NASDAQ:SAIA

Saia (SAIA) Stock Forecast, Price & News

$391.64

+4.88 (+1.26%)

(As of 09/27/2023 ET)

Compare

Today's Range: $385.77
▼
$395.72
50-Day Range: $386.61
▼
$438.58
52-Week Range: $180.17
▼
$443.85

Volume: 190,758 shs
Average Volume: 289,068 shs
Market Capitalization: $10.39 billion

P/E Ratio: 31.11
Dividend Yield: N/A
Price Target: $387.69

Saia MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 1.0% Downside
$387.69 Price Target
Short Interest: Healthy
5.73% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.37
Based on 10 Articles This Week
Insider Trading: Selling Shares
$5.49 M Sold Last Quarter
Proj. Earnings Growth: 19.44%
From $12.76 to $15.24 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Transportation Sector

63rd out of 111 stocks

Trucking, Except Local Industry

12th out of 12 stocks

2.3

Analyst's Opinion

Consensus Rating
Saia has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $387.69, Saia has a forecasted downside of 1.0% from its current price of $391.64.
Amount of Analyst Coverage
Saia has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
5.73% of the outstanding shares of Saia have been sold short.
Short Interest Ratio / Days to Cover
Saia has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Saia has recently decreased by 33.04%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Saia does not currently pay a dividend.
Dividend Growth
Saia does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SAIA.

3.5

News and Social Media Coverage

News Sentiment
Saia has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Saia this week, compared to 5 articles on an average week.
MarketBeat Follows
6 people have added Saia to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Saia insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,488,713.00 in company stock.
Percentage Held by Insiders
Only 0.50% of the stock of Saia is held by insiders.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Saia are expected to grow by 19.44% in the coming year, from $12.76 to $15.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Saia is 31.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Saia is 31.11, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.22.
Price to Earnings Growth Ratio
Saia has a PEG Ratio of 3.00. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Saia has a P/B Ratio of 6.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Saia (NASDAQ:SAIA) Stock

Saia, Inc., together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2022, it operated 191 owned and leased facilities; and owned approximately 6,200 tractors and 20,800 trailers. The company was formerly known as SCS Transportation, Inc. and changed its name to Saia, Inc. in July 2006. Saia, Inc. was founded in 1924 and is headquartered in Johns Creek, Georgia.

SAIA Price History

30 days | 90 days | 365 days | Advanced Chart

SAIA Stock News Headlines

September 28, 2023 | americanbankingnews.com

Benchmark Boosts Saia (NASDAQ:SAIA) Price Target to $475.00

September 28, 2023 | americanbankingnews.com

Saia, Inc. (NASDAQ:SAIA) Short Interest Update

September 28, 2023 | Chaikin Analytics (Ad)

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September 25, 2023 | finance.yahoo.com

Saia (SAIA) Reported Higher Than Expected Results

September 14, 2023 | bizjournals.com

Downtown San Francisco sees surge in tenant showings, signaling 'green shoots' are emerging

September 14, 2023 | benzinga.com

This Is What Whales Are Betting On Saia

September 6, 2023 | finance.yahoo.com

Saia Provides July and August LTL Operating Data

September 1, 2023 | msn.com

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September 28, 2023 | Altimetry (Ad)

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August 31, 2023 | finance.yahoo.com

Is Saia (SAIA) a Worthy Investment?

August 28, 2023 | finance.yahoo.com

Bloomin’ Brands Announces Board Changes

August 22, 2023 | finance.yahoo.com

Returns On Capital Are A Standout For Saia (NASDAQ:SAIA)

August 18, 2023 | finance.yahoo.com

Saia, Inc.: LTL Demand Challenged, but Saia and Peers Grabbing Share From Yellow

August 18, 2023 | msn.com

Now you can CHECK if you’re buying a crash-damaged used car

August 16, 2023 | msn.com

B of A Securities Maintains Saia (SAIA) Buy Recommendation

August 16, 2023 | msn.com

Stephens & Co. Reiterates Saia (SAIA) Overweight Recommendation

August 16, 2023 | markets.businessinsider.com

Bank of America Securities Remains a Buy on Saia (SAIA)

