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GE   156.99 (+0.85%)
CGC   7.89 (+21.57%)
DIS   114.02 (+0.96%)
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PFE   25.35 (-0.28%)
PYPL   62.95 (-0.49%)
XOM   119.06 (+0.36%)
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BABA   69.60 (+1.13%)
T   16.17 (+0.31%)
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MU   115.47 (-0.74%)
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NYSE:KNX

Knight-Swift Transportation (KNX) Stock Price, News & Analysis

$48.54
+0.01 (+0.02%)
(As of 11:22 AM ET)
Today's Range
$47.81
$48.79
50-Day Range
$48.58
$60.24
52-Week Range
$45.73
$60.99
Volume
1.34 million shs
Average Volume
2.06 million shs
Market Capitalization
$7.84 billion
P/E Ratio
36.50
Dividend Yield
1.32%
Price Target
$62.75

Knight-Swift Transportation MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
29.2% Upside
$62.75 Price Target
Short Interest
Healthy
2.32% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.28mentions of Knight-Swift Transportation in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$112,480 Sold Last Quarter
Proj. Earnings Growth
73.04%
From $2.30 to $3.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Transportation Sector

53rd out of 111 stocks

Trucking, Except Local Industry

9th out of 12 stocks

KNX stock logo

About Knight-Swift Transportation Stock (NYSE:KNX)

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. This segment operated an average of 20,948 tractors, which comprised 18,821 company tractors and 2,127 independent contractor tractors, as well as 87,865 trailers. The LTL segment provides regional LTL transportation services through a network of approximately 120 service centers; and offers national coverage through partner carrier outside the network. This segment operated an average of 3,201 tractors and 8,482 trailers. The Logistic segment offers brokerage and other freight management services through third-party transportation providers and equipment. The Intermodal segment offers transportation services, including freight through third-party intermodal rail services on trailing equipment, such as containers and trailers on flat cars; and drayage services. This segment operated an average of 639 tractors and 12,730 intermodal containers. The company also provides repair and maintenance shop, equipment leasing, warranty, and insurance services; and warehousing and driving academy services, as well as manufactures trailer parts. It serves retail, food and beverage, consumer and paper products, transportation and logistics, housing, and building, automotive, and manufacturing industries. Knight-Swift Transportation Holdings Inc. was incorporated in 1989 and is headquartered in Phoenix, Arizona.

KNX Stock Price History

KNX Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
What Forced Knight-Swift To Cut Q1, Q2 Earnings Outlook Below View?
Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
25 Biggest Trucking Companies in the US
KNX Crosses Below Key Moving Average Level
KNX Apr 2024 60.000 call
The Top 7 Transportation Stocks to Buy in March 2024
Knight-Swift President and CEO David Jackson steps down
Knight-Swift Promotes CFO Adam Miller As CEO
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Ex-Dividend for 3/25 Dividend
3/07/2024
Dividend Payable
3/25/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
CUSIP
49906410
Employees
34,800
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$62.75
High Stock Price Target
$75.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+29.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Net Income
$217.15 million
Pretax Margin
3.78%

Debt

Sales & Book Value

Annual Sales
$7.14 billion
Cash Flow
$6.01 per share
Book Value
$44.02 per share

Miscellaneous

Free Float
156,649,000
Market Cap
$7.85 billion
Optionable
Optionable
Beta
0.99
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KNX Stock Analysis - Frequently Asked Questions

Should I buy or sell Knight-Swift Transportation stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KNX shares.
View KNX analyst ratings
or view top-rated stocks.

What is Knight-Swift Transportation's stock price target for 2024?

12 Wall Street analysts have issued 12-month target prices for Knight-Swift Transportation's shares. Their KNX share price targets range from $52.00 to $75.00. On average, they expect the company's share price to reach $62.75 in the next year. This suggests a possible upside of 29.2% from the stock's current price.
View analysts price targets for KNX
or view top-rated stocks among Wall Street analysts.

How have KNX shares performed in 2024?

Knight-Swift Transportation's stock was trading at $57.65 at the start of the year. Since then, KNX shares have decreased by 15.7% and is now trading at $48.58.
View the best growth stocks for 2024 here
.

Are investors shorting Knight-Swift Transportation?

Knight-Swift Transportation saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,630,000 shares, an increase of 16.0% from the March 15th total of 3,130,000 shares. Based on an average daily volume of 1,980,000 shares, the short-interest ratio is currently 1.8 days. Currently, 2.3% of the company's shares are sold short.
View Knight-Swift Transportation's Short Interest
.

When is Knight-Swift Transportation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our KNX earnings forecast
.

How can I listen to Knight-Swift Transportation's earnings call?

Knight-Swift Transportation will be holding an earnings conference call on Wednesday, April 24th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Knight-Swift Transportation's earnings last quarter?

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) released its quarterly earnings data on Wednesday, January, 24th. The transportation company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by $0.38. The transportation company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.92 billion. Knight-Swift Transportation had a net margin of 3.04% and a trailing twelve-month return on equity of 3.93%.

How often does Knight-Swift Transportation pay dividends? What is the dividend yield for Knight-Swift Transportation?

Knight-Swift Transportation declared a quarterly dividend on Friday, February 2nd. Stockholders of record on Friday, March 8th will be given a dividend of $0.16 per share on Monday, March 25th. This represents a $0.64 annualized dividend and a yield of 1.32%. The ex-dividend date is Thursday, March 7th. This is an increase from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for KNX
.

Is Knight-Swift Transportation a good dividend stock?

Knight-Swift Transportation (NYSE:KNX) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.26%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 48.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNX will have a dividend payout ratio of 16.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KNX.

What guidance has Knight-Swift Transportation issued on next quarter's earnings?

Knight-Swift Transportation issued an update on its second quarter earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of $0.26-0.30 for the period, compared to the consensus estimate of $0.48.

What is David A. Jackson's approval rating as Knight-Swift Transportation's CEO?

138 employees have rated Knight-Swift Transportation Chief Executive Officer David A. Jackson on Glassdoor.com. David A. Jackson has an approval rating of 71% among the company's employees.

What other stocks do shareholders of Knight-Swift Transportation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Knight-Swift Transportation investors own include NVIDIA (NVDA), CVS Health (CVS), Advanced Micro Devices (AMD), AbbVie (ABBV), Cisco Systems (CSCO), Walt Disney (DIS), AT&T (T), Visa (V), Bank of America (BAC) and Home Depot (HD).

Who are Knight-Swift Transportation's major shareholders?

Knight-Swift Transportation's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Norris Perne & French LLP MI (0.21%), Aviance Capital Partners LLC (0.06%), Banque Cantonale Vaudoise (0.02%), Polianta Ltd (0.01%), GAMMA Investing LLC (0.00%) and Rise Advisors LLC (0.00%). Insiders that own company stock include Cary M Flanagan, Dustin Ohlman, Gary J Knight, James E Jr Updike, James L Fitzsimmons, Kevin P Knight, Kevin P Knight, Michael Garnreiter, Michael K Liu, Michael K Liu and Timothy Sean Harrington.
View institutional ownership trends
.

How do I buy shares of Knight-Swift Transportation?

Shares of KNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:KNX) was last updated on 4/18/2024 by MarketBeat.com Staff

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