NYSE:KEX

Kirby (KEX) Stock Forecast, Price & News

$82.80

-1.25 (-1.49%)

(As of 09/29/2023 ET)

Compare

Today's Range: $82.38
▼
$84.39
50-Day Range: $76.91
▼
$86.19
52-Week Range: $59.85
▼
$87.52

Volume: 334,005 shs
Average Volume: 393,312 shs
Market Capitalization: $4.93 billion

P/E Ratio: 28.55
Dividend Yield: N/A
Price Target: $90.50

Kirby MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 9.3% Upside
$90.50 Price Target
Short Interest: Bearish
2.33% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.42
Based on 31 Articles This Week
Insider Trading: Selling Shares
$5.67 M Sold Last Quarter
Proj. Earnings Growth: 34.04%
From $3.76 to $5.04 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Transportation Sector

95th out of 119 stocks

Water Transportation Industry

16th out of 18 stocks

1.5

Analyst's Opinion

Consensus Rating
Kirby has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $90.50, Kirby has a forecasted upside of 9.3% from its current price of $82.80.
Amount of Analyst Coverage
Kirby has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.33% of the float of Kirby has been sold short.
Short Interest Ratio / Days to Cover
Kirby has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Kirby has recently increased by 15.13%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Kirby does not currently pay a dividend.
Dividend Growth
Kirby does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KEX.

1.9

News and Social Media Coverage

News Sentiment
Kirby has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 31 news articles for Kirby this week, compared to 8 articles on an average week.
Search Interest
Only 2 people have searched for KEX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Kirby to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kirby insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,670,104.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Kirby is held by insiders.
Percentage Held by Institutions
94.93% of the stock of Kirby is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Kirby are expected to grow by 34.04% in the coming year, from $3.76 to $5.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kirby is 28.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kirby is 28.55, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.55.
Price to Earnings Growth Ratio
Kirby has a PEG Ratio of 1.87. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Kirby has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Kirby (NYSE:KEX) Stock

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. It also transports petrochemicals, black oils, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barges and tugboat units that are engaged in the offshore transportation of dry-bulk cargos in the United States coastal trade. As of December 31, 2022, it owned and operated 1,037 inland tank barge, approximately 277 inland towboat, 29 coastal tank barge, 27 coastal tugboat, 4 offshore dry-bulk cargo barge, 4 offshore tugboat, and 1 docking tugboat. Its Distribution and Services segment sells after-market service and genuine replacement parts for engines, transmissions, reduction gears, electric motors, drives, and controls, electrical distribution and control systems, energy storage battery systems, and related oilfield service equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications; rents generators, industrial compressors, high capacity lift trucks, and refrigeration trailers; and manufactures and remanufactures oilfield service equipment, including pressure pumping units, as well as manufacturers electric power generation equipment, specialized electrical distribution and control equipment, and high capacity energy storage/battery systems. It serves to various companies and the United States government. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

KEX Price History

30 days | 90 days | 365 days | Advanced Chart

KEX Stock News Headlines

September 29, 2023 | msn.com

John Kirby Slams Tuberville’s Opposition to Top Military Nominee: ‘He’s Just Flat Out Wrong’

September 29, 2023 | finance.yahoo.com

Here's Why Kirby (KEX) is a Strong Growth Stock

September 30, 2023 | Behind the Markets (Ad)

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September 29, 2023 | sports.yahoo.com

Does Georgia football's Kirby Smart have interest in coaching in the NFL? Here's his answer

September 29, 2023 | msn.com

'Make them proud': Children of Kirby Puckett, Tonya Puckett-Miller carry charitable legacy forward

September 28, 2023 | finance.yahoo.com

Kirby Corporation Announces Date For 2023 Third Quarter Earnings Release And Earnings Webcast

