IYT - iShares Transportation Average ETF
| Previous Close | 187.17 |
| Open | 188.39 |
| Bid | 0.00 x 900 |
| Ask | 0.00 x 800 |
| Day's Range | 186.80 - 188.69 |
| 52 Week Range | 169.45 - 209.43 |
| Volume | 32,556 |
| Avg. Volume | 212,090 |
| Net Assets | 889.91M |
| NAV | 204.58 |
| PE Ratio (TTM) | N/A |
| Yield | 1.03% |
| YTD Return | 7.69% |
| Beta (3Y Monthly) | 0.90 |
| Expense Ratio (net) | 0.43% |
| Inception Date | 2003-10-06 |
Market Realist•1 hour agoWhat Happened to CSX’s Coal Revenues in the Third Quarter?
In this part, we’ll turn to CSX’s (CSX) revenues by segment, starting with coal. Coal remains an important commodity for the US railroads, accounting for more than a third of their total originated tonnage in 2017. In the third quarter, CSX’s coal revenues jumped 14.0% YoY (year-over-year) to $588.0 million from $514.0 million in the third quarter of 2017.
Market Realist•2 days agoUAL Stock Flies High after the Company Raises Its 2018 Outlook
UAL Stock Flies High after the Company Raises Its 2018 OutlookUnited Airlines’ third-quarter earnings
Market Realist•2 days agoAnalyzing J.B. Hunt’s Dedicated Contract Services Segment
The DCS (Dedicated Contract Services) segment is J.B. Hunt Transport’s (JBHT) second-largest segment in terms of revenues. In the third quarter, the segment’s revenue share was 24.7%—up 0.9% from 23.8% in the third quarter of 2017. The segment’s third-quarter revenues rose 24% YoY to $543.0 million from $438.0 million in the third quarter of 2017.
- Investopedia•2 days ago
3 Charts That Suggest Transportation Stocks Are Heading Lower
One of the main tenets of Dow Theory is that major trends are identified when a major average such as the Dow Jones Transportation Average moves beyond its previous swing high/low and is then confirmed by movements in other indexes. As a result, many active traders tend to keep a close eye on the transportation sector and look to it as a leading indicator that can predict the movements of the broader market. As discussed above, the transportation sector is often looked to as a leading indicator that points to how traders expect the broader market to behave.
- Zacks•3 days ago
ETF Winners Despite Slowing U.S. Inflation in September
Inside industries that have recorded a rise in inflation in September and put these ETFs in focus.
Market Realist•3 days agoIntermodal Volumes Pushed Union Pacific’s Rail Traffic in Week 40
Major Western US railroad company Union Pacific (UNP) recorded a ~1% YoY (year-over-year) fall in Week 40 carload traffic. In the week, the company carried ~95,300 railcars sans intermodal units compared to ~96,300 in the comparable week of 2017.
- Market Realist•8 days ago
Canadian National Railway Posts Lowest Traffic Growth in Week 39
In week 39, Canadian National Railway (CNI) recorded a 1.4% YoY (year-over-year) carload traffic gain. The railroad moved ~67,300 railcars excluding intermodal traffic from ~66,400 units in the comparable period of 2017.
- Investopedia•9 days ago
Top 3 Transportation ETFs for 2018
You can invest in companies that move people and products by buying shares of exchange-traded funds (ETFs) that specialize in the transportation sector. The transportation sector is one of the most broadly diversified with industrial companies representing airlines, railroads, truckers, equipment and leasing stocks, and logistics companies.
Market Realist•10 days agoHow BNSF Railway’s Rail Traffic Trended in Week 39
In week 39, Berkshire-Hathaway-owned BNSF Railway (BRK.B) registered a 3.9% YoY (year-over-year) carload traffic rise. The Western US railroad hauled ~105,000 railcars excluding intermodal traffic in the week compared to ~101,100 units in week 39 last year.
Market Realist•17 days agoAssessing Canadian National Railway’s Week 38 Traffic Trends
In Week 38, Canadian National Railway (CNI) registered a 3.1% YoY (year-over-year) carload traffic gain. In the week, Canada’s largest rail company carried ~65,500 railcars other than intermodal units compared to ~63,500 railcars in Week 38 of 2017.
Market Realist•18 days agoThis Railroad’s Operating Margin Expanded the Most in Q2
In the railroad (IYT) industry, operating ratios are crucial. The wider a company’s operating margin, the higher its operating efficiency, and in turn, its performance. Recently, Union Pacific (UNP) announced that it has kickstarted its new operating strategy, Unified Plan 2020, which is expected to lower UNP’s operating expenses in future quarters. Let’s compare major railroads’ second-quarter operating margins.
Market Realist•18 days agoCarloads Pulled Norfolk Southern’s Volume Growth Down in Week 38
Week 38 was bad for Norfolk Southern’s (NSC) carload traffic. The company reported a 3.4% YoY (year-over-year) fall in carload traffic in the week. Compared to ~71,700 railcars sans intermodal in Week 38 of 2017, NSC hauled 69,300 railcars in Week 38 this year.
