NYSE:HUBB Hubbell (HUBB) Stock Forecast, Price & News $305.74 +1.24 (+0.41%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$302.45▼$306.5650-Day Range$221.28▼$304.5052-Week Range$170.21▼$306.63Volume325,036 shsAverage Volume425,576 shsMarket Capitalization$16.38 billionP/E Ratio29.20Dividend Yield1.47%Price Target$237.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Hubbell MarketRank™ ForecastAnalyst RatingHold1.83 Rating ScoreUpside/Downside22.4% Downside$237.33 Price TargetShort InterestHealthy1.25% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.52Based on 10 Articles This WeekInsider TradingSelling Shares$152,970 Sold Last QuarterProj. Earnings Growth3.04%From $13.81 to $14.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.22 out of 5 starsIndustrial Products Sector71st out of 176 stocksElectronic Components & Accessories Industry3rd out of 6 stocks 0.9 Analyst's Opinion Consensus RatingHubbell has received a consensus rating of Hold. The company's average rating score is 1.83, and is based on 1 buy rating, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $237.33, Hubbell has a forecasted downside of 22.4% from its current price of $305.66.Amount of Analyst CoverageHubbell has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.25% of the float of Hubbell has been sold short.Short Interest Ratio / Days to CoverHubbell has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hubbell has recently decreased by 10.90%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldHubbell pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHubbell has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of Hubbell is 42.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hubbell will have a dividend payout ratio of 31.48% next year. This indicates that Hubbell will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HUBB. Previous Next 3.1 News and Social Media Coverage News SentimentHubbell has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Hubbell this week, compared to 6 articles on an average week.Search Interest13 people have searched for HUBB on MarketBeat in the last 30 days. This is an increase of 86% compared to the previous 30 days.MarketBeat Follows5 people have added Hubbell to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hubbell insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $152,970.00 in company stock.Percentage Held by InsidersOnly 0.66% of the stock of Hubbell is held by insiders.Percentage Held by Institutions89.71% of the stock of Hubbell is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Hubbell are expected to grow by 3.04% in the coming year, from $13.81 to $14.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hubbell is 29.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Hubbell is 29.19, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.47.Price to Earnings Growth RatioHubbell has a PEG Ratio of 2.14. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHubbell has a P/B Ratio of 6.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hubbell (NYSE:HUBB) StockHubbell, Inc. engages in the designing, manufacturing, and sale of electrical and electronic products for non-residential and residential construction, industrial, and utility applications. It operates through the Electrical Solutions and Utility Solutions segments. The Electrical Solutions segment manufactures and sells wiring and electrical, lighting fixtures, and controls for indoor and outdoor applications as well as specialty lighting and communications products. The Utility Solutions segment is involved in the design, manufacture, and sale of electrical distribution, transmission, substation, and telecommunications products. The company was founded by Harvey Hubbell II in 1888 and is headquartered in Shelton, CT.Read More Receive HUBB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hubbell and its competitors with MarketBeat's FREE daily newsletter. Email Address HUBB Stock News HeadlinesJune 8, 2023 | barrons.comHubbell Inc.June 8, 2023 | news.yahoo.com3 famous rodeo performers lived in Bradenton, Manatee. See vintage photosJune 8, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.June 8, 2023 | americanbankingnews.comAnalysts Set Hubbell Incorporated (NYSE:HUBB) Price Target at $237.33June 7, 2023 | finance.yahoo.comHubbell Announces New Segment LeadershipJune 7, 2023 | msn.comTake a look at Gray's Station's million-dollar custom stand-alone homesJune 6, 2023 | benzinga.comThinking about buying stock in Corvus Pharmaceuticals, Limbach, Crinetics Pharmaceuticals, EnerSys, or Hubbell?June 1, 2023 | msn.comAre