NASDAQ:JBHT

J.B. Hunt Transport Services (JBHT) Stock Forecast, Price & News

$185.59

-0.89 (-0.48%)

(As of 09/27/2023 ET)

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Today's Range: $183.61
▼
$189.96
50-Day Range: $181.91
▼
$208.24
52-Week Range: $156.28
▼
$209.21

Volume: 781,626 shs
Average Volume: 745,839 shs
Market Capitalization: $19.18 billion

P/E Ratio: 22.66
Dividend Yield: 0.91%
Price Target: $196.40

J.B. Hunt Transport Services MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 6.1% Upside
$196.90 Price Target
Short Interest: Bearish
3.91% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -7.26
Upright™ Environmental Score
News Sentiment: 1.12
Based on 15 Articles This Week
Insider Trading: Selling Shares
$2.28 M Sold Last Quarter
Proj. Earnings Growth: 16.78%
From $7.69 to $8.98 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Transportation Sector

58th out of 114 stocks

Trucking, Except Local Industry

9th out of 12 stocks

2.3

Analyst's Opinion

Consensus Rating
J.B. Hunt Transport Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $196.90, J.B. Hunt Transport Services has a forecasted upside of 6.1% from its current price of $185.59.
Amount of Analyst Coverage
J.B. Hunt Transport Services has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
3.91% of the float of J.B. Hunt Transport Services has been sold short.
Short Interest Ratio / Days to Cover
J.B. Hunt Transport Services has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in J.B. Hunt Transport Services has recently increased by 2.56%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
J.B. Hunt Transport Services has a dividend yield of 0.89%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
J.B. Hunt Transport Services has been increasing its dividend for 20 years.
Dividend Coverage
The dividend payout ratio of J.B. Hunt Transport Services is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, J.B. Hunt Transport Services will have a dividend payout ratio of 18.71% next year. This indicates that J.B. Hunt Transport Services will be able to sustain or increase its dividend.

0.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
J.B. Hunt Transport Services has received a -86.87% net impact score from Upright. The largest negative impact of J. B. Hunt in category "GHG emissions" seems to be driven mostly by its "Diesel rail freight transport services for intermodal freight", "Truck freight transport services", and "Less than truckload freight transport services" products. See details.
Environmental Sustainability
The Environmental Impact score for J.B. Hunt Transport Services is -7.26.

3.4

News and Social Media Coverage

News Sentiment
J.B. Hunt Transport Services has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for J.B. Hunt Transport Services this week, compared to 7 articles on an average week.
Search Interest
Only 2 people have searched for JBHT on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days.
MarketBeat Follows
12 people have added J.B. Hunt Transport Services to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, J.B. Hunt Transport Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,284,358.00 in company stock.
Percentage Held by Insiders
Only 3.10% of the stock of J.B. Hunt Transport Services is held by insiders.
Percentage Held by Institutions
73.09% of the stock of J.B. Hunt Transport Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for J.B. Hunt Transport Services are expected to grow by 16.78% in the coming year, from $7.69 to $8.98 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of J.B. Hunt Transport Services is 22.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of J.B. Hunt Transport Services is 22.66, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.59.
Price to Earnings Growth Ratio
J.B. Hunt Transport Services has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
J.B. Hunt Transport Services has a P/B Ratio of 5.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About J.B. Hunt Transport Services (NASDAQ:JBHT) Stock

J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in North America. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions. It operates 115,150 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 95,553 units; and manages a fleet of 6,081 company-owned tractors, 615 independent contractor trucks, and 7,972 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2022, it operated 12,328 company-owned trucks, 570 customer-owned trucks, and 1 contractor trucks. The company also operates 23,354 owned pieces of trailing equipment and 4,968 customer-owned trailers. The ICS segment provides freight brokerage and transportation logistics solutions; flatbed, refrigerated, expedited, and less-than-truckload, as well as dry-van and intermodal solutions; an online multimodal marketplace; and logistics management for customers to outsource the transportation functions. The FMS segment offers delivery services through 1,506 company-owned trucks, 303 customer-owned trucks, and 20 independent contractor trucks; and 1,297 owned pieces of trailing equipment and 316 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through 620 company-owned tractors and 14,718 company-owned trailers. It also transports or arranges for the transportation of freight, such as general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company was incorporated in 1961 and is headquartered in Lowell, Arkansas.

