Knight-Swift Transportation (KNX) Projected to Post Earnings on Wednesday

Knight-Swift Transportation (NYSE:KNXGet Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, April 23rd. Analysts expect Knight-Swift Transportation to post 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.

Knight-Swift Transportation (NYSE:KNXGet Free Report) last posted its earnings results on Wednesday, January 22nd. The transportation company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Knight-Swift Transportation had a net margin of 1.59% and a return on equity of 2.43%. 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 NYSE:KNX opened at $38.61 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.01 and a current ratio of 0.85. Knight-Swift Transportation has a 52 week low of $36.69 and a 52 week high of $61.51. The firm has a market cap of $6.25 billion, a PE ratio of 52.89 and a beta of 1.16. The firm’s fifty day moving average is $45.59 and its 200-day moving average is $51.64.

Knight-Swift Transportation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 7th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, March 7th. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a yield of 1.86%. Knight-Swift Transportation’s payout ratio is presently 98.63%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on KNX shares. Benchmark restated a “buy” rating and set a $63.00 price objective on shares of Knight-Swift Transportation in a research report on Monday, April 14th. The Goldman Sachs Group lowered their price target on shares of Knight-Swift Transportation from $55.00 to $45.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Susquehanna reduced their price objective on shares of Knight-Swift Transportation from $67.00 to $54.00 and set a “positive” rating on the stock in a research note on Wednesday, March 26th. TD Cowen lifted their target price on shares of Knight-Swift Transportation from $62.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Finally, Raymond James cut their price target on shares of Knight-Swift Transportation from $66.00 to $55.00 and set a “strong-buy” rating on the stock in a research report on Friday, April 11th. Seven equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.93.

View Our Latest Research Report on KNX

Insider Activity

In other Knight-Swift Transportation news, Director Douglas L. Col acquired 5,000 shares of Knight-Swift Transportation stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of $45.37 per share, for a total transaction of $226,850.00. Following the completion of the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at $226,850. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.00% of the company’s stock.

About Knight-Swift Transportation

(Get Free Report)

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.

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Earnings History for Knight-Swift Transportation (NYSE:KNX)

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