What is Zacks Research’s Estimate for Kirby FY2025 Earnings?

Kirby Corporation (NYSE:KEX) – Equities researchers at Zacks Research reduced their FY2025 earnings per share estimates for shares of Kirby in a research note issued on Wednesday, November 12th. Zacks Research analyst Team now forecasts that the shipping company will post earnings of $6.28 per share for the year, down from their previous forecast of $6.32. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Kirby’s current full-year earnings is $6.57 per share. Zacks Research also issued estimates for Kirby’s Q4 2026 earnings at $1.91 EPS, FY2026 earnings at $6.97 EPS and Q2 2027 earnings at $1.77 EPS.

A number of other equities analysts also recently weighed in on KEX. Citigroup raised shares of Kirby from a “neutral” rating to a “buy” rating and upped their price target for the stock from $110.00 to $128.00 in a research note on Wednesday, November 5th. Wall Street Zen raised Kirby from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. BTIG Research reiterated a “buy” rating and set a $125.00 price target on shares of Kirby in a report on Thursday, September 18th. Weiss Ratings restated a “hold (c+)” rating on shares of Kirby in a report on Wednesday, October 8th. Finally, Evercore ISI boosted their target price on shares of Kirby from $109.00 to $122.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Kirby presently has an average rating of “Moderate Buy” and a consensus price target of $123.40.

Kirby Stock Down 2.7%

KEX stock opened at $107.54 on Friday. The company has a 50 day moving average of $90.00 and a two-hundred day moving average of $101.54. The company has a market cap of $5.83 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 1.05 and a beta of 1.05. Kirby has a 12-month low of $79.51 and a 12-month high of $132.21. The company has a quick ratio of 1.12, a current ratio of 1.74 and a debt-to-equity ratio of 0.33.

Kirby (NYSE:KEX) last posted its quarterly earnings results on Wednesday, October 29th. The shipping company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.05. Kirby had a net margin of 9.22% and a return on equity of 10.06%. The business had revenue of $871.16 million during the quarter, compared to analyst estimates of $843.29 million. During the same period in the prior year, the firm earned $1.55 earnings per share. The firm’s revenue was up 4.8% compared to the same quarter last year.

Insider Activity at Kirby

In related news, Director Richard Ross Stewart sold 1,923 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $107.83, for a total value of $207,357.09. Following the transaction, the director directly owned 15,488 shares in the company, valued at approximately $1,670,071.04. This trade represents a 11.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Ronald A. Dragg sold 2,715 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $110.29, for a total transaction of $299,437.35. Following the transaction, the vice president directly owned 10,325 shares of the company’s stock, valued at approximately $1,138,744.25. This represents a 20.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On Kirby

Several hedge funds have recently modified their holdings of KEX. Alliancebernstein L.P. grew its position in Kirby by 72.5% in the 2nd quarter. Alliancebernstein L.P. now owns 2,282,865 shares of the shipping company’s stock worth $258,900,000 after purchasing an additional 959,209 shares during the last quarter. Norges Bank bought a new position in Kirby during the second quarter valued at about $78,256,000. Hood River Capital Management LLC acquired a new position in Kirby in the 2nd quarter valued at approximately $73,784,000. Select Equity Group L.P. lifted its position in shares of Kirby by 24.8% in the 1st quarter. Select Equity Group L.P. now owns 1,954,698 shares of the shipping company’s stock worth $197,444,000 after acquiring an additional 389,005 shares during the period. Finally, Park West Asset Management LLC grew its holdings in shares of Kirby by 69.3% during the 1st quarter. Park West Asset Management LLC now owns 776,000 shares of the shipping company’s stock worth $78,384,000 after purchasing an additional 317,721 shares in the last quarter. 96.15% of the stock is owned by institutional investors.

About Kirby

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.