Kirby - KEX Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kirby in the last twelve months. 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 brokers have issued 1 year target prices for Kirby's stock. Their KEX share price forecasts range from $80.00 to $90.00. On average, they anticipate the company's share price to reach $85.00 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
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Kirby's stock was trading at $64.35 on January 1st, 2023. Since then, KEX shares have increased by 14.9% and is now trading at $73.97.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
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Kirby Co. (NYSE:KEX) released its quarterly earnings data on Tuesday, January, 31st. The shipping company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.03. The shipping company earned $730.17 million during the quarter, compared to analyst estimates of $714.06 million. Kirby had a net margin of 4.39% and a trailing twelve-month return on equity of 4.31%. The firm's quarterly revenue was up 23.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 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 number of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.94%), Lathrop Investment Management Corp (0.33%), New York State Common Retirement Fund (0.33%), Muhlenkamp & Co. Inc. (0.27%), VELA Investment Management LLC (0.21%) and Ziegler Capital Management LLC (0.21%). 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 $73.97.

Kirby (NYSE:KEX) has a market capitalization of $4.43 billion and generates $2.78 billion in revenue each year. The shipping company earns $-246,950,000.00 in net income (profit) each year or $2.03 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.