How To Earn $500 A Month From J.B. Hunt Transport Stock Ahead Of Q3 Earnings

Core Insights - J.B. Hunt Transport Services, Inc. is set to release its third-quarter earnings results, with analysts expecting earnings of $1.46 per share, a decrease from $1.49 per share in the same period last year [1] - The projected quarterly revenue for J.B. Hunt is $3.02 billion, down from $3.07 billion a year earlier [1] Analyst Ratings and Price Target - Raymond James analyst Patrick Tyler Brown has maintained an "Outperform" rating for J.B. Hunt Transport and raised the price target from $165 to $175 [2] - The company currently offers an annual dividend yield of 1.26%, translating to a quarterly dividend of 44 cents per share, or $1.76 annually [2] Dividend Income Calculations - To achieve a monthly income of $500 from dividends, an investor would need to own approximately 3,409 shares of J.B. Hunt, equating to a total investment of about $475,112 [3] - For a more conservative monthly income goal of $100, an investor would need 682 shares, requiring an investment of around $95,050 [4] Dividend Yield Dynamics - The dividend yield can fluctuate based on changes in the stock price and dividend payments, impacting the overall return for investors [4][5][6] - For instance, if a stock's price increases, the dividend yield decreases, and vice versa [5] Recent Stock Performance - J.B. Hunt Transport shares increased by 0.9%, closing at $139.37 on Tuesday [6]