Union Pacific (UNP) Set to Announce Earnings on Thursday

Union Pacific (NYSE:UNPGet Rating) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 21st. Analysts expect Union Pacific to post earnings of $2.50 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Union Pacific (NYSE:UNPGet Rating) last posted its quarterly earnings data on Thursday, January 20th. The railroad operator reported $2.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.60 by $0.06. Union Pacific had a net margin of 29.92% and a return on equity of 44.50%. The business had revenue of $5.73 billion during the quarter, compared to analyst estimates of $5.61 billion. During the same quarter last year, the firm posted $2.36 earnings per share. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. On average, analysts expect Union Pacific to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

NYSE UNP opened at $244.63 on Thursday. The firm has a 50 day simple moving average of $254.48 and a 200-day simple moving average of $243.75. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.51 and a current ratio of 0.62. Union Pacific has a one year low of $195.68 and a one year high of $278.94. The firm has a market cap of $153.72 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 2.09 and a beta of 1.18.

Union Pacific declared that its Board of Directors has initiated a share repurchase program on Thursday, February 3rd that permits the company to repurchase 100,000,000 shares. This repurchase authorization permits the railroad operator to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Monday, February 28th were paid a $1.18 dividend. This represents a $4.72 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend was Friday, February 25th. Union Pacific’s payout ratio is 47.44%.

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Union Pacific from $267.00 to $276.00 and gave the stock an “overweight” rating in a research note on Friday, April 8th. Citigroup lifted their price target on shares of Union Pacific from $245.00 to $287.00 in a research note on Wednesday, January 5th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Union Pacific from $270.00 to $260.00 and set a “buy” rating for the company in a research note on Monday, January 24th. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and set a $268.00 price target for the company. in a research note on Wednesday, March 9th. Finally, Wells Fargo & Company lifted their price target on shares of Union Pacific from $249.00 to $276.00 and gave the stock an “equal weight” rating in a research note on Monday, January 10th. Seven equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $265.73.

Several institutional investors have recently made changes to their positions in the company. Morgan Stanley increased its stake in Union Pacific by 0.6% in the 2nd quarter. Morgan Stanley now owns 5,149,414 shares of the railroad operator’s stock valued at $1,132,511,000 after buying an additional 32,190 shares during the period. Comerica Bank increased its stake in Union Pacific by 82.9% in the 3rd quarter. Comerica Bank now owns 304,434 shares of the railroad operator’s stock valued at $70,030,000 after buying an additional 137,955 shares during the period. Heritage Wealth Advisors increased its stake in Union Pacific by 7.9% in the 4th quarter. Heritage Wealth Advisors now owns 91,776 shares of the railroad operator’s stock valued at $23,121,000 after buying an additional 6,732 shares during the period. Toroso Investments LLC increased its stake in Union Pacific by 42.9% in the 4th quarter. Toroso Investments LLC now owns 15,650 shares of the railroad operator’s stock valued at $3,943,000 after buying an additional 4,702 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in Union Pacific by 2.4% in the 4th quarter. Integrated Wealth Concepts LLC now owns 10,505 shares of the railroad operator’s stock valued at $2,646,000 after buying an additional 250 shares during the period. 77.85% of the stock is currently owned by institutional investors and hedge funds.

About Union Pacific (Get Rating)

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.

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Earnings History for Union Pacific (NYSE:UNP)

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