Citigroup Rates SAIA hold, $524 Price Target
Citigroup analyst Ariel Rosa lowers Saia, Inc.'s rating to hold with a $524 price target, a 20.43% upside from the current price.
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Citigroup rated Saia, Inc. ($SAIA) "hold" with a $524 price target on June 15, 2026.
Since the rating, $SAIA is down 8.0% after 1 week, down 12.1% after 1 month and down 29.4% to date (from the $474.19 close on Jun 15, 2026).
Key Points
- Citigroup analyst Ariel Rosa downgraded Saia, Inc. to a hold rating on June 15, 2026, with a new price target of $524.
- Citigroup's $524 price target implies 20.43% upside from Saia, Inc.'s ($SAIA) current $435.12 share price.
- Shares of Saia, Inc. (NasdaqGS: SAIA) are trading around $482.87, with a market cap of $12.85 billion and a P/E ratio of 50.77.
- Insider activity includes sales by EVP Anthony Norwood and President & CEO Frederick Holzgrefe, with recent analyst ratings from Citigroup, JP Morgan, and Wells Fargo.
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On June 15, 2026, Citigroup analyst Ariel Rosa downgraded Saia, Inc. (NasdaqGS: SAIA) to a hold rating, setting a new price target of $524. This adjustment comes as the stock trades near $482.87.
Other Institutional Activity in Saia, Inc.
AllianceBernstein L.P. added 185,150 shares of Saia, Inc., bringing its total to 2,499,330 shares valued at approximately $816.1 million. BlackRock, Inc. increased its holdings by 60,492 shares to a total of 2,389,103 shares worth about $839.2 million. Price T Rowe Associates Inc /MD/ also grew its stake significantly, adding 521,839 shares to reach a total of 2,320,680 shares valued at $815.2 million. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both initiated positions with 1,195,689 and 1,097,220 shares, respectively, valued at $420 million and $385.4 million. Meanwhile, Kayne Anderson Rudnick Investment Management LLC reduced its holdings by 103,965 shares, leaving it with 986,821 shares worth $346.7 million.
Saia, Inc. Stock Up 27.1%
Shares of Saia, Inc. are currently trading around $482.87 on the NasdaqGS. The company has a market capitalization of approximately $12.85 billion and a P/E ratio of 50.77. Its forward P/E ratio is 33.62, indicating expectations for future earnings growth. Saia's stock has seen a 52-week low of $249.32 and a high of $494.71, with a 50-day moving average of $441.87 and a 200-day moving average of $356.73. The company's beta of 2.116 suggests higher volatility compared to the market.
$SAIA price target
Saia, Inc. daily closes and this analyst's $524 target. Not advice.
Recent Earnings
Saia, Inc. reported revenue of $3.25 billion, reflecting a growth rate of 2.4%. The company's net margin stands at 7.84%, with a return on equity of 10.23%. Earnings per share (EPS) is reported at $9.51. The next earnings report is scheduled for July 24, 2026.
Insider Buying and Selling at Saia, Inc.
Recent insider transactions at Saia, Inc. include sales by EVP & CHRO Anthony Norwood, who sold 292 shares at an average price of $468.77 on May 20, 2026. President & CEO Frederick Holzgrefe executed multiple transactions in May, selling and buying shares around $431.42.
Analysts Set New Price Targets
On June 15, 2026, Citigroup downgraded Saia, Inc. to a hold rating with a $524 price target. JP Morgan maintained a buy rating with a $490 target on June 8, and Wells Fargo kept a hold rating with a $490 target on June 5. The consensus recommendation among 20 analysts is a buy, with an average target price of $452.55.
About Saia, Inc.
Saia, Inc. operates as a transportation company in North America, specializing in less-than-truckload services for shipments between 100 and 10,000 pounds. The company also provides additional logistics services such as brokered truckload and expedited transportation. Headquartered in Johns Creek, Georgia, Saia is led by CEO Frederick J. Holzgrefe III and employs about 13,734 people. It was founded in 1924 and operates over 213 terminals with a fleet of approximately 7,700 tractors and 26,500 trailers.
Bottom Line
Citigroup's recent downgrade of Saia, Inc. to hold reflects a cautious stance amid current market conditions. The company's stock remains a subject of interest due to its significant market presence and strong fundamentals. Investors should note that analyst ratings are based on projections and may not reflect future performance.
Source: Citigroup's rating change on $SAIA (Jun 15, 2026). Written by software, not financial advice. How we make alerts
