Knight-Swift Transportation (KNX) Projected to Post Quarterly Earnings on Wednesday

Knight-Swift Transportation (NYSE:KNX) is projected to announce its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.31 per share and revenue of $1.83 billion for the quarter. Knight-Swift Transportation has set its Q2 2025 guidance at 0.460-0.500 EPS and its Q1 2025 guidance at 0.290-0.330 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, January 22nd. The transportation company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Knight-Swift Transportation had a return on equity of 2.43% and a net margin of 1.59%. On average, analysts expect Knight-Swift Transportation to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Knight-Swift Transportation Stock Performance

Shares of Knight-Swift Transportation stock opened at $39.37 on Monday. The firm has a market capitalization of $6.38 billion, a P/E ratio of 53.93 and a beta of 1.16. Knight-Swift Transportation has a 52 week low of $36.69 and a 52 week high of $61.51. The company has a quick ratio of 1.01, a current ratio of 0.85 and a debt-to-equity ratio of 0.30. The company has a 50 day moving average price of $45.90 and a 200 day moving average price of $51.72.

Knight-Swift Transportation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 7th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.83%. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, March 7th. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 98.63%.

Insiders Place Their Bets

In related news, Director Douglas L. Col acquired 5,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of $45.37 per share, with a total value of $226,850.00. Following the completion of the transaction, the director now owns 5,000 shares of the company’s stock, valued at $226,850. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on KNX shares. Wells Fargo & Company cut their price target on shares of Knight-Swift Transportation from $65.00 to $55.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Susquehanna reduced their target price on shares of Knight-Swift Transportation from $67.00 to $54.00 and set a “positive” rating for the company in a report on Wednesday, March 26th. StockNews.com raised shares of Knight-Swift Transportation from a “sell” rating to a “hold” rating in a report on Thursday, January 23rd. The Goldman Sachs Group reduced their price objective on Knight-Swift Transportation from $55.00 to $45.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Finally, Barclays lowered their target price on Knight-Swift Transportation from $68.00 to $62.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 2nd. Seven equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $55.93.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.