Hub Group (NASDAQ:HUBG) Stock, Quote.Headers.trade-ideas

Hub Group

Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Hub's logistics segment includes its asset light truck brokerage operations, along with its outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery offerings. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, last-mile, and dedicated offerings.

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HUBG

Weak freight market conditions continue placing financial strains on transportation providers, said Phil Yeager, president and CEO of Hub Group Inc (NASDAQ: HUBG).

&#34;Market conditions have remained soft … largely due to excess truckload capacity that is yet to exit the industry&#34;

Hub Group Sees Q1 Revenue Fall 13% Year Over Year to $999M

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FWRD

Benchmark analyst Christopher Kuhn reiterated the Buy rating on Hub Group, Inc. (NASDAQ: HUBG), 

Hub Group&#39;s Acquisition Of Forward Air Final Mile Can Be Accretive By 20 Cents In FY24 Earnings: Analyst

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page

Amazon To Rally Around 55%? Here Are 10 Top Analyst Forecasts For Friday

Hub Group Inc

<p>During the last three months, 8 analysts shared their evaluations of Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>), revealing diverse outlooks from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for Hub Group, revealing an average target of $45.62, a high estimate of $51.00, and a low estimate of $43.00. Observing a 0.82% increase, the current average has risen from the previous average price target of $45.25. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722945704_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>A comprehensive examination of how financial experts perceive Hub Group is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>J. Bruce Chan</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$43.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Brian Ossenbeck</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$51.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Thomas Wadewitz</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$48.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Bascome Majors</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Jason Seidl</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$43.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Brian Ossenbeck</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$43.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Christopher Kuhn</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>In-Line</td>
<td>$44.00</td>
<td>$44.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Hub Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Hub Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Hub Group's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Hub Group's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/HUBG/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Hub Group analyst ratings.</strong></a></p>
<h2>About Hub Group</h2>
<p>Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Hub's logistics segment includes its asset light truck brokerage operations, along with its outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery offerings. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, last-mile, and dedicated offerings.</p>
<h3>Breaking Down Hub Group's Financial Performance</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Hub Group's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately <strong>-5.19%</strong>. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Hub Group's net margin is impressive, surpassing industry averages. With a net margin of <strong>2.94%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Hub Group's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>1.78%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Hub Group's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>1.01%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> Hub Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.32</strong>.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Peeling Back The Layers: Exploring Hub Group Through Analyst Insights

<p>Stifel  analyst J. Bruce Chan   maintains Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Buy and lowers the price target from $45 to $43.</p>


Stifel Maintains Buy on Hub Group, Lowers Price Target to $43

<p>JP Morgan  analyst Brian Ossenbeck   maintains Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Neutral and raises the price target from $43 to $51.</p>


JP Morgan Maintains Neutral on Hub Group, Raises Price Target to $51

<p>UBS  analyst Thomas Wadewitz   maintains Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Neutral and raises the price target from $42 to $48.</p>


UBS Maintains Neutral on Hub Group, Raises Price Target to $48

WIIM

Hub Hroup shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY24 revenue guidance below estimates. Also, Susquehanna maintained a Neutral rating on the stock and lowered its price target from $45 to $44.

<p>Susquehanna  analyst Bascome Majors   maintains Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Neutral and lowers the price target from $45 to $44.</p>


Susquehanna Maintains Neutral on Hub Group, Lowers Price Target to $44

Guidance

Hub Group Sees FY24 EPS $1.75-$2.05 Vs $1.99 Est.; Revenue $4.0B-$4.3B Vs $4.37B Est.

