NYSE:KNX Knight-Swift Transportation (KNX) Stock Forecast, Price & News $55.34 -1.35 (-2.38%) (As of 02:51 PM ET) Add Compare Share Share Today's Range$54.53▼$56.4850-Day Range$53.33▼$58.0852-Week Range$43.53▼$64.35Volume1.00 million shsAverage Volume1.92 million shsMarket Capitalization$8.91 billionP/E Ratio13.43Dividend Yield1.01%Price Target$65.35 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Knight-Swift Transportation MarketRank™ ForecastAnalyst RatingModerate Buy2.76 Rating ScoreUpside/Downside18.1% Upside$65.35 Price TargetShort InterestHealthy4.87% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.21Based on 10 Articles This WeekInsider TradingSelling Shares$3.97 M Sold Last QuarterProj. Earnings Growth31.33%From $3.32 to $4.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.10 out of 5 starsTransportation Sector7th out of 123 stocksTrucking, Except Local Industry1st out of 15 stocks 3.4 Analyst's Opinion Consensus RatingKnight-Swift Transportation has received a consensus rating of Buy. The company's average rating score is 2.76, and is based on 14 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.35, Knight-Swift Transportation has a forecasted upside of 18.1% from its current price of $55.34.Amount of Analyst CoverageKnight-Swift Transportation has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.87% of the float of Knight-Swift Transportation has been sold short.Short Interest Ratio / Days to CoverKnight-Swift Transportation 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 monthShort interest in Knight-Swift Transportation has recently decreased by 11.93%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldKnight-Swift Transportation has a dividend yield of 1.00%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthKnight-Swift Transportation has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Knight-Swift Transportation is 13.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Knight-Swift Transportation will have a dividend payout ratio of 12.84% next year. This indicates that Knight-Swift Transportation will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KNX. Previous Next 2.3 News and Social Media Coverage News SentimentKnight-Swift Transportation has a news sentiment score of 0.21. 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 lower news sentiment than the 0.52 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Knight-Swift Transportation this week, compared to 4 articles on an average week.Search InterestOnly 6 people have searched for KNX on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat Follows3 people have added Knight-Swift Transportation to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Knight-Swift Transportation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,974,053.00 in company stock.Percentage Held by InsidersOnly 3.20% of the stock of Knight-Swift Transportation is held by insiders.Percentage Held by Institutions89.95% of the stock of Knight-Swift Transportation is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Knight-Swift Transportation are expected to grow by 31.33% in the coming year, from $3.32 to $4.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Knight-Swift Transportation is 13.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Knight-Swift Transportation is 13.43, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.98.Price to Earnings Growth RatioKnight-Swift Transportation has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKnight-Swift Transportation has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Knight-Swift Transportation (NYSE:KNX) StockKnight-Swift Transportation Holdings, Inc. engages in the provision of multiple truckload transportation and logistics services. It operates through the following business segments: Trucking, Logistics, and Intermodal. The Trucking segment comprises irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The Logistics segment includes brokerage and other freight management services. The Intermodal segment consists of revenue generated by moving freight over the rail in the containers and other trailing equipment, combined with the revenue for drayage to transport loads between the railheads and customer locations. The company was founded in 1966 and is headquartered in Phoenix, AZ.Read More Receive KNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Knight-Swift Transportation and its competitors with MarketBeat's FREE daily newsletter. Email Address KNX Stock