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

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) announced a quarterly dividend on Monday, May 5th, RTT News reports. Shareholders of record on Thursday, May 15th will be given a dividend of 0.15 per share by the business services provider on Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Thursday, May 15th.

Heidrick & Struggles International has a dividend payout ratio of 18.1% meaning its dividend is sufficiently covered by earnings. Research 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 Price Performance

Shares of Heidrick & Struggles International stock traded down $0.13 on Friday, reaching $42.37. 100,470 shares of the company were exchanged, compared to its average volume of 156,257. The stock's 50 day moving average price is $41.41 and its 200-day moving average price is $43.43. The company has a market cap of $873.71 million, a P/E ratio of 22.90, a price-to-earnings-growth ratio of 0.91 and a beta of 0.98. Heidrick & Struggles International has a 1-year low of $30.20 and a 1-year high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The business services provider reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The company had revenue of $287.44 million during the quarter, compared to analysts' expectations of $267.42 million. On average, research analysts predict that Heidrick & Struggles International will post 2.68 earnings per share for the current fiscal year.

Insider Activity at Heidrick & Struggles International

In other news, CEO Thomas L. Monahan purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the purchase, the chief executive officer now directly owns 144,834 shares of the company's stock, valued at $6,597,188.70. This represents a 3.58 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.43% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HSII. Truist Financial raised their price target on Heidrick & Struggles International from $42.00 to $44.00 and gave the company a "hold" rating in a research note on Tuesday, April 15th. Barrington Research boosted their target price on Heidrick & Struggles International from $50.00 to $52.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th.

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.