News Image

Is NASDAQ:JBHT suited for dividend investing?

By Mill Chart

Last update: Apr 22, 2024

Unearth the potential of HUNT (JB) TRANSPRT SVCS INC (NASDAQ:JBHT) as a dividend stock recommended by our stock screening tool. NASDAQ:JBHT maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

Exploring NASDAQ:JBHT's Dividend

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NASDAQ:JBHT has been assigned a 7 for dividend:

  • Compared to an average industry Dividend Yield of 1.79, JBHT pays a bit more dividend than its industry peers.
  • The dividend of JBHT is nicely growing with an annual growth rate of 11.83%!
  • JBHT has paid a dividend for at least 10 years, which is a reliable track record.
  • JBHT has not decreased their dividend for at least 10 years, which is a reliable track record.
  • JBHT pays out 23.88% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of JBHT is growing, but earnings are growing more, so the dividend growth is sustainable.

A Closer Look at Health for NASDAQ:JBHT

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:JBHT was assigned a score of 5 for health:

  • An Altman-Z score of 5.41 indicates that JBHT is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.41, JBHT belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
  • A Debt/Equity ratio of 0.32 indicates that JBHT is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.32, JBHT is doing good in the industry, outperforming 69.44% of the companies in the same industry.

Understanding NASDAQ:JBHT's Profitability

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:JBHT, the assigned 7 is a significant indicator of profitability:

  • JBHT's Return On Assets of 8.53% is amongst the best of the industry. JBHT outperforms 86.11% of its industry peers.
  • The Return On Equity of JBHT (17.75%) is better than 77.78% of its industry peers.
  • JBHT has a better Return On Invested Capital (11.28%) than 88.89% of its industry peers.
  • JBHT had an Average Return On Invested Capital over the past 3 years of 14.53%. This is significantly above the industry average of 7.87%.
  • Looking at the Profit Margin, with a value of 5.68%, JBHT is in the better half of the industry, outperforming 63.89% of the companies in the same industry.
  • JBHT has a better Operating Margin (7.74%) than 63.89% of its industry peers.
  • JBHT's Gross Margin has improved in the last couple of years.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of JBHT

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

Back

HUNT (JB) TRANSPRT SVCS INC

NASDAQ:JBHT (12/24/2024, 8:22:28 PM)

After market: 171.57 0 (0%)

171.57

+1.03 (+0.6%)

Follow us for more