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Four of 11 Arkansas-based publicly-held companies post share gains through June – Talk Business & Politics

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Four of 11 Arkansas-based publicly-held companies post share gains through June – Talk Business & Politics


Among the 11 largest Arkansas-based publicly traded companies, only four reported gains in their stock prices over the first two quarters ending June 28. Most of the decliners were among banks and shipping companies based in the state.

The largest Arkansas stock by market cap is Bentonville-based Walmart which closed out the first half of 2024 with stock gains of 28.92%, the highest growth among its Arkansas cohorts. Walmart shares (NYSE: WMT) closed on June 28 at $67.71 compared to $52.52 where the stock opened trading on Jan. 2. Walmart also grew its market capitalization by $122.7 billion since Jan. 2, the first trading day of the year. The market capitalization of Walmart shares closed out the first half of 2024 at $544.63 billion.

Close behind Walmart is El Dorado-based Murphy USA. The gasoline and convenience retailer operates more than 1,700 U.S. stores. Shares of Murphy USA (NYSE: MUSA) increased in value by 28.48% in the first six months of 2024. The stock opened the year at $365.39 and closed at $469.46 on June 28. The share price has retreated from weaker-than-expected earnings reported in May. However, the company has grown its market capitalization to $9.6 billion, up from $7.58 billion at the start of 2024.

Little Rock-based Dillard’s is also among the small group of winners through the first half of the year. Shares of Dillard’s (NYSE: DDS) opened the year at $401.02 and closed June 28 at $440.39, up 9.71% for the period. The market capitalization of Dillard’s stock totals $6.94 billion, up from $6.54 billion at the start of the year.

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Springdale-based Tyson Foods is the other gainer in terms of stock price. Shares of Tyson Foods (NYSE: TSN) opened the year at $52.61 and closed June 28 at $57.14, up 8.61% for the period. The company’s market capitalization totals about $20.42 billion, up 6.5% during the period.

BANK LOSSES 
The seven remaining companies have seen their stock prices stall or decline this year amid ongoing pressures in their sectors. The banking sector continues to see caution among investors primarily because of exposure to commercial real estate.

Home BancShares (NYSE: HOMB) opened the year at $25.07 per share and closed at $23.86 on June 28, down 5%. Market capitalization totals $4.75 billion, down from $5.11 billion at the start of the year.

Pine Bluff-based Simmons First National Bank stock (NASDAQ: SNFC) closed at $17.58 on June 28, down 10.8% from the $19.71 opening price to start the year. Most of the loss came after the bank missed earnings expectations for its first quarter. Revenue dropped 7.3% and net income fell 15% from the year-ago period. The market capitalization for the bank totals $2.92 billion, down 15.% from $2.48 billion to start the year.

Little Rock-based Bank OZK has seen its share price drop 16.88% in the past six months. Bank OZK shares (NASDAQ: OZK) opened the year at $48.33 and closed June 28 at $41. Most of that loss came in late May when Citigroup downgraded the stock from a buy to a sell because of the bank’s exposure to commercial real estate and fewer rate cuts expected this year. The bank’s market capitalization is $4.62 billion, down from $5.63 billion for a loss of 17.9% over the six months.

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Bentonville-based America’s Car-Mart operates like a bank since it finances the vehicles it sells. The buy-here pay-here dealer generates the bulk of its revenue from the loans it carries on its books. Car-Mart shares (NASDAQ: CRMT) opened the year at $70.90 and closed on June 28 at $60.21, down 14.07% over the six months. The company’s market capitalization totals $380.29 billion, down 20% from $480 billion where it started the year.

TRUCKING RECESSION
Fort Smith-based ArcBest and most of its freight competitors remain in a recession with excess capacity keeping shipping rates low. Shares of ArcBest (NASDAQ: ARCB) closed out the second quarter at $107.08, falling 10.73% from the start of the year. About half of the loss came after the company missed its first-quarter earnings expectations reporting revenue down 6.3% and a $2.92 million net loss.

