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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Critical asset just had biggest fall on record (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Porter Stansberry exposes $100 billion hoax (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Porter Stansberry exposes $100 billion hoax (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Critical asset just had biggest fall on record (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Porter Stansberry exposes $100 billion hoax (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Porter Stansberry exposes $100 billion hoax (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
Critical asset just had biggest fall on record (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Porter Stansberry exposes $100 billion hoax (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Porter Stansberry exposes $100 billion hoax (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NYSE:KNX

Knight-Swift Transportation (KNX) Stock Price, News & Analysis

$58.19
+0.23 (+0.40%)
(As of 02/23/2024 ET)
Today's Range
$57.67
$58.48
50-Day Range
$53.58
$60.31
52-Week Range
$45.73
$60.99
Volume
1.60 million shs
Average Volume
1.79 million shs
Market Capitalization
$9.39 billion
P/E Ratio
43.75
Dividend Yield
0.96%
Price Target
$63.00

Knight-Swift Transportation MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.3% Upside
$63.00 Price Target
Short Interest
Healthy
2.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.98mentions of Knight-Swift Transportation in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
68.65%
From $2.52 to $4.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.69 out of 5 stars

Transportation Sector

73rd out of 112 stocks

Trucking, Except Local Industry

11th out of 12 stocks


KNX stock logo

About Knight-Swift Transportation Stock (NYSE:KNX)

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 transportations services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. This segment operated an average of 18,110 tractors, which comprised 16,228 company tractors and 1,882 independent contractor tractors, as well as 74,779 trailers. The LTL segment provides regional transportation services through a network of approximately 110 service centers; and offers national coverage through partner carrier outside the network. This segment operated an average of 3,176 tractors and 8,431 trailers. The Logistic segment offers brokerage and other freight management services through third-party transportation providers and equipment. The Intermodal segment offers transportation services, including freight through third-party intermodal rail services on trailing equipment, such as containers and trailers on flat cars; and drayage services. This segment operated an average of 613 tractors and 11,786 intermodal containers. The company also provides repair and maintenance shop, equipment leasing, warranty, and insurance services; and warehousing and driving academy services, as well as manufactures trailer parts. It serves retail, food and beverage, consumer and paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. The company was incorporated in 1989 and is headquartered in Phoenix, Arizona.

KNX Stock Price History

KNX Stock News Headlines

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KNX Mar 2024 52.500 put
KNX Jan 2025 27.500 call
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge
Marc Lichtenfeld –Author of the best-selling book Get Rich With Dividends – is giving away his Ultimate Dividend Package… Free of charge!
KNX Knight-Swift Transportation Holdings Inc.
Trucking Industry Up 29% Year to Date: More Room to Run?
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Why Knight-Swift Transportation Stock Popped Today
See More Headlines
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Company Calendar

Ex-Dividend for 12/22 Dividend
12/07/2023
Dividend Payable
12/22/2023
Last Earnings
1/24/2024
Today
2/24/2024
Ex-Dividend for 3/25 Dividend
3/07/2024
Dividend Payable
3/25/2024
Next Earnings (Estimated)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
CUSIP
49906410
Employees
28,500
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$63.00
High Stock Price Target
$75.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+8.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Net Income
$217.15 million
Pretax Margin
3.78%

Debt

Sales & Book Value

Annual Sales
$7.14 billion
Cash Flow
$6.34 per share
Book Value
$44.02 per share

Miscellaneous

Free Float
156,367,000
Market Cap
$9.39 billion
Optionable
Optionable
Beta
1.01
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KNX Stock Analysis - Frequently Asked Questions

Should I buy or sell Knight-Swift Transportation stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KNX shares.
View KNX analyst ratings
or view top-rated stocks.

What is Knight-Swift Transportation's stock price target for 2024?

12 analysts have issued 1-year price objectives for Knight-Swift Transportation's stock. Their KNX share price targets range from $52.00 to $75.00. On average, they expect the company's stock price to reach $63.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price.
View analysts price targets for KNX
or view top-rated stocks among Wall Street analysts.

How have KNX shares performed in 2024?

Knight-Swift Transportation's stock was trading at $57.65 at the start of the year. Since then, KNX stock has increased by 0.9% and is now trading at $58.19.
View the best growth stocks for 2024 here
.

When is Knight-Swift Transportation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our KNX earnings forecast
.

How were Knight-Swift Transportation's earnings last quarter?

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) issued its quarterly earnings results on Wednesday, January, 24th. The transportation company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by $0.38. The transportation company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.92 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 3.93% and a net margin of 3.04%.

How often does Knight-Swift Transportation pay dividends? What is the dividend yield for Knight-Swift Transportation?

Knight-Swift Transportation announced a quarterly dividend on Friday, February 2nd. Investors of record on Friday, March 8th will be given a dividend of $0.16 per share on Monday, March 25th. This represents a $0.64 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Thursday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for KNX
.

Is Knight-Swift Transportation a good dividend stock?

Knight-Swift Transportation (NYSE:KNX) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.97%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 13.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KNX.

What guidance has Knight-Swift Transportation issued on next quarter's earnings?

Knight-Swift Transportation updated its first quarter 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share (EPS) guidance of 0.370-0.410 for the period, compared to the consensus estimate of 0.460. The company issued revenue guidance of -.

What is David A. Jackson's approval rating as Knight-Swift Transportation's CEO?

138 employees have rated Knight-Swift Transportation Chief Executive Officer David A. Jackson on Glassdoor.com. David A. Jackson has an approval rating of 71% among the company's employees.

What other stocks do shareholders of Knight-Swift Transportation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Knight-Swift Transportation investors own include NVIDIA (NVDA), CVS Health (CVS), Advanced Micro Devices (AMD), AbbVie (ABBV), Cisco Systems (CSCO), Walt Disney (DIS), AT&T (T), Visa (V), Bank of America (BAC) and Home Depot (HD).

Who are Knight-Swift Transportation's major shareholders?

Knight-Swift Transportation's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.31%), Dimensional Fund Advisors LP (2.66%), Victory Capital Management Inc. (2.59%), Norges Bank (2.16%), Allspring Global Investments Holdings LLC (1.90%) and Massachusetts Financial Services Co. MA (1.79%). Insiders that own company stock include Cary M Flanagan, Dustin Ohlman, Gary J Knight, James E Jr Updike, James L Fitzsimmons, Kevin P Knight, Kevin P Knight, Michael Garnreiter, Michael K Liu, Michael K Liu and Timothy Sean Harrington.
View institutional ownership trends
.

How do I buy shares of Knight-Swift Transportation?

Shares of KNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KNX) was last updated on 2/24/2024 by MarketBeat.com Staff