NYSE:KNX Knight-Swift Transportation - KNX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Knight-Swift Transportation Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $54.66 -0.90 (-1.62%) (As of 03/29/2023 02:21 PM ET) Add Compare Share Share Today's Range$54.61▼$56.2050-Day Range$53.03▼$63.2152-Week Range$42.50▼$64.35Volume1.17 million shsAverage Volume1.87 million shsMarket Capitalization$8.80 billionP/E Ratio11.56Dividend Yield1.02%Price Target$64.78 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Knight-Swift Transportation MarketRank™ ForecastAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside18.1% Upside$64.78 Price TargetShort InterestBearish5.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.59Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth18.30%From $3.99 to $4.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.13 out of 5 starsTransportation Sector5th out of 123 stocksTrucking, Except Local Industry1st out of 16 stocks 3.4 Analyst's Opinion Consensus RatingKnight-Swift Transportation has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 15 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.78, Knight-Swift Transportation has a forecasted upside of 18.1% from its current price of $54.84.Amount of Analyst CoverageKnight-Swift Transportation has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.05% of the float of Knight-Swift Transportation has been sold short.Short Interest Ratio / Days to CoverKnight-Swift Transportation has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Knight-Swift Transportation has recently decreased by 2.69%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldKnight-Swift Transportation pays a meaningful dividend of 1.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKnight-Swift Transportation has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Knight-Swift Transportation is 11.84%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Knight-Swift Transportation will have a dividend payout ratio of 11.86% next year. This indicates that Knight-Swift Transportation will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KNX. Previous Next 3.1 News and Social Media Coverage News SentimentKnight-Swift Transportation has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Knight-Swift Transportation this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for KNX on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat Follows6 people have added Knight-Swift Transportation to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Knight-Swift Transportation insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.10% of the stock of Knight-Swift Transportation is held by insiders.Percentage Held by Institutions89.95% of the stock of Knight-Swift Transportation is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Knight-Swift Transportation are expected to grow by 18.30% in the coming year, from $3.99 to $4.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Knight-Swift Transportation is 11.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Knight-Swift Transportation is 11.59, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 29.28.Price to Earnings Growth RatioKnight-Swift Transportation has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioKnight-Swift Transportation has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Knight-Swift Transportation (NYSE:KNX) StockKnight-Swift Transportation Holdings, Inc. engages in the provision of multiple truckload transportation and logistics services. It operates through the following business segments: Trucking, Logistics, and Intermodal. The Trucking segment comprises irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The Logistics segment includes brokerage and other freight management services. The Intermodal segment consists of revenue generated by moving freight over the rail in the containers and other trailing equipment, combined with the revenue for drayage to transport loads between the railheads and customer locations. The company was founded in 1966 and is headquartered in Phoenix, AZ.Read More Receive KNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Knight-Swift Transportation and its competitors with MarketBeat's FREE daily newsletter. Email Address KNX Stock News HeadlinesMarch 29, 2023 | finance.yahoo.comKnight-Swift Transportation Holdings Inc.'s (NYSE:KNX) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?March 29, 2023 | americanbankingnews.comQ4 2023 EPS Estimates for Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Lifted by AnalystMarch 29, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 27, 2023 | americanbankingnews.comBrokerages Set Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Price Target