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

Heidrick & Struggles International, Inc. (NASDAQ:HSII) announced a quarterly dividend on Monday, November 4th,RTT News reports. Investors of record on Thursday, November 14th will be given a dividend of 0.15 per share by the business services provider on Thursday, November 21st. This represents a $0.60 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Thursday, November 14th.

Heidrick & Struggles International has a dividend payout ratio of 21.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Heidrick & Struggles International to earn $2.89 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 20.8%.

Heidrick & Struggles International Price Performance

NASDAQ:HSII opened at $47.78 on Wednesday. The firm’s fifty day moving average price is $38.94 and its two-hundred day moving average price is $36.06. The company has a market cap of $975.19 million, a P/E ratio of 25.56, a P/E/G ratio of 1.13 and a beta of 0.85. Heidrick & Struggles International has a one year low of $26.01 and a one year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The firm had revenue of $282.82 million for the quarter, compared to analysts’ expectations of $267.65 million. During the same period in the prior year, the firm earned $0.73 EPS. As a group, equities research analysts expect that Heidrick & Struggles International will post 2.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Truist Financial restated a “hold” rating and issued a $40.00 price target (up from $33.00) on shares of Heidrick & Struggles International in a research note on Tuesday, November 5th. Barrington Research reissued an “outperform” rating and issued a $44.00 target price on shares of Heidrick & Struggles International in a research report on Friday, September 20th. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

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.