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. Shareholders 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 1.00%. The ex-dividend date of this dividend is Thursday, August 3rd. View J.B. Hunt Transport Services' Dividend History.

J.B. Hunt Transport Services declared that its Board of Directors has authorized a share repurchase plan on Monday, April 24th 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 51% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced its quarterly earnings data on Monday, July, 17th. The company reported $0.88 EPS for the quarter, missing analysts' consensus estimates of $0.92 by $0.04. The company had revenue of $1.73 billion for the quarter, compared to analysts' expectations of $1.74 billion. J.B. Hunt Transport Services had a return on equity of 30.00% and a net margin of 6.32%. The firm's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the business earned $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.

15 analysts have issued 12 month price targets for J.B. Hunt Transport Services' shares. Their predictions range from $84.00 to $110.00. On average, they expect J.B. Hunt Transport Services' stock price to reach $98.47 in the next twelve months. 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, "Shares of J.B. Hunt have underperformed the Zacks categorized Transportation- Truck industry over the last one year. J.B. Hunt is a highly leveraged company and its high debt levels raise concerns. The company has been struggling with declining demand for quite some time. We are however impressed by J.B. Hunt’s efforts to reward shareholders. During the first quarter, the company repurchased approximately 1.33 million shares for $130 million. J.B. Hunt expects intermodal growth in 2017 to be driven by the increase in transloads, addition of new customers among others. The company expects a tax rate of 35% for full-year 2017. " (6/20/2017)
• 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), P.A.M. Transportation Services (PTSI), Celadon Group (CGI) 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 variety of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.24%), Sib LLC (0.13%), Chevy Chase Trust Holdings Inc. (0.07%), Bank of Montreal Can (0.07%), PGGM Investments (0.07%) and US Bancorp DE (0.05%). Company insiders that own J.B. Hunt Transport Services stock include Alfred C Harper, David G Mee, Earl Wayne Garrison, James K Thompson, John Kuhlow, John N Roberts, Kay J Palmer, Nicholas Hobbs, 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 Nisa Investment Advisors LLC, Bank of Montreal Can, US Bancorp DE, Exxonmobil Investment Management Inc. TX, American National Insurance Co. TX, PGGM Investments, Xact Kapitalforvaltning AB and Chevy Chase Trust Holdings Inc.. Company insiders that have sold J.B. Hunt Transport Services stock in the last year include Alfred C Harper, David G Mee, Earl Wayne Garrison, James K Thompson, John Kuhlow, John N Roberts, Nicholas Hobbs and Stuart Lockard Scott. 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 Longer Investments Inc., Mn Services Vermogensbeheer B.V., Aperio Group LLC, Meeder Asset Management Inc., Horrell Capital Management Inc., Atria Investments LLC, Assenagon Asset Management S.A. and LS Investment Advisors LLC. 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 $91.56.