What is Zacks Research's Forecast for Kirby FY2026 Earnings?

Key Points

• Zacks Research has raised its FY2026 earnings per share (EPS) estimate for Kirby Corporation to $7.20, slightly up from the previous forecast of $7.19, while maintaining a "Hold" rating on the stock.
• Kirby reported a quarterly EPS of $1.67, exceeding market expectations, with a revenue of $855.46 million, reflecting a 3.8% increase from the previous year.
• Bank of America has decreased its price objective for Kirby from $110.00 to $107.00, yet still maintains a "buy" rating, with a consensus price target of $121.00.

Kirby Corporation (NYSE:KEX - Free Report) - Stock analysts at Zacks Research lifted their FY2026 earnings per share estimates for shares of Kirby in a research note issued on Thursday, September 4th. Zacks Research analyst Team now forecasts that the shipping company will earn $7.20 per share for the year, up from their prior estimate of $7.19. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Kirby's current full-year earnings is $6.57 per share. Zacks Research also issued estimates for Kirby's Q4 2026 earnings at $2.07 EPS.

Separately, Bank of America lowered their price objective on Kirby from $110.00 to $107.00 and set a "buy" rating on the stock in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $121.00.

Kirby Stock Performance

KEX traded down $1.11 during trading hours on Friday, reaching $89.09. The company's stock had a trading volume of 1,380,780 shares, compared to its average volume of 765,248. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.12 and a current ratio of 1.74. The firm has a market cap of $4.97 billion, a PE ratio of 16.84, a price-to-earnings-growth ratio of 0.91 and a beta of 1.09. The company's 50-day moving average is $106.13 and its 200-day moving average is $104.24. Kirby has a 52 week low of $83.94 and a 52 week high of $132.21.

Kirby (NYSE:KEX - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The shipping company reported $1.67 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.08. Kirby had a return on equity of 10.02% and a net margin of 9.25%.The business had revenue of $855.46 million for the quarter, compared to analysts' expectations of $851.94 million. During the same quarter in the prior year, the business earned $1.43 EPS. The firm's revenue for the quarter was up 3.8% on a year-over-year basis.

Institutional Trading of Kirby

Several large investors have recently modified their holdings of KEX. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Kirby by 244.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 231 shares of the shipping company's stock worth $26,000 after purchasing an additional 164 shares in the last quarter. Colonial Trust Co SC grew its holdings in shares of Kirby by 295.3% during the 4th quarter. Colonial Trust Co SC now owns 253 shares of the shipping company's stock worth $27,000 after purchasing an additional 189 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Kirby during the 1st quarter worth $28,000. Maseco LLP acquired a new stake in shares of Kirby during the 2nd quarter worth $28,000. Finally, IFP Advisors Inc acquired a new stake in shares of Kirby during the 2nd quarter worth $29,000. 96.15% of the stock is owned by institutional investors and hedge funds.

About Kirby

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.