<p>Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.48 by 2.08 percent.  The company reported quarterly sales of $986.495 million which missed the analyst consensus estimate of $1.093 billion by 9.74 percent.  This is a 5.14 percent decrease over sales of $1.040 billion the same period last year.</p>


Earnings

Earnings Misses

Hub Group Q2 2024 GAAP EPS $0.47 Misses $0.48 Estimate, Sales $986.495M Miss $1.093B Estimate

<p>Throughout the last three months, 8 analysts have evaluated Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>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.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>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 represents a 4.0% decrease from the previous average price target of $46.75. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721304038_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>A clear picture of Hub Group's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jason Seidl</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$43.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Brian Ossenbeck</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$43.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Christopher Kuhn</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>In-Line</td>
<td>$44.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Christopher Kuhn</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Fadi Chamoun</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$45.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$44.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Justin Long</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$42.00</td>
<td>$44.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Hub Group. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Hub Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Hub Group's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Hub Group's market standing. Stay informed and make data-driven decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/HUBG/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Hub Group analyst ratings.</strong></a></p>
<h2>Get to Know Hub Group Better</h2>
<p>Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Hub's logistics segment includes its asset light truck brokerage operations, along with its outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery offerings. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, last-mile, and dedicated offerings.</p>
<h3>A Deep Dive into Hub Group's Financials</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Hub Group's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately <strong>-13.26%</strong>. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Hub Group's net margin is impressive, surpassing industry averages. With a net margin of <strong>2.71%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Hub Group's ROE excels beyond industry benchmarks, reaching <strong>1.66%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Hub Group's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.93%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Hub Group's debt-to-equity ratio is below the industry average. With a ratio of <b>0.34</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Forecasting The Future: 8 Analyst Projections For Hub Group

<p>TD Cowen  analyst Jason Seidl   downgrades Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) from Buy to Hold and lowers the price target from $50 to $43.</p>


Downgrades

TD Cowen Downgrades Hub Group to Hold, Lowers Price Target to $43

<p>JP Morgan  analyst Brian Ossenbeck   maintains Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Neutral and lowers the price target from $44 to $43.</p>


JP Morgan Maintains Neutral on Hub Group, Lowers Price Target to $43

<p>Benchmark  analyst Christopher Kuhn   reiterates Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Buy and maintains $49 price target.</p>


Benchmark Reiterates Buy on Hub Group, Maintains $49 Price Target

<p>In the preceding three months, 7 analysts have released ratings for Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>), presenting a wide array of perspectives from bullish to bearish.</p>
<p>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.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>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, the current average is now lower than the previous average price target of $46.67. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1719316863_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>A clear picture of Hub Group's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>In-Line</td>
<td>$44.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Christopher Kuhn</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Fadi Chamoun</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$45.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$44.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Justin Long</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$42.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Christopher Kuhn</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>-</td>
</tr>
<tr>
<td>Justin Long</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$44.00</td>
<td>$49.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hub Group. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Hub Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Hub Group's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>To gain a panoramic view of Hub Group's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/HUBG/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Hub Group analyst ratings.</strong></a></p>
<h2>Get to Know Hub Group Better</h2>
<p>Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Hub's logistics segment includes its asset light truck brokerage operations, along with its outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery offerings. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, last-mile, and dedicated offerings.</p>
<h3>Hub Group: Delving into Financials</h3>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
<p><strong>Revenue Growth:</strong> Hub Group's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately <strong>-13.26%</strong>. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Hub Group's net margin excels beyond industry benchmarks, reaching <strong>2.71%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Hub Group's ROE excels beyond industry benchmarks, reaching <strong>1.66%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Hub Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>0.93%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Hub Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.34</strong>.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


7 Analysts Assess Hub Group: What You Need To Know

Hub Group shares are trading lower after Evercore ISI Group downgraded the stock from Outperform to In-Line.

<p>Evercore ISI Group  analyst Jonathan Chappell   downgrades Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) from Outperform to In-Line and maintains the price target from $44 to $44.</p>


Evercore ISI Group Downgrades Hub Group to In-Line, Maintains Price Target to $44

<p>BMO Capital  analyst Fadi Chamoun   maintains Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Market Perform and lowers the price target from $48 to $45.</p>


BMO Capital Maintains Market Perform on Hub Group, Lowers Price Target to $45

<p>Evercore ISI Group  analyst Jonathan Chappell   maintains Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) with a Outperform and lowers the price target from $46 to $44.</p>


Evercore ISI Group Maintains Outperform on Hub Group, Lowers Price Target to $44

<div>Weak freight market conditions continue placing financial strains on transportation providers, said Phil Yeager, president and CEO of <strong>Hub Group Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hubg#NASDAQ">HUBG</a>).</div>

<p>"Market conditions have remained soft … largely due to excess truckload capacity that is yet to exit the industry" Yeager said during an earnings call with analysts after the market closed on Thursday.</p>

<p>Hub Group reported first-quarter revenue of $999.5 million, a 13% year-over-year (y/y) decline.</p>

<p>The company reported net income of $27 million, a 56% decline compared to the same period in 2023. Earnings per share came in at 44 cents for the first-quarter.<br /><script type="text/javascript">
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<p>Hub Group's first-quarter revenue fell short of Wall Street forecasts, which expected revenue of $1.07 billion. The earnings per share results exceeded analysts' expectations, which forecast  40 cents per share.</p>

<p>"This trend is counter to many prior cycles and has led to a prolonged trough in the spot market, which has in turn led to a competitive start to bid season as carriers attempt to deploy latent capacity and spot market pricing is pressuring contract rates" Yeager said. "We're seeing some positive sides of the market, with many customers orienting their purchasing decision to valuable service and costs. However, this capacity attrition is not occurring at a pace that is leading to more stability in the broader truckload environment."</p>

<p>Oak Brook, Illinois-based Hub Group is a provider of intermodal transportation and logistics management solutions.</p>

<p>Hub Group expects full-year earnings to be $1.80 to $2.25 per share, with revenue in the range of $4.3 billion to $4.7 billion.<br /><script type="text/javascript">
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<p>"The macro environment remains challenging, and while Hub performed well in the first-quarter, we anticipate a prolonged competitive pricing environment impacting our intermodal and brokerage line of businesses" CFO Kevin Beth said. "We now believe that the market inflection point has shifted further out from our fourth-quarter assumptions."</p>

<p>First-quarter revenue for the company's intermodal and transportation solutions (ITS) segment was $552 million, compared to $709 million in the same year-ago period. </p>

<p>The ITS segment decline in revenue was driven by softer intermodal volume that declined 10% y/y during the first quarter, COO Brian Alexander said during the call.</p>

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<p>Hub Group's transcontinental intermodal volume was down 6% y/y, local East intermodal volume declined 2% y/y and local West intermodal volume fell 16% y/y.</p>

<p>"While our dedicated trucking team finished 2023 strong, they ended the year with some headwinds related to startup costs" Alexander said. "We have already seen yield improvements in the second quarter that we expect to continue throughout the rest of the year."</p>

<p>The company's logistics segment generated first-quarter revenue of $480 million, a 2.4% y/y increase compared to $469 million in the prior year.</p>

<p>During the quarter, Hub Group completed a 2-for-1 stock split, purchased $26 million of HUBG shares and paid the company's first quarterly cash dividend of $0.125 per common share.<br /><script type="text/javascript">
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<table><tbody><tr><td><strong>Hub Group</strong></td>
			<td><strong>Q1/24</strong></td>
			<td><strong>Q1/23</strong></td>
			<td><strong>Y/Y % Change</strong></td>
		</tr><tr><td><strong>Revenue:</strong></td>
			<td>$999M</td>
			<td>$1.07B</td>
			<td>(13%)</td>
		</tr><tr><td><strong>Intermodal and transportation solutions</strong></td>
			<td>$552M</td>
			<td>$709M</td>
			<td>(22%)</td>
		</tr><tr><td><strong>Logistics</strong></td>
			<td>$480M</td>
			<td>$469M</td>
			<td>2.4%</td>
		</tr><tr><td><strong>Earnings per share</strong></td>
			<td>$0.44</td>
			<td>$0.94</td>
			<td>(53%)</td>
		</tr></tbody></table>

<p>Hub Group Q1 earnings. $ in millions, except EPS.<br />
The post <a href="https://www.freightwaves.com/news/hub-group-sees-q1-revenue-fall-13-year-over-year-to-999m">Hub Group sees Q1 revenue fall 13% year over year to $999M</a> appeared first on <a href="https://www.freightwaves.com">FreightWaves</a>.</p>

<p>Ratings for Hub Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $43.47, a high estimate of $50.00, and a low estimate of $21.25. Observing a downward trend, the current average is 16.9% lower than the prior average price target of $52.31. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714140024_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>The standing of Hub Group among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Justin Long</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$42.00</td>
<td>$44.00</td>
</tr>
<tr>
<td>Christopher Kuhn</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$49.00</td>
<td>-</td>
</tr>
<tr>
<td>Justin Long</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$44.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Bascome Majors</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$46.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Bascome Majors</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$46.00</td>
<td>$49.00</td>
</tr>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$44.00</td>
<td>$43.00</td>
</tr>
<tr>
<td>Allison Poliniak</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Bascome Majors</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$49.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$21.25</td>
<td>$42.50</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Hub Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hub Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Hub Group's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Hub Group's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/HUBG/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Hub Group analyst ratings.</strong></a></p>
<h2>Delving into Hub Group's Background</h2>
<p>Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Hub's logistics segment includes its asset light truck brokerage operations, along with its outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery offerings. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, last-mile, and dedicated offerings.</p>
<h3>Financial Insights: Hub Group</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Decline in Revenue:</strong> Over the 3 months period, Hub Group faced challenges, resulting in a decline of approximately <strong>-23.37%</strong> in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.</p>
<p><strong>Net Margin:</strong> Hub Group's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>2.92%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Hub Group's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>1.76%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Hub Group's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>0.98%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> Hub Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.35</strong>.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Demystifying Hub Group: Insights From 9 Analyst Reviews

In a report released today, Jonathan Chappell from Evercore ISI maintained a Hold rating on Hub Group (HUBG – Research Report), with a price target...

Hub Group (HUBG) Receives a Rating Update from a Top Analyst

Hub Group, Inc. (HUBG) Q2 2024 Earnings Call Transcript

Analysts fell to the sidelines weighing in on Hub Group (HUBG – Research Report), Fluor (FLR – Research Report) and Distribution Solutions Group (D...

Wall Street Analysts Are Neutral on Top Industrial Goods Picks

In a report released today, Brandon Oglenski from Barclays maintained a Hold rating on Hub Group (HUBG – Research Report), with a price target of $...

Barclays Sticks to Their Hold Rating for Hub Group (HUBG)

In a report released today, Ravi Shanker from Morgan Stanley maintained a Hold rating on Hub Group (HUBG – Research Report), with a price target of...

Hub Group: Maintaining Hold Amid Slow Intermodal Recovery and Industry Challenges

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on ESAB Corporation (ESAB – Research Report), Southwest Airlin...

Analysts Offer Insights on Industrial Goods Companies: ESAB Corporation (ESAB), Southwest Airlines (LUV) and Hub Group (HUBG)

<strong><i>Geopolitical instability, including recent tensions in the Middle East, might lead to volatility in the stock market. To mitigate these risks, investing in solid REITs Gladstone Commercial (GOOD), Alpine Income Property (PINE), and American Tower (AMT) could offer stability. Read more to find out…</i></strong><br><br><p>For months, diplomats and analysts have been concerned that prolonged political instability in the United States could prompt aggression. This includes Russia's ongoing war with Ukraine, North Korea's nuclear ambitions, and China's expansionist activities in the South China Sea.</p>
<p>Now, with so few days until the U.S. presidential election, <a href="https://www.thestar.com.my/news/focus/2024/08/04/fears-of-wider-mideast-conflict-deepen-with-us-seen-as-not-in-control#:~:text=The%20targeted%20killings%20of%20Hezbollah%20and%20Hamas%20leaders,have%20little%20capacity%20to%20avert%20or%20even%20contain.">the broader geopolitical crisis</a> has escalated in the Middle East. The targeted killings of Hezbollah and Hamas leaders in Beirut and Tehran have intensified fears of a region-wide conflict, which the United States, preoccupied with its political turmoil, may struggle to prevent or contain.</p>
<p>Such geopolitical instability could lead to market volatility. In these turbulent times, investing in stable Real Estate Investment Trusts (REITs) such as Gladstone Commercial Corporation (<a href="https://stocknews.com/stock/GOOD/">GOOD</a>), Alpine Income Property Trust, Inc. (<a href="https://stocknews.com/stock/PINE/">PINE</a>), and American Tower Corporation (<a href="https://stocknews.com/stock/AMT/">AMT</a>) could be a prudent strategy.</p>
<p>That being said, REITs are known for their historically high and reliable dividend payouts, driven by long-term tenant leases and a requirement to distribute <a href="https://www.reit.com/investing/investment-benefits-reits/reits-and-dividend-income">at least 90% of taxable income</a> to shareholders as dividends.</p>
<p>Moreover, an analysis of <a href="https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/over-60-of-us-reits-top-q1-2024-funds-from-operations-per-share-estimates-81669988">118 US equity REITs</a> revealed that 72 exceeded their consensus earnings estimates for funds from operations (FFO) per share in the first quarter of 2024, while 22 met their estimates.</p>
<p>Continuing the momentum, the United States real estate market is projected to reach <a href="https://www.statista.com/outlook/fmo/real-estate/worldwide">$132.0 trillion in 2024</a>, while the global real estate market is expected to hit $634.90 trillion this year. The sector is anticipated to grow at a CAGR of 2.8%, potentially reaching $727.80 trillion by 2029.</p>
<p>With these factors in mind, let's examine the fundamentals of three key REIT stocks, starting with the #3 on our list.</p>
<p><strong>Stock #3: Gladstone Commercial Corporation </strong>(<a href="https://stocknews.com/stock/GOOD/"><strong>GOOD</strong></a><strong>)</strong></p>
<p>GOOD acquires, owns, and operates net-leased industrial and office properties. It manages 133 properties with 16.84 million square feet of rentable space across 27 states. The properties host tenants from diverse industries, including telecommunications, healthcare, automotive, banking, and diversified manufacturing.</p>
<p>On July 9, GOOD announced cash distributions for July, August, and September 2024. Each month, it would distribute <a href="https://www.gladstonecommercial.com/investors/news-events/press-releases/detail/511/gladstone-commercial-corporation-announces-monthly-cash">$0.10 per common share</a>. The decision underscores the company's commitment to providing regular returns to its shareholders.</p>
<p>GOOD has consistently paid cash distributions for 234 consecutive months. An annual dividend of $1.20 offers an 8.18% yield at the current share price. Moreover, its four-year average dividend yield stands at 8.48%.</p>
<p>On June 17, GOOD announced its execution of <a href="https://www.gladstonecommercial.com/investors/news-events/press-releases/detail/510/gladstone-commercial-corporation-executes-7-year-2-month">a 7-year, 2-month lease</a> with Hub Group, Inc. (<a href="https://stocknews.com/stock/HUBG/">HUBG</a>) at its 966,753 SF industrial building in Taylor, Pennsylvania, commencing July 1, 2024, which was purchased by GOOD in 2014.</p>
<p>HUBG is a premier third-party provider of transportation and logistical support. This move expands GOOD's industrial portfolio and continued tenant demand for such buildings.</p>
