Heartland Express declared a $0.02 quarterly dividend, payable October 3, 2025, marking its eighty-ninth consecutive dividend.
Quiver AI Summary
Heartland Express, Inc. announced a regular quarterly cash dividend of $0.02 per share, which will be payable on October 3, 2025, to shareholders of record as of September 23, 2025. This marks the company's eighty-ninth consecutive quarterly dividend, totaling an estimated $1.6 million to be distributed among approximately seventy-eight million shares outstanding. Since the initiation of its dividend program in 2003, Heartland Express has paid a total of $559.9 million in cash dividends, including four special dividends. The release also contains forward-looking statements subject to risks and uncertainties, with no obligation for the company to update these statements in the future. For further inquiries, contact details for the CEO and CFO are provided.
Potential Positives
- Announcement of a regular quarterly cash dividend of $0.02 per share, reflective of the company's commitment to returning value to shareholders.
- This marks the Company's eighty-ninth consecutive quarterly cash dividend, indicating a strong and consistent performance over a long period.
- The total cash dividends paid since the program's inception now amount to $559.9 million, showcasing the company's dedication to shareholder rewards and financial stability.
- Estimates suggest a total of $1.6 million will be distributed to shareholders, affirming the company's ability to generate cash flow for dividends despite market conditions.
Potential Negatives
- The announced dividend amount of $0.02 per share may be perceived as low, potentially indicating limited cash flow or profitability compared to industry peers.
- The reference to risks and uncertainties in forward-looking statements may raise concerns among investors about the company's future performance.
- While the company has maintained a regular dividend, the substantial total cash dividends paid since the program's inception could create pressure for maintaining dividend levels amid changing market conditions.
FAQ
What is the amount of the declared dividend by Heartland Express, Inc.?
The declared quarterly cash dividend is $0.02 per share.
When will the dividend payment be issued?
The dividend will be paid on October 3, 2025.
What is the total estimated dividend payout for this quarter?
The total estimated payout is $1.6 million.
How many consecutive quarterly dividends has Heartland Express paid?
Heartland Express has paid eighty-nine consecutive quarterly cash dividends.
When was the dividend program first implemented?
The dividend program was implemented in the third quarter of 2003.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HTLD Insider Trading Activity
$HTLD insiders have traded $HTLD stock on the open market 11 times in the past 6 months. Of those trades, 11 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $HTLD stock by insiders over the last 6 months:
- S. GERDIN REVOCABLE TRUST ANN has made 4 purchases buying 564,337 shares for an estimated $4,593,577 and 0 sales.
- MICHAEL J GERDIN (Chief Executive Officer) has made 5 purchases buying 326,544 shares for an estimated $2,670,577 and 0 sales.
- JAMES G PRATT purchased 6,571 shares for an estimated $58,876
- AMANDA HUPFELD purchased 2,000 shares for an estimated $17,520
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HTLD Hedge Fund Activity
We have seen 101 institutional investors add shares of $HTLD stock to their portfolio, and 108 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWMARK COLORADO HOLDINGS LLC removed 2,876,430 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $26,520,684
- 325 CAPITAL LLC removed 1,135,015 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $10,464,838
- FMR LLC added 1,047,324 shares (+4135.4%) to their portfolio in Q2 2025, for an estimated $9,048,879
- GATE CITY CAPITAL MANAGEMENT, LLC added 1,009,388 shares (+167.6%) to their portfolio in Q2 2025, for an estimated $8,721,112
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 498,287 shares (-69.2%) from their portfolio in Q2 2025, for an estimated $4,305,199
- NUVEEN, LLC removed 402,936 shares (-58.1%) from their portfolio in Q2 2025, for an estimated $3,481,367
- RENAISSANCE TECHNOLOGIES LLC added 375,033 shares (+1217.6%) to their portfolio in Q2 2025, for an estimated $3,240,285
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HTLD Analyst Ratings
Wall Street analysts have issued reports on $HTLD in the last several months. We have seen 0 firms issue buy ratings on the stock, and 2 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 08/06/2025
- JP Morgan issued a "Underweight" rating on 05/01/2025
To track analyst ratings and price targets for $HTLD, check out Quiver Quantitative's $HTLD forecast page.
$HTLD Price Targets
Multiple analysts have issued price targets for $HTLD recently. We have seen 4 analysts offer price targets for $HTLD in the last 6 months, with a median target of $8.75.
Here are some recent targets:
- Brandon Oglenski from Barclays set a target price of $8.0 on 08/06/2025
- Ravi Shanker from Morgan Stanley set a target price of $11.0 on 08/04/2025
- Daniel Moore from Baird set a target price of $8.5 on 07/28/2025
- Brian Ossenbeck from JP Morgan set a target price of $9.0 on 05/01/2025
Full Release
NORTH LIBERTY, Iowa, Sept. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq: HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on October 3, 2025, to shareholders of record at the close of business on September 23, 2025. We currently estimate that a total of $1.6 million will be paid on the Company's approximate seventy-eight million shares of common stock. This is the Company's eighty-ninth consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $559.9 million in cash dividends, including four special dividends since the dividend program was implemented in the third quarter of 2003.
The press release may contain forward-looking statements, which are based on information currently available. These statements and assumptions involve certain risks and uncertainties. Actual events may differ from these expectations as specified from time to time in filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement to the extent it becomes aware that it will not be achieved for any reason.
For further information contact
Michael J. Gerdin, CEO
Christopher A. Strain, CFO
Heartland Express, Inc.
319-645-7060
