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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
BREAKING: Tiny biotech successfully treats blindness (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
BREAKING: Tiny biotech successfully treats blindness (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
BREAKING: Tiny biotech successfully treats blindness (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
BREAKING: Tiny biotech successfully treats blindness (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
BREAKING: Tiny biotech successfully treats blindness (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
BREAKING: Tiny biotech successfully treats blindness (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NYSE:HUBB

Hubbell (HUBB) Stock Price, News & Analysis

$365.73
+1.01 (+0.28%)
(As of 02/23/2024 ET)
Today's Range
$361.85
$368.51
50-Day Range
$317.06
$365.73
52-Week Range
$219.77
$368.51
Volume
290,084 shs
Average Volume
399,527 shs
Market Capitalization
$19.61 billion
P/E Ratio
26.03
Dividend Yield
1.33%
Price Target
$353.00

Hubbell MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
3.5% Downside
$353.00 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of Hubbell in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$12.07 M Sold Last Quarter
Proj. Earnings Growth
7.26%
From $16.39 to $17.58 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.

3.61 out of 5 stars

Industrial Products Sector

71st out of 170 stocks

Electronic Components & Accessories Industry

2nd out of 6 stocks


HUBB stock logo

About Hubbell Stock (NYSE:HUBB)

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and residential product-oriented internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The Utility Solution segment designs, manufactures, and sells electrical distribution, transmission, substation, and telecommunications products, such as arresters, insulators, connectors, anchors, bushings, and enclosures cutoffs and switches; and utility infrastructure products, including smart meters, communications systems, and protection and control devices. This segment sells its products to distributors. Its brand portfolio includes Hubbell, Kellems, Bryant, Burndy, CMC, Bell, TayMac, Wiegmann, Killark, Hawke, Aclara, Fargo, Quazite, Hot Box, etc. The company was founded in 1888 and is headquartered in Shelton, Connecticut.

HUBB Stock Price History

HUBB Stock News Headlines

AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
HUBB Dec 2024 330.000 put
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
Hubbell to Host Investor Conference
Hubbell to Host Investor Conference
Hubbell Incorporated (NYSE:HUBB) Insider Sells $657,939.92 in Stock
Hubbell Inc Insider Sells Company Shares
Hubbell Completes Sale of Residential Lighting Business
Hubbell Completes Sale of Residential Lighting Business
Decoding Hubbell Inc (HUBB): A Strategic SWOT Insight
Hubbell-Waterman Foundation gives nearly $2 million
Massive Insider Trade At Hubbell
Hubbell Vice President Trades Company's Stock
Hubbell: Solid Prospects But Valuation Not Attractive
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/29/2023
Dividend Payable
12/15/2023
Last Earnings
1/30/2024
Today
2/24/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic components & accessories
Sub-Industry
N/A
Employees
18,317
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$353.00
High Stock Price Target
$375.00
Low Stock Price Target
$335.00
Potential Upside/Downside
-3.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$759.80 million
Pretax Margin
18.30%

Debt

Sales & Book Value

Annual Sales
$5.37 billion
Cash Flow
$18.82 per share
Book Value
$53.88 per share

Miscellaneous

Free Float
53,273,000
Market Cap
$19.61 billion
Optionable
Optionable
Beta
0.92

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Key Executives

  • Mr. Gerben W. Bakker (Age 59)
    President, CEO & Chairman
    Comp: $3.39M
  • Mr. William R. SperryMr. William R. Sperry (Age 62)
    Executive VP & CFO
    Comp: $1.88M
  • Ms. Katherine Anne Lane (Age 46)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $1.28M
  • Ms. Alyssa R. Flynn (Age 53)
    Chief Human Resources Officer
    Comp: $791.33k
  • Akshay Mittal
    Global Operations President
  • Mr. Jonathan M. Del Nero (Age 52)
    VP, Controller & Principal Accounting Officer
  • Dr. Alexis P. Bernard (Age 50)
    Chief Technology Officer
  • Drew M. Marquardt
    Chief Information Officer
  • Mr. Daniel Joseph Innamorato
    Director of Investor Relations
  • Mr. Rodd Richard Ruland (Age 66)
    Executive Vice President of Transition & Integration
    Comp: $937.82k














HUBB Stock Analysis - Frequently Asked Questions

Should I buy or sell Hubbell stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hubbell in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HUBB shares.
View HUBB analyst ratings
or view top-rated stocks.

