Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers. As of December 31, 2021, its rail network included 32,452 route miles connecting Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. The company was founded in 1862 and is headquartered in Omaha, Nebraska.
Union Pacific Trading Up 1.5 %
Union Pacific stock opened at $239.25 on Friday. The firm has a 50-day moving average price of $216.06 and a two-hundred day moving average price of $234.66. The firm has a market capitalization of $149.41 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 1.97 and a beta of 1.15. Union Pacific has a 52-week low of $195.68 and a 52-week high of $278.94. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 2.33.
Union Pacific (NYSE:UNP - Get Rating) last issued its quarterly earnings results on Thursday, July 21st. The railroad operator reported $2.93 earnings per share for the quarter, hitting analysts' consensus estimates of $2.93. The company had revenue of $6.27 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 29.23% and a return on equity of 52.00%. The business's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.72 EPS. Sell-side analysts expect that Union Pacific will post 11.58 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Wednesday, August 31st will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date is Tuesday, August 30th. Union Pacific's dividend payout ratio is currently 48.46%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the stock. Citigroup downgraded shares of Union Pacific from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $287.00 to $235.00 in a research report on Thursday, May 19th. Susquehanna downgraded shares of Union Pacific from a "positive" rating to a "neutral" rating and set a $235.00 target price for the company. in a research report on Wednesday, July 6th. They noted that the move was a valuation call. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Union Pacific from $260.00 to $232.00 in a research report on Friday, July 22nd. Susquehanna Bancshares boosted their price objective on shares of Union Pacific from $235.00 to $240.00 and gave the company a "neutral" rating in a research report on Friday, July 22nd. Finally, JPMorgan Chase & Co. downgraded shares of Union Pacific from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $272.00 to $232.00 in a research report on Tuesday, July 12th. Twelve analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific currently has an average rating of "Hold" and an average target price of $248.36.