Knight-Swift Transportation (NYSE:KNX) Releases Earnings Results, Beats Expectations By $0.12 EPS

Knight-Swift Transportation (NYSE:KNX) issued its quarterly earnings data on Wednesday. The transportation company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12, FiscalAI reports. Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.94%. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.05 billion. Knight-Swift Transportation updated its Q3 2026 guidance to 0.710-0.770 EPS.

Knight-Swift Transportation Price Performance

Shares of Knight-Swift Transportation stock traded down $0.68 during trading hours on Wednesday, hitting $76.03. The company’s stock had a trading volume of 2,506,726 shares, compared to its average volume of 3,700,027. The business has a 50 day moving average price of $75.13 and a two-hundred day moving average price of $64.61. Knight-Swift Transportation has a 12-month low of $38.63 and a 12-month high of $82.86. The company has a market cap of $12.35 billion, a PE ratio of 362.06, a PEG ratio of 0.84 and a beta of 1.18. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.70 and a current ratio of 0.70.

Knight-Swift Transportation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 380.95%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KNX. Weiss Ratings reiterated a “hold (c-)” rating on shares of Knight-Swift Transportation in a research report on Monday, July 13th. Raymond James Financial upped their price target on Knight-Swift Transportation from $76.00 to $91.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 2nd. Citigroup raised Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $90.00 price objective on the stock in a research report on Thursday, July 9th. Morgan Stanley boosted their price objective on Knight-Swift Transportation from $70.00 to $100.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Barclays increased their target price on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Knight-Swift Transportation has a consensus rating of “Buy” and an average price target of $80.44.

Institutional Trading of Knight-Swift Transportation

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP lifted its holdings in shares of Knight-Swift Transportation by 23.6% in the fourth quarter. Wellington Management Group LLP now owns 12,918,523 shares of the transportation company’s stock worth $675,380,000 after buying an additional 2,468,293 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Knight-Swift Transportation by 1.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 8,397,338 shares of the transportation company’s stock valued at $439,016,000 after acquiring an additional 129,651 shares in the last quarter. Ensign Peak Advisors Inc increased its holdings in Knight-Swift Transportation by 50.4% in the 4th quarter. Ensign Peak Advisors Inc now owns 2,939,212 shares of the transportation company’s stock valued at $153,662,000 after acquiring an additional 984,422 shares during the last quarter. Invesco Ltd. lifted its stake in Knight-Swift Transportation by 513.6% in the 4th quarter. Invesco Ltd. now owns 2,416,865 shares of the transportation company’s stock worth $126,354,000 after purchasing an additional 2,022,996 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Knight-Swift Transportation by 36.5% in the 2nd quarter. AQR Capital Management LLC now owns 2,248,258 shares of the transportation company’s stock worth $99,440,000 after purchasing an additional 601,108 shares in the last quarter. Institutional investors own 88.77% of the company’s stock.

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.