Hub Group, Inc. (HUBG) To Go Ex-Dividend on December 5th

Hub Group, Inc. (NASDAQ:HUBG) announced a quarterly dividend on Thursday, November 20th. Investors of record on Friday, December 5th will be paid a dividend of 0.125 per share by the transportation company on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, December 5th.

Hub Group has a dividend payout ratio of 20.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Hub Group to earn $2.77 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 18.1%.

Hub Group Price Performance

Shares of NASDAQ HUBG traded up $0.35 during midday trading on Wednesday, hitting $40.20. 335,112 shares of the company’s stock were exchanged, compared to its average volume of 600,185. The business’s fifty day moving average price is $35.78 and its two-hundred day moving average price is $35.34. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 23.22, a PEG ratio of 1.38 and a beta of 1.16. Hub Group has a 12-month low of $30.75 and a 12-month high of $51.38. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.09.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.49. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. The company had revenue of $934.50 million during the quarter, compared to the consensus estimate of $937.78 million. During the same period in the previous year, the firm posted $0.52 EPS. The firm’s revenue was down 5.3% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, research analysts forecast that Hub Group will post 2.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Frazier Financial Advisors LLC purchased a new position in shares of Hub Group in the 3rd quarter valued at approximately $35,000. Quarry LP raised its holdings in Hub Group by 271.5% in the third quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock worth $38,000 after purchasing an additional 809 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Hub Group by 33.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock valued at $44,000 after buying an additional 321 shares during the period. GAMMA Investing LLC lifted its position in Hub Group by 161.9% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock valued at $46,000 after buying an additional 850 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Hub Group by 333.8% during the 2nd quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock valued at $50,000 after buying an additional 1,145 shares in the last quarter. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Hub Group Company Profile

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.