Kirby Corporation Company Profile (NYSE:KEX)

About Kirby Corporation

Kirby Corporation logoKirby Corporation is a domestic tank barge operator, transporting bulk liquid products. The Company, through its subsidiaries, operates in two segments: Marine Transportation and Diesel Engine Services. The Company, through its Marine Transportation segment, is a provider of marine transportation services, operating tank barges and towing vessels transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all the three United States coasts and in Alaska and Hawaii. Its engine services segment, sells replacement parts, provides service mechanics to overhaul and repair medium-speed and high-speed diesel engines, transmissions, reduction gears, pumps and compression products, maintains facilities to rebuild component parts or entire medium-speed and high-speed diesel engines.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Marine
  • Exchange: NYSE
  • Symbol: KEX
  • CUSIP: 49726610
Key Metrics:
  • Previous Close: $69.95
  • 50 Day Moving Average: $67.91
  • 200 Day Moving Average: $62.42
  • 52-Week Range: $50.80 - $73.40
  • Trailing P/E Ratio: 26.66
  • Foreward P/E Ratio: 27.61
  • P/E Growth: -2.02
  • Market Cap: $3.76B
  • Outstanding Shares: 53,854,000
  • Beta: 1.09
Profitability:
  • Net Margins: 7.99%
  • Return on Equity: 6.01%
  • Return on Assets: 3.37%
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 1.82%
  • Quick Ratio: 1.26%
Additional Links:
Companies Related to Kirby Corporation:

Analyst Ratings

Consensus Ratings for Kirby Corporation (NYSE:KEX) (?)
Ratings Breakdown: 8 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $63.00 (9.81% downside)

