Saia Stock Price, Forecast & Analysis (NASDAQ:SAIA)

Saia trades on the NASDAQ under the ticker symbol "SAIA."

Saia Inc (NASDAQ:SAIA) posted its quarterly earnings results on Wednesday, October, 30th. The transportation company reported $1.25 earnings per share for the quarter, missing analysts' consensus estimates of $1.28 by $0.03. The transportation company earned $468.90 million during the quarter, compared to the consensus estimate of $464.97 million. Saia had a net margin of 6.72% and a return on equity of 15.89%. The firm's revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the company posted $1.07 EPS. View Saia's Earnings History.

Saia is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Saia.

11 brokerages have issued twelve-month price objectives for Saia's shares. Their forecasts range from $70.00 to $111.00. On average, they expect Saia's share price to reach $87.09 in the next year. This suggests that the stock has a possible downside of 9.5%. View Analyst Price Targets for Saia.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Saia in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Saia.

Press coverage about SAIA stock has trended positive on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Saia earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave news articles about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Saia.

Saia saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,860,000 shares, a decrease of 12.3% from the September 30th total of 2,120,000 shares. Based on an average trading volume of 299,900 shares, the days-to-cover ratio is currently 6.2 days. Currently, 7.3% of the shares of the stock are sold short. View Saia's Current Options Chain.

Some companies that are related to Saia include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), Ryder System (R), Werner Enterprises (WERN), Avis Budget Group (CAR), Hertz Global (HTZ), Heartland Express (HTLD), Marten Transport (MRTN), FRP (FRPH), Roadrunner Transportation Systems (RRTS), Con-way (CNW) and Quality Distribution (QLTY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Saia investors own include Input Capital (INP), Circle Oil (COP), Old Dominion Freight Line (ODFL), Falcon Oil & Gas (FO), UnitedHealth Group (UNH), Ivanhoe Mines (IVN), Baidu (BIDU), Verizon Communications (VZ), Costco Wholesale (COST) and T-Mobile Us (TMUS).

Saia's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Chartwell Investment Partners LLC (0.95%), British Airways Pensions Investment Management Ltd (0.39%), Rhumbline Advisers (0.31%), Russell Investments Group Ltd. (0.30%), California Public Employees Retirement System (0.25%) and Eagle Asset Management Inc. (0.20%). Company insiders that own Saia stock include Bjorn E Olsson, Douglas Wayne Rockel, Frederick J Holzgrefe III, Jeffrey C Ward, John J Holland, Paul C Peck, Raymond R Ramu, Richard D Odell and Stephanie Maschmeier. View Institutional Ownership Trends for Saia.

SAIA stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Comerica Bank, Russell Investments Group Ltd., Envestnet Asset Management Inc., Chartwell Investment Partners LLC, Keybank National Association OH, First Trust Advisors LP and Alps Advisors Inc.. Company insiders that have sold Saia company stock in the last year include Frederick J Holzgrefe III, John J Holland, Paul C Peck, Raymond R Ramu, Richard D Odell and Stephanie Maschmeier. View Insider Buying and Selling for Saia.

SAIA stock was purchased by a variety of institutional investors in the last quarter, including British Airways Pensions Investment Management Ltd, California Public Employees Retirement System, Price Capital Management Inc., State of Alaska Department of Revenue, Virginia Retirement Systems ET AL, State of Tennessee Treasury Department, Sciencast Management LP and Yorktown Management & Research Co Inc. View Insider Buying and Selling for Saia.

Shares of SAIA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SAIA stock can currently be purchased for approximately $96.27.

Saia has a market capitalization of $2.50 billion and generates $1.65 billion in revenue each year. The transportation company earns $104.98 million in net income (profit) each year or $3.99 on an earnings per share basis. Saia employs 10,300 workers across the globe.View Additional Information About Saia.

The official website for Saia is http://www.saia.com/.

Saia's mailing address is 11465 JOHNS CREEK PARKWAY SUITE 400, JOHNS CREEK GA, 30097. The transportation company can be reached via phone at 770-232-5067 or via email at [email protected]