Analysts expect that Union Pacific Co. (NYSE:UNP – Get Rating) will post $6.21 billion in sales for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Union Pacific’s earnings, with the lowest sales estimate coming in at $6.07 billion and the highest estimate coming in at $6.36 billion. Union Pacific reported sales of $5.50 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 12.9%. The company is scheduled to report its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that Union Pacific will report full-year sales of $24.56 billion for the current year, with estimates ranging from $23.96 billion to $24.82 billion. For the next year, analysts expect that the company will report sales of $25.57 billion, with estimates ranging from $24.65 billion to $26.35 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Union Pacific.
Union Pacific (NYSE:UNP – Get Rating) last posted its quarterly earnings results on Thursday, April 21st. The railroad operator reported $2.57 earnings per share for the quarter, topping analysts’ consensus estimates of $2.55 by $0.02. Union Pacific had a return on equity of 50.20% and a net margin of 30.06%. The company had revenue of $5.86 billion during the quarter, compared to the consensus estimate of $5.76 billion. During the same period last year, the business earned $2.00 EPS. The business’s quarterly revenue was up 17.2% on a year-over-year basis.
In related news, EVP Kenyatta G. Rocker sold 4,018 shares of the firm’s stock in a transaction that occurred on Thursday, April 21st. The stock was sold at an average price of $250.00, for a total transaction of $1,004,500.00. Following the completion of the transaction, the executive vice president now owns 41,177 shares in the company, valued at approximately $10,294,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.28% of the stock is currently owned by company insiders.
Several institutional investors have recently bought and sold shares of UNP. Morgan Stanley raised its position 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 purchasing an additional 32,190 shares during the last quarter. Center for Financial Planning Inc. raised its position in Union Pacific by 2.7% in the 3rd quarter. Center for Financial Planning Inc. now owns 5,351 shares of the railroad operator’s stock valued at $1,049,000 after purchasing an additional 143 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Union Pacific in the 3rd quarter valued at $38,383,000. Fortis Advisors LLC bought a new position in Union Pacific in the 3rd quarter valued at $260,000. Finally, The Manufacturers Life Insurance Company raised its position in Union Pacific by 8.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,779,664 shares of the railroad operator’s stock valued at $429,611,000 after purchasing an additional 137,226 shares during the last quarter. Institutional investors and hedge funds own 80.26% of the company’s stock.
UNP opened at $222.50 on Thursday. Union Pacific has a fifty-two week low of $195.68 and a fifty-two week high of $278.94. The business has a 50-day moving average of $241.22 and a 200-day moving average of $245.22. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.71 and a quick ratio of 0.58. The company has a market capitalization of $139.74 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 1.91 and a beta of 1.21.
Union Pacific announced that its Board of Directors has authorized a stock buyback program on Thursday, February 3rd that permits the company to buyback 100,000,000 outstanding shares. This buyback authorization permits the railroad operator to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Tuesday, May 31st will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend is Friday, May 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.18. Union Pacific’s dividend payout ratio (DPR) is presently 44.87%.
Union Pacific Company Profile (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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