NYSE:HUBB Hubbell - HUBB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $241.02 +6.05 (+2.57%) (As of 03/20/2023 03:03 PM ET) Add Compare Share Share Today's Range$237.02▼$241.5950-Day Range$223.55▼$253.4652-Week Range$170.21▼$263.30Volume237,834 shsAverage Volume455,333 shsMarket Capitalization$12.92 billionP/E Ratio23.15Dividend Yield1.86%Price Target$230.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Hubbell MarketRank™ ForecastAnalyst RatingHold1.83 Rating ScoreUpside/Downside4.6% Downside$230.00 Price TargetShort InterestHealthy1.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.39Based on 6 Articles This WeekInsider TradingSelling Shares$2.25 M Sold Last QuarterProj. Earnings Growth6.12%From $11.27 to $11.96 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.1.87 out of 5 starsIndustrial Products Sector143rd out of 177 stocksElectronic Components & Accessories Industry5th 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 $230.00, Hubbell has a forecasted downside of 4.6% from its current price of $241.02.Amount of Analyst CoverageHubbell has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.91% of the float of Hubbell has been sold short.Short Interest Ratio / Days to CoverHubbell has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hubbell has recently increased by 15.22%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldHubbell pays a meaningful dividend of 1.91%, 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 43.04%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hubbell will have a dividend payout ratio of 37.46% 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 1.9 News and Social Media Coverage News SentimentHubbell has a news sentiment score of 0.39. 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 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Hubbell this week, compared to 4 articles on an average week.Search InterestOnly 6 people have searched for HUBB on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Hubbell to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 $2,251,480.00 in company stock.Percentage Held by InsidersOnly 0.82% 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 6.12% in the coming year, from $11.27 to $11.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hubbell is 23.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Hubbell is 23.15, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 14.92.Price to Earnings Growth RatioHubbell has a PEG Ratio of 2.08. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHubbell has a P/B Ratio of 5.46. 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 HeadlinesMarch 20, 2023 | finance.yahoo.comIs It Too Late To Consider Buying Hubbell Incorporated (NYSE:HUBB)?March 16, 2023 | americanbankingnews.comHubbell Incorporated (NYSE:HUBB) Short Interest Up 15.2% in FebruaryMarch 20, 2023 | Investing Daily (Ad)This Trade Strategy Outpaces Almost AnythingDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 14, 2023 | finance.yahoo.comHubbell Incorporated Recognized as One of the 2023 World's Most Ethical CompaniesMarch 7, 2023 | finance.yahoo.comHubbell (HUBB) Stock Moves -1.15%: What You Should KnowMarch 2, 2023 | finance.yahoo.comHubbell (HUBB) Dips More Than Broader Markets: What You Should KnowFebruary 22, 2023 | finance.yahoo.comHubbell Incorporated (NYSE:HUBB) Passed Our Checks, And It's About To Pay A US$1.12 DividendFebruary 15, 2023 | marketwatch.comPortable Ground Fault Circuit Interrupter (GFCI) Market Size, Share, Growth Statistics, Leading Players and Forecast 2028March 20, 2023 | Investing Daily (Ad)This Trade Strategy Outpaces Almost AnythingDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. February 15, 2023 | marketwatch.comGFCI Safety Receptacles Market Growth and Status Explored in a New Research Report 2028February 14, 2023 | marketwatch.comMetal Oxide Surge Arrester (MOA) Market Size, Data Analysis and Growth Dynamics 2023 to 2029 | Hitachi Energy, Hubbell, Toshiba, Eaton CooperFebruary 7, 2023 | marketwatch.comResidential Outdoor Lighting Market Demand, Share, Key Players, Size, Growth Analysis, and Forecast 2028February 7, 2023 | marketwatch.comSwitches and Electrical Outlets Market is set to see Revolutionary growth in decadeFebruary 7, 2023 | msn.comThe True Story of Why Robert Redford Almost Didn't Make The Way We WereFebruary 7, 2023 | msn.comNearly 500 new single-family homes planned on Des Moines' northeast sideFebruary 1, 2023 | finance.yahoo.comHubbell Incorporated (NYSE:HUBB) Q4 2022 Earnings Call TranscriptFebruary 1, 2023 | finance.yahoo.comShould Weakness in Hubbell Incorporated's (NYSE:HUBB) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?February 1, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About Hubbell (HUBB) Q4 EarningsJanuary 31, 2023 | finance.yahoo.comHubbell (HUBB) Q4 Earnings Surpass EstimatesJanuary 31, 2023 | finance.yahoo.comHubbell Reports Fourth Quarter and Full Year 2022 ResultsJanuary 26, 2023 | finance.yahoo.comHubbell (HUBB) Outpaces Stock Market Gains: What You Should KnowJanuary 23, 2023 | finance.yahoo.comWhat's in the Offing for Hubbell (HUBB) in Q4 Earnings?January 18, 2023 | finance.yahoo.comHubbell (HUBB) Stock Moves -0.87%: What You Should KnowJanuary 17, 2023 | finance.yahoo.comHubbell to Announce Fourth Quarter 2022 Results on January 31, 2023January 16, 2023 | marketwatch.comGFCI Outlets Market Massive Growth Strikes Due To Technological Innovation During 2023-2029January 12, 2023 | finance.yahoo.comHubbell (HUBB) Stock Sinks As Market Gains: What You Should KnowJanuary 6, 2023 | finance.yahoo.comHubbell (HUBB) Gains But Lags Market: What You Should KnowSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings1/31/2023Ex-Dividend for 3/15 Dividend2/27/2023Dividend Payable3/15/2023Today3/20/2023Next Earnings (Estimated)4/25/2023Fiscal 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$230.00 High Stock Price Forecast$252.00 Low Stock Price Forecast$205.00 Forecasted Upside/Downside-2.1%Consensus RatingHold Rating Score (0-4)1.