NYSE:KEX - Kirby Stock Price, Forecast & News

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

Kirby Co. (NYSE:KEX) released its earnings results on Friday, October, 25th. The shipping company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.71 by $0.09. The shipping company earned $666.80 million during the quarter, compared to analyst estimates of $724.17 million. Kirby had a net margin of 3.96% and a return on equity of 5.60%. The business's quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.70 earnings per share. View Kirby's Earnings History.

Kirby is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Kirby.

Kirby issued an update on its FY19 earnings guidance on Friday, October, 25th. The company provided EPS guidance of $2.80-3.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.97.

4 Wall Street analysts have issued 1-year price objectives for Kirby's stock. Their forecasts range from $67.40 to $96.00. On average, they expect Kirby's stock price to reach $81.13 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. View Analyst Price Targets for Kirby.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirby in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kirby.

News coverage about KEX stock has trended extremely negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kirby earned a news impact score of -4.0 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Kirby.

Kirby saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 4,330,000 shares, a decline of 6.1% from the October 31st total of 4,610,000 shares. Based on an average trading volume of 442,900 shares, the days-to-cover ratio is presently 9.8 days. Approximately 7.8% of the shares of the company are short sold. View Kirby's Current Options Chain.

Some companies that are related to Kirby include Brookfield Infrastructure Partners (BIP), Carnival (CUK), Matson (MATX), Golar LNG (GLNG), Teekay Lng Partners (TGP), Golden Ocean Group (GOGL), International Seaways (INSW), GasLog (GLOG), GasLog Partners LP Unit (GLOP), Teekay Tankers (TNK), Teekay Offshore Partners (TOO), Golar LNG Partners (GMLP), Tidewater (TDW), KNOT Offshore Partners (KNOP) and Nordic American Tanker (NAT).

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

Kirby's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (4.13%), State Street Corp (2.31%), Chartwell Investment Partners LLC (0.39%), Millennium Management LLC (0.30%), Lathrop Investment Management Corp (0.28%) and Retirement Systems of Alabama (0.25%). Company insiders that own Kirby stock include Amy D Husted, Christian G O'neil, David R Mosley, David W Grzebinski, Dorman Lynn Strahan, J H Pyne, Joseph H Reniers, Kim B Clarke, Monte J Miller, Renato A Castro, Richard J Alario, Richard Ross Stewart, Ronald A Dragg and William M Waterman. View Institutional Ownership Trends for Kirby.

KEX stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Richmond Hill Investments LLC, Russell Investments Group Ltd., Richmond Hill Investment Co. LP, First Trust Advisors LP, Barclays PLC, British Airways Pensions Investment Management Ltd and New York State Teachers Retirement System. Company insiders that have sold Kirby company stock in the last year include Amy D Husted, Christian G O'neil, David W Grzebinski, Dorman Lynn Strahan, Joseph H Reniers, Kim B Clarke, Monte J Miller, Richard Ross Stewart, Ronald A Dragg and William M Waterman. View Insider Buying and Selling for Kirby.

KEX stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Chartwell Investment Partners LLC, Diamond Hill Capital Management Inc., State Street Corp, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Stifel Financial Corp and Retirement Systems of Alabama. View Insider Buying and Selling for Kirby.

Shares of KEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of KEX stock can currently be purchased for approximately $83.64.

Kirby has a market capitalization of $5.01 billion and generates $2.97 billion in revenue each year. The shipping company earns $78.45 million in net income (profit) each year or $2.86 on an earnings per share basis. Kirby employs 2,500 workers across the globe.View Additional Information About Kirby.

The official website for Kirby is http://www.kirbycorp.com/.

Kirby's mailing address is 55 WAUGH DRIVE SUITE 1000, HOUSTON TX, 77251. The shipping company can be reached via phone at 713-435-1000 or via email at [email protected]