News HeadlinesMay 29, 2023 | finance.yahoo.comWhat Does Knight-Swift Transportation Holdings Inc.'s (NYSE:KNX) Share Price Indicate?May 25, 2023 | msn.comUnusual Put Option Trade in Knight-Swift Transportation Holdings Inc - (KNX) Worth $1,039.87KMay 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 25, 2023 | americanbankingnews.comZacks Research Analysts Increase Earnings Estimates for Knight-Swift Transportation Holdings Inc. (NYSE:KNX)May 23, 2023 | msn.comStifel Maintains Knight-Swift Transportation Holdings Inc - (KNX) Buy RecommendationMay 22, 2023 | msn.comCitigroup Upgrades Knight-Swift Transportation Holdings Inc - (KNX)May 22, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Raised to Buy at CitigroupMay 19, 2023 | americanbankingnews.comStock Traders Purchase Large Volume of Knight-Swift Transportation Put Options (NYSE:KNX)May 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 17, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Downgraded by Credit Suisse GroupMay 16, 2023 | americanbankingnews.comKnight-Swift Transportation Holdings Inc. (NYSE:KNX) Receives $65.06 Consensus Target Price from AnalystsMay 15, 2023 | finance.yahoo.comKnight-Swift Transportation Holdings' (NYSE:KNX) investors will be pleased with their decent 50% return over the last three yearsMay 13, 2023 | americanbankingnews.comKnight-Swift Transportation Holdings Inc. (NYSE:KNX) Chairman Sells $3,629,626.01 in StockMay 12, 2023 | finance.yahoo.comKnight-Swift (KNX) Q1 Earnings: Taking a Look at Key Metrics Versus EstimatesMay 9, 2023 | americanbankingnews.comZacks Research Comments on Knight-Swift Transportation Holdings Inc.'s Q2 2023 Earnings (NYSE:KNX)May 7, 2023 | americanbankingnews.comKnight-Swift Transportation Holdings Inc. (NYSE:KNX) to Post Q1 2024 Earnings of $0.89 Per Share, Zacks Research ForecastsMay 3, 2023 | americanbankingnews.comKnight-Swift Transportation Holdings Inc. (NYSE:KNX) EVP Timothy Sean Harrington Sells 1,700 Shares of StockMay 1, 2023 | finance.yahoo.comKnight-Swift Transportation Holdings' (NYSE:KNX) Shareholders Will Receive A Bigger Dividend Than Last YearApril 28, 2023 | americanbankingnews.comDustin Ohlman Sells 1,300 Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) StockApril 24, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Price Target Raised to $59.00April 24, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Price Target Cut to $67.00 by Analysts at TD CowenApril 24, 2023 | americanbankingnews.comStephens Reiterates "Overweight" Rating for Knight-Swift Transportation (NYSE:KNX)April 24, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Given New $67.00 Price Target at Bank of AmericaApril 23, 2023 | msn.comTD Cowen Maintains Knight Transportation (KNX) Outperform RecommendationApril 23, 2023 | americanbankingnews.comKnight-Swift Transportation Holdings Inc. (NYSE:KNX) Given Average Recommendation of "Moderate Buy" by BrokeragesApril 22, 2023 | nasdaq.comB of A Securities Maintains Knight Transportation (KNX) Buy RecommendationApril 22, 2023 | msn.comStephens & Co. Reiterates Knight Transportation (KNX) Overweight RecommendationSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Knight-Swift Transportation and its competitors with MarketBeat's FREE daily newsletter. Email Address KNX Company Calendar Ex-Dividend for 3/27 Dividend3/02/2023Dividend Payable3/27/2023Last Earnings4/20/2023Today5/31/2023Ex-Dividend for 6/27 Dividend6/08/2023Dividend Payable6/27/2023Next Earnings (Estimated)7/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Trucking, except local Sub-IndustryTrucking SectorTransportation Current SymbolNYSE:KNX CUSIP49906410 CIK1492691 Webwww.knighttrans.com Phone(602) 269-2000Fax602-269-8542Employees28,500Year Founded1989Price Target and Rating Average Stock Price Forecast$65.35 High Stock Price Forecast$80.