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

Knight-Swift Transportation's stock was trading at $30.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KNX shares have increased by 3.5% and is now trading at $31.97. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Knight-Swift Transportation.

Knight-Swift Transportation is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Knight-Swift Transportation.

Knight-Swift Transportation Holdings Inc (NYSE:KNX) released its quarterly earnings data on Wednesday, January, 29th. The transportation company reported $0.55 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.04. The transportation company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.22 billion. Knight-Swift Transportation had a net margin of 6.38% and a return on equity of 6.68%. The firm's revenue for the quarter was down 14.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.93 EPS. View Knight-Swift Transportation's earnings history.

Knight-Swift Transportation declared a quarterly dividend on Monday, February 10th. Investors of record on Tuesday, March 3rd will be paid a dividend of $0.08 per share on Friday, March 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Knight-Swift Transportation's previous quarterly dividend of $0.06. View Knight-Swift Transportation's dividend history.

Knight-Swift Transportation issued an update on its FY20 earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of $2.00-2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.03.

14 equities research analysts have issued 12-month price targets for Knight-Swift Transportation's stock. Their forecasts range from $30.00 to $45.00. On average, they anticipate Knight-Swift Transportation's share price to reach $40.00 in the next year. This suggests a possible upside of 25.1% from the stock's current price. View analysts' price targets for Knight-Swift Transportation.

News stories about KNX stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Knight-Swift Transportation earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned press coverage about the transportation company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutKnight-Swift Transportation.

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), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Ryder System (R), Avis Budget Group (CAR), Marten Transport (MRTN), Hertz Global (HTZ), FRP (FRPH) and Roadrunner Transportation Systems (RRTS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Knight-Swift Transportation investors own include Cisco Systems (CSCO), Walt Disney (DIS), Home Depot (HD), NVIDIA (NVDA), AT&T (T), Exxon Mobil (XOM), Micron Technology (MU), Verizon Communications (VZ), Alibaba Group (BABA) and Bank of America (BAC).

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 number of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), Alliancebernstein L.P. (3.48%), Bank of New York Mellon Corp (2.67%), State Street Corp (2.50%), Vaughan Nelson Investment Management L.P. (1.46%) and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (1.21%). Company insiders that own Knight-Swift Transportation stock include Cary M Flanagan, Gary J Knight, James E Jr Updike, James L Fitzsimmons, Jerry Moyes, Kathryn L Munro, Kevin P Knight, Kevin Quast, Ploeg David Vander, Robert E Synowicki Jr, Shannon Breen, Todd F Carlson 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 Bank of America Corp DE, Bank of New York Mellon Corp, NWQ Investment Management Company LLC, Scout Investments Inc., CI Investments Inc., Nuveen Asset Management LLC, South Dakota Investment Council, and Virginia Retirement Systems ET AL. Company insiders that have sold Knight-Swift Transportation company stock in the last year include Cary M Flanagan, James L Fitzsimmons, Jerry Moyes, Kevin P Knight, Kevin Quast, and Ploeg David Vander. View insider buying and selling activity for Knight-Swift Transportation.

KNX stock was bought by a variety of institutional investors in the last quarter, including DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Alliancebernstein L.P., Norges Bank, Goldman Sachs Group Inc., Alyeska Investment Group L.P., Prudential Financial Inc., MIK Capital LP, and DekaBank Deutsche Girozentrale. Company insiders that have bought Knight-Swift Transportation stock in the last two years include Robert E Synowicki Jr, and Wayne Yu. View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KNX stock can currently be purchased for approximately $31.97.

Knight-Swift Transportation has a market capitalization of $5.46 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. View additional information about Knight-Swift Transportation.

The official website for Knight-Swift Transportation is http://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]