Hawaiian Holdings, Inc. (NASDAQ:HA) Declares Quarterly Dividend of $0.12

Hawaiian Holdings, Inc. (NASDAQ:HA) declared a quarterly dividend on Friday, July 19th, NASDAQ reports. Investors of record on Friday, August 16th will be paid a dividend of 0.12 per share by the transportation company on Friday, August 30th. This represents a $0.48 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, August 15th.

HA traded up $0.40 during trading on Tuesday, reaching $26.00. The company had a trading volume of 375 shares, compared to its average volume of 704,411. The company has a 50-day moving average of $27.00. The firm has a market capitalization of $1.22 billion, a P/E ratio of 4.77 and a beta of 1.80. Hawaiian has a 12-month low of $24.24 and a 12-month high of $44.25. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.98.

Hawaiian (NASDAQ:HA) last issued its quarterly earnings results on Tuesday, July 30th. The transportation company reported $1.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.04 by $0.19. The firm had revenue of $712.19 million for the quarter, compared to analysts’ expectations of $704.74 million. Hawaiian had a return on equity of 24.26% and a net margin of 7.76%. Hawaiian’s revenue was down .5% on a year-over-year basis. During the same quarter last year, the business posted $1.44 EPS. Analysts anticipate that Hawaiian will post 3.98 earnings per share for the current fiscal year.

A number of equities analysts recently weighed in on the company. Buckingham Research dropped their price target on Hawaiian from $33.00 to $29.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 31st. ValuEngine cut Hawaiian from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 6th. BidaskClub cut Hawaiian from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Macquarie cut Hawaiian from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $35.00 to $29.00 in a research note on Monday, July 29th. Finally, Cowen reissued a “market perform” rating and issued a $29.00 price target (down previously from $31.00) on shares of Hawaiian in a research note on Wednesday, July 31st. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $29.89.

Hawaiian Company Profile

Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; Seattle, Washington, and New York City, New York.

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Dividend History for Hawaiian (NASDAQ:HA)

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