Union Pacific Co. to Post FY2024 Earnings of $10.97 Per Share, Zacks Research Forecasts (NYSE:UNP)

Union Pacific Co. (NYSE:UNP) – Investment analysts at Zacks Research dropped their FY2024 earnings estimates for Union Pacific in a report released on Wednesday, August 14th. Zacks Research analyst R. Department now expects that the railroad operator will post earnings per share of $10.97 for the year, down from their previous forecast of $11.07. The consensus estimate for Union Pacific’s current full-year earnings is $11.12 per share. Zacks Research also issued estimates for Union Pacific’s Q3 2025 earnings at $2.64 EPS and Q4 2025 earnings at $3.10 EPS.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same period last year, the company posted $2.57 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis.

Other analysts have also recently issued reports about the stock. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and decreased their price target for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Stifel Nicolaus decreased their price target on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Royal Bank of Canada decreased their price target on shares of Union Pacific from $281.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, July 26th. Morgan Stanley raised their price target on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Finally, Susquehanna decreased their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. Seven investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $258.79.

Union Pacific Stock Performance

Shares of UNP opened at $246.07 on Monday. Union Pacific has a one year low of $199.33 and a one year high of $258.66. The company has a 50-day moving average of $233.11 and a two-hundred day moving average of $239.00. The stock has a market cap of $150.13 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 2.13 and a beta of 1.06. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a $1.34 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Union Pacific

Institutional investors and hedge funds have recently bought and sold shares of the stock. OLD Point Trust & Financial Services N A bought a new position in Union Pacific during the fourth quarter worth $25,000. Richardson Capital Management LLC bought a new position in Union Pacific during the first quarter worth $26,000. Raleigh Capital Management Inc. increased its position in Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 74 shares during the period. Scarborough Advisors LLC bought a new position in Union Pacific during the fourth quarter worth $29,000. Finally, Cultivar Capital Inc. bought a new position in Union Pacific during the second quarter worth $27,000. Institutional investors own 80.38% of the company’s stock.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates 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, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.