JOHNS CREEK, Ga., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA) is providing LTL shipment and tonnage data for the first two months of the third quarter. In July 2026, LTL shipments per workday increased 0.8%, LTL tonnage per workday increased 7.8% and LTL weight per shipment increased 7.0%, each compared to July 2025. In August 2026, LTL shipments per workday increased 1.1%, LTL tonnage per workday increased 8.7% and LTL weight per shipment increased 7.5%, each compared to August 2025.
These changes are summarized in the table below:
July 2026
versus July 2025 August 2026
versus August 2025 Quarter to Date (QTD) 2026
versus QTD 2025LTL Shipments per workday0.8% 1.1% 1.0%LTL Tonnage per workday7.8% 8.7% 8.3%LTL Weight per shipment7.0% 7.5% 7.2% Actual third quarter and annual shipments, tonnage and weight per shipment could differ materially from the data expressed in this press release, including by reason of the risk factors included in Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in other filings with the Securities and Exchange Commission. The information herein speaks as of the date of this press release and is subject to change. Saia is under no obligation, and expressly disclaims any obligation to update or alter such information, whether as a result of new information, future events, or otherwise, except as required by law.
Saia, Inc. (Nasdaq: SAIA) offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation and other logistics services. With headquarters in Georgia, Saia LTL Freight operates 218 terminals with national service. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com/about-us/investor-relations.
The Securities and Exchange Commission encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This news release may contain these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “may,” “plan,” “predict,” “believe,” “should,” “potential” and similar words or expressions are intended to identify forward-looking statements. Investors should not place undue reliance on forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. All forward-looking statements reflect the present expectation of future events of our management as of the date of this news release and are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors, risks, uncertainties and assumptions include, but are not limited to, (1) general economic conditions including downturns or inflationary periods in the business cycle; (2) operation within a highly competitive industry and the adverse impact from downward pricing pressures, including in connection with fuel surcharges, and other factors; (3) industry-wide external factors largely out of our control; (4) cost and availability of qualified drivers, dock workers, mechanics and other employees, purchased transportation and fuel; (5) inflationary increases in expenses and corresponding reductions of profitability; (6) cost and availability of diesel fuel and fuel surcharges; (7) cost and availability of insurance coverage and claims expenses and other expense volatility, including for personal injury, cargo loss and damage, workers’ compensation, employment and group health plan claims; (8) failure to successfully execute the strategy to expand our service geography; (9) unexpected liabilities resulting from the acquisition of real estate assets; (10) costs and liabilities from the disruption in or failure of our technology or equipment essential to our operations, including as a result of cyber incidents, security breaches, malware or ransomware attacks; (11) risks arising from remote work, including increased risk of related cybersecurity incidents; (12) failure to keep pace with technological developments; (13) liabilities and costs arising from the use of artificial intelligence; (14) labor relations, including the adverse impact should a portion of our workforce become unionized; (15) cost, availability and resale value of real property and revenue equipment; (16) supply chain disruption and delays on new equipment delivery; (17) changes in U.S. trade policy and the impact of tariffs; (18) capacity and highway infrastructure constraints; (19) risks arising from international business operations and relationships; (20) seasonal factors, harsh weather and disasters caused by climate change; (21) the creditworthiness of our customers and their ability to pay for services; (22) our need for capital and uncertainty of the credit markets; (23) the possibility of defaults under our debt agreements, including violation of financial covenants; (24) inaccuracies and changes to estimates and assumptions used in preparing our financial statements; (25) dependence on key employees; (26) employee turnover from changes to compensation and benefits or market factors; (27) increased costs of healthcare benefits; (28) damage to our reputation from adverse publicity, including from the use of or impact from social media; (29) failure to achieve acquisition synergies or disruption to our business due to such acquisitions; (30) the effect of litigation and class action lawsuits arising from the operation of our business, including the possibility of claims or judgments in excess of our insurance coverages or that result in increases in the cost of insurance coverage or that preclude us from obtaining adequate insurance coverage in the future; (31) the potential of higher corporate taxes and new regulations, including with respect to climate change, employment and labor law, healthcare and securities regulation; (32) unforeseen costs from new and existing data privacy laws; (33) the effect of governmental regulations, including hours of service and licensing compliance for drivers, engine emissions, the Compliance, Safety, Accountability (CSA) initiative, regulations of the Food and Drug Administration and Homeland Security, and healthcare and environmental regulations; (34) changes in accounting and financial standards or practices; (35) widespread outbreak of an illness or any other communicable disease; (36) international conflicts and geopolitical instability; (37) evolving stakeholder expectations regarding environmental and social issues; (38) government shutdown or failure to fund services; (39) provisions in our governing documents and Delaware law that may have anti-takeover effects; (40) issuances of equity that would dilute stock ownership; (41) weakness, disruption or loss of confidence in financial or credit markets; and (42) other financial, operational and legal risks and uncertainties detailed from time to time in the Company’s SEC filings.
As a result of these and other factors, no assurance can be given as to our future results and achievements. Accordingly, a forward-looking statement is neither a prediction nor a guarantee of future events or circumstances and those future events or circumstances may not occur. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this news release. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
CONTACT:Saia, Inc. Matthew Batteh Executive Vice President and Chief Financial Officer [email protected]
Bank of Nova Scotia purchased a new stake in Saia, Inc. (NASDAQ:SAIA – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,512 shares of the transportation company’s stock, valued at approximately $4,848,000.
Several other large investors have also modified their holdings of SAIA. BlackRock Inc. lifted its stake in Saia by 6.6% during the second quarter. BlackRock Inc. now owns 2,545,731 shares of the transportation company’s stock worth $1,072,160,000 after purchasing an additional 156,628 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Saia by 2.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,798,841 shares of the transportation company’s stock valued at $587,358,000 after buying an additional 43,690 shares in the last quarter. Viking Global Investors LP raised its holdings in shares of Saia by 67.2% in the 3rd quarter. Viking Global Investors LP now owns 1,383,888 shares of the transportation company’s stock valued at $414,281,000 after buying an additional 556,229 shares during the period. Invesco Ltd. lifted its stake in Saia by 31.7% during the 4th quarter. Invesco Ltd. now owns 923,912 shares of the transportation company’s stock worth $301,676,000 after acquiring an additional 222,494 shares in the last quarter. Finally, Wasatch Advisors LP lifted its stake in Saia by 25.3% during the 2nd quarter. Wasatch Advisors LP now owns 825,687 shares of the transportation company’s stock worth $226,230,000 after acquiring an additional 166,486 shares in the last quarter.
Saia Stock Down 1.6% SAIA stock opened at $343.92 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.04. Saia, Inc. has a twelve month low of $249.32 and a twelve month high of $494.71. The company’s 50 day moving average is $401.00 and its two-hundred day moving average is $407.01. The stock has a market cap of $9.17 billion, a P/E ratio of 33.20, a PEG ratio of 1.58 and a beta of 2.14.
Saia (NASDAQ:SAIA – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The transportation company reported $3.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.13. The company had revenue of $956.49 million during the quarter, compared to the consensus estimate of $956.20 million. Saia had a net margin of 8.19% and a return on equity of 10.21%. Saia’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.67 earnings per share. Research analysts expect that Saia, Inc. will post 11.44 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth Several research firms have recently commented on SAIA. Evercore raised shares of Saia from an “in-line” rating to an “outperform” rating in a research note on Wednesday, July 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Saia in a report on Monday, August 3rd. Wall Street Zen upgraded shares of Saia from a “sell” rating to a “hold” rating in a report on Monday, May 4th. JPMorgan Chase & Co. raised their price target on shares of Saia from $490.00 to $498.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Finally, TD Cowen dropped their price target on shares of Saia from $445.00 to $400.00 and set a “hold” rating for the company in a research note on Friday, July 31st. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Saia has an average rating of “Moderate Buy” and a consensus target price of $449.67.
Read Our Latest Research Report on Saia
Saia Profile (Free Report)
Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.
The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.
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Emerald Investment Advisers LLC acquired a new position in Saia, Inc. (NASDAQ:SAIA – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,877 shares of the transportation company’s stock, valued at approximately $3,317,000.
A number of other hedge funds have also bought and sold shares of SAIA. M&T Bank Corp boosted its stake in Saia by 383.7% in the 4th quarter. M&T Bank Corp now owns 26,524 shares of the transportation company’s stock worth $8,661,000 after purchasing an additional 21,041 shares during the period. Montag A & Associates Inc. purchased a new position in Saia during the 1st quarter valued at about $1,505,000. Marks Group Wealth Management Inc increased its position in shares of Saia by 32.9% during the first quarter. Marks Group Wealth Management Inc now owns 19,040 shares of the transportation company’s stock valued at $6,688,000 after buying an additional 4,717 shares during the period. California State Teachers Retirement System increased its position in shares of Saia by 23.1% during the first quarter. California State Teachers Retirement System now owns 30,917 shares of the transportation company’s stock valued at $10,861,000 after buying an additional 5,810 shares during the period. Finally, London Co. of Virginia lifted its holdings in shares of Saia by 10.5% in the first quarter. London Co. of Virginia now owns 86,774 shares of the transportation company’s stock worth $30,484,000 after buying an additional 8,255 shares in the last quarter.
Wall Street Analyst Weigh In A number of research firms have recently commented on SAIA. Wells Fargo & Company cut their price objective on shares of Saia from $490.00 to $400.00 and set an “equal weight” rating for the company in a research report on Friday, July 31st. Susquehanna upped their target price on shares of Saia from $465.00 to $470.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. UBS Group lowered their target price on shares of Saia from $527.00 to $504.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Barclays cut their price target on shares of Saia from $500.00 to $475.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, Raymond James Financial reduced their price target on shares of Saia from $477.00 to $475.00 and set an “outperform” rating for the company in a research report on Monday, July 13th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Saia presently has an average rating of “Moderate Buy” and a consensus target price of $449.67.
Get Our Latest Stock Report on SAIA Saia Stock Up 0.7% SAIA stock opened at $362.15 on Friday. The company’s 50 day moving average is $405.76 and its 200 day moving average is $407.34. The stock has a market cap of $9.66 billion, a price-to-earnings ratio of 34.96, a price-to-earnings-growth ratio of 1.63 and a beta of 2.14. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.04. Saia, Inc. has a 1-year low of $249.32 and a 1-year high of $494.71.
Saia (NASDAQ:SAIA – Get Free Report) last announced its earnings results on Thursday, July 30th. The transportation company reported $3.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.13. Saia had a net margin of 8.19% and a return on equity of 10.21%. The business had revenue of $956.49 million during the quarter, compared to analyst estimates of $956.20 million. During the same period in the previous year, the business posted $2.67 earnings per share. Saia’s revenue for the quarter was up 17.1% on a year-over-year basis. Sell-side analysts predict that Saia, Inc. will post 11.44 EPS for the current fiscal year.
