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

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for J.B. Hunt Transport Services in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" JBHT shares.
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18 brokerages have issued 12-month price objectives for J.B. Hunt Transport Services' shares. Their JBHT share price forecasts range from $162.00 to $207.00. On average, they anticipate the company's stock price to reach $189.67 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
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J.B. Hunt Transport Services' stock was trading at $174.36 at the beginning of 2023. Since then, JBHT stock has decreased by 1.6% and is now trading at $171.55.
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J.B. Hunt Transport Services saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,240,000 shares, an increase of 23.7% from the April 30th total of 2,620,000 shares. Based on an average daily trading volume, of 720,000 shares, the short-interest ratio is currently 4.5 days. Currently, 4.0% of the shares of the company are short sold.
View J.B. Hunt Transport Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our JBHT earnings forecast.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced its quarterly earnings data on Monday, April, 17th. The transportation company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.12 by $0.23. The transportation company earned $3.23 billion during the quarter, compared to analysts' expectations of $3.42 billion. J.B. Hunt Transport Services had a net margin of 6.35% and a trailing twelve-month return on equity of 25.85%. The firm's revenue was down 7.4% compared to the same quarter last year. During the same period last year, the company earned $2.29 EPS.
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J.B. Hunt Transport Services announced a quarterly dividend on Thursday, April 27th. Stockholders of record on Friday, May 12th will be given a dividend of $0.42 per share on Friday, May 26th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Thursday, May 11th.
Read our dividend analysis for JBHT.

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), Siren DIVCON Leaders Dividend ETF (LEAD), First Trust Nasdaq Transportation ETF (FTXR), Direxion Daily Transportation Bull 3X Shares (TPOR), VictoryShares Nasdaq Next 50 ETF (QQQN) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG).

J.B. Hunt Transport Services (NASDAQ:JBHT) pays an annual dividend of $1.68 per share and currently has a dividend yield of 0.97%. 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 19.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBHT will have a dividend payout ratio of 17.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JBHT.

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.

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).

J.B. Hunt Transport Services trades on the NASDAQ under the ticker symbol "JBHT."

J.B. Hunt Transport Services' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.48%), Price T Rowe Associates Inc. MD (4.52%), State Street Corp (3.19%), Barrow Hanley Mewhinney & Strauss LLC (3.18%), FMR LLC (2.14%) and Franklin Resources Inc. (1.76%). Insiders that own company stock include Alfred C Harper, Bradley W Hicks, Darren P Field, Darren P Field, Earl Wayne Garrison, Eric Mcgee, Gary Charles George, James K Thompson, Jennifer Boattini, Joe Bob Perkins, John Kuhlow, John N Roberts, Kevin Bracy, Sharilyn S Gasaway, Shelley Simpson, Spencer Frazier, Stuart Lockard Scott and Terrence D Matthews.
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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.
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One share of JBHT stock can currently be purchased for approximately $171.55.

J.B. Hunt Transport Services (NASDAQ:JBHT) has a market capitalization of $17.78 billion and generates $14.81 billion in revenue each year. The transportation company earns $969.35 million in net income (profit) each year or $8.80 on an earnings per share basis.

The company employs 37,151 workers across the globe.

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.