Kansas City Southern (NYSE:KSU) is scheduled to issue its Q316 quarterly earnings data on Tuesday, October 18th.
Kansas City Southern (NYSE:KSU) last issued its earnings results on Tuesday, July 19th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.14. The firm had revenue of $569 million for the quarter, compared to analyst estimates of $572.20 million. Kansas City Southern had a return on equity of 12.00% and a net margin of 21.13%. On average, analysts expect Kansas City Southern to post $4.73 EPS for the current fiscal year and $5.33 EPS for the next fiscal year.
Shares of Kansas City Southern (NYSE:KSU) opened at 93.26 on Friday. The company has a market capitalization of $10.07 billion, a price-to-earnings ratio of 20.30 and a beta of 1.14. Kansas City Southern has a 52 week low of $62.20 and a 52 week high of $100.69. The firm has a 50 day moving average price of $93.60 and a 200 day moving average price of $92.67.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 5th. Stockholders of record on Monday, September 12th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Thursday, September 8th. Kansas City Southern’s dividend payout ratio is currently 28.82%.
KSU has been the subject of several research reports. Credit Suisse Group AG reissued a “hold” rating and issued a $101.00 target price on shares of Kansas City Southern in a research report on Tuesday, September 13th. Zacks Investment Research upgraded Kansas City Southern from a “hold” rating to a “buy” rating and set a $101.00 price target on the stock in a research note on Tuesday, September 20th. Vertical Research started coverage on Kansas City Southern in a research note on Tuesday. They issued a “hold” rating on the stock. BMO Capital Markets restated a “market perform” rating and issued a $98.00 price target on shares of Kansas City Southern in a research note on Tuesday, October 4th. Finally, Loop Capital restated a “buy” rating on shares of Kansas City Southern in a research note on Friday, September 9th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $100.92.
In other Kansas City Southern news, insider David L. Starling sold 5,100 shares of the firm’s stock in a transaction dated Wednesday, July 20th. The stock was sold at an average price of $98.88, for a total transaction of $504,288.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP William J. Wochner sold 26,521 shares of the firm’s stock in a transaction dated Wednesday, July 20th. The shares were sold at an average price of $98.32, for a total value of $2,607,544.72. The disclosure for this sale can be found here. Company insiders own 0.86% of the company’s stock.
Large investors have recently bought and sold shares of the stock. Advantus Capital Management Inc boosted its stake in Kansas City Southern by 1.0% in the second quarter. Advantus Capital Management Inc now owns 10,509 shares of the company’s stock worth $947,000 after buying an additional 102 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Kansas City Southern by 4.1% in the second quarter. Thrivent Financial for Lutherans now owns 3,300 shares of the company’s stock worth $297,000 after buying an additional 130 shares in the last quarter. Pacer Advisors Inc. boosted its stake in Kansas City Southern by 8.6% in the second quarter. Pacer Advisors Inc. now owns 2,160 shares of the company’s stock worth $195,000 after buying an additional 171 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Kansas City Southern by 7.3% in the second quarter. Baird Financial Group Inc. now owns 6,839 shares of the company’s stock worth $642,000 after buying an additional 464 shares in the last quarter. Finally, Toronto Dominion Bank boosted its stake in Kansas City Southern by 3.4% in the second quarter. Toronto Dominion Bank now owns 22,605 shares of the company’s stock worth $2,038,000 after buying an additional 750 shares in the last quarter. 91.32% of the stock is currently owned by institutional investors and hedge funds.
Kansas City Southern Company Profile
Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.
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