Saia Profile (Free Report)
Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.
The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.
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BlackRock Inc. increased its stake in shares of Saia, Inc. (NASDAQ:SAIA – Free Report) by 6.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,545,731 shares of the transportation company’s stock after acquiring an additional 156,628 shares during the quarter. BlackRock Inc. owned about 9.55% of Saia worth $1,072,160,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in SAIA. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Saia in the 2nd quarter valued at $27,000. Quarry LP grew its holdings in shares of Saia by 8,400.0% in the 4th quarter. Quarry LP now owns 85 shares of the transportation company’s stock worth $28,000 after purchasing an additional 84 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Saia during the 4th quarter worth about $36,000. Torren Management LLC acquired a new stake in shares of Saia during the 4th quarter worth about $40,000. Finally, Larson Financial Group LLC lifted its holdings in Saia by 1,612.5% during the 4th quarter. Larson Financial Group LLC now owns 137 shares of the transportation company’s stock valued at $45,000 after purchasing an additional 129 shares during the last quarter.
Saia Stock Performance Shares of NASDAQ SAIA opened at $362.15 on Friday. The stock has a 50 day moving average price of $405.76 and a 200 day moving average price of $407.34. Saia, Inc. has a 52 week low of $249.32 and a 52 week high of $494.71. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market capitalization of $9.66 billion, a PE ratio of 34.96, a price-to-earnings-growth ratio of 1.62 and a beta of 2.14.
Saia (NASDAQ:SAIA – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The transportation company reported $3.51 EPS for the quarter, beating the consensus estimate of $3.38 by $0.13. Saia had a return on equity of 10.21% and a net margin of 8.19%.The company had revenue of $956.49 million during the quarter, compared to the consensus estimate of $956.20 million. During the same quarter in the prior year, the firm posted $2.67 EPS. The firm’s revenue for the quarter was up 17.1% compared to the same quarter last year. Analysts predict that Saia, Inc. will post 11.44 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth Several equities analysts have issued reports on SAIA shares. Wells Fargo & Company cut their price objective on Saia from $490.00 to $400.00 and set an “equal weight” rating for the company in a research report on Friday, July 31st. Raymond James Financial decreased their target price on Saia from $477.00 to $475.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Morgan Stanley lowered their target price on Saia from $295.00 to $285.00 and set an “underweight” rating for the company in a research note on Friday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $476.00 price target on shares of Saia in a report on Thursday, July 30th. Finally, Stifel Nicolaus upgraded shares of Saia from a “hold” rating to a “buy” rating and set a $438.00 price target on the stock in a research report on Friday, July 31st. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $449.67.
Get Our Latest Analysis on Saia
Saia Company Profile (Free Report)
Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.
The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.
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Shares of Saia, Inc. (NASDAQ: SAIA - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-one brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and thirteen have given a buy recommendation to the company.
JOHNS CREEK, Ga., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is proud to announce the recipients of its 2026 scholarship program, awarding $75,000 to students pursuing higher education. The annual program provides financial assistance to eligible employees and their dependents.
This year's recipients include employees and dependents from across Saia's nationwide network. Honorees were chosen for achievements that reflect a strong commitment to education, leadership and service. Since its inception, the program has awarded more than $800,000 in scholarships to over 350 recipients.
The following students were each awarded a scholarship:
Alley Barry of Conover, North CarolinaAmanda Valdes of Homestead, FloridaAngelina Lozano of Fate, TexasAnnalise Carrasquillo of Fort Lauderdale, FloridaBrandon Kennedy of Waskom, TexasBrianna Shill of Draper, UtahDalton Jackson of Roseboro, North CarolinaDelmy Zelaya of Spring, TexasJayden Rios of Tucson, ArizonaJeffrey Mayer-Hodge of Reno, Nevada
Kaitlyn Fall of Jackson, MichiganKaycie Hollrah of St. Charles, MissouriRyker Berry of Nederland, TexasNorbert Krajewski of Inverness, FloridaNyera Wilson of Ladson, South CarolinaShane Thoma of Wellsburg, West VirginiaSofia Banuelos-Escamilla of Henderson, NevadaTaylor Brockman of West Palm Beach, FloridaTristyn Leger of Lafayette, Louisiana
"I want to congratulate this year's scholarship recipients for their outstanding accomplishments," said President and CEO Fritz Holzgrefe. "These students have demonstrated a strong commitment to academic excellence, leadership and serving their communities. We are proud to support them as they continue their educational journeys and look forward to seeing all they accomplish in the future."
Applications are reviewed by an independent selection committee, which considers each applicant's essay quality, communication skills and letters of recommendation, among other factors. The scholarship program reflects Saia's ongoing commitment to investing in its people and their families while supporting the next generation of leaders.
About Saia, Inc.
Saia, Inc. (NASDAQ: SAIA) is a full-service freight and logistics provider with a national footprint built to deliver reliable, flexible shipping solutions. With industry-leading operations and a strong emphasis on the customer experience, the company helps keep freight - and businesses - moving. Saia offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation, and other logistics services. Headquartered in Johns Creek, Georgia, the company operates 218 terminals providing national service. Saia has repeatedly been recognized for its people-centric, safety-driven, and sustainability-minded focus. For more information on Saia, Inc., visit Saia.com. For more information, contact:
On August 13, 2026, Saia Inc (SAIA) shares rose 4.3% to a current price of $380.22, within a 52-week range of $249.32 to $494.71. This recent uptick follows a c
The customer-driven recognition highlights excellence in National LTL and Expedited transportation services The customer-driven recognition highlights excellence in National LTL and Expedited transportation services
Amundi reduced its holdings in Saia, Inc. (NASDAQ:SAIA – Free Report) by 18.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,314 shares of the transportation company’s stock after selling 9,044 shares during the period. Amundi owned 0.15% of Saia worth $14,162,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in SAIA. California State Teachers Retirement System increased its position in Saia by 23.1% during the first quarter. California State Teachers Retirement System now owns 30,917 shares of the transportation company’s stock worth $10,861,000 after buying an additional 5,810 shares during the last quarter. Royal Bank of Canada lifted its holdings in Saia by 14.0% during the 1st quarter. Royal Bank of Canada now owns 55,800 shares of the transportation company’s stock worth $19,601,000 after purchasing an additional 6,872 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Saia by 0.6% during the first quarter. The Manufacturers Life Insurance Company now owns 18,637 shares of the transportation company’s stock worth $6,547,000 after buying an additional 109 shares in the last quarter. Maverick Capital Ltd. bought a new stake in shares of Saia in the first quarter valued at about $1,416,000. Finally, Quantinno Capital Management LP grew its stake in shares of Saia by 58.5% in the first quarter. Quantinno Capital Management LP now owns 9,310 shares of the transportation company’s stock valued at $3,271,000 after acquiring an additional 3,436 shares in the last quarter.
Saia Price Performance SAIA stock opened at $374.33 on Wednesday. The company has a market capitalization of $9.98 billion, a P/E ratio of 36.13, a PEG ratio of 1.64 and a beta of 2.14. The company has a fifty day moving average price of $433.86 and a 200-day moving average price of $406.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.58 and a current ratio of 1.58. Saia, Inc. has a 52-week low of $249.32 and a 52-week high of $494.71.
Saia (NASDAQ:SAIA – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The transportation company reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.13. The business had revenue of $956.49 million during the quarter, compared to the consensus estimate of $956.20 million. Saia had a return on equity of 10.21% and a net margin of 8.19%.Saia’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.67 earnings per share. As a group, equities analysts expect that Saia, Inc. will post 11.35 EPS for the current year.
Wall Street Analysts Forecast Growth A number of research firms have commented on SAIA. UBS Group lowered their price objective on Saia from $527.00 to $504.00 and set a “buy” rating on the stock in a research note on Friday. BMO Capital Markets upped their price objective on shares of Saia from $450.00 to $470.00 and gave the stock a “market perform” rating in a research report on Thursday, June 4th. Evercore upgraded shares of Saia from an “in-line” rating to an “outperform” rating in a research note on Wednesday, July 1st. Jefferies Financial Group raised their target price on shares of Saia from $500.00 to $550.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Finally, Raymond James Financial cut their price target on shares of Saia from $477.00 to $475.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $449.67.
Check Out Our Latest Analysis on SAIA
About Saia (Free Report)
Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.
The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.
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California State Teachers Retirement System boosted its position in Saia, Inc. (NASDAQ:SAIA – Free Report) by 23.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,917 shares of the transportation company’s stock after buying an additional 5,810 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Saia worth $10,861,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in SAIA. Royal Bank of Canada boosted its holdings in Saia by 14.0% during the first quarter. Royal Bank of Canada now owns 55,800 shares of the transportation company’s stock valued at $19,601,000 after purchasing an additional 6,872 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Saia by 0.6% in the first quarter. The Manufacturers Life Insurance Company now owns 18,637 shares of the transportation company’s stock worth $6,547,000 after purchasing an additional 109 shares in the last quarter. Maverick Capital Ltd. acquired a new position in Saia during the 1st quarter worth about $1,416,000. Quantinno Capital Management LP increased its holdings in shares of Saia by 58.5% in the first quarter. Quantinno Capital Management LP now owns 9,310 shares of the transportation company’s stock valued at $3,271,000 after purchasing an additional 3,436 shares in the last quarter. Finally, SummitTX Capital L.P. increased its position in Saia by 1.1% in the first quarter. SummitTX Capital L.P. now owns 20,040 shares of the transportation company’s stock worth $7,040,000 after purchasing an additional 219 shares during the period.
Saia Price Performance SAIA opened at $360.10 on Tuesday. Saia, Inc. has a 1 year low of $249.32 and a 1 year high of $494.71. The firm’s fifty day moving average price is $435.73 and its two-hundred day moving average price is $406.12. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.58. The company has a market capitalization of $9.60 billion, a price-to-earnings ratio of 34.76, a P/E/G ratio of 1.64 and a beta of 2.14.
