FY2026 Earnings Estimate for Kirby Issued By Zacks Research

Kirby Corporation (NYSE:KEX – Free Report) – Equities research analysts at Zacks Research boosted their FY2026 EPS estimates for shares of Kirby in a research note issued to investors on Wednesday, November 11th. Zacks Research analyst Team now forecasts that the shipping company will earn $7.23 per share for the year, up from their prior estimate of $7.07. The consensus estimate for Kirby’s current full-year earnings is $7.26 per share. Zacks Research also issued estimates for Kirby’s Q4 2026 earnings at $1.97 EPS, Q1 2027 earnings at $1.83 EPS, Q2 2027 earnings at $2.20 EPS, Q3 2027 earnings at $2.42 EPS, FY2027 earnings at $8.68 EPS, Q3 2028 earnings at $2.59 EPS and FY2028 earnings at $9.53 EPS.

Several other equities analysts have also recently issued reports on KEX. Citigroup reduced their price objective on Kirby from $170.00 to $169.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Weiss Ratings upgraded shares of Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, September 14th. Stephens increased their target price on shares of Kirby from $170.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, October 29th. Wall Street Zen raised shares of Kirby from a “hold” rating to a “buy” rating in a report on Saturday, November 7th. Finally, JPMorgan Chase & Co. raised their price target on shares of Kirby from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, October 29th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $171.43.

Check Out Our Latest Stock Report on KEX

Kirby Stock Performance

KEX stock opened at $128.29 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.12 and a debt-to-equity ratio of 0.31. The firm has a market cap of $6.67 billion, a P/E ratio of 18.49, a P/E/G ratio of 1.12 and a beta of 0.81. Kirby has a 12-month low of $105.10 and a 12-month high of $157.69. The stock’s 50 day simple moving average is $135.28 and its 200 day simple moving average is $136.65.

Kirby (NYSE:KEX – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The shipping company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.00 by $0.09. The business had revenue of $977.21 million for the quarter, compared to analysts’ expectations of $938.84 million. Kirby had a net margin of 10.39% and a return on equity of 10.92%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.65 earnings per share.

Institutional Investors Weigh In On Kirby

Hedge funds have recently added to or reduced their stakes in the stock. Provenance Wealth Advisors LLC acquired a new stake in shares of Kirby in the 3rd quarter worth about $27,000. Pension & Wealth Management Advisors Inc. bought a new stake in Kirby in the 3rd quarter valued at about $45,000. Parkside Financial Bank & Trust boosted its stake in Kirby by 488.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 477 shares of the shipping company’s stock valued at $65,000 after purchasing an additional 396 shares during the period. Fulcrum Asset Management LLP acquired a new position in Kirby during the 3rd quarter valued at about $67,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Kirby by 18.2% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 520 shares of the shipping company’s stock valued at $69,000 after purchasing an additional 80 shares during the period. 96.15% of the stock is currently owned by institutional investors.

Insider Transactions at Kirby

In related news, CEO David Grzebinski sold 18,310 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $141.32, for a total transaction of $2,587,569.20. Following the completion of the transaction, the chief executive officer directly owned 79,931 shares in the company, valued at $11,295,848.92. This represents a 18.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.80% of the stock is owned by corporate insiders.

About Kirby

(Get Free Report)

Kirby Corporation is a marine transportation and services company founded in 1921 and headquartered in Houston, Texas. Its marine transportation business moves bulk liquid products by tank barge and towboat across U.S. inland waterways and along the coast. Cargoes include petrochemicals, refined petroleum products and other industrial liquids. The company also provides coastal marine transportation, serving customers in U.S. coastal markets. Its vessels and barges support the movement of liquid commodities between ports and other destinations.

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Earnings History and Estimates for Kirby (NYSE:KEX)

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