<p>Additionally, on May 8, GOOD acquired <a href="https://www.gladstonecommercial.com/investors/news-events/press-releases/detail/509/gladstone-commercial-announces-industrial-acquisition-in">a 142,125-square-foot industrial facility</a> in Warfordsburg, Pennsylvania, which spans nearly 115 acres. The total purchase price was $11.7 million, and the acquisition came at a weighted GAAP capitalization rate of 12.3%.</p>
<p>The investment is expected to strengthen GOOD's portfolio by improving its weighted average lease term and increasing its industrial concentration.</p>
<p>For the fiscal 2024 first quarter that ended on March 31, 2024, GOOD reported total operating revenues of $35.72 million. Its net income available to common stockholders increased 641.5% from the year-ago value to $304 thousand.</p>
<p>In addition, the company's core FFO available to common stockholders and non-controlling OP Unitholders amounted to $13.94 million or $0.34 per share.</p>
<p>For the next fiscal year ending December 2025, analysts expect the company's revenue to increase 2.4% year-over-year to $147.61 million. Likewise, its FFO is estimated to rise 2.3% from the prior year to $1.45. Moreover, the company has surpassed the consensus FFO forecasts in three of four trailing quarters.</p>
<p>Shares of GOOD have gained 15.8% over the past six months and 11.6% over the last year to close the last trading session at $14.01.</p>
<p>GOOD's solid fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated considering 118 different factors, each weighted optimally.</p>
<p>GOOD has a B grade for Growth, Momentum, and Sentiment. It is ranked #7 in the 44-stock <a href="https://stocknews.com/category/reits-diversified/">REITs - Diversified</a> industry.</p>
<p>We rate GOOD on eight different levels. In addition to the POWR Rating grades I've just highlighted, you can see GOOD's ratings for Stability, Quality, and Value <a href="https://stocknews.com/stock/GOOD/">here</a>.</p>
<p><strong>Stock #2: Alpine Income Property Trust, Inc. </strong>(<a href="https://stocknews.com/stock/PINE/"><strong>PINE</strong></a><strong>)</strong></p>
<p>PINE delivers risk-adjusted returns and cash dividends by investing in, owning, and operating a portfolio of single-tenant net leased properties mainly leased to publicly traded and credit-rated tenants. It manages 138 properties with 3.8 million gross rentable square feet with leases with a weighted average lease term of seven years.</p>
<p>On May 28, PINE declared <a href="https://ir.alpinereit.com/news-releases/news-release-details/alpine-income-property-trust-declares-dividend-second-quarter-1">a quarterly cash dividend of $0.275 per share</a> for the second quarter of 2024. Based on May 24's closing price, the dividend yielded an annualized 7.2%. Paid on June 28 to stockholders of record on June 13, this underscores PINE's commitment to shareholder value and financial stability.</p>
<p>PINE has raised its dividends for four consecutive years. It pays an annual dividend of $1.10, which translates to a yield of 6.34% at the current price level. Moreover, the company has raised its dividends at a CAGR of 6.5% over the past three years, while its four-year average dividend yield is 5.79%.</p>
<p>On August 2, PINE reported year-to-date total investment activity amounting to $66.4 million. This figure includes <a href="https://ir.alpinereit.com/news-releases/news-release-details/alpine-income-property-trust-announces-updated-year-date-2024">acquisition and structured investment activities</a>, yielding an impressive weighted average initial investment yield of 9.2%. The robust investment activity demonstrates PINE's aggressive growth and expansion strategy.</p>
<p>PINE's total revenues for the fiscal second quarter that ended June 30, 2024, increased 10.1% year-over-year to $12.49 million. Its net income grew 146.7% from the year-ago value to $222 thousand.</p>
<p>Moreover, the company's <a href="https://www.investopedia.com/terms/a/affo.asp">AFFO</a> and AFFO per share amounted to $6.40 million and $0.43, respectively, increasing 9.6% and 16.2% from the prior year's period.</p>
<p>For the third quarter of fiscal 2024, ending in September 2024, PINE's revenue and FFO are expected to grow 6.1% and 6.3% year-over-year to $12.15 million and $0.39, respectively.</p>
<p>Moreover, the consensus revenue and EPS estimates of $49.17 million and $1.62 for the current fiscal year ending December 2024 reflect a 7.7% and 10.5% year-over-year growth.</p>
