S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
NASDAQ:JBHT

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

$195.20
+1.49 (+0.77%)
(As of 03/27/2024 ET)
Today's Range
$194.27
$196.75
50-Day Range
$190.83
$218.78
52-Week Range
$164.39
$219.51
Volume
531,901 shs
Average Volume
655,096 shs
Market Capitalization
$20.16 billion
P/E Ratio
28.01
Dividend Yield
0.88%
Price Target
$206.39

J.B. Hunt Transport Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
5.7% Upside
$206.39 Price Target
Short Interest
Healthy
2.42% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.26
Upright™ Environmental Score
News Sentiment
0.16mentions of J.B. Hunt Transport Services in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$4.31 M Sold Last Quarter
Proj. Earnings Growth
21.49%
From $7.77 to $9.44 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.

4.71 out of 5 stars

Transportation Sector

13th out of 116 stocks

Trucking, Except Local Industry

2nd out of 13 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

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
Altcoin FRENZY Alert…
Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days…
J.B. Hunt Transport Services, Inc.
J.B. Hunt Transport Services, Inc. (JBHT)
Altcoin FRENZY Alert…
Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days…
JBHT Quantitative Stock Analysis
J.B. Hunt Sets Leadership Succession, Names Simpson CEO
Goldman Sachs Keeps Their Buy Rating on JB Hunt (JBHT)
JB Hunt and Walmart make a multi-year deal
Rising prices, falling sales are a bad recipe for truckers
See More Headlines
Receive JBHT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for J.B. Hunt Transport Services and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/18/2024
Ex-Dividend for 2/23 Dividend
2/08/2024
Dividend Payable
2/23/2024
Today
3/28/2024
Next Earnings (Estimated)
4/15/2024
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
$206.39
High Stock Price Target
$234.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+5.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
16 Analysts

Profitability

Net Income
$728.29 million
Pretax Margin
7.29%

Debt

Sales & Book Value

Annual Sales
$12.83 billion
Cash Flow
$14.45 per share
Book Value
$39.79 per share

Miscellaneous

Free Float
101,129,000
Market Cap
$20.16 billion
Optionable
Optionable
Beta
1.11

Social Links

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of J.B. Hunt Transport Services was last updated on Tuesday, March 26, 2024 at 11:05 PM.

Pros

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

  • J.B. Hunt Transport Services has shown consistent growth in institutional investments, indicating confidence from major financial entities like JPMorgan Chase & Co. and Massachusetts Financial Services Co.
  • The company operates through multiple segments, diversifying its revenue streams and potentially reducing risk associated with dependence on a single service.
  • J.B. Hunt Transport Services offers a range of transportation and logistics solutions, catering to various customer needs and potentially expanding its market reach.
  • Recent increases in stock ownership by notable institutions like Norges Bank and Durable Capital Partners LP could signal positive expectations for the company's future performance.
  • The company's presence in the trucking industry, particularly in intermodal freight solutions, positions it well to benefit from the ongoing demand for transportation services in the United States.

Cons

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

  • Fluctuations in the transportation industry, influenced by factors like fuel prices and economic conditions, could impact the company's profitability and stock performance.
  • Competition within the trucking sector is intense, potentially leading to pricing pressures and reduced margins for J.B. Hunt Transport Services.
  • Market volatility and regulatory changes in the transportation and logistics sector may introduce uncertainties that could affect the company's operations and financial results.
  • Investors should carefully consider the company's stock price movements and valuation metrics to assess the investment opportunity and potential risks associated with market fluctuations.
  • External factors such as geopolitical events or natural disasters could disrupt supply chains and transportation networks, impacting J.B. Hunt Transport Services' operations and financial performance.

JBHT Stock Analysis - Frequently Asked Questions

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

16 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 5 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?

16 equities research analysts have issued 12-month target prices for J.B. Hunt Transport Services' shares. Their JBHT share price targets range from $165.00 to $234.00. On average, they expect the company's share price to reach $206.39 in the next twelve months. This suggests a possible upside of 5.7% 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 2.3% and is now trading at $195.20.
View the best growth stocks for 2024 here
.

Are investors shorting J.B. Hunt Transport Services?

J.B. Hunt Transport Services saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 2,000,000 shares, a decline of 7.0% from the February 29th total of 2,150,000 shares. Based on an average daily volume of 752,900 shares, the short-interest ratio is presently 2.7 days. Currently, 2.4% of the shares of the stock 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 Monday, April 15th 2024.
View our JBHT earnings forecast
.

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

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) issued 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 earned $3.30 billion during the quarter, compared to analyst estimates of $3.29 billion. J.B. Hunt Transport Services had a net margin of 5.68% and a trailing twelve-month return on equity of 18.40%. The firm's quarterly revenue was down 9.6% compared to the same quarter last year. During the same period last year, the firm 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 announced a quarterly dividend on Thursday, January 18th. Shareholders 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 0.88%. The ex-dividend date of this dividend is Thursday, February 8th. This is an increase 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 0.89%. 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 24.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JBHT will have a dividend payout ratio of 18.22% 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.45%), Vanguard Group Inc. (9.43%), Victory Capital Management Inc. (2.10%), Price T Rowe Associates Inc. MD (2.10%), Franklin Resources Inc. (1.76%) and Massachusetts Financial Services Co. MA (0.95%). 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 3/28/2024 by MarketBeat.com Staff

From Our Partners