Zacks Research Has Pessimistic Outlook of KNX Q3 Earnings

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share estimates for shares of Knight-Swift Transportation in a report issued on Wednesday, August 5th. Zacks Research analyst Team now expects that the transportation company will post earnings of $0.53 per share for the quarter, down from their prior estimate of $0.57. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $2.42 per share. Zacks Research also issued estimates for Knight-Swift Transportation’s Q4 2026 earnings at $0.56 EPS, Q2 2027 earnings at $0.60 EPS, Q4 2027 earnings at $0.79 EPS, Q2 2028 earnings at $0.83 EPS and FY2028 earnings at $3.99 EPS.

A number of other equities analysts have also recently commented on KNX. Wall Street Zen raised shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Citizens Jmp assumed coverage on shares of Knight-Swift Transportation in a research report on Wednesday, July 15th. They issued a “market outperform” rating and a $90.00 price objective on the stock. Raymond James Financial raised their price objective on shares of Knight-Swift Transportation from $76.00 to $91.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 2nd. Bank of America raised their price objective on shares of Knight-Swift Transportation from $90.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Susquehanna boosted their target price on Knight-Swift Transportation from $90.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $84.44.

Knight-Swift Transportation Stock Down 1.1%

NYSE KNX opened at $70.81 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.32. Knight-Swift Transportation has a 52 week low of $38.63 and a 52 week high of $82.86. The firm has a market capitalization of $11.51 billion, a price-to-earnings ratio of 272.37, a PEG ratio of 0.61 and a beta of 1.18. The company has a fifty day moving average of $75.51 and a two-hundred day moving average of $65.82.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.12. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.05 billion. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS.

Knight-Swift Transportation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 8th were issued a $0.20 dividend. The ex-dividend date was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 307.69%.

Insider Buying and Selling at Knight-Swift Transportation

In related news, Director Reid Dove sold 50,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $70.25, for a total transaction of $3,512,500.00. Following the sale, the director owned 169,154 shares of the company’s stock, valued at $11,883,068.50. This trade represents a 22.82% 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 link. Also, CAO Cary M. Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $70.82, for a total value of $254,952.00. Following the completion of the transaction, the chief accounting officer owned 5,405 shares in the company, valued at $382,782.10. This trade represents a 39.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.90% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Large investors have recently made changes to their positions in the stock. Blue Trust Inc. increased its position in shares of Knight-Swift Transportation by 123.9% in the 1st quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 301 shares during the period. Clearstead Advisors LLC raised its stake in Knight-Swift Transportation by 134.6% in the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after acquiring an additional 385 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Knight-Swift Transportation by 1,478.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock worth $35,000 after acquiring an additional 828 shares during the period. Los Angeles Capital Management LLC acquired a new stake in Knight-Swift Transportation during the 4th quarter worth about $39,000. Finally, Fifth Third Bancorp grew its stake in Knight-Swift Transportation by 44.4% during the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after purchasing an additional 267 shares during the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

About Knight-Swift Transportation

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.