JBHT Price History

30 days | 90 days | 365 days | Advanced Chart

JBHT Stock News Headlines

September 19, 2023 | marketbeat.com

Nikola's Stock Could Double in Price Within Weeks (JBHT)

NKLA stock is in the middle of a solid turnaround; the stock is up double-digits and could post additional triple-digit growth

September 8, 2023 | marketbeat.com

3 Stocks to Play the Easing Food Supply Chain (JBHT)

Supply chains in the United States are coming back to normal levels, enabling profit expansion trends to take over the industry and these three stocks.

September 27, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

September 26, 2023 | markets.businessinsider.com

Road to Riches: 3 Transportation Stocks Set to Outpace the Market

September 26, 2023 | americanbankingnews.com

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Given Consensus Rating of "Moderate Buy" by Analysts

September 22, 2023 | americanbankingnews.com

Zacks Research Equities Analysts Raise Earnings Estimates for J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

September 21, 2023 | marketwatch.com

J.B. Hunt Transport Services Inc. stock underperforms Thursday when compared to competitors

September 19, 2023 | msn.com

B of A Securities Maintains J.B. Hunt Transport Services (JBHT) Buy Recommendation

September 27, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 19, 2023 | americanbankingnews.com

J.B. Hunt Transport Services (NASDAQ:JBHT) Price Target Raised to $216.00 at Bank of America

September 18, 2023 | finance.yahoo.com

Unveiling the Investment Potential of JB Hunt Transport Services Inc (JBHT): A Comprehensive ...

September 15, 2023 | bizjournals.com

J.B. Hunt Transport to acquire BNSF's brokerage operations

September 15, 2023 | finance.yahoo.com

Analyzing the Fair Valuation of JB Hunt Transport Services Inc (JBHT)

September 14, 2023 | finance.yahoo.com

J.B. Hunt to Acquire Brokerage Assets of BNSF Logistics

September 14, 2023 | markets.businessinsider.com

The 3 Most Undervalued Transportation Stocks to Buy in September 2023

September 13, 2023 | finance.yahoo.com

J.B. Hunt a bit more upbeat

September 13, 2023 | finance.yahoo.com

S&P 500 Gains and Losses Today: Index Little Changed After Inflation Data

September 12, 2023 | finance.yahoo.com

Should You Investigate J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) At US$184?

September 1, 2023 | finance.yahoo.com

J.B. Hunt Transport Services, Inc. Announces Participation in the Morgan Stanley 11th Annual Laguna Conference

August 18, 2023 | benzinga.com

JB Hunt Transport Servs Stock (NASDAQ:JBHT), Short Interest Report

August 17, 2023 | finance.yahoo.com

JB Hunt (JBHT) Down 1.3% Since Last Earnings Report: Can It Rebound?

August 16, 2023 | finance.yahoo.com

Is JB Hunt Transport Services Fairly Valued? A Comprehensive Analysis

August 13, 2023 | finance.yahoo.com

Investors in J.B. Hunt Transport Services (NASDAQ:JBHT) have seen respectable returns of 74% over the past five years

August 9, 2023 | finance.yahoo.com

J.B. Hunt Showcases ESG Advancement in New 2022 Sustainability Report

August 2, 2023 | msn.com

J.B. Hunt Transport Services (JBHT) Price Target Increased by 5.06% to 203.96

July 31, 2023 | finance.yahoo.com

Nikola gets an electric truck order from J.B. Hunt

July 21, 2023 | finance.yahoo.com

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Shares Could Be 22% Below Their Intrinsic Value Estimate

