Knight-Swift Transportation (NYSE:KNX) Issues Quarterly Earnings Results

Key Points

• Knight-Swift Transportation reported $0.32 earnings per share for the quarter, which was $0.08 below analysts' expectations of $0.40.
• The company declared a quarterly dividend of $0.18 per share, with a dividend yield of 1.5% and a payout ratio of 70.59%.
• Institutional investors hold a significant majority of Knight-Swift's stock, totaling 88.77% ownership, with notable increases in holdings by several firms during the second quarter.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) issued its earnings results on Wednesday. The transportation company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.06), Zacks reports. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.The company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the business earned $0.34 earnings per share. Knight-Swift Transportation's quarterly revenue was up 2.7% on a year-over-year basis. Knight-Swift Transportation updated its Q4 2025 guidance to 0.340-0.400 EPS.

Knight-Swift Transportation Price Performance

Shares of KNX opened at $47.46 on Thursday. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of 46.53, a price-to-earnings-growth ratio of 0.82 and a beta of 1.14. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.89 and a current ratio of 0.89. Knight-Swift Transportation has a one year low of $36.69 and a one year high of $61.51. The stock's fifty day moving average is $42.83 and its 200-day moving average is $43.08.

Knight-Swift Transportation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Stockholders of record on Friday, September 5th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, September 5th. Knight-Swift Transportation's dividend payout ratio (DPR) is 70.59%.

Analyst Upgrades and Downgrades

KNX has been the topic of several analyst reports. Morgan Stanley dropped their target price on Knight-Swift Transportation from $68.00 to $67.00 and set an "overweight" rating on the stock in a research report on Monday, October 6th. Evercore ISI dropped their target price on Knight-Swift Transportation from $47.00 to $42.00 and set an "in-line" rating on the stock in a research report on Tuesday, September 30th. Stifel Nicolaus raised Knight-Swift Transportation from a "hold" rating to a "buy" rating and dropped their target price for the stock from $47.00 to $45.00 in a research report on Friday, October 3rd. Bank of America raised Knight-Swift Transportation from a "neutral" rating to a "buy" rating and increased their target price for the stock from $41.00 to $50.00 in a research report on Thursday, October 16th. Finally, Wells Fargo & Company dropped their target price on Knight-Swift Transportation from $50.00 to $48.00 and set an "overweight" rating on the stock in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Knight-Swift Transportation presently has an average rating of "Moderate Buy" and an average target price of $52.65.

Insider Activity at Knight-Swift Transportation

In other news, EVP Michael K. Liu sold 3,420 shares of the firm's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 3.00% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Daiwa Securities Group Inc. bought a new position in Knight-Swift Transportation during the second quarter valued at about $3,240,000. Cerity Partners LLC boosted its stake in Knight-Swift Transportation by 94.1% during the second quarter. Cerity Partners LLC now owns 66,132 shares of the transportation company's stock valued at $2,925,000 after buying an additional 32,058 shares in the last quarter. Cetera Investment Advisers boosted its stake in Knight-Swift Transportation by 6.9% during the second quarter. Cetera Investment Advisers now owns 13,724 shares of the transportation company's stock valued at $607,000 after buying an additional 882 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in Knight-Swift Transportation by 37.6% during the second quarter. Orion Porfolio Solutions LLC now owns 12,902 shares of the transportation company's stock valued at $571,000 after buying an additional 3,525 shares in the last quarter. Finally, Nomura Holdings Inc. bought a new position in Knight-Swift Transportation during the second quarter valued at about $507,000. Institutional investors own 88.77% 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.