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

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, 3 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KNX shares.
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17 brokers have issued 1-year target prices for Knight-Swift Transportation's shares. Their KNX share price forecasts range from $48.00 to $88.00. On average, they anticipate the company's share price to reach $63.65 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
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Knight-Swift Transportation's stock was trading at $52.41 at the beginning of 2023. Since then, KNX stock has increased by 16.9% and is now trading at $61.25.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
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Knight-Swift Transportation Holdings Inc. (NYSE:KNX) issued its earnings results on Thursday, January, 26th. The transportation company reported $1.00 EPS for the quarter, missing analysts' consensus estimates of $1.13 by $0.13. The transportation company earned $1.74 billion during the quarter, compared to analysts' expectations of $1.80 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 12.17% and a net margin of 10.38%. The company's revenue was down 4.0% compared to the same quarter last year. During the same period last year, the firm posted $1.61 EPS.

Knight-Swift Transportation announced a quarterly dividend on Thursday, November 3rd. Investors of record on Monday, December 5th will be paid a dividend of $0.12 per share on Tuesday, December 27th. This represents a $0.48 annualized dividend and a yield of 0.78%. The ex-dividend date is Friday, December 2nd.
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 0.77%. 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 10.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 10.15% 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 FY23 earnings guidance on Thursday, January, 26th. The company provided earnings per share guidance of $4.05-4.25 for the period, compared to the consensus EPS estimate of $4.14.

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 many different retail and institutional investors. Top institutional shareholders include Ceredex Value Advisors LLC (0.74%), DekaBank Deutsche Girozentrale (0.72%), Country Trust Bank (0.37%), Strs Ohio (0.36%), Sumitomo Mitsui Trust Holdings Inc. (0.26%) and AustralianSuper Pty Ltd (0.23%). 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, 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 $61.25.

Knight-Swift Transportation (NYSE:KNX) has a market capitalization of $9.84 billion and generates $7.43 billion in revenue each year. The transportation company earns $771.33 million in net income (profit) each year or $4.73 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.