Zacks: Brokerages Anticipate Union Pacific Co. (NYSE:UNP) to Announce $2.16 EPS

Equities analysts expect Union Pacific Co. (NYSE:UNP) to report earnings of $2.16 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Union Pacific’s earnings, with the highest EPS estimate coming in at $2.28 and the lowest estimate coming in at $2.00. Union Pacific reported earnings of $2.15 per share in the same quarter last year, which would indicate a positive year over year growth rate of 0.5%. The company is expected to report its next earnings results before the market opens on Thursday, April 22nd.

According to Zacks, analysts expect that Union Pacific will report full-year earnings of $9.48 per share for the current financial year, with EPS estimates ranging from $9.23 to $9.83. For the next year, analysts forecast that the company will report earnings of $10.57 per share, with EPS estimates ranging from $10.05 to $11.00. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Union Pacific.

Union Pacific (NYSE:UNP) last announced its earnings results on Wednesday, January 20th. The railroad operator reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.11. The business had revenue of $5.14 billion during the quarter, compared to analyst estimates of $5.14 billion. Union Pacific had a net margin of 27.40% and a return on equity of 31.71%. During the same period in the previous year, the business posted $2.02 earnings per share.

Several research analysts recently commented on UNP shares. TD Securities lifted their target price on shares of Union Pacific from $225.00 to $230.00 and gave the stock a “hold” rating in a research note on Monday, January 11th. Barclays reissued a “neutral” rating on shares of Union Pacific in a research report on Monday, January 11th. BMO Capital Markets upped their price target on shares of Union Pacific from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Monday, January 11th. Credit Suisse Group reduced their target price on shares of Union Pacific from $249.00 to $243.00 and set an “outperform” rating for the company in a report on Friday, January 22nd. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upped their price target on Union Pacific from $215.00 to $250.00 in a research note on Monday, January 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $204.96.

In other news, VP Todd M. Rynaski sold 7,698 shares of the firm’s stock in a transaction that occurred on Monday, March 8th. The stock was sold at an average price of $212.00, for a total value of $1,631,976.00. Following the completion of the sale, the vice president now directly owns 17,197 shares of the company’s stock, valued at approximately $3,645,764. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Elizabeth F. Whited sold 1,491 shares of the firm’s stock in a transaction that occurred on Monday, March 8th. The shares were sold at an average price of $215.00, for a total value of $320,565.00. Following the completion of the sale, the executive vice president now directly owns 34,124 shares of the company’s stock, valued at $7,336,660. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of UNP. Advisory Alpha LLC acquired a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $78,000. Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $454,000. AQR Capital Management LLC lifted its holdings in shares of Union Pacific by 11.6% in the 3rd quarter. AQR Capital Management LLC now owns 168,842 shares of the railroad operator’s stock valued at $33,240,000 after buying an additional 17,501 shares during the period. Earnest Partners LLC increased its stake in Union Pacific by 14.5% in the 3rd quarter. Earnest Partners LLC now owns 129,581 shares of the railroad operator’s stock valued at $25,511,000 after purchasing an additional 16,455 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its stake in Union Pacific by 3.0% in the 3rd quarter. EP Wealth Advisors LLC now owns 94,388 shares of the railroad operator’s stock valued at $18,582,000 after purchasing an additional 2,731 shares in the last quarter. 77.83% of the stock is owned by institutional investors and hedge funds.

UNP stock opened at $221.34 on Thursday. The company has a market capitalization of $148.26 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 2.33 and a beta of 1.11. Union Pacific has a one year low of $141.22 and a one year high of $224.62. The company’s 50 day moving average price is $212.90 and its two-hundred day moving average price is $205.09. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.93 and a current ratio of 1.06.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Friday, February 26th were issued a $0.97 dividend. The ex-dividend date was Thursday, February 25th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.75%. Union Pacific’s payout ratio is currently 46.30%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; coal and sand, petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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