See More Headlines

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JBHT Company Calendar

Last Earnings: 7/18/2023
Ex-Dividend for 8/18 Dividend: 8/03/2023
Dividend Payable: 8/18/2023
Today: 9/27/2023
Next Earnings (Estimated): 10/17/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Trucking, except local
Sub-Industry: Trucking
Sector: Transportation
Current Symbol: NASDAQ:JBHT
CUSIP: 44565810
CIK: 728535
Web: www.jbhunt.com
Phone: (479) 820-0000
Fax: 479-820-8397
Employees: 37,151
Year Founded: 1961

Price Target and Rating

Average Stock Price Forecast: $196.90
High Stock Price Forecast: $216.00
Low Stock Price Forecast: $170.00
Forecasted Upside/Downside: +6.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.19
Trailing P/E Ratio: 22.47
Forward P/E Ratio: 23.93
P/E Growth: 1.65
Net Income: $969.35 million
Net Margins: 6.19%
Pretax Margin: 8.22%
Return on Equity: 23.06%
Return on Assets: 10.98%

Debt

Debt-to-Equity Ratio: 0.31
Current Ratio: 1.21
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $13.85 billion
Price / Sales: 1.37
Cash Flow: $15.06 per share
Price / Cash Flow: 12.22
Book Value: $35.42 per share
Price / Book: 5.20

Miscellaneous

Outstanding Shares: 103,345,000
Free Float: 100,141,000
Market Cap: $19.02 billion
Optionable: Optionable
Beta: 1.16

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Key Executives

Mr. John N. Roberts III (Age 59)
CEO & Director
Comp: $2.65M

Ms. Shelley Simpson (Age 51)
Pres
Comp: $1.74M

Mr. John Kuhlow (Age 52)
Exec. VP, CFO, Controller & Chief Accounting Officer
Comp: $1.15M

Mr. Nicholas Hobbs (Age 60)
Pres of Contract Services, Exec. VP & COO
Comp: $1.53M

Mr. Darren P. Field (Age 52)
Exec. VP & Pres of Intermodal
Comp: $1.28M

Mr. Stuart L. Scott Jr. (Age 56)
Exec. VP & Chief Information Officer

Mr. A. Brad Delco
VP of Fin. & Investor Relations

Ms. Jennifer R. Boattini (Age 50)
Sr. VP of Legal & Litigation, Gen. Counsel and Corp. Sec.

Mr. Spencer Frazier (Age 52)
Exec. VP of Sales & Marketing

Bradley W. Hicks (Age 50)
Exec. VP of People & Pres of Highway Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

JBHT Stock - Frequently Asked Questions

Should I buy or sell J.B. Hunt Transport Services stock right now?: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for J.B. Hunt Transport Services in the last year. There are currently 1 sell rating, 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" JBHT shares.
View JBHT analyst ratings or view top-rated stocks.
What is J.B. Hunt Transport Services' stock price forecast for 2023?: 16 Wall Street research analysts have issued 1-year price objectives for J.B. Hunt Transport Services' stock. Their JBHT share price forecasts range from $170.00 to $216.00. On average, they anticipate the company's share price to reach $196.90 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price.
View analysts price targets for JBHT or view top-rated stocks among Wall Street analysts.
How have JBHT shares performed in 2023?: J.B. Hunt Transport Services' stock was trading at $174.36 at the beginning of 2023. Since then, JBHT stock has increased by 5.6% and is now trading at $184.06.
View the best growth stocks for 2023 here.
When is J.B. Hunt Transport Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 17th 2023.
View our JBHT earnings forecast.
How were J.B. Hunt Transport Services' earnings last quarter?: J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) issued its quarterly earnings results on Tuesday, July, 18th. The transportation company reported $1.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.90 by $0.09. The transportation company earned $3.13 billion during the quarter, compared to analyst estimates of $3.29 billion. J.B. Hunt Transport Services had a trailing twelve-month return on equity of 23.06% and a net margin of 6.19%. J.B. Hunt Transport Services's revenue for the quarter was down 18.4% on a year-over-year basis. During the same period last year, the business posted $2.42 earnings per share.
Read the conference call transcript.
How often does J.B. Hunt Transport Services pay dividends? What is the dividend yield for J.B. Hunt Transport Services?: J.B. Hunt Transport Services announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, August 4th will be given a dividend of $0.42 per share on Friday, August 18th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Thursday, August 3rd.
Read our dividend analysis for JBHT.
What ETFs hold J.B. Hunt Transport Services' stock?: ETFs with the largest weight of J.B. Hunt Transport Services (NASDAQ:JBHT) stock in their portfolio include VictoryShares THB Mid Cap ESG ETF (MDCP), iShares U.S. Transportation ETF (IYT), SPDR S&P Transportation ETF (XTN), VictoryShares Nasdaq Next 50 ETF (QQQN), First Trust Nasdaq Transportation ETF (FTXR), Nuveen ESG Mid-Cap Growth ETF (NUMG), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and Victoryshares Dividend Accelerator ETF (VSDA).
Is J.B. Hunt Transport Services a good dividend stock?: J.B. Hunt Transport Services (NASDAQ:JBHT) pays an annual dividend of $1.68 per share and currently has a dividend yield of 0.89%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBHT will have a dividend payout ratio of 18.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JBHT.