Analysts' Ratings History for Kirby Corporation (NYSE:KEX)
Show:
DateFirmActionRatingPrice TargetDetails
2/3/2017Wells Fargo & CoUpgradeUnderperform -> Market PerformView Rating Details
1/23/2017Jefferies Group LLCBoost Price TargetBuy$65.00 -> $75.00View Rating Details
1/18/2017OTR GlobalUpgradeNeutralView Rating Details
11/28/2016StephensDowngradeOverweight -> Equal Weight$70.00 -> $68.00View Rating Details
11/10/2016Seaport Global SecuritiesInitiated CoverageNeutral$55.00View Rating Details
9/28/2016Stifel NicolausBoost Price TargetHold$50.00 -> $54.00View Rating Details
9/20/2016RBC Capital MarketsUpgradeSector Perform -> Outperform$55.00 -> $68.00View Rating Details
9/20/2016Royal Bank of CanadaUpgradeSector Perform -> Outperform$55.00 -> $68.00View Rating Details
6/21/2016Credit Suisse GroupDowngradeOutperform -> Neutral$60.00View Rating Details
5/2/2016BB&T Co.UpgradeHold -> Buy$80.00View Rating Details
4/29/2016Cowen and CompanyDowngradeOutperform -> Market Perform$60.00 -> $65.00View Rating Details
4/28/2016Evercore ISIDowngradeBuy -> Hold$59.00 -> $54.00View Rating Details
1/28/2016FBR & CoReiterated RatingHoldView Rating Details
10/1/2015MacquarieUpgradeUnderperform -> Neutral$64.00View Rating Details
5/1/2015Bank of America CorpDowngradeBuy -> Underperform$86.00 -> $72.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Kirby Corporation (NYSE:KEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/1/2017Q416$0.52$0.60$403.52 million$435.70 millionViewListenView Earnings Details
10/26/2016Q316$0.55$0.59$274.21 million$434.70 millionViewN/AView Earnings Details
7/27/2016Q216$0.70$0.72$454.12 million$441.60 millionViewN/AView Earnings Details
4/27/2016Q116$0.78$0.71$461.51 million$458.70 millionViewN/AView Earnings Details
1/27/2016Q415$0.97$0.94$518.17 million$484.10 millionViewListenView Earnings Details
10/28/2015Q315$1.03$1.04$540.95 million$532.60 millionViewListenView Earnings Details
7/29/2015Q215$1.03$1.04$564.26 million$543.20 millionViewListenView Earnings Details
4/29/2015Q115$1.08$1.09$611.20 million$587.70 millionViewN/AView Earnings Details
1/28/2015Q414$1.15$1.19$633.23 million$668.30 millionViewN/AView Earnings Details
10/29/2014Q214$1.36$1.34$632.10 million$680.70 millionViewN/AView Earnings Details
7/30/2014Q114$1.30$1.31$614.10 million$628.05 millionViewN/AView Earnings Details
4/30/2014$1.09$1.15ViewN/AView Earnings Details
1/29/2014Q413$1.13$1.13$554.75 million$568.40 millionViewN/AView Earnings Details
10/28/2013Q313$1.12$1.13$573.20 million$551.10 millionViewN/AView Earnings Details
7/24/2013Q2 2013$1.05$1.08$566.44 million$563.91 millionViewN/AView Earnings Details
4/24/2013$0.93$1.00$529.71 million$558.79 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.86$1.03$502.84 million$512.60 millionViewN/AView Earnings Details
10/24/2012Q312$0.90$0.95$504.40 million$521.30 millionViewN/AView Earnings Details
7/25/2012$0.82$0.85ViewN/AView Earnings Details
4/25/2012$0.91$0.91ViewN/AView Earnings Details
2/2/2012$1.00$1.02ViewN/AView Earnings Details
4/27/2011$0.58$0.60ViewN/AView Earnings Details
1/26/2011$0.54$0.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Kirby Corporation (NYSE:KEX)
Current Year EPS Consensus Estimate: $2.04 EPS
Next Year EPS Consensus Estimate: $2.53 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.76$0.79$0.78
Q2 20164$0.71$0.79$0.76
Q3 20163$0.59$0.82$0.72
Q4 20165$0.48$1.03$0.73
Q1 20174$0.50$1.02$0.74
Q2 20174$0.43$1.07$0.73
Q3 20174$0.43$1.07$0.73
Q4 20172$0.43$0.87$0.65
Q1 20181$0.46$0.46$0.46
Q2 20181$0.52$0.52$0.52
Q3 20181$0.59$0.59$0.59
Q4 20181$0.66$0.66$0.66
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Kirby Corporation (NYSE:KEX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Kirby Corporation (NYSE:KEX)
Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 99.40%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/14/2017Dorman Lynn StrahanInsiderSell2,529$71.78$181,531.62View SEC Filing  
2/8/2017Christian G O'neilCOOSell2,254$68.70$154,849.80View SEC Filing  
