Heartland Express (HTLD) to Release Earnings on Tuesday

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

Heartland Express (NASDAQ:HTLD) last issued its quarterly earnings results on Tuesday, January 28th. The transportation company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. Heartland Express had a negative return on equity of 3.57% and a negative net margin of 2.84%. 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 Down 0.1 %

Shares of NASDAQ:HTLD opened at $8.44 on Tuesday. Heartland Express has a 1 year low of $8.11 and a 1 year high of $13.67. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.08 and a quick ratio of 1.17. The business’s 50-day moving average is $9.81 and its 200-day moving average is $10.99. The company has a market capitalization of $662.79 million, a price-to-earnings ratio of -22.81 and a beta of 0.97.

Heartland Express Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, March 25th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend was Tuesday, March 25th. Heartland Express’s dividend payout ratio (DPR) is presently -21.62%.

Analysts Set New Price Targets

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

About Heartland Express

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.