Heidrick & Struggles International, Inc. (HSII) To Go Ex-Dividend on May 15th

Heidrick & Struggles International, Inc. (NASDAQ:HSII) declared a quarterly dividend on Monday, May 6th, Zacks reports. Investors of record on Thursday, May 16th will be paid a dividend of 0.15 per share by the business services provider on Thursday, May 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Wednesday, May 15th.

Heidrick & Struggles International has a payout ratio of 19.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Heidrick & Struggles International to earn $3.01 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 19.9%.

Heidrick & Struggles International Stock Up 5.1 %

Heidrick & Struggles International stock traded up $1.51 during trading hours on Wednesday, hitting $30.93. The stock had a trading volume of 101,197 shares, compared to its average volume of 132,951. Heidrick & Struggles International has a 12-month low of $22.52 and a 12-month high of $35.38. The stock has a market capitalization of $625.10 million, a P/E ratio of 11.10, a price-to-earnings-growth ratio of 0.77 and a beta of 0.88. The stock’s 50-day moving average price is $31.62 and its 200-day moving average price is $29.21.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, February 26th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. Heidrick & Struggles International had a return on equity of 13.81% and a net margin of 5.23%. The business had revenue of $253.16 million for the quarter, compared to the consensus estimate of $248.17 million. On average, research analysts expect that Heidrick & Struggles International will post 2.41 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on HSII shares. Truist Financial upped their target price on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the company a “hold” rating in a research note on Tuesday. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Tuesday, March 12th. TheStreet upgraded shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research note on Monday, February 12th. Finally, Barrington Research restated an “outperform” rating and issued a $40.00 price target on shares of Heidrick & Struggles International in a research note on Monday, March 4th.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.