Zacks Research Research Analysts Cut Earnings Estimates for Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Zacks Research decreased their FY2026 earnings estimates for Knight-Swift Transportation in a report issued on Tuesday, April 23rd. Zacks Research analyst S. Goswami now anticipates that the transportation company will post earnings per share of $5.44 for the year, down from their prior forecast of $5.86. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $1.31 per share.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data on Wednesday, January 24th. The transportation company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.38). The company had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.92 billion. Knight-Swift Transportation had a return on equity of 3.93% and a net margin of 3.04%.

Several other analysts have also commented on KNX. Loop Capital lowered shares of Knight-Swift Transportation from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $63.00 to $53.00 in a research report on Thursday, April 18th. JPMorgan Chase & Co. reduced their target price on shares of Knight-Swift Transportation from $62.00 to $60.00 and set a “neutral” rating for the company in a research note on Tuesday, April 9th. Stifel Nicolaus reduced their target price on shares of Knight-Swift Transportation from $60.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. Barclays reduced their target price on shares of Knight-Swift Transportation from $62.00 to $57.00 and set an “overweight” rating for the company in a research note on Thursday, April 18th. Finally, Stephens reduced their target price on shares of Knight-Swift Transportation from $65.00 to $60.00 and set an “overweight” rating for the company in a research note on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $57.77.

Knight-Swift Transportation Stock Performance

Shares of KNX stock opened at $48.50 on Wednesday. The firm has a market cap of $7.83 billion, a price-to-earnings ratio of 36.47, a P/E/G ratio of 2.46 and a beta of 0.99. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.94 and a current ratio of 0.94. Knight-Swift Transportation has a 52 week low of $45.73 and a 52 week high of $60.99. The firm’s 50-day simple moving average is $53.94 and its two-hundred day simple moving average is $54.22.

Hedge Funds Weigh In On Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Knight-Swift Transportation by 25.0% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 1,000 shares of the transportation company’s stock worth $50,000 after buying an additional 200 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Knight-Swift Transportation by 2.9% in the 4th quarter. Arkadios Wealth Advisors now owns 7,215 shares of the transportation company’s stock worth $416,000 after acquiring an additional 205 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of Knight-Swift Transportation by 2.8% in the 3rd quarter. Private Advisor Group LLC now owns 7,542 shares of the transportation company’s stock worth $378,000 after acquiring an additional 207 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Knight-Swift Transportation by 0.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 40,074 shares of the transportation company’s stock worth $2,310,000 after acquiring an additional 209 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its holdings in shares of Knight-Swift Transportation by 0.3% in the 4th quarter. Yousif Capital Management LLC now owns 77,858 shares of the transportation company’s stock worth $4,489,000 after acquiring an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Insiders Place Their Bets

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $56.24, for a total value of $112,480.00. Following the completion of the transaction, the chief accounting officer now owns 5,118 shares of the company’s stock, valued at approximately $287,836.32. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.00% of the company’s stock.

Knight-Swift Transportation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.64 annualized dividend and a yield of 1.32%. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.14. Knight-Swift Transportation’s payout ratio is currently 48.12%.

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.