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

Heidrick & Struggles International, Inc. (NASDAQ:HSII) declared a quarterly dividend on Monday, November 4th,RTT News reports. Investors of record on Thursday, November 14th will be paid 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 is Thursday, November 14th.

Heidrick & Struggles International has a dividend payout ratio of 21.1% meaning its dividend is sufficiently covered by earnings. Equities 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. Heidrick & Struggles International has a fifty-two week low of $26.01 and a fifty-two week high of $49.02. The business has a fifty day moving average price of $38.94 and a two-hundred day moving average price of $36.06. The stock has a market capitalization of $975.19 million, a PE ratio of 25.56, a PEG ratio of 1.13 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings data 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. The business had revenue of $282.82 million for the quarter, compared to analyst estimates of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same period last year, the firm posted $0.73 earnings per share. As a group, sell-side analysts expect that Heidrick & Struggles International will post 2.67 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Barrington Research reiterated an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a research report on Friday, September 20th. Truist Financial reissued a “hold” rating and set a $40.00 price objective (up previously from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday, November 5th. Finally, StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th.

Heidrick & Struggles International Company Profile

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.