Research Analysts Set Expectations for Union Pacific Corporation’s Q3 2017 Earnings (UNP)

Union Pacific Corporation (NYSE:UNP) – Research analysts at Seaport Global Securities cut their Q3 2017 earnings estimates for Union Pacific Corporation in a research report issued to clients and investors on Thursday. Seaport Global Securities analyst M. Levin now anticipates that the railroad operator will post earnings of $1.49 per share for the quarter, down from their prior estimate of $1.52. Seaport Global Securities also issued estimates for Union Pacific Corporation’s FY2017 earnings at $5.72 EPS, FY2018 earnings at $6.50 EPS and FY2019 earnings at $7.35 EPS.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. The company had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The firm’s revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.17 EPS.

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A number of other research analysts have also recently weighed in on the stock. Citigroup Inc. restated a “buy” rating and issued a $120.00 price objective on shares of Union Pacific Corporation in a report on Monday, July 10th. BMO Capital Markets restated a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a report on Friday, June 2nd. Cowen and Company lifted their price objective on shares of Union Pacific Corporation from $109.00 to $117.00 and gave the company a “market perform” rating in a report on Friday, April 28th. Morgan Stanley restated an “overweight” rating and issued a $102.00 price objective (up previously from $100.00) on shares of Union Pacific Corporation in a report on Monday, July 10th. Finally, Credit Suisse Group lifted their price objective on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a report on Friday, May 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $110.80.

Union Pacific Corporation (NYSE UNP) opened at 103.66 on Monday. The company has a market capitalization of $82.97 billion, a P/E ratio of 18.80 and a beta of 0.83. Union Pacific Corporation has a one year low of $87.06 and a one year high of $115.15. The company’s 50-day moving average is $108.73 and its 200 day moving average is $107.99.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Wednesday, May 31st were given a $0.605 dividend. The ex-dividend date of this dividend was Friday, May 26th. This represents a $2.42 annualized dividend and a yield of 2.33%. Union Pacific Corporation’s dividend payout ratio (DPR) is 43.84%.

In related news, EVP Cameron A. Scott sold 17,604 shares of the company’s stock in a transaction on Friday, July 7th. The shares were sold at an average price of $107.60, for a total value of $1,894,190.40. Following the completion of the sale, the executive vice president now owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.20% of the stock is owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the company. Advantage Investment Management LLC increased its position in shares of Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after buying an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its position in shares of Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after buying an additional 501 shares during the last quarter. Proficio Capital Partners LLC increased its position in shares of Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after buying an additional 274 shares during the last quarter. Cable Hill Partners LLC increased its position in shares of Union Pacific Corporation by 6.1% in the first quarter. Cable Hill Partners LLC now owns 1,130 shares of the railroad operator’s stock worth $119,000 after buying an additional 65 shares during the last quarter. Finally, SRS Capital Advisors Inc. increased its position in shares of Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after buying an additional 686 shares during the last quarter. Institutional investors own 79.31% of the company’s stock.

Union Pacific Corporation Company Profile

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.

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

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