Hub Group, Inc., an asset-light freight transportation management company, provides intermodal, truck brokerage, trucking, managed transportation, freight consolidation, warehousing, last mile delivery, international transportation, and other logistics services in North America. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over distances of 750 miles or more. The company contracts with railroads to provide transportation for the long-haul portion of the shipment between origin or destination and rail terminals for pickup and delivery services, as well as negotiates drayage rates for the transportation between origin and destination points. It also offers warehouse and transportation logistics services, including retailer-driven collaborative consolidation programs, as well as a range of transportation management services and technology solutions, such as shipment optimization, load consolidation, mode selection, carrier management, load planning and execution, and web-based shipment visibility services. In addition, the company provides multi-modal transportation services, such as small parcel, heavyweight, expedited, less-than-truckload, truckload, railcar, and international shipping. As of December 31, 2020, it owned approximately 41,500 53-foot containers. Hub Group, Inc. was founded in 1971 and is headquartered in Oak Brook, Illinois.
IPO Year: 1996
Exchange: NASDAQ
Website: hubgroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $43.00 → $49.00 | Hold | TD Cowen |
| 7/18/2024 | $50.00 → $43.00 | Buy → Hold | TD Cowen |
| 6/25/2024 | $44.00 | Outperform → In-line | Evercore ISI |
| 2/2/2024 | $52.00 → $54.00 | Outperform | TD Cowen |
| 1/10/2024 | $88.00 → $97.00 | Positive → Neutral | Susquehanna |
| 12/21/2023 | $101.00 → $104.00 | Outperform | TD Cowen |
| 10/27/2023 | $100.00 → $84.00 | Overweight → Neutral | JP Morgan |
| 10/4/2023 | $98.00 | Peer Perform → Outperform | Wolfe Research |
| 1/4/2023 | Buy → Neutral | UBS | |
| 11/17/2022 | Outperform → Peer Perform | Wolfe Research |
Highlights: GAAP diluted earnings per share (EPS) of $0.39 and revenue of $1.0 billion for the third quarterNon-GAAP adjusted EPS of $0.52, which excludes adjustments for a network alignment initiative and transaction related expenses in the quarter Quarterly operating income of $32 million or 3.3% of revenue, adjusted operating income (non-GAAP) of $42 million or 4.3% of revenue Returned $91 million to shareholders year-to-date through stock repurchases of $68 million, including $35 million in the third quarter, and dividend payments of $23 millionStrong balance sheet with cash and cash equivalents of $186 million and net debt/EBITDA LTM (non-GAAP) of 0.3x as of September 30, 2024Expanded
OAK BROOK, Ill., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will present at the following investor conferences during November 2024. Baird 2024 Global Industrials ConferenceWednesday, November 13, 2024, at 2:20 p.m. Central Time in Chicago, Illinois. Live audio webcast and replay of the presentation may be accessed for 30 days on the "Investors" section of the company's website at: www.hubgroup.com. Stephens Annual Investment Conference Tuesday, November 19, 2024, at 10:00 a.m. Central Time in Nashville, Tennessee. Live audio webcast and replay of the presentation may be accessed for 30 days on the "Investors" section of the company's we
OAK BROOK, Ill., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Wednesday, October 30, 2024, to discuss third quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group's web site at www.hubgroup.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telephone dial-in instructions below. To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BIcfa856aa
Hub Group to form joint venture with Mexico-based EASO, enhancing end-to-end solutions for customers and adding significant scale to its Intermodal capabilities. Transaction Highlights Unique partnership adds significant scale to Hub Group's intermodal business and drayage capabilities in Mexico; expands physical footprint via EASO's network of terminalsJoint venture will be the largest cross-border and intra-Mexico intermodal company, positioning Hub Group to capitalize on nearshoring trends and providing meaningful growth opportunitiesEASO has been expanding its cross-border presence and converting over-the-road freight to intermodal, resulting in over 30% YoY intermodal volume growthSiz
OAK BROOK, Ill., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on September 25, 2024, to stockholders of record as of September 6, 2024. Hub Group's quarterly cash dividend program, initially set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Priva
Highlights: Diluted earnings per share (EPS) of $0.47 for the quarterSecond quarter revenue of $1.0 billionQuarterly operating income of $40 million or 4.0% of revenueExecuting on Capital Allocation Plan by returning $48 million to shareholders year-to-date through dividend payments of $15 million and stock repurchases of $33 millionStrong balance sheet with cash and cash equivalents of $220 million and net debt/EBITDA of 0.3x (non-GAAP) as of June 30, 2024Awarded Domestic Partner of the Year by Target® OAK BROOK, Ill., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced second quarter 2024 net income of $29 million and diluted earnings per share of $0.47. Net incom
OAK BROOK, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, August 1, 2024, to discuss second quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group's web site at www.hubgroup.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telephone dial-in instructions below. To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BI21706b
MCLEAN, VA / ACCESSWIRE / June 17, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced that it has executed a 7-year, 2-month lease with Hub Group, Inc. ("Hub Group") at its 966,753 SF industrial building in Taylor, Pennsylvania, commencing July 1, 2024. The property was purchased by Gladstone Commercial in 2014.Hub Group (NASDAQ:HUBG) is a leading third-party logistics provider based in Oak Brook, Illinois. The company provides transportation and logistics services, including intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, dedicated and regional trucking."We are excited to bring Hub Group into our portfolio as the full buildi
