Zacks Research Analysts Decrease Earnings Estimates for Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) - Zacks Research dropped their FY2026 earnings per share estimates for shares of Knight-Swift Transportation in a research report issued to clients and investors on Tuesday, April 23rd. Zacks Research analyst S. Goswami now forecasts that the transportation company will post earnings of $5.44 per share for the year, down from their prior estimate of $5.86. The consensus estimate for Knight-Swift Transportation's current full-year earnings is $1.31 per share.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its quarterly earnings data on Wednesday, January 24th. The transportation company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.47 by ($0.38). Knight-Swift Transportation had a return on equity of 3.93% and a net margin of 3.04%. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.92 billion.

A number of other analysts also recently commented on the company. Stephens dropped their price objective on Knight-Swift Transportation from $65.00 to $60.00 and set an "overweight" rating on the stock in a research note on Thursday, April 18th. Susquehanna dropped their price objective on Knight-Swift Transportation from $59.00 to $50.00 and set a "neutral" rating on the stock in a research note on Thursday, April 18th. TD Cowen dropped their price objective on Knight-Swift Transportation from $58.00 to $52.00 and set a "buy" rating on the stock in a research note on Thursday, April 18th. Loop Capital lowered Knight-Swift Transportation from a "buy" rating to a "hold" rating and cut their target price for the stock from $63.00 to $53.00 in a research report on Thursday, April 18th. Finally, JPMorgan Chase & Co. cut their target price on Knight-Swift Transportation from $62.00 to $60.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $57.77.

Knight-Swift Transportation Price Performance

Shares of KNX traded down $0.73 during midday trading on Wednesday, reaching $48.50. The stock had a trading volume of 3,298,149 shares, compared to its average volume of 2,139,522. Knight-Swift Transportation has a 52 week low of $45.73 and a 52 week high of $60.99. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.94 and a quick ratio of 0.94. The firm's 50 day moving average price is $53.94 and its 200-day moving average price is $54.22. The company has a market capitalization of $7.83 billion, a P/E ratio of 36.47, a P/E/G ratio of 2.46 and a beta of 0.99.

Knight-Swift Transportation Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.32%. This is a positive change from Knight-Swift Transportation's previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, March 7th. Knight-Swift Transportation's payout ratio is presently 48.12%.

Insider Activity at Knight-Swift Transportation

In related news, CAO Cary M. Flanagan sold 2,000 shares of the company's stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $56.24, for a total transaction of $112,480.00. Following the transaction, the chief accounting officer now directly owns 5,118 shares of the company's stock, valued at $287,836.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KNX. Rise Advisors LLC purchased a new position in Knight-Swift Transportation in the first quarter valued at about $25,000. GAMMA Investing LLC grew its stake in Knight-Swift Transportation by 67.5% in the first quarter. GAMMA Investing LLC now owns 628 shares of the transportation company's stock valued at $35,000 after purchasing an additional 253 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its stake in Knight-Swift Transportation by 136.5% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 667 shares of the transportation company's stock valued at $38,000 after purchasing an additional 385 shares in the last quarter. FinTrust Capital Advisors LLC purchased a new position in Knight-Swift Transportation in the third quarter valued at about $42,000. Finally, Blue Trust Inc. grew its stake in Knight-Swift Transportation by 80.3% in the fourth quarter. Blue Trust Inc. now owns 732 shares of the transportation company's stock valued at $42,000 after purchasing an additional 326 shares in the last quarter. Hedge funds and other 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.