What is Hubbell's stock price target for 2024?

7 brokerages have issued 12-month price targets for Hubbell's stock. Their HUBB share price targets range from $335.00 to $375.00. On average, they predict the company's stock price to reach $353.00 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts price targets for HUBB
or view top-rated stocks among Wall Street analysts.

How have HUBB shares performed in 2024?

Hubbell's stock was trading at $328.93 at the beginning of 2024. Since then, HUBB stock has increased by 11.2% and is now trading at $365.73.
View the best growth stocks for 2024 here
.

Are investors shorting Hubbell?

Hubbell saw a decline in short interest in January. As of January 15th, there was short interest totaling 489,300 shares, a decline of 11.1% from the December 31st total of 550,700 shares. Based on an average trading volume of 454,100 shares, the short-interest ratio is currently 1.1 days. Approximately 0.9% of the shares of the company are sold short.
View Hubbell's Short Interest
.

When is Hubbell's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our HUBB earnings forecast
.

How were Hubbell's earnings last quarter?

Hubbell Incorporated (NYSE:HUBB) released its quarterly earnings data on Tuesday, January, 30th. The industrial products company reported $3.69 EPS for the quarter, beating the consensus estimate of $3.58 by $0.11. The industrial products company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Hubbell had a net margin of 14.14% and a trailing twelve-month return on equity of 30.82%. Hubbell's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.60 EPS.

How often does Hubbell pay dividends? What is the dividend yield for Hubbell?

Hubbell announced a quarterly dividend on Friday, January 26th. Shareholders of record on Thursday, February 29th will be given a dividend of $1.22 per share on Friday, March 15th. This represents a $4.88 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for HUBB
.

Is Hubbell a good dividend stock?

Hubbell (NYSE:HUBB) pays an annual dividend of $4.88 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HUBB will have a dividend payout ratio of 27.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HUBB.

What guidance has Hubbell issued on next quarter's earnings?

Hubbell issued an update on its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share (EPS) guidance of 16.000-16.500 for the period, compared to the consensus earnings per share estimate of 16.420. The company issued revenue guidance of $5.8 billion-$5.9 billion, compared to the consensus revenue estimate of $5.8 billion.

What is Timothy H. Powers' approval rating as Hubbell's CEO?

29 employees have rated Hubbell Chief Executive Officer Timothy H. Powers on Glassdoor.com. Timothy H. Powers has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Hubbell own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hubbell investors own include AT&T (T), Exxon Mobil (XOM), International Business Machines (IBM), Home Depot (HD), Johnson & Johnson (JNJ), Procter & Gamble (PG), Chevron (CVX), AbbVie (ABBV), Intel (INTC) and Verizon Communications (VZ).

Who are Hubbell's major shareholders?

Hubbell's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.49%), Price T Rowe Associates Inc. MD (3.16%), International Assets Investment Management LLC (2.75%), Nuveen Asset Management LLC (2.65%), Massachusetts Financial Services Co. MA (2.37%) and FIL Ltd (2.08%). Insiders that own company stock include Allan Connolly, Alyssa R Flynn, Anthony Guzzi, Carlos M Cardoso, Gerben Bakker, John F Malloy, Katherine Anne Lane, Mark Eugene Mikes, Nero Jonathan M Del, Nero Jonathan M Del, Stephen M Mais and William R Sperry.
View institutional ownership trends
.

How do I buy shares of Hubbell?

Shares of HUBB 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.

This page (NYSE:HUBB) was last updated on 2/24/2024 by MarketBeat.com Staff