Kansas City Southern (NYSE:KSU) – Equities research analysts at Seaport Global Securities lowered their Q1 2017 EPS estimates for shares of Kansas City Southern in a report released on Monday. Seaport Global Securities analyst M. Levin now expects that the brokerage will post earnings per share of $1.16 for the quarter, down from their prior forecast of $1.20. Seaport Global Securities currently has a “Neutral” rating and a $90.00 price target on the stock. Seaport Global Securities also issued estimates for Kansas City Southern’s FY2017 earnings at $5.00 EPS.
Other research analysts also recently issued research reports about the company. Loop Capital reaffirmed a “buy” rating and issued a $98.00 price target on shares of Kansas City Southern in a research note on Thursday, January 5th. Aegis boosted their price target on Kansas City Southern from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, January 23rd. Buckingham Research began coverage on Kansas City Southern in a research note on Wednesday, January 18th. They issued a “buy” rating and a $103.00 price target for the company. Stifel Nicolaus raised Kansas City Southern from a “hold” rating to a “buy” rating and boosted their price target for the company from $94.00 to $96.00 in a research note on Thursday, December 15th. They noted that the move was a valuation call. Finally, Stephens downgraded Kansas City Southern from an “overweight” rating to an “equal weight” rating in a research note on Friday, December 9th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $98.06.
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Kansas City Southern (NYSE:KSU) opened at 83.41 on Tuesday. The firm has a market capitalization of $8.90 billion, a P/E ratio of 18.83 and a beta of 0.91. Kansas City Southern has a 52-week low of $79.05 and a 52-week high of $100.69. The firm’s 50-day moving average is $87.02 and its 200-day moving average is $88.15.
Kansas City Southern (NYSE:KSU) last released its earnings results on Friday, January 20th. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by $0.05. Kansas City Southern had a net margin of 20.48% and a return on equity of 11.14%. The business had revenue of $599 million for the quarter. During the same quarter in the previous year, the firm posted $1.23 EPS. The company’s revenue for the quarter was up .1% on a year-over-year basis.
Institutional investors have recently modified their holdings of the company. State of New Jersey Common Pension Fund D raised its position in shares of Kansas City Southern by 26.7% in the third quarter. State of New Jersey Common Pension Fund D now owns 190,000 shares of the company’s stock worth $17,731,000 after buying an additional 40,000 shares during the last quarter. Cornerstone Advisors Inc. raised its position in shares of Kansas City Southern by 494.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,319 shares of the company’s stock worth $123,000 after buying an additional 1,097 shares during the last quarter. Oakbrook Investments LLC purchased a new position in shares of Kansas City Southern during the third quarter worth $1,092,000. Nationwide Fund Advisors raised its position in shares of Kansas City Southern by 12.1% in the third quarter. Nationwide Fund Advisors now owns 166,400 shares of the company’s stock worth $15,528,000 after buying an additional 17,900 shares during the last quarter. Finally, Bank of Montreal Can raised its position in shares of Kansas City Southern by 0.9% in the third quarter. Bank of Montreal Can now owns 265,034 shares of the company’s stock worth $24,733,000 after buying an additional 2,337 shares during the last quarter. 90.48% of the stock is currently owned by institutional investors.
In other Kansas City Southern news, insider Delano Jose Guillermo Zozaya sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 31st. The stock was sold at an average price of $85.41, for a total value of $85,410.00. Following the transaction, the insider now directly owns 46,852 shares of the company’s stock, valued at $4,001,629.32. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.86% of the stock is currently owned by insiders.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 5th. Shareholders of record on Monday, March 13th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Thursday, March 9th. Kansas City Southern’s dividend payout ratio (DPR) is presently 29.80%.
Kansas City Southern Company Profile
Kansas City Southern (KCS) is a holding company. The Company has 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’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.
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