Knife River Corporation (KNF)

NYSE: KNF · Real-Time Price · USD
105.01
-0.70 (-0.66%)
Dec 23, 2024, 9:32 AM EST - Market open
-0.66%
Market Cap 5.94B
Revenue (ttm) 2.89B
Net Income (ttm) 199.11M
Shares Out 56.61M
EPS (ttm) 3.51
PE Ratio 30.10
Forward PE 26.34
Dividend n/a
Ex-Dividend Date n/a
Volume 3,790
Open 104.76
Previous Close 105.71
Day's Range 104.73 - 105.73
52-Week Range 61.50 - 108.39
Beta n/a
Analysts Strong Buy
Price Target 99.20 (-5.53%)
Earnings Date Feb 13, 2025

About KNF

Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. It also provides contracting service, such as heavy-civil construction, asphalt and concrete paving, and site development and grading. In addit... [Read more]

Sector Materials
Founded 1917
Employees 4,389
Stock Exchange NYSE
Ticker Symbol KNF
Full Company Profile

Financial Performance

In 2023, Knife River's revenue was $2.83 billion, an increase of 11.66% compared to the previous year's $2.53 billion. Earnings were $182.87 million, an increase of 57.35%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for KNF stock is "Strong Buy." The 12-month stock price forecast is $99.2, which is a decrease of -5.53% from the latest price.

Price Target
$99.2
(-5.53% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Knife River Enters Definitive Agreement to Acquire Strata Corporation

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that it has entered into a definitive agreement to acquire Strata Corporation, a leading construction materials and...

3 days ago - Business Wire

Knife River Names Pladsen Vice President and Chief Excellence Officer

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that Glenn R. Pladsen has been named Vice President and Chief Excellence Officer, tasked with leading core elements...

26 days ago - Business Wire

Knife River Corporation (KNF) Q3 2024 Earnings Call Transcript

Knife River Corporation (NYSE:KNF) Q3 2024 Earnings Conference Call November 4, 2024 11:00 AM ET Company Participants Nathan Ring - CFO Brian Gray - President & CEO Conference Call Participants Kathr...

6 weeks ago - Seeking Alpha

Knife River Corporation Reports Third Quarter Financial Results

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

7 weeks ago - Business Wire

Knife River Corporation Announces Third Quarter 2024 Results Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2024...

2 months ago - Business Wire

Knife River Corporation (KNF) Q2 2024 Earnings Call Transcript

Knife River Corporation (NYSE:KNF) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Nathan Ring - Chief Financial Officer Brian Gray - President & Chief Executive Offi...

4 months ago - Seeking Alpha

Knife River Corporation Reports Second Quarter Financial Results

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

4 months ago - Business Wire

Knife River Corporation Announces Second Quarter 2024 Results Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its second quarter 202...

5 months ago - Business Wire

Knife River Corporation: Squeezing Value From Stone

Knife River Corporation shares have surged 40.7% since October 2023, outperforming the S&P 500. Company's revenue and profitability have shown growth, with optimism from management for the future. Des...

5 months ago - Seeking Alpha

Patricia Chiodo Appointed to Knife River Corporation Board of Directors

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that Patricia Chiodo has been appointed to the company's board of directors. Chiodo has extensive financial experti...

6 months ago - Business Wire

Construction Materials Veteran Thomas W. Hill Elected to Knife River Corporation Board of Directors

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that Thomas W. Hill has been elected by Knife River's stockholders at the 2024 annual meeting of stockholders to se...

7 months ago - Business Wire

Knife River Corporation (KNF) Q1 2024 Earnings Call Transcript

Knife River Corporation (NYSE:KNF) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Nathan Ring - Chief Financial Officer Brian Gray - President & Chief Executive Officer...

8 months ago - Seeking Alpha

Knife River Corporation Reports First Quarter Financial Results

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

8 months ago - Business Wire

Knife River Corporation Announces First Quarter 2024 Results Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its first quarter 2024...

8 months ago - Business Wire

Knife River Corporation Publishes 2023 Sustainability Report

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) today announced that it has published its first sustainability report as a stand-alone company. The report highlights the commitmen...

9 months ago - Business Wire

Knife River Corporation (KNF) Q4 2023 Earnings Call Transcript

Knife River Corporation (KNF) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Knife River Corporation Announces Fourth Quarter and Full-Year 2023 Results

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

11 months ago - Business Wire

Knife River Corporation Announces Fourth Quarter and Full Year 2023 Results Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and...

11 months ago - Business Wire

Knife River Corporation: A Pure-Play For The Infrastructure Boom

Knife River Corporation has reported a 12% YoY increase in Q3'23 revenues, reaching $1.09bn. The company aims to achieve diversified revenue growth, continuous EBITDA margin improvement, and become a ...

1 year ago - Seeking Alpha

Knife River Corporation Announces Pricing of Secondary Offering of Common Stock

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”)...

1 year ago - Business Wire

Knife River Corporation Announces Launch of Secondary Offering of Common Stock

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the launch of a secondary public offering (the “Offering”) of 5,142,383 shares of ...

1 year ago - Business Wire

Knife River Corporation Reports Third Quarter Earnings

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial result...

1 year ago - Business Wire

Knife River Schedules Webcast of Third Quarter 2023 Earnings Conference Call

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2023...

1 year ago - Business Wire

Knife River Corporation: An Appealing New Option In The Aggregates Business

Knife River Corporation, a spinoff of MDU Resources Group, is a leading provider of crushed stone, sand, and gravel in the US. The company has seen growth in revenue over the past few years, driven by...

1 year ago - Seeking Alpha

Knife River Names Robert Van Til President of South Region

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) has named Robert Van Til president of its South Region, which includes aggregate, asphalt, ready-mix concrete and contracting servi...

1 year ago - Business Wire