Equities research analysts expect Union Pacific Co. (NYSE:UNP) to post sales of $5.56 billion for the current quarter, according to Zacks. Seven analysts have issued estimates for Union Pacific’s earnings, with estimates ranging from $5.44 billion to $5.63 billion. Union Pacific reported sales of $5.25 billion in the same quarter last year, which indicates a positive year over year growth rate of 5.9%. The business is expected to announce its next earnings results before the market opens on Thursday, July 19th.
On average, analysts expect that Union Pacific will report full year sales of $22.46 billion for the current year, with estimates ranging from $22.06 billion to $22.61 billion. For the next year, analysts forecast that the business will post sales of $23.45 billion per share, with estimates ranging from $22.66 billion to $23.97 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for Union Pacific.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 26th. The railroad operator reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.02. The business had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.39 billion. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.32 earnings per share.
A number of research firms have recently commented on UNP. Morgan Stanley upped their target price on Union Pacific from $125.00 to $136.00 and gave the company an “equal weight” rating in a research note on Friday, June 1st. Cowen reaffirmed a “market perform” rating and set a $153.00 target price (up previously from $140.00) on shares of Union Pacific in a research note on Friday, June 1st. Robert W. Baird upped their target price on Union Pacific from $144.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday. TD Securities cut their target price on Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, April 27th. Finally, Loop Capital increased their price objective on Union Pacific to $153.00 and gave the stock a “hold” rating in a research note on Friday, June 1st. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $146.70.
In related news, EVP Elizabeth F. Whited sold 15,576 shares of the firm’s stock in a transaction that occurred on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the sale, the executive vice president now owns 65,613 shares in the company, valued at $8,778,363.27. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the sale, the chief financial officer now owns 106,518 shares in the company, valued at approximately $14,634,508.02. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
Several hedge funds have recently modified their holdings of the company. Summit Trail Advisors LLC grew its holdings in Union Pacific by 11.5% during the 1st quarter. Summit Trail Advisors LLC now owns 3,504 shares of the railroad operator’s stock valued at $478,000 after purchasing an additional 360 shares in the last quarter. Palo Capital Inc. boosted its holdings in shares of Union Pacific by 5.9% in the 4th quarter. Palo Capital Inc. now owns 6,919 shares of the railroad operator’s stock valued at $928,000 after buying an additional 384 shares during the period. Nicollet Investment Management Inc. lifted its position in Union Pacific by 3.0% in the 1st quarter. Nicollet Investment Management Inc. now owns 13,450 shares of the railroad operator’s stock valued at $1,808,000 after purchasing an additional 390 shares during the last quarter. Windward Capital Management Co. CA lifted its position in Union Pacific by 10.7% in the 4th quarter. Windward Capital Management Co. CA now owns 4,068 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 393 shares during the last quarter. Finally, Cedar Hill Associates LLC lifted its position in Union Pacific by 22.0% in the 1st quarter. Cedar Hill Associates LLC now owns 2,221 shares of the railroad operator’s stock valued at $299,000 after purchasing an additional 400 shares during the last quarter. 78.98% of the stock is currently owned by institutional investors and hedge funds.
Shares of Union Pacific traded down $0.15, reaching $142.21, during mid-day trading on Monday, according to MarketBeat. 207,552 shares of the company’s stock traded hands, compared to its average volume of 3,265,530. The stock has a market cap of $109.71 billion, a price-to-earnings ratio of 24.58, a P/E/G ratio of 1.75 and a beta of 0.80. Union Pacific has a 12 month low of $101.06 and a 12 month high of $148.03. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.65 and a current ratio of 0.82.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be issued a dividend of $0.73 per share. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $2.92 annualized dividend and a yield of 2.05%. Union Pacific’s dividend payout ratio is currently 50.43%.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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