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

$168.46
+0.33 (+0.20%)
(As of 12:09 PM ET)
Today's Range
$166.66
$169.85
50-Day Range
$168.13
$218.78
52-Week Range
$160.07
$219.51
Volume
493,714 shs
Average Volume
807,024 shs
Market Capitalization
$17.40 billion
P/E Ratio
26.74
Dividend Yield
1.02%
Price Target
$205.56

J.B. Hunt Transport Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
15.8% Upside
$195.83 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
-0.36mentions of J.B. Hunt Transport Services in the last 14 days
Based on 56 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.

4.55 out of 5 stars

Transportation Sector

10th out of 107 stocks

Trucking, Except Local Industry

1st out of 12 stocks

JBHT stock logo

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

JBHT Stock News Headlines

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.
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.
A.I. Pioneer Issues Urgent Warning to Americans
According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”
Low VIX? 3 High Beta Stocks To Boost Your Returns
A low VIX typically makes high beta stocks more attractive for investors looking at beating the indexes. Three stocks stand out tied to macro tailwinds
A.I. Pioneer Issues Urgent Warning to Americans
According to one early A.I. pioneer: “You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There’s no middle option.”
J.B. Hunt Earnings Tumble in Weak Freight Market
See More Headlines
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Company Calendar

Last Earnings
1/18/2024
Ex-Dividend for 2/23 Dividend
2/08/2024
Dividend Payable
2/23/2024
Today
4/18/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:JBHT
CUSIP
44565810
Employees
8,756
Year Founded
1961

Price Target and Rating

Average Stock Price Target
$195.83
High Stock Price Target
$215.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+22.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
17 Analysts

Profitability

Net Income
$728.29 million
Pretax Margin
7.29%

Debt

Sales & Book Value

Annual Sales
$12.83 billion
Cash Flow
$13.06 per share
Book Value
$39.79 per share

Miscellaneous

Free Float
101,129,000
Market Cap
$17.37 billion
Optionable
Optionable
Beta
1.11

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Should I Buy J.B. Hunt Transport Services Stock? JBHT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in J.B. Hunt Transport Services, Inc.:

  • The stock has a consistent track record of increasing dividends, providing investors with a steady income stream.
  • Recent insider activity, such as directors buying shares, can indicate confidence in the company's future performance.
  • J.B. Hunt Transport Services has a strong market capitalization of $20.13 billion, indicating stability and size in the market.
  • The company's PE ratio of 27.96 suggests that the stock may be undervalued compared to its earnings potential.
  • J.B. Hunt Transport Services has a solid quick ratio of 1.15, indicating its ability to meet short-term obligations.

Cons

Investors should be bearish about investing in J.B. Hunt Transport Services, Inc. for these reasons:

  • The company's revenue for the quarter was down 9.6% on a year-over-year basis, indicating a decline in performance.
  • The stock's current price of $194.88 is below its 50-day moving average of $202.98, suggesting a short-term downward trend.
  • J.B. Hunt Transport Services has a debt-to-equity ratio of 0.32, which may pose some financial risk to investors.
  • The company's payout ratio of 24.68% may limit future growth opportunities or reinvestment in the business.
  • While the company has a one-year high of $219.51, the stock is currently trading closer to its one-year low of $164.39, indicating potential volatility.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these J.B. Hunt Transport Services pros and cons to contact@marketbeat.com.

JBHT Stock Analysis - Frequently Asked Questions

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

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for J.B. Hunt Transport Services in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research 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 equities research analysts have issued 12 month price objectives for J.B. Hunt Transport Services' stock. Their JBHT share price targets range from $165.00 to $215.00. On average, they expect the company's stock price to reach $195.83 in the next twelve months. This suggests a possible upside of 15.8% 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 start of the year. Since then, JBHT stock has decreased by 15.4% and is now trading at $169.07.
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 in 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 volume of 764,300 shares, the days-to-cover ratio is presently 3.4 days. Approximately 3.1% of the shares of the company are short sold.
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 quarterly earnings results on Thursday, January, 18th. The transportation company reported $1.47 EPS for the quarter, missing the consensus estimate of $1.74 by $0.27. The transportation company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.29 billion. J.B. Hunt Transport Services had a trailing twelve-month return on equity of 16.40% and a net margin of 5.25%. The company's revenue for the quarter was down 9.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.92 EPS.
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 declared a quarterly dividend on Thursday, January 18th. Stockholders of record on Friday, February 9th will be given a dividend of $0.43 per share on Friday, February 23rd. This represents a $1.72 annualized dividend and a yield of 1.02%. The ex-dividend date is Thursday, February 8th. This is a positive change 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 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 variety of institutional and retail investors. Top institutional shareholders include Running Oak Capital LLC (0.05%), Gateway Investment Advisers LLC (0.04%), West Coast Financial LLC (0.03%), Disciplined Investments LLC (0.03%), Czech National Bank (0.01%) and Hennion & Walsh Asset Management Inc. (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
This page (NASDAQ:JBHT) was last updated on 4/18/2024 by MarketBeat.com Staff

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