Kirby Corporation (KEX)

NYSE: KEX · IEX Real-Time Price · USD
65.30
-0.63 (-0.96%)
May 18, 2022 11:57 AM EDT - Market open
Market Cap3.94B
Revenue (ttm)2.36B
Net Income (ttm)-226.15M
Shares Out60.30M
EPS (ttm)-3.76
PE Ration/a
Forward PE44.05
Dividendn/a
Ex-Dividend Daten/a
Volume101,468
Open65.80
Previous Close65.93
Day's Range65.09 - 66.32
52-Week Range47.58 - 75.08
Beta1.40
AnalystsBuy
Price Target77.39 (+18.5%)
Earnings DateApr 28, 2022

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 transport petrochemical, black oil, refined petroleum product, and agricultural chemicals by tank barge; and operates offshore dry-bulk barge and tugboat unit that are en...

IndustryMarine
Founded1921
CEODavid Grzebinski
Employees5,125
Stock ExchangeNYSE
Ticker SymbolKEX
Full Company Profile

Financial Performance

In 2021, Kirby's revenue was $2.25 billion, an increase of 3.47% compared to the previous year's $2.17 billion. Losses were -$246.95 million, -9.39% less than in 2020.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for KEX stock is "Buy." The 12-month stock price forecast is 77.39, which is an increase of 18.51% from the latest price.

Price Target
$77.39
(18.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Kirby's (KEX) Q1 Earnings in Line, Revenues Increase Y/Y

Kirby's (KEX) Q1 results benefit from higher revenues at the marine transportation, and distribution and services segments despite Omicron-induced woes.

1 week ago - Zacks Investment Research

Kirby Corporation Announces 2022 First Quarter Results

HOUSTON, April 28, 2022 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the first quarter ended March 31, 2022 of $17.4 million or $0.2...

2 weeks ago - GlobeNewsWire

Kirby (KEX) Earnings Expected to Grow: Should You Buy?

Kirby (KEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Kirby Corporation Announces Date for 2022 First Quarter Earnings Release and Earnings Webcast

HOUSTON, April 04, 2022 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2022 first quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, April 28, 2022. T...

1 month ago - GlobeNewsWire

Low Liquidity Hurts Kirby (KEX) Amid Rising Segmental Revenues

Kirby (KEX) banks on strong cost-management strategies and a rise in segmental revenues. However, low current ratio is a headwind.

2 months ago - Zacks Investment Research

Kirby (KEX) Stock Up More Than 5% Since Q4 Earnings Release

Higher revenues at the marine transportation, and distribution and services segments buoy Kirby's (KEX) Q4 results despite coronavirus-induced crewing challenges and supply chain woes.

3 months ago - Zacks Investment Research

Kirby (KEX) Q4 Earnings Surpass Estimates

Kirby (KEX) delivered earnings and revenue surprises of 8% and 0.71%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Kirby Corporation Announces 2021 Fourth Quarter and Full Year Results and 2022 Outlook

HOUSTON, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2021 of $11.0 million or $...

3 months ago - GlobeNewsWire

Analysts Estimate Kirby (KEX) to Report a Decline in Earnings: What to Look Out for

Kirby (KEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Kirby Corporation Announces Date for 2021 Fourth Quarter Earnings Release and Earnings Webcast

HOUSTON, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2021 fourth quarter results at 6:00 a.m. Central Standard Time (“CST”) on Thursday, January 27, 2022....

4 months ago - GlobeNewsWire

HMLP vs. KEX: Which Stock Is the Better Value Option?

HMLP vs. KEX: Which Stock Is the Better Value Option?

Other symbols:HMLP
4 months ago - Zacks Investment Research

HMLP or KEX: Which Is the Better Value Stock Right Now?

HMLP vs. KEX: Which Stock Is the Better Value Option?

Other symbols:HMLP
5 months ago - Zacks Investment Research

Kirby Corporation to Present at the Stephens NASH2021 Investment Conference

HOUSTON, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby" or “the Company”) (NYSE: KEX) announced today that Kirby will present in a fireside chat at the Stephens NASH2021 Investment Confere...

5 months ago - GlobeNewsWire

HMLP vs. KEX: Which Stock Should Value Investors Buy Now?

HMLP vs. KEX: Which Stock Is the Better Value Option?

Other symbols:HMLP
5 months ago - Zacks Investment Research

Cost-Saving Initiatives Boost Kirby (KEX), Rising Debt Ails

Kirby's (KEX) cost-management efforts are encouraging. Weakness in the coastal market and dismal cash position are a headwind.

6 months ago - Zacks Investment Research

Kirby (KEX) Stock Down 2.5% Since Q3 Earnings: Here's Why

Reduced operating efficiencies due to Hurricane Ida hurt Kirby's (KEX) Q3 results.

6 months ago - Zacks Investment Research

Kirby (KEX) Q3 Earnings Miss Estimates

Kirby (KEX) delivered earnings and revenue surprises of -19.05% and 7.07%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Kirby Corporation Announces 2021 Third Quarter Results

HOUSTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby” or the “Company”) (NYSE: KEX) today announced a net loss attributable to Kirby for the third quarter ended September 30, 2021 of $(2...

6 months ago - GlobeNewsWire

7 Transportation Stocks to Buy as Supply Concerns Mount

With the novel coronavirus pandemic causing all kinds of havoc on global supply chains, these transportation stocks could benefit. The post 7 Transportation Stocks to Buy as Supply Concerns Mount appear...

Other symbols:DACJBHTNMMUNPUPSZIM
7 months ago - InvestorPlace

Stifel Is Bullish On These Marine Companies - Read Why

Stifel analyst Benjamin Nolan raised the price targets on marine companies Matson Inc's (NYSE:MATX) and Kirby Corp (NYSE:KEX) and is bullish on the stocks. Nolan upgraded Kirby to Buy from Hold and rais...

Other symbols:MATX
7 months ago - Benzinga

Kirby Corp (KEX) Stock Down 5.7% Year to Date: Here's Why

Weak cash position and persistent weakness in the coastal market are major concerns for Kirby Corporation (KEX).

7 months ago - Zacks Investment Research

New Strong Sell Stocks for October 1st

KEX, BBL, ELUXY, TTDKY, and WEICY have been added to the Zacks Rank #5 (Strong Sell) List on October 1, 2021.

Other symbols:TTDKY
7 months ago - Zacks Investment Research

Kirby Corporation Announces Date for 2021 Third Quarter Earnings Release and Earnings Webcast

HOUSTON, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE: KEX) will announce its 2021 third quarter results at 6:00 a.m. Central Daylight Time (“CDT”) on Thursday, October 28, 2021....

7 months ago - GlobeNewsWire

Kirby Stock Performance In The Pandemic vs 2008

We believe that Kirby stock, the largest tank barge operator in the U.S., is a good buying opportunity at the present time. KEX stock trades near $52 currently and it is, in fact, down 30% from its pre-...

8 months ago - Forbes

Kirby (KEX) Stock Declines 3.8%, Despite Q2 Earnings Beat

Kirby's (KEX) second-quarter top line is driven by increase in segmental revenues.

9 months ago - Zacks Investment Research