2/8/2017William G IveyInsiderSell2,000$67.82$135,640.00View SEC Filing  
6/1/2016Monte J MillerDirectorSell3,000$69.31$207,930.00View SEC Filing  
5/18/2016Amy D HustedVPSell500$69.25$34,625.00View SEC Filing  
5/10/2016James F FarleyVPSell1,500$63.73$95,595.00View SEC Filing  
5/6/2016Dorman Lynn StrahanInsiderSell2,883$64.20$185,088.60View SEC Filing  
5/2/2016David R MosleyVPSell2,000$64.35$128,700.00View SEC Filing  
5/2/2016Renato A CastroTreasurerSell589$64.52$38,002.28View SEC Filing  
3/15/2016Amy D HustedVPSell1,000$59.65$59,650.00View SEC Filing  
3/14/2016William M Lamont JrDirectorSell3,500$60.22$210,770.00View SEC Filing  
3/11/2016Joseph H ReniersVPSell2,470$59.81$147,730.70View SEC Filing  
2/24/2016William M Lamont JrDirectorSell3,500$55.76$195,160.00View SEC Filing  
12/15/2015William M Lamont JrDirectorSell3,000$55.06$165,180.00View SEC Filing  
9/15/2015William M. Lamont, Jr.DirectorSell1,500$67.95$101,925.00View SEC Filing  
9/8/2015William M Lamont JrDirectorSell3,000$70.05$210,150.00View SEC Filing  
8/31/2015William M Lamont JrDirectorSell3,000$70.03$210,090.00View SEC Filing  
6/15/2015William M Lamont JrDirectorSell1,000$76.25$76,250.00View SEC Filing  
6/3/2015William M Lamont JrDirectorSell1,000$78.25$78,250.00View SEC Filing  
2/13/2015Joseph H ReniersVPSell2,459$79.00$194,261.00View SEC Filing  
9/15/2014William M Lamont JrDirectorSell1,000$122.33$122,330.00View SEC Filing  
9/9/2014James F FarleyInsiderSell4,000$121.09$484,360.00View SEC Filing  
9/3/2014William M Lamont JrDirectorSell2,000$120.22$240,440.00View SEC Filing  
8/20/2014Ronald A DraggVPSell1,337$120.27$160,800.99View SEC Filing  
5/29/2014J H PyneChairmanSell41,178$110.18$4,536,992.04View SEC Filing  
5/29/2014William M Lamont JrDirectorSell2,500$110.19$275,475.00View SEC Filing  
5/27/2014William G IveyInsiderSell11,050$110.65$1,222,682.50View SEC Filing  
5/8/2014William Lamont, Jr.DirectorSell26,000$106.55$2,770,300.00View SEC Filing  
5/5/2014William IveyInsiderSell2,000$107.00$214,000.00View SEC Filing  
3/14/2014William WatermanDirectorSell14,763$102.05$1,506,564.15View SEC Filing  
3/13/2014William WatermanDirectorSell79,793$103.67$8,272,140.31View SEC Filing  
3/11/2014William WatermanDirectorSell53,194$104.37$5,551,857.78View SEC Filing  
3/7/2014William Lamont, Jr.DirectorSell5,000$106.05$530,250.00View SEC Filing  
2/24/2014David MosleyVPSell1,000$102.74$102,740.00View SEC Filing  
2/21/2014Dorman Lynn StrahanInsiderSell4,000$101.38$405,520.00View SEC Filing  
2/18/2014David LemmonDirectorSell6,000$102.00$612,000.00View SEC Filing  
2/14/2014Gregory BinionInsiderSell41,038$100.98$4,144,017.24View SEC Filing  
2/13/2014Joseph ReniersVPSell3,400$100.73$342,482.00View SEC Filing  
2/12/2014Richard Ross StewartDirectorSell4,790$99.08$474,593.20View SEC Filing  
2/10/2014Gregory BinionCOOSell1,681$98.50$165,578.50View SEC Filing  
2/10/2014Richard Ross StewartDirectorSell11,210$99.03$1,110,126.30View SEC Filing  
2/7/2014James FarleyInsiderSell1,000$100.00$100,000.00View SEC Filing  
2/6/2014David LemmonDirectorSell6,000$97.00$582,000.00View SEC Filing  
2/6/2014Gregory BinionCOOSell10,000$98.23$982,300.00View SEC Filing  
2/4/2014William IveyInsiderSell2,000$94.39$188,780.00View SEC Filing  
12/2/2013William IveyInsiderSell1,000$95.77$95,770.00View SEC Filing  
11/18/2013Ronald DraggVPSell1,473$95.06$140,023.38View SEC Filing  
11/15/2013David GrzebinskiCFOSell5,000$95.07$475,350.00View SEC Filing  
11/13/2013Bob GowerDirectorSell26,574$92.14$2,448,528.36View SEC Filing  
9/10/2013Amy D HustedVPSell5,250$84.01$441,052.50View SEC Filing  
9/10/2013William M Lamont JrDirectorSell4,000$84.06$336,240.00View SEC Filing  
9/5/2013J H PyneCEOSell39,993$81.76$3,269,827.68View SEC Filing  
9/4/2013J PyneCEOSell160,007$80.34$12,854,962.38View SEC Filing  
8/29/2013David LemmonDirectorSell6,000$82.56$495,360.00View SEC Filing  
8/5/2013Dorman Lynn StrahanInsiderSell2,200$85.45$187,990.00View SEC Filing  
8/1/2013Gregory BinionCOOSell10,000$87.38$873,800.00View SEC Filing  