September 28, 2023 | msn.com

Young fan appears to hit George Kirby with baseball during Mariners game

September 28, 2023 | sports.yahoo.com

Ranking every one of Kirby Smart's 100 games as Georgia football coach

September 30, 2023 | Weiss Ratings (Ad)

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September 27, 2023 | msn.com

George Kirby hit by fan-thrown ball during Mariners game at T-Mobile Park

September 27, 2023 | msn.com

Fan Throws Baseball at Mariners Pitcher George Kirby From Stands, Gets Ejected and Gets an Earful

September 27, 2023 | msn.com

Kirby Smart Looking to Reach Milestone Against SEC Coaches on Saturday

September 27, 2023 | msn.com

LOOK: Mariners' George Kirby struck by ball Seattle fan threw back onto field in wild moment at T-Mobile Park

September 27, 2023 | msn.com

George Kirby bizarrely got hit by a ball thrown from the stands while on the mound

September 27, 2023 | dallasnews.com

George Kirby throws 6 shutout innings as Mariners snap 4-game losing streak vs. Astros

September 27, 2023 | msn.com

Mariners pitcher George Kirby struck by baseball thrown by fan from stands

September 27, 2023 | msn.com

Mariners' George Kirby Startled By Baseball Thrown At Him From the Stands

September 27, 2023 | news.yahoo.com

Comedian Nurse Blake heads to F.M. Kirby Center on October 6

September 27, 2023 | msn.com

Mariners’ George Kirby gets hit by ball thrown back onto field by fan in wild moment

September 25, 2023 | msn.com

Kirby Smart says Georgia is mentally prepared for three-peat: 'There's no complacency here'

September 25, 2023 | ugawire.usatoday.com

Watch: Auburn HC Hugh Freeze learns Kirby Smart made national championship game in his 2nd season

September 25, 2023 | msn.com

Hugh Freeze refused to believe reporter’s fact-check on Kirby Smart’s title game timeline

September 25, 2023 | msn.com

Kirby Smart says 'no complacency' as Georgia chases third title

September 25, 2023 | msn.com

Kirby Smart provides injury updates, previews Auburn

September 25, 2023 | msn.com

Everything Kirby Smart said ahead of No. 1 Georgia’s visit to Auburn on Saturday

September 25, 2023 | msn.com

WATCH: Kirby Smart Meets With Media Ahead of Auburn

September 25, 2023 | finance.yahoo.com

What Makes Kirby (KEX) a Strong Momentum Stock: Buy Now?

See More Headlines

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KEX Company Calendar

Last Earnings: 7/27/2023
Today: 9/30/2023
Next Earnings (Confirmed): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Water transportation
Sub-Industry: Marine
Sector: Transportation
Current Symbol: NYSE:KEX
CUSIP: 49726610
CIK: 56047
Web: www.kirbycorp.com
Phone: (713) 435-1000
Fax: 713-435-1010
Employees: 5,200
Year Founded: 1921

Price Target and Rating

Average Stock Price Forecast: $90.50
High Stock Price Forecast: $100.00
Low Stock Price Forecast: $82.00
Forecasted Upside/Downside: +9.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.90
Trailing P/E Ratio: 28.55
Forward P/E Ratio: 22.02
P/E Growth: 1.87
Net Income: $122.29 million
Net Margins: 5.81%
Pretax Margin: 7.74%
Return on Equity: 5.82%
Return on Assets: 3.21%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 1.78
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $2.78 billion
Price / Sales: 1.77
Cash Flow: $6.10 per share
Price / Cash Flow: 13.57
Book Value: $50.84 per share
Price / Book: 1.63

Miscellaneous

Outstanding Shares: 59,500,000
Free Float: 58,608,000
Market Cap: $4.93 billion
Optionable: Optionable
Beta: 1.26

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Key Executives

Mr. David W. Grzebinski C.F.A. (Age 62)
Pres, CEO & Director
Comp: $3.92M

Mr. Raj Kumar (Age 50)
Exec. VP & CFO
Comp: $1.1M

Ms. Amy D. Husted (Age 54)
VP, Gen. Counsel & Sec.
Comp: $935.71k

Mr. Christian G. O'Neil (Age 50)
Pres of Kirby Inland Marine LP, Kirby Offshore Marine, LLC & San Jac Marine, LLC
Comp: $1.63M

Mr. Ronald A. Dragg (Age 59)
VP, Controller & Assistant Sec.