at $64.78March 25, 2023 | msn.comWolfe Research Upgrades Knight Transportation (KNX)March 24, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Price Target Cut to $66.00March 23, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Sees Strong Trading VolumeMarch 23, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Given New $70.00 Price Target at TD CowenMarch 29, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 22, 2023 | markets.businessinsider.comMorgan Stanley Sticks to Their Buy Rating for Knight Transportation (KNX)March 22, 2023 | americanbankingnews.comKnight-Swift Transportation (NYSE:KNX) Rating Increased to Outperform at Wolfe ResearchMarch 22, 2023 | markets.businessinsider.comBank of America Securities Remains a Buy on Knight Transportation (KNX)March 21, 2023 | seekingalpha.comKnight-Swift Transportation: Adding To The Dealmaking Track RecordMarch 21, 2023 | msn.comTrucking stocks rev higher after mega merger between Knight-Swift and U.S. XpressMarch 21, 2023 | finance.yahoo.comTrucking Giant Knight-Swift Transportation to Buy U.S. XpressMarch 21, 2023 | finance.yahoo.comKnight-Swift Transportation Agrees to Acquire U.S. Xpress Enterprises for $6.15 Per ShareFebruary 21, 2023 | morningstar.comKnight-Swift Transportation Holdings Inc Class AFebruary 17, 2023 | finance.yahoo.com15 Most Promising Mid-Cap Stocks According to AnalystsFebruary 11, 2023 | finance.yahoo.comKnight-Swift Transportation Holdings' (NYSE:KNX) Dividend Will Be Increased To $0.14February 3, 2023 | finance.yahoo.comKnight-Swift Transportation Holdings Inc. Announces Appointment of Jessica Powell to Board of Directors and an Increase in Quarterly Cash DividendFebruary 1, 2023 | msn.comHere’s Why Knight-Swift Transportation (KNX) May Be The Most Frustrating TradeJanuary 30, 2023 | finance.yahoo.comTruck Company Starts Autonomous Trucks (Not Tesla's Semi)January 30, 2023 | finance.yahoo.comKnight-Swift (KNX) Stock Up 9.2% Despite Q4 Earnings MissJanuary 28, 2023 | finance.yahoo.comKnight-Swift Transportation Holdings Full Year 2022 Earnings: EPS Misses ExpectationsJanuary 26, 2023 | seekingalpha.comKnight-Swift Transportation Holdings Inc. (KNX) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | msn.comKnight-Swift Transportation stock sinks on earnings missJanuary 26, 2023 | finance.yahoo.comKnight-Swift Transportation Holdings Inc. Announces Results for Fourth Quarter 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Knight-Swift Transportation and its competitors with MarketBeat's FREE daily newsletter. Email Address KNX Company Calendar Last Earnings1/26/2023Ex-Dividend for 3/27 Dividend3/02/2023Dividend Payable3/27/2023Today3/29/2023Next Earnings (Estimated)4/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Trucking, except local Sub-IndustryTrucking SectorTransportation Current SymbolNYSE:KNX CUSIP49906410 CIK1492691 Webwww.knighttrans.com Phone(602) 269-2000Fax602-269-8542Employees28,500Year Founded1989Price Target and Rating Average Stock Price Forecast$64.78 High Stock Price Forecast$88.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+16.0%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$4.73 Trailing P/E Ratio11.81 Forward P/E Ratio13.99 P/E Growth0.93Net Income$771.33 million Net Margins10.38% Pretax Margin13.74% Return on Equity12.17% Return on Assets7.62% Debt Debt-to-Equity Ratio0.20 Current Ratio1.67 Quick Ratio1.67 Sales & Book Value Annual Sales$7.43 billion Price / Sales1.21 Cash Flow$9.29 per share Price / Cash Flow6.01 Book Value$43.28 per share Price / Book1.29Miscellaneous Outstanding Shares160,940,000Free Float155,949,000Market Cap$8.99 billion OptionableOptionable Beta1.17 Key ExecutivesDavid A. JacksonPresident, Chief Executive Officer & DirectorAdam W. MillerChief Financial Officer & TreasurerCary Michael FlanaganChief Accounting Officer & Senior Vice PresidentKevin QuastChief Administrative OfficerTodd F. CarlsonSecretary & General CounselKey CompetitorsSaiaNASDAQ:SAIALandstar SystemNASDAQ:LSTRWerner EnterprisesNASDAQ:WERNJ.B. Hunt Transport ServicesNASDAQ:JBHTSchneider NationalNYSE:SNDRView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Bought 10,165 shares on 3/10/2023Ownership: 0.233%Rockefeller Capital Management L.P.Sold 450 shares on 3/6/2023Ownership: 0.008%Voya Investment Management LLCSold 28,502 shares on 2/28/2023Ownership: 0.034%Parallax Volatility Advisers L.P.Bought 3,300 shares on 2/27/2023Ownership: 0.000%NatixisBought 32,200 shares on 2/24/2023Ownership: 0.128%View All Insider TransactionsView All Institutional Transactions KNX Stock - Frequently Asked Questions Should I buy or sell Knight-Swift Transportation stock right now? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last year. 