Saia (NASDAQ:SAIA – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The transportation company reported $3.51 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.13. Saia had a return on equity of 10.21% and a net margin of 8.19%.The business had revenue of $956.49 million during the quarter, compared to analyst estimates of $956.20 million. During the same period in the prior year, the company earned $2.67 earnings per share. Saia’s revenue was up 17.1% compared to the same quarter last year. As a group, analysts anticipate that Saia, Inc. will post 11.4 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In A number of analysts recently commented on SAIA shares. Weiss Ratings upgraded shares of Saia from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Susquehanna upped their price objective on Saia from $465.00 to $470.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Citigroup upgraded Saia from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $524.00 to $488.00 in a report on Thursday, July 9th. Raymond James Financial decreased their price target on Saia from $477.00 to $475.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Finally, Wall Street Zen raised Saia from a “sell” rating to a “hold” rating in a research note on Monday, May 4th. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Saia currently has an average rating of “Moderate Buy” and a consensus target price of $453.28.
Check Out Our Latest Stock Analysis on Saia
Saia Profile (Free Report)
Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.
The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.
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Forget Airlines—These Trucking Stocks Are Shifting Into High GearSaia NASDAQ: SAIA reported record second-quarter revenue as higher shipment volumes, improved pricing and mix management, and continued network investments supported earnings growth and a better operating ratio.
Revenue for the second quarter of 2026 rose 17.1% year over year to a record $956.5 million. Operating income increased 26% to $125 million, while the operating ratio improved to 86.9% from 87.8% in the prior-year quarter. Diluted earnings per share rose 31.5% to $3.51.
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3 Trucking Stocks Getting Big Analyst Upgrades NowPresident and Chief Executive Officer Fritz Holzgrefe said the quarter reflected the company’s execution, service consistency, and investments in its network, equipment, technology, and employees. “More than ever before, customers are choosing Saia,” he said.
Volume, Pricing and Mix Trends Shipments per workday increased 4.4% in the second quarter, while tonnage per workday increased 8.4%. Weight per shipment rose 3.9% year over year and improved 4.9% sequentially from the first quarter, extending a monthly improvement trend that had continued for seven consecutive months exiting the quarter.
Why Goldman Sachs Suddenly Boosted These 3 Trucking StocksRevenue per shipment, excluding fuel surcharge, increased 1.5% to $303.12. Saia said pricing and mix management contributed to the result, despite continued headwinds from lower shipment activity in its Los Angeles region, historically one of its highest-revenue-per-shipment markets. Shipments per workday in that region were down about 2.5% year over year during the quarter.
Chief Financial Officer Matthew Batteh said revenue per shipment excluding fuel surcharge improved during the quarter, with June up about 4% from April and from June 2025. Contractual renewals increased 10.7% in June and for the full quarter. The company implemented a 7.1% general rate increase in early July.
Saia attributed a 2.2% decline in yield excluding fuel surcharge primarily to the higher weight per shipment. Adjusting for the weight increase, a 0.6% decline in length of haul, and Los Angeles-region mix effects, Batteh said core yield excluding fuel surcharge rose about 3% from a year earlier.
In July, shipments per workday were tracking up about 1% and tonnage per workday was up about 7.5%, with several days remaining in the month. Batteh said the July rate increase contributed to some shipment volatility, which the company has historically seen following such actions.
Costs, Operating Ratio and Outlook Total operating expenses increased 15.8% from the prior-year quarter, below the 17.1% revenue increase. Salaries, wages and benefits increased 11.1%, driven by higher employee hours, increased compensation associated with operating performance, and an October 2025 company-wide wage increase. Headcount at quarter-end was down 1% year over year, while headcount excluding line-haul drivers declined 1.7%.
Purchase transportation expense increased 47.3% year over year and represented 8.9% of revenue, compared with 7.1% a year earlier. The increase reflected higher freight volumes, more use of rail, disciplined headcount management, and higher diesel costs included in transportation rates. Fuel expense rose 49.6%, largely due to a 50.3% increase in national average diesel prices, while company line-haul miles increased 3.2%.
For the third quarter, management expects approximately 100 basis points of sequential operating-ratio deterioration, assuming fuel prices remain near current levels and shipment trends follow normal seasonality. Batteh said that would be better than Saia’s historical seasonal pattern of a 150- to 200-basis-point deterioration from the second to third quarter. He noted that the company’s third-quarter comparison includes two wage increases, including one implemented July 1.
For the full year, Batteh said Saia still believes it can achieve about 100 basis points of operating-ratio improvement, though the outcome will depend on demand trends during the second half.
Network Expansion and Service Initiatives Saia opened five new terminals during the second quarter. Terminals opened in 2023 and 2024 operated in the low-90s operating-ratio range and improved by nearly 300 basis points from the prior-year quarter, according to Batteh. Management said those facilities still have room to mature as the company adds customer density and expands business in newer markets.
Since 2022, Saia has deployed about $1 billion in real estate investments, adding 33 terminals and relocating or expanding more than 25 others. Those investments increased operational door count by roughly 25%. The company also invested about $1 billion in its fleet since 2022, increasing tractor and trailer counts by 20%.
Holzgrefe said the company ended the second quarter with 26% more line-haul drivers than at the end of the second quarter of 2022, while maintaining disciplined staffing levels. He said Saia’s Driver Academy and ability to offer drivers home-daily work support recruiting and retention efforts.
The company also introduced its Saia REV initiative, short for Rapid, Expanded, and Visible. The program includes more than 2,000 transit-time improvements, automated guaranteed 10 a.m. delivery service, and expanded real-time shipment tracking, updated estimated arrival times, and predictive shipment information.
Service metrics improved during the quarter, according to management. Saia recorded a cargo claims ratio of 0.3%, while average customer inquiry handling time improved 50% one year after customer service operations were decentralized. Miles between preventable accidents improved by more than 45% year over year, and hours between lost-time injuries improved 17%.
Saia ended the quarter with $84 million in cash and $100 million in total debt after paying down its revolver balance. Holzgrefe said the company expects continuing operating cash flow improvement to support additional investments in its network.
About Saia (NASDAQ:SAIA)Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.
The company's core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Saia (SAIA - Free Report) came out with quarterly earnings of $3.51 per share, beating the Zacks Consensus Estimate of $3.34 per share. This compares to earnings of $2.67 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.09%. A quarter ago, it was expected that this trucking company would post earnings of $1.82 per share when it actually produced earnings of $1.86, delivering a surprise of +2.2%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Saia, which belongs to the Zacks Transportation - Truck industry, posted revenues of $956.49 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.19%. This compares to year-ago revenues of $817.11 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Saia shares have added about 20.8% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Saia?While Saia has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Saia was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.42 on $961.5 million in revenues for the coming quarter and $11.46 on $3.6 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Transportation - Truck is currently in the top 2% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Global Crossing Airlines Group Inc. (JETMF - Free Report) , another stock in the broader Zacks Transportation sector, has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of +500%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Global Crossing Airlines Group Inc.'s revenues are expected to be $74.19 million, up 20.9% from the year-ago quarter.
Saia (SAIA - Free Report) reported $956.49 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 17.1%. EPS of $3.51 for the same period compares to $2.67 a year ago.
The reported revenue represents a surprise of -0.19% over the Zacks Consensus Estimate of $958.29 million. With the consensus EPS estimate being $3.34, the EPS surprise was +5.09%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Saia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating Ratio: 86.9% versus 87.3% estimated by four analysts on average.LTL (Less-Than-Truckload) Shipments: 2,361 compared to the 2,372 average estimate based on two analysts.LTL pounds/shipment: 1,448 versus the two-analyst average estimate of 1,436.LTL revenue/cwt., excluding fuel surcharge: $20.94 compared to the $21.69 average estimate based on two analysts.LTL (Less-Than-Truckload) Tonnage: 1,709.00 KTon compared to the 1,702.82 KTon average estimate based on two analysts.LTL (Less-Than-Truckload) Revenue Per Hundredweight (CWT): $27.18 versus $27.43 estimated by two analysts on average.View all Key Company Metrics for Saia here>>>
Shares of Saia have returned -5.7% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
JOHNS CREEK, Ga., July 30, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA) today reported second quarter 2026 financial results. Diluted earnings per share for the quarter were $3.51 compared to $2.67 in the second quarter of 2025.
Highlights from the second quarter operating results were as follows:
Second Quarter 2026 Compared to Second Quarter 2025 Results
Revenue was $956.5 million, a 17.1% increaseOperating income was $125.2 million, a 26.0% increaseOperating ratio of 86.9% compared to 87.8%LTL shipments per workday increased 4.4%LTL tonnage per workday increased 8.4%LTL revenue per hundredweight, excluding fuel surcharge revenue, decreased 2.2%LTL revenue per shipment, excluding fuel surcharge revenue, increased 1.5%
Saia President and CEO, Fritz Holzgrefe, commented on the quarter stating, “Our strong second quarter results highlight the continued enhancement of our expanded service offering, disciplined execution and the commitment of our team members. We achieved record revenue and tonnage, along with a second-quarter record in shipments, reflecting solid growth across our network. At the same time, we maintained our disciplined focus on execution, as demonstrated by a record-low claims ratio of 0.3%. The team's ability to generate strong operating results while continuing our focus on supporting our customers and integrating network growth initiatives continues to differentiate Saia in the marketplace.”
Executive Vice President and CFO, Matt Batteh, noted that, “The quarter's results were driven by continued focus on pricing and mix optimization, healthy volume trends and strong operational execution. Our expanded network enables us to provide more solutions to customers, which helped drive record top line revenue and improved operating income compared to last year. We remain focused on core execution, which will continue to create long-term value for our shareholders.”
Financial Position and Capital Expenditures
Saia ended the second quarter of 2026 with $84.0 million of cash on hand and total debt of $100.1 million, which compares to $18.8 million of cash on hand and total debt of $309.1 million at June 30, 2025.
Net capital expenditures were $158.0 million during the first six months 2026, compared to $375.6 million in net capital expenditures during the first six months of 2025. In 2026, we anticipate that net capital expenditures will be approximately $350 million to $400 million, subject to ongoing evaluation of market conditions.
Conference Call
Management will hold a conference call to discuss quarterly results today at 10:00 a.m. Eastern Time. To participate in the call, please dial 1-833-890-5317 and request to join the Saia, Inc. call. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the Company website at www.saia.com/about-us/investor-relations/financial-releases. A replay of the call will be offered two hours after the completion of the call through August 30, 2026 at 11:59 P.M. Eastern Time. The replay will be available by dialing 1-855-669-9658 referencing conference ID #4952046.
Saia, Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation and other logistics services. With headquarters in Georgia, Saia LTL Freight operates 218 terminals with national service. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com/about-us/investor-relations.
