Analysts Expect Union Pacific Co. (UNP) to Post $2.00 Earnings Per Share
Equities analysts expect Union Pacific Co. (NYSE:UNP) to announce earnings per share (EPS) of $2.00 for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Union Pacific’s earnings. The lowest EPS estimate is $1.93 and the highest is $2.06. Union Pacific reported earnings per share of $1.68 in the same quarter last year, which would indicate a positive year-over-year growth rate of 19%. The company is expected to announce its next earnings report on Thursday, April 25th.
According to Zacks, analysts expect that Union Pacific will report full-year earnings of $9.05 per share for the current year, with EPS estimates ranging from $8.86 to $9.25. For the next fiscal year, analysts expect that the company will post earnings of $10.18 per share, with EPS estimates ranging from $9.50 to $10.50. Zacks’ earnings per share averages are an average based on a survey of analysts that cover Union Pacific.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 24th. The railroad operator reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.06. The firm had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.73 billion. Union Pacific had a return on equity of 27.95% and a net margin of 26.13%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.53 EPS.
NYSE:UNP traded down $1.66 during trading on Thursday, reaching $165.17. The company’s stock had a trading volume of 3,528,545 shares, compared to its average volume of 4,362,616. The company has a market capitalization of $119.15 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 1.70 and a beta of 1.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.90 and a quick ratio of 0.74. Union Pacific has a 12 month low of $126.37 and a 12 month high of $172.44.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Thursday, February 28th will be paid a dividend of $0.88 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.80. The ex-dividend date is Wednesday, February 27th. This represents a $3.52 annualized dividend and a dividend yield of 2.13%. Union Pacific’s dividend payout ratio is presently 44.50%.
Union Pacific declared that its board has authorized a stock repurchase program on Thursday, February 7th that permits the company to buyback 150,000,000 shares. This buyback authorization permits the railroad operator to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.
Several hedge funds have recently bought and sold shares of UNP. Oregon Public Employees Retirement Fund lifted its holdings in Union Pacific by 18,524.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock worth $237,000 after purchasing an additional 32,563,028 shares in the last quarter. Norges Bank purchased a new stake in Union Pacific during the 4th quarter worth about $1,036,317,000. Matthew Goff Investment Advisor LLC lifted its holdings in Union Pacific by 14,067.9% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 5,083,714 shares of the railroad operator’s stock worth $35,882,000 after purchasing an additional 5,047,832 shares in the last quarter. Capital International Investors lifted its holdings in Union Pacific by 1,302.7% during the 3rd quarter. Capital International Investors now owns 4,801,143 shares of the railroad operator’s stock worth $781,770,000 after purchasing an additional 4,458,858 shares in the last quarter. Finally, Jennison Associates LLC lifted its holdings in Union Pacific by 450.0% during the 4th quarter. Jennison Associates LLC now owns 5,134,698 shares of the railroad operator’s stock worth $709,769,000 after purchasing an additional 4,201,086 shares in the last quarter. Institutional investors own 78.71% of the company’s stock.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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