8/1/2013Richard Ross StewartDirectorSell6,000$88.25$529,500.00View SEC Filing  
7/30/2013William G IveyInsiderSell12,800$83.90$1,073,920.00View SEC Filing  
7/29/2013David W GrzebinskiCFOSell2,996$83.26$249,446.96View SEC Filing  
6/14/2013William M Lamont JrDirectorSell1,000$80.65$80,650.00View SEC Filing  
6/7/2013William M Lamont JrDirectorSell3,000$76.50$229,500.00View SEC Filing  
5/16/2013James F FarleyInsiderSell7,103$80.41$571,152.23View SEC Filing  
5/15/2013Dorman Lynn StrahanInsiderSell6,649$79.51$528,661.99View SEC Filing  
5/15/2013Joseph H ReniersVPSell1,400$79.51$111,314.00View SEC Filing  
3/12/2013James F FarleyInsiderSell12,000$77.12$925,440.00View SEC Filing  
2/5/2013Dorman Lynn StrahanInsiderSell2,471$70.46$174,106.66View SEC Filing  
2/4/2013David L LemmonDirectorSell6,000$69.96$419,760.00View SEC Filing  
2/4/2013David R MosleyVPSell1,500$70.26$105,390.00View SEC Filing  
12/4/2012J H PyneCEOSell83,000$57.56$4,777,480.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Kirby Corporation (NYSE:KEX)
DateHeadline
News IconNumbers in Focus for Kirby Corporation (NYSE:KEX) - Providence Standard (NYSE:KEX)
providencestandard.com - February 25 at 8:32 AM
News IconAre Analysts Optimistic About Where Kirby Corporation (NYSE:KEX) is Heading? - Winfield Review (NYSE:KEX)
winfieldreview.com - February 25 at 8:32 AM
News IconInvestor Corner: Checking the Numbers on Kirby Corporation (NYSE:KEX) - Rives Journal (NYSE:KEX)
rivesjournal.com - February 23 at 11:10 PM
biz.yahoo.com logoKIRBY CORP Files SEC form 10-K, Annual Report (NYSE:KEX)
biz.yahoo.com - February 23 at 6:08 PM
News IconMarket Scanner: Checking the Levels for Kirby Corporation (NYSE:KEX) - The Standard (NYSE:KEX)
6milestandard.com - February 22 at 6:19 PM
News IconShare Focus: Watching Levels for Kirby Corporation (KEX) - Providence Standard (NYSE:KEX)
providencestandard.com - February 17 at 1:02 PM
News IconInvestor Watch on Shares of Kirby Corporation (NYSE:KEX) - Davidson Register (NYSE:KEX)
davidsonregister.com - February 17 at 1:02 PM
News IconTechnical Checkup on Shares of Kirby Corporation (NYSE:KEX) - Baldwin Journal (NYSE:KEX)
baldwinjournal.com - February 15 at 5:38 AM
News IconDigging Deeper into Shares of Kirby Corporation (NYSE:KEX) - Rives Journal (NYSE:KEX)
rivesjournal.com - February 10 at 6:56 PM
finance.yahoo.com logoKirby Corporation To Present At The Stifel Transportation & Logistics Conference (NYSE:KEX)
finance.yahoo.com - February 8 at 6:55 PM
News IconKeeping Tabs on Technicals for Kirby Corporation (KEX) - Davidson Register (NYSE:KEX)
davidsonregister.com - February 8 at 5:29 AM
thestreet.com logoTime to Bulk Up on Shipper Kirby Corp. (NYSE:KEX)
realmoney.thestreet.com - February 7 at 7:26 PM
realistinvestor.com logoResearch Analysts Set Kirby Corporation (NYSE:KEX) Price Target at $63.571 - RealistInvestor.com (NYSE:KEX)
www.realistinvestor.com - February 6 at 11:16 PM
capitalcube.com logoKirby Corp. :KEX-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017 (NYSE:KEX)
www.capitalcube.com - February 6 at 6:15 PM
News IconAnalyst Observation On 2 Stocks: Teradyne, Inc. (NYSE:TER), Kirby Corporation (NYSE:KEX) - Post Analyst (NYSE:KEX)
postanalyst.com - February 4 at 4:52 AM
finance.yahoo.com logoKirby upgraded by Wells Fargo (NYSE:KEX)
finance.yahoo.com - February 3 at 6:50 PM
capitalcube.com logoKirby Corp. :KEX-US: Earnings Analysis: Q4, 2016 By the Numbers : February 3, 2017 (NYSE:KEX)
www.capitalcube.com - February 3 at 6:49 PM
capitalcube.com logoKirby Corp. :KEX-US: Earnings Analysis: 2016 By the Numbers : February 3, 2017 (NYSE:KEX)
www.capitalcube.com - February 3 at 6:49 PM
finance.yahoo.com logoEdited Transcript of KEX earnings conference call or presentation 2-Feb-17 1:30pm GMT (NYSE:KEX)
finance.yahoo.com - February 2 at 11:53 PM
seekingalpha.com logoKirby's (KEX) CEO David Grzebinski on Q4 2016 Results - Earnings Call Transcript (NYSE:KEX)
seekingalpha.com - February 2 at 6:52 PM
streetinsider.com logoKirby Corp. (KEX) Tops Q4 EPS by 8c - StreetInsider.com (NYSE:KEX)
www.streetinsider.com - February 2 at 4:59 AM