The Securities and Exchange Commission encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This news release may contain these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “may,” “plan,” “predict,” “believe,” “should,” “potential” and similar words or expressions are intended to identify forward-looking statements. Investors should not place undue reliance on forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. All forward-looking statements reflect the present expectation of future events of our management as of the date of this news release and are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors, risks, uncertainties and assumptions include, but are not limited to, (1) general economic conditions including downturns or inflationary periods in the business cycle; (2) operation within a highly competitive industry and the adverse impact from downward pricing pressures, including in connection with fuel surcharges, and other factors; (3) industry-wide external factors largely out of our control; (4) cost and availability of qualified drivers, dock workers, mechanics and other employees, purchased transportation and fuel; (5) inflationary increases in expenses and corresponding reductions of profitability; (6) cost and availability of diesel fuel and fuel surcharges; (7) cost and availability of insurance coverage and claims expenses and other expense volatility, including for personal injury, cargo loss and damage, workers’ compensation, employment and group health plan claims; (8) failure to successfully execute the strategy to expand our service geography; (9) unexpected liabilities resulting from the acquisition of real estate assets; (10) costs and liabilities from the disruption in or failure of our technology or equipment essential to our operations, including as a result of cyber incidents, security breaches, malware or ransomware attacks; (11) risks arising from remote work, including increased risk of related cybersecurity incidents; (12) failure to keep pace with technological developments; (13) liabilities and costs arising from the use of artificial intelligence; (14) labor relations, including the adverse impact should a portion of our workforce become unionized; (15) cost, availability and resale value of real property and revenue equipment; (16) supply chain disruption and delays on new equipment delivery; (17) changes in U.S. trade policy and the impact of tariffs; (18) capacity and highway infrastructure constraints; (19) risks arising from international business operations and relationships; (20) seasonal factors, harsh weather and disasters caused by climate change; (21) the creditworthiness of our customers and their ability to pay for services; (22) our need for capital and uncertainty of the credit markets; (23) the possibility of defaults under our debt agreements, including violation of financial covenants; (24) inaccuracies and changes to estimates and assumptions used in preparing our financial statements; (25) dependence on key employees; (26) employee turnover from changes to compensation and benefits or market factors; (27) increased costs of healthcare benefits; (28) damage to our reputation from adverse publicity, including from the use of or impact from social media; (29) failure to achieve acquisition synergies or disruption to our business due to such acquisitions; (30) the effect of litigation and class action lawsuits arising from the operation of our business, including the possibility of claims or judgments in excess of our insurance coverages or that result in increases in the cost of insurance coverage or that preclude us from obtaining adequate insurance coverage in the future; (31) the potential of higher corporate taxes and new regulations, including with respect to climate change, employment and labor law, healthcare and securities regulation; (32) unforeseen costs from new and existing data privacy laws; (33) the effect of governmental regulations, including hours of service and licensing compliance for drivers, engine emissions, the Compliance, Safety, Accountability (CSA) initiative, regulations of the Food and Drug Administration and Homeland Security, and healthcare and environmental regulations; (34) changes in accounting and financial standards or practices; (35) widespread outbreak of an illness or any other communicable disease; (36) international conflicts and geopolitical instability; (37) evolving stakeholder expectations regarding environmental and social issues; (38) government shutdown or failure to fund services; (39) provisions in our governing documents and Delaware law that may have anti-takeover effects; (40) issuances of equity that would dilute stock ownership; (41) weakness, disruption or loss of confidence in financial or credit markets; and (42) other financial, operational and legal risks and uncertainties detailed from time to time in the Company’s SEC filings.
As a result of these and other factors, no assurance can be given as to our future results and achievements. Accordingly, a forward-looking statement is neither a prediction nor a guarantee of future events or circumstances and those future events or circumstances may not occur. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this news release. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
CONTACT:Saia, Inc. Matthew Batteh Executive Vice President and Chief Financial Officer [email protected] Saia, Inc. and SubsidiariesCondensed Consolidated Balance Sheets(Amounts in thousands)(Unaudited) June 30, 2026 December 31, 2025Assets Current Assets: Cash and cash equivalents $84,014 $19,720 Accounts receivable, net 423,841 332,206 Prepaid expenses and other 79,791 82,630 Total current assets 587,646 434,556 Property and Equipment: Cost 4,385,988 4,259,438 Less: accumulated depreciation 1,481,142 1,415,087 Net property and equipment 2,904,846 2,844,351 Operating Lease Right-of-Use Assets 177,513 150,301 Other Assets 54,955 53,473 Total assets $3,724,960 $3,482,681 Liabilities and Stockholders' Equity Current Liabilities: Accounts payable $164,842 $107,424 Wages, vacation and employees' benefits 92,162 50,723 Other current liabilities 83,463 78,362 Current portion of long-term debt 124 980 Current portion of operating lease liability 30,312 27,895 Total current liabilities 370,903 265,384 Other Liabilities: Long-term debt, less current portion 100,000 163,000 Operating lease liability, less current portion 138,755 113,119 Deferred income taxes 299,531 284,370 Claims, insurance and other 89,043 79,109 Total other liabilities 627,329 639,598 Stockholders' Equity: Common stock 27 27 Additional paid-in capital 313,245 307,605 Deferred compensation trust (9,828) (9,088) Retained earnings 2,423,284 2,279,155 Total stockholders' equity 2,726,728 2,577,699 Total liabilities and stockholders' equity $3,724,960 $3,482,681 Saia, Inc. and SubsidiariesCondensed Consolidated Statements of OperationsFor the Quarters and Six Months Ended June 30, 2026 and 2025(Amounts in thousands, except per share data)(Unaudited) Second Quarter Six Months 2026 2025 2026 2025 Operating Revenue $956,494 $817,115 $1,762,720 $1,604,690 Operating Expenses: Salaries, wages and employees' benefits 434,385 390,975 827,681 780,231 Purchased transportation 84,980 57,699 149,308 117,548 Fuel, operating expenses and supplies 198,743 161,634 372,232 328,305 Operating taxes and licenses 22,438 22,014 44,670 42,451 Claims and insurance 24,409 22,826 47,311 44,371 Depreciation and amortization 64,181 62,546 126,371 121,589 Other operating losses, net 2,146 22 3,129 628 Total operating expenses 831,282 717,716 1,570,702 1,435,123 Operating Income 125,212 99,399 192,018 169,567 Nonoperating (Income) Expenses: Interest expense 2,048 4,742 4,622 9,027 Interest income (317) (34) (380) (73) Other, net (1,994) (873) (2,734) (516) Nonoperating expenses, net (263) 3,835 1,508 8,438 Income Before Income Taxes 125,475 95,564 190,510 161,129 Income Tax Provision 31,215 24,173 46,381 39,928 Net Income $94,260 $71,391 $144,129 $121,201 Weighted average common shares outstanding - basic 26,779 26,739 26,771 26,730 Weighted average common shares outstanding - diluted 26,833 26,785 26,822 26,782 Basic earnings per share $3.52 $2.67 $5.38 $4.53 Diluted earnings per share $3.51 $2.67 $5.37 $4.53 Saia, Inc. and SubsidiariesCondensed Consolidated Statements of Cash FlowsFor the six months ended June 30, 2026 and 2025(Amounts in thousands)(Unaudited) Six Months 2026 2025 Operating Activities: Net cash provided by operating activities $291,231 $279,815 Net cash provided by operating activities 291,231 279,815 Investing Activities: Acquisition of property and equipment (161,063) (377,540) Proceeds from disposal of property and equipment 3,041 1,967 Other – (8,394) Net cash used in investing activities (158,022) (383,967) Financing Activities: Borrowing (repayment) of revolving credit facility, net (63,000) 113,000 Proceeds from stock option exercises 427 2,463 Shares withheld for taxes (5,486) (7,744) Other financing activity (856) (4,203) Net cash (used in) provided by financing activities (68,915) 103,516 Net Increase (Decrease) in Cash and Cash Equivalents 64,294 (636) Cash and Cash Equivalents, beginning of period 19,720 19,473 Cash and Cash Equivalents, end of period $84,014 $18,837 Saia, Inc. and SubsidiariesFinancial InformationFor the Quarters Ended June 30, 2026 and 2025(Unaudited) Second Quarter Second Quarter % Amount/Workday % 2026 2025 Change 2026 2025 ChangeWorkdays 64 64 Operating ratio 86.9% 87.8% LTL tonnage (1) 1,709 1,576 8.4 26.70 24.63 8.4LTL shipments (1) 2,361 2,261 4.4 36.89 35.33 4.4LTL revenue/cwt.$27.18 $25.20 7.9 LTL revenue/cwt., excluding fuel surcharge$20.94 $21.42 (2.2) LTL revenue/shipment$393.56 $351.36 12.0 LTL revenue/shipment, excluding fuel surcharge$303.12 $298.71 1.5 LTL pounds/shipment 1,448 1,394 3.9 LTL average length of haul (2) 888 893 (0.6) (1)In thousands. (2)In miles. Note:LTL operating statistics exclude transportation and logistics services where pricing is generally not determined by weight. The LTL operating statistics also exclude the adjustment required for financial statement purposes in accordance with the Company's revenue recognition policy.
Saia transitions from heavy capital expansion to harvesting, positioning for increased free cash flow and potential capital returns. With capex forecasted at $350–$400 million for 2026, even modest reductions directly and significantly boost FCF, enabling buybacks or dividends. SAIA's valuation appears rich, but industry peers are similarly priced; a conservative price target of $446.34 implies 4.7% upside.
Wall Street expects a year-over-year increase in earnings on higher revenues when Saia (SAIA - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis trucking company is expected to post quarterly earnings of $3.34 per share in its upcoming report, which represents a year-over-year change of +25.1%.
Revenues are expected to be $958.29 million, up 17.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.5% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Saia?For Saia, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Saia will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Saia would post earnings of $1.82 per share when it actually produced earnings of $1.86, delivering a surprise of +2.20%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Saia doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Transportation - Truck industry, ArcBest (ARCB - Free Report) , is soon expected to post earnings of $2.3 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +69.1%. Revenues for the quarter are expected to be $1.19 billion, up 16.8% from the year-ago quarter.
The consensus EPS estimate for ArcBest has been revised 16.6% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.33%.
When combined with a Zacks Rank of #1 (Strong Buy), this Earnings ESP makes it difficult to conclusively predict that ArcBest will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
JOHNS CREEK, Ga., July 01, 2026 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is proud to serve as the primary sponsor of Christopher Bell and the No. 20 Joe Gibbs Racing (JGR) Toyota Camry XSE during NASCAR’s return to Chicagoland Speedway over the Fourth of July weekend.
Featuring a patriotic paint scheme inspired by the holiday, the No. 20 Toyota will take to the track on July 5 as NASCAR fans gather to celebrate America’s independence and one of the sport’s most anticipated summer race weekends.
