Equities Analysts Offer Predictions for KNX Q3 Earnings

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Equities researchers at Zacks Research reduced their Q3 2027 earnings per share estimates for shares of Knight-Swift Transportation in a note issued to investors on Wednesday, August 5th. Zacks Research analyst Team now expects that the transportation company will post earnings of $0.77 per share for the quarter, down from their previous forecast of $1.00. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $2.42 per share. Zacks Research also issued estimates for Knight-Swift Transportation’s FY2027 earnings at $2.65 EPS and Q1 2028 earnings at $0.34 EPS.

Several other equities analysts also recently issued reports on KNX. Raymond James Financial upped their price objective on shares of Knight-Swift Transportation from $76.00 to $91.00 and gave the company a “strong-buy” rating in a report on Thursday, July 2nd. Wells Fargo & Company lifted their target price on shares of Knight-Swift Transportation from $65.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Robert W. Baird boosted their target price on shares of Knight-Swift Transportation from $62.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Barclays upped their price target on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Finally, UBS Group raised their price target on shares of Knight-Swift Transportation from $79.00 to $94.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $84.44.

Knight-Swift Transportation Price Performance

Shares of NYSE KNX opened at $69.26 on Friday. Knight-Swift Transportation has a fifty-two week low of $38.63 and a fifty-two week high of $82.86. The company has a market cap of $11.25 billion, a PE ratio of 266.40, a P/E/G ratio of 0.60 and a beta of 1.18. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.88. The business has a 50-day simple moving average of $75.39 and a two-hundred day simple moving average of $65.91.

Knight-Swift Transportation (NYSE:KNX) last announced its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.12. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same period in the prior year, the company posted $0.21 EPS. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS.

Institutional Trading of Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP raised its holdings in shares of Knight-Swift Transportation by 23.6% during the fourth quarter. Wellington Management Group LLP now owns 12,918,523 shares of the transportation company’s stock worth $675,380,000 after purchasing an additional 2,468,293 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Knight-Swift Transportation by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company’s stock valued at $486,995,000 after purchasing an additional 60,750 shares during the last quarter. Ensign Peak Advisors Inc boosted its holdings in Knight-Swift Transportation by 50.4% in the fourth quarter. Ensign Peak Advisors Inc now owns 2,939,212 shares of the transportation company’s stock valued at $153,662,000 after purchasing an additional 984,422 shares during the last quarter. UBS Group AG grew its position in Knight-Swift Transportation by 44.3% during the 4th quarter. UBS Group AG now owns 2,430,896 shares of the transportation company’s stock worth $127,087,000 after purchasing an additional 745,787 shares during the period. Finally, Invesco Ltd. grew its position in Knight-Swift Transportation by 513.6% during the 4th quarter. Invesco Ltd. now owns 2,416,865 shares of the transportation company’s stock worth $126,354,000 after purchasing an additional 2,022,996 shares during the period. Institutional investors and hedge funds own 88.77% of the company’s stock.

Insider Buying and Selling

In related news, Director Reid Dove sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $70.25, for a total value of $3,512,500.00. Following the sale, the director owned 169,154 shares in the company, valued at $11,883,068.50. This represents a 22.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Cary M. Flanagan sold 3,600 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $70.82, for a total transaction of $254,952.00. Following the completion of the transaction, the chief accounting officer owned 5,405 shares in the company, valued at approximately $382,782.10. This trade represents a 39.98% decrease in their position. The SEC filing for this sale provides additional information. 2.90% of the stock is owned by corporate insiders.

Knight-Swift Transportation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Investors of record on Friday, September 4th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Knight-Swift Transportation’s payout ratio is 307.69%.

Knight-Swift Transportation News Roundup

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: The board declared a quarterly cash dividend of $0.20 per share, payable September 21 to shareholders of record on September 4. The dividend implies approximately $0.80 in annual payments and a yield of about 1.2%, providing ongoing income support for investors. Knight Transportation Declares Quarterly Cash Dividend for Shareholders
• Neutral Sentiment: Zacks Research maintained a Hold rating on KNX. Its full-year current earnings consensus remains $2.42 per share, suggesting analysts are not broadly changing their rating despite weaker forecasts for several future periods. Knight-Swift Transportation stock information
• Negative Sentiment: Zacks Research reduced its EPS estimates across multiple periods: Q3 2026 to $0.53 from $0.57, Q4 2026 to $0.56 from $0.71, Q2 2027 to $0.60 from $0.73, Q4 2027 to $0.79 from $0.98, Q2 2028 to $0.83 from $0.89, and fiscal 2028 to $3.99 from $4.27. The repeated downward revisions point to more cautious expectations for Knight-Swift’s profitability and are likely the primary source of downward pressure on the shares.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.