Kirby - KEX Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kirby in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KEX shares.
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2 equities research analysts have issued twelve-month target prices for Kirby's shares. Their KEX share price forecasts range from $80.00 to $80.00. On average, they expect the company's share price to reach $80.00 in the next year. This suggests a possible upside of 20.0% from the stock's current price.
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Kirby's stock was trading at $59.42 at the beginning of the year. Since then, KEX stock has increased by 12.2% and is now trading at $66.66.
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Kirby saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,590,000 shares, a decline of 16.3% from the October 31st total of 1,900,000 shares. Based on an average trading volume of 389,100 shares, the short-interest ratio is presently 4.1 days. Currently, 2.7% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our KEX earnings forecast.

Kirby Co. (NYSE:KEX) issued its quarterly earnings data on Monday, October, 24th. The shipping company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The shipping company had revenue of $745.80 million for the quarter, compared to analyst estimates of $729.58 million. Kirby had a trailing twelve-month return on equity of 3.51% and a net margin of 3.63%. Kirby's revenue was up 24.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 EPS.

23 employees have rated Kirby Chief Executive Officer David W. Grzebinski on Glassdoor.com. David W. Grzebinski has an approval rating of 94% among the company's employees. This puts David W. Grzebinski in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kirby investors own include Exxon Mobil (XOM), Brookdale Senior Living (BKD), Caterpillar (CAT), Netflix (NFLX), Boeing (BA), Delta Air Lines (DAL), General Electric (GE), Alphabet (GOOG), Alibaba Group (BABA) and Chevron (CVX).

Kirby trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEX."

Kirby's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.38%), BlackRock Inc. (8.37%), Neuberger Berman Group LLC (5.69%), Dimensional Fund Advisors LP (3.72%), King Luther Capital Management Corp (3.38%) and Diamond Hill Capital Management Inc. (3.04%). Insiders that own company stock include Amy D Husted, Barry E Davis, C Sean Day, Christian G O'neil, David W Grzebinski, Dorman Lynn Strahan, Eric S Holcomb, J H Pyne, Joseph H Reniers, Kim B Clarke, Kurt A Niemietz, Monte J Miller, Ronald A Dragg, Scott P Miller and William M Waterman.
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Shares of KEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KEX stock can currently be purchased for approximately $66.66.

Kirby (NYSE:KEX) has a market capitalization of $3.99 billion and generates $2.25 billion in revenue each year. The shipping company earns $-246,950,000.00 in net income (profit) each year or $1.59 on an earnings per share basis.

The company employs 5,125 workers across the globe.

Kirby's mailing address is 55 WAUGH DRIVE SUITE 1000, HOUSTON TX, 77251. The official website for the company is www.kirbycorp.com. The shipping company can be reached via phone at (713) 435-1000, via email at investor.relations@kirbycorp.com, or via fax at 713-435-1010.