Equities Analysts Offer Predictions for KNX Q3 Earnings

Key Points

• Zacks Research cut Knight-Swift Transportation’s Q3 2027 EPS forecast to $0.77 from $1.00 and maintained a “Hold” rating. Its current full-year earnings consensus remains $2.42 per share.
• Despite the forecast reduction, several analysts raised their price targets or upgraded the stock, resulting in a “Moderate Buy” consensus rating and an average target of $84.44.
• KNX shares opened at $69.26, down 2.2%, while the company’s latest quarter beat expectations with $0.63 EPS and $2.10 billion in revenue. Knight-Swift also declared a $0.20 quarterly dividend, implying a 1.2% yield.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) - Equities research analysts at Zacks Research cut their Q3 2027 earnings estimates for Knight-Swift Transportation in a note issued to investors on Wednesday, August 5th. Zacks Research analyst Team now anticipates that the transportation company will post earnings per share of $0.77 for the quarter, down from their previous forecast of $1.00. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Knight-Swift Transportation's current full-year earnings is $2.42 per share. Zacks Research also issued estimates for Knight-Swift Transportation's FY2027 earnings at $2.65 EPS and Q1 2028 earnings at $0.34 EPS.

Several other research analysts have also recently issued reports on KNX. TD Cowen increased their price objective on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Citizens Jmp assumed coverage on Knight-Swift Transportation in a research report on Wednesday, July 15th. They set a "market outperform" rating and a $90.00 target price for the company. Wells Fargo & Company upped their target price on Knight-Swift Transportation from $65.00 to $86.00 and gave the stock an "overweight" rating in a report on Friday, June 5th. Benchmark increased their price target on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a "buy" rating in a research report on Thursday, July 9th. Finally, Citigroup upgraded Knight-Swift Transportation from a "neutral" rating to a "buy" rating and set a $90.00 price target on the stock in a research note on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $84.44.

Knight-Swift Transportation Stock Down 2.2%

Shares of KNX opened at $69.26 on Friday. The firm has a fifty day moving average price of $75.39 and a 200-day moving average price of $65.91. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $11.25 billion, a P/E ratio of 266.40, a P/E/G ratio of 0.60 and a beta of 1.18. Knight-Swift Transportation has a 12-month low of $38.63 and a 12-month high of $82.86.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period in the previous year, the firm earned $0.21 earnings per share. Knight-Swift Transportation's quarterly revenue was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS.

Hedge Funds Weigh In On Knight-Swift Transportation

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. lifted its position in shares of Knight-Swift Transportation by 123.9% during the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company's stock valued at $31,000 after buying an additional 301 shares during the last quarter. Clearstead Advisors LLC grew its position in shares of Knight-Swift Transportation by 134.6% in the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company's stock worth $35,000 after buying an additional 385 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Knight-Swift Transportation during the 4th quarter worth approximately $39,000. Fifth Third Bancorp raised its stake in shares of Knight-Swift Transportation by 44.4% during the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company's stock worth $45,000 after acquiring an additional 267 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company's stock valued at $35,000 after acquiring an additional 828 shares during the last quarter. Hedge funds and other institutional investors own 88.77% of the company's stock.

Insiders Place Their Bets

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 3,600 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $70.82, for a total transaction of $254,952.00. Following the sale, the chief accounting officer owned 5,405 shares of the company's stock, valued at approximately $382,782.10. This trade represents a 39.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Reid Dove sold 50,000 shares of Knight-Swift Transportation stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.25, for a total value of $3,512,500.00. Following the completion of the transaction, the director owned 169,154 shares in the company, valued at $11,883,068.50. This represents a 22.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.90% of the stock is owned by corporate insiders.

Knight-Swift Transportation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. Knight-Swift Transportation's dividend payout ratio is currently 307.69%.

More Knight-Swift Transportation News

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: The board declared a quarterly cash dividend of $0.20 per share, payable September 21 to shareholders of record on September 4. The dividend implies approximately $0.80 in annual payments and a yield of about 1.2%, providing ongoing income support for investors. Knight Transportation Declares Quarterly Cash Dividend for Shareholders
• Neutral Sentiment: Zacks Research maintained a Hold rating on KNX. Its full-year current earnings consensus remains $2.42 per share, suggesting analysts are not broadly changing their rating despite weaker forecasts for several future periods. Knight-Swift Transportation stock information
• Negative Sentiment: Zacks Research reduced its EPS estimates across multiple periods: Q3 2026 to $0.53 from $0.57, Q4 2026 to $0.56 from $0.71, Q2 2027 to $0.60 from $0.73, Q4 2027 to $0.79 from $0.98, Q2 2028 to $0.83 from $0.89, and fiscal 2028 to $3.99 from $4.27. The repeated downward revisions point to more cautious expectations for Knight-Swift’s profitability and are likely the primary source of downward pressure on the shares.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc NYSE: KNX is one of North America's largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company's core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.

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