Should I buy or sell J.B. Hunt Transport Services stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for J.B. Hunt Transport Services in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" JBHT shares. View JBHT analyst ratings or view top-rated stocks .

What is J.B. Hunt Transport Services' stock price target for 2024?

17 Wall Street research analysts have issued 1 year price objectives for J.B. Hunt Transport Services' stock. Their JBHT share price targets range from $165.00 to $215.00. On average, they anticipate the company's stock price to reach $194.56 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price. View analysts price targets for JBHT or view top-rated stocks among Wall Street analysts .

How have JBHT shares performed in 2024?

J.B. Hunt Transport Services' stock was trading at $199.74 at the beginning of 2024. Since then, JBHT stock has decreased by 17.2% and is now trading at $165.32. View the best growth stocks for 2024 here .

Are investors shorting J.B. Hunt Transport Services?

J.B. Hunt Transport Services saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,570,000 shares, an increase of 28.5% from the March 15th total of 2,000,000 shares. Based on an average daily trading volume, of 764,300 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.1% of the company's stock are sold short. View J.B. Hunt Transport Services' Short Interest .

When is J.B. Hunt Transport Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024. View our JBHT earnings forecast .

How were J.B. Hunt Transport Services' earnings last quarter?

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced its earnings results on Thursday, January, 18th. The transportation company reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.74 by $0.27. The transportation company had revenue of $3.30 billion for the quarter, compared to analysts' expectations of $3.29 billion. J.B. Hunt Transport Services had a net margin of 5.25% and a trailing twelve-month return on equity of 16.40%. The company's revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.92 earnings per share. Read the conference call transcript .

How often does J.B. Hunt Transport Services pay dividends? What is the dividend yield for J.B. Hunt Transport Services?

J.B. Hunt Transport Services announced a quarterly dividend on Thursday, January 18th. Stockholders of record on Friday, February 9th will be paid a dividend of $0.43 per share on Friday, February 23rd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Thursday, February 8th. This is a boost from the stock's previous quarterly dividend of $0.42. Read our dividend analysis for JBHT .

Is J.B. Hunt Transport Services a good dividend stock?

J.B. Hunt Transport Services (NASDAQ:JBHT) pays an annual dividend of $1.72 per share and currently has a dividend yield of 0.94%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBHT will have a dividend payout ratio of 18.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for JBHT .

What ETFs hold J.B. Hunt Transport Services' stock?

ETFs with the largest weight of J.B. Hunt Transport Services (NASDAQ:JBHT) stock in their portfolio include iShares U.S. Transportation ETF (IYT) , VictoryShares THB Mid Cap ESG ETF (MDCP) , SPDR S&P Transportation ETF (XTN) , First Trust Nasdaq Transportation ETF (FTXR) , VictoryShares Nasdaq Next 50 ETF (QQQN) , Direxion Daily Transportation Bull 3X Shares (TPOR) , Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) and Running Oak Efficient Growth ETF (RUNN) .

What is John N. Roberts III's approval rating as J.B. Hunt Transport Services' CEO?

756 employees have rated J.B. Hunt Transport Services Chief Executive Officer John N. Roberts III on Glassdoor.com . John N. Roberts III has an approval rating of 86% among the company's employees.

What other stocks do shareholders of J.B. Hunt Transport Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other J.B. Hunt Transport Services investors own include Intel (INTC) , NVIDIA (NVDA) , Visa (V) , Johnson & Johnson (JNJ) , JPMorgan Chase & Co. (JPM) , Micron Technology (MU) , AbbVie (ABBV) , Walt Disney (DIS) , QUALCOMM (QCOM) and Advanced Micro Devices (AMD) .

Who are J.B. Hunt Transport Services' major shareholders?

J.B. Hunt Transport Services' stock is owned by a number of institutional and retail investors. Top institutional investors include Hexagon Capital Partners LLC (0.37%), Running Oak Capital LLC (0.05%), Gateway Investment Advisers LLC (0.04%), West Coast Financial LLC (0.03%), Disciplined Investments LLC (0.03%) and Czech National Bank (0.01%). Insiders that own company stock include Alfred C Harper, Bradley W Hicks , Brian Webb, Darren P Field, Darren P Field , David Keefauver, Earl Wayne Garrison , Eric Mcgee , Gary Charles George , James K Thompson , Jennifer Boattini , Joe Bob Perkins, John Kuhlow , Kevin Bracy , Nicholas Hobbs , Patrick J Ottensmeyer, Sharilyn S Gasaway , Shelley Simpson , Spencer Frazier and Stuart Lockard Scott . View institutional ownership trends .

How do I buy shares of J.B. Hunt Transport Services?

Shares of JBHT 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 .

Does J.B. Hunt Transport Services have any subsidiaries?

