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 Video: What is a Stock Split?
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| J.B. Hunt Transport Services is a holding company. Through its subsidiaries, Co. is a surface transportation, delivery, and logistics company. Co.'s service offerings include transportation of full-truckload containerized freight, which it directly transports utilizing its Co.-controlled revenue equipment and company drivers or independent contractors. Co. has arrangements with the North American rail carriers to transport freight in containers or trailers, while it performs the majority of the pickup and delivery services. Co. also provides customized freight movement, revenue equipment, labor, systems, and delivery services that are tailored to meet individual customers' requirements. According to our J.B. Hunt Transport Services stock split history records, J.B. Hunt Transport Services has had 3 splits. | |
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J.B. Hunt Transport Services (JBHT) has 3 splits in our J.B. Hunt Transport Services stock split history database. The first split for JBHT took place on March 16, 1992. This was a 3 for 2
split, meaning for each 2
shares of JBHT owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. JBHT's second split took place on September 02, 2003. This was a 2 for 1 split, meaning for each share of JBHT owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. JBHT's third split took place on May 24, 2005. This was a 2 for 1 split, meaning for each share of JBHT owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as J.B. Hunt Transport Services splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the J.B. Hunt Transport Services stock split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into J.B. Hunt Transport Services shares, starting with a $10,000 purchase of JBHT, presented on a split-history-adjusted basis factoring in the complete J.B. Hunt Transport Services stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
06/09/2023 |
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| Start price/share: |
$72.25 |
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| End price/share: |
$170.04 |
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| Starting shares: |
138.41 |
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| Ending shares: |
151.94 |
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| Dividends reinvested/share: |
$10.44 |
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| Total return: |
158.36% |
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| Average Annual Total Return: |
9.96% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$25,843.26 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
06/09/2023 |
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| Start price/share: |
$72.25 |
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| End price/share: |
$170.04 |
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| Dividends collected/share: |
$10.44 |
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| Total return: |
149.80% |
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| Average Annual Total Return: |
9.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$24,986.72 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 03/16/1992 | 3 for 2
| | 09/02/2003 | 2 for 1 | | 05/24/2005 | 2 for 1 |
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