Knight-Swift Transportation (KNX) to Release Earnings on Wednesday

Knight-Swift Transportation (NYSE:KNX) is expected to be announcing its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.31 per share and revenue of $1.83 billion for the quarter. Knight-Swift Transportation has set its Q2 2025 guidance at 0.460-0.500 EPS and its Q1 2025 guidance at 0.290-0.330 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, January 22nd. The transportation company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. Knight-Swift Transportation had a return on equity of 2.43% and a net margin of 1.59%. On average, analysts expect Knight-Swift Transportation to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Knight-Swift Transportation Price Performance

Shares of KNX opened at $39.53 on Wednesday. The business has a 50-day moving average of $46.82 and a 200-day moving average of $52.01. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.85 and a quick ratio of 1.01. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 54.15 and a beta of 1.16. Knight-Swift Transportation has a 1 year low of $36.69 and a 1 year high of $61.51.

Knight-Swift Transportation Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 7th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend was Friday, March 7th. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.16. Knight-Swift Transportation’s dividend payout ratio is currently 98.63%.

Insider Activity at Knight-Swift Transportation

In other Knight-Swift Transportation news, Director Douglas L. Col acquired 5,000 shares of Knight-Swift Transportation stock in a transaction on Thursday, March 13th. The stock was purchased at an average price of $45.37 per share, for a total transaction of $226,850.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at $226,850. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on KNX shares. Citigroup upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $53.00 to $48.00 in a research report on Tuesday, April 8th. The Goldman Sachs Group decreased their price target on Knight-Swift Transportation from $55.00 to $45.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Barclays dropped their price objective on Knight-Swift Transportation from $68.00 to $62.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 2nd. Raymond James decreased their target price on Knight-Swift Transportation from $66.00 to $55.00 and set a “strong-buy” rating for the company in a research note on Friday, April 11th. Finally, Bank of America lowered Knight-Swift Transportation from a “buy” rating to a “neutral” rating and dropped their price target for the company from $66.00 to $46.00 in a research note on Tuesday, April 1st. Eight analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Knight-Swift Transportation has an average rating of “Moderate Buy” and a consensus target price of $56.00.

Knight-Swift Transportation Company Profile

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.