IYT - iShares Transportation Average ETF
| Previous Close | 201.52 |
| Open | 201.38 |
| Bid | 0.00 x 1100 |
| Ask | 0.00 x 1100 |
| Day's Range | 201.01 - 202.73 |
| 52 Week Range | 162.38 - 206.73 |
| Volume | 68,587 |
| Avg. Volume | 207,477 |
| Net Assets | 807.29M |
| NAV | 199.33 |
| PE Ratio (TTM) | N/A |
| Yield | 1.01% |
| YTD Return | 4.67% |
| Beta (3y) | 0.88 |
| Expense Ratio (net) | 0.43% |
| Inception Date | 2003-10-06 |
- CNBC Videos•last month
Airline Q2 earnings growth slows
CNBC's Phil LeBeau takes a look at the airline sector after United Continental's quarterly earnings.
InvestorPlace•2 days agoUnion Pacific is Fueled Up and Ready to Choo-Choo Higher
Wednesday’s temper tantrum, instigated by emerging markets but quickly joined by U.S. equities, failed to derail the transportation sector. Its muscle flexing has relative strength seekers flocking to its many constituents.
Market Realist•5 days agoAnalyzing BNSF’s Second-Quarter Revenue Trend
Berkshire Hathaway’s (BRK.B) BNSF (Burlington Northern Santa Fe) railroad operations are reported in four segments—Industrial Products, Consumer Products, Agricultural Products, and Coal. In the second quarter, BNSF’s total revenues were $5.8 billion—up 12% YoY (year-over-year) from $5.2 billion in the second quarter of 2017. Excluding non-rail logistics and accessorial revenues of $324.0 million, BNSF’s total freight revenues were $5.5 billion—up 11.1% YoY from $5.0 billion in the second quarter of 2017.
Market Realist•6 days agoWhy EXPD’s Operating Margin Contracted in the Second Quarter
In this part of the series, we’ll analyze Expeditors International of Washington’s (EXPD) operating margins. In the second quarter, it reported operating income of $183.5 million on gross revenues of ~$1.95 billion. In Q2 2017, it earned operating income of $168.2 million on gross revenue of $1.67 billion.
Market Realist•9 days agoEXPD’s Airfreight Segment: Why Revenue Grew in Second Quarter
Let’s look now at Expeditor International of Washington’s (EXPD) Airfreight segment, its largest revenue contributor. The segment’s contribution to the company’s net revenue rose 1.8% to 32.4% in the second quarter, from 30.6% in Q2 2017.
Market Realist•9 days agoWhat Analysts Recommend for US Railroads after Their Q2 Results
Of the 28 analysts covering Union Pacific (UNP) stock, 15 have recommended “buys,” 12 have recommended “holds,” and one has recommended a “sell.” Analysts’ target price of $155.84 is ~4% higher than UNP’s August 7 closing price of $149.88. Its business reorganization could increase its operating costs in the short term, but analysts expect it to expand its operating margin in the long term.
Market Realist•10 days agoCP Expects a Strong Second Half on Tentative Long-Term Labor Deal
Canadian Pacific Railway (CP) and Canadian National Railway (CNI) stocks have been hit in 2018 due to NAFTA renegotiations. This has been reflected in their year-to-date returns as of August 6, which are lower than the returns of US-originated railroad companies (IYT) such as Union Pacific (UNP) and CSX Corporation (CSX). Canadian Pacific Railway’s Precision Scheduled Railroading model has benefited it in recent years, as has been evidenced by its higher operating margin compared to those of its Class I railroad peers.
Market Realist•11 days agoBNSF Railway: Intermodal Growth Lagged Carload Gains in Week 30
BNSF Railway (BRK.B) reported a 4.5% YoY (year-over-year) increase in carload traffic in Week 30. During the week, the Western US major railroad company hauled ~103,300 railcars excluding intermodal compared to ~98,800 units in the corresponding period of 2017.
Market Realist•11 days agoUnion Pacific Stock Rides High on Strong Q2 Earnings, Dividend
On July 31, Western US rail giant Union Pacific (UNP) saw its stock set a new all-time high of $151.50. In the last week of July, the company announced a 10% dividend rise, taking its dividend per share to $0.80 from $0.73.
- MarketWatch•12 days ago
Charting a bullish technical tilt: S&P 500, Nasdaq rise within view of record territory
Technically speaking, the S&P 500 and Nasdaq Composite have rallied from major support to start August, rising within view of record territory, writes Michael Ashbaugh.
Market Realist•18 days agoUPS: What Drove Its Supply Chain Growth in Q2 2018?
Earlier in this series, we reviewed United Parcel Service’s (UPS) International Package segment. In this section, we’ll take a close look at its Supply Chain and Freight segment’s performance in the second quarter.
Market Realist•19 days agoInside UPS’s Second-Quarter Growth in Its US Domestic Segment
Previously, we looked at a snapshot of United Parcel Service’s (UPS) total second-quarter revenues. In this part, we’ll examine the company’s US Domestic Package segment. This segment is the largest contributor to UPS’s business, accounting for ~60.0% of its revenues.
