Kirby (KEX) to Release Earnings on Thursday

Kirby (NYSE:KEX - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect Kirby to post earnings of $1.31 per share and revenue of $824.12 million for the quarter.

Kirby (NYSE:KEX - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The shipping company reported $1.29 EPS for the quarter, missing analysts' consensus estimates of $1.30 by ($0.01). Kirby had a net margin of 8.78% and a return on equity of 9.71%. On average, analysts expect Kirby to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Kirby Trading Up 0.1 %

KEX stock traded up $0.08 during mid-day trading on Tuesday, reaching $95.86. 454,997 shares of the stock traded hands, compared to its average volume of 532,985. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 0.26. Kirby has a 52-week low of $83.94 and a 52-week high of $132.21. The company has a market cap of $5.45 billion, a P/E ratio of 19.52, a P/E/G ratio of 0.88 and a beta of 0.99. The stock's fifty day moving average is $97.75 and its 200-day moving average is $109.14.

Wall Street Analyst Weigh In

KEX has been the topic of a number of research reports. Bank of America dropped their target price on Kirby from $133.00 to $123.00 and set a "buy" rating on the stock in a report on Friday, March 28th. StockNews.com downgraded Kirby from a "buy" rating to a "hold" rating in a report on Thursday, January 9th. Finally, Stifel Nicolaus dropped their target price on Kirby from $136.00 to $135.00 and set a "buy" rating on the stock in a report on Friday, January 31st.

Insider Buying and Selling

In other Kirby news, VP Scott P. Miller sold 1,244 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $107.61, for a total transaction of $133,866.84. Following the completion of the sale, the vice president now owns 5,545 shares of the company's stock, valued at $596,697.45. This represents a 18.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is currently owned by corporate insiders.

Kirby Company Profile

Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii.