Last $24.15 USD
Change Today +0.37 / 1.56%
Volume 662.1K
HTLD On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

heartland express inc (HTLD) Snapshot

Open
$23.53
Previous Close
$23.78
Day High
$24.23
Day Low
$23.51
52 Week High
07/24/14 - $24.23
52 Week Low
10/9/13 - $13.74
Market Cap
2.1B
Average Volume 10 Days
524.1K
EPS TTM
$0.62
Shares Outstanding
87.8M
EX-Date
06/18/14
P/E TM
39.0x
Dividend
$0.08
Dividend Yield
0.33%
Current Stock Chart for HEARTLAND EXPRESS INC (HTLD)

heartland express inc (HTLD) Related Bloomberg News

View More Bloomberg News

heartland express inc (HTLD) Related Businessweek News

View More BusinessWeek News

heartland express inc (HTLD) Details

Heartland Express, Inc., through its subsidiaries, operates as a short-to-medium-haul truckload carrier of general commodities in the United States and Canada. The company provides regional dry van truckload services through its regional terminals; and transports freight for shippers using owned and leased equipment, and independent contractor tractors, as well as temperature-controlled truckload, dedicated truckload, and freight brokerage services. It transports appliances, automotive parts, consumer products, paper products, packaged foodstuffs, and retail goods. The company primarily serves retailers and manufacturers. Heartland Express, Inc. was founded in 1978 and is headquartered in North Liberty, Iowa.

5,220 Employees
Last Reported Date: 03/3/14
Founded in 1978

heartland express inc (HTLD) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $300.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $262.4K
Executive Vice President of Operations & Mark...
Total Annual Compensation: $260.0K
Vice President, Secretary and Controller
Total Annual Compensation: $150.0K
Vice President of Operations
Total Annual Compensation: $133.2K
Compensation as of Fiscal Year 2013.

heartland express inc (HTLD) Key Developments

Heartland Express, Inc. Reports Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2014; Provides Capital Expenditures Guidance for the Second Half and Full Year 2014

Heartland Express, Inc. reported unaudited consolidated earnings results for second quarter and six months ended June 30, 2014. For the quarter, the company’s operating revenue was $226,785,000 against $133,992,000 a year ago. Operating income was $40,642,000 against $29,375,000 a year ago. Income before income tax was $40,616,000 against $29,504,000 a year ago. Net income was $26,472,000 against $19,138,000 a year ago. Basic and diluted EPS was $0.30 against $0.23 a year ago. Operating revenues increased 69.3% primarily due to increased miles associated with the November 11, 2013 acquisition of Gordon Trucking, Inc. Operating revenues for the quarter included fuel surcharge revenues of $46.2 million compared to $27.3 million in the same period of 2013. Operating income for the three-month period was positively impacted by a $5.2 million increase in gains on disposal of property and equipment. For the six months, the company’s operating revenue was $451,265,000 against $268,265,000 a year ago. Operating income was $61,330,000 against $59,583,000 a year ago. Income before income tax was $61,185,000 against $59,836,000 a year ago. Net income was $40,551,000 against $38,874,000 a year ago. Basic and diluted EPS was $0.46 against $0.46 a year ago. Operating revenues increased 68.2% primarily due to increased miles associated with the GTI acquisition. Operating income for the six month period was negatively impacted by a $3.9 million decrease in gains on disposal of property and equipment. Net cash flows from operations for the first six months of 2014 continued to be strong at 17.3% of operating revenues during 2014 or $78.1 million. The primary uses of cash during the six month period ended June 30, 2014 were $32.0 million for the repayment of long-term debt obligations, net capital expenditures of $43.0 million related to tractor and trailer fleet upgrades, and an additional payment of $3.0 million related to post-closing true up of working capital on the acquisition of GTI. The company ended the past twelve months with a return on total assets of 10.6% and an 18.2% return on equity compared to 12.9% and 20.2%, respectively, during the twelve month period ending June 30, 2013. The company currently anticipates net capital expenditures of approximately $94.0 million in the second half of 2014 with $137.0 million anticipated for the 2014 calendar year.

Heartland Express, Inc. Declares Regular Quarterly Dividend, Payable on July 2, 2014

The Board of Directors of Heartland Express, Inc. announced the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on July 2, 2014 to shareholders of record at the close of business on June 20, 2014.

Heartland Express, Inc. Reports Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2014; Provides Capital Expenditures Guidance for 2014

Heartland Express, Inc. reported consolidated unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating revenue of $224,481,000 compared with $134,273,000 for the same period last year. Operating income was $20,688,000 compared with $30,207,000 for the same period last year. Income before income taxes was $20,569,000 compared with $30,330,000 for the same period last year. Net income was $14,079,000 or $0.16 diluted per share compared with $19,734,000 or $0.23 diluted per share for the same period last year. Operating income was positively impacted by a $1.4 million reduction in depreciation expense attributable to changing to the 125% declining balance method in the third quarter of 2013 and was negatively impacted by a $9.1 million decrease in gains on disposal of property and equipment. Net cash flows from operations continued to be strong at 14.3% of operating revenues during 2014 or $32.0 million. Net capital expenditures during the quarter of $16.7 million mainly related to tractor fleet upgrades, and an additional payment of $3.0 million related to the acquisition of GTI. The company currently anticipates net capital expenditures of approximately $115.0 million for the 2014 calendar year.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HTLD:US $24.15 USD +0.37

HTLD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ArcBest Corp $43.21 USD +0.47
Hub Group Inc $48.54 USD +0.41
Landstar System Inc $68.42 USD +1.03
UTi Worldwide Inc $10.31 USD +0.03
Werner Enterprises Inc $26.12 USD +0.12
View Industry Companies
 

Industry Analysis

HTLD

Industry Average

Valuation HTLD Industry Range
Price/Earnings 28.6x
Price/Sales 2.7x
Price/Book 4.8x
Price/Cash Flow 13.0x
TEV/Sales 2.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HEARTLAND EXPRESS INC, please visit www.heartlandexpress.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.