August 16, 2023 | msn.com

Saia reports surge in LTL shipments and tonnage per workday after dismal Q2 data

August 16, 2023 | finanznachrichten.de

Saia, Inc.: Saia Provides Interim Third Quarter LTL Operating Data

August 15, 2023 | finance.yahoo.com

Yellow fallout apparent in Saia’s August numbers

August 15, 2023 | finance.yahoo.com

Saia Provides Interim Third Quarter LTL Operating Data

August 15, 2023 | finance.yahoo.com

10 Best Industrial ETFs

August 3, 2023 | msn.com

Saia: Moving To The Sidelines After Recent Run-Up (Rating Downgrade)

August 2, 2023 | msn.com

Saia (SAIA) Price Target Increased by 36.60% to 453.96

August 1, 2023 | msn.com

Benchmark Maintains Saia (SAIA) Buy Recommendation

August 1, 2023 | msn.com

Barclays Maintains Saia (SAIA) Overweight Recommendation

July 31, 2023 | markets.businessinsider.com

Saia To Gain From Issues At Yellow Corp Amid Solid Profitable Mix, New Terminals: Analyst

See More Headlines

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SAIA Company Calendar

Last Earnings: 7/28/2023
Today: 9/28/2023
Next Earnings (Estimated): 10/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Trucking, except local
Sub-Industry: Trucking
Sector: Transportation
Current Symbol: NASDAQ:SAIA
CUSIP: 78709Y10
CIK: 1177702
Web: www.saia.com
Phone: (770) 232-5067
Fax: 770-232-4066
Employees: 12,300
Year Founded: 1924

Price Target and Rating

Average Stock Price Forecast: $387.69
High Stock Price Forecast: $530.00
Low Stock Price Forecast: $250.00
Forecasted Upside/Downside: -1.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): $12.59
Trailing P/E Ratio: 31.11
Forward P/E Ratio: 30.69
P/E Growth: 3
Net Income: $357.42 million
Net Margins: 12.27%
Pretax Margin: 16.10%
Return on Equity: 20.74%
Return on Assets: 15.12%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 2.17
Quick Ratio: 2.17

Sales & Book Value

Annual Sales: $2.74 billion
Price / Sales: 3.79
Cash Flow: $19.22 per share
Price / Cash Flow: 20.38
Book Value: $59.68 per share
Price / Book: 6.56

Miscellaneous

Outstanding Shares: 26,535,000
Free Float: 26,402,000
Market Cap: $10.39 billion
Optionable: Optionable
Beta: 1.57

Social Links

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Key Executives

Mr. Frederick J. Holzgrefe III (Age 55)
Pres, CEO & Director
Comp: $2.13M

Mr. Douglas L. Col (Age 58)
Exec. VP, CFO & Sec.
Comp: $987.73k

Mr. Patrick D. Sugar (Age 35)
Exec. VP of Operations
Comp: $870.45k

Mr. Anthony R. Norwood (Age 56)
Exec. VP & Chief HR Officer
Comp: $728.18k

Mr. Raymond R. Ramu (Age 54)
Exec. VP & Chief Customer Officer
Comp: $1.08M

Mr. Rohit Lal (Age 62)
Exec. VP & Chief Information Officer

Ms. Kelly W. Benton (Age 47)
VP & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SAIA Stock - Frequently Asked Questions

