Zacks: Analysts Expect Union Pacific Co. (UNP) to Announce $2.02 Earnings Per Share

Analysts expect that Union Pacific Co. (NYSE:UNP) will report earnings of $2.02 per share for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Union Pacific’s earnings, with the lowest EPS estimate coming in at $1.93 and the highest estimate coming in at $2.12. Union Pacific reported earnings per share of $1.68 in the same quarter last year, which indicates a positive year over year growth rate of 20.2%. The company is expected to announce its next earnings report on Thursday, April 25th.

According to Zacks, analysts expect that Union Pacific will report full-year earnings of $9.10 per share for the current year, with EPS estimates ranging from $8.86 to $9.60. For the next fiscal year, analysts forecast that the firm will report earnings of $10.20 per share, with EPS estimates ranging from $9.50 to $10.50. Zacks’ EPS calculations are a mean average based on a survey of research analysts that that provide coverage for Union Pacific.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 24th. The railroad operator reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.06. Union Pacific had a net margin of 26.13% and a return on equity of 27.95%. The company had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.73 billion. During the same period in the previous year, the business earned $1.53 EPS. The company’s revenue was up 5.6% on a year-over-year basis.

UNP has been the topic of several recent analyst reports. Bank of America downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $164.00 target price on the stock. in a research note on Thursday, October 18th. Morgan Stanley downgraded shares of Union Pacific from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $141.00 to $134.00 in a research note on Monday, October 22nd. TD Securities downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and cut their target price for the company from $170.00 to $160.00 in a research note on Friday, October 26th. Cowen boosted their target price on shares of Union Pacific from $151.00 to $153.00 and gave the company a “market perform” rating in a research note on Friday, October 26th. Finally, Credit Suisse Group boosted their target price on shares of Union Pacific from $187.00 to $190.00 and gave the company an “outperform” rating in a research note on Friday, October 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the stock. Union Pacific has a consensus rating of “Buy” and an average target price of $169.39.

Shares of NYSE:UNP opened at $167.05 on Wednesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.89 and a current ratio of 0.90. Union Pacific has a 12-month low of $125.31 and a 12-month high of $168.05. The firm has a market cap of $121.09 billion, a price-to-earnings ratio of 21.12, a PEG ratio of 1.67 and a beta of 1.10.

Union Pacific declared that its board has authorized a share buyback program on Thursday, February 7th that authorizes the company to repurchase 150,000,000 outstanding shares. This repurchase authorization authorizes the railroad operator to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Thursday, February 28th will be paid a $0.88 dividend. The ex-dividend date is Wednesday, February 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.80. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.11%. Union Pacific’s dividend payout ratio is 40.46%.

Several hedge funds and other institutional investors have recently bought and sold shares of UNP. Zweig DiMenna Associates LLC bought a new stake in Union Pacific in the third quarter worth $1,010,000. First Hawaiian Bank boosted its holdings in Union Pacific by 1,761.5% in the third quarter. First Hawaiian Bank now owns 33,135 shares of the railroad operator’s stock worth $5,396,000 after purchasing an additional 31,355 shares in the last quarter. Andra AP fonden boosted its holdings in Union Pacific by 23.3% in the third quarter. Andra AP fonden now owns 12,700 shares of the railroad operator’s stock worth $2,068,000 after purchasing an additional 2,400 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in Union Pacific by 10.8% in the third quarter. Nisa Investment Advisors LLC now owns 378,586 shares of the railroad operator’s stock worth $61,644,000 after purchasing an additional 36,974 shares in the last quarter. Finally, GHP Investment Advisors Inc. bought a new stake in Union Pacific in the third quarter worth $226,000. 83.30% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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Earnings History and Estimates for Union Pacific (NYSE:UNP)

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