Zacks Research Brokers Reduce Earnings Estimates for KNX

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Research analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for Knight-Swift Transportation in a report released on Wednesday, May 6th. Zacks Research analyst Team now anticipates that the transportation company will post earnings of $0.47 per share for the quarter, down from their prior forecast of $0.48. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $2.14 per share. Zacks Research also issued estimates for Knight-Swift Transportation’s Q3 2026 earnings at $0.57 EPS, Q4 2026 earnings at $0.71 EPS, Q1 2027 earnings at $0.50 EPS, Q2 2027 earnings at $0.73 EPS, Q3 2027 earnings at $1.00 EPS, Q4 2027 earnings at $0.98 EPS, FY2027 earnings at $3.21 EPS, Q1 2028 earnings at $0.75 EPS and FY2028 earnings at $4.27 EPS.

Other equities analysts have also recently issued reports about the company. UBS Group raised their target price on Knight-Swift Transportation from $66.00 to $79.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Barclays increased their target price on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. upped their price target on Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Weiss Ratings raised Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, April 15th. Finally, Evercore upgraded Knight-Swift Transportation from an “in-line” rating to an “outperform” rating and set a $65.00 price objective for the company in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Knight-Swift Transportation currently has an average rating of “Moderate Buy” and a consensus target price of $66.71.

Knight-Swift Transportation Price Performance

NYSE:KNX opened at $64.24 on Thursday. Knight-Swift Transportation has a 52 week low of $38.63 and a 52 week high of $67.75. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $10.43 billion, a P/E ratio of 305.92, a P/E/G ratio of 0.81 and a beta of 1.15. The stock’s fifty day moving average is $59.63 and its two-hundred day moving average is $54.59.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, April 22nd. The transportation company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.20). Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.94%. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter in the prior year, the firm earned $0.28 EPS. Knight-Swift Transportation’s revenue for the quarter was up 1.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Hussman Strategic Advisors Inc. acquired a new position in Knight-Swift Transportation in the 3rd quarter valued at $830,000. Victory Capital Management Inc. increased its stake in Knight-Swift Transportation by 0.9% in the 3rd quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock valued at $335,682,000 after buying an additional 76,342 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in Knight-Swift Transportation in the 3rd quarter valued at $749,000. AXQ Capital LP acquired a new position in Knight-Swift Transportation in the 3rd quarter valued at $913,000. Finally, Y Intercept Hong Kong Ltd increased its stake in Knight-Swift Transportation by 31.0% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 85,396 shares of the transportation company’s stock valued at $3,374,000 after buying an additional 20,187 shares during the period. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Insider Transactions at Knight-Swift Transportation

In other news, Chairman Kevin P. Knight sold 30,000 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $61.00, for a total value of $1,830,000.00. Following the transaction, the chairman owned 1,305,347 shares in the company, valued at approximately $79,626,167. This represents a 2.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Joshua Smith sold 5,770 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $60.91, for a total value of $351,450.70. Following the completion of the transaction, the chief financial officer owned 9,214 shares in the company, valued at approximately $561,224.74. The trade was a 38.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.90% of the company’s stock.

Knight-Swift Transportation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, March 6th. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 380.95%.

Knight-Swift Transportation Company Profile

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.