Zacks: Brokerages Anticipate Union Pacific Co. (UNP) to Announce $1.65 EPS

Equities research analysts expect that Union Pacific Co. (NYSE:UNP) will announce earnings per share (EPS) of $1.65 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for Union Pacific’s earnings, with estimates ranging from $1.62 to $1.69. Union Pacific posted earnings of $1.32 per share during the same quarter last year, which suggests a positive year over year growth rate of 25%. The firm is expected to announce its next earnings results before the market opens on Thursday, April 26th.

According to Zacks, analysts expect that Union Pacific will report full year earnings of $7.56 per share for the current financial year, with EPS estimates ranging from $7.16 to $7.75. For the next financial year, analysts expect that the business will report earnings of $8.47 per share, with EPS estimates ranging from $7.80 to $8.86. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Union Pacific.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.01). Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter last year, the firm earned $1.39 EPS. Union Pacific’s revenue for the quarter was up 5.5% compared to the same quarter last year.



Several analysts have weighed in on UNP shares. Barclays reiterated a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research note on Wednesday, December 13th. Wolfe Research upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating in a research report on Friday, January 5th. UBS upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Zacks Investment Research cut shares of Union Pacific from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Finally, BMO Capital Markets restated a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a research report on Monday, January 8th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have given a buy rating to the stock. Union Pacific currently has a consensus rating of “Hold” and a consensus price target of $137.70.

In related news, CFO Robert M. Knight, Jr. sold 25,000 shares of Union Pacific stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the sale, the chief financial officer now directly owns 106,518 shares of the company’s stock, valued at approximately $14,634,508.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Elizabeth F. Whited sold 15,576 shares of Union Pacific stock in a transaction that occurred on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the sale, the executive vice president now directly owns 65,613 shares in the company, valued at $8,778,363.27. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. grew its holdings in Union Pacific by 2.8% during the 4th quarter. BlackRock Inc. now owns 52,135,522 shares of the railroad operator’s stock worth $6,991,373,000 after acquiring an additional 1,434,475 shares during the last quarter. TIAA CREF Investment Management LLC grew its holdings in Union Pacific by 19.5% during the 4th quarter. TIAA CREF Investment Management LLC now owns 8,608,925 shares of the railroad operator’s stock worth $1,154,457,000 after acquiring an additional 1,403,429 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Union Pacific by 1.1% during the 4th quarter. Bank of New York Mellon Corp now owns 8,468,882 shares of the railroad operator’s stock worth $1,135,678,000 after acquiring an additional 88,371 shares during the last quarter. Franklin Resources Inc. grew its holdings in Union Pacific by 6.8% during the 4th quarter. Franklin Resources Inc. now owns 7,975,695 shares of the railroad operator’s stock worth $1,069,540,000 after acquiring an additional 510,037 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its holdings in Union Pacific by 2.3% during the 3rd quarter. First Eagle Investment Management LLC now owns 6,245,527 shares of the railroad operator’s stock worth $724,294,000 after acquiring an additional 139,774 shares during the last quarter. 79.95% of the stock is currently owned by institutional investors.

Shares of Union Pacific stock opened at $131.20 on Thursday. Union Pacific has a twelve month low of $101.06 and a twelve month high of $143.05. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $101,403.16, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 1.61 and a beta of 0.79.

The business also recently declared a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were issued a dividend of $0.73 per share. The ex-dividend date of this dividend was Tuesday, February 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a dividend yield of 2.23%. Union Pacific’s payout ratio is 50.43%.

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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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