Should I buy or sell Saia stock right now?: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Saia in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SAIA shares.
View SAIA analyst ratings or view top-rated stocks.
What is Saia's stock price forecast for 2023?: 16 Wall Street analysts have issued 12-month target prices for Saia's shares. Their SAIA share price forecasts range from $250.00 to $530.00. On average, they predict the company's share price to reach $387.69 in the next year. This suggests that the stock has a possible downside of 1.0%.
View analysts price targets for SAIA or view top-rated stocks among Wall Street analysts.
How have SAIA shares performed in 2023?: Saia's stock was trading at $209.68 at the start of the year. Since then, SAIA stock has increased by 86.8% and is now trading at $391.64.
View the best growth stocks for 2023 here.
Are investors shorting Saia?: Saia saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,520,000 shares, a drop of 33.0% from the August 31st total of 2,270,000 shares. Based on an average trading volume of 405,900 shares, the short-interest ratio is presently 3.7 days.
View Saia's Short Interest.
When is Saia's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our SAIA earnings forecast.
How were Saia's earnings last quarter?: Saia, Inc. (NASDAQ:SAIA) released its quarterly earnings data on Friday, July, 28th. The transportation company reported $3.42 earnings per share for the quarter, beating analysts' consensus estimates of $3.25 by $0.17. The transportation company had revenue of $694.62 million for the quarter, compared to analysts' expectations of $700.31 million. Saia had a trailing twelve-month return on equity of 20.74% and a net margin of 12.27%.
What ETFs hold Saia's stock?: ETFs with the largest weight of Saia (NASDAQ:SAIA) stock in their portfolio include Engine No. 1 Transform Supply Chain ETF (SUPP), Invesco Dorsey Wright Industrials Momentum ETF (PRN), BlackRock Future Innovators ETF (BFTR), ProShares Supply Chain Logistics ETF (SUPL), Pinnacle Focused Opportunities ETF (FCUS), SPDR S&P Transportation ETF (XTN), Thrivent Small-Mid Cap ESG ETF (TSME) and iShares U.S. Transportation ETF (IYT).
What is Rick ODell's approval rating as Saia's CEO?: 212 employees have rated Saia Chief Executive Officer Rick ODell on Glassdoor.com. Rick ODell has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Saia own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Saia investors own include NVIDIA (NVDA), JD.com (JD), Baidu (BIDU), Cisco Systems (CSCO), Block (SQ), Ambarella (AMBA), Intuitive Surgical (ISRG), RingCentral (RNG), Marvell Technology (MRVL) and Baozun (BZUN).
What is Saia's stock symbol?: Saia trades on the NASDAQ under the ticker symbol "SAIA."
Who are Saia's major shareholders?: Saia's stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital International Investors (10.79%), BlackRock Inc. (9.37%), Capital World Investors (4.17%), Wasatch Advisors LP (2.93%), Kayne Anderson Rudnick Investment Management LLC (2.87%) and State Street Corp (2.80%). Insiders that own company stock include Di-Ann Eisnor, Donna E Epps, Douglas L Col, Frederick J Holzgrefe III, Jeffrey C Ward, Karla J Staver, Patrick D Sugar, Raymond R Ramu and Richard D Odell.
View institutional ownership trends.
How do I buy shares of Saia?: Shares of SAIA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Saia's stock price today?: One share of SAIA stock can currently be purchased for approximately $391.64.
How much money does Saia make?: Saia (NASDAQ:SAIA) has a market capitalization of $10.39 billion and generates $2.74 billion in revenue each year. The transportation company earns $357.42 million in net income (profit) each year or $12.59 on an earnings per share basis.
How many employees does Saia have?: The company employs 12,300 workers across the globe.
Does Saia have any subsidiaries?: The following companies are subsidiares of Saia: LinkEx Inc., Saia Logistics Services LLC, Saia Motor Freight Line LLC, Saia Motor Freight Mexico S. DE R.L. DE C.V., Saia Sales LLC, and Saia TL Plus LLC.
Read More
How can I contact Saia?: Saia's mailing address is 11465 JOHNS CREEK PARKWAY SUITE 400, JOHNS CREEK GA, 30097. The official website for the company is www.saia.com. The transportation company can be reached via phone at (770) 232-5067, via email at investors@saia.com, or via fax at 770-232-4066.

This page (NASDAQ:SAIA) was last updated on 9/28/2023 by MarketBeat.com Staff

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Saia (SAIA) Stock Forecast, Price & News

Saia MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Saia (NASDAQ:SAIA) Stock

SAIA Price History

SAIA Stock News Headlines

SAIA Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SAIA Stock - Frequently Asked Questions

Overall MarketRank^™