Heartland Express

Heartland Express reported Q2 net income of $10.6 million (14 cents per share), a swing from a loss a year earlier, primarily due to a $22 million year‑over‑year gain on equipment sales. Revenue fell 13% year‑over‑year to $184 million and was down 18% excluding fuel; adjusted operating ratio was 88.3% but would be near 103% without the outsized gains. The company reduced net debt by $33 million to $73 million, has $89 million available on its revolver, and plans to continue disposing of excess trailers as used-equipment markets improve. » Mere på finance.yahoo.com

Palm Valley Capital sold its position in Heartland Express during Q2 after the stock rallied to the fund's valuation amid expectations of a trucking-industry recovery. The firm said the freight cycle has been bottoming for an extended period, but Heartland's shares already reflect significantly improved fundamentals. Palm Valley also noted investor uncertainty about automation in trucking could create future opportunities. » Mere på finance.yahoo.com

Heartland Express declared a regular quarterly cash dividend of $0.02 per share, payable on July 6, 2026 to shareholders of record at the close of business on June 23, 2026. Based on roughly 78 million outstanding common shares, the company estimates the total payout at about $1.6 million; at a share price of $16.10 this equates to a yield of 0.49%. This is the 92nd consecutive quarterly dividend; since the dividend program began in 2003, a total of $564.5 million in cash dividends has been paid. » Mere på de.investing.com