Heartland Express (HTLD) Projected to Post Earnings on Tuesday

Heartland Express (NASDAQ:HTLD - Get Free Report) is anticipated to post 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 - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The transportation company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 Performance

Shares of NASDAQ:HTLD traded up $0.20 during midday trading on Friday, hitting $8.28. The company had a trading volume of 385,019 shares, compared to its average volume of 410,957. The company has a market cap of $650.23 million, a price-to-earnings ratio of -22.38 and a beta of 0.97. 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 company has a fifty day moving average of $9.55 and a two-hundred day moving average of $10.89. Heartland Express has a 12-month low of $7.98 and a 12-month high of $13.67.

Heartland Express Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, March 25th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend was Tuesday, March 25th. Heartland Express's dividend payout ratio (DPR) is currently -21.62%.

Wall Street Analysts Forecast Growth

Separately, Barclays decreased their target price on shares of Heartland Express from $11.00 to $9.00 and set an "underweight" rating on the stock 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.