Kirby (KEX) Expected to Announce Earnings on Thursday

Kirby (NYSE:KEX) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $1.31 per share and revenue of $824.12 million for the quarter.

Kirby (NYSE:KEX) last announced its quarterly earnings data on Thursday, January 30th. The shipping company reported $1.29 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.01). Kirby had a net margin of 8.78% and a return on equity of 9.71%. On average, analysts expect Kirby to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Kirby Stock Up 0.1 %

Shares of KEX stock opened at $95.86 on Wednesday. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 0.88 and a beta of 0.99. Kirby has a one year low of $83.94 and a one year high of $132.21. The company’s fifty day moving average price is $97.75 and its 200-day moving average price is $109.14. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.05.

Insider Buying and Selling at Kirby

In other news, VP Scott P. Miller sold 1,244 shares of the business’s 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 sale, the vice president now directly owns 5,545 shares in the company, valued at $596,697.45. The trade was a 18.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on KEX. StockNews.com downgraded shares of Kirby from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. Bank of America reduced their price target on shares of Kirby from $133.00 to $123.00 and set a “buy” rating on the stock in a report on Friday, March 28th. Finally, Stifel Nicolaus reduced their price target on shares of Kirby from $136.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, January 31st.

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.