Union Pacific's most recent trend suggests a bullish bias. One trading opportunity on Union Pacific is a Bull Put Spread using a strike $148.00 short put and a strike $143.00 long put offers a potential 14.68% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $148.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $143.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Union Pacific is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Union Pacific is bullish.
The RSI indicator is at 74.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Union Pacific
Union Pacific: Intermodal Growth Pushed Rail Traffic in Week 30
Wed, 08 Aug 2018 21:35:02 +0000
In Week 30, Western US major railroad Union Pacific (UNP) witnessed 2.3% YoY (year-over-year) carload traffic growth. The railroad moved ~98,100 railcars excluding intermodal units in the week compared to ~95,900 in the corresponding week of 2017.
Norfolk Southern Rises on Accelerated Buybacks, Q2 2018 Results
Wed, 08 Aug 2018 20:55:02 +0000
Now let’s look at Norfolk Southern (NSC), a major Eastern US railroad company. On August 3, NSC entered into an accelerated agreement with Bank of America and Goldman Sachs to buy back its common stock worth $1.2 billion. In the last week of July, Norfolk Southern announced an 11% increase in its quarterly dividend per share to $0.80 from $0.72.
BNSF Railway: Intermodal Growth Lagged Carload Gains in Week 30
Wed, 08 Aug 2018 20:05:02 +0000
BNSF Railway (BRK.B) reported a 4.5% YoY (year-over-year) increase in carload traffic in Week 30. During the week, the Western US major railroad company hauled ~103,300 railcars excluding intermodal compared to ~98,800 units in the corresponding period of 2017.
Union Pacific Stock Rides High on Strong Q2 Earnings, Dividend
Wed, 08 Aug 2018 19:25:02 +0000
On July 31, Western US rail giant Union Pacific (UNP) saw its stock set a new all-time high of $151.50. In the last week of July, the company announced a 10% dividend rise, taking its dividend per share to $0.80 from $0.73.
How Major US Railroad Stocks Have Trended in 2018
Wed, 08 Aug 2018 17:51:44 +0000
The second-quarter earnings releases of major US railroad companies concluded with Genesee & Wyoming’s (GWR) earnings results, which it released on July 27. A quick look into these companies’ earnings reveals a vivid YoY (year-over-year) rise in rail freight volumes. For railroad companies, top line growth is primarily driven by volumes and pricing gains.
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