OAK BROOK, Ill., May 23, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on June 26, 2024, to stockholders of record as of June 7, 2024. Hub Group's quarterly cash dividend program, initially set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securiti
OAK BROOK, Ill., May 01, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will present at the following investor conferences during May 2024. BofA Securities 2024 Transportation, Airlines & Industrials ConferenceWednesday, May 15, 2024, at 10:20 a.m. Eastern Time in New York, New York. Live audio webcast and replay of the presentation may be accessed for 30 days on the "Investors" section of the company's website at: www.hubgroup.com. Wolfe Research 17th Annual Global Transportation & Industrials ConferenceTuesday, May 21, 2024, at 10:35 a.m. Eastern Time in New York, New York. Live audio webcast and replay of the presentation may be accessed for 30 day
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
3 - Hub Group, Inc. (0000940942) (Issuer)
3 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
10-Q - Hub Group, Inc. (0000940942) (Filer)
8-K - Hub Group, Inc. (0000940942) (Filer)
10-Q - Hub Group, Inc. (0000940942) (Filer)
8-K - Hub Group, Inc. (0000940942) (Filer)
11-K - Hub Group, Inc. (0000940942) (Filer)
8-K - Hub Group, Inc. (0000940942) (Filer)
10-Q - Hub Group, Inc. (0000940942) (Filer)
8-K - Hub Group, Inc. (0000940942) (Filer)
ARS - Hub Group, Inc. (0000940942) (Filer)
DEFA14A - Hub Group, Inc. (0000940942) (Filer)
Highlights: GAAP diluted earnings per share (EPS) of $0.39 and revenue of $1.0 billion for the third quarterNon-GAAP adjusted EPS of $0.52, which excludes adjustments for a network alignment initiative and transaction related expenses in the quarter Quarterly operating income of $32 million or 3.3% of revenue, adjusted operating income (non-GAAP) of $42 million or 4.3% of revenue Returned $91 million to shareholders year-to-date through stock repurchases of $68 million, including $35 million in the third quarter, and dividend payments of $23 millionStrong balance sheet with cash and cash equivalents of $186 million and net debt/EBITDA LTM (non-GAAP) of 0.3x as of September 30, 2024Expanded
OAK BROOK, Ill., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Wednesday, October 30, 2024, to discuss third quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group's web site at www.hubgroup.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telephone dial-in instructions below. To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BIcfa856aa
OAK BROOK, Ill., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on September 25, 2024, to stockholders of record as of September 6, 2024. Hub Group's quarterly cash dividend program, initially set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Priva
Highlights: Diluted earnings per share (EPS) of $0.47 for the quarterSecond quarter revenue of $1.0 billionQuarterly operating income of $40 million or 4.0% of revenueExecuting on Capital Allocation Plan by returning $48 million to shareholders year-to-date through dividend payments of $15 million and stock repurchases of $33 millionStrong balance sheet with cash and cash equivalents of $220 million and net debt/EBITDA of 0.3x (non-GAAP) as of June 30, 2024Awarded Domestic Partner of the Year by Target® OAK BROOK, Ill., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced second quarter 2024 net income of $29 million and diluted earnings per share of $0.47. Net incom
OAK BROOK, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, August 1, 2024, to discuss second quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group's web site at www.hubgroup.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telephone dial-in instructions below. To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BI21706b
MCLEAN, VA / ACCESSWIRE / June 17, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced that it has executed a 7-year, 2-month lease with Hub Group, Inc. ("Hub Group") at its 966,753 SF industrial building in Taylor, Pennsylvania, commencing July 1, 2024. The property was purchased by Gladstone Commercial in 2014.Hub Group (NASDAQ:HUBG) is a leading third-party logistics provider based in Oak Brook, Illinois. The company provides transportation and logistics services, including intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, dedicated and regional trucking."We are excited to bring Hub Group into our portfolio as the full buildi
OAK BROOK, Ill., May 23, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on June 26, 2024, to stockholders of record as of June 7, 2024. Hub Group's quarterly cash dividend program, initially set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securiti
Highlights: Diluted earnings per share (EPS) of $0.44 for the quarter First quarter revenue of $1.0 billionGAAP Quarterly operating income of $37 million (3.7% of revenue)Executing on Capital Allocation Plan including completing our stock split, purchasing $26 million of shares during the quarter and paying the company's first quarterly cash dividend of $0.125 per common shareEnded the quarter with cash and cash equivalents of $195 millionIntegration of Final Mile acquisition is ahead of our expectations and contributed $64 million to revenue in the first quarter Recognized by The Home Depot® as the 2023 Intermodal Carrier of the Year, Online Big & Bulky Carrier of the Year, and the
OAK BROOK, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, April 25, 2024, to discuss its first quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group's web site at www.hubgroup.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telephone dial-in instructions below. To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BIa9
OAK BROOK, Ill., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on March 27, 2024, to stockholders of record as of March 8, 2024. The initiation of Hub Group's quarterly cash dividend program, initially set at $0.50 per share per year, is part of Hub Group's previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor establish
Throughout the last three months, 8 analysts have evaluated Hub Group (NASDAQ:HUBG), offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 5 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 1 1 2 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $44.88, along with a high estimate of $49.00 and a low estimate of $42.00. This current average represen
TD Cowen analyst Jason Seidl downgrades Hub Group (NASDAQ:HUBG) from Buy to Hold and lowers the price target from $50 to $43.
