Summary The company reported a mixed quarterly report and expects a challenging environment for the full year 2023 due to changing consumer demand, high inventory levels and lower truck rates. Several analysts expect continued EPS growth for the next few years. The current dividend yield is high at 2.7%, and the dividend rate has increased an average of 15% annually over the past 10 years. Union Pacific expects challenges for 2023 and beyond, but the current share price levels seem like a good buying opportunity right now. Laser1987/iStock Editorial via Getty Images Introduction Union Pacific (NYSE: UNP ) has been in a downtrend of late as the general markets have also declined significantly. Still, the company has performed strongly over the past 10 years, with total returns better than the S&P 500. Union Pacific gave mixed projections for its earnings forecasts, but I think the share price has already corrected significantly to incorporate these risks to the company. The stock’s valuation is currently favorable and offers investors a good buying opportunity in my view. Data by YCharts Fourth Quarter And Full-Year Results Union Pacific reported its fourth-quarter and full-year results on Jan. 24, 2023. Earnings per share ($2.67 per […]