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

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KNX shares.
View KNX analyst ratings or view top-rated stocks.

13 Wall Street research analysts have issued twelve-month target prices for Knight-Swift Transportation's shares. Their KNX share price targets range from $50.00 to $75.00. On average, they expect the company's stock price to reach $57.77 in the next year. This suggests a possible upside of 20.7% from the stock's current price.
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Knight-Swift Transportation's stock was trading at $57.65 on January 1st, 2024. Since then, KNX shares have decreased by 16.9% and is now trading at $47.88.
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Knight-Swift Transportation saw a increase in short interest in 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 short-interest ratio is presently 1.8 days. Currently, 2.3% of the shares of the company 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.
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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) posted its earnings results on Wednesday, January, 24th. The transportation company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.38. The transportation company earned $1.93 billion during the quarter, compared to the consensus estimate 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 given a dividend of $0.16 per share on Monday, March 25th. This represents a $0.64 annualized dividend and a yield of 1.34%. The ex-dividend date 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 1.32%. 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 First Trust Mid Cap Value AlphaDEX Fund (FNK).

Knight-Swift Transportation issued an update on its second quarter earnings guidance on Wednesday, April, 17th. The company provided earnings per share (EPS) guidance of $0.26-0.30 for the period, compared to the consensus earnings per share 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 retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.09%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), Norris Perne & French LLP MI (0.21%), Aviance Capital Partners LLC (0.06%), State of Michigan Retirement System (0.03%) and Banque Cantonale Vaudoise (0.02%). 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.
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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.
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