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. Stockholders 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 annualized dividend and a dividend yield of 1.42%.

Heidrick & Struggles International has a dividend payout ratio of 21.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Heidrick & Struggles International to earn $2.85 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 21.1%.

Heidrick & Struggles International Stock Up 5.9 %

Shares of NASDAQ HSII opened at $42.28 on Wednesday. The company has a market cap of $859.00 million, a price-to-earnings ratio of 22.85, a price-to-earnings-growth ratio of 0.94 and a beta of 0.85. Heidrick & Struggles International has a 12-month low of $24.90 and a 12-month high of $43.23. The firm’s 50-day simple moving average is $38.03 and its 200 day simple moving average is $35.47.

Heidrick & Struggles International (NASDAQ:HSII) last released its earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. The company had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a return on equity of 12.66% and a net margin of 3.59%. During the same quarter in the previous year, the company posted $0.73 earnings per share. On average, equities analysts expect that Heidrick & Struggles International will post 2.62 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on HSII. StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Truist Financial reiterated a “hold” rating and issued a $40.00 target price (up from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday. Finally, Barrington Research reissued an “outperform” rating and issued a $44.00 price target on shares of Heidrick & Struggles International in a report on Friday, September 20th.

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.