S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
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AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Dozens of animals taken from Virginia roadside zoo as part of investigation
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Dozens of animals taken from Virginia roadside zoo as part of investigation
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Dozens of animals taken from Virginia roadside zoo as part of investigation
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa

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

$55.69
-0.60 (-1.07%)
(As of 12/8/2023 ET)
Compare
Today's Range
$55.64
$56.80
50-Day Range
$45.89
$57.05
52-Week Range
$45.73
$64.35
Volume
1.41 million shs
Average Volume
1.65 million shs
Market Capitalization
$8.99 billion
P/E Ratio
24.00
Dividend Yield
1.01%
Price Target
$62.93

Knight-Swift Transportation MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
13.0% Upside
$62.93 Price Target
Short Interest
Healthy
2.31% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.63mentions of Knight-Swift Transportation in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$205,537 Sold Last Quarter
Proj. Earnings Growth
46.70%
From $2.12 to $3.11 Per Share

Overall MarketRank

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

2.80 out of 5 stars

Transportation Sector

18th out of 113 stocks

Trucking, Except Local Industry

2nd 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

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Trucking Industry Up 29% Year to Date: More Room to Run?
20 Largest Delivery Companies in the US
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Why Knight-Swift Transportation Stock Popped Today
See More Headlines
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Company Calendar

Ex-Dividend for 9/25 Dividend
9/07/2023
Dividend Payable
9/25/2023
Last Earnings
10/19/2023
Ex-Dividend for 12/22 Dividend
12/07/2023
Today
12/10/2023
Dividend Payable
12/22/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/25/2024

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
$62.93
High Stock Price Target
$75.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+13.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
15 Analysts

Profitability

Net Income
$771.33 million
Pretax Margin
6.77%

Debt

Sales & Book Value

Annual Sales
$7.43 billion
Cash Flow
$9.22 per share
Book Value
$43.28 per share

Miscellaneous

Free Float
156,367,000
Market Cap
$8.99 billion
Optionable
Optionable
Beta
1.18
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KNX Stock Analysis - Frequently Asked Questions

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

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last twelve months. There are currently 4 hold ratings and 11 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?

15 brokerages have issued 12 month target prices for Knight-Swift Transportation's shares. Their KNX share price targets range from $45.00 to $75.00. On average, they anticipate the company's stock price to reach $62.93 in the next year. This suggests a possible upside of 13.0% 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 2023. Since then, KNX shares have increased by 6.3% and is now trading at $55.69.
View the best growth stocks for 2023 here
.

Are investors shorting Knight-Swift Transportation?

Knight-Swift Transportation saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,820,000 shares, an increase of 28.6% from the October 15th total of 2,970,000 shares. Based on an average trading volume of 2,010,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.5% of the shares of the stock are short sold.
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 Thursday, January 25th 2024.
View our KNX earnings forecast
.

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

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced its quarterly earnings results on Thursday, October, 19th. The transportation company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. The transportation company earned $2.02 billion during the quarter, compared to the consensus estimate of $1.89 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 6.03% and a net margin of 5.41%. The firm's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.27 EPS.

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 Monday, November 13th. Stockholders of record on Friday, December 8th will be given a dividend of $0.14 per share on Friday, December 22nd. This represents a $0.56 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, December 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 1.01%. 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 24.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 18.01% 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, October, 19th. The company provided earnings per share (EPS) guidance of $2.10-$2.20 for the period, compared to the consensus earnings per share estimate of $2.07. 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 number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (8.41%), FMR LLC (6.13%), Morgan Stanley (3.08%), Allspring Global Investments Holdings LLC (1.79%), Massachusetts Financial Services Co. MA (1.73%) and JPMorgan Chase & Co. (1.69%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:KNX) was last updated on 12/10/2023 by MarketBeat.com Staff

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