Heartland Express (HTLD) Expected to Announce Quarterly Earnings on Tuesday

Heartland Express (NASDAQ:HTLD) will likely be posting its quarterly earnings results before the market opens on Tuesday, April 22nd. Analysts expect Heartland Express to post earnings of ($0.06) per share and revenue of $241.37 million for the quarter.

Heartland Express (NASDAQ:HTLD) last posted its earnings results on Tuesday, January 28th. The transportation company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.02. Heartland Express had a negative net margin of 2.84% and a negative return on equity of 3.57%. On average, analysts expect Heartland Express to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Heartland Express Stock Up 2.5 %

Shares of HTLD stock opened at $8.28 on Monday. The company’s fifty day simple moving average is $9.55 and its two-hundred day simple moving average is $10.89. Heartland Express has a 52 week low of $7.98 and a 52 week high of $13.67. The stock has a market cap of $650.23 million, a P/E ratio of -22.38 and a beta of 0.97. The company has a quick ratio of 1.17, a current ratio of 1.08 and a debt-to-equity ratio of 0.23.

Heartland Express Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, March 25th were given a $0.02 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.97%. Heartland Express’s dividend payout ratio is currently -21.62%.

Analyst Upgrades and Downgrades

Separately, Barclays reduced their price objective on Heartland Express from $11.00 to $9.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 2nd.

Heartland Express Company Profile

Heartland Express, Inc, together with its subsidiaries, operates as a short-to-medium, and long-haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services.