Zacks: Brokerages Anticipate Union Pacific Co. (UNP) Will Post Earnings of $1.53 Per Share

Equities analysts expect that Union Pacific Co. (NYSE:UNP) will post earnings per share of $1.53 for the current quarter, according to Zacks. Seven analysts have made estimates for Union Pacific’s earnings. The highest EPS estimate is $1.57 and the lowest is $1.46. Union Pacific reported earnings per share of $1.39 during the same quarter last year, which would indicate a positive year over year growth rate of 10.1%. The business is expected to announce its next quarterly earnings results on Thursday, January 18th.

According to Zacks, analysts expect that Union Pacific will report full year earnings of $5.78 per share for the current financial year, with EPS estimates ranging from $5.70 to $5.82. For the next financial year, analysts expect that the firm will post earnings of $6.46 per share, with EPS estimates ranging from $6.13 to $6.69. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Union Pacific.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter in the previous year, the firm earned $1.36 earnings per share. The firm’s quarterly revenue was up 4.5% on a year-over-year basis.

A number of research analysts recently issued reports on UNP shares. BMO Capital Markets reiterated a “buy” rating and issued a $123.00 price target on shares of Union Pacific in a research note on Friday, September 15th. Argus lifted their price target on shares of Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Wednesday, November 1st. Morgan Stanley downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $102.00 to $100.00 in a research report on Monday, October 2nd. Finally, Aegis downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $120.00 to $122.00 in a research report on Tuesday, October 10th. Four research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $117.59.

Shares of Union Pacific (NYSE UNP) traded up $0.39 during trading on Friday, reaching $118.25. 1,302,832 shares of the company were exchanged, compared to its average volume of 2,688,205. Union Pacific has a one year low of $100.10 and a one year high of $119.71. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $93,082.73, a P/E ratio of 20.89, a P/E/G ratio of 1.92 and a beta of 0.87.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is currently 42.76%.

Several institutional investors have recently made changes to their positions in the company. Pathstone Family Office LLC increased its stake in Union Pacific by 41.3% in the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after buying an additional 52 shares during the period. Advantage Investment Management LLC increased its stake in Union Pacific by 263.7% in the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after buying an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC increased its stake in Union Pacific by 96.3% in the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after buying an additional 501 shares during the period. Proficio Capital Partners LLC increased its stake in Union Pacific by 36.3% in the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after buying an additional 274 shares during the period. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. increased its stake in Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the period. 79.80% of the stock is currently owned by institutional investors and hedge funds.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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

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