Welcome to our dedicated page for Heartland Expr news (Ticker: HTLD), a resource for investors and traders seeking the latest updates and insights on Heartland Expr stock.
Heartland Express, Inc. (NASDAQ: HTLD) is a truckload carrier in the general freight trucking industry, based in North Liberty, Iowa and incorporated in Nevada. News about Heartland Express typically centers on its operating results, dividend declarations, and developments across its family of operating brands, which include Heartland Express, Millis Transfer, Smith Transport, and Contract Freighters, Inc. (CFI).
On this page, readers can follow quarterly and annual earnings announcements, where the company reports operating revenue, operating ratio, net income or loss, and cash flow metrics. These releases often discuss the performance of each operating brand, progress on integrating acquisitions, and the impact of freight market conditions on volumes, pricing, and operating costs. Heartland Express also explains its use of non-GAAP measures such as operating revenue excluding fuel surcharge revenue and adjusted operating ratio, with reconciliations provided in accompanying tables.
Heartland Express news also includes regular quarterly cash dividend announcements. The Board of Directors has declared a series of $0.02 per share regular quarterly cash dividends, and the company highlights the number of consecutive quarters in which dividends have been paid, along with cumulative cash dividends and the history of four special dividends since the dividend program began in the third quarter of 2003.
Additional news items may cover participation in investor conferences, where company representatives take part in fireside chats and presentations, and industry and customer awards recognizing Heartland Express and its brands for on-time service, fleet safety, and carrier performance. Investors and observers can use this news feed to review how Heartland Express describes its operating environment, cost structure, capital allocation priorities, and service performance over time.
The Board of Directors of Heartland Express has declared a quarterly cash dividend of $0.02 per share, to be paid on July 7, 2022. This payment will go to shareholders of record as of June 27, 2022, with an estimated total outlay of $1.6 million for its 79 million shares. This marks the company's 76th consecutive quarterly dividend, bringing the total cash dividends paid since the program's inception in 2003 to $539.4 million.
Heartland Express, Inc. (NASDAQ: HTLD) announced the acquisition of Smith Transport, Inc. for approximately $170 million. This strategic move aims to enhance Heartland's operational capabilities and service offerings in the truckload transportation industry. The acquisition is expected to be accretive to earnings per share immediately. Smith Transport, founded in 1982, operates a modern fleet and serves a blue-chip customer base. The purchase includes both equity and real estate, with the latter valued at $14 million.
Heartland Express, Inc. (HTLD) reported Q1 2022 financial results with net income of $16.8 million, a 25.3% increase in EPS to $0.21. Operating revenue was $151.3 million, slightly down from $152.4 million in Q1 2021. Operating income reached $22.4 million, reflecting a 22.5% increase. The operating ratio improved to 85.2%, with cash balances up to $187.1 million. Despite strong freight demand, hiring challenges persist. The company remains debt-free and committed to dividend payments and stock repurchases.
The Board of Directors of Heartland Express declared a quarterly cash dividend of $0.02 per share, set to be paid on April 5, 2022, to shareholders of record by March 25, 2022. This dividend represents a total payout of approximately $1.6 million across the company's 78.9 million shares. With this announcement, Heartland Express continues its strong history, marking the 75th consecutive quarterly dividend paid, accumulating to $537.8 million in cash dividends since the program's inception in 2003.
Heartland Express (HTLD) reported strong financial results for the year ended December 31, 2021, achieving a net income of $79.3 million and a record EPS of $1.00. Operating revenue reached $607.3 million, despite a slight decrease from the previous year. The company maintained a debt-free balance sheet with cash reserves of $157.7 million. In Q4, net income rose to $20.3 million, up 15.1% year-over-year. The operating ratio was 82.1%, reflecting operational efficiency, while dividends returned $46 million to shareholders.
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Heartland Express (HTLD) announced a regular quarterly cash dividend of $0.02 per share, payable on December 17, 2021, to shareholders of record by the close of business on December 7, 2021. This marks the company's 74th consecutive quarterly dividend, bringing total cash dividends paid to approximately $536.3 million since the program's inception in 2003. A total of about $1.6 million will be distributed across the 79 million shares outstanding.
Heartland Express, Inc. (Nasdaq: HTLD) will participate in the virtual Baird 2021 Global Industrial Conference on November 9, 2021, at 9:40 AM ET. The company, based in North Liberty, Iowa, specializes in irregular route truckload carrier services across the United States, emphasizing medium to short haul regional freight. Heartland Express aims to provide industry-leading on-time service to help clients meet their shipping needs effectively. More information can be found on their website.
Summary not available.
Heartland Express reported strong financial results for Q3 2021, with net income of $24.5 million and basic earnings per share (EPS) of $0.31. Total operating revenue reached $152.6 million, despite a slight decline from the previous year. The company maintained a cash balance of $180.4 million and a debt-free balance sheet. The operating ratio improved to 78.2%, marking the best result since 2013. A special dividend of $0.50 per share was paid on October 1, 2021, showcasing the company's commitment to shareholders.
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