For Saia, the event represents more than a race sponsorship. The holiday provides an opportunity to recognize the men and women who serve their communities every day, from military members and veterans to the professional drivers who help keep America’s supply chain moving.
"Fourth of July weekend is a time to celebrate the values that bring people together, hard work, dedication and service," said Saia Executive Vice President and Chief Customer Officer at Saia Ray Ramu. "Those values are reflected both in the NASCAR community and throughout Saia's network. We're excited to partner with Christopher Bell and JGR at Chicagoland Speedway while also recognizing the organizations and individuals who make a difference in communities across the country."
Saia has a long-standing commitment to supporting veterans, both through hiring military veterans and by investing in organizations that honor their service. Among these efforts is the company's ongoing partnership with Wreaths Across America, through which Saia employees help transport and deliver wreaths to veterans' cemeteries across the country.
The Chicagoland Speedway event marks Saia's lone primary sponsorship race with Bell during the 2026 NASCAR Cup Series season as part of the company's partnership with JGR, which includes seven races with Ty Gibbs and the No. 54 team, reflecting the company's commitment to performance, reliability and continuous improvement, values that drive both organizations on and off the track.
For more information about Saia and its freight and logistics capabilities, visit saia.com.
About Saia Inc.
Saia, Inc. (NASDAQ: SAIA) is a full-service freight and logistics provider with a national footprint built to deliver reliable, flexible shipping solutions. With industry-leading operations and a strong emphasis on the customer experience, the company helps keep freight - and businesses - moving. Saia offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation, and other logistics services. Headquartered in Johns Creek, Georgia, the company operates 218 terminals providing national service. Saia has repeatedly been recognized for its people-centric, safety-driven, and sustainability-minded focus. For more information on Saia, Inc., visit Saia.com.
For more information, contact:
Jeannie S. Jump
Saia Senior Marketing and Corporate Affairs Specialist
Phone: 770-232-4069 · E-mail: [email protected]
JOHNS CREEK, Ga., June 30, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA) announced that it will release its quarterly financial results before the market opens on Thursday, July 30th. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time.
To participate in the call, please dial 1-833-890-5317 and request to join the Saia, Inc. call. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the company website at https://www.saia.com/about-us/investor-relations/financial-releases. A replay of the call will be offered two hours after the completion of the call through August 30, 2026 at 11:59 P.M. Eastern Time. The replay will be available by dialing 1-855-669-9658 referencing conference ID #4952046.
Saia, Inc. (Nasdaq: SAIA) offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation and other logistics services. With headquarters in Georgia, Saia LTL Freight operates 218 terminals with national service. For more information on Saia, Inc. visit the Investor Relations section at https://www.saia.com/about-us/investor-relations
CONTACT: Saia, Inc.
Matthew Batteh
Executive Vice President and Chief Financial Officer [email protected]
JOHNS CREEK, Ga., June 25, 2026 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) a leading provider of less-than-truckload (LTL) transportation services, today announced the launch of Saia REV, a new company-wide initiative focused on delivering faster transit times, expanded logistics capabilities and enhanced shipment visibility for customers across North America.
REV, which stands for Rapid, Expanded and Visible, launches this month and brings together a series of strategic investments in technology and Saia’s network, which are designed to help customers’ freight move with greater speed, flexibility and confidence.
The initiative reflects Saia’s continued investment in network optimization, technology, and the customer experience as shipper expectations continue evolving toward greater speed, predictability, and transparency.
“REV is about giving customers more ways to move freight, faster routes across key lanes, and a better overall shipping experience,” said Saia Executive Vice President and Chief Customer Officer Ray Ramu. “Customers need transportation partners that can deliver confidence through dependable service. By investing in technology and our network, we’re continuing to improve their experience - from pickup through delivery.”
As part of the REV rollout, Saia is implementing several improvements:
Faster Transit Times
Saia has made significant investments in technology, network optimization, and its linehaul operations to support faster, more consistent transit times and enable many of the service enhancements being introduced. More than 2,000 transit time improvements across its network will create faster service across key lanes, allowing reductions from five-day to four-day service, four-day to three-day service, and, in some cases, even faster transit schedules.
Enhanced Delivery
Because of the consistency of its transit time performance, Saia has automated its Guaranteed 10 a.m. delivery service, further strengthening its existing guaranteed offerings with increased delivery precision to support an earlier delivery window. While other carriers offer morning delivery as a custom solution, Saia is offering a standard guaranteed 10 a.m. service, which is the earliest by any nationwide LTL carrier in the industry. The company is also introducing a unified expedited service designed for time-sensitive shipments that require additional support.
“Customers increasingly need both speed and predictability because their operations depend on it,” Ramu added. “That commitment is reflected in Saia’s 0.50% cargo claims performance, which also demonstrates the predictability, and care customers can expect when their freight moves through our network. Truly every investment has been made to create a more reliable and seamless transportation experience for our shippers - from pickup through final delivery.”
Greater Shipment Visibility
Another key component of REV is the launch of a new track-and-trace experience that delivers turn-by-turn visibility throughout a shipment’s entire journey - from assigned pickup through final delivery - not just at dispatch. The platform will offer customers dynamic, real-time shipment tracking, updated ETAs, and integrated communication tools designed to improve transparency.
In addition, Saia’s continued investment in digital tools is giving customers a more complete view of their shipping activity, including predictive insights that help anticipate accessorial needs such as liftgate service or limited-access deliveries. At the same time, Saia.com is being refreshed to better reflect the company’s growing capabilities and the customer experience it delivers.
REV also expands the role of Saia Logistics as part of Saia’s broader strategy to provide more comprehensive transportation and logistics support beyond traditional LTL services. Earlier this year, Saia rebranded LinkEx, its full-service third-party logistics (3PL) and supply chain management company, to Saia Logistics to better align its portfolio of logistics solutions, including truckload brokerage, expedited shipping, warehousing, international freight forwarding, final mile delivery, and on-site transportation management services.
As part of the initiative, and to support the growing demand for complex delivery solutions, Saia Logistics is rolling out multiple, expanded final mile capabilities including:
Residential delivery,White glove service,Room-of-choice delivery,
Debris removal, andTwo-person delivery teams.
“REV brings the spirit of Saia’s ‘It’s a Yes’ campaign to life by expanding the ways the company can say yes to customers, whether that means faster transit times, enhanced visibility, broader logistics capabilities or more flexible service options,” said Ramu. “It reflects Saia’s ongoing investment in service enhancements, enabling technology and operational improvements that will continue evolving alongside customer needs and expectations.”
For more information about Saia, visit Saia.com.
About Saia Inc.
Saia, Inc. (NASDAQ: SAIA) is a full-service freight and logistics provider with a national footprint built to deliver reliable, flexible shipping solutions. With industry-leading operations and a strong emphasis on the customer experience, the company helps keep freight - and businesses - moving. Saia offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation, and other logistics services. Headquartered in Johns Creek, Georgia, the company operates 218 terminals providing national service. Saia has repeatedly been recognized for its people-centric, safety-driven, and sustainability-minded focus. For more information on Saia, Inc., visit Saia.com.
For more information, contact:
Jeannie S. Jump
Saia Senior Marketing and Corporate Affairs Specialist
Phone: 770-232-4069 · E-mail: [email protected]
JOHNS CREEK, Ga., June 19, 2026 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA), a leading provider of less-than-truckload (LTL) transportation services, announced the opening of two new terminals this month in Duluth, Minnesota, and Columbia, Missouri, as part of the company’s continued investment in expanding and strengthening its nationwide network.
The Duluth terminal opened earlier this month, while the Columbia facility officially began operations this week.
The new terminals give customers expanded access to Saia’s network across key Midwest markets, with stronger regional coverage, and added capacity to support growing shipping needs.
“These additions reflect our ongoing commitment to strategically growing our footprint where customers need reliable service and capacity most,” said Saia Executive Vice President of Operations Patrick Sugar. “By continuing to invest in our infrastructure, we’re able to create stronger connections across our network and support more efficient freight movement for our customers.”
The Duluth facility enhances Saia’s ability to serve northern Minnesota and surrounding markets, while the Columbia terminal strengthens connectivity throughout central Missouri and nearby Midwest freight corridors.
The openings also continue to build on the momentum of Saia’s “It’s a Yes” brand campaign launched earlier this year, reinforcing the company’s focus on responsive service, operational flexibility and customer-focused solutions.
“As Saia continues to expand, our priority remains delivering the consistent, dependable experience customers expect from our network,” added Sugar. “Each investment helps position us to better support customers today and into the future.”
For more information about Saia and its freight and logistics capabilities, visit saia.com.
About Saia Inc.
Saia Inc. (NASDAQ: SAIA) is a full-service freight and logistics provider with a national footprint built to deliver reliable, flexible shipping solutions. With industry-leading operations and a strong emphasis on the customer experience, the company helps keep freight - and businesses - moving. Saia offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation, and other logistics services. Headquartered in Johns Creek, Georgia, the company operates 218 terminals providing national service. Saia has repeatedly been recognized for its people-centric, safety-driven, and sustainability-minded focus. For more information on Saia Inc., visit saia.com.
For more information, contact:
Jeannie S. Jump
Senior Marketing and Corporate Affairs Specialist
Phone: 770-232-4069 Email: [email protected]
Saia (SAIA +2.17%) didn't take its investors for a pleasant ride this week. According to data compiled by S&P Global Market Intelligence, the trucking company's stock fell by nearly 13% over the period. Much of this was due to a recommendation downgrade from an analyst at a prominent bank.
Don't keep on trucking, analyst says That pundit was Citigroup's Ariel Rosa, who set the tone for Saia stock on Monday with his adjustment. He now rates the company's equity neutral, one peg down from his previous buy rating. Despite the downgrade, Rosa adjusted his price target upward, to $524 per share from $516.
Image source: Getty Images.
According to reports, Rosa expressed concern not only about Saia but also about the broader trucking segment of the transportation sector. In his view, investors have become overly bullish on such companies, leading to inflated stock prices.
For Saia specifically, while the company has growth potential, it's difficult to justify such a rich price at the moment.
Today's Change
(
2.17
%) $
9.26
Current Price
$
435.12
One tough competitor Rosa's new take came shortly after Amazon announced last Wednesday that it is significantly expanding its less-than-truckload (LTL) service. This alone is a major competitive threat, and at a stroke, it made trucking and other transportation stocks look overvalued. I'd expect further downward price pressure in the sector, so I'd leave Saia and its peers alone these days.
Citigroup is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.
JOHNS CREEK, Ga., March 30, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA) announced that it will release its quarterly financial results before the market opens on Thursday, April 30th. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time.