4-traders.com logoKirby : tops Street 4Q forecasts (NYSE:KEX)
www.4-traders.com - February 1 at 11:58 PM
rttnews.com logoKirby Corp Bottom Line Retreats 36% In Q4 (NYSE:KEX)
www.rttnews.com - February 1 at 11:58 PM
streetinsider.com logoKirby Corp. (KEX) Tops Q4 EPS by 8c (NYSE:KEX)
www.streetinsider.com - February 1 at 11:58 PM
biz.yahoo.com logoQ4 2016 Kirby Corp Earnings Release - 5:00 pm ET (NYSE:KEX)
us.rd.yahoo.com - February 1 at 11:58 PM
us.rd.yahoo.com logoKirby Corporation Announces 2016 Fourth Quarter And Full Year Results (NYSE:KEX)
us.rd.yahoo.com - February 1 at 11:58 PM
us.rd.yahoo.com logo5:54 pm Kirby beats by $0.08, beats on revs; guides Q1 EPS in-line; guides FY17 EPS below consensus (NYSE:KEX)
us.rd.yahoo.com - February 1 at 11:58 PM
News IconSetting the Table For Earnings, Stock In Focus: Kirby Corporation (NYSE:KEX) - Aiken Advocate (NYSE:KEX)
aikenadvocate.com - February 1 at 6:57 PM
News IconShares to Watch: Indicator Update on Kirby Corporation (KEX) - Springdale Times (NYSE:KEX)
springdaletimes.com - February 1 at 6:57 PM
News IconKirby Corporation (NYSE:KEX) to Post $0.52 Earnings Per Share: Analysts - Wall Street Beacon (NYSE:KEX)
wsbeacon.com - February 1 at 6:57 PM
nasdaq.com logoKirby Corp Bottom Line Retreats 36% In Q4 - Nasdaq (NYSE:KEX)
www.nasdaq.com - February 1 at 6:57 PM
sg.finance.yahoo.com logoKirby tops Street 4Q forecasts (NYSE:KEX)
sg.finance.yahoo.com - February 1 at 6:57 PM
seekingalpha.com logoKirby beats by $0.08, beats on revenue (NYSE:KEX)
seekingalpha.com - February 1 at 6:55 PM
News IconChecking the Levels on Shares of Kirby Corporation (NYSE:KEX) - The Tribune (NYSE:KEX)
lakecitytribune.com - January 31 at 4:52 AM
realistinvestor.com logoKirby Corporation (NYSE:KEX) Mean Rating At $3 - Realist Investor - RealistInvestor.com (NYSE:KEX)
www.realistinvestor.com - January 31 at 4:52 AM
News IconStock to Watch: Kirby Corporation (KEX) - Market Point (NYSE:KEX)
mtptnews.com - January 29 at 4:35 AM
News IconVolatility Watch on Shares of Kirby Corporation (NYSE:KEX) - The Tribune (NYSE:KEX)
lakecitytribune.com - January 26 at 7:53 PM
News IconMarket Focus: Checking Indicators on Shares of Kirby Corporation (KEX) - Market Point (NYSE:KEX)
mtptnews.com - January 26 at 5:34 AM
News IconKirby Corp. (KEX) Stock Down After Price Target Increase at Jefferies - BNB Daily (blog) (NYSE:KEX)
www.baseball-news-blog.com - January 26 at 12:34 AM
capitalcube.com logoKirby Corp. breached its 50 day moving average in a Bullish Manner : KEX-US : January 25, 2017 (NYSE:KEX)
us.rd.yahoo.com - January 25 at 7:33 PM
realistinvestor.com logoAnalysts Rating Of Kirby Corporation (NYSE:KEX) At 3 (NYSE:KEX)
www.realistinvestor.com - January 24 at 6:50 PM
News IconWhat are Research Firms Saying About Kirby Corporation (NYSE:KEX)? - Aiken Advocate (NYSE:KEX)
aikenadvocate.com - January 23 at 6:26 PM
realistinvestor.com logoMean Rating Of Kirby Corporation (NYSE:KEX) At $3 - RealistInvestor.com (NYSE:KEX)
www.realistinvestor.com - January 23 at 6:26 PM
News IconCheck on Average Directional Index for Kirby Corporation (KEX) - Springdale Times (NYSE:KEX)
springdaletimes.com - January 22 at 5:59 PM
News IconStock Backsliding Ahead of the Bell, Gapping Down: Kirby Corporation (NYSE:KEX) - Aiken Advocate (NYSE:KEX)
aikenadvocate.com - January 18 at 6:40 PM
News IconFirms & Funds Reinforcing Their Perception of Kirby Corporation (NYSE:KEX) - Wall Street Beacon (NYSE:KEX)
wsbeacon.com - January 18 at 6:40 PM
realistinvestor.com logoKirby Corporation (NYSE:KEX) Mean Rating At $3 (NYSE:KEX)
www.realistinvestor.com - January 16 at 6:26 PM
News IconWill The Needle Move For Kirby Corporation (NYSE:KEX) Shares This Earnings Season? - Wall Street Beacon (NYSE:KEX)
wsbeacon.com - January 14 at 5:27 AM
News IconROIC Watch for Kirby Corporation (NYSE:KEX) - Wall Street Beacon (NYSE:KEX)
wsbeacon.com - January 12 at 6:38 PM
capitalcube.com logoKirby Corp. – Value Analysis (NYSE:KEX) : January 12, 2017 (NYSE:KEX)
www.capitalcube.com - January 12 at 6:38 PM

