S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:KNX

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

$47.72
-0.38 (-0.79%)
(As of 05/13/2022 06:40 PM ET)
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Today's Range
$47.57
$48.88
50-Day Range
$45.42
$56.26
52-Week Range
$44.22
$62.29
Volume
2.16 million shs
Average Volume
1.82 million shs
Market Capitalization
$7.93 billion
P/E Ratio
9.70
Dividend Yield
1.01%
Beta
1.23
30 days | 90 days | 365 days | Advanced Chart
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Knight-Swift Transportation logo

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. The company operates through four segments: Trucking, Logistics, Less-than-truckload (LTL), and Intermodal. Its trucking services include irregular route, dedicated, refrigerated, flatbed, expedited, dry van, drayage, and cross-border transportation of various products, goods, and materials. The company also provides logistics and intermodal services, such as brokerage, intermodal, and certain logistics; freight management; and non-trucking services. In addition, it offers various support services, including repair and maintenance shop services, warranty, insurance, and equipment leasing; and trailer parts manufacturing and warehousing services, as well as engages in the driving academy activities. In addition, it offers regional direct services to customers national transportation needs by utilizing carriers for coverage areas outside networks. The company operates a total of 18,019 tractors, which comprises 16,166 company tractors and 1,853 independent contractor tractors, as well as 67,606 trailers; 2,735 tractors and 7,413 trailers; and 597 tractors and 10,847 intermodal containers. It serves retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. Knight-Swift Transportation Holdings Inc. was incorporated in 1989 and is headquartered in Phoenix, Arizona.

Headlines

Knight-Swift Transportation Stock is a Logistics Winner
Freight transportation company Knight Swift Transportation (NYSE: KNX) stock has been getting crushed with the benchmark indices.
See More Headlines

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
CUSIP
49906410
Employees
27,900
Year Founded
1989

Sales & Book Value

Annual Sales
$6.00 billion
Cash Flow
$8.23 per share
Book Value
$39.60 per share

Profitability

Net Income
$743.39 million
Pretax Margin
16.31%

Debt

Price-To-Earnings

Miscellaneous

Free Float
158,497,000
Market Cap
$7.93 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/28 Dividend
3/03/2022
Dividend Payable
3/28/2022
Last Earnings
4/20/2022
Today
5/16/2022
Ex-Dividend for 6/27 Dividend
6/09/2022
Dividend Payable
6/27/2022
Next Earnings (Estimated)
7/20/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.02 out of 5 stars

Transportation Sector

17th out of 168 stocks

Trucking, Except Local Industry

2nd out of 18 stocks

Analyst Opinion: 4.3Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













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

Is Knight-Swift Transportation a buy right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Knight-Swift Transportation stock.
View analyst ratings for Knight-Swift Transportation
or view top-rated stocks.

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

Knight-Swift Transportation is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 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) issued its quarterly earnings data on Wednesday, April, 20th. The transportation company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.09. The transportation company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.76 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 13.69% and a net margin of 12.45%. Knight-Swift Transportation's quarterly revenue was up 49.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.83 earnings per share.
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 Tuesday, April 26th. Investors of record on Friday, June 10th will be paid a dividend of $0.12 per share on Monday, June 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, June 9th.
View Knight-Swift Transportation's dividend history
.

Is Knight-Swift Transportation a good dividend stock?

Knight-Swift Transportation pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.01%. Knight-Swift Transportation has been increasing its dividend for 3 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 9.76%. 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 9.96% 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 issued an update on its FY 2022 earnings guidance on Wednesday, April, 27th. The company provided EPS guidance of $5.200-$5.400 for the period, compared to the consensus EPS estimate of $5.240. The company issued revenue guidance of -.

What price target have analysts set for KNX?

