Knight-Swift Transportation (NYSE:KNX) Updates Q3 2026 Earnings Guidance

Knight-Swift Transportation (NYSE:KNX) updated its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.710-0.770 for the period, compared to the consensus EPS estimate of 0.670. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

KNX has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price target on Knight-Swift Transportation from $70.00 to $77.00 and gave the stock a “neutral” rating in a research note on Friday, July 10th. Morgan Stanley boosted their price objective on shares of Knight-Swift Transportation from $70.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Stephens upgraded shares of Knight-Swift Transportation to a “strong-buy” rating in a research note on Wednesday, July 8th. Robert W. Baird upped their price target on shares of Knight-Swift Transportation from $62.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Wells Fargo & Company lifted their price objective on Knight-Swift Transportation from $65.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $80.44.

Knight-Swift Transportation Stock Performance

NYSE KNX traded down $0.68 during midday trading on Wednesday, hitting $76.03. The company had a trading volume of 2,137,808 shares, compared to its average volume of 3,696,150. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.26. The stock has a market cap of $12.35 billion, a price-to-earnings ratio of 362.06, a P/E/G ratio of 0.84 and a beta of 1.18. The firm has a fifty day simple moving average of $75.13 and a two-hundred day simple moving average of $64.61. Knight-Swift Transportation has a fifty-two week low of $38.63 and a fifty-two week high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.94%. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Equities analysts forecast that Knight-Swift Transportation will post 2.21 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 8th were given a dividend of $0.20 per share. 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 payout ratio is currently 380.95%.

Hedge Funds Weigh In On Knight-Swift Transportation

Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd boosted its position in shares of 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 valued at $35,000 after acquiring an additional 828 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Knight-Swift Transportation during the fourth quarter valued at approximately $39,000. Transamerica Financial Advisors LLC raised its holdings in shares of Knight-Swift Transportation by 151.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 941 shares of the transportation company’s stock worth $49,000 after buying an additional 567 shares in the last quarter. Sfam LLC bought a new position in shares of Knight-Swift Transportation during the 4th quarter worth approximately $70,000. Finally, Danske Bank A S acquired a new stake in Knight-Swift Transportation in the 3rd quarter valued at $99,000. Institutional investors and hedge funds 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.