Market Realist•21 days agoWeek 38: US Rail Traffic Growth Stood Out in North America
The AAR (Association of American Railroads) published its weekly rail traffic data for 12 key North American railroad companies on September 26. The data were for Week 38, which ended on September 22. AAR’s weekly freight data are classified into carload traffic and intermodal units, which are expressed in containers and truck trailers.
Market Realist•21 days agoWhat Are Analysts Estimating for JetBlue in the Third Quarter?
After slow growth in the first half of 2018, analysts are estimating JetBlue Airways’ (JBLU) revenue to more than double in the second half of 2018. JetBlue recorded revenue growth of 9.4% year-over-year (or YoY) in Q1 2018 and 4.7% YoY in Q2 2018.
- Market Realist•22 days ago
JetBlue Airways Raised Third-Quarter 2018 Guidance
Crude oil prices have been rising throughout 2018 due to supply concerns. The pending Iran sanctions, as threatened by the Trump government, could add to the supply constraints. Despite rising fuel prices, JBLU has raised its third-quarter guidance mainly due to strong demand towards the end of the quarter.
Market Realist•23 days agoYRC Worldwide’s Operating Metric Suggests a Bumpy Road Ahead
YRC Worldwide (YRCW) operates through two segments: YRC Freight and YRC Regional. YRC Freight’s tonnage per day in July fell ~3.8% YoY (year-over-year) compared to the same month last year. Its tonnage per day in August also fell ~3.1% YoY.
Market Realist•23 days agoUpcoming Holiday Triggers Solid Hiring by Road Transporters
In the second week of September, major parcel delivery giant FedEx (FDX) announced that it intends to hire 55,000 additional team members for the 2018 holiday season. FedEx also stated that the majority of its workforce will stay with it after the holiday peak. A few days ago, FedEx announced the expansion of its FedEx Ground operations to six days a week throughout the year from the previous five days.
Market Realist•23 days agoWhat Wall Street Analysts Recommend for Airlines
Though United Continental (UAL) has clearly emerged as the investor favorite for 2018, analysts continue to favor Delta Air Lines (DAL) stock, as was the case in 2017. As of September 21, 94% of the 17 analysts tracking Delta have a “buy” or similar recommendation for the stock. American Airlines (AAL) seems to be the next favorite with 75% of the 16 analysts tracking the stock giving it a “buy” rating. 73% of the 15 analysts tracking Spirit Airlines (SAVE) stock have a “buy” rating on it, while 72% of the 18 analysts tracking Southwest Airlines stock have a “buy” rating on it.
Market Realist•24 days agoAirlines Raise Baggage Fees
American Airlines (AAL) was the last of the three legacy carriers to announce an increase in checked baggage fees. The company’s stock rose on Friday, September 21, after the announcement. This is the first time the company raised baggage fees since 2010. The company said American Airlines “AAdvantage” members, as well as first class, business class, and perineum economy customers would be exempt from these fees.
Market Realist•24 days agoNorfolk Southern: Carloads Fell, Subduing Week 37’s Volume Growth
In Week 37, Norfolk Southern (NSC) reported a 2.7% YoY (year-over-year) decline in carload traffic. The company hauled 68,200 railcars except for intermodal units in the week compared to ~70,100 in the corresponding week of 2017.
Market Realist•24 days agoAnalyzing the Solid Rise in GWR’s Volumes in August
In August, Genesee & Wyoming’s (GWR) Australia region witnessed robust 37.1% YoY (year-over-year) growth in rail traffic. The company hauled ~54,500 railcars in that month—compared to ~39,800 in the corresponding period of 2017.
- Market Realist•25 days ago
Canadian Pacific Railway’s Third-Quarter Dividend
Canadian Pacific Railway (CP), a US Class I railroad (IYT) and Canada’s number two rail freight carrier, declared a quarterly cash dividend of 0.65 Canadian dollars per share on September 17. In the first quarter, Canadian Pacific Railway raised its quarterly dividend per share 15.5% from to the current levels from 0.5625 Canadian dollars. As of September 21, the railroad had 142.6 million outstanding common shares, which translates into a quarterly cash dividend payment of 93.0 million Canadian dollars.
Market Realist•25 days agoDoes Genesee & Wyoming Stock Have a Further Upside in 2018?
US-based Genesee & Wyoming (GWR) is a worldwide player in the railroad industry. With over 100 years of history, the company has a presence around the world, including North America, Latin America, Europe, and Australia.
- Market Realist•25 days ago
A Look at FedEx’s Capital Expenditure in Q1 2019
FedEx (FDX) incurred capital expenditure of $1.17 billion in the first quarter compared to $1.0 billion in the comparable period of fiscal 2018. The increase in capex was due to aircraft purchases, higher IT spending in FedEx Services segment, and increased vehicle purchases in the FedEx Freight and Express segment. For fiscal 2019, FedEx has slightly lowered its 2019 capex forecast to $5.6 billion, or ~8% of its projected revenue.
- CNBC Videos•2 days ago
Transports ETF moving lower
CNBC's Morgan Brennan takes a look at the ETF tracking the transportation sector.