Social

What is Kirby Corporation's stock symbol?

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

Where is Kirby Corporation's stock going? Where will Kirby Corporation's stock price be in 2017?

12 brokers have issued 1-year target prices for Kirby Corporation's stock. Their predictions range from $46.00 to $80.00. On average, they anticipate Kirby Corporation's share price to reach $63.00 in the next year.

When will Kirby Corporation announce their earnings?

Kirby Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What are analysts saying about Kirby Corporation stock?

Here are some recent quotes from research analysts about Kirby Corporation stock:

  • According to Zacks Investment Research, "Kirby Corporation conducts operations in two business segments: marine transportation and diesel repair. The Company's marine transportation segment is engaged in the inland transportation of industrial chemicals, petrochemical feedstocks, agricultural chemicals and refined petroleum products by tank barge; and in the offshore transportation of refined petroleum products by tanker and tank barge, and dry-bulk, container and palletized cargoes by barge and break-bulk ship. The Company's diesel repair segment is engaged in the sale, overhaul and repair of diesel engines and related parts sales. " (1/17/2017)

  • Wells Fargo & Co analysts commented, "We looked at every competitor with at least 100 tank barges as potential M&A scenarios – ie. (names we think are large enough to move the needle for KEX), and narrowed it down to the 3-4 options we believe are the most viable. That list includes Ingram, Higman Marine, Blessey Marine Services, and American River Tankers – with Higman Marine making the most sense to us. Specifically, we screened for ownership structure, debt profile/balance sheet strength, market position/growth pipeline (is the firm currently expanding), and fleet size/diversification.  Have Inland Pricing Dynamics Shifted Since Our July Downgrade? Not materially. We do not believe this summer’s flooding issues had a meaningful impact on pricing/available capacity, and all indications suggest that the inland barge market remains subdued near its July lows." (9/20/2016)

