NASDAQ:SAIASaia Stock Price, Forecast & News

Saia's stock was trading at $72.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SAIA stock has increased by 59.8% and is now trading at $116.25. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Saia in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Saia.

Saia is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Saia.

Saia Inc (NASDAQ:SAIA) announced its quarterly earnings results on Wednesday, April, 29th. The transportation company reported $1.06 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.25. The transportation company had revenue of $446.40 million for the quarter, compared to analysts' expectations of $436.85 million. Saia had a net margin of 6.56% and a return on equity of 14.68%. The company's quarterly revenue was up 8.7% on a year-over-year basis. During the same period last year, the business posted $0.85 EPS. View Saia's earnings history.

12 brokerages have issued 12-month target prices for Saia's shares. Their forecasts range from $51.00 to $112.00. On average, they anticipate Saia's share price to reach $90.42 in the next twelve months. This suggests that the stock has a possible downside of 22.2%. View analysts' price targets for Saia.

Media stories about SAIA stock have been trending neutral recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Saia earned a media sentiment score of 0.4 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 press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutSaia.

Saia saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,630,000 shares, a drop of 12.4% from the April 15th total of 1,860,000 shares. Based on an average trading volume of 349,400 shares, the days-to-cover ratio is presently 4.7 days. Approximately 6.3% of the company's stock are short sold. 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), Knight-Swift Transportation (KNX), AMERCO (UHAL), Landstar System (LSTR), Werner Enterprises (WERN), Ryder System (R), Avis Budget Group (CAR), Heartland Express (HTLD), Marten Transport (MRTN), FRP (FRPH), Hertz Global (HTZ) and Roadrunner Transportation Systems (RRTS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Saia investors own include NVIDIA (NVDA), Baidu (BIDU), JD.Com (JD), Baozun (BZUN), Square (SQ), Cisco Systems (CSCO), Medpace (MEDP), RingCentral (RNG), Marvell Technology Group (MRVL) and Perficient (PRFT).

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

Saia's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.47%), Janus Henderson Group PLC (5.72%), Victory Capital Management Inc. (3.67%), Victory Capital Management Inc. (3.67%), Wells Fargo & Company MN (3.65%) and Wellington Management Group LLP (3.54%). Company insiders that own Saia stock include 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 Wells Fargo & Company MN, Federated Hermes Inc., Alyeska Investment Group L.P., BlackRock Inc., Janus Henderson Group PLC, JPMorgan Chase & Co., Morgan Stanley, and Morgan Stanley. Company insiders that have sold Saia company stock in the last year include John J Holland, Paul C Peck, and Richard D Odell. View insider buying and selling activity for Saia.

SAIA stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Vaughan Nelson Investment Management L.P., Capital International Investors, Luminus Management LLC, Wellington Management Group LLP, Ziegler Capital Management LLC, Waddell & Reed Financial Inc., and State Street Corp. View insider buying and selling activity 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 $116.25.

Saia has a market capitalization of $3.03 billion and generates $1.79 billion in revenue each year. The transportation company earns $113.72 million in net income (profit) each year or $4.23 on an earnings per share basis. Saia employs 10,400 workers across the globe.

The official website for Saia is 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]