Knight-Swift Transportation Holdings Inc. (KNX)

NYSE: KNX · IEX Real-Time Price · USD
48.78
-2.01 (-3.95%)
Apr 17, 2024, 3:45 PM EDT - Market open
-3.95%
Market Cap 7.88B
Revenue (ttm) 7.14B
Net Income (ttm) 217.15M
Shares Out 161.49M
EPS (ttm) 1.34
PE Ratio 36.61
Forward PE 20.47
Dividend $0.64 (1.31%)
Ex-Dividend Date Mar 7, 2024
Volume 9,796,399
Open 46.02
Previous Close 50.78
Day's Range 45.79 - 49.36
52-Week Range 45.73 - 60.99
Beta 1.00
Analysts Buy
Price Target 62.69 (+28.53%)
Earnings Date Apr 24, 2024

About KNX

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. This segment operated an average of 20,948 tractors, which comprised 18,821 company tractors and 2,127 independent contractor tr... [Read more]

Industry Trucking
Sector Industrials
IPO Date Oct 25, 1994
Employees 34,300
Stock Exchange NYSE
Ticker Symbol KNX
Full Company Profile

Financial Performance

In 2023, KNX's revenue was $7.14 billion, a decrease of -3.86% compared to the previous year's $7.43 billion. Earnings were $217.15 million, a decrease of -71.85%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for KNX stock is "Buy." The 12-month stock price forecast is $62.69, which is an increase of 28.53% from the latest price.

Price Target
$62.69
(28.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Knight-Swift's stock hurt by profit warning on over-supplied truck market and bad weather

Knight-Swift Transportation Holdings Inc.'s stock slid 3.5% Wednesday, after the freight company drastically lowered guidance for the first half, citing an oversupplied truck market, disruptive weathe...

2 hours ago - Market Watch

Knight-Swift Transportation Announces Updated First and Second Quarter Earnings Guidance

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") today announced an update to its earnings guidance for the first and second qua...

6 hours ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conference

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that Adam Miller, Chief Executive Officer, Andrew Hess, Chief Financial Officer, and Brad Stewart, Treas...

6 days ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Timing of First Quarter 2024 Earnings Release and Related Conference Call

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2024 first quarter earnings after market close on Wednes...

15 days ago - Business Wire

Knight-Swift Transportation Announces CEO Transition and New CFO

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) (“Knight-Swift” or the “Company”), one of the largest and most diversified freight transportation companies, announced ...

7 weeks ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces an Increase in Quarterly Cash Dividend

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Company's q...

2 months ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Results for Fourth Quarter 2023

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has released its earnings for the ...

2 months ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Timing of Fourth Quarter 2023 Earnings Release and Related Conference Call

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2023 fourth quarter earnings after market close on Wedne...

3 months ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Quarterly Cash Dividend

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors (the "Board") has declared the Company's q...

5 months ago - Business Wire

Knight-Swift Stock Is Soaring. The Trucker's Solid Earnings Aren't What's Driving It.

The company posted third-quarter earnings per share of 41 cents from sales of $2 billion. Wall Street was looking for 36 cents and $1.9 billion, respectively.

6 months ago - Barrons

Knight-Swift Transportation Holdings Inc. Announces Results for Third Quarter 2023

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has released its earnings for the ...

6 months ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Participation in Upcoming Conferences

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today that David Jackson, President and Chief Executive Officer, Adam Miller, Chief Financial Officer and Pres...

6 months ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Timing of Third Quarter 2023 Earnings Release and Related Conference Call

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2023 third quarter earnings after market close on Thursd...

7 months ago - Business Wire

Knight-Swift Transportation Holdings Inc. Announces Appointment of Amy Boerger to Board of Directors and Quarterly Cash Dividend

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX): Knight-Swift Appoints Amy Boerger to the Board Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or ...

9 months ago - Business Wire

A Trucker's Stock Is Up, a Railroad Stock Is Down. They Delivered the Same Message.

Trucker Knight-Swift Transportation and railroad operator CSX reported second-quarter numbers late Thursday. The stocks are going in opposite directions on Friday, but the message both delivered about...

Other symbols: CSX
9 months ago - Barrons

Knight-Swift Transportation Holdings Inc. Announces Results for Second Quarter 2023

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has released its earnings for the ...

9 months ago - Business Wire

Knight-Swift lowers Q2 expectations, closes on U.S. Xpress deal

Knight-Swift Transportation warned Wednesday that second-quarter results are likely to disappoint in a news release also confirming it has closed on the previously announced acquisition of truckload c...

10 months ago - FreightWaves

Knight-Swift Transportation Closes Acquisition of U.S. Xpress Enterprises and Provides Update on Market Conditions

PHOENIX--(BUSINESS WIRE)--Effective July 1, 2023, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift" or the “Company”) closed on the previously-announced acquisition of U.S. Xpress ...

10 months ago - Business Wire

U.S. Xpress filing confirms closing of its sale to Knight-Swift

The Knight-Swift acquisition of truckload carrier U.S. Xpress has closed, with U.S. Xpress stock no longer trading and the company filing a delisting document with the Securities and Exchange Commissi...

10 months ago - FreightWaves

Knight-Swift Transportation Holdings Inc. Announces Timing of Second Quarter 2023 Earnings Release and Related Conference Call

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift", the "Company", or "we") expects to release its 2023 second quarter earnings after market close on Thurs...

10 months ago - Business Wire

U.S. XPRESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of U.S. Xpress Enterprises, Inc. - USX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of U.S. Xpress Ente...

11 months ago - Business Wire

Top Calls: Citi Upgrades Rail Stocks

Christian Wetherbee, Citi Research Managing Director& Senior Transportation Analyst joins Romaine Bostick to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Clo...

Other symbols: CSXNSCUNP
11 months ago - Bloomberg Markets and Finance

Knight-Swift Transportation Holdings Inc. Issues 2022 Sustainability Report

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift”), announced the release of its 2022 Sustainability Report, detailing its Environmental, Social and Gover...

1 year ago - Business Wire

CPKC and Knight-Swift announce multi-year agreement

CALGARY and PHOENIX , April 25, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and Knight-Swift Transportation Holdings Inc. (NYSE: KNX) announced today a new multi-year ...

Other symbols: CP
1 year ago - PRNewsWire

Knight-Swift resets expectations for 2023 after rough Q1

The nation's largest truckload carrier, Knight-Swift Transportation, missed first-quarter expectations and significantly reeled in its 2023 earnings outlook. Full-year earnings per share are now forec...

1 year ago - FreightWaves