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$10.41 Trailing P/E Ratio22.57 Forward P/E Ratio20.85 P/E Growth2.14Net Income$545.90 million Net Margins11.40% Pretax Margin13.28% Return on Equity25.03% Return on Assets10.88% Debt Debt-to-Equity Ratio0.61 Current Ratio1.86 Quick Ratio1.18 Sales & Book Value Annual Sales$4.95 billion Price / Sales2.55 Cash Flow$13.11 per share Price / Cash Flow17.92 Book Value$44.14 per share Price / Book5.32Miscellaneous Outstanding Shares53,600,000Free Float53,161,000Market Cap$12.59 billion OptionableOptionable Beta1.02 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 CompetitorsStanley Black & DeckerNYSE:SWKNordsonNASDAQ:NDSNPackaging Co. of AmericaNYSE:PKGGracoNYSE:GGGAvery DennisonNYSE:AVYView All CompetitorsInsiders & InstitutionsNorth Star Asset Management Inc.Bought 1,290 shares on 3/6/2023Ownership: 0.004%Rockefeller Capital Management L.P.Bought 42 shares on 3/6/2023Ownership: 0.004%Voya Investment Management LLCSold 4,581 shares on 2/28/2023Ownership: 0.437%Trust Investment AdvisorsBought 3,166 shares on 2/28/2023Ownership: 0.006%Northwestern Mutual Wealth Management Co.Sold 486 shares on 2/21/2023Ownership: 0.004%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 Wall Street research analysts have issued 1 year price objectives for Hubbell's stock. Their HUBB share price forecasts range from $205.00 to $252.00. On average, they expect the company's share price to reach $230.00 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. 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 beginning of 2023. Since then, HUBB shares have increased by 0.1% and is now trading at $234.97. View the best growth stocks for 2023 here. Are investors shorting Hubbell? Hubbell saw a increase in short interest in February. As of February 28th, there was short interest totaling 1,020,000 shares, an increase of 15.2% from the February 13th total of 885,300 shares. Based on an average daily volume of 454,400 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.9% of the shares of the company 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, April 25th 2023. View our HUBB earnings forecast. How were Hubbell's earnings last quarter? Hubbell Incorporated (NYSE:HUBB) released its quarterly earnings results on Tuesday, January, 31st. The industrial products company reported $2.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.41 by $0.19. The industrial products company earned $1.22 billion during the quarter, compared to the consensus estimate of $1.24 billion. Hubbell had a net margin of 11.40% and a trailing twelve-month return on equity of 25.03%. The firm's quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.07 EPS. How often does Hubbell pay dividends? What is the dividend yield for Hubbell? Hubbell declared a quarterly dividend on Friday, January 27th. Investors of record on Tuesday, February 28th will be paid a dividend of $1.12 per share on Wednesday, March 15th. This represents a $4.48 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Monday, February 27th. 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), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), First Trust RBA American Industrial Renaissance ETF (AIRR), Invesco DWA Industrials Momentum ETF (PRN), First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT) and Touchstone US Large Cap Focused ETF (LCF). 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 1.91%. 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 43.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HUBB will have a dividend payout ratio of 37.46% 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 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share guidance of $11.00-$11.50 for the period, compared to the consensus EPS estimate of $11.14. The company issued revenue guidance of $5.20 billion-$5.29 billion, compared to the consensus revenue estimate of $5.20 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 retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.55%), JPMorgan Chase & Co. (4.81%), Victory Capital Management Inc. (2.45%), Victory Capital Management Inc. (2.43%), Impax Asset Management Group plc (1.87%) and Geode Capital Management LLC (1.59%). 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 $234.97. How much money does Hubbell make? Hubbell (NYSE:HUBB) has a market capitalization of $12.59 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 $10.41 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 3/20/2023 by MarketBeat.com Staff 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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