Equities analysts predict that Union Pacific Co. (NYSE:UNP) will announce earnings per share (EPS) of $2.06 for the current quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Union Pacific’s earnings, with the lowest EPS estimate coming in at $2.00 and the highest estimate coming in at $2.11. Union Pacific reported earnings per share of $1.53 in the same quarter last year, which would indicate a positive year over year growth rate of 34.6%. The business is expected to report its next earnings report on Thursday, January 24th.
According to Zacks, analysts expect that Union Pacific will report full-year earnings of $7.85 per share for the current year, with EPS estimates ranging from $7.77 to $7.90. For the next fiscal year, analysts anticipate that the company will report earnings of $8.94 per share, with EPS estimates ranging from $8.70 to $9.20. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Union Pacific.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 25th. The railroad operator reported $2.15 EPS for the quarter, beating the consensus estimate of $2.10 by $0.05. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. The company had revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same quarter in the prior year, the company earned $1.50 EPS.
Several equities research analysts recently commented on the company. TD Securities lowered 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 report on Friday, October 26th. Bank of America upped their target price on Union Pacific from $158.00 to $166.00 and gave the company a “buy” rating in a research report on Thursday, August 16th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $176.00 target price on the stock in a research report on Wednesday, September 19th. Wolfe Research set a $185.00 price target on Union Pacific and gave the stock a “buy” rating in a report on Tuesday, September 18th. Finally, Loop Capital upgraded Union Pacific from a “hold” rating to a “buy” rating in a report on Tuesday, September 18th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $165.24.
Shares of Union Pacific stock opened at $147.45 on Wednesday. Union Pacific has a one year low of $121.22 and a one year high of $165.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.89 and a current ratio of 1.06. The stock has a market cap of $112.75 billion, a P/E ratio of 25.47, a price-to-earnings-growth ratio of 1.83 and a beta of 0.94.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, November 30th will be issued a $0.80 dividend. The ex-dividend date is Thursday, November 29th. This represents a $3.20 annualized dividend and a yield of 2.17%. Union Pacific’s payout ratio is currently 55.27%.
In other Union Pacific news, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $163.81, for a total value of $3,276,200.00. Following the transaction, the executive vice president now owns 106,518 shares in the company, valued at $17,448,713.58. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by corporate insiders.
A number of large investors have recently made changes to their positions in the business. Worth Venture Partners LLC purchased a new stake in shares of Union Pacific in the third quarter worth approximately $114,000. Landaas & Co. WI ADV purchased a new stake in shares of Union Pacific in the second quarter worth approximately $133,000. grace capital purchased a new stake in shares of Union Pacific in the second quarter worth approximately $142,000. Point72 Hong Kong Ltd raised its stake in shares of Union Pacific by 620.5% in the third quarter. Point72 Hong Kong Ltd now owns 1,088 shares of the railroad operator’s stock worth $177,000 after purchasing an additional 937 shares during the last quarter. Finally, Parkside Investments LLC purchased a new stake in shares of Union Pacific in the third quarter worth approximately $185,000. Institutional investors and hedge funds own 79.42% of the company’s stock.
About Union Pacific
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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