The following companies are subsidiares of J.B. Hunt Transport Services: Cory 1st Choice Home Delivery, J.B. Hunt Transport Inc. a Georgia corporation, Mass Movement, RDI Logistics, Special Logistics, and Zenith Global Logistics. Read More

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NASDAQ:JBHT

J.B. Hunt Transport Services (JBHT) Stock Price, News & Analysis

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$164.20

-3.93 (-2.34%)

(As of 05:32 PM ET)

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Today's Range: $163.61
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$169.85
50-Day Range: $168.13
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$218.78
52-Week Range: $160.07
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$219.51

Volume: 1.88 million shs
Average Volume: 825,813 shs
Market Capitalization: $16.96 billion

P/E Ratio: 26.06
Dividend Yield: 1.05%
Price Target: $194.56

Get J.B. Hunt Transport Services alerts:

J.B. Hunt Transport Services MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.65 Rating Score
Upside/Downside: 17.7% Upside
$194.56 Price Target
Short Interest: Healthy
3.11% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -7.26
Upright™ Environmental Score
News Sentiment: -0.36
Based on 57 Articles This Week
Insider Trading: Selling Shares
$4.31 M Sold Last Quarter
Proj. Earnings Growth: 23.12%
From $7.57 to $9.32 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.

4.54 out of 5 stars

Transportation Sector

14th out of 107 stocks

Trucking, Except Local Industry

2nd out of 12 stocks

3.3

Analyst's Opinion

Consensus Rating
J.B. Hunt Transport Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 11 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
J.B. Hunt Transport Services has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.11% of the float of J.B. Hunt Transport Services has been sold short.
Short Interest Ratio / Days to Cover
J.B. Hunt Transport Services has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in J.B. Hunt Transport Services has recently increased by 28.50%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
J.B. Hunt Transport Services has a dividend yield of 0.94%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
J.B. Hunt Transport Services has been increasing its dividend for 21 years.
Dividend Coverage
The dividend payout ratio of J.B. Hunt Transport Services is 27.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, J.B. Hunt Transport Services will have a dividend payout ratio of 18.45% next year. This indicates that J.B. Hunt Transport Services will be able to sustain or increase its dividend.

0.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
J.B. Hunt Transport Services has received a -86.87% net impact score from Upright. The largest negative impact of J. B. Hunt in category "GHG emissions" seems to be driven mostly by its "Diesel rail freight transport services for intermodal freight", "Truck freight transport services", and "Less than truckload freight transport services" products. See details.
Environmental Sustainability
The Environmental Impact score for J.B. Hunt Transport Services is -7.26.

1.5

News and Social Media Coverage

News Sentiment
J.B. Hunt Transport Services has a news sentiment score of -0.36. 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 0.50 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 57 news articles for J.B. Hunt Transport Services this week, compared to 8 articles on an average week.
Search Interest
16 people have searched for JBHT on MarketBeat in the last 30 days. This is an increase of 220% compared to the previous 30 days.
MarketBeat Follows
Only 12 people have added J.B. Hunt Transport Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, J.B. Hunt Transport Services insiders have sold 324.62% more of their company's stock than they have bought. Specifically, they have bought $1,014,950.00 in company stock and sold $4,309,687.00 in company stock.
Percentage Held by Insiders
Only 2.10% of the stock of J.B. Hunt Transport Services is held by insiders.
Percentage Held by Institutions
74.95% of the stock of J.B. Hunt Transport Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for J.B. Hunt Transport Services are expected to grow by 23.12% in the coming year, from $7.57 to $9.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of J.B. Hunt Transport Services is 26.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of J.B. Hunt Transport Services is 26.24, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 15.79.
Price to Earnings Growth Ratio
J.B. Hunt Transport Services has a PEG Ratio of 1.61. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
J.B. Hunt Transport Services has a P/B Ratio of 4.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About J.B. Hunt Transport Services Stock (NASDAQ:JBHT)

J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions. It operates 118,171 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 100,825 units; and manages a fleet of 5,944 company-owned tractors, 436 independent contractor trucks, and 7,567 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2023, it operated 12,574 company-owned trucks, 674 customer-owned trucks, and 4 contractor trucks. The company also operates 27,194 owned pieces of trailing equipment and 5,406 customer-owned trailers. The ICS segment provides freight brokerage and transportation logistics solutions; flatbed, refrigerated, expedited, and less-than-truckload, as well as dry-van and intermodal solutions; online multimodal marketplace; and logistics management for customers to outsource their transportation functions. The FMS segment offers delivery services through 1,166 company-owned trucks, 225 customer-owned trucks, and 20 independent contractor trucks; and 1,212 owned pieces of trailing equipment and 102 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through 27 company-owned tractors and 13,561 company-owned trailers. It also transports or arranges for the transportation of freight, such as general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company was incorporated in 1961 and is headquartered in Lowell, Arkansas.

JBHT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

JBHT Stock News Headlines

April 17, 2024 | marketbeat.com

J.B. Hunt Hits the Skids: Lower Prices to Come

J.B. Hunt's weak quarter spells bad news for transportation stocks and the S&P 500 this year. A pivot back to growth is coming, but not until next year.

April 17, 2024 | marketbeat.com

J.B. Hunt Hits the Skids: Lower Prices to Come

J.B. Hunt NASDAQ: JBHT is amid an industry normalization that will reinvigorate its market. However, the normalizing is taking longer than expected, and there are risks to the economy that point to lower price action before the recovery can begin.

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