Equities analysts forecast that Union Pacific Co. (NYSE:UNP) will post earnings of $2.26 per share for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for Union Pacific’s earnings. The highest EPS estimate is $2.34 and the lowest is $2.15. Union Pacific reported earnings of $1.98 per share during the same quarter last year, which would suggest a positive year over year growth rate of 14.1%. The firm is expected to issue its next earnings report on Thursday, July 18th.
On average, 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 forecast that the business will report earnings of $10.25 per share, with EPS estimates ranging from $9.44 to $10.70. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for 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, beating analysts’ consensus estimates of $1.89 by $0.04. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The business had revenue of $5.38 billion during the quarter, compared to the consensus estimate of $5.51 billion. During the same quarter in the prior year, the firm earned $1.68 EPS. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year.
Shares of NYSE:UNP opened at $170.67 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.32. Union Pacific has a fifty-two week low of $128.08 and a fifty-two week high of $180.02. The stock has a market cap of $121.25 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 1.88 and a beta of 1.09.
Union Pacific declared that its board has approved a stock repurchase program on Thursday, February 7th that permits the company to repurchase 150,000,000 shares. This repurchase authorization permits the railroad operator to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 2.06%. The ex-dividend date is Thursday, May 30th. Union Pacific’s dividend payout ratio (DPR) is 44.50%.
In other Union Pacific news, VP Todd M. Rynaski sold 8,802 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $170.00, for a total value of $1,496,340.00. Following the completion of the transaction, the vice president now owns 19,731 shares in the company, valued at approximately $3,354,270. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $180.01, for a total transaction of $248,413.80. Following the completion of the transaction, the executive vice president now owns 94,943 shares of the company’s stock, valued at approximately $17,090,689.43. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,667 shares of company stock valued at $5,454,729. 9.96% of the stock is owned by insiders.
Several institutional investors have recently bought and sold shares of UNP. Oregon Public Employees Retirement Fund boosted its holdings in shares of Union Pacific by 18,524.9% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock valued at $237,000 after acquiring an additional 32,563,028 shares in the last quarter. Norges Bank bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $1,036,317,000. Jennison Associates LLC boosted its holdings in shares of Union Pacific by 450.0% in the fourth quarter. Jennison Associates LLC now owns 5,134,698 shares of the railroad operator’s stock valued at $709,769,000 after acquiring an additional 4,201,086 shares in the last quarter. FMR LLC boosted its holdings in shares of Union Pacific by 29.1% in the first quarter. FMR LLC now owns 16,222,588 shares of the railroad operator’s stock valued at $2,712,416,000 after acquiring an additional 3,653,756 shares in the last quarter. Finally, Ellis Investment Partners LLC boosted its holdings in shares of Union Pacific by 16,626.5% in the first quarter. Ellis Investment Partners LLC now owns 2,689,126 shares of the railroad operator’s stock valued at $2,689,000 after acquiring an additional 2,673,049 shares in the last quarter. Institutional investors and hedge funds own 79.11% of the company’s stock.
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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