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.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on UNP shares. Barclays lowered their price objective on shares of Union Pacific from $290.00 to $255.00 and set an "overweight" rating for the company in a research report on Tuesday, June 21st. Citigroup downgraded shares of Union Pacific from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $287.00 to $235.00 in a report on Thursday, May 19th. The Goldman Sachs Group increased their price target on shares of Union Pacific from $271.00 to $276.00 in a research note on Thursday, April 21st. Evercore ISI lowered their price objective on shares of Union Pacific from $245.00 to $236.00 and set an "in-line" rating on the stock in a research note on Tuesday, July 12th. Finally, UBS Group cut Union Pacific from a "buy" rating to a "neutral" rating and cut their price objective for the company from $283.00 to $267.00 in a research report on Friday, April 22nd. Twelve investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of "Hold" and an average price target of $248.36.
Union Pacific Stock Up 0.7 %
NYSE:UNP traded up $1.53 on Monday, hitting $230.15. The stock had a trading volume of 19,653 shares, compared to its average volume of 3,263,306. The company has a market cap of $143.72 billion, a PE ratio of 21.31, a P/E/G 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 business's fifty day moving average is $215.49 and its 200 day moving average is $234.82. 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 announced its earnings results on Thursday, July 21st. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. Union Pacific had a return on equity of 52.00% and a net margin of 29.23%. The company had revenue of $6.27 billion for the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the previous year, the firm earned $2.72 earnings per share. Union Pacific's quarterly revenue was up 13.9% on a year-over-year basis. On average, equities research analysts expect that Union Pacific will post 11.58 EPS for the current fiscal year.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, August 31st will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $5.20 annualized dividend and a yield of 2.26%. Union Pacific's payout ratio is currently 48.46%.