What is John N. Roberts III's approval rating as J.B. Hunt Transport Services' CEO?: 756 employees have rated J.B. Hunt Transport Services Chief Executive Officer John N. Roberts III on Glassdoor.com. John N. Roberts III has an approval rating of 86% among the company's employees.
What other stocks do shareholders of J.B. Hunt Transport Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other J.B. Hunt Transport Services investors own include Intel (INTC), NVIDIA (NVDA), Visa (V), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Micron Technology (MU), AbbVie (ABBV), Walt Disney (DIS), QUALCOMM (QCOM) and Advanced Micro Devices (AMD).
What is J.B. Hunt Transport Services' stock symbol?: J.B. Hunt Transport Services trades on the NASDAQ under the ticker symbol "JBHT."
Who are J.B. Hunt Transport Services' major shareholders?: J.B. Hunt Transport Services' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.24%), State Street Corp (3.26%), Durable Capital Partners LP (2.58%), Victory Capital Management Inc. (2.13%), Geode Capital Management LLC (1.78%) and Franklin Resources Inc. (1.76%). Insiders that own company stock include Alfred C Harper, Bradley W Hicks, Darren P Field, Darren P Field, David Keefauver, Earl Wayne Garrison, Eric Mcgee, Gary Charles George, James K Thompson, Jennifer Boattini, Joe Bob Perkins, John Kuhlow, Nicholas Hobbs, Sharilyn S Gasaway, Shelley Simpson, Spencer Frazier and Stuart Lockard Scott.
View institutional ownership trends.
How do I buy shares of J.B. Hunt Transport Services?: Shares of JBHT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is J.B. Hunt Transport Services' stock price today?: One share of JBHT stock can currently be purchased for approximately $184.06.
How much money does J.B. Hunt Transport Services make?: J.B. Hunt Transport Services (NASDAQ:JBHT) has a market capitalization of $19.02 billion and generates $13.85 billion in revenue each year. The transportation company earns $969.35 million in net income (profit) each year or $8.19 on an earnings per share basis.
How many employees does J.B. Hunt Transport Services have?: The company employs 37,151 workers across the globe.
Does J.B. Hunt Transport Services have any subsidiaries?: The following companies are subsidiares of J.B. Hunt Transport Services: Cory 1st Choice Home Delivery, J.B. Hunt Transport Inc. a Georgia corporation, Mass Movement, RDI Logistics, Special Logistics, and Zenith Global Logistics.
Read More
How can I contact J.B. Hunt Transport Services?: J.B. Hunt Transport Services' mailing address is 615 JB HUNT CORPORATE DR, LOWELL AR, 72745. The official website for the company is www.jbhunt.com. The transportation company can be reached via phone at (479) 820-0000, via email at investors@jbhunt.com, or via fax at 479-820-8397.

This page (NASDAQ:JBHT) was last updated on 9/27/2023 by MarketBeat.com Staff

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