Knight-Swift Transportation Stock Forecast, Price & News

Knight-Swift Transportation (NYSE:KNX) Frequently Asked Questions

Is Knight-Swift Transportation a buy right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Knight-Swift Transportation stock.
View analyst ratings for Knight-Swift Transportation or view top-rated stocks.

How has Knight-Swift Transportation's stock price been impacted by COVID-19 (Coronavirus)?

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. Since then, KNX shares have increased by 80.1% and is now trading at $55.60.
View which stocks have been most impacted by COVID-19.

Are investors shorting Knight-Swift Transportation?

Knight-Swift Transportation saw a drop in short interest in December. As of December 31st, there was short interest totaling 5,360,000 shares, a drop of 19.5% from the December 15th total of 6,660,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the short-interest ratio is currently 3.7 days. Approximately 3.5% of the company's shares are short sold.
View Knight-Swift Transportation's Short Interest.

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

Knight-Swift Transportation is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Knight-Swift Transportation.

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

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) posted its earnings results on Tuesday, October, 19th. The transportation company reported $1.30 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.07 by $0.23. The transportation company earned $1.64 billion during the quarter, compared to analyst estimates of $1.51 billion. Knight-Swift Transportation had a net margin of 11.56% and a trailing twelve-month return on equity of 11.20%. The business's quarterly revenue was up 35.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.79 EPS.
View Knight-Swift Transportation's earnings history.

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, November 4th. Stockholders of record on Friday, December 3rd will be given a dividend of $0.10 per share on Monday, December 27th. This represents a $0.40 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, December 2nd.
View Knight-Swift Transportation's dividend history.

Is Knight-Swift Transportation a good dividend stock?

Knight-Swift Transportation pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.71%. Knight-Swift Transportation has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Knight-Swift Transportation is 10.64%. 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 7.95% next year. This indicates that Knight-Swift Transportation will be able to sustain or increase its dividend.
View Knight-Swift Transportation's dividend history.

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

Knight-Swift Transportation updated its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share guidance of $4.500-$4.550 for the period, compared to the Thomson Reuters consensus estimate of $4.010. The company issued revenue guidance of -.

What price target have analysts set for KNX?

21 brokerages have issued 12 month price targets for Knight-Swift Transportation's shares. Their forecasts range from $45.00 to $80.00. On average, they anticipate Knight-Swift Transportation's share price to reach $62.05 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price.
View analysts' price targets for Knight-Swift Transportation or view top-rated stocks among Wall Street analysts.

What are Wall Street analysts saying about Knight-Swift Transportation stock?

Here are some recent quotes from research analysts about Knight-Swift Transportation stock:

• 1. The analyst said its recent acquisition of Midwest Motor Express shows the commitment to grow its LTL business and diversify its business mix. He believes this new revenue mix shift warrants a higher multiple given the premium the market has given LTL carriers over the last few years." (12/9/2021)
• 2. According to Zacks Investment Research, "We are impressed by Knight-Swift's efforts to reward its shareholders. In the first half of 2021, it returned $53.7 million (share repurchase) and $30.3 million (dividends) to shareholders. In April, the company announced a 25% increase in its quarterly dividend payout. Improvement in operating ratio (operating expenses, as a percentage of revenues) is encouraging. Knight-Swift's decision to increase its 2021 earnings guidance in the range of $3.90-$4.05 (earlier: $3.45-$3.60) reflects improvement in freight conditions. However, shares of the company have underperformed its industry in a year’s time, partly due to lingering coronavirus-led headwinds and increase in operating expenses.  Inflationary pressure on driver wages, recruiting and hiring expenses represent an added headwind." (10/19/2021)

Who are Knight-Swift Transportation's key executives?

Knight-Swift Transportation's management team includes the following people:

• David A. Jackson, President, Chief Executive Officer & Director
• Adam W. Miller, Chief Financial Officer & Treasurer
• Cary Michael Flanagan, Chief Accounting Officer & Senior Vice President
• Kevin Quast, Chief Administrative Officer
• Todd F. Carlson, Secretary & General Counsel

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

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

Who are some of Knight-Swift Transportation's key competitors?

Some companies that are related to Knight-Swift Transportation include Old Dominion Freight Line (ODFL), J.B. Hunt Transport Services (JBHT), AMERCO (UHAL), Avis Budget Group (CAR), Saia (SAIA), Landstar System (LSTR), Ryder System (R), Werner Enterprises (WERN), Marten Transport (MRTN), Heartland Express (HTLD) and FRP (FRPH).
View all of KNX's competitors.

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 many different retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (1.18%), Nordea Investment Management AB (0.66%), Scout Investments Inc. (0.47%), Harvey Investment Co. LLC (0.21%), Retirement Systems of Alabama (0.13%) and Russell Investments Group Ltd. (0.12%). 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, Lyndee Moyes Nester, Michael Garnreiter, Michael K Liu, Shannon Breen, Timothy Sean Harrington and Wayne Yu.
View institutional ownership trends for Knight-Swift Transportation.

Which institutional investors are selling Knight-Swift Transportation stock?

KNX stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Harvey Investment Co. LLC, Centre Asset Management LLC, Crossmark Global Holdings Inc., Frontier Capital Management Co. LLC, DNB Asset Management AS, Parallel Advisors LLC, and Nordea Investment Management AB. 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, James L Fitzsimmons, Kevin P Knight, Michael K Liu, and Timothy Sean Harrington.
View insider buying and selling activity for Knight-Swift Transportation or view top insider-selling stocks.

Which institutional investors are buying Knight-Swift Transportation stock?

KNX stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Sciencast Management LP, Legacy Bridge LLC, Stonnington Group LLC, Cullinan Associates Inc., Abacus Planning Group Inc., Clear Creek Financial Management LLC, and AAFMAA Wealth Management & Trust LLC.
View insider buying and selling activity for Knight-Swift Transportation or or view top insider-buying stocks.

How do I buy shares of Knight-Swift Transportation?

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

One share of KNX stock can currently be purchased for approximately $55.60.

How much money does Knight-Swift Transportation make?

Knight-Swift Transportation has a market capitalization of $9.23 billion and generates $4.67 billion in revenue each year. The transportation company earns $410 million in net income (profit) each year or $3.76 on an earnings per share basis.

How many employees does Knight-Swift Transportation have?

Knight-Swift Transportation employs 22,800 workers across the globe.

When was Knight-Swift Transportation founded?

Knight-Swift Transportation was founded in 1989.

What is Knight-Swift Transportation's official website?

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

Where are Knight-Swift Transportation's headquarters?

Knight-Swift Transportation is headquartered at 20002 NORTH 19TH AVENUE, PHOENIX AZ, 85027.

How can I contact Knight-Swift Transportation?

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, via email at [email protected], or via fax at 602-269-8542.