J.B. Hunt announces quarterly dividend of $0.44 per share

LOWELL, Ark. - J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), a prominent player in the North American transportation sector, has declared a regular quarterly dividend of $0.44 per common share. Stockholders on record as of May 9, 2025, are slated to receive the dividend, which will be distributed on May 23, 2025. According to InvestingPro data, the company has maintained dividend payments for 22 consecutive years and has raised its dividend for 11 straight years, demonstrating a strong commitment to shareholder returns.

The company’s strategic approach, combining its extensive fleet with the digital capabilities of its J.B. Hunt 360° platform, aims to meet diverse shipping requirements while promoting supply chain efficiency. With annual revenue of $12.06 billion and a market capitalization of $13.16 billion, J.B. Hunt’s consistent investments in technology, capacity, and its workforce are part of its commitment to fostering sustainable growth and delivering value to its stakeholders. InvestingPro analysis indicates the company operates with moderate debt levels and maintains healthy profit margins.

As a Fortune 500 and S&P 500 entity, and a component of the Dow Jones Transportation Average, J.B. Hunt’s performance is closely watched by investors. The company’s broad array of services includes intermodal, dedicated, refrigerated, truckload, and less-than-truckload shipping, among others, catering to a wide range of transportation needs.

The announcement of the dividend follows the company’s vision of creating a highly efficient transportation network and reflects its financial practices aimed at providing returns to its shareholders. For deeper insights into J.B. Hunt’s financial health, valuation metrics, and growth potential, investors can access the comprehensive Pro Research Report available exclusively on InvestingPro, covering over 1,400 top US stocks.

This dividend declaration is based on a press release statement from J.B. Hunt Transport Services, Inc.

In other recent news, J.B. Hunt Transport Services reported first-quarter earnings per share (EPS) of $1.17, meeting FactSet’s consensus and slightly surpassing Benchmark’s expectation of $1.15. The company’s intermodal load growth saw a 7.6% year-over-year increase, particularly strong in the eastern regions, although there was only limited success in improving intermodal rates per load. Despite these challenges, Benchmark maintained a Buy rating with a $175 price target, while BMO Capital Markets also kept an Outperform rating but reduced their price target to $175, citing macroeconomic uncertainties. UBS adjusted its price target to $155, maintaining a Buy rating, as they revised their EPS estimates downward due to anticipated declines in intermodal volumes and margins. TD Cowen lowered their price target to $140, keeping a Hold rating, highlighting volume concerns and a challenging bid season for intermodal services. J.B. Hunt’s management has responded to these market conditions by reducing capital expenditure plans and focusing on cost management. Analysts from various firms acknowledged the uncertain economic landscape but expressed cautious optimism about J.B. Hunt’s long-term growth potential.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.