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

18 Wall Street 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 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KNX shares.
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18 equities research analysts have issued 12-month target prices for Knight-Swift Transportation's stock. Their KNX share price forecasts range from $35.00 to $85.00. On average, they expect the company's share price to reach $60.94 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price.
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Knight-Swift Transportation's stock was trading at $60.94 at the beginning of the year. Since then, KNX shares have decreased by 20.0% and is now trading at $48.74.
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Knight-Swift Transportation saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 9,340,000 shares, a decline of 8.6% from the August 15th total of 10,220,000 shares. Based on an average trading volume of 1,640,000 shares, the days-to-cover ratio is presently 5.7 days. Currently, 6.2% of the company's stock are sold short.
View Knight-Swift Transportation's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
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Knight-Swift Transportation Holdings Inc. (NYSE:KNX) issued its quarterly earnings data on Wednesday, July, 20th. The transportation company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.06. The transportation company earned $1.96 billion during the quarter, compared to analysts' expectations of $1.85 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 14.44% and a net margin of 12.26%. The business's revenue for the quarter was up 49.1% compared to the same quarter last year. During the same period last year, the business earned $0.98 earnings per share.

Knight-Swift Transportation declared a quarterly dividend on Friday, July 29th. Shareholders of record on Monday, September 5th will be given a dividend of $0.12 per share on Monday, September 26th. This represents a $0.48 annualized dividend and a yield of 0.98%. The ex-dividend date is Thursday, September 1st.
Read our dividend analysis for KNX.

Knight-Swift Transportation (NYSE:KNX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.00%. The company 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 is 8.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 10.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KNX.

Knight-Swift Transportation updated its FY 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share guidance of $5.30-$5.45 for the period, compared to the consensus estimate of $5.32. The company issued revenue guidance of -.

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.

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).

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 FMR LLC (5.42%), State Street Corp (3.68%), Ensign Peak Advisors Inc (1.86%), Massachusetts Financial Services Co. MA (1.86%), JPMorgan Chase & Co. (1.80%) and Goldman Sachs Group Inc. (1.15%). Insiders that own company stock include Cary M Flanagan, Dustin Ohlman, Gary J Knight, James E Jr Updike, James L Fitzsimmons, Jerry Moyes, Kevin P Knight, Lyndee Moyes Nester, Michael Garnreiter, Michael K Liu, Michael K Liu, Ploeg David Vander, Shannon Breen, Timothy Sean Harrington and Wayne Yu.
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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.
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One share of KNX stock can currently be purchased for approximately $48.74.

Knight-Swift Transportation (NYSE:KNX) has a market capitalization of $7.83 billion and generates $6.00 billion in revenue each year. The transportation company earns $743.39 million in net income (profit) each year or $5.35 on an earnings per share basis.

The company employs 27,900 workers across the globe.

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.