Union Pacific Co. (NYSE:UNP) Expected to Announce Earnings of $1.98 Per Share
Brokerages expect Union Pacific Co. (NYSE:UNP) to announce earnings per share of $1.98 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Union Pacific’s earnings, with the highest EPS estimate coming in at $2.00 and the lowest estimate coming in at $1.94. Union Pacific reported earnings of $1.93 per share in the same quarter last year, which would suggest a positive year over year growth rate of 2.6%. The company is scheduled to issue its next earnings report on Thursday, April 16th.
On average, analysts expect that Union Pacific will report full-year earnings of $9.44 per share for the current fiscal year, with EPS estimates ranging from $9.12 to $9.85. For the next fiscal year, analysts anticipate that the business will post earnings of $10.43 per share, with EPS estimates ranging from $10.20 to $10.70. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Union Pacific.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.02 EPS for the quarter, missing the consensus estimate of $2.03 by ($0.01). The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.24 billion. Union Pacific had a net margin of 27.28% and a return on equity of 32.65%. The company’s revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.12 earnings per share.
UNP traded down $1.76 during trading on Tuesday, hitting $185.43. The company had a trading volume of 1,876,710 shares, compared to its average volume of 2,427,993. The company has a market capitalization of $125.60 billion, a PE ratio of 21.84, a PEG ratio of 1.92 and a beta of 1.08. Union Pacific has a one year low of $149.09 and a one year high of $187.68. The firm’s 50-day moving average price is $179.26 and its 200 day moving average price is $171.19. The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 1.35.
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, November 29th were paid a dividend of $0.97 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $3.88 annualized dividend and a dividend yield of 2.09%. Union Pacific’s dividend payout ratio is presently 49.05%.
In other news, CFO Jennifer L. Hamann sold 1,000 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $183.00, for a total transaction of $183,000.00. Following the transaction, the chief financial officer now directly owns 62,331 shares in the company, valued at approximately $11,406,573. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Elizabeth F. Whited sold 5,342 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $171.62, for a total transaction of $916,794.04. Following the transaction, the executive vice president now owns 63,021 shares in the company, valued at $10,815,664.02. The disclosure for this sale can be found here. 9.96% of the stock is owned by insiders.
Several institutional investors have recently added to or reduced their stakes in UNP. Nuveen Asset Management LLC grew its stake in Union Pacific by 1,957.4% in the 2nd quarter. Nuveen Asset Management LLC now owns 8,164,209 shares of the railroad operator’s stock valued at $1,380,648,000 after buying an additional 7,767,384 shares during the last quarter. Johanson Financial Advisors Inc. boosted its holdings in Union Pacific by 17,670.0% in the 4th quarter. Johanson Financial Advisors Inc. now owns 2,456,353 shares of the railroad operator’s stock valued at $13,589,000 after purchasing an additional 2,442,530 shares during the period. Fisher Asset Management LLC boosted its holdings in Union Pacific by 15,152.8% in the 3rd quarter. Fisher Asset Management LLC now owns 1,792,513 shares of the railroad operator’s stock valued at $290,351,000 after purchasing an additional 1,780,761 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Union Pacific by 10.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 12,804,736 shares of the railroad operator’s stock valued at $2,074,113,000 after purchasing an additional 1,253,490 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in Union Pacific by 11,155.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 495,218 shares of the railroad operator’s stock valued at $80,215,000 after purchasing an additional 490,818 shares during the period. Institutional investors own 77.91% of the company’s stock.
Union Pacific Company Profile
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; and 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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