Analysts Anticipate Union Pacific Co. (NYSE:UNP) Will Post Earnings of $2.25 Per Share

Wall Street analysts predict that Union Pacific Co. (NYSE:UNP) will post earnings of $2.25 per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Union Pacific’s earnings. The lowest EPS estimate is $2.14 and the highest is $2.34. Union Pacific posted earnings of $1.98 per share during the same quarter last year, which suggests a positive year over year growth rate of 13.6%. The business is expected to report its next quarterly earnings results on Thursday, July 18th.

According to Zacks, analysts expect that Union Pacific will report full year earnings of $9.07 per share for the current financial year, with EPS estimates ranging from $8.82 to $9.25. For the next fiscal year, analysts anticipate that the company will report earnings of $10.25 per share, with EPS estimates ranging from $9.44 to $10.70. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Union Pacific.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 18th. The railroad operator reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.04. Union Pacific had a return on equity of 30.73% and a net margin of 26.59%. The company had revenue of $5.38 billion for the quarter, compared to analyst estimates of $5.51 billion. During the same period in the prior year, the company posted $1.68 EPS. The company’s revenue was down 1.7% compared to the same quarter last year.

Several research firms have recently weighed in on UNP. Raymond James upped their price objective on Union Pacific from $192.00 to $201.00 and gave the company a “strong-buy” rating in a research note on Monday, April 22nd. BMO Capital Markets upped their price objective on Union Pacific to $190.00 and gave the company an “outperform” rating in a research note on Monday, April 22nd. Barclays lowered Union Pacific from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $190.00 to $170.00 in a research report on Thursday. Deutsche Bank decreased their price target on Union Pacific from $200.00 to $197.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Stifel Nicolaus set a $170.00 price target on Union Pacific and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $175.74.

In other Union Pacific news, EVP Robert M. Knight, Jr. sold 1,380 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $180.01, for a total value of $248,413.80. Following the transaction, the executive vice president now directly owns 94,943 shares in the company, valued at approximately $17,090,689.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William J. Delaney III acquired 5,000 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was purchased at an average price of $174.06 per share, for a total transaction of $870,300.00. Following the completion of the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $870,300. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 31,667 shares of company stock worth $5,454,729. 9.96% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. increased its stake in Union Pacific by 2.2% in the 4th quarter. BlackRock Inc. now owns 48,020,051 shares of the railroad operator’s stock valued at $6,637,811,000 after buying an additional 1,029,260 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Union Pacific by 18,524.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock worth $237,000 after acquiring an additional 32,563,028 shares in the last quarter. FMR LLC boosted its stake in Union Pacific by 29.1% during the first quarter. FMR LLC now owns 16,222,588 shares of the railroad operator’s stock worth $2,712,416,000 after acquiring an additional 3,653,756 shares in the last quarter. Geode Capital Management LLC boosted its stake in Union Pacific by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 9,640,019 shares of the railroad operator’s stock worth $1,330,401,000 after acquiring an additional 688,775 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Union Pacific by 3.4% during the fourth quarter. Northern Trust Corp now owns 8,284,737 shares of the railroad operator’s stock worth $1,145,199,000 after acquiring an additional 270,547 shares in the last quarter. Hedge funds and other institutional investors own 79.12% of the company’s stock.

Shares of UNP stock traded down $0.16 during trading hours on Friday, hitting $166.99. The company had a trading volume of 3,579,600 shares, compared to its average volume of 3,742,698. Union Pacific has a 12 month low of $128.08 and a 12 month high of $180.02. The firm has a market cap of $121.20 billion, a P/E ratio of 21.11, a P/E/G ratio of 1.89 and a beta of 1.09. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.32.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be given a dividend of $0.88 per share. The ex-dividend date is Thursday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 2.11%. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

See Also: Bull Market

Get a free copy of the Zacks research report on Union Pacific (UNP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.