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

$154.65
-3.74 (-2.36%)
(As of 05/29/2024 ET)
Today's Range
$154.10
$157.32
50-Day Range
$154.65
$199.25
52-Week Range
$154.10
$219.51
Volume
910,096 shs
Average Volume
839,435 shs
Market Capitalization
$15.96 billion
P/E Ratio
24.55
Dividend Yield
1.11%
Price Target
$194.24

J.B. Hunt Transport Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
25.6% Upside
$194.24 Price Target
Short Interest
Healthy
3.00% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.26
Upright™ Environmental Score
News Sentiment
0.96mentions of J.B. Hunt Transport Services in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$2.01 M Bought Last Quarter
Proj. Earnings Growth
30.86%
From $6.48 to $8.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.96 out of 5 stars

Transportation Sector

6th out of 113 stocks

Trucking, Except Local Industry

1st out of 13 stocks

JBHT stock logo

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

J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in the United States. 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 118,171 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 100,825 units; and manages a fleet of 5,944 company-owned tractors, 436 independent contractor trucks, and 7,567 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2023, it operated 12,574 company-owned trucks, 674 customer-owned trucks, and 4 contractor trucks. The company also operates 27,194 owned pieces of trailing equipment and 5,406 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; online multimodal marketplace; and logistics management for customers to outsource their transportation functions. The FMS segment offers delivery services through 1,166 company-owned trucks, 225 customer-owned trucks, and 20 independent contractor trucks; and 1,212 owned pieces of trailing equipment and 102 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through 27 company-owned tractors and 13,561 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 Stock Price History

JBHT Stock News Headlines

JBHT Jul 2024 175.000 call
JBHT Jun 2024 150.000 put
See More Headlines
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Company Calendar

Last Earnings
4/16/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Today
5/29/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:JBHT
CUSIP
44565810
Employees
8,756
Year Founded
1961

Price Target and Rating

Average Stock Price Target
$194.24
High Stock Price Target
$215.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+24.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
16 Analysts

Profitability

Net Income
$728.29 million
Pretax Margin
6.78%

Debt

Sales & Book Value

Annual Sales
$12.83 billion
Cash Flow
$14.08 per share
Book Value
$40.37 per share

Miscellaneous

Free Float
101,030,000
Market Cap
$16.11 billion
Optionable
Optionable
Beta
1.17

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JBHT Stock Analysis - Frequently Asked Questions

Should I buy or sell J.B. Hunt Transport Services stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for J.B. Hunt Transport Services in the last twelve months. There are currently 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?

16 brokerages have issued 1 year target prices for J.B. Hunt Transport Services' stock. Their JBHT share price targets range from $165.00 to $215.00. On average, they anticipate the company's stock price to reach $194.24 in the next twelve months. This suggests a possible upside of 25.6% 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 2024?

J.B. Hunt Transport Services' stock was trading at $199.74 at the beginning of the year. Since then, JBHT stock has decreased by 22.6% and is now trading at $154.65.
View the best growth stocks for 2024 here
.

Are investors shorting J.B. Hunt Transport Services?

J.B. Hunt Transport Services saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,480,000 shares, an increase of 21.6% from the April 30th total of 2,040,000 shares. Based on an average daily trading volume, of 829,700 shares, the short-interest ratio is currently 3.0 days. Currently, 3.0% of the shares of the stock are sold short.
View J.B. Hunt Transport Services' Short Interest
.

When is J.B. Hunt Transport Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our JBHT earnings forecast
.

How were J.B. Hunt Transport Services' earnings last quarter?

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) released its quarterly earnings results on Tuesday, April, 16th. The transportation company reported $1.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.53 by $0.31. The transportation company earned $2.94 billion during the quarter, compared to the consensus estimate of $3.12 billion. J.B. Hunt Transport Services had a net margin of 5.25% and a trailing twelve-month return on equity of 16.25%.

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 declared a quarterly dividend on Thursday, April 25th. Investors of record on Friday, May 10th will be given a dividend of $0.43 per share on Friday, May 24th. This represents a $1.72 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Thursday, May 9th.
Read our dividend analysis for JBHT
.

Is J.B. Hunt Transport Services a good dividend stock?

J.B. Hunt Transport Services (NASDAQ:JBHT) pays an annual dividend of $1.72 per share and currently has a dividend yield of 1.09%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBHT will have a dividend payout ratio of 20.28% 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).

Who are J.B. Hunt Transport Services' major shareholders?

J.B. Hunt Transport Services' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.47%), Janus Henderson Group PLC (3.26%), Price T Rowe Associates Inc. MD (2.02%), Jacobs Levy Equity Management Inc. (0.53%), Westfield Capital Management Co. LP (0.42%) and TD Asset Management Inc (0.41%). Insiders that own company stock include Alfred C Harper, Bradley W Hicks, Brian Webb, Darren P Field, David Keefauver, Eric Mcgee, James K Thompson, Jennifer Boattini, Joe Bob Perkins, John Kuhlow, John N Roberts, Kevin Bracy, Nicholas Hobbs, Patrick J Ottensmeyer, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:JBHT) was last updated on 5/29/2024 by MarketBeat.com Staff

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