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J.B. Hunt Transport Services, Inc. (JBHT) Stock Analysis

By Nova Skye | AltStation.io | Updated October 28, 2026

Price

$229.17

Change

+2.09%

Market Cap

$21.52B

Avg Volume

977.7K

Company Overview

J.B. Hunt Transport Services, Inc. is a major freight and logistics carrier headquartered in Lowell, Arkansas, operating in the Industrials sector under Integrated Freight & Logistics. Founded in 1961, the company moves commercial cargo across North America for businesses shipping everything from retail merchandise and home appliances to food, automotive parts, and chemicals. Its business spans five core operating segments: Intermodal, Dedicated Contract Services, Integrated Capacity Solutions, Final Mile Services, and Truckload. Rather than relying on a single hauling method, the company combines long-haul rail-truck intermodal routes, dedicated fleet outsourcing, digital brokerage, and direct residential delivery.

The company’s primary competitive advantage is raw physical scale in domestic intermodal shipping. Its Intermodal division alone controls 124,838 pieces of company-owned trailing equipment, 104,474 chassis units, 5,880 company-owned tractors, and 8,704 company drivers. That massive owned infrastructure creates high barriers to entry against smaller freight brokers and standalone trucking outfits. However, heavy asset ownership also leaves the business exposed to swings in equipment utilization and maintenance overhead across cyclical freight volumes. To counter that risk, its Dedicated Contract Services division locks in predictable customer demand with 11,878 company-owned trucks and 26,767 owned trailers assigned directly to client supply chains.

As of December 31, 2025, J.B. Hunt operates as a diversified logistics network balancing capital-heavy dedicated fleets against asset-light brokerage. The Integrated Capacity Solutions segment acts as an online multimodal marketplace and logistics manager, letting shippers outsource refrigerated, flatbed, expedited, and less-than-truckload freight without requiring dedicated equipment. Meanwhile, its Final Mile Services unit handles specialized commercial and residential delivery through 1,085 company trucks and 1,091 trailers, and the Truckload division manages highway dry-van movements with 12,658 company trailers. This multi-segment structure gives the company the flexibility to capture specialized delivery demand while keeping its core freight volume anchored to long-term contract logistics.

Key Financials

Market Cap

$21.52B

Revenue

$13.33B

EBITDA

$1.68B

Gross Margin

17.9%

Profit Margin

5.1%

Revenue Growth

20.4%

Total Cash

$3.75M

Total Debt

$1.45B

Free Cash Flow

$841.74M

52-Week Price Performance Analysis

Price Statistics

P/E Ratio

32.01

Forward P/E

23.30

Beta

1.31

52-Week High

$299.76

52-Week Low

$157.82

EPS

$7.16

50-Day Avg

$246.03

200-Day Avg

$245.77

Price/Book

5.88

Technical Analysis

JBHT trades at $229.17, 53% of the way from its $156.95 52-week low to its $299.26 high. The stock remains 22.49% below that high but stands 47.79% above the low. Price is 1.59% above its 20-day moving average of $228.32, while momentum is positive at 2.45% over five trading days and 1.16% over 20 days. Near-term support is $222.64, the 30-day low. Resistance sits at $237.41, the 30-day high, making that the first level bulls need to clear.

Recent News and Developments

J.B. Hunt declares $0.45 quarterly dividend

J.B. Hunt declared a quarterly dividend of $0.45 per share on October 21. Shareholders of record on November 6 will receive payment on November 20. Source: Nasdaq

Bernstein reiterates Buy rating with $307 target

Bernstein analyst David Vernon reiterated a Buy rating on October 23 with a $307 price target. That target was 33.14% above JBHT’s October 22 closing price of $230.59. Source: The Fly

Law firm opens securities investigation into J.B. Hunt

Pomerantz announced on October 22 that it was investigating whether J.B. Hunt or certain officers and directors engaged in securities fraud or other unlawful practices. This is a law-firm investigation, not a finding of wrongdoing or an announced regulatory enforcement action. Source: PR Newswire

Market Sentiment and Analyst Recommendations

Bull Case

Revenue is $13.33 billion, and revenue growth of 20.4% gives investors a real fundamental reason to own JBHT. The analyst consensus is buy across 23 analysts. Their average target is $279.52, well above the current $229.17 price. Bernstein reiterated a Buy rating on October 23 with a $307 target, which was 33.14% above the October 22 closing price of $230.59. Momentum is also improving, with gains of 2.45% over five trading days and 1.16% over 20 days. The company declared a $0.45 quarterly dividend on October 21, giving shareholders another reason to hold while waiting for the growth thesis to play out.

Bear Case

JBHT is not cheap at 32.01 times earnings. That valuation leaves little room for weak growth or disappointing execution. The balance sheet also deserves scrutiny: total debt is $1.45 billion against just $3.75 million in cash. The stock remains 22.49% below its 52-week high, showing that investors have not fully restored the prior valuation. Analyst targets range from $187 to $330, a wide spread that signals substantial disagreement about fair value. Pomerantz announced a securities investigation on October 22, although this is not a finding of wrongdoing or an announced regulatory enforcement action. At $229.17, investors are paying a premium multiple while accepting meaningful debt and unresolved legal uncertainty.

What to Watch

The first technical test is $237.41, the 30-day high and near-term resistance level. A drop below $222.64 would break the stated near-term support, while holding above the $228.32 moving average would keep the short-term setup constructive. Investors should monitor whether revenue growth remains near the reported 20.4%, because a 32.01 P/E demands continued growth. Shareholders of record on November 6 are scheduled to receive the declared $0.45 dividend on November 20. The Pomerantz investigation should be tracked for any evidence beyond the law firm’s October 22 announcement, which currently does not establish wrongdoing. Analyst revisions also matter: the average target is $279.52, while Bernstein’s October 23 target is $307 and the full analyst range stretches from $187 to $330.

Analyst Consensus

BUY

Based on 23 analyst opinions

Low Target

$187.00

Mean Target

$279.52

High Target

$330.00

Earnings and Financial Data

Sector

Industrials

Industry

Integrated Freight & Logistics

Employees

31,750

Earnings & Dividends

Next Earnings

Jan 15, 2027

EPS (Trailing)

$7.16

Dividend Yield

80.0%

Payout Ratio

25.3%

Frequently Asked Questions

Is JBHT a good stock to buy?

The consensus recommendation is buy based on 23 analysts, and revenue growth is 20.4%. The takeaway is that analysts favor JBHT, but investors must accept a 32.01 P/E.

What is JBHT’s price target?

The average analyst target is $279.52, with estimates ranging from $187 to $330. The takeaway is that the consensus sees upside from $229.17, but expectations vary widely.

Is JBHT stock expensive?

JBHT trades at a P/E ratio of 32.01 with revenue growth of 20.4%. The takeaway is that the valuation requires strong growth to continue.

What are JBHT’s support and resistance levels?

Near-term support is $222.64, and near-term resistance is $237.41. The takeaway is that these are the key 30-day levels to watch.

How strong is JBHT’s balance sheet?

JBHT has $3.75 million in total cash and $1.45 billion in total debt. The takeaway is that debt substantially exceeds reported cash.

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Disclaimer: This report is for informational purposes only and does not constitute financial advice. The analysis and opinions expressed are those of AltStation.io and should not be relied upon as the sole basis for investment decisions. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. Updated October 28, 2026.