To participate in the call, please dial 1-833-890-5317 and request to join the Saia, Inc. call. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the company website at https://www.saia.com/about-us/investor-relations/financial-releases. A replay of the call will be offered two hours after the completion of the call through May 30, 2026 at 11:59 P.M. Eastern Time. The replay will be available by dialing 1-855-669-9658 referencing conference ID #7759155.
Saia, Inc. (Nasdaq: SAIA) offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation and other logistics services. With headquarters in Georgia, Saia LTL Freight operates 213 terminals with national service. For more information on Saia, Inc. visit the Investor Relations section at https://www.saia.com/about-us/investor-relations
CONTACT:Saia, Inc. Matthew Batteh Executive Vice President and Chief Financial Officer [email protected]
Investors looking for stocks in the Transportation - Truck sector might want to consider either ArcBest (ARCB - Free Report) or Saia (SAIA - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Right now, ArcBest is sporting a Zacks Rank of #2 (Buy), while Saia has a Zacks Rank of #3 (Hold). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that ARCB is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
ARCB currently has a forward P/E ratio of 21.09, while SAIA has a forward P/E of 33.46. We also note that ARCB has a PEG ratio of 0.70. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. SAIA currently has a PEG ratio of 1.91.
Another notable valuation metric for ARCB is its P/B ratio of 1.75. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, SAIA has a P/B of 3.66.
These metrics, and several others, help ARCB earn a Value grade of B, while SAIA has been given a Value grade of D.
ARCB is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that ARCB is likely the superior value option right now.
JOHNS CREEK, Ga., April 20, 2026 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) a leading provider of less-than-truckload (LTL) transportation services, announced the opening of its newest terminal in York, Pennsylvania, further enhancing the company’s growing network in the Northeast. The new facility commenced operations today.
The York terminal features 74 doors, expanding Saia’s capacity to support increased shipment volumes while improving transit times and service reliability for customers throughout central Pennsylvania and surrounding markets.
“Expanding our network in key markets like York allows us to better serve our customers with the speed, reliability and flexibility they expect from Saia,” said Saia Executive Vice President of Operations Patrick Sugar. “This new facility strengthens our Northeast coverage and positions us to support continued growth across the region.”
Strategically located to serve one of Pennsylvania’s key distribution corridors, the York terminal enhances connectivity between major metropolitan areas in the Mid-Atlantic and Northeast. The additional capacity will enable more efficient freight movement while supporting local and regional businesses with dependable LTL service.
The opening of the York facility reflects Saia’s ongoing commitment to thoughtfully expanding its nationwide network to meet customer demand and deliver best-in-class service.
For more information about Saia and its freight and logistics capabilities, visit Saia.com.
About Saia Inc.
Saia Inc. (NASDAQ: SAIA) is a full-service freight and logistics provider with a national footprint built to deliver reliable, flexible shipping solutions. With industry-leading operations and a strong emphasis on the customer experience, the company helps keep freight - and businesses - moving. Saia offers customers a wide range of less-than-truckload, non-asset truckload, expedited, and logistics services. Headquartered in Johns Creek, Georgia, the company operates 214 terminals across the country. Saia has repeatedly been recognized for its people-centric, safety-driven, and sustainability-minded focus. For more information on Saia Inc., visit Saia.com.
For more information, contact:
Jeannie S. Jump
Senior Marketing and Corporate Affairs Specialist
Phone: 770-232-4069 Email: [email protected]
Wall Street expects a year-over-year decline in earnings on flat revenues when Saia (SAIA - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on April 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis trucking company is expected to post quarterly earnings of $1.82 per share in its upcoming report, which represents a year-over-year change of -2.2%.
Revenues are expected to be $787.58 million, unchanged compared to the year-ago quarter..
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.16% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Saia?For Saia, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.06%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Saia will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Saia would post earnings of $1.9 per share when it actually produced earnings of $1.77, delivering a surprise of -6.84%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Saia doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Transportation - Truck industry, ArcBest (ARCB - Free Report) , is soon expected to post earnings of $0.27 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of -47.1%. This quarter's revenue is expected to be $993.63 million, up 2.8% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for ArcBest has been revised 0.5% down to the current level. Nevertheless, the company now has an Earnings ESP of -6.93%, reflecting a lower Most Accurate Estimate.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that ArcBest will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
JOHNS CREEK, Ga., April 30, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA) today reported first quarter 2026 financial results. For both the first quarter of 2026 and 2025 diluted earnings per share were $1.86.
Highlights from the first quarter operating results were as follows:
First Quarter 2026 Compared to First Quarter 2025 Results
Revenue was $806.2 million, a 2.4% increaseOperating income was $66.8 million, a 4.8% decreaseOperating ratio of 91.7% compared to 91.1%LTL shipments per workday increased 1.0%LTL tonnage per workday decreased 2.1%LTL revenue per hundredweight, excluding fuel surcharge revenue, increased 1.9%LTL revenue per shipment, excluding fuel surcharge revenue, decreased 1.2%
Saia President and CEO, Fritz Holzgrefe, commented on the quarter stating, “Our results reflected record first quarter revenue levels as customers increasingly continued to rely on our national network as volumes grew in March following a challenging January and February. As our national network continues to mature, I was pleased to see year-over-year improvements in our core efficiency metrics. We will continue to execute our long-term strategy of getting closer to the customer, providing a high level of service and driving price to compensate for the quality of service provided.”
Executive Vice President and CFO, Matt Batteh, noted that, “I was pleased with our team's ability to execute throughout the first quarter, especially in what was a highly dynamic operating environment. Our team's commitment to the customer remained paramount, evidenced by a first quarter claims ratio of 0.5%. Reinforced by our commitment to our customers, shipments grew in both legacy and ramping facilities compared to the prior year, and we remain excited about the further opportunities that a national network will provide.”
Financial Position and Capital Expenditures
Saia ended the first quarter of 2026 with $39.2 million of cash on hand and total debt of $112.8 million, which compares to $16.5 million of cash on hand and total debt of $295.5 million at March 31, 2025.
Net capital expenditures were $63.7 million during the first quarter of 2026, compared to $202.1 million in net capital expenditures in the first quarter of 2025. In 2026, we anticipate that net capital expenditures will be approximately $350 million to $400 million, subject to ongoing evaluation of market conditions.
Conference Call
Management will hold a conference call to discuss quarterly results today at 10:00 a.m. Eastern Time. To participate in the call, please dial 1-833-890-5317 and request to join the Saia, Inc. call. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the Company website at www.saia.com/about-us/investor-relations/financial-releases. A replay of the call will be offered two hours after the completion of the call through May 30, 2026 at 11:59 P.M. Eastern Time. The replay will be available by dialing 1-855-669-9658 referencing conference ID #7759155.
Saia, Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation and other logistics services. With headquarters in Georgia, Saia LTL Freight operates 214 terminals with national service. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com/about-us/investor-relations.
The Securities and Exchange Commission encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This news release may contain these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “may,” “plan,” “predict,” “believe,” “should,” “potential” and similar words or expressions are intended to identify forward-looking statements. Investors should not place undue reliance on forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. All forward-looking statements reflect the present expectation of future events of our management as of the date of this news release and are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors, risks, uncertainties and assumptions include, but are not limited to, (1) general economic conditions including downturns or inflationary periods in the business cycle; (2) operation within a highly competitive industry and the adverse impact from downward pricing pressures, including in connection with fuel surcharges, and other factors; (3) industry-wide external factors largely out of our control; (4) cost and availability of qualified drivers, dock workers, mechanics and other employees, purchased transportation and fuel; (5) inflationary increases in expenses and corresponding reductions of profitability; (6) cost and availability of diesel fuel and fuel surcharges; (7) cost and availability of insurance coverage and claims expenses and other expense volatility, including for personal injury, cargo loss and damage, workers’ compensation, employment and group health plan claims; (8) failure to successfully execute the strategy to expand our service geography; (9) unexpected liabilities resulting from the acquisition of real estate assets; (10) costs and liabilities from the disruption in or failure of our technology or equipment essential to our operations, including as a result of cyber incidents, security breaches, malware or ransomware attacks; (11) risks arising from remote work, including increased risk of related cybersecurity incidents; (12) failure to keep pace with technological developments; (13) liabilities and costs arising from the use of artificial intelligence; (14) labor relations, including the adverse impact should a portion of our workforce become unionized; (15) cost, availability and resale value of real property and revenue equipment; (16) supply chain disruption and delays on new equipment delivery; (17) changes in U.S. trade policy and the impact of tariffs; (18) capacity and highway infrastructure constraints; (19) risks arising from international business operations and relationships; (20) seasonal factors, harsh weather and disasters caused by climate change; (21) the creditworthiness of our customers and their ability to pay for services; (22) our need for capital and uncertainty of the credit markets; (23) the possibility of defaults under our debt agreements, including violation of financial covenants; (24) inaccuracies and changes to estimates and assumptions used in preparing our financial statements; (25) dependence on key employees; (26) employee turnover from changes to compensation and benefits or market factors; (27) increased costs of healthcare benefits; (28) damage to our reputation from adverse publicity, including from the use of or impact from social media; (29) failure to achieve acquisition synergies or disruption to our business due to such acquisitions; (30) the effect of litigation and class action lawsuits arising from the operation of our business, including the possibility of claims or judgments in excess of our insurance coverages or that result in increases in the cost of insurance coverage or that preclude us from obtaining adequate insurance coverage in the future; (31) the potential of higher corporate taxes and new regulations, including with respect to climate change, employment and labor law, healthcare and securities regulation; (32) unforeseen costs from new and existing data privacy laws; (33) the effect of governmental regulations, including hours of service and licensing compliance for drivers, engine emissions, the Compliance, Safety, Accountability (CSA) initiative, regulations of the Food and Drug Administration and Homeland Security, and healthcare and environmental regulations; (34) changes in accounting and financial standards or practices; (35) widespread outbreak of an illness or any other communicable disease; (36) international conflicts and geopolitical instability; (37) evolving stakeholder expectations regarding environmental and social issues; (38) government shutdown or failure to fund services; (39) provisions in our governing documents and Delaware law that may have anti-takeover effects; (40) issuances of equity that would dilute stock ownership; (41) weakness, disruption or loss of confidence in financial or credit markets; and (42) other financial, operational and legal risks and uncertainties detailed from time to time in the Company’s SEC filings.
