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) posted its quarterly earnings data on Thursday, January, 30th. The shipping company reported $0.58 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.59 by $0.01. The shipping company earned $655.90 million during the quarter, compared to analyst estimates of $651.81 million. Kirby had a net margin of 5.01% and a return on equity of 5.24%. The business's revenue for the quarter was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.75 earnings per share. View Kirby's Earnings History.

Kirby is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Kirby.

Kirby issued an update on its FY20 earnings guidance on Thursday, January, 30th. The company provided EPS guidance of $2.60-3.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.54.

7 brokers have issued 1-year price objectives for Kirby's stock. Their forecasts range from $80.00 to $100.00. On average, they anticipate Kirby's share price to reach $87.29 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Price Targets for Kirby.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirby in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kirby.

News articles about KEX stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kirby earned a news impact score of -4.9 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Kirby.

Kirby saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 3,450,000 shares, a decrease of 9.2% from the January 30th total of 3,800,000 shares. Based on an average daily trading volume, of 414,200 shares, the short-interest ratio is presently 8.3 days. Approximately 6.9% of the shares of the stock are sold short. 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), Teekay Offshore Partners (TOO), KNOT Offshore Partners (KNOP), Tidewater (TDW), International Seaways (INSW), Golden Ocean Group (GOGL), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP) and Golar LNG Partners (GMLP).

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

Kirby's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (12.18%), Diamond Hill Capital Management Inc. (4.05%), King Luther Capital Management Corp (3.43%), ArrowMark Colorado Holdings LLC (2.64%), State Street Corp (2.27%) and Artisan Partners Limited Partnership (2.21%). 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, Scott P Miller 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 Baillie Gifford & Co., Bank of America Corp DE, ArrowMark Colorado Holdings LLC, Van ECK Associates Corp, Scout Investments Inc., Diamond Hill Capital Management Inc., Schonfeld Strategic Advisors LLC and South Dakota Investment Council. 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, Scott P Miller and William M Waterman. View Insider Buying and Selling for Kirby.

KEX stock was acquired by a variety of institutional investors in the last quarter, including J. Goldman & Co LP, Cramer Rosenthal Mcglynn LLC, Walthausen & Co. LLC, Renaissance Technologies LLC, Scopus Asset Management L.P., Samlyn Capital LLC, Hodges Capital Management Inc. and Loomis Sayles & Co. L P. 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 $67.89.

Kirby has a market capitalization of $4.07 billion and generates $2.84 billion in revenue each year. The shipping company earns $142.35 million in net income (profit) each year or $2.90 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]