Heidrick & Struggles International, Inc. (NASDAQ:HSII) Announces Quarterly Dividend of $0.15

Heidrick & Struggles International, Inc. (NASDAQ:HSII) announced a quarterly dividend on Monday, May 5th, RTT News reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.15 per share by the business services provider on Thursday, May 29th. This represents a $0.60 annualized dividend and a dividend yield of 1.53%.

Heidrick & Struggles International has a payout ratio of 18.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Heidrick & Struggles International to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 20.7%.

Heidrick & Struggles International Stock Down 1.3 %

HSII stock opened at $39.19 on Tuesday. The company’s 50-day moving average price is $41.40 and its two-hundred day moving average price is $43.38. The firm has a market cap of $808.29 million, a P/E ratio of 21.18, a P/E/G ratio of 0.91 and a beta of 0.98. Heidrick & Struggles International has a 12 month low of $29.03 and a 12 month high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The business had revenue of $287.44 million for the quarter, compared to analyst estimates of $267.42 million. Equities analysts predict that Heidrick & Struggles International will post 2.68 EPS for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on HSII shares. Truist Financial upped their price objective on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Tuesday, April 15th. Barrington Research increased their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, March 5th.

Insider Buying and Selling at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the company’s stock in a transaction dated Thursday, March 6th. The stock was bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the purchase, the chief executive officer now owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. The trade was a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.43% of the company’s stock.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.