As a result of these and other factors, no assurance can be given as to our future results and achievements. Accordingly, a forward-looking statement is neither a prediction nor a guarantee of future events or circumstances and those future events or circumstances may not occur. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this news release. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
CONTACT:Saia, Inc. Matthew Batteh Executive Vice President and Chief Financial Officer [email protected] Saia, Inc. and SubsidiariesCondensed Consolidated Balance Sheets(Amounts in thousands)(Unaudited) March 31, 2026 December 31, 2025Assets Current Assets: Cash and cash equivalents $39,177 $19,720 Accounts receivable, net 376,967 332,206 Prepaid expenses and other 83,248 82,630 Total current assets 499,392 434,556 Property and Equipment: Cost 4,303,820 4,259,438 Less: accumulated depreciation 1,450,959 1,415,087 Net property and equipment 2,852,861 2,844,351 Operating Lease Right-of-Use Assets 157,924 150,301 Other Assets 53,460 53,473 Total assets $3,563,637 $3,482,681 Liabilities and Stockholders' Equity Current Liabilities: Accounts payable $147,132 $107,424 Wages, vacation and employees' benefits 70,402 50,723 Other current liabilities 80,949 78,362 Current portion of long-term debt 759 980 Current portion of operating lease liability 29,253 27,895 Total current liabilities 328,495 265,384 Other Liabilities: Long-term debt, less current portion 112,000 163,000 Operating lease liability, less current portion 119,847 113,119 Deferred income taxes 293,701 284,370 Claims, insurance and other 83,357 79,109 Total other liabilities 608,905 639,598 Stockholders' Equity: Common stock 27 27 Additional paid-in capital 306,287 307,605 Deferred compensation trust (9,101) (9,088)Retained earnings 2,329,024 2,279,155 Total stockholders' equity 2,626,237 2,577,699 Total liabilities and stockholders' equity $3,563,637 $3,482,681 Saia, Inc. and SubsidiariesCondensed Consolidated Statements of OperationsFor the Quarters Ended March 31, 2026 and 2025(Amounts in thousands, except per share data)(Unaudited) First Quarter 2026 2025 Operating Revenue $806,226 $787,575 Operating Expenses: Salaries, wages and employees' benefits 393,296 389,256 Purchased transportation 64,328 59,849 Fuel, operating expenses and supplies 173,489 166,671 Operating taxes and licenses 22,232 20,437 Claims and insurance 22,902 21,545 Depreciation and amortization 62,190 59,043 Other operating losses, net 983 606 Total operating expenses 739,420 717,407 Operating Income 66,806 70,168 Nonoperating (Income) Expenses: Interest expense 2,574 4,285 Interest income (63) (39)Other, net (740) 357 Nonoperating expenses, net 1,771 4,603 Income Before Income Taxes 65,035 65,565 Income Tax Provision 15,166 15,755 Net Income $49,869 $49,810 Weighted average common shares outstanding - basic 26,764 26,720 Weighted average common shares outstanding - diluted 26,807 26,788 Basic earnings per share $1.86 $1.86 Diluted earnings per share $1.86 $1.86 Saia, Inc. and SubsidiariesCondensed Consolidated Statements of Cash FlowsFor the three months ended March 31, 2026 and 2025(Amounts in thousands)(Unaudited) First Quarter 2026 2025 Operating Activities: Net cash provided by operating activities $139,634 $109,073 Net cash provided by operating activities 139,634 109,073 Investing Activities: Acquisition of property and equipment (66,116) (202,889)Proceeds from disposal of property and equipment 2,392 826 Net cash used in investing activities (63,724) (202,063)Financing Activities: Borrowing (repayment) of revolving credit facility, net (51,000) 97,000 Proceeds from stock option exercises 229 2,463 Shares withheld for taxes (5,461) (7,644)Other financing activity (221) (1,767)Net cash (used in) provided by financing activities (56,453) 90,052 Net Increase (Decrease) in Cash and Cash Equivalents 19,457 (2,938)Cash and Cash Equivalents, beginning of period 19,720 19,473 Cash and Cash Equivalents, end of period $39,177 $16,535 Saia, Inc. and SubsidiariesFinancial InformationFor the Quarters Ended March 31, 2026 and 2025(Unaudited) First Quarter First Quarter % Amount/Workday % 2026 2025 Change 2026 2025 ChangeWorkdays 63 63 Operating ratio 91.7% 91.1% LTL tonnage (1) 1,513 1,545 (2.1) 24.02 24.52 (2.1)LTL shipments (1) 2,192 2,170 1.0 34.79 34.44 1.0 LTL revenue/cwt.$25.93 $24.97 3.8 LTL revenue/cwt., excluding fuel surcharge$21.52 $21.12 1.9 LTL revenue/shipment$357.93 $355.48 0.7 LTL revenue/shipment, excluding fuel surcharge$297.11 $300.76 (1.2) LTL pounds/shipment 1,380 1,424 (3.1) LTL average length of haul (2) 890 905 (1.7) (1)In thousands. (2)In miles. Note:LTL operating statistics exclude transportation and logistics services where pricing is generally not determined by weight. The LTL operating statistics also exclude the adjustment required for financial statement purposes in accordance with the Company's revenue recognition policy.
Saia (SAIA - Free Report) came out with quarterly earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.86 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.07%. A quarter ago, it was expected that this trucking company would post earnings of $1.9 per share when it actually produced earnings of $1.77, delivering a surprise of -6.84%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Saia, which belongs to the Zacks Transportation - Truck industry, posted revenues of $806.23 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.37%. This compares to year-ago revenues of $787.58 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Saia shares have added about 29.3% since the beginning of the year versus the S&P 500's gain of 4.2%.
What's Next for Saia?While Saia has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Saia was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.91 on $875.87 million in revenues for the coming quarter and $10.60 on $3.41 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Transportation - Truck is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the broader Zacks Transportation sector, Pangaea Logistics (PANL - Free Report) , is yet to report results for the quarter ended March 2026.
This maritime logistics company is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents a year-over-year change of +266.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Pangaea Logistics' revenues are expected to be $159.45 million, up 29.9% from the year-ago quarter.
Saia (SAIA - Free Report) reported $806.23 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 2.4%. EPS of $1.86 for the same period compares to $1.86 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $787.58 million, representing a surprise of +2.37%. The company delivered an EPS surprise of +2.07%, with the consensus EPS estimate being $1.82.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Saia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating Ratio: 91.7% compared to the 73.3% average estimate based on four analysts.LTL (Less-Than-Truckload) Shipments: 2,192 compared to the 2,175 average estimate based on two analysts.LTL pounds/shipment: 1,380 versus 1,367 estimated by two analysts on average.LTL revenue/cwt., excluding fuel surcharge: $21.52 versus $21.73 estimated by two analysts on average.LTL (Less-Than-Truckload) Tonnage: 1,513.00 KTon compared to the 1,486.83 KTon average estimate based on two analysts.LTL (Less-Than-Truckload) Revenue Per Hundredweight (CWT): $25.93 versus $26.13 estimated by two analysts on average.View all Key Company Metrics for Saia here>>>
Shares of Saia have returned +18.9% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
On April 30, 2026, Saia Inc SAIA shares rose 6.3% today, currently trading at $448.82. The stock has experienced significant price movements over the past year, with a 52-week range between $229.17 and $454.88.
GF Value™ verdict indicates that the current price is $448.82, which is 5.2% above the estimated fair value of $426.65.GF Score™ of 98/100 suggests that the company has strong overall performance attributes.Notable insider activity shows that insiders sold $6.2 million worth of shares in the last three months, with no buying activity reported. Is SAIA Overvalued or Undervalued? According to the GF Value™, Saia Inc is currently overvalued, trading at a price of $448.82 which is 5.2% above its fair value estimate of $426.65. This indicates a lack of margin of safety for potential investors looking to enter the stock at its current price. The GF Valuation label indicates that the stock is fairly valued, but given its current price in relation to the GF Value™, there is a risk that it may be subject to corrections should market sentiments shift.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. When a stock is overvalued, it may not provide sufficient returns, and investors could face a downward adjustment if the market corrects itself or if the company does not meet growth expectations.
How Does SAIA's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 47.1x 29.8x Forward P/E 42.3x N/A Saia Inc's current P/E (TTM) of 47.1x is significantly above its 5-year median P/E of 29.8x, indicating that the stock is trading at a higher valuation compared to its historical levels. This analysis aligns with the GF Value™ verdict, further substantiating the notion that the stock may be overvalued at its current price.
What Does SAIA's GF Score™ Tell Us? Metric Rating GF Score™ 98 Financial Strength 8/10 Profitability 9/10 Growth 10/10 Valuation 9/10 Momentum 10/10 Saia Inc’s GF Score™ of 98/100 reflects exceptional performance across multiple dimensions, particularly in Growth (10/10) and Momentum (10/10), indicating strong revenue growth and price movement. The company also scores high in Profitability (9/10) and Valuation (9/10), which enhances its attractiveness to potential investors. However, the Financial Strength score of 8/10 suggests that while it is strong, it may have areas for improvement compared to peers.
What Are Insiders Doing with SAIA Stock? Insider activity in Saia Inc has shown a trend of selling, with insiders having sold $6.2 million worth of shares over the last three months. This level of selling without any buying may indicate a lack of confidence among insiders about the future performance of the stock. The absence of buying signals from insiders could be interpreted as a cautious approach to the stock’s current valuation and performance outlook.
What This Means for Investors Based on the GF Value™ assessment, Saia Inc is currently overvalued at $448.82, which is 5.2% above its intrinsic value of $426.65. Investors may want to consider this valuation in their decision-making process.
For the complete analysis, visit the Saia Inc SAIA stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is SAIA's GF Score™?
Saia Inc has a GF Score™ of 98 out of 100, indicating strong overall performance attributes that suggest the stock could generate favorable long-term returns.
Is SAIA overvalued or undervalued?
Saia Inc is currently overvalued, trading 5.2% above its estimated fair value according to GF Value™, which could pose risks for potential investors.
What is SAIA's P/E ratio?
Saia Inc has a P/E (TTM) of 47.1x, which is significantly higher than its 5-year median P/E of 29.8x, indicating that the stock is trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Saia, Inc. demonstrates resilience in the LTL market, posting Q1 2026 revenue growth and benefiting from market undercapacity. Despite robust liquidity and strong pricing power, SAIA faces margin pressure from inflation and elevated oil prices, with operating margin down to 8.3%. Valuation appears stretched: SAIA trades at 46.35x P/E and is considered fully priced, limiting upside potential and supporting a hold rating.
On May 20, 2026, Saia Inc SAIA shares rose 4.0% to a current price of $466.47. The stock has shown strong performance over the past year, with a remarkable 68.0% increase. The shares have traded within a 52-week range of $248.37 to $471.73, indicating significant volatility and growth potential.