Mr. Scott P. Miller (Age 44)
VP & Chief Information Officer

Mr. Kurt A. Niemietz (Age 50)
VP of Investor Relations & Treasurer

Mr. William Matthew Woodruff (Age 62)
VP of Public & Gov. Affairs

Ms. Julie M. Kruger
VP of HR

Mr. Dorman Lynn Strahan (Age 66)
Pres of Kirby Engine Systems

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

KEX Stock - Frequently Asked Questions

Should I buy or sell Kirby stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kirby in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KEX shares.
View KEX analyst ratings or view top-rated stocks.
What is Kirby's stock price forecast for 2023?: 4 brokerages have issued 1 year price objectives for Kirby's stock. Their KEX share price forecasts range from $82.00 to $100.00. On average, they predict the company's share price to reach $90.50 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for KEX or view top-rated stocks among Wall Street analysts.
How have KEX shares performed in 2023?: Kirby's stock was trading at $64.35 at the start of the year. Since then, KEX stock has increased by 28.7% and is now trading at $82.80.
View the best growth stocks for 2023 here.
Are investors shorting Kirby?: Kirby saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,370,000 shares, an increase of 15.1% from the August 31st total of 1,190,000 shares. Based on an average daily trading volume, of 340,400 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.3% of the company's shares are short sold.
View Kirby's Short Interest.
When is Kirby's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our KEX earnings forecast.
How can I listen to Kirby's earnings call?: Kirby will be holding an earnings conference call on Thursday, October 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Kirby's earnings last quarter?: Kirby Co. (NYSE:KEX) released its quarterly earnings data on Thursday, July, 27th. The shipping company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. The shipping company earned $777.20 million during the quarter, compared to the consensus estimate of $781.18 million. Kirby had a net margin of 5.81% and a trailing twelve-month return on equity of 5.82%. The company's revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.49 EPS.
What ETFs hold Kirby's stock?: ETFs with the largest weight of Kirby (NYSE:KEX) stock in their portfolio include SPDR S&P Transportation ETF (XTN), Nuveen Small Cap Select ETF (NSCS), iShares U.S. Transportation ETF (IYT), Direxion Daily Transportation Bull 3X Shares (TPOR), Dimensional US Small Cap Value ETF (DFSV) and FMC Excelsior Focus Equity ETF (FMCX).Pacer Industrials and Logistics ETF (SHPP).

What is David W. Grzebinski's approval rating as Kirby's CEO?: 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.
What other stocks do shareholders of Kirby own?: 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).
What is Kirby's stock symbol?: Kirby trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEX."
How do I buy shares of Kirby?: 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.
Compare Top Brokerages Here.
What is Kirby's stock price today?: One share of KEX stock can currently be purchased for approximately $82.80.
How much money does Kirby make?: Kirby (NYSE:KEX) has a market capitalization of $4.93 billion and generates $2.78 billion in revenue each year. The shipping company earns $122.29 million in net income (profit) each year or $2.90 on an earnings per share basis.
How many employees does Kirby have?: The company employs 5,200 workers across the globe.
How can I contact Kirby?: 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.

This page (NYSE:KEX) was last updated on 9/30/2023 by MarketBeat.com Staff

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Kirby (KEX) Stock Forecast, Price & News

Kirby MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Kirby (NYSE:KEX) Stock

KEX Price History

KEX Stock News Headlines

KEX Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

KEX Stock - Frequently Asked Questions

Overall MarketRank^™