Heidrick & Struggles International, Inc. Declares Quarterly Dividend of $0.15 (NASDAQ:HSII)

Heidrick & Struggles International, Inc. (NASDAQ:HSII) declared a quarterly dividend on Monday, November 3rd. Stockholders of record on Thursday, November 13th will be paid a dividend of 0.15 per share by the business services provider on Wednesday, November 26th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, November 13th.

Heidrick & Struggles International has a dividend payout ratio of 17.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Heidrick & Struggles International to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 20.7%.

Heidrick & Struggles International Trading Down 0.0%

HSII stock traded down $0.01 during trading on Tuesday, hitting $58.76. The company had a trading volume of 75,861 shares, compared to its average volume of 169,598. Heidrick & Struggles International has a fifty-two week low of $36.87 and a fifty-two week high of $58.80. The business has a 50 day moving average of $53.47 and a 200 day moving average of $47.54. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 36.95, a P/E/G ratio of 1.15 and a beta of 1.03.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, November 3rd. The business services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.07. Heidrick & Struggles International had a return on equity of 14.85% and a net margin of 2.92%.The company had revenue of $322.84 million for the quarter, compared to the consensus estimate of $305.19 million. As a group, equities analysts predict that Heidrick & Struggles International will post 2.68 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on HSII shares. Truist Financial boosted their price objective on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the stock a “hold” rating in a research report on Monday, October 6th. Barrington Research set a $59.00 price objective on Heidrick & Struggles International in a research note on Thursday, October 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of Heidrick & Struggles International in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Heidrick & Struggles International currently has an average rating of “Hold” and a consensus target price of $59.00.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.