Knight-Swift Transportation Holdings Inc. (NYSE:KNX) to Issue Dividend Increase – $0.20 Per Share

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Friday, March 6th will be paid a dividend of 0.20 per share by the transportation company on Monday, March 23rd. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, March 6th. This is a 11.1% increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18.

Knight-Swift Transportation has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 6 years. Knight-Swift Transportation has a payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Knight-Swift Transportation to earn $3.50 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 20.6%.

Knight-Swift Transportation Stock Down 0.7%

KNX traded down $0.42 during mid-day trading on Thursday, reaching $59.84. 5,868,995 shares of the stock were exchanged, compared to its average volume of 3,613,503. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.33 and a current ratio of 0.86. The company has a 50 day moving average price of $55.37 and a two-hundred day moving average price of $47.61. Knight-Swift Transportation has a 1 year low of $36.69 and a 1 year high of $62.20. The stock has a market capitalization of $9.71 billion, a PE ratio of 145.95, a price-to-earnings-growth ratio of 0.89 and a beta of 1.15.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. As a group, research analysts anticipate that Knight-Swift Transportation will post 2.13 EPS for the current year.

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.