Latest news with #JBHT
Globe and Mail
23-07-2025
- Business
- Globe and Mail
J. B. Hunt Transport Services, Inc. Announces Quarterly Dividend
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.44 (forty four cents) per common share. The dividend is payable to stockholders of record on August 8, 2025 and will be paid on August 22, 2025. About J.B. Hunt J.B. Hunt's vision is to create the most efficient transportation network in North America. The company's industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360° ® digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders. J.B. Hunt Transport Services Inc. is an S&P 500 company and a component of the Dow Jones Transportation Average. Its stock trades on NASDAQ under the ticker symbol JBHT. J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The company's services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, transload and more. For more information, visit
Yahoo
16-07-2025
- Business
- Yahoo
JB Hunt Transport Services Inc (JBHT) Q2 2025 Earnings Call Highlights: Navigating Flat Revenue ...
Free Cash Flow: Over $225 million generated in the second quarter. Revenue: Flat on a consolidated GAAP basis compared to the prior-year quarter. Operating Income: Decreased by 4% year-over-year. Diluted Earnings Per Share: Less than 1% below the prior-year quarter. Cost Reduction Initiative: $100 million identified annual cost to eliminate. Net Capital Expenditures: Expected between $550 million and $650 million for 2025. Stock Repurchase: $319 million repurchased in the second quarter, a quarterly record. Intermodal Volume Growth: Up 6% year-over-year, with Eastern volume growing 15%. Dedicated Segment Sales: Approximately 275 trucks sold in new deals during the second quarter. Warning! GuruFocus has detected 5 Warning Signs with JBHT. Release Date: July 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. JB Hunt Transport Services Inc (NASDAQ:JBHT) achieved back-to-back years of record safety performance and low driver turnover metrics. The company completed Intermodal bid season with positive pricing for the first time in two years, gaining market share. JBHT generated over $225 million of free cash flow in the quarter, highlighting the strength and resiliency of its business. The company has identified $100 million in annual cost savings through efficiency, productivity, and asset utilization improvements. JBHT's balance sheet remains strong with minimal leverage, allowing for continued investment in growth and shareholder returns. Inflationary pressures, particularly in wages, insurance, and equipment costs, negatively impacted margins. Consolidated GAAP revenue was flat, and operating income decreased by 4% compared to the prior-year quarter. The company's brokerage business still requires work to rightsize the cost structure and grow with the right customers. Demand for big and bulky products in the Final Mile segment remains muted, affecting performance. The company did not achieve the desired rate increases in the Intermodal bid season to fully cover inflationary costs. Q: Darren, when considering the revenue per load cadence for the next four quarters, does the rest of the year and early next year look like 2Q, or is there anything that can change the dynamic of that driver? A: Darren Field, Executive Vice President, President of Intermodal, explained that mix can play a significant role, with current results reflecting customer noise around tariffs and imports. Core pricing is slightly positive, and they will be closely watching the highway market to adapt. Intermodal traditionally lags behind the truck market, but they aim to keep up faster as the year progresses. Q: Can you provide more detail on the $100 million cost savings initiative and how it will play out through the rest of '25 and beyond? A: John Kuhlow, CFO, stated that the $100 million initiative is a continuation of previous efforts and focuses on efficiency, productivity, asset utilization, and technology improvements. The savings will be proportionate to the level of spend within segments, with Dedicated sharing a fair proportion due to its large area of spend. Q: Can you provide insights into cost improvement initiatives specific to ICS? A: Nicholas Hobbs, COO, mentioned that ICS has been working on span and control to get more efficient with people, resulting in a $3 million reduction in operating expenses. The focus is on driving cost out through efficiency and productivity improvements. Q: Can you elaborate on the cost savings target and how much is volume dependent? A: John Kuhlow, CFO, explained that the cost savings target involves structural changes across salaries, benefits, equipment utilization, and more. While volume improvement will help, the focus is on removing structural costs from the system. Q: Are we at a point where year-over-year Intermodal margins can start improving, or do we need to wait for another pricing cycle? A: Darren Field, Executive Vice President, President of Intermodal, believes margins have stabilized and cost initiatives will help moving forward. While pricing hasn't kept up with cost pressures, growth and cost control are also factors that can help improve margins. Q: Can you discuss the impact of the dedicated customer loss that trickled into July on 2Q margins? A: Bradley Hicks, Executive Vice President - People, President of Highway Services, stated that the timing of the customer loss had no material impact on 2Q profitability. The business was in line with operating results, and the timing of the account closure was a minor factor. Q: How do you see peak season developing given customer uncertainty and tariffs? A: Spencer Frazier, Executive Vice President, Sales and Marketing, noted that peak season will vary for each customer due to changes in trade policy and sourcing strategies. The company is prepared with people and equipment to meet demand whenever it occurs. Q: Is the convergence of Intermodal and Dedicated EBIT cyclical or structural, and how do you see their trajectories in an upcycle? A: Brad Delco, Senior Vice President, Finance, explained that the convergence is more cyclical, with Dedicated closer to its margin target range. Both segments have strong secular trends, and the company is focused on growth and cost control to improve margins. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
