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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last year. There are currently 5 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.

13 brokerages have issued 1 year target prices for Knight-Swift Transportation's shares. Their KNX share price targets range from $50.00 to $75.00. On average, they predict the company's share price to reach $57.77 in the next year. This suggests a possible upside of 20.7% from the stock's current price.
View analysts price targets for KNX or view top-rated stocks among Wall Street analysts.

Knight-Swift Transportation's stock was trading at $57.65 at the start of the year. Since then, KNX stock has decreased by 16.9% and is now trading at $47.88.
View the best growth stocks for 2024 here.

Knight-Swift Transportation saw a increase in short interest during the month of 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 trading volume, of 1,980,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.3% of the company's stock are short sold.
View Knight-Swift Transportation's Short Interest.

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

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.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) announced its quarterly earnings results on Wednesday, January, 24th. The transportation company reported $0.09 EPS 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 analyst estimates of $1.92 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 3.93% and a net margin of 3.04%.

Knight-Swift Transportation announced a quarterly dividend on Friday, February 2nd. Stockholders of record on Friday, March 8th will be paid a dividend of $0.16 per share on Monday, March 25th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for KNX.

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.

ETFs with the largest weight of Knight-Swift Transportation (NYSE:KNX) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), ProShares Supply Chain Logistics ETF (SUPL), SPDR S&P Transportation ETF (XTN), First Trust Nasdaq Transportation ETF (FTXR), iShares U.S. Transportation ETF (IYT), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), Direxion Daily Transportation Bull 3X Shares (TPOR) and Distillate Small/Mid Cash Flow ETF (DSMC).

Knight-Swift Transportation updated 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.

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.

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).

Knight-Swift Transportation's stock is owned by a variety of institutional and retail investors. Top institutional investors include Norris Perne & French LLP MI (0.21%), Aviance Capital Partners LLC (0.06%), Banque Cantonale Vaudoise (0.02%), Polianta Ltd (0.01%), Oak Thistle LLC (0.00%) and GAMMA Investing 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.

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.