Tontitown-based P.A.M. Transportation Services is a thinly traded, small-cap freight company. Shares of P.A.M. Transport (NASDAQ: PTSI) opened the year at $20.47, but ended the mid-year mark at $17.37, down 15.14%. The company missed its first quarter earnings with an operating loss of $677,000 on the heels of a $811,000 loss in the prior quarter because of low shipping rates from excess capacity relative to demand.

Lowell-based J.B. Hunt Transport Services is also struggling this year amid the ongoing freight recession. Company shares (NASDAQ: JBHT) opened the year at $199.82 and closed at $160 on June 28, down 19.9%.

SHARE PERFORMANCE – January-June 2024
Walmart (NYSE: WMT)
Jan. 2:  $52.52
June 28: $67.71
up 28.92%

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Murphy USA  (NYSE: MUSA)
Jan. 2:  $365.39
June 28: $469.46
up 28.48%

Dillard’s  (NYSE: DDS)
Jan. 2: $401.02
June 28: $440.39
up 9.71%

Tyson Food  (NYSE: TSN)
Jan. 2: $52.61
June 28: $57.14
up 8.61%

Home Bank (NYSE: HOMB)
Jan. 2 $25.07
June 28:  $23.86
down 4.94%

ArcBest  (NASDAQ: ARCB)
Jan. 2: $119.62
June 28: $107.08
down 10.73%

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Simmons Bank (NASDAQ: SFNC)
Jan. 2: $19.71
June 28: $17.58
down 10.8%

America’s Car-Mart (NASDAQ: CRMT)
Jan. 2: $70.90
June 28: $60.21
down 14.07%

P.A.M. Transportation Services (NASDAQ: PTSI)
Jan. 2: $20.47
June 28: $17.37
down 15.14%

Bank of OZK (NASDAQ: OZK)
Jan. 2: $49.33
June 28: $41
down 16.88%

J.B. Hunt Transport  (NASDAQ: JBHT)
Jan. 2: $199.82
June 28: $160
down 19.92%

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Arkansas

'You got to get the ball up': What Josh Heupel said about Tennessee's final play in loss at Arkansas

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'You got to get the ball up': What Josh Heupel said about Tennessee's final play in loss at Arkansas


FAYETTEVILLE, Ark. — Josh Heupel said Tennessee’s defense let Arkansas score the go-ahead touchdown with one minute, 17 seconds left in the fourth quarter Saturday night to give the Vols a chance to win the game on the following possession.

Arkansas backup quarterback Malachi Singleton ran for an 11-yard touchdown on the first play after a timeout to put the Razorbacks up for good in the 19-14 stunner against the fourth-ranked Vols.

“Yeah, at the very end of it, just with the clock timeout situations that we had,” Heupel said during his postgame press conference, “trying to give ourselves a chance to go answer.”

Tennessee (4-1, 1-1 SEC) had two timeouts left when Singleton scored. The Vols used their first timeout on the opening possession of the second half. 

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The Arkansas game-winning drive went 59 yards in just four plays, with Singleton throwing for 13 yards on first down and Braylen Russell running for 24 yards on second down. Russell rush for 11 yards on the next snap, getting the Hogs down to the 11 before they took a timeout. 

Singleton scored on the following play. 

‘That situation, you can’t keep the ball in your hands’

Tennessee got the ball at the 25 after the ensuing kickoff. Nico Iamaleava threw incomplete on first down, ran for eight yards on third down and threw a 42-yard pass to Dont’e Thornton on third-and-2.

Dylan Sampson ran for five yards after he caught a bobbled snap on second down, after an Iamaleava incompletion on first-and-10 at the Arkansas 25. He threw incomplete to Chas Nimrod on third-and-five.

On fourth-and-five with six seconds left, Iamaleava was flushed left out of the pocket and was ran out of bounds at the 16-yard line as time expired. 

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Heupel said the final play was “a full concept read” for Iamaleava. 

“He ended up scrambling off of it,” Heupel said. “End of the day, in that scenario, you got to get the ball up and give one of your guys an opportunity to go make a play. Nico, just like me, and just like our football team, wishes that we had played better. 

