Heartland Expr Stock Price, News & Analysis

Heartland Express reported challenging Q1 2025 financial results with an operating revenue of $219.4 million and a net loss of $13.9 million. The company's performance was impacted by adverse weather in early 2025, tariff uncertainties, and industry-wide challenges where operating costs outpaced freight demand.

Key financial metrics include:

• Basic Loss per Share: $0.18
• Operating Ratio: 106.8%
• Total Assets: $1.3 billion
• Cash Balance: $23.9 million
• Stockholders' Equity: $807.7 million

While the Heartland Express brand remained profitable, other operating brands (Millis Transfer, Smith Transport, and CFI) faced challenges with underutilized assets and driver retention. The company is implementing strategic fleet size reductions and cost measures, though significant market improvements aren't expected until later in 2025. The company maintained its quarterly dividend of $0.02 per share and continues to operate debt-free on its line of credit.

Heartland Express (HTLD) has declared its 87th consecutive quarterly cash dividend of $0.02 per share, payable on April 4, 2025, to shareholders of record as of March 25, 2025. The company expects to distribute approximately $1.6 million across its 78.7 million outstanding common shares.

Since implementing its dividend program in Q3 2003, Heartland Express has distributed a total of $556.8 million in cash dividends, including four special dividends.

Heartland Express (Nasdaq: HTLD) has announced its participation in the upcoming J.P. Morgan Industrials Conference on March 12, 2025. Chief Financial Officer Chris Strain will engage in a fireside chat at 4:40 p.m. Eastern Time.

The regional truckload carrier, based in North Liberty, Iowa, will provide a live webcast of the presentation through their website, with a replay available for 30 days afterward. Heartland Express operates throughout the United States and Mexico, specializing in regional freight services with a focus on industry-leading on-time delivery to help shippers meet their strategic objectives.

Heartland Express (NASDAQ: HTLD) reported its Q4 and full-year 2024 financial results. Q4 showed operating revenue of $242.6 million with an operating income of $1.0 million, resulting in a net loss of $1.9 million ($0.02 per share). The company's operating ratio improved to 99.6%.

For the full year 2024, operating revenue reached $1.0 billion, with an operating loss of $20.2 million and a net loss of $29.7 million ($0.38 per share). The company made significant progress in debt reduction, paying down $100.3 million in 2024, with total debt payments of $295.9 million since its 2022 acquisitions.

Notable improvements were seen in operating ratios across divisions, with Legacy operations improving 360 basis points to 96.3% and Recent Acquisitions improving 710 basis points to 102.6% from Q1 to Q4 2024. The company maintained strong cash flows with a 15.6% operating cash flow margin in Q4.

Heartland Express (Nasdaq: HTLD) has declared its 86th consecutive quarterly cash dividend of $0.02 per share, payable on January 8, 2025, to shareholders of record as of December 27, 2024. The company expects to distribute approximately $1.6 million across its 78.5 million shares of common stock. Since initiating its dividend program in Q3 2003, Heartland Express has paid a total of $555.2 million in cash dividends, including four special dividends.

Heartland Express (Nasdaq: HTLD) has announced that CFO Chris Strain will participate in the 2024 UBS Global Industrials and Transportation Conference on December 4, 2024. The company, based in North Liberty, Iowa, operates as an irregular route truckload carrier serving the United States and Mexico. Heartland Express specializes in regional freight transportation and emphasizes providing industry-leading on-time service to help shippers meet their customers' strategic objectives.

Heartland Express reported challenging Q3 2024 financial results with operating revenue of $259.9 million and a net loss of $9.3 million ($0.12 per share). The company's operating ratio was 102.7%. For the nine months ended September 30, 2024, operating revenue was $804.9 million with a net loss of $27.9 million ($0.35 per share). CEO Mike Gerdin attributed the poor performance to a prolonged recessionary period marked by lower freight demand and excess truck capacity. The company has reduced acquisition-related debt by $94.0 million through Q3 2024. While legacy brands performed better with a 92.3% operating ratio, recently acquired entities showed improvement, with Smith Transport and CFI improving operating ratios by 6 and 5 percentage points respectively.

Heartland Express, Inc. (Nasdaq: HTLD) has announced its 85th consecutive quarterly cash dividend. The Board of Directors declared a regular quarterly dividend of $0.02 per share, payable on October 7, 2024, to shareholders of record as of September 27, 2024. The company estimates a total payout of approximately $1.6 million on its 78.5 million shares of common stock. This dividend continues Heartland Express's long-standing commitment to shareholder returns, with the company having paid a total of $553.6 million in cash dividends since initiating its dividend program in the third quarter of 2003, including four special dividends.

Heartland Express (Nasdaq: HTLD) has announced its participation in the upcoming Morgan Stanley 12th Annual Laguna Conference. The event is scheduled for Thursday, September 12, 2024, with Chris Strain, the company's Chief Financial Officer, representing Heartland Express.

Heartland Express is a North Liberty, Iowa-based irregular route truckload carrier that serves customers throughout the United States and Mexico. The company specializes in regional freight transportation, prioritizing industry-leading on-time service to help shippers meet their strategic goals. Heartland Express's commitment to efficient and reliable service has positioned it as a key player in the trucking industry.