Knight-Swift Transportation (NYSE:KNX) Issues Q2 2026 Earnings Guidance

Knight-Swift Transportation (NYSE:KNX) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.450-0.490 for the period, compared to the consensus EPS estimate of 0.480. The company issued revenue guidance of -. Knight-Swift Transportation also updated its Q1 2026 guidance to 0.080-0.100 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Susquehanna boosted their target price on Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. UBS Group upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $54.00 to $66.00 in a research report on Wednesday, March 18th. Stifel Nicolaus boosted their price objective on Knight-Swift Transportation from $61.00 to $63.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Evercore upgraded Knight-Swift Transportation from an “in-line” rating to an “outperform” rating and set a $65.00 price objective for the company in a research report on Friday, March 27th. Finally, Benchmark boosted their price objective on Knight-Swift Transportation from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $62.11.

Knight-Swift Transportation Stock Up 4.4%

Shares of KNX traded up $2.70 on Thursday, hitting $64.26. The company’s stock had a trading volume of 4,239,772 shares, compared to its average volume of 3,248,169. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The firm’s fifty day moving average price is $58.41 and its 200-day moving average price is $52.52. Knight-Swift Transportation has a fifty-two week low of $37.76 and a fifty-two week high of $65.71. The firm has a market capitalization of $10.44 billion, a price-to-earnings ratio of 156.74, a P/E/G ratio of 0.93 and a beta of 1.11.

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

Knight-Swift Transportation Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 6th were given a dividend of $0.20 per share. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. Knight-Swift Transportation’s payout ratio is currently 195.12%.

Insider Transactions at Knight-Swift Transportation

In other Knight-Swift Transportation news, Chairman Kevin P. Knight sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $61.00, for a total transaction of $1,830,000.00. Following the completion of the transaction, the chairman owned 1,305,347 shares of the company’s stock, valued at $79,626,167. This represents a 2.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO James L. Fitzsimmons sold 5,917 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value of $324,074.09. Following the transaction, the chief operating officer directly owned 8,716 shares of the company’s stock, valued at approximately $477,375.32. This trade represents a 40.44% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 42,930 shares of company stock worth $2,581,186. Insiders own 2.90% of the company’s stock.

More Knight-Swift Transportation News

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: Benchmark raised its price target to $70 and kept a “buy” rating, signaling continued analyst confidence and providing near‑term upside support for the stock. Benchmark Raises Price Target
• Neutral Sentiment: Knight‑Swift introduced Q2 2026 adjusted EPS guidance of $0.45–$0.49, which is roughly in line with the $0.48 consensus — this reduces uncertainty for Q2 but does not materially change expectations. Company Q2 Guidance Release
• Neutral Sentiment: Pre‑earnings coverage (Zacks) flagged that KNX may not have the setup for an earnings beat, reinforcing that expectations heading into the report were modest. Zacks Earnings Preview
• Neutral Sentiment: A recent market commentary listed KNX among stocks worth watching, which may have contributed to trading interest but did not add new company‑specific catalysts. Yahoo Market Note
• Negative Sentiment: Most consequential: Knight‑Swift cut its Q1 2026 adjusted EPS guidance to $0.08–$0.10 from a prior $0.28–$0.32 range, well below the ~ $0.25 consensus — management cited higher fuel costs and winter weather as drivers of the shortfall, which is the primary negative catalyst for the stock today. WSJ: Cuts First‑Quarter Guidance

Hedge Funds Weigh In On Knight-Swift Transportation

A number of institutional investors have recently added to or reduced their stakes in KNX. Public Employees Retirement System of Ohio raised its stake in Knight-Swift Transportation by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 52,930 shares of the transportation company’s stock valued at $2,091,000 after acquiring an additional 306 shares during the period. Parallel Advisors LLC raised its stake in Knight-Swift Transportation by 7.9% in the 4th quarter. Parallel Advisors LLC now owns 4,240 shares of the transportation company’s stock valued at $222,000 after acquiring an additional 309 shares during the period. Quadrant Capital Group LLC raised its stake in Knight-Swift Transportation by 5.6% in the 4th quarter. Quadrant Capital Group LLC now owns 9,923 shares of the transportation company’s stock valued at $519,000 after acquiring an additional 527 shares during the period. Transamerica Financial Advisors LLC raised its stake in Knight-Swift Transportation by 151.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 941 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 567 shares during the period. Finally, Orion Porfolio Solutions LLC raised its stake in Knight-Swift Transportation by 5.2% in the 4th quarter. Orion Porfolio Solutions LLC now owns 13,091 shares of the transportation company’s stock valued at $684,000 after acquiring an additional 651 shares during the period. 88.77% of the stock is currently owned by institutional investors and hedge funds.

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.