Kirby Corporation (KEX)

NYSE: KEX · Real-Time Price · USD
129.30
+1.00 (0.78%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.78%
Market Cap 7.42B
Revenue (ttm) 3.26B
Net Income (ttm) 305.75M
Shares Out 57.40M
EPS (ttm) 5.20
PE Ratio 24.84
Forward PE 20.32
Dividend n/a
Ex-Dividend Date n/a
Volume 410,956
Open 128.71
Previous Close 128.30
Day's Range 127.10 - 132.21
52-Week Range 72.11 - 132.21
Beta 1.18
Analysts Strong Buy
Price Target 123.80 (-4.25%)
Earnings Date Oct 30, 2024

About KEX

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. It also transports petrochemicals, black oils, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barges and tugboat units that... [Read more]

Industry Marine Shipping
Sector Industrials
Founded 1921
Employees 5,450
Stock Exchange NYSE
Ticker Symbol KEX
Full Company Profile

Financial Performance

In 2023, Kirby's revenue was $3.09 billion, an increase of 11.02% compared to the previous year's $2.78 billion. Earnings were $222.87 million, an increase of 82.30%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for KEX stock is "Strong Buy." The 12-month stock price forecast is $123.8, which is a decrease of -4.25% from the latest price.

Price Target
$123.8
(-4.25% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Kirby: A Market Leader With Encouraging Growth Prospects

Kirby Corporation is poised for growth, driven by strong marine business pricing, high barge utilization, and favorable new build economics. The Distribution and Services segment benefits from robust ...

6 days ago - Seeking Alpha

Kirby Corporation: A GARP In The Marine Transportation Industry

Kirby Corporation is a growth at a reasonable price (GARP) stock, with a 71% price increase over the past year. The company's strong financial performance, effective cost management, and market domina...

7 days ago - Seeking Alpha

Kirby Corporation (KEX) Q3 2024 Earnings Call Transcript

Kirby Corporation (NYSE:KEX) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Kurt Niemietz - Vice President of Investor Relations and Treasurer David Grzebinski - Ch...

21 days ago - Seeking Alpha

Kirby Corporation Announces 2024 Third Quarter Results

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the third quarter ended September 30, 2024, of $90.0 million o...

21 days ago - GlobeNewsWire

Port Strike Impact: Key Stocks And Sectors At Risk

Boeing Company proposed its ‘final' offer last week to end a strike that has impacted over 33,000 workers. Boeing's strike may be followed by 45,000 ILA dockworkers on the East Coast and Gulf, who thr...

Other symbols: BADOLENKE
7 weeks ago - Seeking Alpha

Kirby Corporation Announces Date for 2024 Third Quarter Earnings Release and Earnings Webcast

HOUSTON, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2024 third quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Wednesday, October 30, 20...

7 weeks ago - GlobeNewsWire

Fall Into Profits: Top 10 Stocks For A September Dip

September is a historically challenging month for equity markets. Upcoming events on the economic calendar, inflation hysteria, and the November election could amplify the seasonal volatility in marke...

2 months ago - Seeking Alpha

Kirby Stock: Favorable Coastal Supply/Demand Dynamics Driving Strong Earnings Growth

Kirby Corporation is benefitting from strong demand leading to increases in margins. Kirby is achieving double-digit earnings growth, which may continue in 2024 and possibly beyond. Kirby's low valuat...

3 months ago - Seeking Alpha

Kirby Corporation (KEX) Q2 2024 Earnings Call Transcript

Kirby Corporation (NYSE:KEX) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Kurt Niemietz - VP, IR & Treasurer David Grzebinski - President & CEO Raj Kumar - EVP & CF...

3 months ago - Seeking Alpha

Kirby Corporation Announces 2024 Second Quarter Results

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2024, of $83.9 million or $1...

3 months ago - GlobeNewsWire

Kirby Corporation Announces Date for 2024 Second Quarter Earnings Release and Earnings Webcast

HOUSTON, June 28, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2024 second quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, August 1, 2024....

5 months ago - GlobeNewsWire

Top 10 Stocks For H2 2024 (SA Quant)

The S&P 500 repeatedly hit record highs in the first half of 2024, but concerns over prolonged inflation and high interest rates weighed on market enthusiasm. The Quant Team's portfolio of Top 10 Stoc...

5 months ago - Seeking Alpha

Kirby Corporation (KEX) Q1 2024 Earnings Call Transcript

Kirby Corporation (NYSE:KEX) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Kurt Niemietz - VP, IR and Treasurer David Grzebinski - President and CEO Raj Kumar - EVP ...

7 months ago - Seeking Alpha

Kirby Corporation Announces 2024 First Quarter Results

HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the first quarter ended March 31, 2024, of $70.1 million or $...

7 months ago - GlobeNewsWire

Kirby Corporation Announces Date for 2024 First Quarter Earnings Release and Earnings Webcast

HOUSTON, March 28, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2024 first quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, April 25, 2024....

8 months ago - GlobeNewsWire

Kirby Corporation to Present at the Stifel 2024 Transportation and Logistics Conference

HOUSTON, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE:KEX) announced today that Kirby will present at the Stifel 2024 Transportation & Logistics Conference on Tuesday, February ...

10 months ago - GlobeNewsWire

Kirby: Barging Market Leader Poised For Higher Earnings And Share Prices

Kirby Corporation is the largest inland and offshore tank barge operator in the United States. The company has experienced strong growth in its earnings and is expected to continue growing in the futu...

10 months ago - Seeking Alpha

Kirby Corporation (KEX) Q4 2023 Earnings Call Transcript

Kirby Corporation (KEX) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Kirby Corporation Announces 2023 Fourth Quarter and Full Year Results

HOUSTON, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2023, of $61.9 million o...

10 months ago - GlobeNewsWire

Kirby Corporation Announces Date for 2023 Fourth Quarter Earnings Release and Earnings Webcast

HOUSTON, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2023 fourth quarter results at 6:00 a.m. Central Standard Time (“CST”) on Thursday, February 1, 202...

11 months ago - GlobeNewsWire

Kirby Corporation to Present at the Stephens NASH2023 Investment Conference

HOUSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby" or “the Company”) (NYSE: KEX) announced today that Kirby will present in a fireside chat at the Stephens NASH2023 Investment Confe...

1 year ago - GlobeNewsWire

Kirby Corporation (KEX) Q3 2023 Earnings Call Transcript

Kirby Corporation (NYSE:KEX) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Kurt Niemietz - VP, IR & Treasurer David Grzebinski - President, CEO & Director Raj Kuma...

1 year ago - Seeking Alpha

Kirby Corporation Announces 2023 Third Quarter Results

HOUSTON, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the third quarter ended September 30, 2023 of $63.0 million or...

1 year ago - GlobeNewsWire

Kirby Corporation Announces Date For 2023 Third Quarter Earnings Release And Earnings Webcast

HOUSTON, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2023 third quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, October 26, 202...

1 year ago - GlobeNewsWire

Nation's First Plug-in Hybrid Electric Inland Towing Vessel Christened in Houston

HOUSTON, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Kirby Inland Marine, LP christened the GREEN DIAMOND, the nation's first plug-in hybrid electric inland towing vessel, at a ceremony in Houston on Friday, Au...

1 year ago - GlobeNewsWire