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, July 20th. Investors of record on Monday, August 7th will be paid a dividend of $0.23 per share on Friday, August 18th. This represents a $0.92 annualized dividend and a yield of 0.95%. The ex-dividend date is Thursday, August 3rd. View J.B. Hunt Transport Services' Dividend History.

J.B. Hunt Transport Services announced that its Board of Directors has approved a stock repurchase plan on Monday, April 24th 2017, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 51% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) posted its earnings results on Monday, July, 17th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.92 by $0.04. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.74 billion. J.B. Hunt Transport Services had a net margin of 6.32% and a return on equity of 30.00%. J.B. Hunt Transport Services's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 EPS. View J.B. Hunt Transport Services' Earnings History.

J.B. Hunt Transport Services is scheduled to release their next quarterly earnings announcement on Friday, October, 13th 2017. View Earnings Estimates for J.B. Hunt Transport Services.

14 brokerages have issued 1 year price targets for J.B. Hunt Transport Services' shares. Their forecasts range from $84.00 to $110.00. On average, they expect J.B. Hunt Transport Services' stock price to reach $98.71 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. During the second quarter, the company repurchased approximately 564,000 shares for $50 million. Revenues in the quarter improved 6.93% year over year. The intermodal segment which accounted for 57.9% of the top line in the second quarter rose 7% year over year. The company expects intermodal growth in 2017 to be driven by the increase in transloads, addition of new customers among others. However, the company reported lower-than-expected earnings per share and revenues in the second quarter of 2017. The bottom line also dipped 4.35% on a year-over-year basis due to higher operating expenses. Lower customer rates also hurt results. J.B. Hunt is a highly leveraged company and its high debt levels also raise concerns. Shares of J.B. Hunt have underperformed its industry over the last one year. " (8/1/2017)
• 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)

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

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 a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.74%), BlackRock Inc. (5.47%), State Street Corp (3.38%), FMR LLC (3.35%), Atlanta Capital Management Co. L L C (3.26%) and Capital Research Global Investors (2.76%). Company insiders that own J.B. Hunt Transport Services stock include Alfred C Harper, Bradley W Hicks, David G Mee, Earl Wayne Garrison, Eric Mcgee, 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 Capital Research Global Investors, FMR LLC, First Trust Advisors LP, Pioneer Investment Management Inc., BlackRock Inc., Ameriprise Financial Inc., Lazard Asset Management LLC and TIAA CREF Investment Management LLC. Company insiders that have sold J.B. Hunt Transport Services stock in the last year include Bradley W Hicks, David G Mee, Eric Mcgee, James K Thompson, John Kuhlow, John N Roberts, Nicholas Hobbs and Shelley Simpson. View Insider Buying and Selling for J.B. Hunt Transport Services.

J.B. Hunt Transport Services' stock was bought by a variety of institutional investors in the last quarter, including Sustainable Growth Advisers LP, Bank of New York Mellon Corp, Atlanta Capital Management Co. L L C, Renaissance Technologies LLC, Janus Henderson Group PLC, Russell Investments Group Ltd., American Century Companies Inc. and Nomura Holdings 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 $96.63.