GF Value™ verdict: Current price is $466.47 vs GF Value™ of $443.37, indicating a 5.2% overvaluation. GF Score™: 97/100 (Strong), suggesting robust fundamentals and potential for long-term returns. Notable signal: Momentum Rank of 10/10, reflecting strong upward price movement. Is SAIA Overvalued or Undervalued? Based on the current price of $466.47 and the GF Value™ estimate of $443.37, Saia Inc appears to be overvalued by approximately 5.2%. This overvaluation suggests that investors may be paying a premium for the stock compared to its intrinsic value. The GF Valuation label indicates that while the stock is not significantly overvalued, the current price does not offer a margin of safety for new investors. The risk of a price correction may be present if market conditions change or if the company does not meet growth expectations.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. As such, investors should consider the potential risks associated with purchasing shares at a price above the calculated fair value.
How Does SAIA's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 49.0x 29.8x Forward P/E 41.6x N/A Currently, Saia Inc's P/E (TTM) stands at 49.0x, which is significantly above its 5-year median P/E of 29.8x, indicating that the stock is trading at a premium compared to its historical valuation. The forward P/E of 41.6x also suggests that expectations for future earnings growth are already priced in. This P/E analysis aligns with the GF Value™ verdict, supporting the view that the stock is overvalued at its current price.
What Does SAIA's GF Score™ Tell Us? Metric Rating GF Score™ 97/100 Financial Strength 8/10 Profitability 9/10 Growth 10/10 Valuation 7/10 Momentum 10/10 Saia Inc's GF Score™ of 97/100 reflects strong financial health, excellent profitability, and remarkable growth potential. The strongest area is the Growth Rank of 10/10, indicating robust expansion prospects. However, the Valuation Rank of 7/10 suggests that while the company's fundamentals are strong, its current market price may be less attractive compared to its historical values and intrinsic worth.
What Are Insiders Doing with SAIA Stock? In the last three months, there have been no insider transactions reported for Saia Inc. This lack of insider activity may suggest that company insiders are not currently buying or selling shares, which could indicate confidence in the company’s performance or a neutral stance on the stock's valuation. Insider activity can often provide insights into the company's future outlook, and the absence of recent transactions may be indicative of a stable sentiment among insiders.
What This Means for Investors Based on the GF Value™ assessment, Saia Inc is currently overvalued. The current price exceeds the calculated intrinsic value, suggesting potential risks for new investors. However, the company's strong GF Score™ indicates robust fundamentals, which may appeal to long-term holders looking for growth.
For the complete analysis, visit the Saia Inc SAIA stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is SAIA's GF Score™?
Saia Inc has a GF Score™ of 97/100, indicating strong fundamentals and potential for higher long-term returns based on historical performance.
Is SAIA overvalued or undervalued?
Saia Inc is currently overvalued, with a GF Value™ of $443.37 compared to the current price of $466.47, suggesting a 5.2% overvaluation.
What is SAIA's P/E ratio?
Saia Inc's P/E (TTM) ratio is 49.0x, which is significantly above its 5-year median P/E of 29.8x, indicating that the stock is trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
JOHNS CREEK, Ga., May 21, 2026 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) a leading provider of less-than-truckload (LTL) transportation services, announced the opening of two new terminals in Marysville, Washington, and Edinburgh, Indiana, as part of its continued investment in network growth across the U.S. The Marysville facility opened on May 4, and the Edinburgh terminal began operations this week.
The Marysville terminal is strategically positioned to support freight movement throughout the Pacific Northwest, offering ample acreage and capacity to accommodate ongoing growth in the region. The Edinburgh facility is designed to strengthen service across the Midwest, providing the space and scalability needed to support increasing freight demand.
“These openings reflect our focus on getting closer to the customer and building density in the right places to better support shipper needs,” said Saia Executive Vice President of Operations Patrick Sugar. “By adding capacity in both the Pacific Northwest and the Midwest, we’re able to create more efficient routing opportunities and deliver a more consistent service experience.”
The Marysville terminal enhances Saia’s ability to move freight across Washington and into neighboring markets, while the Edinburgh location strengthens coverage in a high-traffic logistics corridor south of Indianapolis. Together, the new facilities improve network flexibility and help reduce transit variability for customers shipping in and out of these regions.
“Saia continues to invest in its infrastructure to support long-term growth, aligning its network to evolving customer demand and reinforcing our commitment to saying ‘Yes’ to the needs of those we serve,” stated Sugar.
For more information about Saia and its freight and logistics capabilities, visit saia.com.
About Saia Inc.
Saia Inc. (NASDAQ: SAIA) is a full-service freight and logistics provider with a national footprint built to deliver reliable, flexible shipping solutions. With industry-leading operations and a strong emphasis on the customer experience, the company helps keep freight - and businesses - moving. Saia offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation, and other logistics services. Headquartered in Johns Creek, Georgia, the company operates 216 terminals providing national service. Saia has repeatedly been recognized for its people-centric, safety-driven, and sustainability-minded focus. For more information on Saia Inc., visit saia.com.
For more information, contact:
Jeannie S. Jump
Senior Marketing and Corporate Affairs Specialist
Phone: 770-232-4069 Email: [email protected]
JOHNS CREEK, Ga., June 02, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA) is providing LTL shipment and tonnage data for the first two months of the second quarter. In April 2026, LTL shipments per workday increased 5.6%, LTL tonnage per workday increased 6.9% and LTL weight per shipment increased 1.3%, each compared to April 2025. In May 2026, LTL shipments per workday increased 3.7%, LTL tonnage per workday increased 8.4% and LTL weight per shipment increased 4.5%, each compared to May 2025.
These changes are summarized in the table below:
April 2026
versus April 2025 May 2026
versus May 2025 Quarter to Date (QTD)
2026 versus QTD 2025LTL Shipments per workday5.6% 3.7% 4.6%LTL Tonnage per workday6.9% 8.4% 7.6%LTL Weight per shipment1.3% 4.5% 2.9%
Actual second quarter and annual shipments, tonnage and weight per shipment could differ materially from the data expressed in this press release, including by reason of the risk factors included in Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in other filings with the Securities and Exchange Commission. The information herein speaks as of the date of this press release and is subject to change. Saia is under no obligation, and expressly disclaims any obligation to update or alter such information, whether as a result of new information, future events, or otherwise, except as required by law.
Saia, Inc. (Nasdaq: SAIA) offers customers a wide range of less-than-truckload, brokered truckload, expedited transportation and other logistics services. With headquarters in Georgia, Saia LTL Freight operates 216 terminals with national service. For more information on Saia, Inc. visit the Investor Relations section at www.saia.com/about-us/investor-relations.
The Securities and Exchange Commission encourages companies to disclose forward-looking information so that investors can better understand the future prospects of a company and make informed investment decisions. This news release may contain these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “may,” “plan,” “predict,” “believe,” “should,” “potential” and similar words or expressions are intended to identify forward-looking statements. Investors should not place undue reliance on forward-looking statements and the Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. All forward-looking statements reflect the present expectation of future events of our management as of the date of this news release and are subject to a number of important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those described in any forward-looking statements. These factors, risks, uncertainties and assumptions include, but are not limited to, (1) general economic conditions including downturns or inflationary periods in the business cycle; (2) operation within a highly competitive industry and the adverse impact from downward pricing pressures, including in connection with fuel surcharges, and other factors; (3) industry-wide external factors largely out of our control; (4) cost and availability of qualified drivers, dock workers, mechanics and other employees, purchased transportation and fuel; (5) inflationary increases in expenses and corresponding reductions of profitability; (6) cost and availability of diesel fuel and fuel surcharges; (7) cost and availability of insurance coverage and claims expenses and other expense volatility, including for personal injury, cargo loss and damage, workers’ compensation, employment and group health plan claims; (8) failure to successfully execute the strategy to expand our service geography; (9) unexpected liabilities resulting from the acquisition of real estate assets; (10) costs and liabilities from the disruption in or failure of our technology or equipment essential to our operations, including as a result of cyber incidents, security breaches, malware or ransomware attacks; (11) risks arising from remote work, including increased risk of related cybersecurity incidents; (12) failure to keep pace with technological developments; (13) liabilities and costs arising from the use of artificial intelligence; (14) labor relations, including the adverse impact should a portion of our workforce become unionized; (15) cost, availability and resale value of real property and revenue equipment; (16) supply chain disruption and delays on new equipment delivery; (17) changes in U.S. trade policy and the impact of tariffs; (18) capacity and highway infrastructure constraints; (19) risks arising from international business operations and relationships; (20) seasonal factors, harsh weather and disasters caused by climate change; (21) the creditworthiness of our customers and their ability to pay for services; (22) our need for capital and uncertainty of the credit markets; (23) the possibility of defaults under our debt agreements, including violation of financial covenants; (24) inaccuracies and changes to estimates and assumptions used in preparing our financial statements; (25) dependence on key employees; (26) employee turnover from changes to compensation and benefits or market factors; (27) increased costs of healthcare benefits; (28) damage to our reputation from adverse publicity, including from the use of or impact from social media; (29) failure to achieve acquisition synergies or disruption to our business due to such acquisitions; (30) the effect of litigation and class action lawsuits arising from the operation of our business, including the possibility of claims or judgments in excess of our insurance coverages or that result in increases in the cost of insurance coverage or that preclude us from obtaining adequate insurance coverage in the future; (31) the potential of higher corporate taxes and new regulations, including with respect to climate change, employment and labor law, healthcare and securities regulation; (32) unforeseen costs from new and existing data privacy laws; (33) the effect of governmental regulations, including hours of service and licensing compliance for drivers, engine emissions, the Compliance, Safety, Accountability (CSA) initiative, regulations of the Food and Drug Administration and Homeland Security, and healthcare and environmental regulations; (34) changes in accounting and financial standards or practices; (35) widespread outbreak of an illness or any other communicable disease; (36) international conflicts and geopolitical instability; (37) evolving stakeholder expectations regarding environmental and social issues; (38) government shutdown or failure to fund services; (39) provisions in our governing documents and Delaware law that may have anti-takeover effects; (40) issuances of equity that would dilute stock ownership; (41) weakness, disruption or loss of confidence in financial or credit markets; and (42) other financial, operational and legal risks and uncertainties detailed from time to time in the Company’s SEC filings.
As a result of these and other factors, no assurance can be given as to our future results and achievements. Accordingly, a forward-looking statement is neither a prediction nor a guarantee of future events or circumstances and those future events or circumstances may not occur. You should not place undue reliance on the forward-looking statements, which speak only as of the date of this news release. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.
CONTACT:Saia, Inc.
Matthew Batteh Executive Vice President and Chief Financial Officer [email protected]
