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DOW   33,507.50
QQQ   358.27
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This Stock Could Go Up 66% or More. (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
This Stock Could Go Up 66% or More. (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This Stock Could Go Up 66% or More. (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This Stock Could Go Up 66% or More. (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
This Stock Could Go Up 66% or More. (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This Stock Could Go Up 66% or More. (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
This Stock Could Go Up 66% or More. (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
This Stock Could Go Up 66% or More. (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This Stock Could Go Up 66% or More. (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
NYSE:KNX

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

$50.15
+0.37 (+0.74%)
(As of 09/29/2023 ET)
Compare
Today's Range
$49.82
$50.41
50-Day Range
$49.79
$60.74
52-Week Range
$45.63
$64.35
Volume
2.30 million shs
Average Volume
1.68 million shs
Market Capitalization
$8.09 billion
P/E Ratio
15.87
Dividend Yield
1.12%
Price Target
$63.24

Knight-Swift Transportation MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
26.1% Upside
$63.24 Price Target
Short Interest
Healthy
2.86% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.86mentions of Knight-Swift Transportation in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$6.14 M Sold Last Quarter
Proj. Earnings Growth
51.61%
From $2.17 to $3.29 Per Share

Overall MarketRank

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

3.20 out of 5 stars

Transportation Sector

7th out of 120 stocks

Trucking, Except Local Industry

1st out of 13 stocks


KNX stock logo

About Knight-Swift Transportation (NYSE:KNX) Stock

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 Price History

KNX Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Knight-Swift: Running On Hopium, Caution Advised
See More Headlines
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KNX Company Calendar

Last Earnings
7/20/2023
Ex-Dividend for 9/25 Dividend
9/07/2023
Dividend Payable
9/25/2023
Today
10/01/2023
Next Earnings (Estimated)
10/18/2023
Fiscal Year End
12/31/2023

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 Forecast
$63.24
High Stock Price Forecast
$72.00
Low Stock Price Forecast
$51.00
Forecasted Upside/Downside
+26.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
17 Analysts

Profitability

Net Income
$771.33 million
Pretax Margin
9.85%

Debt

Sales & Book Value

Annual Sales
$7.43 billion
Cash Flow
$9.29 per share
Book Value
$43.28 per share

Miscellaneous

Free Float
156,294,000
Market Cap
$8.09 billion
Optionable
Optionable
Beta
1.18
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Key Executives

  • Mr. Kevin P. Knight (Age 66)
    Exec. Chairman
    Comp: $3.05M
  • Mr. David A. Jackson (Age 47)
    Pres, CEO & Director
    Comp: $2.78M
  • Mr. Gary J. Knight (Age 71)
    Exec. Vice Chairman
    Comp: $1.14M
  • Mr. Adam W. Miller (Age 42)
    Chief Financial Officer
    Comp: $2.21M
  • Mr. Todd F. Carlson (Age 63)
    Gen. Counsel & Sec.
    Comp: $1.2M
  • Mr. Cary Michael Flanagan (Age 50)
    Sr. VP & Chief Accounting Officer
  • Mr. Brad Stewart (Age 47)
    Treasurer & Sr. VP of Investor Relations
  • Mr. Joseph Sherer (Age 44)
    Sr. VP of Sales & Account Management
  • Mr. Michael K. Liu (Age 50)
    Exec. VP of Operations of Knight
  • Mr. James FitzsimmonsMr. James Fitzsimmons (Age 51)
    Exec. VP of Operations - Swift













KNX Stock - Frequently Asked Questions

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

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last year. There are currently 1 sell rating, 3 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?

17 equities research analysts have issued 1-year price objectives for Knight-Swift Transportation's shares. Their KNX share price forecasts range from $51.00 to $72.00. On average, they predict the company's stock price to reach $63.24 in the next twelve months. This suggests a possible upside of 26.1% 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 2023?

Knight-Swift Transportation's stock was trading at $52.41 at the beginning of the year. Since then, KNX shares have decreased by 4.3% and is now trading at $50.15.
View the best growth stocks for 2023 here
.

Are investors shorting Knight-Swift Transportation?

Knight-Swift Transportation saw a increase in short interest in September. As of September 15th, there was short interest totaling 4,310,000 shares, an increase of 5.9% from the August 31st total of 4,070,000 shares. Based on an average trading volume of 1,790,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.9% of the company's stock are sold short.
View Knight-Swift Transportation's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our KNX earnings forecast
.

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

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) posted its quarterly earnings data on Thursday, July, 20th. The transportation company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.06. The transportation company earned $1.55 billion during the quarter, compared to the consensus estimate of $1.59 billion. Knight-Swift Transportation had a net margin of 7.48% and a trailing twelve-month return on equity of 8.08%.

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

Knight-Swift Transportation declared a quarterly dividend on Thursday, July 27th. Shareholders of record on Friday, September 8th will be given a dividend of $0.14 per share on Monday, September 25th. This represents a $0.56 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Thursday, September 7th.
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 1.12%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 16.97% 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 issued an update on its FY 2023 earnings guidance on Thursday, July, 20th. The company provided earnings per share (EPS) guidance of $2.10-$2.30 for the period, compared to the consensus EPS estimate of $2.76. 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).

What is Knight-Swift Transportation's stock symbol?

Knight-Swift Transportation trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNX."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Knight-Swift Transportation's stock price today?

One share of KNX stock can currently be purchased for approximately $50.15.

How much money does Knight-Swift Transportation make?

Knight-Swift Transportation (NYSE:KNX) has a market capitalization of $8.09 billion and generates $7.43 billion in revenue each year. The transportation company earns $771.33 million in net income (profit) each year or $3.16 on an earnings per share basis.

How many employees does Knight-Swift Transportation have?

The company employs 28,500 workers across the globe.

How can I contact Knight-Swift Transportation?

Knight-Swift Transportation's mailing address is 20002 NORTH 19TH AVENUE, PHOENIX AZ, 85027. The official website for the company is www.knighttrans.com. The transportation company can be reached via phone at (602) 269-2000, via email at investor_relations@swifttrans.com, or via fax at 602-269-8542.

This page (NYSE:KNX) was last updated on 10/1/2023 by MarketBeat.com Staff

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