8.54%. The firm’s revenue for the quarter was up 22.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.15 earnings per share. equities analysts predict that Heartland Express will post 0.54 EPS for the current year.
Several research analysts recently issued reports on HTLD shares. TheStreet raised Heartland Express from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. Stifel Nicolaus raised Heartland Express from a “hold” rating to a “buy” rating and raised their target price for the stock from $22.00 to $28.00 in a research report on Friday, September 29th. Zacks Investment Research raised Heartland Express from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Monday, October 9th. Robert W. Baird reaffirmed a “hold” rating and set a $26.00 target price on shares of Heartland Express in a research report on Friday, October 6th. Finally, BidaskClub raised Heartland Express from a “sell” rating to a “hold” rating in a research report on Saturday, August 12th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $24.17.
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About Heartland Express
Heartland Express, Inc is a holding company. The Company is a short-to-medium haul truckload carrier. The Company focuses primarily on short- to medium-haul, asset-based dry van truckload services in regional markets near its terminals. The Company’s truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services and non-asset based brokerage services.
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