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

Knight-Swift Transportation (NYSE:KNX - Get Free Report) is expected to be releasing its earnings data 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.Persons that wish to listen to the company's earnings conference call can do so using this link.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its earnings results on Wednesday, January 22nd. The transportation company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.03. Knight-Swift Transportation had a net margin of 1.59% and a return on equity of 2.43%. 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 NYSE:KNX traded up $1.21 during trading on Friday, hitting $39.37. The company's stock had a trading volume of 2,587,485 shares, compared to its average volume of 2,267,112. Knight-Swift Transportation has a fifty-two week low of $36.69 and a fifty-two week high of $61.51. The business has a 50 day moving average price of $45.90 and a two-hundred day moving average price of $51.72. 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 company has a market capitalization of $6.38 billion, a PE ratio of 53.93 and a beta of 1.16.

Knight-Swift Transportation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 7th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.83%. This is a boost from Knight-Swift Transportation's previous quarterly dividend of $0.16. The ex-dividend date was Friday, March 7th. Knight-Swift Transportation's payout ratio is presently 98.63%.

Analyst Ratings Changes

Several brokerages have recently issued reports on KNX. Barclays decreased their price objective on Knight-Swift Transportation from $68.00 to $62.00 and set an "overweight" rating for the company in a research note on Wednesday, April 2nd. Stifel Nicolaus dropped their price objective on shares of Knight-Swift Transportation from $57.00 to $49.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. Bank of America cut shares of Knight-Swift Transportation from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $66.00 to $46.00 in a research report on Tuesday, April 1st. Raymond James dropped their target price on Knight-Swift Transportation from $66.00 to $55.00 and set a "strong-buy" rating on the stock in a report on Friday, April 11th. Finally, StockNews.com upgraded Knight-Swift Transportation from a "sell" rating to a "hold" rating in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $55.93.

Insider Activity

In other Knight-Swift Transportation news, Director Douglas L. Col acquired 5,000 shares of the company's stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $45.37 per share, for a total transaction of $226,850.00. Following the completion of the purchase, the director now owns 5,000 shares in the company, valued at $226,850. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.00% of the company's stock.

About Knight-Swift Transportation

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.