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. View KNX analyst ratings or view top-rated stocks. What is Knight-Swift Transportation's stock price forecast for 2023? 18 equities research analysts have issued 1 year price objectives for Knight-Swift Transportation's stock. Their KNX share price forecasts range from $50.00 to $88.00. On average, they predict the company's share price to reach $64.78 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View analysts price targets for KNX or view top-rated stocks among Wall Street analysts. How have KNX shares performed in 2023? Knight-Swift Transportation's stock was trading at $52.41 on January 1st, 2023. Since then, KNX shares have increased by 5.3% and is now trading at $55.17. View the best growth stocks for 2023 here. Are investors shorting Knight-Swift Transportation? Knight-Swift Transportation saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 8,090,000 shares, a drop of 15.1% from the January 31st total of 9,530,000 shares. Based on an average daily volume of 1,780,000 shares, the days-to-cover ratio is currently 4.5 days. Currently, 5.4% of the shares of the stock are short sold. View Knight-Swift Transportation's Short Interest. When is Knight-Swift Transportation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023. View our KNX earnings forecast. How were Knight-Swift Transportation's earnings last quarter? Knight-Swift Transportation Holdings Inc. (NYSE:KNX) posted its earnings results on Thursday, January, 26th. The transportation company reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.13 by $0.13. The transportation company had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.80 billion. Knight-Swift Transportation had a net margin of 10.38% and a trailing twelve-month return on equity of 12.17%. The firm's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.61 earnings per share. How often does Knight-Swift Transportation pay dividends? What is the dividend yield for Knight-Swift Transportation? Knight-Swift Transportation announced a quarterly dividend on Friday, February 3rd. Stockholders of record on Friday, March 3rd will be paid a dividend of $0.14 per share on Monday, March 27th. This represents a $0.56 annualized dividend and a yield of 1.02%. The ex-dividend date is Thursday, March 2nd. This is a boost from the stock's previous quarterly dividend of $0.12. Read our dividend analysis for KNX. What ETFs hold Knight-Swift Transportation's stock? ETFs with the largest weight of Knight-Swift Transportation (NYSE:KNX) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), iShares Focused Value Factor ETF (FOVL), ProShares Supply Chain Logistics ETF (SUPL), SPDR S&P Transportation ETF (XTN), First Trust Dorsey Wright Momentum & Value ETF (DVLU), iShares U.S. Transportation ETF (IYT), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) and Direxion Daily Transportation Bull 3X Shares (TPOR). Is Knight-Swift Transportation a good dividend stock? Knight-Swift Transportation (NYSE:KNX) pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.01%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 11.86% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KNX. What guidance has Knight-Swift Transportation issued on next quarter's earnings? Knight-Swift Transportation issued an update on its FY23 earnings guidance on Thursday, January, 26th. The company provided EPS guidance of $4.05-4.25 for the period, compared to the consensus estimate of $4.14. What is David A. Jackson's approval rating as Knight-Swift Transportation's CEO? 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. 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 many different retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (3.53%), Morgan Stanley (3.12%), Dimensional Fund Advisors LP (2.58%), Deer Park Road Corp (0.00%), Geode Capital Management LLC (1.39%) and Norges Bank (1.07%). Insiders that own company 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. How do I buy shares of Knight-Swift Transportation? 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. Compare Top Brokerages Here. What is Knight-Swift Transportation's stock price today? One share of KNX stock can currently be purchased for approximately $55.17. How much money does Knight-Swift Transportation make? Knight-Swift Transportation (NYSE:KNX) has a market capitalization of $8.88 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. How many employees does Knight-Swift Transportation have? The company employs 28,500 workers across the globe. How can I contact Knight-Swift Transportation? 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. This page (NYSE:KNX) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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