J B Hunt Transport Services Company Profile (NASDAQ:JBHT)

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

J B Hunt Transport Services declared a quarterly dividend on Thursday, October 19th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.23 per share on Friday, November 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, November 2nd. View J B Hunt Transport Services' Dividend History.

J B Hunt Transport Services announced that its Board of Directors has initiated a share repurchase program on Monday, April 24th 2017, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 51% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

J B Hunt Transport Services Inc (NASDAQ:JBHT) released its quarterly earnings results on Friday, October, 13th. The company reported $0.91 EPS for the quarter, missing analysts' consensus estimates of $0.96 by $0.05. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.82 billion. J B Hunt Transport Services had a return on equity of 27.96% and a net margin of 5.45%. The firm's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.97 EPS. View J B Hunt Transport Services' Earnings History.

15 equities research analysts have issued 1 year target prices for J B Hunt Transport Services' shares. Their forecasts range from $84.00 to $124.00. On average, they expect J B Hunt Transport Services' stock price to reach $107.93 in the next year. View Analyst Ratings for J B Hunt Transport Services.

Here are some recent quotes from research analysts about J B Hunt Transport Services stock:

• 1. According to Zacks Investment Research, "J.B. Hunt’s efforts to reward shareholders is impressive. In Jan 2016, the company raised its quarterly dividend by 4.5%. The company expects intermodal growth in 2017 to be driven by the increase in transloads, addition of new customers among others. J.B. Hunt’s expansion efforts are also appreciative. The company recently acquired Special Logistics Dedicated to enhance e-commerce delivery capabilities. However, the company has been struggling on the bottom line front due to higher operating expenses. Lower customer rates also present a challenge for the company. Moreover, J.B. Hunt is a highly leveraged company and its high debt levels raise concerns. In fact, shares of the company have underperformed its industry on a year-to-date basis. " (9/19/2017)
• 2. Credit Suisse Group analysts commented, "Management's low-single digit volume growth outlook confirmed our expectation for a return to growth in 2017, and the reiteration of inflation-plus pricing assuaged concerns (though the progression of core price remains unclear, we suspect it will rise with volumes). We also anticipate the $350m to $400m of targeted productivity savings will drive solid incremental margins on the back of an improved volume environment. Layering in buybacks, we expect double-digit EPS growth at UNP this year." (1/20/2017)
• 3. UBS AG analysts commented, "On Thursday morning, JBHT reported Adj. EPS of $0.97, which was below UBSe and the Street (both $1.01). The Adj. EPS excludes a one-time $0.08 benefit owing to a change in the company's paid time off policy ($15M pre-tax), though it does include $5M pre-tax from charitable contributions, employment tax audit settlements, and increases to reserves for bad debts. Continued meaningful margin pressure drove the downside report, with margin declines in Intermodal (-134 bp y/y), ICS (-454 bp), and Truckload (-473 bpy), while DCS was the one segment with expansion (+123 bp y/y)." (1/20/2017)

J B Hunt Transport Services saw a decline in short interest during the month of September. As of September 15th, there was short interest totalling 2,219,313 shares, a decline of 30.6% from the August 31st total of 3,197,549 shares. Based on an average daily volume of 851,759 shares, the days-to-cover ratio is presently 2.6 days. Approximately 2.6% of the shares of the stock are short sold.

Some companies that are related to J B Hunt Transport Services include Old Dominion Freight Line (ODFL), Landstar System (LSTR), Swift Transportation Company (KNX), Werner Enterprises (WERN), Heartland Express (HTLD), Saia (SAIA), Marten Transport (MRTN), Universal Logistics Holdings (ULH), Hennessy Capital Acquisition Corp. II (DSKE), FRP Holdings (FRPH), P.A.M. Transportation Services (PTSI), Celadon Group (CGI), USA Truck (USAK) and Pangaea Logistics Solutions (PANL).

J B Hunt Transport Services' management team includes the folowing people:

• James Kirk Thompson, Chairman of the Board
• John N. Roberts III, President, Chief Executive Officer, Director
• David G. Mee CPA, Chief Financial Officer, Executive Vice President - Finance and Administration, Corporate Secretary
• Stuart Lockard Scott Jr., Executive Vice President, Chief Information Officer
• Shelley Simpson, Executive Vice President, Chief Marketing Officer, President - Integrated Capacity Solutions and Truckload
• Craig Harper, Executive Vice President
• Nicholas Hobbs, Executive Vice President, President - Dedicated Contract Services
• Terrence D. Matthews, Executive Vice President, President - Intermodal
• John Kuhlow, Senior Vice President - Finance, Chief Accounting Officer, Controller
• Kevin Bracy, Vice President, Treasurer, Assistant Secretary

J B Hunt Transport Services' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.14%), Shell Asset Management Co. (0.05%), PGGM Investments (0.05%) and Meeder Asset Management Inc. (0.00%). Company insiders that own J B Hunt Transport Services stock include Alfred C Harper, Bradley W Hicks, Darren P Field, David G Mee, Earl Wayne Garrison, Eric Mcgee, J B Hunt Llc, James K Thompson, John Kuhlow, John N Roberts, Kay J Palmer, Nicholas Hobbs, Shelley Simpson, Stuart Lockard Scott and Terrence D Matthews. View Institutional Ownership Trends for J B Hunt Transport Services.

J B Hunt Transport Services' stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments. Company insiders that have sold J B Hunt Transport Services stock in the last year include Bradley W Hicks, Darren P Field, David G Mee, Earl Wayne Garrison, Eric Mcgee, J B Hunt Llc, James K Thompson, John Kuhlow, John N Roberts, Nicholas Hobbs, Shelley Simpson and Terrence D Matthews. View Insider Buying and Selling for J B Hunt Transport Services.

J B Hunt Transport Services' stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Shell Asset Management Co. and Meeder Asset Management Inc.. View Insider Buying and Selling for J B Hunt Transport Services.

Shares of J B Hunt Transport Services can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of J B Hunt Transport Services stock can currently be purchased for approximately $106.58.