Knight-Swift Transportation Stock Forecast, Price & News

Knight-Swift Transportation's stock was trading at $30.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KNX stock has increased by 42.5% and is now trading at $43.99.
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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, 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Knight-Swift Transportation stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KNX, but not buy additional shares or sell existing shares.
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Knight-Swift Transportation is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Knight-Swift Transportation.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) released its earnings results on Wednesday, October, 21st. The transportation company reported $0.79 EPS for the quarter, topping the Zacks' consensus estimate of $0.63 by $0.16. The transportation company earned $1.21 billion during the quarter, compared to analysts' expectations of $1.17 billion. Knight-Swift Transportation had a return on equity of 6.97% and a net margin of 7.30%. The firm's revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.48 EPS.
View Knight-Swift Transportation's earnings history.

Knight-Swift Transportation declared a quarterly dividend on Monday, November 9th. Shareholders of record on Friday, December 4th will be given a dividend of $0.08 per share on Monday, December 28th. This represents a $0.32 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Thursday, December 3rd.
View Knight-Swift Transportation's dividend history.

Knight-Swift Transportation pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.74%. The dividend payout ratio of Knight-Swift Transportation is 14.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Knight-Swift Transportation will have a dividend payout ratio of 9.61% next year. This indicates that Knight-Swift Transportation will be able to sustain or increase its dividend.
View Knight-Swift Transportation's dividend history.

Knight-Swift Transportation issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, October, 21st. The company provided EPS guidance of 2.68-2.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.36.

17 analysts have issued 12 month price objectives for Knight-Swift Transportation's stock. Their forecasts range from $35.00 to $60.00. On average, they anticipate Knight-Swift Transportation's stock price to reach $48.35 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price.
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Some companies that are related to Knight-Swift Transportation include Old Dominion Freight Line (ODFL), J.B. Hunt Transport Services (JBHT), AMERCO (UHAL), Landstar System (LSTR), Saia (SAIA), Ryder System (R), Werner Enterprises (WERN), Avis Budget Group (CAR), Heartland Express (HTLD), Marten Transport (MRTN), FRP (FRPH) and Hertz Global (HTZ).
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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), The Walt Disney (DIS), AT&T (T), Visa (V), Bank of America (BAC) and The Home Depot (HD).

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

Knight-Swift Transportation's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.34%), New England Research & Management Inc. (0.02%), First American Bank (0.02%), State of Alaska Department of Revenue (0.01%), Crossmark Global Holdings Inc. (0.01%) and HGK Asset Management Inc. (0.01%). Company insiders that own Knight-Swift Transportation stock include Cary M Flanagan, Gary J Knight, James E Jr Updike, James L Fitzsimmons, Jerry Moyes, Kevin P Knight, Kevin Quast, Lyndee Moyes Nester, Michael Garnreiter, Michael K Liu, Ploeg David Vander, Shannon Breen, Timothy Sean Harrington and Wayne Yu.
View institutional ownership trends for Knight-Swift Transportation.

KNX stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., and State of Alaska Department of Revenue. Company insiders that have sold Knight-Swift Transportation company stock in the last year include Cary M Flanagan, Gary J Knight, James E Jr Updike, Jerry Moyes, Kevin P Knight, Lyndee Moyes Nester, Michael Garnreiter, Michael K Liu, Shannon Breen, Timothy Sean Harrington, and Wayne Yu.
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KNX stock was purchased by a variety of institutional investors in the last quarter, including First American Bank, Crossmark Global Holdings Inc., HGK Asset Management Inc., and New England Research & Management Inc..
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Shares of KNX 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.

One share of KNX stock can currently be purchased for approximately $43.99.

Knight-Swift Transportation has a market capitalization of $7.47 billion and generates $4.84 billion in revenue each year. The transportation company earns $309.21 million in net income (profit) each year or $2.17 on an earnings per share basis. Knight-Swift Transportation employs 23,800 workers across the globe.

The official website for Knight-Swift Transportation is www.knighttrans.com.

Knight-Swift Transportation's mailing address is 20002 NORTH 19TH AVENUE, PHOENIX AZ, 85027. The transportation company can be reached via phone at 602-269-2000 or via email at [email protected]