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 0.3 %
Shares of NYSE:UNP opened at $228.49 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 2.33. The company's 50-day moving average price is $215.77 and its 200 day moving average price is $234.65. The company has a market cap of $142.69 billion, a PE ratio of 21.29, a P/E/G ratio of 1.97 and a beta of 1.15. Union Pacific has a fifty-two week low of $195.68 and a fifty-two week high of $278.94.
Union Pacific (NYSE:UNP - Get Rating) last announced its quarterly earnings results on Thursday, July 21st. The railroad operator reported $2.93 EPS for the quarter, meeting the consensus estimate of $2.93. Union Pacific had a net margin of 29.23% and a return on equity of 52.00%. The company had revenue of $6.27 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the business earned $2.72 earnings per share. Union Pacific's revenue was up 13.9% compared to the same quarter last year. Sell-side analysts anticipate that Union Pacific will post 11.58 earnings per share for the current year.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders 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 dividend on an annualized basis and a yield of 2.28%. Union Pacific's dividend payout ratio (DPR) is presently 48.46%.
Analysts Set New Price Targets
Several research firms have recently commented on UNP. Stifel Nicolaus reduced their target price on Union Pacific from $254.00 to $225.00 in a research note on Friday, July 15th. StockNews.com lowered shares of Union Pacific from a "buy" rating to a "hold" rating in a report on Saturday. The Goldman Sachs Group upped their target price on shares of Union Pacific from $271.00 to $276.00 in a research note on Thursday, April 21st. Deutsche Bank Aktiengesellschaft decreased their price target on Union Pacific from $260.00 to $232.00 in a research note on Friday, July 22nd. Finally, Susquehanna cut Union Pacific from a "positive" rating to a "neutral" rating and set a $235.00 price objective on the stock. in a research note on Wednesday, July 6th. They noted that the move was a valuation call. Twelve equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $248.36.