  • Credit Suisse Group analysts commented, "While we like KEXs competitive position (25+ percent share in core inland/coastal businesses) and the long-term outlook for the maritime business at 20x our 2017 EPS estimate (12 percent below consensus) we believe the upside/downside risk is skewed to the downside," analyst Gregory Lewis wrote in a note.Looking at refined product, chemicals and crude volumes, Lewis highlighted that tonnage on the river looks to be down 3–4 percent in the second quarter versus last year. Unsurprisingly, crude volumes were down more than 10 percent, but refined products volumes were also down about 10 percent. Meanwhile, chemicals rose about 10 percent.Related Link: Marathon Oil Has Significant Upside, Citi Raises TargetLewis, who maintains his price target of $60, said Kirby's pricing lags in both down and up markets, which means "if 2016 is the bottom in inland pricing the earnings bottom is not until 2017."Without a pickup in Coastal or DES, 2017 earnings could look a lot like 2016."Pricing Pressures Moving ForwardLewis noted that the company may face pricing pressures due to the lifting of the ban on U.S. crude exports that has put downward pressure on the U.S. Jones Act tanker market (down 20–30 percent). Although Kirby's coastal fleet utilization is expected to remain in the 90 percent range, the analyst said competition from larger Jones Act tankers could weigh on pricing."We expect some older coastal barge tonnage to eventually be scrapped but that does not happen in a strong market. The market will re-balance but that will take time," Lewis continued.Meanwhile, shares of Kirby were up 10 percent since first quarter earnings where they cut guidance 8 percent. Kirby has outperformed the DJ Transport Index (6 percent weighting) by 1200bps since the first quarter earnings. "Despite our bullish outlook for a 2H17 pressure pumping recovery (both utilization and pricing) DES only represents 20 percent of KEX business in the best of times," (6/21/2016)

Who owns Kirby Corporation stock?

Kirby Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (7.62%), Baillie Gifford & Co. (5.96%), Artisan Partners Limited Partnership (0.00%), Dimensional Fund Advisors LP (0.00%), State Street Corp (0.00%) and Fiduciary Management Inc. WI (2.55%). Company insiders that own Kirby Corporation stock include Amy D Husted, Christian G O'neil, David R Mosley, Dorman Lynn Strahan, James F Farley, Joseph H Reniers, Monte J Miller, Renato A Castro, William G Ivey, William M Lamont Jr and William M Lamont, Jr.

Who sold Kirby Corporation stock? Who is selling Kirby Corporation stock?

Kirby Corporation's stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Artisan Partners Limited Partnership, Royce & Associates LP, State Street Corp, Atlanta Capital Management Co. L L C, Dimensional Fund Advisors LP, S&T Bank PA and Baillie Gifford & Co.. Company insiders that have sold Kirby Corporation stock in the last year include Amy D Husted, Christian G O'neil, David R Mosley, Dorman Lynn Strahan, James F Farley, Joseph H Reniers, Monte J Miller, Renato A Castro, William G Ivey and William M Lamont Jr.

Who bought Kirby Corporation stock? Who is buying Kirby Corporation stock?

Kirby Corporation's stock was acquired by a variety of institutional investors in the last quarter, including FIL Ltd, Arrowpoint Asset Management LLC, Russell Investments Group Ltd., Sandler Capital Management, Thrivent Financial for Lutherans, Elkfork Partners LLC, Marshall Wace LLP and Fiduciary Management Inc. WI.

How do I buy Kirby Corporation stock?

Shares of Kirby Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Kirby Corporation stock cost?

One share of Kirby Corporation stock can currently be purchased for approximately $69.85.

Kirby Corporation (NYSE:KEX) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Kirby Corporation (NYSE:KEX)

Earnings History Chart

Earnings by Quarter for Kirby Corporation (NYSE:KEX)

Dividend History Chart

Dividend Payments by Quarter for Kirby Corporation (NYSE:KEX)

Last Updated on 2/26/2017 by MarketBeat.com Staff