Knight-Swift Transportation (NYSE:KNX) Price Target Raised to $63.00

Knight-Swift Transportation (NYSE:KNX) had its target price boosted by Stifel Nicolaus from $61.00 to $63.00 in a research report report published on Thursday morning,Benzinga reports. They currently have a buy rating on the transportation company’s stock.

A number of other brokerages have also commented on KNX. Weiss Ratings lowered Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 20th. Citigroup upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 price objective on the stock in a research note on Friday, March 13th. Morgan Stanley boosted their target price on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Barclays increased their price target on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Finally, TD Cowen raised their price target on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.78.

Knight-Swift Transportation Trading Up 0.1%

Knight-Swift Transportation stock opened at $58.68 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86. The business’s 50-day simple moving average is $57.74 and its 200-day simple moving average is $51.33. The firm has a market capitalization of $9.53 billion, a PE ratio of 143.12, a PEG ratio of 0.88 and a beta of 1.11. Knight-Swift Transportation has a 52 week low of $36.69 and a 52 week high of $64.10.

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

Knight-Swift Transportation Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were given a dividend of $0.20 per share. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 195.12%.

Insider Transactions at Knight-Swift Transportation

In related news, CFO Joshua Smith sold 5,770 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was 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 directly owned 9,214 shares of the company’s stock, valued at $561,224.74. This trade represents a 38.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO James L. Fitzsimmons sold 5,917 shares of Knight-Swift Transportation stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the sale, the chief operating officer owned 8,716 shares in the company, valued at $477,375.32. This represents a 40.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 42,930 shares of company stock valued at $2,581,186. Company insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several large investors have recently modified their holdings of the stock. Clearstead Advisors LLC grew its position in Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 385 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 828 shares during the period. SJS Investment Consulting Inc. boosted its holdings in Knight-Swift Transportation by 7,100.0% in the third quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 923 shares during the last quarter. Versant Capital Management Inc boosted its holdings in Knight-Swift Transportation by 111.3% in the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 493 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in Knight-Swift Transportation in the fourth quarter worth about $39,000. 88.77% of the stock is currently owned by institutional investors.

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.