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

18 Wall Street research 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 research analysts is that investors should "buy" KNX shares.
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18 brokers 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 anticipate the company's share price to reach $60.94 in the next year. This suggests a possible upside of 20.0% from the stock's current price.
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Knight-Swift Transportation's stock was trading at $60.94 at the start of the year. Since then, KNX stock has decreased by 16.7% and is now trading at $50.77.
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Knight-Swift Transportation saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 10,470,000 shares, an increase of 12.1% from the August 31st total of 9,340,000 shares. Based on an average daily volume of 1,680,000 shares, the short-interest ratio is currently 6.2 days. Approximately 7.0% of the company's shares are short sold.
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 will be holding an earnings conference call on Wednesday, October 19th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) issued its quarterly earnings results on Wednesday, July, 20th. The transportation company reported $1.41 EPS for the quarter, topping the consensus estimate 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 net margin of 12.26% and a trailing twelve-month return on equity of 14.44%. The company's revenue was up 49.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.98 EPS.

Knight-Swift Transportation announced a quarterly dividend on Friday, July 29th. Stockholders 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 dividend yield of 0.95%. The ex-dividend date of this dividend 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 0.96%. 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 10.28% 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 EPS guidance of $5.30-$5.45 for the period, compared to the consensus EPS 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."

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 $50.77.

Knight-Swift Transportation (NYSE:KNX) has a market capitalization of $8.16 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.