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+19.2%Consensus RatingModerate Buy Rating Score (0-4)2.76 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$4.12 Trailing P/E Ratio13.31 Forward P/E Ratio16.52 P/E Growth1.12Net Income$771.33 million Net Margins9.22% Pretax Margin12.15% Return on Equity10.42% Return on Assets6.59% Debt Debt-to-Equity Ratio0.19 Current Ratio1.59 Quick Ratio1.59 Sales & Book Value Annual Sales$7.43 billion Price / Sales1.19 Cash Flow$9.03 per share Price / Cash Flow6.07 Book Value$43.69 per share Price / Book1.26Miscellaneous Outstanding Shares161,030,000Free Float155,877,000Market Cap$8.83 billion OptionableOptionable Beta1.15 Key ExecutivesDavid A. JacksonPresident, Chief Executive Officer & DirectorAdam W. MillerChief Financial OfficerCary Michael FlanaganChief Accounting Officer & Senior Vice PresidentKevin QuastChief Administrative OfficerReed StultzSenior Vice President-Logistics OperationsKey CompetitorsSaiaNASDAQ:SAIALandstar SystemNASDAQ:LSTRWerner EnterprisesNASDAQ:WERNJ.B. Hunt Transport ServicesNASDAQ:JBHTOld Dominion Freight LineNASDAQ:ODFLView All CompetitorsInsiders & InstitutionsMichael K. LiuSold 3,081 sharesTotal: $174,631.08 ($56.68/share)Brandywine Global Investment Management LLCSold 8,643 shares on 5/25/2023Ownership: 0.062%Toroso Investments LLCBought 4,720 shares on 5/23/2023Ownership: 0.003%Ameriprise Financial Inc.Sold 66,968 shares on 5/22/2023Ownership: 0.447%American TrustBought 342 shares on 5/22/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions KNX Stock - Frequently Asked Questions Should I buy or sell Knight-Swift Transportation stock right now? 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KNX shares. View KNX analyst ratings or view top-rated stocks. What is Knight-Swift Transportation's stock price forecast for 2023? 17 analysts have issued twelve-month target prices for Knight-Swift Transportation's stock. Their KNX share price forecasts range from $50.00 to $80.00. On average, they anticipate the company's share price to reach $65.35 in the next twelve months. This suggests a possible upside of 18.1% 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 stock has increased by 5.6% and is now trading at $55.32. View the best growth stocks for 2023 here. When is Knight-Swift Transportation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023. View our KNX earnings forecast. How were Knight-Swift Transportation's earnings last quarter? Knight-Swift Transportation Holdings Inc. (NYSE:KNX) released its quarterly earnings results on Thursday, April, 20th. The transportation company reported $0.73 earnings per share for the quarter, missing analysts' consensus estimates of $0.83 by $0.10. The transportation company earned $1.64 billion during the quarter, compared to analysts' expectations of $1.61 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 10.42% and a net margin of 9.22%. The company's revenue was down 10.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.35 EPS. 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 Friday, April 28th. Investors of record on Friday, June 9th will be given a dividend of $0.14 per share on Tuesday, June 27th. This represents a $0.56 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Thursday, June 8th. Read our dividend analysis for KNX. What ETFs hold Knight-Swift Transportation's stock? ETFs with the largest weight of Knight-Swift Transportation (NYSE:KNX) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), iShares Focused Value Factor ETF (FOVL), ProShares Supply Chain Logistics ETF (SUPL), SPDR S&P Transportation ETF (XTN), First Trust Dorsey Wright Momentum & Value ETF (DVLU), First Trust Nasdaq Transportation ETF (FTXR), iShares U.S. Transportation ETF (IYT) and First Trust Industrials/Producer Durables AlphaDEX Fund (FXR). 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 1.00%. 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 13.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 12.84% 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, April, 20th. The company provided earnings per share (EPS) guidance of $3.35-$3.55 for the period, compared to the consensus estimate of $3.85. 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." 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 BlackRock Inc. (10.65%), Wellington Management Group LLP (9.76%), FMR LLC (4.61%), State Street Corp (3.57%), Dimensional Fund Advisors LP (2.61%) and Ensign Peak Advisors Inc (1.86%). 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, Lyndee Moyes Nester, Michael Garnreiter, Michael K Liu, Michael K Liu, Shannon Breen, Timothy Sean Harrington and Wayne Yu. 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 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 $55.32. How much money does Knight-Swift Transportation make? Knight-Swift Transportation (NYSE:KNX) has a market capitalization of $8.91 billion and generates $7.43 billion in revenue each year. The transportation company earns $771.33 million in net income (profit) each year or $4.12 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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