Market Realist•19 days agoWhy BNSF’s Rail Traffic Growth Lagged the Industry in Week 29
In Week 29, BNSF Railway (BRK.B) witnessed a carload traffic rise of 3.2% YoY (year-over-year). In the week, the Berkshire Hathaway–owned company moved ~99,600 railcars sans intermodal compared to ~96,500 units in the corresponding period of 2017.
- Market Realist•24 days ago
Old Dominion Freight Line Beats Q2 2018 Estimates, Stock Plunges
Old Dominion Freight Line (ODFL) announced its second-quarter earnings today before the market opened. The trucking company beat Thomson Reuters’s adjusted EPS estimate of $1.83 by 8.9%. ODFL’s adjusted EPS came in at $1.99 in the quarter, up 67.2% year-over-year from $1.19 in Q2 2017.
Market Realist•26 days agoCanadian National Railway and Canadian Pacific in Week 28
Canadian National Railway (CNI) is the largest rail freight carrier in Canada. In Week 28, it registered a 3.8% YoY (year-over-year) growth in carload traffic. It moved ~62,300 railcars excluding intermodal units compared with ~60,000 units.
Market Realist•26 days agoCould Boeing Beat Analysts’ Q2 Revenue Estimates?
During the quarter, they expect its revenue to grow by 4.7% YoY (year-over-year) to $23.8 billion from $22.7 billion. Although Boeing has revised its operating cash flow and earnings outlook for this year, it has maintained its revenue guidance of $96.0 billion–$98.0 billion, accounting for its increased production of 737 aircraft and growth in the Defense, Space & Security and Global Services segments.
Market Realist•26 days agoJ. B. Hunt Transport’s Q3 Dividend and Past Growth Trends
On July 19, J. B. Hunt Transport Services (JBHT) announced a regular quarterly dividend of $0.24 per share on its outstanding common stock. The cash dividend is payable to shareholders of record on August 3. It will be paid on August 17. The $0.24 per share dividend will result in a quarterly payment of $26.3 million.
Market Realist•26 days agoWerner Enterprises Beat Q2 2018 Estimates, Stock Rose 2%
Ranked among the five largest truckload (IYT) companies in the United States, Werner Enterprises (WERN) reported its second-quarter results on July 23 after the market closed. The company exceeded analysts’ second-quarter adjusted EPS estimate by a wide margin.
Market Realist•27 days agoWeek 28: US Rail Freight Traffic Stayed on Upward Path
The AAR (Association of American Railroads) publishes weekly traffic data every Wednesday. Twelve major North American railroads submit their weekly freight volume statistics to the AAR. The data are divided into carload traffic and intermodal volumes expressed in containers and truck trailers.
Market Realist•27 days agoBehind CSX’s Intermodal Revenue Growth in Q2 2018
In this part, we’ll examine its intermodal freight revenues. CSX’s intermodal volumes rose 2.0% YoY in the second quarter to 735,000 containers and trailers from 718,000 units in the same period last year. The company’s intermodal revenue per unit was $667.00 in the second quarter compared to $624.00 in the second quarter of 2017.
Market Realist•27 days agoJ.B. Hunt: Analysts Have a Divided View
J.B. Hunt Transport Services (JBHT) has a consensus rating of 2.25, which indicates a “buy.” Among the 24 analysts polled by Thomson Reuters, there weren’t any changes in analysts’ opinion towards J.B. Hunt after its second-quarter results. Seven (29.2%) of the analysts recommend a “strong buy,” five (20.8%) recommend a “buy,” 11 (45.8%) recommend a “hold,” and one (4.2%) recommends a “sell.”
- Investopedia•last month
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•last monthCSX’s Freight Volume Growth Compared to the Industry in Week 27
Eastern US major rail carrier CSX (CSX) posted a 1.3% YoY (year-over-year) carload volume growth in Week 27. It moved ~60,200 railcars, up from ~59,400. Its railcar traffic is slowly getting back on track this year after a dull 2017. However, its carload traffic loss in percentage terms hasn’t fully recovered. Compared with US railroads’ 5.4% YoY growth, CSX’s gains appear to be very small. Even its rival Norfolk Southern (NSC) managed to post a 9.2% YoY growth in Week 27, which was far more than CSX.
- Investopedia•last month
Active Traders Fuel Transportation Stocks Higher
Transportation companies have been among the strongest performing assets in the public markets over the past few years. Extremely strong trendlines dominate the charts, which is one of the primary reasons that the sector has been a favorite of active traders. Traders who are interested in gaining exposure to niche sectors such as transportation tend to flock to exchange-traded products such as the iShares Transportation Average ETF.
- Zacks•2 months ago
5 ETFs to Make the Most of July Fourth Celebrations
Investors seeking to tap the fanfare of July Fourth spending could ride on these industries through the following ETFs.
