Zacks Research Has Bullish Forecast for Kirby Q1 Earnings

Kirby Co. (NYSE:KEX - Free Report) - Analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of Kirby in a research report issued to clients and investors on Tuesday, March 4th. Zacks Research analyst S. Goswami now forecasts that the shipping company will post earnings per share of $1.30 for the quarter, up from their previous estimate of $1.29. 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 $1.83 EPS.

Other equities analysts have also recently issued research reports about the company. StockNews.com cut Kirby from a "buy" rating to a "hold" rating in a report on Thursday, January 9th. Stifel Nicolaus cut their target price on Kirby from $136.00 to $135.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Kirby presently has a consensus rating of "Moderate Buy" and a consensus price target of $129.25.

Kirby Stock Up 1.5 %

Shares of Kirby stock traded up $1.40 on Friday, hitting $96.50. The company had a trading volume of 568,197 shares, compared to its average volume of 671,389. The firm has a market capitalization of $5.51 billion, a P/E ratio of 19.65, a P/E/G ratio of 0.88 and a beta of 1.18. Kirby has a twelve month low of $86.27 and a twelve month high of $132.21. The stock has a 50-day moving average of $105.84 and a 200-day moving average of $115.25. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.05.

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Kirby (NYSE:KEX - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The shipping company reported $1.29 EPS for the quarter, missing analysts' consensus estimates of $1.30 by ($0.01). Kirby had a return on equity of 9.71% and a net margin of 8.78%.

Hedge Funds Weigh In On Kirby

Institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of Kirby by 420.0% in the third quarter. Farther Finance Advisors LLC now owns 208 shares of the shipping company's stock valued at $25,000 after acquiring an additional 168 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of Kirby during the 4th quarter worth approximately $25,000. Colonial Trust Co SC increased its holdings in shares of Kirby by 295.3% during the fourth quarter. Colonial Trust Co SC now owns 253 shares of the shipping company's stock worth $27,000 after purchasing an additional 189 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Kirby in the third quarter valued at approximately $42,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of Kirby in the third quarter valued at approximately $52,000. 96.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Scott P. Miller sold 1,244 shares of Kirby stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $107.61, for a total value of $133,866.84. Following the completion of the transaction, the vice president now owns 5,545 shares of the company's stock, valued at $596,697.45. This trade represents a 18.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.50% of the stock is owned by corporate insiders.

Kirby Company Profile

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.