17 brokers have issued 12-month target prices for Knight-Swift Transportation's stock. Their forecasts range from $48.00 to $85.00. On average, they expect Knight-Swift Transportation's share price to reach $64.18 in the next year. This suggests a possible upside of 34.5% 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. According to Zacks Investment Research, "Robust revenues at the Logistics segment (up more than 100% year over year in 2021) due to increase in load count and revenue per load are driving Knight-Swift's top line. Owing to favorable freight market conditions and higher trucking rates, the company provided an upbeat earnings guidance for 2022. The company’s measures to reward its shareholders is encouraging. During 2021, the company rewarded shareholders with $63.5 million in dividends and $57.2 million in share buybacks. The Zacks Consensus Estimate for current-year earnings has been revised upwards over the past 60 days. However, persistent rail congestion and rail allocations are hurting Knight-Swift's intermodal volumes. High costs related to driver wages, equipment, maintenance and fuel are pushing up operating expenses, thus dampening bottom-line growth." (1/31/2022)
  • 2. 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)
Who are Knight-Swift Transportation's key executives?
Knight-Swift Transportation's management team includes the following people:
  • Mr. Kevin P. Knight, Exec. Chairman (Age 65, Pay $3.07M)
  • Mr. David A. Jackson, Pres, CEO & Director (Age 46, Pay $2.53M)
  • Mr. Gary J. Knight, Exec. Vice Chairman (Age 70, Pay $1.12M)
  • Mr. Adam W. Miller, CFO & Treasurer (Age 41, Pay $1.77M)
  • Mr. Todd F. Carlson, Gen. Counsel & Sec. (Age 62, Pay $1.02M)
  • Mr. Cary Michael Flanagan, Sr. VP & Chief Accounting Officer (Age 49)
  • Mr. Kevin Quast, Chief Admin. Officer (Age 56)
  • Mr. Michael K. Liu, Exec. VP of Operations of Knight (Age 49) (LinkedIn Profile)
  • Mr. James E. Updike Jr., Exec. VP of Sales & Marketing of Knight (Age 49)
  • Mr. James Fitzsimmons, Exec. VP of Operations - Swift (Age 50) (LinkedIn Profile)
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.

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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.02%), Vanguard Group Inc. (8.36%), Dimensional Fund Advisors LP (2.32%), Massachusetts Financial Services Co. MA (1.87%), JPMorgan Chase & Co. (1.83%) and Frontier Capital Management Co. LLC (1.05%). Company insiders that own Knight-Swift Transportation stock include Cary M Flanagan, Dustin Ohlman, Gary J Knight, James E Jr Updike, James L Fitzsimmons, 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 for Knight-Swift Transportation
.

Which major investors are selling Knight-Swift Transportation stock?

KNX stock was sold by a variety of institutional investors in the last quarter, including PEAK6 Investments LLC, Massachusetts Financial Services Co. MA, Frontier Capital Management Co. LLC, Scout Investments Inc., Victory Capital Management Inc., Toronto Dominion Bank, Redmond Asset Management LLC, and American Century Companies Inc.. Company insiders that have sold Knight-Swift Transportation company stock in the last year include Cary M Flanagan, Dustin Ohlman, Gary J Knight, James L Fitzsimmons, Kevin P Knight, Michael Garnreiter, Michael K Liu, and Timothy Sean Harrington.
View insider buying and selling activity for Knight-Swift Transportation
or view top insider-selling stocks.

Which major investors are buying Knight-Swift Transportation stock?

KNX stock was purchased by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, Renaissance Technologies LLC, BlackRock Inc., Qube Research & Technologies Ltd, Los Angeles Capital Management LLC, Teacher Retirement System of Texas, Aviva PLC, and National Bank of Canada FI.
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.
Compare Top Brokerages Here.

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

One share of KNX stock can currently be purchased for approximately $47.72.

How much money does Knight-Swift Transportation make?

Knight-Swift Transportation has a market capitalization of $7.93 billion and generates $6.00 billion in revenue each year. The transportation company earns $743.39 million in net income (profit) each year or $4.92 on an earnings per share basis.

How many employees does Knight-Swift Transportation have?

Knight-Swift Transportation employs 27,900 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.

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.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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