“That situation, you can’t keep the ball in your hands. You want to give somebody an opportunity to go make a play.” 

Up Next: Tennessee vs. Florida, Saturday, 7 p.m. ET, ESPN

Iamaleava completed 16 of 28 passes for 156 yards. The Vols rushed 36 times for 176 yards, with Sampson going for 140 yards and two touchdowns on 22 carries.

Tennessee trailed 3-0 at halftime after gaining just 76 total yards in the first half. The Vols went on a 75-yard scoring drive to start the second half, sparked by a 53-yard Sampson run. They went 60 yards on six plays for another Sampson touchdown after forcing an Arkansas three-and-out. 

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From there, the Vols ended the game with four straight punts and turnover on downs when time expired. 

“(Iamaleava is) disappointed with it,” Heupel said, “but he’s got to come back and bounce back from it. He’s played way too good not to respond the right way. And I know he will.”



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Tennessee vs Arkansas score today: Live updates, highlights from Week 6 game

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Tennessee vs Arkansas score today: Live updates, highlights from Week 6 game


FAYETTEVILLE, Ark. – No. 4 Tennessee football hits the SEC road again as it tries to stay undefeated against Arkansas.

The Vols (4-0, 1-0 SEC) should be confident and well rested after an open week. They are ranked No. 1 in scoring offense (54 ppg) and No. 2 in scoring defense (7 ppg) in the nation.

Tennessee beat Oklahoma on the road. If the Vols can beat Arkansas (3-2, 1-1) in a second straight road game, they would return to Knoxville unbeaten for a four-game home stand.

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Here are the updates and highlights from Tennessee’s game against Arkansas.

REQUIRED READING Why Tennessee cornerback Jermod McCoy could be SEC’s best portal prize

Tennessee vs Arkansas score

Teams 1Q 2Q 3Q 4Q F
Tennessee x x x x x
Arkansas x x x x x

Tennessee vs Arkansas updates

This section will be updated after the game begins.

What channel is Tennessee vs Arkansas today?

Watch select Tennessee games live with Fubo (free trial)

Tennessee vs Arkansas start time

  • Date: Saturday, Oct. 5
  • Time: 7:30 p.m. ET
  • Location: Donald W. Reynolds Razorback Stadium (76,000) in Fayetteville

Tennessee’s game against Arkansas is set to kick off at 7:30 p.m. ET on Saturday, Oct. 5, at Donald W. Reynolds Razorback Stadium in Fayetteville.

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The game will air live on ABC, with streaming options available on the ESPN app or Fubo, which offers a free trial to potential subscribers. Chris Fowler will handle play-by-play duties with Kirk Herbstreit as the color analyst for the broadcast. Holly Rowe will serve as the sideline reporter.

Tennessee vs Arkansas history

  • Series record: Tennessee leads 13-6
  • Tennessee last win: 34-13 (2007)
  • Arkansas last win: 24-13 (2020)

Tennessee vs Arkansas prediction

Tennessee 34, Arkansas 17: This feels like a game where Tennessee stretches its offense a little more. A few big pass plays. Dylan Sampson runs for 100+ yards. And the Vols defense forces Arkansas QB Taylen Green into a couple of poor decisions. Check out more predictions from our Knox News staff.

Tennessee vs Arkansas betting odds

Game lines and odds from BetMGM as of Saturday:

  • Spread: Tennessee -13.5
  • Over/under: 59.5 points
  • Moneyline: Tennessee -550

Tennessee vs Arkansas injury updates

Injury list will be updated when SEC’s availability report is released 90 minutes prior to kickoff.

  • Tennessee: DB Jourdan Thomas (out), DB John Slaughter (out), DB Montrell Bandy (out), LB Edwin Spillman (out).
  • Arkansas: DB Jaylon Braxton (out), DB Miguel Mitchell (out), RB Rodney Hill (out), OL Patrick Kutas (out), WR Khafre Brown (out), TE Andreas Paaske (out), TE Ty Washington (questionable), TE Luke Hasz (questionable).

Tennessee vs Arkansas weather update

The forecast calls for 80 degrees and clear skies at kickoff.