<p>The stock has gained 12.7% over the past month to close the last trading session at $16.90.</p>
<p>PINE's favorable fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.</p>
<p>It has an A grade for Sentiment and a B for Momentum, Growth, and Stability. PINE is ranked #6 out of 44 stocks in the REITs - Diversified industry.</p>
<p>Beyond what we stated above, we have also rated PINE for Value and Quality. Get all ratings of PINE <a href="https://stocknews.com/stock/PINE/">here</a>.</p>
<p><strong>Stock #1: American Tower Corporation </strong>(<a href="https://stocknews.com/stock/AMT/"><strong>AMT</strong></a><strong>)</strong></p>
<p>AMT owns, operates, and develops real estate for multitenant communications. It works primarily on leasing space on multitenant communications to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies, municipalities, and tenants in various industries.</p>
<p>On May 23, AMT declared <a href="https://americantower.gcs-web.com/news-releases/news-release-details/american-tower-corporation-declares-quarterly-distribution-44">a quarterly cash distribution of $1.62 per share</a> on its common stock. The distribution was paid on July 12, 2024, to stockholders of record at the close of business on June 14, 2024. This reflects AMT's ongoing commitment to shareholder returns.</p>
<p>AMT has raised its dividends for 11 consecutive years. It pays an annual dividend of $6.48, which translates to a yield of 2.76% at the current share price level. Moreover, the company has raised its dividends at a CAGR of 13.7% over the past five years, and its four-year average dividend yield is 2.51%.</p>
<p>On January 5, AMT and International Business Machines Corporation (<a href="https://stocknews.com/stock/IBM/">IBM</a>) <a href="https://www.americantower.com/media-hub/american-tower-and-ibm-bring-edge-cloud-services-enterprises">announced a collaboration</a> to speed up the deployment of a hybrid, multi-cloud computing platform at the edge. The partnership will enable AMT to integrate IBM Hybrid Cloud capabilities and Red Hat OpenShift into its neutral-host Access Edge Data Center ecosystem, enhancing its offerings.</p>
<p>AMT's total operating revenues for the fiscal second quarter that ended June 30, 2024, increased 4.6% year-over-year to $2.90 billion. The company's operating income grew 47% from the year-ago quarter to $1.28 billion. Furthermore, its adjusted EBITDA rose 8.1% from the prior year's period to $1.89 billion.</p>
<p>In addition, AFFO and AFFO per share attributable to AMT common stockholders came in at $1.31 billion and $2.79, up 13.5% and 13.4% year-over-year, respectively.</p>
<p>For the fiscal year ending in December 2024, analysts expect the company's revenue to grow 1.6% year-over-year to $11.32 billion. Meanwhile, the company's EPS is estimated to rise 8.3% from the previous year to $10.69. Furthermore, AMT topped the consensus revenue estimates in all of the trailing four quarters.</p>
<p>The stock has gained 5% over the past five days and 19.5% over the last month to close the last trading session at $232.63.</p>
<p>AMT's POWR Ratings reflect its robust fundamentals. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.</p>
<p>It has a B grade for Momentum, Growth, and Stability. AMT is ranked #4 out of 44 stocks within the same industry.</p>
<p>Beyond what we stated above, we have also rated AMT for Sentiment, Value, and Quality. Get all ratings of AMT <a href="https://stocknews.com/stock/AMT/">here</a>.</p>
<p><em><strong>What To Do Next?</strong></em></p>
<p>43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.</p>
<p><strong><a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt; </a></strong></p>

<hr />
<p>AMT shares were trading at $232.65 per share on Monday morning, down $1.99 (-0.85%). Year-to-date, AMT has gained 9.64%, versus a 9.46% rise in the benchmark S&amp;P 500 index during the same period.</p>
<hr><div style="clear:both;"></div><br><h2>About the Author: Aanchal Sugandh</h2><br><img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;"><p>Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.</p><p><a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a></p>The post <strong><a href=https://stocknews.com/news/amt-good-pine-ibm-hubg-3-reits-with-strong-growth-potential-to-buy-now/>3 REITs with Strong Growth Potential to Buy Now</a></strong> appeared first on <strong><a href=https://stocknews.com/>StockNews.com</a></strong>

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