Industrial Products Stocks Lagging Hubbell (HUBB) This Year?June 8, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 31, 2023 | msn.comThis Day in Braves History: Dayton Moore leaves Atlanta for Kansas CityMay 31, 2023 | americanbankingnews.comShort Interest in Hubbell Incorporated (NYSE:HUBB) Declines By 10.9%May 30, 2023 | usatoday.comThis Date in Baseball - Manny Ramirez of the Boston Red Sox hits career home run No. 500May 29, 2023 | msn.comDozens turn out for Hubbell/Tamarack City veterans memorial wall dedication ceremonyMay 27, 2023 | msn.comMultiple injuries, woman in jail after crash in Republic TownshipMay 27, 2023 | americanbankingnews.comHubbell (NYSE:HUBB) Reaches New 52-Week High at $286.30May 26, 2023 | msn.comDedication ceremony for Hubbell veteran memorial wall to be held on Memorial DayMay 26, 2023 | apnews.comThis Date in Baseball - Ken Griffey Jr. breaks own MLB record for HRs through May with his 23rdMay 26, 2023 | msn.comBull of the Day: Hubbell Incorporated (HUBB)May 24, 2023 | americanbankingnews.comHubbell (NYSE:HUBB) Downgraded by StockNews.com to BuyMay 18, 2023 | msn.comHubbell: Things Are Shaping Up For The BetterMay 17, 2023 | americanbankingnews.comHubbell (NYSE:HUBB) Rating Increased to Strong-Buy at StockNews.comMay 16, 2023 | benzinga.comCharleston, SC, Personal Injury Attorney, Taylor Anderson, Achieves AV Rating by Martindale-HubbellMay 16, 2023 | marketwatch.com2023-2030, Global Commercial Switches Market | Top Key-Players in the Market are - Kazars Electric, Legrand, Eaton, Hubbell, LevitonMay 16, 2023 | marketwatch.comMetallic Grounding Braid Market Overview 2023 to 2030, Future Trends and Forecast | Burndy-Hubbell, Rexel, Emerson Electric, EatonMay 16, 2023 | marketwatch.comGlobal Cable Fault Detectors and Locators Market Size 2023-2031 Business Strategies by Absolute Reports | with [107 Pages]May 14, 2023 | americanbankingnews.comHubbell Incorporated (NYSE:HUBB) Receives $237.33 Average PT from BrokeragesMay 13, 2023 | marketwatch.comTrack Lighting Market Segmentation, Demand and Forecast Research Report to 2023-2029 | Philips Lighting, Acuity Brands, HubbellSee More Headlines HUBB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HUBB Company Calendar Ex-Dividend for 3/15 Dividend2/27/2023Dividend Payable3/15/2023Last Earnings4/25/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/08/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electronic components & accessories Sub-IndustryN/A SectorIndustrial Products Current SymbolNYSE:HUBB CUSIPN/A CIK48898 Webwww.hubbell.com Phone(475) 882-4000Fax203-799-4333Employees16,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$237.33 High Stock Price Forecast$300.00 Low Stock Price Forecast$205.00 Forecasted Upside/Downside-22.1%Consensus RatingHold Rating Score (0-4)1.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$10.47 Trailing P/E Ratio29.08 Forward P/E Ratio22.05 P/E Growth2.14Net Income$545.90 million Net Margins11.15% Pretax Margin14.94% Return on Equity27.72% Return on Assets12.21% Debt Debt-to-Equity Ratio0.58 Current Ratio1.99 Quick Ratio1.25 Sales & Book Value Annual Sales$4.95 billion Price / Sales3.30 Cash Flow$13.86 per share Price / Cash Flow21.97 Book Value$44.14 per share Price / Book6.90Miscellaneous Outstanding Shares53,590,000Free Float53,235,000Market Cap$16.32 billion OptionableOptionable Beta0.99 Key ExecutivesGerben Wilhelm Marinus BakkerChairman, President & Chief Executive OfficerWilliam R. SperryChief Financial Officer & Executive Vice PresidentDrew M. MarquardtChief Information OfficerAlexis P. BernardChief Technology OfficerKatherine Anne LaneSecretary, Senior Vice President & General CounselKey CompetitorsTenarisNYSE:TSIDEXNYSE:IEXAmcorNYSE:AMCRBallNYSE:BALLReliance Steel & AluminumNYSE:RSView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardSold 1,353 shares on 6/1/2023Ownership: 0.024%Macquarie Group Ltd.Sold 8,235 shares on 6/1/2023Ownership: 0.008%Coastline Trust CoSold 5,320 shares on 5/31/2023Ownership: 0.008%ProShare Advisors LLCBought 148,450 shares on 5/26/2023Ownership: 0.284%Royce & Associates LPSold 2,780 shares on 5/23/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions HUBB Stock - Frequently Asked Questions Should I buy or sell Hubbell stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hubbell in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HUBB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HUBB, but not buy additional shares or sell existing shares. View HUBB analyst ratings or view top-rated stocks. What is Hubbell's stock price forecast for 2023? 