Heartland Express (NASDAQ:HTLD) had declared a cash dividend of $0.0200 on Jun 10, 2016. The shares will quote ex-dividend on Jun 17, 2016 and the record date has been fixed for Jun 21, 2016. On Jun 10, 2016 share price, the yield comes out to be 0.4367%. The dividend payable date has been fixed on Jul 1, 2016.
In a different note, On May 9, 2016, Wells Fargo said it Downgrades its rating on Heartland Express. The shares have been rated ‘Underperform’ by the firm. On Apr 7, 2016, KeyBanc said it Downgrades its rating on Heartland Express. The shares have been rated ‘Sector Weight’ by the firm. On Apr 6, 2016, Barclays said it Maintains its rating on Heartland Express. In the research note, the firm Lowers the price-target to $17.00 per share. The shares have been rated ‘Underweight’ by the firm.
Heartland Express (HTLD) made into the market gainers list on Wednesdays trading session with the shares advancing 0.23% or 0.04 points. Due to strong positive momentum, the stock ended at $17.73, which is also near the day’s high of $17.99. The stock began the session at $17.71 and the volume stood at 4,62,406 shares. The 52-week high of the shares is $22.13 and the 52 week low is $15.36. The company has a current market capitalization of $1,476 M and it has 8,32,34,152 shares in outstanding.
Heartland Express(HTLD) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $162.79M. Analysts had an estimated revenue of $176.83M. Earnings per share were $0.17. Analysts had estimated an EPS of $0.16.
Several Insider Transactions has been reported to the SEC. On Dec 16, 2015, Larry J. Gordon (director) sold 131,000 shares at $17.17 per share price.Also, On Jun 16, 2015, Steven M Gordon (COO of Subsidiary) sold 50,000 shares at $20.58 per share price.On Jun 16, 2015, James G Pratt (director) purchased 2,000 shares at $21.29 per share price, according to the Form-4 filing with the securities and exchange commission.
Heartland Express Inc. (Heartland) is a holding company. The Company owns all of the stock of Heartland Express Inc. of Iowa Gordon Trucking Inc. (GTI) Heartland Express Services Inc. Heartland Express Maintenance Services Inc. and A & M Express Inc. The Company together with its subsidiaries is a short-to-medium haul truckload carrier of general commodities. The Company provides transportation services across the United States and parts of Canada. It offers primarily asset-based transportation services in the dry van truckload market and also offers truckload temperature-controlled transportation services and non-asset based brokerage services. It provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California. The Company operates around 21 terminal facilities throughout the United States.