Wall Street brokerages expect Union Pacific Co. (NYSE:UNP) to announce sales of $5.85 billion for the current quarter, Zacks reports. Six analysts have issued estimates for Union Pacific’s earnings. The highest sales estimate is $5.93 billion and the lowest is $5.79 billion. Union Pacific posted sales of $5.67 billion in the same quarter last year, which suggests a positive year over year growth rate of 3.2%. The company is scheduled to report its next quarterly earnings results on Thursday, July 18th.
According to Zacks, analysts expect that Union Pacific will report full year sales of $23.26 billion for the current fiscal year, with estimates ranging from $22.82 billion to $23.50 billion. For the next financial year, analysts anticipate that the business will post sales of $24.47 billion, with estimates ranging from $23.46 billion to $24.82 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Union Pacific.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 18th. The railroad operator reported $1.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.89 by $0.04. The firm had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.51 billion. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The business’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.68 EPS.
Shares of UNP traded down $0.16 during mid-day trading on Friday, reaching $166.99. The company’s stock had a trading volume of 3,579,600 shares, compared to its average volume of 3,742,698. The firm has a market cap of $121.20 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 1.89 and a beta of 1.09. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific has a 52 week low of $128.08 and a 52 week high of $180.02.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be issued 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 is currently 44.50%.
In related news, Director William J. Delaney III acquired 5,000 shares of Union Pacific stock in a transaction on Monday, May 20th. The shares were acquired at an average cost of $174.06 per share, with a total value of $870,300.00. Following the transaction, the director now owns 5,000 shares in the company, valued at $870,300. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $180.01, for a total transaction of $248,413.80. Following the transaction, the executive vice president now directly owns 94,943 shares in the company, valued at $17,090,689.43. The disclosure for this sale can be found here. Insiders have sold a total of 31,667 shares of company stock valued at $5,454,729 over the last quarter. 9.96% of the stock is currently owned by company insiders.
A number of institutional investors have recently modified their holdings of UNP. Perennial Advisors LLC increased its position in Union Pacific by 1.9% during the 4th quarter. Perennial Advisors LLC now owns 22,220 shares of the railroad operator’s stock valued at $3,071,000 after purchasing an additional 424 shares during the period. Advisor Partners LLC grew its position in shares of Union Pacific by 3.2% in the 4th quarter. Advisor Partners LLC now owns 23,323 shares of the railroad operator’s stock worth $3,224,000 after buying an additional 723 shares during the period. Horrell Capital Management Inc. grew its position in shares of Union Pacific by 0.9% in the 4th quarter. Horrell Capital Management Inc. now owns 89,414 shares of the railroad operator’s stock worth $12,360,000 after buying an additional 815 shares during the period. Alpha Cubed Investments LLC grew its position in shares of Union Pacific by 879.6% in the 4th quarter. Alpha Cubed Investments LLC now owns 41,310 shares of the railroad operator’s stock worth $5,710,000 after buying an additional 37,093 shares during the period. Finally, Hayden Royal LLC purchased a new stake in shares of Union Pacific in the 4th quarter worth about $354,000. 79.12% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Company Profile
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.
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