J.B. Hunt Transport Services' Q2 2025 Earnings: What to Expect
Valued at a market cap of $14.2 billion, J.B. Hunt Transport Services, Inc. (JBHT) is a surface transportation, delivery, and logistics company. The Lowell, Arkansas-based company operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The transportation and logistics company is expected to release its Q2 2025 earnings on Tuesday, Jul. 15. Ahead of this event, analysts expect JBHT to post earnings of $1.36 per share, reflecting a growth of over 3% from $1.32 per share reported in the same quarter last year. It has surpassed Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. Dear Nvidia Stock Fans, Watch This Event Today Closely A $2 Billion Reason to Sell Super Micro Computer Stock Now 3 ETFs Offering Juicy Dividend Yields of 15% or Higher Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the fiscal 2025, analysts forecast J.B. Hunt to report an EPS of $5.75, marking an increase of 3.4% from $5.56 reported in fiscal 2024. Moreover, in fiscal 2026, its earnings are expected to grow 23.8% year-over-year to $7.12 per share. JBHT stock has declined 8.8% over the past 52 weeks, underperforming the S&P 500 Index's ($SPX) 12.1% gain and the Industrial Select Sector SPDR Fund's (XLI) 19.4% return during the same period. Shares of JBHT tumbled 7.7% following the release of its mixed Q1 2025 results on Apr. 15. While revenue of $2.9 billion met Wall Street expectations, it declined slightly year-over-year due to volume and pricing pressures across several segments. Key weaknesses included a 5% drop in average truck count in Dedicated Contract Services and double-digit declines in Final Mile Services, Integrated Capacity Solutions, and Truckload revenue per load. Although EPS of $1.17 beat estimates, the 4.1% year-over-year decline and an 8.1% drop in operating income raised concerns about profitability. Analysts' consensus view on JBHT stock remains moderately optimistic, with a "Moderate Buy" rating overall. Out of 23 analysts covering the stock, opinions include 11 "Strong Buys," one "Moderate Buy," 10 "Holds,' and one 'Moderate Sell.' It is currently trading below the mean price target of $149.87. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-06-2025
- Business
- Yahoo
Is J.B. Hunt Transport Stock Underperforming the S&P 500?
Lowell, Arkansas-based J.B. Hunt Transport Services, Inc. (JBHT) provides surface transportation, delivery, and logistics services in the United States. With a market cap of $13.8 billion, the company operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). Companies worth $10 billion or more are typically referred to as "large-cap stocks." JBHT fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the integrated freight & logistics industry. 2 Outstanding Stocks Under $50 to Buy and Hold Now Nvidia's Bringing Sovereign AI to Germany. Should You Buy NVDA Stock Here? A $1 Billion Reason to Buy MicroStrategy Stock Here Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Despite its strengths, the stock has dipped 30.6% from its 52-week high of $200.40 touched on Nov. 11, 2024. Moreover, over the past three months, JBHT stock has declined 5.5%, underperforming the S&P 500 Index's ($SPX) 5.4% uptick during the same time frame. JBHT stock has declined 18.6% on a YTD basis, underperforming SPX's 1.7% uptick in 2025. Moreover, JBHT has declined 10.7% over the past 52 weeks, underperforming SPX's 9% gains. JBHT stock has been trading below its 200-day moving average since mid-February and mostly above its 50-day moving average since mid-May. On Apr. 15, JBHT stock declined 2% following the release of its Q1 earnings. The trucking and logistics company posted revenue of $2.92 billion in the period, which met Street forecasts. Moreover, its adjusted earnings for the quarter amounted to $1.17, surpassing the consensus estimates by 1.7%. Within the integrated freight & logistics industry, rival Expeditors International of Washington, Inc. (EXPD) has grown 2.1% in 2025 and has declined 9.2% over the past year, slightly outperforming the stock. Among the 24 analysts covering the JBHT stock, the consensus rating is a 'Moderate Buy.' Its mean price target of $151.33 suggests a modest 8.9% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
16-06-2025
- Business
- Yahoo
J.B. Hunt Transport Services (JBHT): It's 'Amazing' That People Are Buying It, Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) stands against other stocks that Jim Cramer discusses. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the biggest logistics and transportation companies in America. Its shares are dependent on broader economic performance and react negatively to market news such as tariffs. As a result, J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)'s shares have lost 18% year-to-date as investors have continued to worry about the impact rates and tariffs on the broader, non-tech economy. Cramer's comments about J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) revolved around recent retail investors' interest in the stock and how it related to sentiments about the economy: 'Well what people wanted frankly, they're buying the transport, they're buying JB Hunt. They're buying the most pedestrian of things. Which I've got to tell you is really rather amazing again. It's an indicator of people are really, really bullish. They think that there's going to be return to trade. That they were too negative during this period.' A truck on a highway, its exhausts billowing in the air. In his earlier remarks, Cramer commented on J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)'s earnings report: 'Once again, J.B. Hunt gives this conference call and you're just, it's like I come in hot, the number's good, it looks okay, 21 times earnings. And by like the fifth paragraph, I want to slit my throat. They have got to get their act together in terms of happiness. They do. What's up with Dan? What's the guy's name? They have an order for 10% happiness. I'm going to send them copies in that board. Every board member is going to get a copy of Dan Harris.' While we acknowledge the potential of JBHT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
