Knight-Swift Transportation (KNX) to Release Earnings on Wednesday

Knight-Swift Transportation (NYSE:KNX - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Knight-Swift Transportation to post earnings of $0.31 per share and revenue of $1.83 billion for the quarter. Knight-Swift Transportation has set its Q2 2025 guidance at 0.460-0.500 EPS and its Q1 2025 guidance at 0.290-0.330 EPS.Investors interested in registering for the company's conference call can do so using this link.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The transportation company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.03. Knight-Swift Transportation had a return on equity of 2.43% and a net margin of 1.59%. On average, analysts expect Knight-Swift Transportation to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Knight-Swift Transportation Stock Up 3.2 %

Shares of KNX stock traded up $1.21 during trading on Friday, hitting $39.37. 2,587,485 shares of the company were exchanged, compared to its average volume of 2,278,004. The firm has a market capitalization of $6.38 billion, a price-to-earnings ratio of 53.93 and a beta of 1.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.01 and a current ratio of 0.85. The business's 50-day simple moving average is $46.20 and its 200 day simple moving average is $51.81. Knight-Swift Transportation has a twelve month low of $36.69 and a twelve month high of $61.51.

Knight-Swift Transportation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 7th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.83%. This is a positive change from Knight-Swift Transportation's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, March 7th. Knight-Swift Transportation's dividend payout ratio (DPR) is currently 98.63%.

Insider Activity at Knight-Swift Transportation

In other news, Director Douglas L. Col acquired 5,000 shares of the firm's stock in a transaction dated Thursday, March 13th. The shares were bought at an average price of $45.37 per share, with a total value of $226,850.00. Following the acquisition, the director now owns 5,000 shares of the company's stock, valued at $226,850. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.00% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on KNX shares. Wells Fargo & Company lowered their price target on Knight-Swift Transportation from $65.00 to $55.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Stifel Nicolaus dropped their price target on shares of Knight-Swift Transportation from $57.00 to $49.00 and set a "hold" rating on the stock in a research note on Monday. Susquehanna reduced their price objective on shares of Knight-Swift Transportation from $67.00 to $54.00 and set a "positive" rating for the company in a research note on Wednesday, March 26th. TD Cowen increased their target price on shares of Knight-Swift Transportation from $62.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Finally, The Goldman Sachs Group cut their target price on Knight-Swift Transportation from $55.00 to $45.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $56.00.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.