Hansen, Mueller Industries director, sells $105,710 in stock
LOWELL, Ark. - J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced Wednesday that its Board of Directors has declared a quarterly dividend of $0.44 per share and authorized a new $1 billion share repurchase program. The company has maintained dividend payments for 22 consecutive years, with 11 straight years of increases, according to InvestingPro data.
The quarterly dividend will be paid on November 21, 2025, to stockholders of record as of November 7, 2025.
The transportation company’s new share repurchase program will commence after the completion of its existing $1 billion program, which had $107 million remaining as of September 30, 2025. The newly approved buyback has no stated expiration date but may be suspended or discontinued at any time.
According to the press release statement, the timing and amount of repurchases will vary based on market conditions, cash flows, and securities law limitations.
J.B. Hunt, an S&P 500 company and component of the Dow Jones Transportation Average, provides various transportation services including intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, and last mile delivery.
The company describes itself as creating an efficient transportation network in North America through its mode-neutral approach and digital freight marketplace called J.B. Hunt 360°.
In other recent news, J.B. Hunt Transport Services reported third-quarter earnings that surpassed analyst expectations, with earnings per share of $1.76. This result significantly exceeded the consensus estimate of $1.46, highlighting the company’s strong operational execution and cost-saving initiatives. Following this earnings beat, several analyst firms adjusted their price targets for J.B. Hunt. DA Davidson raised its target to $175, maintaining a Buy rating, while UBS increased its target to $174 with a Neutral rating. Benchmark also reiterated its Buy rating, keeping the price target at $165. Truist Securities raised its price target to $155, citing $20 million in quarterly cost savings and strong execution. Meanwhile, TD Cowen maintained a Hold rating with a price target of $152 after a comprehensive investor day. These developments reflect the company’s recent performance and the varying perspectives from analyst firms.
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