JP Morgan analyst Brian Ossenbeck maintains Hub Group (NASDAQ:HUBG) with a Neutral and lowers the price target from $44 to $43.
Benchmark analyst Christopher Kuhn reiterates Hub Group (NASDAQ:HUBG) with a Buy and maintains $49 price target.
In the preceding three months, 7 analysts have released ratings for Hub Group (NASDAQ:HUBG), presenting a wide array of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 1 2 0 0 3M Ago 1 0 1 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $45.29, a high estimate of $49.00, and a low estimate of $42.00. Experiencing a 2.96% decline, t
Evercore ISI Group analyst Jonathan Chappell downgrades Hub Group (NASDAQ:HUBG) from Outperform to In-Line and maintains the price target from $44 to $44.
BMO Capital analyst Fadi Chamoun maintains Hub Group (NASDAQ:HUBG) with a Market Perform and lowers the price target from $48 to $45.
Evercore ISI Group analyst Jonathan Chappell maintains Hub Group (NASDAQ:HUBG) with a Outperform and lowers the price target from $46 to $44.
Benchmark analyst Christopher Kuhn reiterates Hub Group (NASDAQ:HUBG) with a Buy and maintains $49 price target.
TD Cowen reiterated coverage of Hub Group with a rating of Hold and set a new price target of $49.00 from $43.00 previously
TD Cowen downgraded Hub Group from Buy to Hold and set a new price target of $43.00 from $50.00 previously
Evercore ISI downgraded Hub Group from Outperform to In-line and set a new price target of $44.00
TD Cowen reiterated coverage of Hub Group with a rating of Outperform and set a new price target of $54.00 from $52.00 previously
Susquehanna downgraded Hub Group from Positive to Neutral and set a new price target of $97.00 from $88.00 previously
TD Cowen reiterated coverage of Hub Group with a rating of Outperform and set a new price target of $104.00 from $101.00 previously
JP Morgan downgraded Hub Group from Overweight to Neutral and set a new price target of $84.00 from $100.00 previously
Wolfe Research upgraded Hub Group from Peer Perform to Outperform and set a new price target of $98.00
UBS downgraded Hub Group from Buy to Neutral
Wolfe Research downgraded Hub Group from Outperform to Peer Perform
Acquisition of Forward Air Final Mile ("FAFM") enhances end-to-end solutions for Hub Group's customers and adds significant scale and service capability in appliance delivery and installation. Transaction Highlights Increases Hub Group's LTM Final Mile revenue from $192m to $481mDrives continued diversification into non-asset based logistics services; pro forma LTM Logistics revenue now represents 44% of total Hub revenueAdds new capabilities in appliance delivery and installation and increases company operated terminal footprintImmediately accretive to Hub Group's 2024 GAAP and cash EPS prior to expected cross-sell and operational synergiesMeaningful cross-sell and operational synergies f
Highlights: David P. Yeager appointed Executive Chairman of Hub Group and will retire as CEOPhillip Yeager appointed as President and Chief Executive Officer of Hub Group, effective January 1, 2023Hub also names Chief Operating Officer, Chief Commercial Officer and Chief Marketing Officer OAK BROOK, Ill., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced that, as part of a planned succession process, its Board of Directors approved several leadership changes that will become effective January 1, 2023. After serving as Chief Executive Officer of Hub Group for twenty-six years, David P. Yeager will retire as CEO while continuing in the role of Executiv
OAK BROOK, Ill., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Hub Group (NASDAQ:HUBG), today announced that it has appointed Thomas P. LaFrance as EVP, General Counsel and Secretary of Hub Group. "We are pleased to welcome Tom to the Hub Group team. His experience across multiple industries, including transportation, coupled with Mergers & Acquisitions, public company, corporate governance and regulatory experience is a great fit," said David Yeager, Hub Group Chairman and Chief Executive Officer. "Tom has the experience to guide Hub Group through this next phase of growth as an industry-leading supply chain solutions provider." LaFrance has held multiple General Counsel positions including with Ge
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