6 brokers have issued 1-year price objectives for Hubbell's stock. Their HUBB share price forecasts range from $205.00 to $300.00. On average, they predict the company's stock price to reach $237.33 in the next twelve months. This suggests that the stock has a possible downside of 22.1%. View analysts price targets for HUBB or view top-rated stocks among Wall Street analysts. How have HUBB shares performed in 2023? Hubbell's stock was trading at $234.68 at the start of the year. Since then, HUBB shares have increased by 29.8% and is now trading at $304.50. View the best growth stocks for 2023 here. Are investors shorting Hubbell? Hubbell saw a decrease in short interest in May. As of May 15th, there was short interest totaling 668,900 shares, a decrease of 10.9% from the April 30th total of 750,700 shares. Based on an average daily volume of 395,300 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.3% of the company's shares are short sold. 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, July 25th 2023. View our HUBB earnings forecast. How were Hubbell's earnings last quarter? Hubbell Incorporated (NYSE:HUBB) issued its quarterly earnings results on Tuesday, April, 25th. The industrial products company reported $3.61 EPS for the quarter, topping the consensus estimate of $2.46 by $1.15. The industrial products company earned $1.29 billion during the quarter, compared to the consensus estimate of $1.25 billion. Hubbell had a trailing twelve-month return on equity of 27.72% and a net margin of 11.15%. The firm's revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.12 earnings per share. How often does Hubbell pay dividends? What is the dividend yield for Hubbell? Hubbell declared a quarterly dividend on Friday, April 21st. Investors of record on Wednesday, May 31st will be paid a dividend of $1.12 per share on Thursday, June 15th. This represents a $4.48 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend is Tuesday, May 30th. Read our dividend analysis for HUBB. What ETFs hold Hubbell's stock? ETFs with the largest weight of Hubbell (NYSE:HUBB) stock in their portfolio include SmartETFs Sustainable Energy II ETF (SOLR), Gabelli Love Our Planet & People ETF (LOPP), First Trust RBA American Industrial Renaissance ETF (AIRR), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Invesco DWA Industrials Momentum ETF (PRN), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT), Touchstone US Large Cap Focused ETF (LCF) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). Is Hubbell a good dividend stock? Hubbell (NYSE:HUBB) pays an annual dividend of $4.48 per share and currently has a dividend yield of 1.51%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HUBB will have a dividend payout ratio of 31.48% 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 updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $13.00-$13.50 for the period, compared to the consensus earnings per share estimate of $11.32. The company issued revenue guidance of $5.34 billion-$5.44 billion, compared to the consensus revenue estimate of $5.23 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). What is Hubbell's stock symbol? Hubbell trades on the New York Stock Exchange (NYSE) under the ticker symbol "HUBB." Who are Hubbell's major shareholders? Hubbell's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.18%), Price T Rowe Associates Inc. MD (9.38%), JPMorgan Chase & Co. (5.10%), FMR LLC (3.75%), Bank of New York Mellon Corp (3.64%) and State Street Corp (3.27%). Insiders that own company stock include Allan Connolly, Anthony Guzzi, Carlos M Cardoso, David G Nord, Gerben Bakker, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Hubbell's stock price today? One share of HUBB stock can currently be purchased for approximately $304.50. How much money does Hubbell make? Hubbell (NYSE:HUBB) has a market capitalization of $16.32 billion and generates $4.95 billion in revenue each year. The industrial products company earns $545.90 million in net income (profit) each year or $10.47 on an earnings per share basis. How many employees does Hubbell have? The company employs 16,300 workers across the globe. How can I contact Hubbell? Hubbell's mailing address is 40 WATERVIEW DRIVE, SHELTON CT, 06484. The official website for the company is www.hubbell.com. The industrial products company can be reached via phone at (475) 882-4000, via email at investor@hubbell.com, or via fax at 203-799-4333. This page (NYSE:HUBB) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hubbell Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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