Tennessee football schedule 2024

All times Eastern

  • Aug. 31: Tennessee 69, Chattanooga 3
  • Sept. 7: Tennessee 51, NC State 10
  • Sept. 14: Tennessee 71, Kent State 0
  • Sept. 21: Tennessee 25, No. 17 Oklahoma 15
  • Oct. 5: Tennessee at Arkansas* | 7:30 p.m. | ABC
  • Oct. 12: Tennessee vs. Florida* | 7 p.m. | ESPN
  • Oct. 19: Tennessee vs. No. 2 Alabama*
  • Nov. 2: Tennessee vs. Kentucky*
  • Nov. 9: Tennessee vs. Mississippi State*
  • Nov. 16: Tennessee at No. 1 Georgia*
  • Nov. 23: Tennessee vs. UTEP | 1 p.m. | ESPN+/SEC Network+
  • Nov. 30: Tennessee at Vanderbilt*

Denotes conference game*

Arkansas football schedule 2024

All times Eastern

  • Aug. 29: Arkansas 70, Arkansas-Pine Bluff 0
  • Sept. 7: Oklahoma State 39, Arkansas 31 (2OT)
  • Sept. 14: Arkansas 37, UAB 27
  • Sept. 21: Arkansas 24, Auburn 14
  • Sept. 28: No. 21 Texas A&M 21, Arkansas 17
  • Oct. 5: No. 4 Tennessee at Arkansas* | 7:30 p.m. | ABC
  • Oct. 19: No. 12 LSU at Arkansas*
  • Oct. 26: Arkansas at Mississippi State*
  • Nov. 2: No. 11 Ole Miss at Arkansas*
  • Nov. 16: No. 1 Texas at Arkansas* | noon | ABC/ESPN
  • Nov. 23: Louisiana Tech at Arkansas
  • Nov. 30: Arkansas at No. 9 Missouri*

Denotes conference game*

Adam Sparks is the Tennessee football beat reporter. Email adam.sparks@knoxnews.com. X, formerly known as Twitter@AdamSparks. Support strong local journalism by subscribing at knoxnews.com/subscribe.

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How to watch Tennessee vs. Arkansas – NCAA Football: Week 6 | Channel, stream, preview, prediction

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How to watch Tennessee vs. Arkansas – NCAA Football: Week 6 | Channel, stream, preview, prediction


FAYETTEVILLE, AR — One of the biggest SEC games of Week 6 of the college football season sees the Tennessee Volunteers head down to Fayetteville for a tough road matchup with the Arkansas Razorbacks on Saturday night.

  • Watch NCAA Football on FuboTV (7-Day Free Trial)

#4 Tennessee Volunteers (4-0, 1-0 SEC) vs. Arkansas Razorbacks (3-2, 1-1 SEC)

  • When: Saturday, October 5
  • Time: 7:30 p.m. ET
  • Where: Razorback Stadium (Fayetteville, Ark.)
  • Channel: ABC
  • Stream: FuboTV (Free Trial), Sling, DirecTV Stream, ESPN+

The Volunteers are off to a hot start just like they were in 2022, and they are looking like a threat in the SEC once again. The team started off the 2024 campaign by running through some cupcake matchups, which included a primetime matchup with North Carolina State in Week 2. They proved they could win on the road as well, as they handed Oklahoma a 25-15 loss in the Sooners’ first game in the SEC. The Vols have been fortunate enough to have a bye week since that win and are looking for another key road victory on Saturday night.

Not if the Razorbacks have anything to say about it. Pig Sooie is still hot after losing a hard-fought battle with Texas A&M last Saturday, marking their second loss against a Power 4 school this season. While Arkansas has shown some spark this year, including a win on the road against Auburn two weeks ago, they have been playing in some tight games, as just one of their first five games has been determined by more than 10 points.

Tennessee is 13-6 against Arkansas, though the Razorbacks have won the last three meetings, including that last matchup against the Vols in 2020.

MY PICK: Arkansas wins, 24-20

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Check out the NCAA Football rankings



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